Global Titanium Dioxide Market to Be Valued at Hit USD 30 Bn by 2025 :Trends, Industry Analysis, Leading Players & Future Forecast
Global titanium dioxide market gives a holistic view encompassing production, consumption, import and export for key regions and countries. The increasing demand for industrial and architectural paints & coatings in emerging countries of Asia-Pacific region, such as India and China, have offered sound opportunities for titanium dioxide in the coatings industry, which will propel the growth of titanium dioxide market over the forecast period.
Dallas, TX -- (SBWire) -- 01/20/2020 --Heavy Investments in Functionally Advanced Paints and Coatings to Perch Growth in Global Titanium Dioxide Market
End use applications such as across cosmetics, paints, paper and plastics are anticipated to emphatically influence growth in global titanium dioxide market. Technological innovations leading to surged throughput with improved functional attributes as well as consumer understanding on the efficacy of high end products are anticipated to collectively leverage heavy returns in global titanium dioxide market.
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This detailed research overview on global titanium dioxide market is a systematic analysis of market definition, dynamics such as drivers, restraints, challenges, and threats that optimally shape growth outline in global titanium dioxide market. The report also includes a thorough evaluation of growth deterrents as well as barriers that have a bearing on onward growth roadmap. The report primarily aims to equip report readers with workable insights and cues on market progression as well as notable trends and ongoing market developments that accelerate growth.
Global titanium dioxide market size is projected to reach USD 29.86 billion by 2025 owing to the rapid demand growth of titanium dioxide pigment, which is used in paints, coatings, plastics and other industrial applications. The increase in per capita consumption of titanium dioxide pigments in emerging economies such as China, India and Brazil has propelled the growth of global titanium dioxide market.
Titanium dioxide is available in two forms, pigment and nanoparticle. The pigment form is has excellent light-scattering properties in applications which require brightness and white opacity. While, titanium dioxide nanoparticle appears transparent, but provides UV light absorption. The pigment form comprises 98% of the total production and is used widely for lightweight vehicle manufacturing in automobile industry. Growing demand for lightweight vehicles is expected to play an important role in rise of global titanium dioxide market.
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Additionally, in its subsequent sections, the report intrinsically focusses on market segmentation as well as growth opportunities based on which report readers in global titanium dioxide market can rightly deliver winning business models that facilitate growth in global titanium dioxide market. By segmentation, product type, applications, and manufacturing process remain dominant segments that classifies the market into chloride and sulphate manufacturing processes.
By product the market is diversified into anatase and rutile. Based on applications, global titanium dioxide market is clustered into paints, plastics, paper, inks, and specialties amongst others. Further, a section on geographical expansion is also included in the report based on which global titanium dioxide market is segregated into Europe, North, Central, and South America, besides MEA and APAC as dominant regional belts.
A thorough run down on competitive landscape is also enlisted in the report besides vital cues on profit oriented business strategies and business tactics that influence onward growth spurt in global titanium dioxide market. Readers can identify frontline players and their winning business strategies to leverage profit oriented business deals and stable revenue generation in global titanium dioxide market.
Global titanium dioxide market is fragmented with large number of players operating in the global and country level. Some of the major key players include Henan Billions Chemicals Co., The Chemours Company, Huntsman International LLC, NL Industries, Inc., Tronox Limited and others. These companies have established their presence in the market owing to continuous R&D activities and their various strategic initiatives.
Key segments of the global titanium dioxide market
Manufacturing process Overview:
- Chloride
- Sulphate
Product Overview:
- Rutile
- Anatase
Applications Overview:
- Paints & coatings
- Plastics
- Paper
- Inks
- Specialities
- Others
Regional Overview:
- North America
- Europe
- Asia Pacific
- Central & south America
- Middle-East & Africa
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