Press release
Titanium Dioxide (TiO2) Market To Cross USD 20.36 billion by 2026 Expanding At CAGR Of 4.2% | Industry Top Players: Tayca, Huntsman, Kronos, Evonik
Titanium Dioxide (TiO2) Market
The global Titanium Dioxide Market is expected to reach USD 20.36 billion by 2026, according to a new report by Reports and Data. Owing to its bright whiteness, protective properties and UV absorbing nature, the product is largely used in the cosmetics industry. TiO2 is used as a coloring agent as well as for protection against UV rays. As a UV protection agent, the product is one of the key revenue generating application.
Increasing adoption of the product in the plastic industry is also a key factor stimulating industrial demand. The major areas where the product finds application includes packaging, construction including thermal cladding, rainwater and drainage, window profiles, heat reflective panels and water tanks. Titanium dioxide is used to brighten colors, increase the color strength and to opacify the otherwise transparent polymer materials.
Europe is expected to be a key revenue generating region in the forecast period. The region is projected to grow at a CAGR of 3.8% in the forecast period. It accounts for approximately one fourth of the global titanium dioxide industry. European market utilizes its domestic TiO2 market to satisfy 75% of its consumption demand while rest of the TiO2 is imported from China, U.S. and other countries. The region is a hub for various TiO2 applications such as automobile industry, and cosmetic industry, which explains its high consumption. Germany holds the key position in the European market.
In market segmentation by manufacturers, the Titanium Dioxide (TiO2) report covers the following
Tayca Corporation, Huntsman Corporation, The Chemours Company, Tronox Limited, Kronos Worldwide Inc., Evonik Industries AG, Cristal Global and Lomon Billions Group, among others
Premium sample copy of Titanium Dioxide (TiO2) market report available on demand@ https://www.reportsanddata.com/sample-enquiry-form/1157
Titanium Dioxide (TiO2) Market split by Grade, can be divided into:
• Rutile
• Anatase
Titanium Dioxide (TiO2) Market split by Process, can be divided into:
• Chloride Process
• Sulfate Process
Titanium Dioxide (TiO2) Market split by End-users Outlook, can be divided into:
• Automotive
• Personal Care
• Pharmaceuticals
• Food & Beverage
• Construction
• Others
Cosmetics Form Outlook (Volume, Kilo Tons; 2018-2026 and Revenue, USD Million; 2018-2026):
• Liquid Form
• Powder Form
• Other
Cosmetics Product Outlook (Volume, Kilo Tons; 2018-2026 and Revenue, USD Million; 2018-2026):
• Sunscreen
• Pressed Powder
• Moisturizer
• Eye Cosmetics
• Nail Enamel
• Others
Cosmetics Application Outlook (Volume, Kilo Tons; 2018-2026 and Revenue, USD Million; 2018-2026):
• UV Protection
• Coloring Agent
• Mineral Makeup
• Others
Titanium Dioxide (TiO2) Market split by Application, can be divided into:
• Paints and Coatings
• Plastics
• Pulp & paper
• Cosmetics
• Others
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Further key findings from the report suggest:
• Automotive Industry is projected to be among one of the fastest growing application of the Titanium Dioxide. Stringent automobile emission control norms worldwide and concerns regarding fuel efficiency have compelled manufacturers to take measures for reducing vehicle weight considerably, thereby propelling demand for lightweight vehicles. TiO2 is used for coating polycarbonate structures that are further utilized in the auto manufacturing process.
• The European market is forecasted to grow at a CAGR of 3.8% in the coming years. Germany dominates the European titanium dioxide production market accounting for over 30 percent of the total European production.
• Key participants include Tayca Corporation, Huntsman Corporation, The Chemours Company, Tronox Limited, Kronos Worldwide Inc., Evonik Industries AG, Cristal Global and Lomon Billions Group. Kronos Worldwide, Inc. is a US based company which produces and markets titanium dioxide pigments (TiO2) in Europe, North America, the Asia Pacific, and internationally. The Company's production is used to provide opacity, durability, tinting strength and brightness in industrial coatings, as well as coatings for commercial and residential interiors and exteriors, automobiles, aircraft, machines, appliances, traffic paint, and other particular purpose coatings.
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:
• United States
• Europe
• China
• Japan
• Southeast Asia
• India
We can also provide the customized separate regional or country-level reports, for the following regions:
North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa
In this study, the years considered to estimate the market size of Titanium Dioxide (TiO2) are as follows:
History Year:2017
Base Year: 2018
Forecast Year 2019 to 2026
The Titanium Dioxide (TiO2) further aims at providing insight into:
• The major industry terms and forecasts the Titanium Dioxide (TiO2), in terms of growth rate, value as well as segmentation on the basis of technology advancements, application share, and geography.
• The market size across major regions including North America, Asia Pacific, Europe, as well as Rest of the World.
• The micro markets with regards to company growth, prospects, as well as a contribution to the Titanium Dioxide (TiO2) industry.
• Data regarding the major drivers, restraining factors, challenges and opportunities affecting the growth rate of the industry.
• Information about growing investment pockets and competitive landscape for prominent players in the industry.
• The value chain pertaining to the Titanium Dioxide (TiO2) market.
The report provides answers to the questions below:
• `What will be the status of competitive development including expansion, product and service launches and other developments?
• How much funds are major companies rolling out for their research and development activities in the Titanium Dioxide (TiO2) space?
• Based on the end user, which category of the Titanium Dioxide (TiO2) is projected to grow rapidly at the highest CAGR from 2019 to 2026?
• Among product and service types, which segment will lead the Titanium Dioxide (TiO2) industry during the forecast period?
• Which region is expected to make more sales from 2019 to 2026?
Key Points From TOC:
Chapter 1. Market Synopsis
Chapter 2. Executive Summary
Chapter 3. Indicative Metrics
Chapter 4. Titanium Dioxide (TiO2) Market Segmentation & Impact Analysis
Chapter 5. Titanium Dioxide (TiO2) Market By Type of Service Insights & Trends
Chapter 6. Titanium Dioxide (TiO2) Market By Industry Verticals Insights & Trends
Chapter 7. Titanium Dioxide (TiO2) Market By Size of Organization Insights & Trends
Chapter 8. Titanium Dioxide (TiO2) Market Regional Outlook
Chapter 9. Competitive Landscape
Chapter 10. Company Profiles
Browse complete Titanium Dioxide (TiO2) report description And Full TOC@ https://www.reportsanddata.com/report-detail/titanium-dioxide-tio2-market
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