Market Regional Analysis
Asia Pacific is projected to account for the largest market share in the global rutile market during the forecast period. This is owing to high GDP growth and increasing industrialization in emerging economies such as China and India. Growing automobile in the region is expected to increase the demand for titanium and hence drive the market growth. Furthermore, North America is also projected to witness significant market growth followed by Europe. However, demand for rutile will be moderate in these regions, owing to saturation in end user industries.
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