Global Titanium Dioxide (TiO2) Market is Projected to Reach $18.6 Billion by 2029 | Market Research Report (2023-2029) Industry Experts, Inc
Industry Experts, Inc. announced the new 2024 version of its global market research report on Titanium Dioxide (TiO2) . The study reveals that the TiO2 market is the largest in Asia-Pacific in terms of both volumes and value with an estimated 3.4 million metric tons and US$6.4 billion respectively in 2023. The several unique properties of titanium dioxide, one of which is high refractive index, has made the material invaluable in a number of applications, ranging from paints and coatings to plastics and paper, among others. Titanium dioxide also finds application in printing inks, cosmetics and personal care products, food, textiles and pharmaceuticals. The primary sources of titanium dioxide include anatase, ilmenite and rutile, with almost half of the total global titanium dioxide being obtained from ilmenite. Sulfate and chloride are the two processes by which titanium dioxide is produced commercially, of which the sulfate process is the dominant technology. Architectural Paints ...