Titanium Dioxide Market accounted for USD 10.53 billion in 2016 and is projected to grow at a CAGR of 6.0% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Global Titanium Dioxide Market Research Report mainly introduces market demands and the present position of the Titanium Dioxide industry. It discovers Titanium Dioxide industry’s significant stich along with forecasts for revenues, market size, and volume.
Titanium dioxide is a white crystalline powder that is made up of ilmenite and rutile as main raw materials. Moreover, titanium dioxide is created from either chloride process or sulfuric acid referred to as the sulfate process. Other compounds that may be organic and inorganic in nature can even be added with titanium dioxide to impart completely different tints. There is a growing demand for titanium dioxide in paints & coatings, pulp & paper, plastics, cosmetics and ink activity, which is expected to be one of the major drivers of the market over the next seven years.
Major Market Drivers:
- Demand for lightweight vehicles
- Increase in per capita consumption of pigments
- Growth in construction sector
- Stringent environmental regulations
- Volatile raw material prices
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The report firstly introduced the Titanium Dioxide basics: definitions, classifications, applications, and market overview; product specifications; manufacturing processes; cost structures, raw materials and so on. Then it analyzed the worlds main region market conditions, including the product price, profit, capacity, production, supply, demand, and market growth rate and forecast etc. In the end, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis.
Competitive Landscape: Global Titanium Dioxide Market
Titanium dioxide market is fragmented with the presence of a large number of players across different regions. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Major Market Competitors: Global Titanium Dioxide Market
Some of the major players in titanium dioxide market include
- Tayca Corporation
- Huntsman Corporation
- The Chemours Company
- Tronox Limited
- Kronos Worldwide Inc
- Evonik Industries AG
- Cinkarna Celje D.D. (CICJ.LJ)
- Lomon Billions
- Ishihara Sangyo Kaisha Ltd
- Grupa Azoty
- Precheza as
- Argex Titanium Inc
- Apollo Colors Inc and many more.
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Market Segmentation:Global Titanium Dioxide Market
The titanium dioxide market is segmented on the basis of grade into rutile and anatase.
On the basis of application, the market is segmented into paints & coatings, pulp & paper, plastics, cosmetics, ink and others.
On the basis of geography, the titanium dioxide market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
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