Global Titanium Dioxide Color Market is valued at approximately USD 20.9 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 5.00 % over the forecast period 2022-2028. Titanium dioxide is odourless and absorbent. Its most important function in powder form is as a widely used pigment for lending whiteness and opacity. Titanium dioxide has been used as a bleaching and opacifying agent in porcelain enamels, giving them brightness, hardness, and acid resistance. The thriving construction sector worldwide and surging demand for lightweight vehicles has led to the adoption of Titanium Dioxide Color across the forecast period. For Instance: According to the US Census Bureau, the total construction value in April 2021 increased by 9.8% compared to April 2020. As per IBEF In Union Budget 2021, the government has given a massive push to the infrastructure sector by allocating Rs. 233,083 crores (US$ 32.02 billion) to enhance the transport infrastructure. Also, with the increased use of ultrafine particles of titanium dioxide in cosmetics and increased use of titanium dioxide as a photocatalyst, the adoption & demand for Titanium Dioxide Color is likely to increase the market growth during the forecast period. However, stringent environmental policies of governments and susceptibility to the human body impede the growth of the market over the forecast period of 2022-2028.

The key regions considered for the Global Titanium Dioxide Color Market study include Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is the leading region across the world in terms of market share owing to the growing automobile industry, improving standard of living, and thriving automotive sector, as well as high economic growth. Whereas, Asia-Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2022-2028. Factors such as increasing investments in infrastructure development projects and growing urbanization would create lucrative growth prospects for the Titanium Dioxide Color Market across Asia-Pacific region.

Major market players included in this report are:

Ishihara Sangyo Kaisha, ltd.(Japan)

The Chemours Company (US)

Tronox Holding plc (US)

Lomon Billions Group (China)

Venator Materials plc (UK)

Kronos Worldwide Inc (US)

Ineos (UK)

Cinkarna Celje d.d. (Slovenia)

Evonik Industries ag (Germany)

Tayca Corporation (Japan)

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Application:

Paints & Coatings

Plastics

Papers

Inks

Other

By Process:

Chloride

Sulfate

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019, 2020

Base year - 2021

Forecast period - 2022 to 2028

Target Audience of the Global Titanium Dioxide Color Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors