In 2024, titanium dioxide consumption in the US plastics and rubber industry is forecasted at 16.8, down from 17.2 in 2023. A consistent downward trend is observed, with values declining to 15.1 by 2028. The year-on-year decreases are 2.4% to 2.5%, signifying a steady reduction. The five-year compound annual growth rate (CAGR) reveals an average annual decline of approximately 3.2%.

Future Trends to Watch For:

Advancements in alternative materials and sustainable practices reducing titanium dioxide demand.
Regulatory changes impacting the use of titanium dioxide in manufacturing.
Technological innovations in recycling processes within the plastics and rubber industries.