Ti02 Information
and use cases


USD $19.8 Billion

The market size value in 2023 was
USD $19798.8 million

USD $30.62 Billion

Revenue forecast in 2030 is estimated to be USD $30.62 billion

CAGR of 6.3%

The compound annual growth rate from 2023 to 2030 is estimated to be 6.3%

Titanium Dioxide by Application

The global titanium dioxide (TiO2) market is segmented into various applications, with the most significant being paints and coatings. As of 2022, the paints and coatings segment led the market, accounting for over 59.3% of the global revenue. This dominance is expected to continue through the forecast period up to 2030. Titanium dioxide’s efficient scattering of visible light, which imparts whiteness, brightness, and opacity when used in coatings, contributes to its widespread use in this segment. The growth in the construction and automotive sectors, especially in developing regions, has fueled product demand in the paints and coatings industry in recent years

Global Titanium Dioxide Market by Region


Revenue Share, 2022


The size of the global titanium dioxide market was valued at approximately $18.82 billion in 2022. It is projected to grow to around $19.798 billion in 2023.

The global titanium dioxide market is projected to grow at a compound annual growth rate (CAGR) of 6.3% from 2023 through 2030, with expectations to reach a market value of approximately $30.62 billion by the end of 2030.

The Asia Pacific region held the dominant position in the titanium dioxide market, securing the largest revenue share at 42.4% in 2022. This significant market share is largely due to the surge in construction activities across countries like India, China, and other Southeast Asian nations. This increase in construction has driven the demand for paints and coatings in the region, thereby bolstering the growth in demand for titanium dioxide products.

The major participants in the titanium dioxide market comprise notable companies such as The Chemours Company, Tronox Holdings PLC, LB Group, Venator, and Kronos Worldwide, Inc.

The growth of the titanium dioxide (TiO2) market is primarily fueled by the rising demand for lightweight vehicles, driven by stringent emission regulations, and the expanding use of TiO2 in applications such as printing inks, rubber, and chemical fibers.