Titanium dioxide is available in the form of white powder that provides a bright, white pigment. The main source of titanium dioxide is rutile, anatase, ilmenite and others. Titanium dioxide is used in a various industrial and consumer products, such as paints, coatings, adhesives, paper, plastics and rubber, printing inks, coated fabrics and textiles, as well as ceramics, floor coverings, roofing materials, cosmetics, toothpaste, soap, water treatment agents, pharmaceuticals, food colorants, automotive products, sunscreen and catalysts. It is characterized by strong tinting strength and resistance against UV- rays, heat, light and weather change. Titanium dioxide works as a UV filtering ingredient in sunscreen and helps to protect a person's skin by blocking absorption of the sun's ultraviolet light that can cause sunburn.
MARKET DYNAMICS
The global titanium dioxide market is growing at a significant pace owing to driving factors such as increasing demand from the paint & coating applications in automobile, building & construction, etc. It acts as a whitener which scatters visible light resulting in opaque color and creates reflective, bright quality when applied to a surface. Moreover, rising demand for lightweight vehicles in the automobile industry coupled with growth in construction industry further boost the demand for titanium dioxide globally. However, volatile raw material prices are the major factor restraining the growth of the titanium dioxide market. Likewise, high focus on research & development and introduction of nanoparticles of titanium dioxide will provide an opportunity for the market players.
MARKET SCOPE
The "Global Titanium Dioxide Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the titanium dioxide market with detailed market segmentation by grade, process, application and geography. The global titanium dioxide market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading titanium dioxide market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global titanium dioxide market is segmented on the basis of grade and application. On the basis of grade, the titanium dioxide market is segmented into, rutile and anatase. By process, the global market is bifurcated into, the chloride process and the sulfate process. Based on application, the global titanium dioxide market is segmented into, paints & coatings, plastics, paper & pulp, cosmetics, ink and, others.
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REGIONAL FRAMEWORKThe report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global titanium dioxide market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The titanium dioxide market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the titanium dioxide market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors affecting the titanium dioxide market in these regions.
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MARKET PLAYERSThe reports cover key developments in the titanium dioxide market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from titanium dioxide market are anticipated to lucrative growth opportunities in the future with the rising demand for titanium dioxide in the global market. Below mentioned is the list of few companies engaged in the titanium dioxide market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the titanium dioxide market. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last 3 years, the key development in the past five years.
-CRISTAL
-Evonik Industries AG
-Grupa Azoty
-Huntsman International LLC
-ISHIHARA SANGYO KAISHA, LTD.
-KRONOS Worldwide, Inc.
-Lomon Billions
-Tayca Corporation
-The Chemours Company
-Tronox Holdings plc
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