이산화티타늄 시장 규모, 점유율, 동향 분석 보고서 : 등급별, 캐리어 제조 공정별, 최종 용도별, 용도별, 지역별, 부문별 예측(2024-2030년)

Titanium Dioxide Market Growth & Trends:

The global titanium dioxide market size is anticipated to reach USD 31.79 billion by 2030, exhibiting a CAGR of 6.6% during the forecast period, according to a new report by Grand View Research, Inc. The growth is majorlyattributed to the rising use of titanium dioxide in industrial coatings for ensuring their durability, opacity, brightness, and tinting strength. It is also used in coatings applied to interiors & exteriors of residential and commercial establishments.

Titanium dioxide is used in coatings meant for aircraft, automobiles, appliances, and machines, as well as in traffic paints and other special-purpose coatings. The volume of titanium dioxide utilized in paints & coatings varies widely depending on the desired color, opacity, and quality of the final paints & coatings. In general, the higher the opacity requirements of paints & coatings, the greater the volume of titanium dioxide used in them.

Titanium dioxide is manufactured using two processes, namely, the sulfate process and chloride process. The key raw materials used in these processes are rutile ore and ilmenite ore or titanium slag. Apart from them, other chemicals that are used in the manufacturing of titanium dioxide are sulfuric acid, chlorine, carbon, etc.

Rutile is found in metamorphic, sedimentary, and igneous rocks. Rutile is widely used for the production of titanium metal and as pigments. Rutile is crushed into a white powder, which can be further used as a pigment in several applications such as paints, plastics, paper, foods, and others. Ilmenite and rutile are among the major raw materials used to produce titanium dioxide.

Increasing support from governments for the production of electric vehicles is anticipated to fuel the growth of the automotive industry. This, in turn, is anticipated to substantially boost the demand for titanium dioxide in paints & coatings and plastics applications. For instance, the U.S. federal government has subsidized electric cars with a USD 7,500 consumer tax break for the first 200,000 vehicles an automaker sells.

The market is characterized by the presence of various well-established players such as The Chemours Company, Tronox Holdings plc, LB Group, Venator, and Kronos Worldwide Inc., as well as various global and regional SMEs.

The major raw materials used in the production of Ilmenite ore and rutile ore. The availability and prices of these raw materials have a direct impact on the production and final cost of titanium dioxide in the global market. For example, according to ScrapMonster, the prices of Ilmenite ore (50%) concentration of TiO2 increased by USD 1255/ MT, as of 22 March 2023. While the price of Ilmenite ore (46%) concentration of TiO2 increased USD 961.16/ MT as of 22 March 2023. Such raw material price hikes impacted the prices of titanium dioxide.

Titanium Dioxide Market Report Highlights:

• Rutile grade dominated the market with a revenue share of 76.4% in 2023 owing to high weathering properties in comparison to anatase. At higher temperature conditions, anatase TiO2 converts to rutile TiO2, having higher weather ability and hiding power in comparison to its other counterparts.
• Sulfate Carrier Production Process dominated the market with a revenue share of 78.0% in 2023. Iodine powder is treated with concentrated sulfuric acid (H2SO4) to produce titanyl sulfate and is further hydrolyzed for the formation of metatitanic acid and is then calcined and pulverized to obtain whiter Titanium power.
• Paints & Coatings dominated the market with a revenue share of 44.2% in 2023 owing to its extensive application of white pigment TiO2 in the paint and coatings sector. When used in coatings, it is highly effective visible light scattering properties add whiteness, brightness, and opacity.
• Asia Pacific dominated the market segment with a revenue share of 42.6% in 2023 owing to construction activities and growing demand for products from automotive sector in emerging countries, such as India, Japan, and South Korea, which are expected to drive the market over the forecast period.

Table of Contents

Chapter 1. Methodology and Scope

• 1.1. Market Segmentation & Scope
• 1.2. Market Definition
• 1.3. Information Procurement
  • 1.3.1. Purchased Database
  • 1.3.2. GVR's Internal Database
  • 1.3.3. Secondary Sources & Third-Party Perspectives
  • 1.3.4. Primary Research
• 1.4. Information Analysis
  • 1.4.1. Data Analysis Models
• 1.5. Market Formulation & Data Visualization
• 1.6. Data Validation & Publishing

Chapter 2. Executive Summary

• 2.1. Market Snapshot
• 2.2. Segment Snapshot
• 2.3. Competitive Landscape Snapshot

Chapter 3. Titanium Dioxide Market Variables, Trends & Scope

• 3.1. Market Lineage Outlook
  • 3.1.1. Global Pigments Market Outlook
  • 3.1.2. Global Inorganics Pigments Market Outlook
• 3.2. Industry Value Chain Analysis
  • 3.2.1. Raw Material Trends
  • 3.2.2. Manufacturing/ Technology Trends
  • 3.2.3. Sales Channel Analysis
  • 3.2.4. List of Potential End Users
• 3.3. Price Trend Analysis
  • 3.3.1. Factors Influencing Prices
• 3.4. Regulatory Framework, By Regions
• 3.5. Market Dynamics
  • 3.5.1. Market Driver Analysis
  • 3.5.2. Market Restraint Analysis
  • 3.5.3. Industry Challenges
  • 3.5.4. Industry Opportunities
• 3.6. Industry Analysis Tools
  • 3.6.1. Porter's Five Forces Analysis
  • 3.6.2. Macro-environmental Analysis

Chapter 4. Titanium Dioxide Market: Supplier Portfolio Analysis

• 4.1. List of Raw Material Suppliers
• 4.2. Portfolio Analysis/Kraljic Matrix
• 4.3. Engagement Model
• 4.4. Negotiation Strategies
• 4.5. Sourcing Best Practices

Chapter 5. Titanium Dioxide Market: Grade Estimates & Trend Analysis

• 5.1. Grade Movement Analysis & Market Share, 2023 & 2030
• 5.2. Anatase
  • 5.2.1. Anatase Titanium Dioxide Market Estimates & Forecast, 2018 to 2030 (USD Million) (Kilotons)
• 5.3. Rutile
  • 5.3.1. Rutile Titanium Dioxide Estimates and Forecasts, 2018 - 2030 (USD Million) (Kilotons)

Chapter 6. Titanium Dioxide Market: Carrier Production Process Estimates & Trend Analysis

• 6.1. Carrier Production Process Movement Analysis & Market Share, 2023 & 2030
• 6.2. Sulfate
  • 6.2.1. Titanium Dioxide Market Estimates & Forecast, By Sulfate, 2018 to 2030 (USD Million) (Kilotons)
• 6.3. Chloride
  • 6.3.1. Titanium Dioxide Estimates and Forecasts, By Chloride, 2018 - 2030 (USD Million) (Kilotons)

Chapter 7. Titanium Dioxide Market: Application Estimates & Trend Analysis

• 7.1. Application Movement Analysis & Market Share, 2023 & 2030
• 7.2. Paints & Coatings
  • 7.2.1. Titanium Dioxide Market Estimates & Forecast, in Paint & Coatings, 2018 to 2030 (USD Million) (Kilotons)
• 7.3. Plastics
  • 7.3.1. Titanium Dioxide Market Estimates & Forecast, in Plastics, 2018 to 2030 (USD Million) (Kilotons)
• 7.4. Ink
  • 7.4.1. Titanium Dioxide Market Estimates & Forecast, in Ink, 2018 to 2030 (USD Million) (Kilotons)
• 7.5. Paper & Pulp
  • 7.5.1. Titanium Dioxide Market Estimates & Forecast, in Paper & Pulp, 2018 to 2030 (USD Million) (Kilotons)
• 7.6. Comsetics
  • 7.6.1. Titanium Dioxide Market Estimates & Forecast, in Cosmetics, 2018 to 2030 (USD Million) (Kilotons)
• 7.7. Other Applications
  • 7.7.1. Titanium Dioxide Market Estimates & Forecast, in Other Applications, 2018 to 2030 (USD Million) (Kilotons)
• 7.8. Other Applications
  • 7.8.1. Titanium Dioxide Market Estimates & Forecast, in Other Applications, 2018 to 2030 (USD Million) (Kilotons)

Chapter 8. Titanium Dioxide Market: Regional Estimates & Trend Analysis

• 8.1. Regional Movement Analysis & Market Share, 2023 & 2030
• 8.2. North America
  • 8.2.1. North America Titanium Dioxide Market Estimates & Forecast, 2018 - 2030 (USD Million) (Kilotons)
  • 8.2.2. U.S.
    • 8.2.2.1. Key country dynamics
    • 8.2.2.2. U.S. Titanium Dioxide Market estimates & forecast, 2018 - 2030 (USD Million) (Kilotons)
  • 8.2.3. Canada
    • 8.2.3.1. Key country dynamics
    • 8.2.3.2. Canada Titanium Dioxide Market estimates & forecast, 2018 - 2030 (USD Million) (Kilotons)
  • 8.2.4. Mexico
    • 8.2.4.1. Key country dynamics
    • 8.2.4.2. Mexico Titanium Dioxide Market estimates & forecast, 2018 - 2030 (USD Million) (Kilotons)
• 8.3. Europe
  • 8.3.1. Europe Organic Fertilizer Estimates & Forecast, 2018 - 2030 (USD Million) (Kilotons)
  • 8.3.2. Germany
    • 8.3.2.1. Key country dynamics
    • 8.3.2.2. Germany Titanium Dioxide Market estimates & forecast, 2018 - 2030 (USD Million) (Kilotons)
  • 8.3.3. UK
    • 8.3.3.1. Key country dynamics
    • 8.3.3.2. UK Titanium Dioxide Market estimates & forecast, 2018 - 2030 (USD Million) (Kilotons)
  • 8.3.4. France
    • 8.3.4.1. Key country dynamics
    • 8.3.4.2. France Titanium Dioxide Market estimates & forecast, 2018 - 2030 (USD Million) (Kilotons)
  • 8.3.5. Italy
    • 8.3.5.1. Key country dynamics
    • 8.3.5.2. Italy Titanium Dioxide Market estimates & forecast, 2018 - 2030 (USD Million) (Kilotons)
  • 8.3.6. Spain
    • 8.3.6.1. Key country dynamics
    • 8.3.6.2. Spain Titanium Dioxide Market estimates & forecast, 2018 - 2030 (USD Million) (Kilotons)
• 8.4. Asia Pacific
  • 8.4.1. Asia Pacific Titanium Dioxide Market Estimates & Forecast, 2018 - 2030 (USD Million) (Kilotons)
  • 8.4.2. China
    • 8.4.2.1. Key country dynamics
    • 8.4.2.2. China Titanium Dioxide Market estimates & forecast, 2018 - 2030 (USD Million) (Kilotons)
  • 8.4.3. India
    • 8.4.3.1. Key country dynamics
    • 8.4.3.2. India Titanium Dioxide Market estimates & forecast, 2018 - 2030 (USD Million) (Kilotons)
  • 8.4.4. Japan
    • 8.4.4.1. Key country dynamics
    • 8.4.4.2. Japan Titanium Dioxide Market estimates & forecast, 2018 - 2030 (USD Million) (Kilotons)
  • 8.4.5. South Korea
    • 8.4.5.1. Key country dynamics
    • 8.4.5.2. South Korea Titanium Dioxide Market estimates & forecast, 2018 - 2030 (USD Million) (Kilotons)
  • 8.4.6. Australia
    • 8.4.6.1. Key country dynamics
    • 8.4.6.2. Australia Titanium Dioxide Market estimates & forecast, 2018 - 2030 (USD Million) (Kilotons)
• 8.5. Central & South America
  • 8.5.1. Central & South America Titanium Dioxide Market Estimates & Forecast, 2018 - 2030 (USD Million) (Kilotons)
  • 8.5.2. Brazil
    • 8.5.2.1. Key country dynamics
    • 8.5.2.2. Brazil Titanium Dioxide Market estimates & forecast, 2018 - 2030 (USD Million) (Kilotons)
  • 8.5.3. Argentina
    • 8.5.3.1. Key country dynamics
    • 8.5.3.2. Argentina Titanium Dioxide Market estimates & forecast, 2018 - 2030 (USD Million) (Kilotons)
• 8.6. Middle East & Africa
  • 8.6.1. Middles East & Africa Titanium Dioxide Market Estimates & Forecast, 2018 - 2030 (USD Million) (Kilotons)
  • 8.6.2. Saudi Arabia
    • 8.6.2.1. Key country dynamics
    • 8.6.2.2. Saudi Arabia Titanium Dioxide Market estimates & forecast, 2018 - 2030 (USD Million) (Kilotons)
  • 8.6.3. South Africa
    • 8.6.3.1. Key country dynamics
    • 8.6.3.2. South Africa Titanium Dioxide Market estimates & forecast, 2018 - 2030 (USD Million) (Kilotons)

Chapter 9. Titanium Dioxide Market - Competitive Landscape

• 9.1. Recent Developments & Impact Analysis, By Key Market Participants
• 9.2. Key Company Categorization
• 9.3. Company Market Positioning Analysis, 2023
• 9.4. Company Market Share Analysis, 2023
• 9.5. Company Heat Map Analysis
• 9.6. Strategy Mapping
• 9.7. Company Profiles
  • 9.7.1. The Chemours Company
    • 9.7.1.1. Participant's overview
    • 9.7.1.2. Financial performance
    • 9.7.1.3. Product benchmarking
    • 9.7.1.4. Recent developments
  • 9.7.2. The Tronox Holdings plc
    • 9.7.2.1. Participant's overview
    • 9.7.2.2. Financial performance
    • 9.7.2.3. Product benchmarking
    • 9.7.2.4. Recent developments
  • 9.7.3. LB Group
    • 9.7.3.1. Participant's overview
    • 9.7.3.2. Financial performance
    • 9.7.3.3. Product benchmarking
    • 9.7.3.4. Recent developments
  • 9.7.4. Venator Materials PLC
    • 9.7.4.1. Participant's overview
    • 9.7.4.2. Financial performance
    • 9.7.4.3. Product benchmarking
    • 9.7.4.4. Recent developments
  • 9.7.5. KRONOS Worldwide Inc.
    • 9.7.5.1. Participant's overview
    • 9.7.5.2. Financial performance
    • 9.7.5.3. Product benchmarking
    • 9.7.5.4. Recent developments
  • 9.7.6. Evonik Industries AG
    • 9.7.6.1. Participant's overview
    • 9.7.6.2. Financial performance
    • 9.7.6.3. Product benchmarking
    • 9.7.6.4. Recent developments
  • 9.7.7. Ishihara Sangyo Kaisha, Ltd.
    • 9.7.7.1. Participant's overview
    • 9.7.7.2. Financial performance
    • 9.7.7.3. Product benchmarking
    • 9.7.7.4. Recent developments
  • 9.7.8. CNNC HUAN YUAN Titanium Dioxide Co., Ltd.
    • 9.7.8.1. Participant's overview
    • 9.7.8.2. Financial performance
    • 9.7.8.3. Product benchmarking
    • 9.7.8.4. Recent developments
  • 9.7.9. The Kerala Minerals & Metals Limited
    • 9.7.9.1. Participant's overview
    • 9.7.9.2. Financial performance
    • 9.7.9.3. Product benchmarking
    • 9.7.9.4. Recent developments
  • 9.7.10. CATHAY INDUSTRIES
    • 9.7.10.1. Participant's overview
    • 9.7.10.2. Financial performance
    • 9.7.10.3. Product benchmarking
    • 9.7.10.4. Recent developments
  • 9.7.11. TOR Minerals International, Inc.
    • 9.7.11.1. Participant's overview
    • 9.7.11.2. Financial performance
    • 9.7.11.3. Product benchmarking
    • 9.7.11.4. Recent developments