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Titanium Dioxide Market to see 7%+ CAGR over 2021-2026 | Key Players are Tronox Holdings, Venator Materials, Lomon Billions, Kronos, Argex Titanium, GRUPA Azoty

Titanium Dioxide Market

Titanium Dioxide Market

Titanium Dioxide Market growth will be driven by rising expansion activities in the paints & coatings sector and proliferating application in paper & pulp industry. For years, titanium dioxide (TiO₂) has been used in the manufacturing of numerous consumer products across various industries.

The product finds applications in paints, adhesives, coatings, paper, rubber, printing inks, textiles, coated fabrics, ceramics, roofing materials, floor coverings, and cosmetics. Surging in product demand across the industrial sector is expected to expand titanium dioxide market size over the coming years.

Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/2287

Recent years have witnessed profound traction for titanium dioxide that has become ubiquitous in a slew of applications, including cosmetics, pulp & paper, paint, textile, and food industries. Notably, pigment-grade titanium dioxide has become highly sought-after in end-markets that demand brightness and opacity. Besides, use of titanium dioxide in plastics, rubber and adhesives to reduce fading, brittleness and cracking will become more pronounced in the ensuing period. In the recently compiled research report by Global Market Insights, Inc., titanium dioxide market size has been projected to surpass US$ 27 bn by 2026.

With stakeholders exhibiting traction for TiO2 in foods, titanium dioxide market value is likely to surge by leaps and bounds in the next few years. Prominently, Tio2 tends to protect food, pharmaceuticals and supplements from premature degradation and also bolsters the durability or shelf life of the product. Manufacturers of TiO2 are optimistic about the fact that titanium dioxide will gain impetus in capsule coatings, drug tablets and as a decorative aid in some of the foods.

Titanium dioxide is essentially used in the paper and pulp industry for the making of products like paperboard for furniture, coated paper, and base paper for décor laminating. According to a study, the paper & pulp segment is anticipated to register a CAGR of over 7% during the forecast period. Construction of new manufacturing plants worldwide to meet increasing paper demand will drive momentous growth prospects in the titanium dioxide market.

Get Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/titanium-dioxide-market

Major key players profiled in the titanium dioxide market are The Chemours Company, Tronox Holdings Plc., Venator Materials Plc, Lomon Billions, Kronos, Travancore Titanium Product Ltd., Ishihara Sangyo Kaisha Ltd, Parshwanath Dye Stuff Industries, Shanghai Jianghu Titanium White Products Co., The Kerala Minerals & Metals Ltd, Shanghai Jiuta Chemicals Co., Argex Titanium Inc., GRUPA Azoty, Tayca Corporation, Cinkarna Celje, PRECHEZA a.s.

While titanium dioxide offers durability and opacity and helps enhance the longevity of the paint and protects the painted surface, it has some of the downsides which are likely to derail the growth of the titanium dioxide market. The International Agency for Research on Cancer (IARC) is said to have classified titanium dioxide as “potential carcinogenic to humans.” That said, several studies have refuted the claim.

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Contact Us

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.

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