The global Titanium Dioxide market (TiO2) is anticipated to grow at a rate of 4.2 percent by 2026 in terms of value, to reach USD 28.3 billion in 2026 from USD 20.36 billion in 2018. The increasing application of the product for automotive paints and coating is a crucial factor influencing demand. Major automotive and aerospace manufacturers prefer TiO2 enriched paints for their vehicles for imparting a brighter and durable color. The product is the whitest and brightest of all known pigments that give a unique brightness and resilience to all types of vehicles such as cars, trucks, buses, cruise ships, trains, and airplanes.
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