The Croatian market for pigments and preparations based on titanium dioxide, exceeding 80% titanium dioxide content by weight, reached approximately 10.839 million Euros in 2023. The market has demonstrated consistent growth with a compound annual growth rate (CAGR) of 3.3% over the last five years. Significant growth was observed between 2015 and 2020, followed by moderate increases, with a notable 3.96% annual increase in 2023.

Future trends to watch in this market include:

Advancements in titanium dioxide production technologies contributing to cost efficiency.
Environmental regulations could impact production and lead to innovations in eco-friendly alternatives.
Potential growth in demand from end-use industries such as paints, coatings, and plastics.