New York, NY -- (SBWIRE) -- 05/07/2019 -- Market Industry Reports (MIR) has published a new report titled "Titanium Dioxide Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030." According to the report, the global titanium dioxide market was valued at over US$ 14.0 Bn in 2018 and is anticipated to grow at a healthy CAGR during the forecast period of 2019-2030.

Rising demand from various end use industries such as automotive, construction, plastics, and cosmetics and growing demand for lightweight vehicles are some of the pivotal factors augmenting the market growth

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Titanium dioxide also known as titania or titanium oxide. It is a naturally occurring oxide obtained from rutile, anatase and ilmenite. Titanium dioxide owing to its high stability, anti-corrosive properties and high refractive index is used in broad range of applications. It finds its application in printing inks, packaging, rubber, construction, chemical fibers and water tanks among others. It is extensively use in paints and coatings application. Rising demand from automotive, construction and cosmetics industries is the major factor driving the growth of the market across the globe. However, due to its high prices and carcinogenic properties the market is highly regulated, which in turn, hampers the market growth to certain extent. Increasing usage of titanium dioxide as a material in solar photovoltaic (PV) is providing new avenues to the manufacturers operating in this market. Increasing application horizon of titanium dioxide is also expected to trigger the market growth in the coming years.

Asia Pacific region stands out as the clear market leader in terms of value and volume and is expected to maintain its leadership position in the coming years. Increasing construction activities along with growing investments in the infrastructure development sector are some of the key factors driving the market of titanium dioxide in the Asia Pacific region. Moreover, growing automotive production is another factor spurring the market growth. India and China are the major countries driving the market growth. North America and European regions are projected to witness substantial growth over the forecast period. North America market is witnessing growth owing to increasing infrastructural activities in US. Moreover, growing demand for PV installations is another factor supporting the market growth in this region. The European market is projected to witness growth owing to growing automotive sector in Germany and France. Rising demand from cosmetic industry is another factor boosting the growth of titanium dioxide in the European market.

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From application perspective, paints and coatings segment accounted for the major share of titanium dioxide market in 2018. This segment is anticipated to maintain its dominance over the forecast period as well. Titanium Dioxide is widely used as a white pigment in paints and coatings application. Rising demand for paints and coatings from automotive and construction end use industry is projected to have a positive impact on the titanium dioxide market. However, cosmetic segment is projected to witness the highest CAGR over the forecast period. Rising affluence and increasing awareness regarding self-grooming are one of the key factors driving the market for cosmetics. With growing demand of cosmetics, the demand for titanium dioxide is expected to grow concomitantly.

Table of Contents

- INTRODUCTION

- - Market Definition
- - Market Ecosystem

- - - Market Classification
- - - Geographic Scope
- - - Years Considered for the Study
- - - - Historical Years – 2016 & 2017
- - - - Base Year – 2018
- - - - Forecasted Years – 2019 to 2030

- - Currency Used for the Study

- RESEARCH METHODOLOGY

- - Research Framework
- - Data Collection Technique

- - Data Sources
- - - Secondary Sources
- - - Primary Sources

- - Market Estimation Methodology
- - - Bottoms Up Approach
- - - Top Down Approach

- - Data Validation and Triangulation
- - - Market Forecasting Model
- - - Assumptions/Limitations of the Study

- ABSTRACT OF THE STUDY

- MARKET DYNAMICS ASSESMENT
- - Overview
- - Drivers
- - Barriers/Challenges
- - Opportunities

- UNIQUE SELLING PROPOSITIONS (USPs)
- - Raw Material Assessment
- - Pricing Assessment
- - Manufacturing Trend

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