India Titanium Dioxide Market Size & Outlook, 2024-2030
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India titanium dioxide market highlights
- The India titanium dioxide market generated a revenue of USD 867.6 million in 2023 and is expected to reach USD 1,367.8 million by 2030.
- The India market is expected to grow at a CAGR of 6.8% from 2024 to 2030.
- In terms of segment, rutile was the largest revenue generating grade in 2023.
- Anatase is the most lucrative grade segment registering the fastest growth during the forecast period.
Titanium dioxide market data book summary
| Market revenue in 2023 | USD 867.6 million |
| Market revenue in 2030 | USD 1,367.8 million |
| Growth rate | 6.8% (CAGR from 2024 to 2030) |
| Largest segment | Rutile |
| Fastest growing segment | Anatase |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Anatase, Rutile |
| Key market players worldwide | The Chemours Co, Tronox Holdings PLC Shs Class A, Venator Materials PLC, Kronos Worldwide Inc, Evonik Industries AG, Cathay Pacific Airways Ltd, TOR Minerals International Inc |
Other key industry trends
- In terms of revenue, India accounted for 4.2% of the global titanium dioxide market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China titanium dioxide market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 10,660.6 million by 2030.
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Titanium Dioxide Market Scope
Titanium Dioxide Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Cathay Pacific Airways Ltd | View profile | 23800 | 88 Queensway, 33rd Floor, One Pacific Place, Hong Kong, Hong Kong | https://www.cathaypacific.com |
| Venator Materials PLC | View profile | 3413 | Titanium House, Hanzard Drive, Wynyard Park, Stockton-On-Tees, Durham, United Kingdom, TS22 5FD | https://www.venatorcorp.com |
| TOR Minerals International Inc | View profile | 45 | 615 N Upper Broadway, Suite 410, Corpus Christi, TX, United States, 78401 | https://www.torminerals.com |
| Tronox Holdings PLC Shs Class A | View profile | 6500 | 263 Tresser Boulevard, Suite 1100, Stamford, CT, United States, 06901 | https://www.tronox.com |
| The Chemours Co | View profile | 6200 | 1007 Market Street, Wilmington, DE, United States, 19801 | https://www.chemours.com |
| Kronos Worldwide Inc | View profile | 2196 | 5430 LBJ Freeway, Suite 1700, Dallas, TX, United States, 75240-2620 | https://www.kronostio2.com |
| Evonik Industries AG | View profile | 33409 | Rellinghauser Strasse 1-11, Essen, NW, Germany, 45128 | https://www.evonik.com |
India titanium dioxide market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to titanium dioxide market will help companies and investors design strategic landscapes.
Rutile was the largest segment with a revenue share of 82.96% in 2023. Horizon Databook has segmented the India titanium dioxide market based on anatase, rutile covering the revenue growth of each sub-segment from 2018 to 2030.
In recent years, India has witnessed rise in demand for paints and coatings, owing to the flourishing construction industry. Furthermore, growing middle-class population, improving standard of living, and rising disposable incomes are the major factors contributing to the growth of the construction industry, which, in turn, is expected to generate a demand for architectural and decorative paints and coatings.
Furthermore, government initiatives such as Make in India, Smart Cities Mission, Housing for All, and 100% FDI permitted through automatic route in the infrastructure sector are likely to boost the construction industry in the country in the coming years.
This in turn has fueled the demand for Titanium Dioxide (TiO2) for the manufacturing of suitable paints and coatings and the trend is expected to be followed throughout the forecast period across the country.
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Our clientele includes a mix of titanium dioxide market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the India titanium dioxide market , including forecasts for subscribers. This country databook contains high-level insights into India titanium dioxide market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India titanium dioxide market size, by grade, 2018-2030 (US$M)
India Titanium Dioxide Market Outlook Share, 2023 & 2030 (US$M)
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