Global Titanium Dioxide (TiO2) Market 2019-2023
The global titanium dioxide market is forecast to grow at a CAGR of over 4% during 2018-2023, and the market size will increase by 1,414.87 thousand tons during the forecast period of 2019-2023. Between 2018-2023, the titanium dioxide market will grow at a faster pace than the overall market growth in 2019. The growth momentum of the titanium dioxide market is expected to accelerate in the second half of the forecast period compared to the increase in the first half. The titanium dioxide market is fragmented, and the degree of fragmentation is expected to decrease by 2023. An outlook of accelerating growth would provide opportunities to all market participants to grow. Market participants should focus on the opportunities on the demand side rather than getting overly impacted with the competitive dynamics. The accelerating growth momentum will be one of the contributing factors moderating the competitive intensity in the market over the forecas...