Opacifiers Market Grow By Leading Industry Players DowDuPont, Arkema, Ashland Global Holdings Inc., Tayca Corporation, Chemours Company, Tronox Limited, Venator
ReportsnReports always aims at offering their clients an in-depth analysis and the best research material of the various market. This new report on the global Opacifiers Market is committed fulfilling the requirements of the clients by giving them thorough insights into the market. An exclusive data offered in this report is collected by research and industry experts team.
The Opacifiers Market size is estimated to be US$ 15.2 Billion in 2018 and is projected to reach US$ 20.6 Billion by 2023, at a CAGR of 6.2% between 2018 and 2023.The primary market drivers are the growth of end-use industries such as personal care, ceramics, and paints & coatings. Stringent environmental regulations against certain oxides are considered as a threat to the market.
Top Key Players in the “Opacifiers Market”include are
• DowDuPont (US)
• Arkema (France)
• Ashland Global Holdings Inc. (US)
• Tayca Corporation (Japan)
• Chemours Company (US)
• Tronox Limited (US)
• Kronos Worldwide Inc. (US)
• Cristal (Kuwait)
• Alkane Resources Ltd (US)
• En-tech Polymer Co. Ltd. (South Korea)
• Venator (UK)
Access Complete report on Opacifiers Market spread across 89 Pages, profiling 12 companies and supported with tables and figures. Buy Research at https://www.reportsnreports.com/purchase.aspx?name=1819263 .
A major driver of the opaque polymers market is the increasing prices of titanium dioxide. Out of total titanium dioxide used in the paints & coatings application, up to 10% to 20% is being replaced with opaque polymers to reduce the manufacturing cost of decorative paints and personal care products. The increasing use of these polymers in the decorative paint's application in the construction industry is another major driver of the opaque polymers segment. APAC is a key market of opaque polymers and is expected to witness significant growth during the forecast period.
APAC is the fastest-growing opacifiers market. The rapid industrialization coupled with the growing plastics industry drive the market in the region. The rising disposable income of consumers along with the changing lifestyle plays a significant role in boosting the growth of the opacifiers market. APAC consists of approximately 60.0% of the global population, which is expected to increase the demand for paints & coatings, detergents, and personal care products.
The Study Objectives of this report are:
• To strategically analyze the segmented markets with respect to individual growth trends, prospects, and contribution to the overall market
• To forecast the size of the market segments for regions such as APAC, North America, Europe, South America, and the Middle East & Africa
• To analyze competitive developments such as expansions, new product launches, mergers & acquisitions in the opacifiers industry
• To strategically profile key players and comprehensively analyze their core competencies
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Reason to buy this report:
Opacifiers Market research report is focused on various levels of analysis—industry analysis (industry trends), market ranking analysis of top players, and company profiles, which together provide anoverall view on the competitive landscape; emerging and high-growth segments of the opacifiers market; high-growth regions; and market drivers, restraints, opportunities, and challenges.
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