Australia Titanium Dioxide Market: Size, Growth, Regional Analysis, And Market Analysis
Titanium Dioxide: Titanium Dioxide, also known as Titania or titanium (IV) oxide, is used in various products, including plastics, paper, coatings, paints, and semiconductors. Paper, paints and coatings, and plastics are some of the major end-use sectors for titanium dioxide. In the future years, the rising demand for titanium dioxide will be fueled by the rise of several end-use sectors. Market Analysis: Between 2021 and 2026, the Australia Titanium Dioxide Market is expected to grow at a CAGR of 5.9%, reaching USD 20.9 billion in 2021 and USD 27.9 billion by 2026. During the projected period, the Australia Titanium Dioxide Market will be driven by paints and coatings applications in construction, automotive, and industries. With increased demand from China and India, APAC is dominating the market in paint and coating applications. The Titanium Dioxide market experienced a slowdown in growth due to COVID-19 and the worldwide lockdown that followed. Due to the COVID-19 pandemic, the