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Nano Titanium Dioxide Market Study on Key players and Their Strategies to Analyzed the Competitive Outlook of Global Industry

01-10-2019 10:11 AM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

Nano Titanium Dioxide Market

Nano Titanium Dioxide Market

The Nano Titanium Dioxide Market is expected to earn $ 16,682 million by 2022, with an average annual growth rate of 20.7% over 2016-2222. The consumption of nanotitanium dioxide during the study period is the largest in cosmetic applications. Asia Pacific is expected to continue to be a leading consumer in the global market by 2022.

Nano-sized titanium dioxide is about 100 times finer than titanium dioxide (TiO2) pigment and is commonly applied to high-factor sun protection creams, textile fibers or wood preservatives, paints and coatings and plastics. Driven by demand for passive protective coatings, personal hygiene products and sunscreen UV filter penetration and environmental sustainability, the market leader in the titanium nanocarbon dioxide market. However, toxicity at high concentrations is expected to hamper market growth with increased penetration of zinc oxide.

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Major players in the industry invest significantly in research & development to launch new commercial applications at low cost. Strategic collaborations & business expansion are the other major strategies adopted by some of the industry players.

The major companies profiled in the report include

• BASF SE
• Cabot Corporation
• CINKARNA Celje d.d.
• Cristal
• Croda International Plc
• E. I. Du Pont De Nemours and Company
• Evonik Industries AG
• Huntsman International LLC
• Nano-Oxides Inc.
• NanoScale Corporation
• Tayca Corporation.

In 2015, cosmetics was the largest application segment, in terms of revenue and volume, with more than one-third share followed by paints & coatings, pigments, plastics, energy, and others. Furthermore, in cosmetic application nano titanium dioxide is used as UV blocker in various sunscreen applications.

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Key Findings of the Nano Titanium Dioxide Market
• Pigment segment is expected to witness highest CAGR of 21.9% during the forecast period.
• Paints & coatings along with cosmetic segment together account for more than two-third market share.
• Asia-Pacific is anticipated to lead the market, growing at a CAGR of 21.3%, in value terms, from 2016 to 2022.
• China, Germany, and U.S. led the global nano titanium dioxide market in 2015.

In 2015, Europe and Asia-Pacific collectively accounted for nearly two-thirds of the worldwide demand for nano titanium dioxide and are expected to maintain their lead position throughout the forecast period. However, Asia-Pacific is projected to be the fastest growing region, with a CAGR of 21.3%, in value terms, followed by LAMEA, North America, and Europe.

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About Us:

Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

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