Press release
Global Titanium Dioxide Market Competitive Analysis and theirs strategies till 2024 - top manufacturers are are Tayca Corporation, Huntsman Corporation, The Chemours Company, Tronox, Cristal, Grupa Azoty S.A., Precheza a. s., and others
Global Titanium Dioxide Market
The Global 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.
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Well known players of Global Titanium Dioxide Market are Tayca Corporation, Huntsman Corporation, The Chemours Company, Tronox, Cristal, Grupa Azoty S.A., Precheza a. s., Argex Titanium Inc., Kronos Worldwide Inc, Evonik, Cinkarna Celje d.d., Lomon Billions Group, Ishihara Sangyo Kaisha Ltd,, Apollo Colors Inc, Apollo Colours North America and others.
Market Segmentation
On the basis of application, the market is segmented into
• paints & coatings,
• pulp & paper,
• plastics,
• cosmetics,
• ink and others
On the basis of geography,
• 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.
The titanium dioxide market is segmented on the basis of grade into
• rutile and
• anatase
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Market Drivers and Restraints
• Demand for lightweight vehicles
• Increase in per capita consumption of pigments
• Growth in construction sector
Market Restraint:
• Stringent environmental regulations
• Volatile raw material prices
Competitive Landscape
The global 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.
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