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Revolutionizing Mexican Manufacturing: Titanium Dioxide Market … – GlobeNewswire

| Source: Rationalstat LLC Rationalstat LLC
Wilmington, Delaware, UNITED STATES
Wilmington, Delaware, Nov. 17, 2023 (GLOBE NEWSWIRE) — Mexico Titanium Dioxide Market size is valued at US$ 832.2 million in 2023 and is predicted to rise at a substantial CAGR of 11.3% during the forecast period of 2023 and 2030 according to RationalStat analysis.

Market Definition, Market Scope, and Report Overview
The market is driven by the growing demand for titanium dioxide in various industries, including paints and coatings, plastics, and paper. The increasing demand for titanium dioxide is due to its unique properties, such as its high brightness, whiteness, and UV-blocking ability. The paints and coatings industry is the largest consumer of titanium dioxide in Mexico. The growth of this industry is driven by the increasing demand for construction and infrastructure development.
Moreover, the plastics industry is another major consumer of titanium dioxide. The growth of this industry is driven by the increasing demand for packaging and consumer goods. However, there is increasing competition from low-cost producers in China and India coupled with the increasing environmental regulations on the production of titanium dioxide is anticipated to hamper the growth of the Mexico titanium dioxide market.
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Mexico Titanium Dioxide Market: Segmental and Market Share Analysis
Report Synopsis
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Competition Analysis and Market Structure
Some of the prominent players adopt various strategies to reinforce their market share and gain a competitive edge over other competitors in the market. Mergers & acquisitions, and partnerships and collaborations are some of the strategies followed by industry players.
Some of the prominent players and suppliers operating and contributing significantly to the titanium dioxide market growth include Wego Chemical Group, The Chemours Company, Hascor Metals S.A. De C.V., Nederman Holding AB, DuPont, Iluka Resources Limited, Paul & Company, Tronox, American Elements, Hosokawa Alpine AG, HENAN JINHE INDUSTRY CO., LTD, and Venator, among others.
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RationalStat has segmented the titanium dioxide market based on grade, application, and region

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Key Questions Answered in the Titanium Dioxide Report:
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Research Methodology
RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts’ viewpoints to create a research methodology for market sizing and forecasting.
RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:
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About RationalStat LLC                    
RationalStat is an end-to-end Mexico market intelligence and consulting company that provides comprehensive market research reports, customized strategy, and consulting studies. The company has sales offices in India, Mexico, and the US to support Mexico and diversified businesses. The company has over 80 consultants and industry experts, developing more than 850 market research and industry reports for its report store annually.
RationalStat has strategic partnerships with leading data analytics and consumer research companies to cater to the client’s needs. Additional services offered by the company include consumer research, country reports, risk reports, valuations and advisory, financial research, due diligence, procurement and supply chain research, data analytics, and analytical dashboards.
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