Rutile Market
Rutile Market Analysis By Availability (Natural Rutile, Synthetic Rutile), By Application (Plastics & Papers, Paints & Coatings, Automotive, Food, Others), and Region - Global Market Insights 2022 to 2032
Analysis of Rutile Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Rutile Market Outlook (2022 to 2032)
The global sales of the rutile market in 2021 were held at US$ 3.9 Billion. The market is expected to register 5.2% market growth during the forecast period 2022 to 2032.
Natural Rutile is expected to be the highest revenue-generating category, projected to account for the highest CAGR of 5.2% during 2022 to 2032.
Report Attributes | Details |
---|---|
Global Market CAGR (2022 to 2032) | 5.2% |
Global Market Size (2022) | US$ 3.9 Billion |
Global Market Size (2032) | US$ 6.9 Billion |
U.S. Market CAGR (2022 to 2032) | 5% |
Key Players Covered | Iluka Resources Limited; Tronox Holdings PLC; East Minerals; IREL (India) Limited; Rio Tinto; V.V. Mineral; TOR Minerals; Kerala Minerals & Metals Ltd.; Yucheng Jinhe Industrial Co. Ltd.; Sierra Rutile Limited; Abbott Blackstone; Murray Basin Titanium Pty. Ltd.; CRISTAL |
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Revenue of the Rutile Market from 2015 to 2021 Compared to Demand Outlook for 2022 to 2032
As per the Rutile Market research by Fact.MR a market research and competitive intelligence provider, historically, from 2015 to 2021, market value increased at around 6.1% CAGR.
Rutile is a mineral that significantly comprises titanium dioxide (TiO2). This mineral is found in transformative, sedimentary, and molten rocks across various regions of the world. It is utilized in the creation of titanium metal. Rutile is squashed into a white powder, which can be additionally utilized as a color in paints for a wide assortment of uses.
Rutile has one of the greatest refractive records at the noticeable frequencies of any known gem and furthermore shows an especially huge birefringence and high scattering. Rutile is one of the three normally occurring types of titanium dioxide and is a fundamental and shifted mineral. The worldwide rutile market is developing at a significant pace by virtue of its plenty of applications across a few modern verticals, such as auto, food, paints and coatings, and numerous others.
Rutile is broadly utilized as a welding cathode covering. Moreover, it is likewise found as the incorporation of a few gemstones, including star sapphire, and is answerable for the asterism impact of gemstones. Rutile is to a great extent accessible in nature, and engineered rutile can be made from ilmenite, a mineral used to create titanium and titanium dioxide.
Rutile is a mineral that behaves as a titanium source. It occurs in different tones like yellow, dark, straightforward, brilliant, hazy material, and rosy relying on its sources. It has a construction like a tetragonal gem having two four-sided crystals. It is predominantly found with different minerals in particular quartz and with a few gemstones like a star sapphire. It is additionally answerable for the asterism impact present in gemstones. Rutile is found as an accessory mineral in a few altered igneous rocks.
Normal rutile has tremendous accessibility universally while engineered rutile can be thought up from ilmenite which is a mineral sort utilized in titanium and titanium dioxide creation. The chloride cycle and sulfate process are the significant rutile handling strategies generally utilized in the worldwide climate. The sulfate interaction is significantly utilized for rutile handling over different strategies. In this cycle, sulfuric corrosive is utilized to respond with rutile which gives titanium some undesirable substances as the build-up.
Which factors are Propelling Rutile Demand?
The rise in demand for titanium oxide from various ventures like automotive, bundling, and hardware is speeding up the development of the market. Rutile is an intermediate and is utilized for the development of titanium dioxide, which is widely utilized in numerous businesses. There is an increased interest in electric or battery-worked vehicles for lower fuel discharges attributable to stricter government standards and expanded natural mindfulness.
Rising interest in lightweight vehicles is assessed to be one of the central points driving the interest in titanium dioxide, thus positively impacting rutile utilization across the globe. The expanded inclination of customers for eco-friendly and low emanation vehicles has essentially helped the interest in lightweight vehicles across the globe.
Titanium coatings offer high scratch opposition through its derivate - polycarbonate. Subsequently, titanium dioxide is to a great extent utilized in auto coatings applications upheld by its umpteen properties. The higher utilization of titanium dioxide in the vehicle business is cultivating the interest for rutile in the worldwide market.
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What are the challenges against Rutile Market?
In numerous industrial processes, titanium dioxide (TiO2) is generally utilized. Handling rutile to create titanium metal and titanium dioxide brings about the development of risky waste which has prompted regulation to direct the utilization of rutile and has confined the development of the business.
The color extraction process from titanium-rich metals addresses a significant wasteful strategy. With every huge amount of TiO2, beyond what 8 tons of waste can be created. Titanium dioxide squanders handling includes strong waste, strong corrosive waste, feeble corrosive waste, killed squander, garbage removal, and residue. Accordingly, expanding waste from titanium dioxide extraction will make some low-degree obstacles for the market over the forecast period.
The production of titanium oxide and metal from the handling of rutile brings about the age of perilous waste, which further outcomes in genuine climate impacts and garbage removal issues. The issue is supposed to dial back the market during the figure timeframe.
Furthermore, hurtful waste from the development of titanium metal and oxide powers provincial administrative bodies, for example, EPA and REACH to restrict or control the utilization of rutile by following severe guidelines. These variables are supposed as far as possible in the worldwide market.
Severe natural guidelines on the extraction of titanium from rutile are expected to hamper the development of the market. Catastrophic events in different regions of the planet are probably going to make the need to foster structures and frameworks, expanding the interest in titanium dioxide, and prompting possible development of the market.
Regional Analysis
Which region is projected to Offer the Largest Opportunity for Rutile Market? Check how?
North America is the most lucrative region for the market, with double-digit projected growth. Furthermore, Asia Pacific is supposed to be an exceptionally lucrative region for the market, with ascend in investments in the creation of synthetic rutile. China has been a key income generator and is expected to assume a vital part in the utilization and deals of rutile before long too. Expanding modern venture and high GDP development in the arising economies for automobiles in China is expected to drive market development in the Asia Pacific.
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Country-wise Analysis
U.S. Rutile Market Analysis
The United States is expected to account for the largest market of US$ 2.5 Bn by the end of 2032. The snowballing paints and coatings industry is a key factor driving the market in the U.S. In the paint business, rutile colors are essential as few governments have prohibited the utilization of toxic shades in purchaser paint merchandise.
The U.S. government for instance has restricted the utilization of toxic plastic paints. In this way, design coatings and buyer coatings represent the greater part of the aggregate sum of coatings fabricated and are expected to fuel the market growth.
U.K. Rutile Market Analysis
The market in the U.K. is expected to reach a valuation of US$ 300 Mn by 2032. Growing at a CAGR of 4.2% during the forecast period, the market in the country is expected to gross an absolute dollar opportunity of US$ 100 Mn.
Japan Rutile Market Analysis
In Japan, the market is expected to gross an absolute dollar opportunity of US$ 100 Mn, growing at a CAGR of 4.3% during the forecast period. The market is likely to reach a valuation of US$ 400 Mn by 2032.
South Korea Rutile Market Analysis
The market in South Korea is projected to reach nearly US$ 200 Mn by 2032. Growing at a CAGR of 3.8%, the market in the country is expected to gross an absolute dollar opportunity of around US$ 50 Mn.
Category-wise Insights
Which Segment is projected to Witness the Fastest Growth?
The Natural Rutile segment is forecasted to grow at the highest CAGR of over 5% during 2022 to 2032. Natural rutile is the purest, highest-grade natural form of titanium dioxide (TiO2), and its preferred feedstock in producing titanium pigment and creating titanium metal. Titanium pigments are used to make paints, coatings, and plastics, and titanium itself is used to produce extremely strong metal alloys. Natural rutile may contain up to 10% iron and significant amounts of niobium and tantalum. Owing to these factors, the demand for natural rutile is increasing.
Competitive Analysis
Some of the key players in the rutile market include Iluka Resources Limited, Tronox Holdings PLC, East Minerals, IREL (India) Limited, Rio Tinto, V.V. Mineral, TOR Minerals, Kerala Minerals & Metals Ltd., Yucheng Jinhe Industrial Co. Ltd., Sierra Rutile Limited, Abbott Blackstone, Murray Basin Titanium Pty. Ltd., and CRISTAL.
- In December 2022, Rio Tinto announced that it has commissioned a second tunnel to carry water into the Kemano Powerhouse in British Columbia, marking the end of the Kemano T2 hydropower project.
- In April 2021, TOR Minerals announced that it has completed the sale of Corpus Christi assets.
Similarly, recent developments related to companies in Rutile Market have been tracked by the team at Fact.MR, which are available in the full report.
Market Segments Covered in Rutile Industry Analysis
-
By Availability
- Natural Rutile
- Synthetic Rutile
-
By Application
- Plastics & Papers
- Paints & Coatings
- Automotive
- Food
- Others
-
By Region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Market Risks and Trends Assessment
- 4. Market Background and Foundation Data Points
- 5. Key Success Factors
- 6. Global Market Demand Analysis 2015 to 2021 and Forecast, 2022 to 2032
- 7. Global Market Value Analysis 2015 to 2021 and Forecast, 2022 to 2032
- 8. Global Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Availability
- 8.1. Natural Rutile
- 8.2. Synthetic Rutile
- 9. Global Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Application
- 9.1. Plastics & Papers
- 9.2. Paints & Coatings
- 9.3. Automotive
- 9.4. Food
- 9.5. Others
- 9.6. Air and Gas Purification
- 9.7. Others
- 10. Global Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Region
- 10.1. North America
- 10.2. Latin America
- 10.3. Europe
- 10.4. APAC
- 10.5. Middle East and Africa (MEA)
- 11. North America Market Analysis 2015 to 2021 and Forecast 2022 to 2032
- 12. Latin America Market Analysis 2015 to 2021 and Forecast 2022 to 2032
- 13. Europe Market Analysis 2015 to 2021 and Forecast 2022 to 2032
- 14. APAC Market Analysis 2015 to 2021 and Forecast 2022 to 2032
- 15. Middle East and Africa Market Analysis 2015 to 2021 and Forecast 2022 to 2032
- 16. Key Countries Market Analysis 2015 to 2021 and Forecast 2022 to 2032
- 17. Market Structure Analysis
- 18. Competition Analysis
- 18.1. Iluka Resources Limited
- 18.2. Tronox Holdings PLC
- 18.3. East Minerals
- 18.4. IREL (India) Limited
- 18.5. Rio Tinto
- 19. Assumptions and Acronyms Used
- 20. Research Methodology
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List Of Table
Table 1: Global Market Value (US$ Bn), By Availability, 2015 to 2021
Table 2: Global Market Value (US$ Bn), By Availability, 2022 to 2032
Table 3: Global Market Value (US$ Bn), By Application, 2015 to 2021
Table 4: Global Market Value (US$ Bn), By Application, 2022 to 2032
Table 5: Global Market, By Region, 2015 to 2021
Table 6: Global Market, By Region, 2022 to 2032
Table 7: North America Market Value (US$ Bn), By Availability, 2015 to 2021
Table 8: North America Market Value (US$ Bn), By Availability, 2022 to 2032
Table 9: North America Market Value (US$ Bn), By Application, 2015 to 2021
Table 10: North America Market Value (US$ Bn), By Application, 2022 to 2032
Table 11: North America Market, By Country, 2015 to 2021
Table 12: North America Market, By Country, 2022 to 2032
Table 13: Latin America Market Value (US$ Bn), By Availability, 2015 to 2021
Table 14: Latin America Market Value (US$ Bn), By Availability, 2022 to 2032
Table 15: Latin America Market Value (US$ Bn), By Application, 2015 to 2021
Table 16: Latin America Market Value (US$ Bn), By Application, 2022 to 2032
Table 17: Latin America Market, By Country, 2015 to 2021
Table 18: Latin America Market, By Country, 2022 to 2032
Table 19: Europe Market Value (US$ Bn), By Availability, 2015 to 2021
Table 20: Europe Market Value (US$ Bn), By Availability, 2022 to 2032
Table 21: Europe Market Value (US$ Bn), By Application, 2015 to 2021
Table 22: Europe Market Value (US$ Bn), By Application, 2022 to 2032
Table 23: Europe Market, By Country, 2015 to 2021
Table 24: Europe Market, By Country, 2022 to 2032
Table 25: APAC Market Value (US$ Bn), By Availability, 2015 to 2021
Table 26: APAC Market Value (US$ Bn), By Availability, 2022 to 2032
Table 27: APAC Market Value (US$ Bn), By Application, 2015 to 2021
Table 28: APAC Market Value (US$ Bn), By Application, 2022 to 2032
Table 29: APAC Market, By Country, 2015 to 2021
Table 30: APAC Market, By Country, 2022 to 2032
Table 31: MEA Market Value (US$ Bn), By Availability, 2015 to 2021
Table 32: MEA Market Value (US$ Bn), By Availability, 2022 to 2032
Table 33: MEA Market Value (US$ Bn), By Application, 2015 to 2021
Table 34: MEA Market Value (US$ Bn), By Application, 2022 to 2032
Table 35: MEA Market, By Country, 2015 to 2021
Table 36: MEA Market, By Country, 2022 to 2032
Table 37: Global Market Incremental $ Opportunity, By Availability, 2015 to 2021
Table 38: Global Market Incremental $ Opportunity, By Application, 2022 to 2032
Table 39: Global Market Incremental $ Opportunity, By Region, 2022 to 2032
Table 40: North America Market Incremental $ Opportunity, By Availability, 2015 to 2021
Table 41: North America Market Incremental $ Opportunity, By Application, 2022 to 2032
Table 42: North America Market Incremental $ Opportunity, By Country, 2022 to 2032
Table 43: Latin America Market Incremental $ Opportunity, By Availability, 2015 to 2021
Table 44: Latin America Market Incremental $ Opportunity, By Application, 2022 to 2032
Table 45: Latin America Market Incremental $ Opportunity, By Country, 2022 to 2032
Table 46: Europe Market Incremental $ Opportunity, By Availability, 2015 to 2021
Table 47: Europe Market Incremental $ Opportunity, By Application, 2022 to 2032
Table 48: Europe Market Incremental $ Opportunity, By Country, 2022 to 2032
Table 49: APAC Market Incremental $ Opportunity, By Availability, 2015 to 2021
Table 50: APAC Market Incremental $ Opportunity, By Application, 2022 to 2032
Table 51: APAC Market Incremental $ Opportunity, By Country, 2022 to 2032
Table 52: MEA Market Incremental $ Opportunity, By Availability, 2015 to 2021
Table 53: MEA Market Incremental $ Opportunity, By Application, 2022 to 2032
Table 54: MEA Market Incremental $ Opportunity, By Country, 2022 to 2032
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List Of Figures
Figure 1: Global Market Value (US$ Bn) and Year-on-Year Growth, 2015 to 2032
Figure 2: Global Market Absolute $ Historical Gain (2015 to 2021) and Opportunity (2022 to 2032), US$ Bn
Figure 3: Global Market Share, By Availability, 2022 & 2032
Figure 4: Global Market Y-o-Y Growth Projections, By Availability - 2022 to 2032
Figure 5: Global Market Attractiveness Index, By Availability - 2022 to 2032
Figure 6: Global Market Share, By Application, 2022 & 2032
Figure 7: Global Market Y-o-Y Growth Projections, By Application - 2022 to 2032
Figure 8: Global Market Attractiveness Index, By Application - 2022 to 2032
Figure 9: Global Market Share, By Region, 2022 & 2032
Figure 10: Global Market Y-o-Y Growth Projections, By Region - 2022 to 2032
Figure 11: Global Market Attractiveness Index, By Region - 2022 to 2032
Figure 12: North America Market Value (US$ Bn) and Year-on-Year Growth, 2015 to 2032
Figure 13: North America Market Absolute $ Opportunity Historical (2015 to 2021) and Forecast Period (2022 to 2032), US$ Bn
Figure 14: North America Market Share, By Availability, 2022 & 2032
Figure 15: North America Market Y-o-Y Growth Projections, By Availability - 2022 to 2032
Figure 16: North America Market Attractiveness Index, By Availability - 2022 to 2032
Figure 17: North America Market Share, By Application, 2022 & 2032
Figure 18: North America Market Y-o-Y Growth Projections, By Application - 2022 to 2032
Figure 19: North America Market Attractiveness Index, By Application - 2022 to 2032
Figure 20: North America Market Share, By Country, 2022 & 2032
Figure 21: North America Market Y-o-Y Growth Projections, By Country - 2022 to 2032
Figure 22: North America Market Attractiveness Index, By Country - 2022 to 2032
Figure 23: Latin America Market Value (US$ Bn) and Year-on-Year Growth, 2015 to 2032
Figure 24: Latin America Market Absolute $ Opportunity Historical (2015 to 2021) and Forecast Period (2022 to 2032), US$ Bn
Figure 25: Latin America Market Share, By Availability, 2022 & 2032
Figure 26: Latin America Market Y-o-Y Growth Projections, By Availability - 2022 to 2032
Figure 27: Latin America Market Attractiveness Index, By Availability - 2022 to 2032
Figure 28: Latin America Market Share, By Application, 2022 & 2032
Figure 29: Latin America Market Y-o-Y Growth Projections, By Application - 2022 to 2032
Figure 30: Latin America Market Attractiveness Index, By Application - 2022 to 2032
Figure 31: Latin America Market Share, By Country, 2022 & 2032
Figure 32: Latin America Market Y-o-Y Growth Projections, By Country - 2022 to 2032
Figure 33: Latin America Market Attractiveness Index, By Country - 2022 to 2032
Figure 34: Europe Market Value (US$ Bn) and Year-on-Year Growth, 2015 to 2032
Figure 35: Europe Market Absolute $ Opportunity Historical (2015 to 2021) and Forecast Period (2022 to 2032), US$ Bn
Figure 36: Europe Market Share, By Availability, 2022 & 2032
Figure 37: Europe Market Y-o-Y Growth Projections, By Availability - 2022 to 2032
Figure 38: Europe Market Attractiveness Index, By Availability - 2022 to 2032
Figure 39: Europe Market Share, By Application, 2022 & 2032
Figure 40: Europe Market Y-o-Y Growth Projections, By Application - 2022 to 2032
Figure 41: Europe Market Attractiveness Index, By Application - 2022 to 2032
Figure 42: Europe Market Share, By Country, 2022 & 2032
Figure 43: Europe Market Y-o-Y Growth Projections, By Country - 2022 to 2032
Figure 44: Europe Market Attractiveness Index, By Country - 2022 to 2032
Figure 45: MEA Market Value (US$ Bn) and Year-on-Year Growth, 2015 to 2032
Figure 46: MEA Market Absolute $ Opportunity Historical (2015 to 2021) and Forecast Period (2022 to 2032), US$ Bn
Figure 47: MEA Market Share, By Availability, 2022 & 2032
Figure 48: MEA Market Y-o-Y Growth Projections, By Availability - 2022 to 2032
Figure 49: MEA Market Attractiveness Index, By Availability - 2022 to 2032
Figure 50: MEA Market Share, By Application, 2022 & 2032
Figure 51: MEA Market Y-o-Y Growth Projections, By Application - 2022 to 2032
Figure 52: MEA Market Attractiveness Index, By Application - 2022 to 2032
Figure 53: MEA Market Share, By Country, 2022 & 2032
Figure 54: MEA Market Y-o-Y Growth Projections, By Country - 2022 to 2032
Figure 55: MEA Market Attractiveness Index, By Country - 2022 to 2032
Figure 56: APAC Market Value (US$ Bn) and Year-on-Year Growth, 2015 to 2032
Figure 57: APAC Market Absolute $ Opportunity Historical (2015 to 2021) and Forecast Period (2022 to 2032), US$ Bn
Figure 58: APAC Market Share, By Availability, 2022 & 2032
Figure 59: APAC Market Y-o-Y Growth Projections, By Availability - 2022 to 2032
Figure 60: APAC Market Attractiveness Index, By Availability - 2022 to 2032
Figure 61: APAC Market Share, By Application, 2022 & 2032
Figure 62: APAC Market Y-o-Y Growth Projections, By Application - 2022 to 2032
Figure 63: APAC Market Attractiveness Index, By Application - 2022 to 2032
Figure 64: APAC Market Share, By Country, 2022 & 2032
Figure 65: APAC Market Y-o-Y Growth Projections, By Country - 2022 to 2032
Figure 66: APAC Market Attractiveness Index, By Country - 2022 to 2032
Figure 67: US Market Value (US$ Bn) and Forecast, 2022 to 2032
Figure 68: US Market Share, By Availability, 2021
Figure 69: US Market Share, By Application, 2021
Figure 70: Canada Market Value (US$ Bn) and Forecast, 2022 to 2032
Figure 71: Canada Market Share, By Availability, 2021
Figure 72: Canada Market Share, By Application, 2021
Figure 73: Brazil Market Value (US$ Bn) and Forecast, 2022 to 2032
Figure 74: Brazil Market Share, By Availability, 2021
Figure 75: Brazil Market Share, By Application, 2021
Figure 76: Mexico Market Value (US$ Bn) and Forecast, 2022 to 2032
Figure 77: Mexico Market Share, By Availability, 2021
Figure 78: Mexico Market Share, By Application, 2021
Figure 79: Germany Market Value (US$ Bn) and Forecast, 2022 to 2032
Figure 80: Germany Market Share, By Availability, 2021
Figure 81: Germany Market Share, By Application, 2021
Figure 82: U.K. Market Value (US$ Bn) and Forecast, 2022 to 2032
Figure 83: U.K. Market Share, By Availability, 2021
Figure 84: U.K. Market Share, By Application, 2021
Figure 85: France Market Value (US$ Bn) and Forecast, 2022 to 2032
Figure 86: France Market Share, By Availability, 2021
Figure 87: France Market Share, By Application, 2021
Figure 88: Italy Market Value (US$ Bn) and Forecast, 2022 to 2032
Figure 89: Italy Market Share, By Availability, 2021
Figure 90: Italy Market Share, By Application, 2021
Figure 91: Spain Market Value (US$ Bn) and Forecast, 2022 to 2032
Figure 92: Spain Market Share, By Availability, 2021
Figure 93: Spain Market Share, By Application, 2021
Figure 94: Netherlands Market Value (US$ Bn) and Forecast, 2022 to 2032
Figure 95: Netherlands Market Share, By Availability, 2021
Figure 96: Netherlands Market Share, By Application, 2021
Figure 97: China Market Value (US$ Bn) and Forecast, 2022 to 2032
Figure 98: China Market Share, By Availability, 2021
Figure 99: China Market Share, By Application, 2021
Figure 100: Japan Market Value (US$ Bn) and Forecast, 2022 to 2032
Figure 101: Japan Market Share, By Availability, 2021
Figure 102: Japan Market Share, By Application, 2021
Figure 103: South Korea Market Value (US$ Bn) and Forecast, 2022 to 2032
Figure 104: South Korea Market Share, By Availability, 2021
Figure 105: South Korea Market Share, By Application, 2021
Figure 106: Saudi Arabia Market Value (US$ Bn) and Forecast, 2022 to 2032
Figure 107: Saudi Arabia Market Share, By Availability, 2021
Figure 108: Saudi Arabia Market Share, By Application, 2021
Figure 109: South Africa Market Value (US$ Bn) and Forecast, 2022 to 2032
Figure 110: South Africa Market Share, By Availability, 2021
Figure 111: South Africa Market Share, By Application, 2021
Figure 112: UAE Market Value (US$ Bn) and Forecast, 2022 to 2032
Figure 113: UAE Market Share, By Availability, 2021
Figure 114: UAE Market Share, By Application, 2021
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
How much is the current worth of the Rutile Market?
The global Rutile Market is worth more than US$ 3.9 Bn at present.
What is the sales forecast for Rutile Market?
The value of the Rutile Market is projected to increase at a CAGR of around 5.2% during 2022 to 2032.
At what percentage is sales of Rutile Market going to register growth in US?
Rutile market in US is projected to expand at a CAGR of around 5% during 2022 to 2032.
What is a key trend shaping the growth of the Rutile Market?
The rise in demand for titanium oxide from various ventures like development, automotive, bundling, and hardware is speeding up the development of the market.
What was the last 5 year’s market CAGR?
The value of the Rutile Market increased at a CAGR of around 6.1% during 2015 to 2021.