china titanium dioxide especially for masterbatch and plastic use tio2

According to a recent report by ResearchAndMarkets.com, the global titanium dioxide market was valued at USD 18.9 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 5.3% from 2021 to 2027. The Chinese market accounts for a significant portion of this growth, with domestic production and consumption of titanium dioxide expected to increase at a faster pace than the global average.

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