Titanium Dioxide Pigments Market is expected to reach $22,350.57 million in 2018


Posted April 21, 2015 by MicroMktM

In the overall pigment consumption, TiO2 holds a maximum share of around 69% with 5,200 thousand MT in 2013. The TiO2 consumption is anticipated to reach 6,387 thousand MT by 2018, with a CAGR of 4.2%.

 
TiO2 demand is increasing due to capacity expansions, increasing demand from emerging economies such as Brazil, Russia, India, and China. The Global Titanium dioxide Pigments market was valued at $16,492.07 million in 2012 and is expected to reach $22,350.57 million in 2018 with a growing CAGR of 4.8% from 2013.

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Titanium based pigments are the most widely used in the colorant industry. Commercially these are extracted from its natural rutile ore or purchased slag. The extracted titanium dioxide used to synthesize the pigments exists in two crystalline forms namely anatase and rutile. The synthesis involves two routes chloride and sulfate.

As of 2012, Australia leads in the production of rutile capturing 57.8% of total rutile production. It is followed by South Africa (15.8%), Sierra Leone (12.0%), Ukraine (7.2%), India (3.0%), and 4.1% by ROW. Together these countries hold more than 56% of total installed capacity for the production of titanium based pigments.

The key Regions covered in Global Titanium dioxide pigments Market are Americas, Asia-Pacific, Europe and others. The Various applications studied in Global Titanium dioxide Pigments Market include Paints&Coatings, Plastics, Paper&Speciality and others. Further, as a part of qualitative analysis, the Global Pigments Market research report provides a comprehensive review of the important drivers, restraints, opportunities, and burning issues in the Global Titanium dioxide Pigments market.
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Last Updated April 21, 2015