North America Titanium Dioxide Market Size (2024 - 2029)

The North America Titanium Dioxide Market is projected to experience growth over the forecast period, driven by the expanding construction and automotive industries in the region. Despite challenges posed by the toxicity and stringent environmental regulations associated with titanium dioxide, the market's expansion is supported by opportunities in the use of ultrafine particles in cosmetics and construction. The United States remains the dominant force in the market, maintaining its leading position.

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Market Size of North America Titanium Dioxide Industry

North America Titanium Dioxide Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR (2024 - 2029) 3.61 %
Market Concentration High

Major Players

North America Titanium Dioxide Market Major Players

*Disclaimer: Major Players sorted in no particular order

North America Titanium Dioxide Market Analysis

The North America Titanium Dioxide Market size is estimated at 2.16 Million tons in 2024, and is expected to reach 2.58 Million tons by 2029, growing at a CAGR of 3.61% during the forecast period (2024-2029).

The COVID-19 pandemic majorly affected countries across the region, resulting in severe lockdowns, confining millions of people in their homes, and shutting down businesses, production, and manufacturing facilities, resulting in no economic activity. However, the market retained its growth trajectory in 2022.

  • The major factor driving the studied market is the growing construction industry in the region. Moreover, the rising automotive production is expected to fuel the growth of the market. On the flip side, toxicity and stringent environmental policies of titanium dioxide are expected to hinder the market's growth.
  • Nevertheless, the increasing usage of ultrafine particles of titanium dioxide in cosmetics and construction industries is expected to act as an opportunity in the future. The United States dominated the North American titanium dioxide market and is expected to continue doing so in the coming years.

North America Titanium Dioxide Industry Segmentation

Titanium dioxide is an inorganic compound with the chemical formula TiO2. It is a naturally occurring mineral that is extracted from the earth, processed and purified, and used in a wide range of industrial & consumer product applications. It finds application in industrial and consumer products, such as paints and coatings, adhesives, plastics, paper, rubber, printing inks, coated fabrics, and textiles.

The North American titanium dioxide market is segmented by grade, application, and geography. By grade, the market is segmented into rutile and anatase. By application, the market is segmented into paints and coatings, plastics, pulp and paper, cosmetics, and other applications (pharmaceuticals, textiles, food colorants, etc.) The report also covers the market size and forecasts for the titanium dioxide market in 3 countries (United States, Canada, and Mexico) across the region.  

For each segment, the market sizing and forecasts have been done based on volume (tons).

Grade
Rutile
Anatase
Application
Paints and Coatings
Plastics
Pulp and Paper
Cosmetics
Other Applications (Leather, Textiles, Pharmaceuticals, Food Colorants, etc.)
Geography
United States
Canada
Mexico
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North America Titanium Dioxide Market Size Summary

The North America Titanium Dioxide Market is poised for steady growth, driven primarily by the expanding construction and automotive industries in the region. Despite the challenges posed by the COVID-19 pandemic, which temporarily disrupted economic activities, the market has shown resilience and is expected to continue its upward trajectory. The United States stands as the dominant force in this market, benefiting from its robust demand in sectors such as cosmetics, paints and coatings, and paper. The increasing use of titanium dioxide in these industries, coupled with its essential role as a white pigment in paints, underscores its significance. However, the market faces challenges from the toxicity concerns and stringent environmental regulations associated with titanium dioxide, which could potentially impede its growth.

The paints and coatings sector is anticipated to be a major contributor to the North American titanium dioxide market, with significant investments and expansions underway to meet the rising demand. Companies like PPG and Sherwin-Williams are actively enhancing their production capacities to cater to the growing needs of architectural paints and coatings. Additionally, the market is witnessing opportunities through the use of ultrafine titanium dioxide particles in cosmetics and construction applications. The presence of key players such as The Chemours Company, Tronox Holding plc, and Kronos Worldwide, Inc. further consolidates the market landscape, with ongoing innovations and product developments aimed at enhancing the performance and sustainability of titanium dioxide products.

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North America Titanium Dioxide Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Drivers

      1. 1.1.1 Growing Construction Industry

      2. 1.1.2 Rising Automotive Production

      3. 1.1.3 Other Drivers

    2. 1.2 Restraints

      1. 1.2.1 Toxicity and Stringent Environmental Policies of Titanium Dioxide

      2. 1.2.2 Fluctuations in the Price of Titanium Dioxide

    3. 1.3 Industry Value Chain Analysis

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Threat of New Entrants

      2. 1.4.2 Bargaining Power of Buyers

      3. 1.4.3 Bargaining Power of Suppliers

      4. 1.4.4 Threat of Substitute Products and Services

      5. 1.4.5 Degree of Competition

  2. 2. MARKET SEGMENTATION (Market Size in Volume)

    1. 2.1 Grade

      1. 2.1.1 Rutile

      2. 2.1.2 Anatase

    2. 2.2 Application

      1. 2.2.1 Paints and Coatings

      2. 2.2.2 Plastics

      3. 2.2.3 Pulp and Paper

      4. 2.2.4 Cosmetics

      5. 2.2.5 Other Applications (Leather, Textiles, Pharmaceuticals, Food Colorants, etc.)

    3. 2.3 Geography

      1. 2.3.1 United States

      2. 2.3.2 Canada

      3. 2.3.3 Mexico

North America Titanium Dioxide Market Size FAQs

The North America Titanium Dioxide Market size is expected to reach 2.16 million tons in 2024 and grow at a CAGR of 3.61% to reach 2.58 million tons by 2029.

In 2024, the North America Titanium Dioxide Market size is expected to reach 2.16 million tons.

North America Titanium Dioxide Market Report Snapshots

North America Titanium Dioxide Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)