Global Titanium Dioxide Market trends such as such as drivers, restraints and opportunities. Porter’s Five Forces analysis, PESTEL analysis, and value chain analysis are the analytical tools utilized in the published study in order to gain a better understanding of the global market. The increase in the industry of building and infrastructure has boosted the growth of Titanium Dioxide Market globally. Growing demand for lightweight vehicles is expected to play an important role in rise of global market.
Titanium dioxide is the white solid inorganic substance occurring naturally in various kinds of mineral sands and rock. Titanium dioxide is having the property of light scattering and mostly utilized in the applications requiring brightness and white opacity. Titanium dioxide is utilized in a huge range of industrial applications like coated fabrics, rubber, plastics, printing inks, rubber, coatings, paints and more.
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Titanium Dioxide Market: Key Players
Henan Billions Chemicals Co., The Chemours Company, Huntsman International LLC, NL Industries, Inc., Tronox Limited and others.
The 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. Using the titanium dioxide in the cosmetic industry is the positive indicator for the global titanium dioxide market growth because of the application in makeup and skincare products. Titanium dioxide is mostly used as the pigment and thickener for creams and in the sunscreen products because of its UV absorption and transparent characteristics.
The current trend of utilizing titanium dioxide as the nanomaterial showing the encouraging impact on the total growth of the global titanium dioxide market. Titanium dioxide as nanomaterial displays UV shielding effect and is extensively used in ceramics, cosmetics, indoor air quality control, sanitary & cleaning and exterior & construction protection industry. It is used for decomposing the environmental pollutants by photocatalysis. For example, titanium dioxide is using DeNOx as the catalyst maintenance in the exhaust systems of automobiles, therefore lessening the environmental impact.
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Asia Pacific region controlled the titanium dioxide market globally by inhabiting the mainstream of the market share because of the quick demand in the industrial sectors of India and China. China is the fastest and biggest growing market for the major producers in the global titanium dioxide market. Therefore, growth in the usage of lightweight materials for fuel efficiency and developed safety is projected to show a positive effect on the industry in the coming years.
The recent trend of using titanium dioxide as a nanomaterial has a positive impact on the overall growth of Titanium Dioxide Market. Titanium dioxide as a nanomaterial exhibits UV shielding effect and is widely used in cosmetics, ceramics, cleaning and sanitary, indoor air quality control and construction & exterior protection industry.
Who should buy this report?
• The report on the global titanium dioxide market is suitable for all the players across the value chain including industries such as paints & coatings, consumer goods, architecture, automotive, general industries, and furniture
• Venture capitalists and investors looking for more information on the future outlook of the global titanium dioxide market
• Consultants, analysts, researcher, and academicians looking for insights shaping the global titanium dioxide market
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