Titanium Dioxide Market Analysis

Grade (Rutile, Anatase)

Rutile segment is poised to capture over 62% titanium dioxide market share by 2037. The segment growth can be attributed to the growing construction industry. The most prevalent naturally occurring type of titanium dioxide (TiO2) is rutile pigment, which has better weathering and concealing qualities than anatase.

In paint applications, rutile grade TiO2 is utilized as a carrier to provide white color in plastics and stop color fading in paper. For instance, in January 2023, Ti-PureTM TS-1510, an extremely effective rutile titanium dioxide pigment, was unveiled by The Chemours Company, a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials. TiO2 is intended to improve processing performance in plastics applications, including polyolefin masterbatch.

Process (Chloride, Sulfate)

Sulfate segment in the titanium dioxide market is estimated to reach USD 560.3 million by the end of 2037. The segment growth can be credited to the cost efficiency provided by sulfate to produce titanium dioxide. TiO2 is being used extensively in paints and coatings because of the expanding demand from the building and automotive industries. Because low-grade raw materials are used with less environmental impact and more affordable production machines are developed, technological improvement is helping to promote market expansion.

Application (Paints & Coatings, Plastics, Papers, Inks)

Paints & coatings segment in the titanium dioxide market is set to exhibit CAGR of around 4.3% from 2024 to 2037. The segment is growing due to the growing adoption of paints and coatings in automobiles and the construction industry. Also, the growing demand for automotive paint is influencing the growth of the segment.

This material has excellent durability, scratch resistance, and corrosion resistance when used as pigments in paints and coatings. Due to these qualities, the compound is used extensively in the construction and automotive industries, which is expected to fuel market expansion.

Our in-depth analysis of the global market includes the following segments: