
World - Titanium Dioxide Pigments and Colouring Preparations - Market Analysis, Forecast, Size, Trends and Insights
Global Titanium Dioxide Pigment Market Keeps Robust Growth, Expanding 2% Per Year
IndexBox has just published a new report: 'World - Titanium Dioxide Pigments and Colouring Preparations - Market Analysis, Forecast, Size, Trends and Insights'. Here is a summary of the report's key findings.
Global Titanium Dioxide Pigment Consumption
The global titanium dioxide pigment market rose to $21.4B in 2020, surging by 2% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, indirect taxes and distributors' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +2.1% over the period from 2010 to 2020.
In value terms, the largest titanium dioxide pigments markets worldwide were China ($4B), the U.S. ($2.9B) and Japan ($1.3B), together accounting for 38% of the global market. These countries were followed by Mexico, Germany, Russia, South Korea, Turkey, India, Italy, the Netherlands, Canada and Spain, which together accounted for a further 32%.
Global Titanium Dioxide Pigment Imports
After two years of decline, overseas purchases of titanium dioxide pigments and colouring preparations increased by 7.8% to 4M tons in 2020. In value terms, supplies amounted to $10.3B (IndexBox estimates).
The countries with the highest levels of titanium dioxide pigments imports in 2020 were Belgium (347K tons), Germany (291K tons), India (263K tons), the U.S. (240K tons), China (187K tons), Turkey (157K tons), Italy (152K tons), France (151K tons), South Korea (145K tons), Brazil (136K tons), Mexico (114K tons) and Canada (100K tons), together accounting for 57% of total import. Spain (100K tons) held a minor share of total imports.
In value terms, Germany ($783M), Belgium ($729M) and India ($644M) were the countries with the highest levels of imports in 2020, with a combined 21% share of global imports.
In 2020, the average titanium dioxide pigments import price amounted to $2,588 per ton, which is down by -6.6% against the previous year. Average prices varied somewhat amongst the major importing countries. In 2020, major importing countries recorded the following prices: in China ($3,109 per ton) and Italy ($2,793 per ton), while Belgium ($2,099 per ton) and Brazil ($2,382 per ton) were amongst the lowest. From 2010 to 2020, the most notable rate of growth in terms of prices was attained by China, while the other global leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the global titanium dioxide pigments market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
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