openPR Logo
Press release

Titanium Dioxide Market Growth of USD 44.954 Billion by 2023 | DuPont, Tronox Limited, CRISTAL, The Chemours Company Chemours, NL Industries, Inc and etc

03-28-2019 08:02 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Titanium Dioxide Market

Titanium Dioxide Market

Titanium Dioxide Market Introduction:
Titanium Dioxide Market is expected to witness a significant growth of USD 44.954 Billion by 2023 with CAGR of 14.28% between by 2023.

Titanium Dioxide Market is driven by increasing demand for lightweight vehicles, growing global plastic production, surging demand for paints & coatings in construction and other industries. Among these factors increasing demand of lightweight vehicles is expected to have high impact on the global titanium oxide market demand. Owing to stringent regulations on fuel efficiency by governments and regulatory agencies across the globe, manufacturers are focusing on using lightweight materials in the automobile production.

For instance, instead of using metals manufacturers are inclined to use PVC plastics. PVC materials are usually coated with titanium dioxide, to enhance the wear resistance, scratch resistance, and other mechanical properties. As the fuel efficiency standards are getting stringent, expected growing demand for lightweight vehicles will drive the global titanium dioxide market.

Get Free Sample PDF Illustration @ https://www.marketresearchfuture.com/sample_request/1081

Titanium Dioxide Market Key Players:
Titanium Dioxide Market mainly include: DuPont (US), Tronox Limited (US), CRISTAL (Saudi Arabia), The Chemours Company Chemours (US), NL Industries, Inc (US), and Shandong Doguide Group Co., Ltd (China). Other prominent players of TiO2 market include Argex Titanium Inc. (North America), Huntsman International LLC. (US), Evonik Industries (Germany), Tayca Corporation (Japan), and Others.

Titanium Dioxide Market Segment Analysis:
Titanium Dioxide Market has been segmented into application and end use industries. On the basis of application, the market has been divided into paints, coatings, plastics, photo-electrode, pigment, paper, cosmetics, food additives, and others. Among these applications paints and coatings have cover the largest market followed by plastics, photo-electrode, pigment, paper, cosmetics, food additives, and others.

Titanium Dioxide is the most important white pigment which is used primarily in the coatings industry. It is widely used because it efficiently scatters visible light, thereby imparting whiteness, brightness and opacity when applying into a coating industry. Titanium dioxide used in various type of coating industry such as architectural coating, packaging coating, transportation coating, industrial coating, and others. Above all architectural coating capture the largest titanium dioxide market share followed by industrial coating and packaging coatings.

Industry/ Innovation/ Related News:
Feb 2017: Tronox, a global chemical manufacturer entered into an agreement to acquire TiO2 business of Cristal. The latter is a subsidiary of Tasnee (Saudi Arabia). The resultant company is estimated to be the most diversified and integrated producer of titanium oxide, with total production capacity of 1.3 million metric tonnes. This will provide titanium dioxide end-users, a diversified platform for titanium dioxide products.

Feb 2017: Cathay Industries Australia, an Australian manufacturer of iron oxide pigment and Chemours, a global titanium dioxide manufacturer entered a distribution agreement. Former has agreed to distribute the titanium oxide pigments in the Australia, New Zealand, and pacific Islands. By this move, Chemours aiming to strengthen its global presence in order to remain competitive in the global titanium dioxide market.

Oct 2014: Huntsman Corp., a global leading supplier of oxide pigments acquired Rockwood Holding Inc’s Performance additives and titanium dioxide business. The company, beater its position in the global titanium dioxide market and broaden its portfolio. Through the acquisition of titanium dioxide, company strengthen its business in specialty chemical market.

Titanium Dioxide Market Synopsis & Scenario:
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. One method of reducing vehicle weight is incorporating polycarbonates as replacement for part of the steel structures used in auto manufacturing. However, polycarbonates suffer from some drawbacks, such as low scratch resistance, which brings titanium dioxide into play.

This material is used for coating polycarbonate structures that are further utilized in the auto manufacturing process. Using polycarbonates enables in reducing the weight of a vehicle and consequently enhancing fuel efficiency. Other applications of titanium dioxide in plastics include improving colour, strength and opacity.

Titanium Dioxide Market Application:
Titanium Dioxide Market growth is hampered by stringent regulations on the emissions. The process used for the titanium dioxide production also produces solid waste and hazardous emissions. As there is stringent regulatory framework in place in developed regions, the global titanium dioxide production is anticipated to be hampered.

Titanium Dioxide is prominently used in end-use industries namely, paints & coatings, plastics, varnishes, and paper. Among these paints & coatings is the leading end-use industry, accounting for around 50% of the overall consumption of titanium dioxide. Titanium dioxide is an essential ingredient in paint & coatings, as it enhances opaqueness of paints. Growing paints & coatings market, due to increasing construction activities in Asia-Pacific and other developing regions. Moreover, global plastic production is increasing, due to increasing penetration in various applications namely, consumer goods, automotive, electronics, construction. Titanium dioxide demand is geared with the global plastic production.

For Enquiry Related Report Click @ https://www.marketresearchfuture.com/check-discount/1081

Titanium Dioxide Market Regional Analysis:
Asia Pacific Titanium Dioxide Market is largest market owing to robust industry growth of application industry in China, Japan and India. Asia Pacific titanium dioxide market size is likely to witness highest gains over the forecast period. Positive stance on end-use industries such as automotive and construction industry, and others in countries like China & India is predicting to drive demand.

Europe holds the second position in global titanium dioxide market due global volume share and will witness growth because of rising need for cosmetic products in Germany, Italy, France and UK. Urbanization, higher spending power and growing awareness regarding appearance and grooming are expected to propel cosmetic industry in the region thereby driving the industry over the forecast period. North American hold third position in global titanium dioxide market the consumption has decreased remarkably during the last years, due to the decrease application of coatings consumption. Paint and coatings remains the largest outlet, accounting for highest share of consumption.

Titanium Dioxide Market Competitive Analysis:
Major pigments & specialty pigments manufacturers are engaged in manufacturing and supplying titanium dioxide to various end use industries. The leading companies are competing to increase their footprint in the global titanium dioxide market. Manufacturers are majorly focusing on broadening their specialty pigment portfolio through extending the titanium dioxide product offerings. Moreover, major manufacturers are focusing on increasing the overall market share through acquisition of regional titanium businesses. For instance, Huntsman Corp, in 2014 acquired titanium dioxide business of Rockwood Holdings Inc. in order to acquire leading position.

Titanium Dioxide Market Table of Content:
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Five Forces Analysis
4.1.1 Threat of New Entrants
4.1.2 Bargaining Power of Buyers
4.1.3 Threat of Substitutes
4.1.4 Segment Rivalry
4.2 Value Chain/Supply Chain of Global Titanium Dioxide Market

Titanium Dioxide Market Table of Content to be Continue……,

Request for an in-depth table of contents for this report @ https://www.marketresearchfuture.com/reports/titanium-dioxide-market-1081

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Titanium Dioxide Market Growth of USD 44.954 Billion by 2023 | DuPont, Tronox Limited, CRISTAL, The Chemours Company Chemours, NL Industries, Inc and etc here

News-ID: 1676015 • Views: 914

More Releases from Market Research Future

Clinical Trial Management System Market Demand, Industry Share, Size, Applicatio …
Clinical Trial Management System Market Analysis by Type (Enterprise Clinical Trial Management System), Delivery Model (Licensed Enterprise), Component (Service) and End-User (Medical Device Manufacturers), and Regional Competitive Share, Size and Trends, 2018-2023 Market Overview Clinical Trial Management System Market is mostly a software system which helps to plan, prepare, and manage a large amount of clinical trials data that is produced by biotechnological and pharmaceutical companies. Drug research has gained momentum in
Reusable Satellite Launch Vehicle (RSLV) Market 2019-2023 | Report Information b …
Global Reusable Satellite Launch Vehicle Market Report Information by Configuration (Single Stage, Multiple Stage), by Type (Partially Reusable, Fully Reusable), Vehicle Weight (Up to 4,000lbs, 4000-9000lbs, Over 9000lbs), & by Region - Forecast Till 2023 The Reusable satellite launch vehicle market is estimated to witness a CAGR of more than 12% during the forecast period from 2018 to 2023. The key players in the reusable satellite launch vehicle market are Airbus S.A.S
Bakery Enzymes Market Global Research Report and Top Key Players: AB Enzymes Gmb …
Market Overview The increasing demand for bakery products in the food and beverage industry including, bread, cookies, and pastries are raising the demand for bakery enzymes at a global level. Enzymes are an important ingredient used in most bakery products. There are two scenarios regarding the use of enzymes, either the enzymes are used to convert the raw material into the main product, or the enzymes are used as additives to
Commercial Airport Lighting Market 2019-2023 | Worldwide Overview By Technology, …
Global Commercial Airport Lighting Market Research Report: Information by Technology (LED, Non-LED), by Application (Airside Lighting, Terminal Lighting, Landside Lighting), and by Region — Forecast till 2023 Honeywell International Inc., (US), ADB SAFEGATE (US), ABB (Switzerland), vosla GmBH (Germany), Avlite (Australia), Carmanah (Canada), Eaton (Ireland), atg airports limited (UK), Avionics Group (US), and HELLA GmBH & Co. KGaA (Germany) are some of the prominent players profiled in MRFR Analysis and are

All 5 Releases


More Releases for Titanium

2022 Titanium Alloys and Ultrafine Titanium Dioxide Market Report Forecast
The titanium alloys and ultrafine titanium dioxide market consists of manufacturers’ sales of titanium alloys and ultrafine titanium dioxide. These are titanium alloy metals that contain a mixture of titanium and other chemical elements and ultrafine titanium dioxide. Titanium is a strong and lightweight refractory (resistant to heat and wear) metal. Titanium alloys have excellent corrosion resistance and a high strength-to-weight ratio. Titanium alloys and ultrafine titanium dioxide are used
Titanium Diboride Market
Titanium diboride is a part of metallic hard materials group. It is widely known for its extreme hardness and its composition. It is composed of boron and titanium that are known for its resistance to mechanical erosion. It is also known to be a reasonable electrical conductor and therefore has application as a cathode material in aluminum smelting. It can also be shaped by electrical discharge machining. Titanium diboride is
Titanium Diboride Market
Titanium diboride is a part of metallic hard materials group. It is widely known for its extreme hardness and its composition. It is composed of boron and titanium that are known for its resistance to mechanical erosion. It is also known to be a reasonable electrical conductor and therefore has application as a cathode material in aluminum smelting. It can also be shaped by electrical discharge machining. Titanium diboride is
Titanium Products Market
Titanium is sliver grey, colored transition metal found in abundance among all minerals. Titanium has high melting point and offers very good corrosion resistant property, heat properties and strength to weight ratio. Titanium is extracted from ores of rutile and ilmenite. Aerospace & aviation industry is the major end user of the titanium product. Titanium is used in production of super light high speed aircrafts, satellites and spacecrafts, and ships.
Global Titanium Product Market Forecast 2018-2025 Ineos, Sumitomo, Toho Titanium …
A comprehensive market study on "Global Titanium Product Market 2018-2025" examines the performance of the Titanium Product market. It encloses an in-depth Research of the Titanium Product market state and the competitive landscape globally. This report analyzes the potential of Titanium Product market in the present and the future prospects from various angles in detail. Leading Manufacturers Analysis such as - Huntsman International, DuPont, Ineos, Iluka Resources Ltd, Sumitomo Corporation VSMPO-AVISMA
Global 3D Printing Titanium Market 2018 -Cristal, OSAKA Titanium, Fengxiang Tita …
The statistical surveying information incorporated into the 3D Printing Titanium report is the aftereffect of significant essential and optional research exercises. The report fragments the worldwide market for 3D Printing Titanium based on makers, item compose, applications, and Region. In this report, each fragment is contemplated completely and measurements are introduced in detail. The report offers an exact outline of the worldwide 3D Printing Titanium advertise covering key factors, for