Titanium Dioxide Companies

The titanium dioxide market is estimated to grow from USD 20.72 billion in 2024 to USD 24.41 billion by 2029, growing at a compound annual growth rate (CAGR) of 3.33%. This market will continue to grow steadily over the forecast period. This is due to the application of titanium dioxide in a wide range of sectors, especially paint and coatings to both automotive and construction sectors. Moreover, titanium dioxide nanoparticles open up new avenues in both the cosmetics and construction industries. Ultrafine titanium dioxide is widely used in cosmetic products such as creams, powders (loose and pressed), eyeshadows, blushes, and sunscreens, giving a smooth finish, enhanced protection against harmful UV rays, and improved brightness. In construction, titanium dioxide photocatalysts are applied to materials to enable self-cleaning, antibacterial properties, air purification, and enhanced resistance to pollution.

Titanium Dioxide Companies

The major players in the titanium dioxide market with a global presence are : The Chemours Company (US), Tronox Holdings Plc (US), LB Group (China),Kronos Worldwide, Inc. (US), Venator Materials PLC. (UK), INEOS Group Limited (UK), CNNC Huayuan Titanium Dioxide Co., Ltd. (China), Cinkarna Celje d.d. (Slovenia), Evonik Industries AG (Germany), Tayca Corporation (Japan) and others are covered in the titanium dioxide market) etc. The market players have adopted various strategies such as development of advanced products, product launches, partnerships, contracts, expansions, and acquisitions to strengthen their position in the titanium dioxide market.

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Tronox Holdings is a leader in the manufacturing and distribution of pigments, electrolytic products, and chemical solutions. It runs operations in the regions including US, Australia, South Africa, UK, Saudi Arabia, Singapore, Brazil, India, France, and Netherlands. Tronox is involved exploring, mining, enhancing mineral sands, specializing in titanium feedstock products such as chloride slag, slag fines, rutile, leucoxene, zircon, and pig iron. It specializes in the production and marketing of titanium dioxide, electrolytic manganese dioxide for advanced batteries, and specialty boron products. Tronox has titanium dioxide pigment manufacturing facilities in Mississippi, Netherlands, and West Australia. The company serves all sectors from plastics to paper, paints to coatings and inks, to textiles, food, rubber, pharmaceuticals, and cosmetics. The company's portfolio includes Tronox titanium dioxide, mineral sands, alkali products, and specialty electrolytic chemicals. Tronox has an annual production capacity of about 832,000 metric tons (MT) of titanium feedstock, which comprises 240,000 MT of synthetic rutile, 410,000 MT of titanium slag, and 182,000 MT of rutile and leucoxene.

LB Group is a company that specializes in the production of inorganic chemicals. Its product range includes Titanium (Titanium Dioxide and Titanium Sponge), Zirconium (ZOC, ZrO2 Powder, Grinding Media, and Ceramic), Iron Oxide Pigment, Ferrous Sulfate Monohydrate, Ilmenite & Slag. The company serves a wide range of applications, including paints, coatings, inks, plastics, and paper. The company runs six plants producing titanium dioxide pigments, which are two based on the chloride process, three based on the sulfate process, and one intermediate titanium dioxide plant. The overall production capacity currently stands at around 1,510 kilotons of TiO2, of which 660 kilotons come from chloride-process plants, 850 kilotons from sulfate-process plants, and 200 kilotons from the intermediate titanium dioxide pigment facility. LB Group is located in Asia, Europe, and North America and offers titanium dioxide pigment under the brand BILLIONS.

Kronos Worldwide, Inc. produces and sells titanium dioxide and offers technical service support to 3000 plus customers in more than 100 countries. It focuses on significant markets in Europe, Asia Pacific, and North America. The business is primarily concentrated in three areas: coatings, plastics, and paper.

In the coatings industry, titanium dioxide enhances properties like tinting strength, opacity, brightness, and durability, which are essential for applications in automobiles, residential and commercial buildings, aircraft, appliances, machinery, traffic paint, and specialty coatings. In plastics, titanium dioxide pigments provide opacity to packaging, containers, and vinyl products such as door profiles, windows, and siding. It also gives hiding power and a neutral tone to products such as housewares, toys, appliances, computer cases, and food packaging. In paper production, titanium dioxide is used as an opacifying and delustering agent in decorative, filled, and coated paper, as well as in textiles.

The company is involved in many titanium chemicals which serve a range of applications in areas like catalysis, treatment of water and pearlescent pigments; paints and coatings; and for the petroleum industries. Kronos operates four units of titanium dioxide production plants that are spread all over Europe-Kronos located in Leverkusen and Nordenham Germany, Langerbrugge Belgium, Fredrikstad, Norway. Plants in North America are found operating in Varennes, Quebec Canada; Lake Charles Louisiana, USA Kronos produces its titanium dioxide under two crystalline forms-anatase and rutile.

On July 2024, Kronos Worldwide Inc. acquired the remaining 50% stake in LPC company (Louisiana Pigment Company) from Venator Materials. This step allowed Kronos to expand its production capacities and increase market presence.

• In November 2023, Cinkarna introduced a new series of TMP-free titanium dioxide pigments. The company released RC 813, RC 823, and RC 833, among others, as part of its line of TMP-free products.
• UPM Specialty Papers and Lohmann revealed in October 2023 that the companies would cooperate on tackling issues with paper liners recycling in the tape industry. In promoting the circular economy principle, the cooperation tried to enhance better sustainability in the industry.
• In December 2022, LB Sichuan Mining and Metallurgy Co., (a LB Group's wholly owned subsidiary) signed an agreement to significantly increase its equity stake in PZH Zhenxing V & Ti Resources Equity Investment Center . This move was done to raise LB Sichuan's ownership from 69.98% to 99.97%.
• In January 2023, Chemours launched a new product in the Ti-Pure Sustainability (TS) series. The product was: Ti-Pure TS-1510. This grade is a highly efficient and effective rutile titanium dioxide pigment. This was particularly developed to make processing performance more efficient in plastics. It has main applications in the field of masterbatch for polyolefines.
• In May 2023, Chemours launched Ti-Pure TS-6700. This product is a high-performance titanium dioxide grade, which is specifically designed for waterborne architectural coatings. This product is both TMP- and TME-free. Ti-Pure TS-6700 is produced using 100% renewable electricity and features a bio-based organic surface treatment.

Related Reports:

Titanium Dioxide Market by Grade (Rutile, Anatase), Process (Sulfate, Chloride), Application (Paints & Coating, Plastics, Paper, Inks), & Region (North America, Europe, Asia Pacific, MEA, South America) - Global Forecasts Up to 2029