Titanium Dioxide Market Size Is Surpassing USD 39.31 Billion by 2033, Growing at Projected 5.81% CAGR

Newark, Feb. 15, 2024 (GLOBE NEWSWIRE) — The Brainy Insights estimates that the USD 22.35 billion in 2023 global Titanium Dioxide market will reach USD 39.31 billion by 2033. The demand for high-performance coatings with superior properties, including UV resistance, durability, and antimicrobial features, continues to grow. Titanium dioxide’s role in enhancing coating performance creates innovation and market expansion opportunities. Moreover, the trend toward smart and sustainable building materials creates opportunities for titanium dioxide in developing coatings and materials with advanced functionalities, such as self-cleaning surfaces and improved energy efficiency. Also, the plastics industry is a major consumer of titanium dioxide. With the growing demand for high-quality and aesthetically appealing plastic products, there are opportunities to explore new applications and formulations, especially in packaging and consumer goods. Additionally, titanium dioxide is utilized in the production of solar cells. As the emphasis on renewable energy sources continues to rise, there are opportunities for increased demand for titanium dioxide in the solar energy sector, particularly in photovoltaic applications. Also, the use of 3D printing is expanding across various industries. Titanium dioxide can find applications in developing 3D printing materials, contributing to advancing additive manufacturing technologies.
• Cinkarna Celje
• CNNC Huayuan Titanium Dioxide Co. Ltd.
• Evonik Industries AG
• East Minerals
• GPRO Titanium Industry Co., Ltd.
• Guangdong Huiyun Titanium Co., Ltd.
• Grupa Azoty S.A.
• Ishihara Sangyo Kaisha, Ltd.
• INEOS
• Iluka Resources
• KRONOS Worldwide Inc.
• Kish Company
• Kemipex
• LB Group
• NL Industries, Inc.
• Precheza a.s.
• The Chemours Company
• The Tronox Holdings plc
• The Kerala Minerals & Metals Limited
• TOR Minerals International, Inc.
• Tayca Corporation
• Titanos Group
• Venator Materials PLC
• V.V. Mineral (VVM)
• Rutile
• Sulfate
• Plastics
• Pulp & Paper
• Cosmetics
• Others
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• Europe (Germany, France, the UK, Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America)
• The Middle East and Africa (UAE, South Africa, Rest of MEA)
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(GlobeNewsWire)