Global Titanium Dioxide Market Information-by Application (Paints, Coatings Plastics, Photo-electrode, Pigment, Paper), by End User (Food & Beverages, Construction Industry) and by Region - Forecast till 2023
Pune, Maharashtra -- (SBWIRE) -- 05/11/2017 -- Synopsis of Titanium Dioxide Market
The Global Titanium Dioxide is expected to witness a significant growth of USD ~ 44.954 billion by 2023 with CAGR of ~14.28% between 2016 and 2023
Titanium dioxide one of the whitest material on the earth is a naturally occurring oxide of titanium in three forms anatase, rutile and brookite. It has the highest refractive index of all material till found by man including the diamond. Titanium dioxide are used in paints, coatings, plastics, paper, cosmetics, pharmaceuticals, foods and various other applications.
However, Titanium dioxide does not formed in a usable condition in nature. It must be cautiously mined in one of its pure forms, such as rutile, anatase beach sand, and refined into a fine even element size. Increasing in demands of automobile, construction industry and applications of pigments in various industries is likely to drive the global titanium dioxide market growth. On the other hand Environmental regulations such as carcinogenic properties and volatile prices of raw materials are the key factors which can restrain the global titanium dioxide market growth in forecasted period.
The global titanium dioxide market is majorly segmented on the basis of application, end users and region.
-Based on Application of titanium dioxide the market is segmented into paints, coatings, plastics, photo-electrode, pigment, paper, cosmetics, food additives
-Based on End User the market segmented into automotive, personal care, pharmaceutical, food & beverages, construction industry
-Based on Region market is segmented into North America, Europe, APAC, Latin America, Middle East & Africa
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Study Objectives of Titanium Dioxide Market:
-To provide detailed analysis of the market structure along with forecast for the next 7 years of the various segments and sub-segments of the Global Titanium Dioxide Market
-To understand the supply and demand dynamics including supply and consumption concentration mapping
-To provide region level market analysis and future outlook for North America, Europe, Asia, and Rest of the World (ROW) and their countries
-To provide competitor positioning of the market
-To provide company profiling of major players in the market along with their production and capacity
-To provide regional trade analysis
-To evaluate historical market trends, patents and technologies, and current government regulatory requirements that are relevant to the market
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Key players of the global titanium dioxide market are DuPont (US), Tronox Limited (US), CRISTAL (Saudi Arabia), The Chemours Company Chemours (US), NL Industries, Inc (US), Shandong Doguide Group Co., Ltd (China), Argex Titanium Inc. (North America), Huntsman International LLC. (US), Evonik Industries (Germany), Tayca Corporation (Japan)
-Titanium Dioxide manufacturers
-Traders and distributors of Titanium Dioxide
-Production Process industries
-Raw material suppliers
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Asia Pacific is the largest market of titanium dioxide due to demand in various applications such as paints, plastics, photo-electrode, pigment, paper, in China region followed by Japan. Asia Pacific is largest consumer of the global titanium dioxide market followed by increasing in the consumption of titanium dioxide market in Europe region. The third largest market of titanium dioxide is North America. Latin America and Middle East also witnessed in growth of titanium dioxide market due to various application such as additives, pigment, paper, cosmetics, and others.
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