Year-on-Year Variations (YoY %):
- 2024 to 2025: 3.05%
- 2025 to 2026: 2.90%
- 2026 to 2027: 2.76%
- 2027 to 2028: 2.64%
Compound Annual Growth Rate (CAGR) from 2024 to 2028: 2.83%
The forecasted data indicates a steady increase in the import of pigments and preparations based on titanium dioxide to Malaysia, with a CAGR of 2.83% over the next five years. This consistent growth suggests a stable demand likely driven by industrial uses in coatings, plastics, and various manufacturing processes. Future trends to watch for include the development of new applications for titanium dioxide, environmental regulations affecting production and import, and potential advancements in alternative pigments.
