Study Predicts Titanium Dioxide Market to Reach $17.12 Billion by 2020
ALBANY, NY - Transparency Market Research has published a new market report, Titanium Dioxide Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020. According to the report, the global titanium dioxide market was valued at $13.14 billion in 2013 and is anticipated to reach $17.12 billion by 2020, expanding at a CAGR of 3.8 percent from 2014 to 2020.
Major raw materials used in the production of titanium dioxide include mineral sources such as ilmenite and rutile. Major processes used in the manufacturing of titanium dioxide include sulfate and chloride.