Market Overview:
The global titanium pigment market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for high quality grade titanium pigments from various applications such as coatings, paper, plastics, printing ink and others. Asia Pacific is expected to be the fastest growing region during the forecast period owing to rising demand for titanium pigments from countries such as China and India.
Product Definition:
Titanium dioxide is a white pigment found in nature that is made synthetically for use in products such as paint, plastics, and paper. It is also used as a food additive to provide a white color to foods.
High Quality Grade:
High quality grade (HIG) titanium pigment is a commercially available, pure and fully characterized form of titanium dioxide. It has no other additives or fillers added to it. The product is produced using the highest quality raw materials such as amorphous solid oxide and powdered metal, which are procured from reliable suppliers only through a single source distribution channel.
Regular Grade:
Regular grade titanium pigment is a commercially available pigment that has been manufactured using titanium metal and various other ingredients. It is widely used in paints, printing inks, coatings, and adhesives owing to its unique properties such as high tinting strength which makes it suitable for use in the end-use industries.
Application Insights:
The demand for titanium pigments in coatings was valued at USD 5.5 billion in 2017 and is projected to witness significant growth over the coming years owing to its superior properties including high corrosion resistance, strength, and hardness. It is used as a filler material in the manufacturing of automotive, industrial & decorative coatings.
Coatings were the largest application segment with a volume share of 37% in 2017 on account of their rising use for applications such as architectural paint, powder coating, electrostatic coating on fabrics and leather goods along with powder metallurgy (PM) process which has widened their scope across various end-use industries globally. The PM process involves using titanium pigments that are sintered into very thin sheets that can be applied by screen printing or sputtering techniques resultingantly boosting product demand worldwide.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and accounted for a revenue share of over 45%. The region is expected to continue its dominance over the forecast period. This can be attributed to increasing demand from emerging economies, such as China and India. In addition, rising infrastructure activities are projected to drive product demand further.
The growth of the construction industry in Asia Pacific has been remarkable considering that it is one of the worst-hit regions by COVID-19; however, there is no sign of recovery yet due to which many projects have been put on hold or canceled altogether. This factor will negatively impact market growth in future as well owing to reduced investments from various sectors including real estate and infrastructural development.
Growth Factors:
- Increasing demand from end-use industries such as construction, automotive and aerospace due to its properties such as light weight, corrosion resistance and heat resistance.
- Rising awareness about the benefits of using titanium pigment among consumers is expected to boost the market growth.
- Growing investments by key players in research and development activities to develop new products is anticipated to propel the market growth over the forecast period.
- Technological advancements in production processes that help reduce manufacturing costs are likely to provide a fillip to the titanium pigment market growth during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Titanium Pigment Market Research Report
By Type
High Quality Grade, Regular Grade
By Application
Coatings, Paper, Plastics, Printing Ink, Others
By Companies
Huntsman International, DuPont, Ineos, Iluka Resources Ltd., Sumitomo Corporation VSMPO-AVISMA Corporation., Toho Titanium Co., RTI International Metals, Allegheny Technologies Incorporated, Titanium Metal Corporation., Tronox Limited (U.S)., Indian Rare Earths Limited (India)., Sierra Rutile Limited (U.K)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
134
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Titanium Pigment Market Report Segments:
The global Titanium Pigment market is segmented on the basis of:
Types
High Quality Grade, Regular Grade
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Coatings, Paper, Plastics, Printing Ink, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Huntsman International
- DuPont
- Ineos
- Iluka Resources Ltd.
- Sumitomo Corporation VSMPO-AVISMA Corporation.
- Toho Titanium Co.
- RTI International Metals
- Allegheny Technologies Incorporated
- Titanium Metal Corporation.
- Tronox Limited (U.S).
- Indian Rare Earths Limited (India).
- Sierra Rutile Limited (U.K)
Highlights of The Titanium Pigment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- High Quality Grade
- Regular Grade
- By Application:
- Coatings
- Paper
- Plastics
- Printing Ink
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Titanium Pigment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Titanium pigment is a type of pigment that is made from titanium dioxide. Titanium dioxide is a white, light-colored mineral that can be found in many different places, including rocks and soil. It's often used to make paint and other types of products because it has a high resistance to heat and water.
Some of the major companies in the titanium pigment market are Huntsman International, DuPont, Ineos, Iluka Resources Ltd., Sumitomo Corporation VSMPO-AVISMA Corporation., Toho Titanium Co., RTI International Metals, Allegheny Technologies Incorporated, Titanium Metal Corporation., Tronox Limited (U.S)., Indian Rare Earths Limited (India)., Sierra Rutile Limited (U.K).
The titanium pigment market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Titanium Pigment Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Titanium Pigment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Titanium Pigment Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Titanium Pigment Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Titanium Pigment Market Size & Forecast, 2018-2028
4.5.1 Titanium Pigment Market Size and Y-o-Y Growth
4.5.2 Titanium Pigment Market Absolute $ Opportunity
Chapter 5 Global Titanium Pigment Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Titanium Pigment Market Size Forecast by Type
5.2.1 High Quality Grade
5.2.2 Regular Grade
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Titanium Pigment Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Titanium Pigment Market Size Forecast by Applications
6.2.1 Coatings
6.2.2 Paper
6.2.3 Plastics
6.2.4 Printing Ink
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Titanium Pigment Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Titanium Pigment Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Titanium Pigment Analysis and Forecast
9.1 Introduction
9.2 North America Titanium Pigment Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Titanium Pigment Market Size Forecast by Type
9.6.1 High Quality Grade
9.6.2 Regular Grade
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Titanium Pigment Market Size Forecast by Applications
9.10.1 Coatings
9.10.2 Paper
9.10.3 Plastics
9.10.4 Printing Ink
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Titanium Pigment Analysis and Forecast
10.1 Introduction
10.2 Europe Titanium Pigment Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Titanium Pigment Market Size Forecast by Type
10.6.1 High Quality Grade
10.6.2 Regular Grade
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Titanium Pigment Market Size Forecast by Applications
10.10.1 Coatings
10.10.2 Paper
10.10.3 Plastics
10.10.4 Printing Ink
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Titanium Pigment Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Titanium Pigment Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Titanium Pigment Market Size Forecast by Type
11.6.1 High Quality Grade
11.6.2 Regular Grade
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Titanium Pigment Market Size Forecast by Applications
11.10.1 Coatings
11.10.2 Paper
11.10.3 Plastics
11.10.4 Printing Ink
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Titanium Pigment Analysis and Forecast
12.1 Introduction
12.2 Latin America Titanium Pigment Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Titanium Pigment Market Size Forecast by Type
12.6.1 High Quality Grade
12.6.2 Regular Grade
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Titanium Pigment Market Size Forecast by Applications
12.10.1 Coatings
12.10.2 Paper
12.10.3 Plastics
12.10.4 Printing Ink
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Titanium Pigment Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Titanium Pigment Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Titanium Pigment Market Size Forecast by Type
13.6.1 High Quality Grade
13.6.2 Regular Grade
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Titanium Pigment Market Size Forecast by Applications
13.10.1 Coatings
13.10.2 Paper
13.10.3 Plastics
13.10.4 Printing Ink
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Titanium Pigment Market: Competitive Dashboard
14.2 Global Titanium Pigment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Huntsman International
14.3.2 DuPont
14.3.3 Ineos
14.3.4 Iluka Resources Ltd.
14.3.5 Sumitomo Corporation VSMPO-AVISMA Corporation.
14.3.6 Toho Titanium Co.
14.3.7 RTI International Metals
14.3.8 Allegheny Technologies Incorporated
14.3.9 Titanium Metal Corporation.
14.3.10 Tronox Limited (U.S).
14.3.11 Indian Rare Earths Limited (India).
14.3.12 Sierra Rutile Limited (U.K)
