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    Home > Coatings News > Paints and Coatings Market > The compound annual growth rate of the global titanium dioxide market from 2014 to 2020 reached 3.8%

    The compound annual growth rate of the global titanium dioxide market from 2014 to 2020 reached 3.8%

    • Last Update: 2021-10-18
    • Source: Internet
    • Author: User
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    Global Coatings Network News:

    Global Coatings Network News:

    Transparency Market Research recently released a latest research report on the global titanium dioxide market: In 2013, the global titanium dioxide market value was 9.
    83 billion euros, and it is expected to reach 12.
    81 billion euros in 2020; from 2014 to 2020, the global titanium dioxide market will be compounded every year.
    The average growth rate is expected to reach 3.
    8%.
     

    In 2013, the Asia-Pacific region accounted for 40% of the global titanium dioxide market share; from 2014 to 2020, the Asia-Pacific region is expected to continue to maintain its leading position in consumption.
    At present, the main global titanium dioxide producers include DuPont, Coster, Connors and Komex; the output of these companies accounted for more than half of the global titanium dioxide market share in 2013.
     

    Titanium dioxide is mainly used in the three major fields of paint, coatings and papermaking.
    In 2013, paints and coatings were the main application areas of titanium dioxide, accounting for more than 50% of the use of titanium dioxide.
    This trend is expected to continue until 2020.
    (Source: Global Coatings Network) (For more information, please log in: Global Coatings Network http:// class="info_page">
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