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Growing Popularity of Automotive Coatings to Augment Demand for Anatase Grade Titanium Dioxide – Fact.MR Study
The impact of the COVID-19 outbreak has compelled several manufacturers and industries to rethink their operations to gradually recover from the losses incurred for years to come. The organic chemicals industry suffered a huge setback due to halted production and a limited supply of raw materials.The report offers actionable and valuable market insights of Anatase Grade Titanium Dioxide. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Anatase Grade Titanium Dioxide Market across various industries and regions.
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The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Anatase Grade Titanium Dioxide market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Anatase Grade Titanium Dioxide
This newly published and insightful report sheds light on Market Insights of Anatase Grade Titanium Dioxide, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Anatase Grade Titanium Dioxide Market.
In the recent past, Anatase Grade Titanium Dioxide emerged as an effective coating pigment owing to its high refractive index and light-phobic properties. Globally, the paints industry consumed more than 3Mn Tons of Anatase Grade Titanium Dioxide in 2019. Infrastructural activities coupled with rising commercial and residential construction is ramping up the demand for paints & coatings, thereby escalating the growth of the overall Anatase Grade Titanium Dioxide market during the forecast period.
Significant consumption of Anatase Grade Titanium Dioxide pigments in automotive, owing to high refractive index will spur sales in the foreseeable future. Further, increasing popularity for flexible plastic manufacturing in packaging industry will push the market towards a profitable future. The ongoing shift towards hydrometallurgical production generates novel opportunities for Anatase Grade Titanium Dioxide manufacturers who hope to gain an attractive profit margin. The market is poised to witness a growth rate of over 5% during the forecast period (2019-2027)
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Global Anatase Grade Titanium Dioxide Market: In-Depth Assessment on Key Segments
The global Anatase Grade Titanium Dioxide market is segmented on the basis of grade, application and region.
Grade
Anatase
Rutile
Application
Paints & Coatings
Plastic
Pulp & Paper
Cosmetics
Others
Region
North America
Latin America
Europe
East Asia
South Asia & Oceania
Middle East & Africa
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Regional Exports to Be the Prominent Market Stimulator
The global Anatase Grade Titanium Dioxide market is consolidated in nature, in which few prominent players are holding significant market share. Some of the leading market players include
Chemours
Cristal
Huntsman
Kronos
Lomon-Billions
Tronox.
Through multiple business approaches, several competitors are concentrating on regional expansion.
Key Takeaways of Anatase Grade Titanium Dioxide Market Study
Per capita consumption of Anatase Grade Titanium Dioxide in China is about 1.1 kilograms per year, compared with 2.7 kilograms for Western Europe and the United States
In terms of revenue, paints & coatings is the leading application in the global Anatase Grade Titanium Dioxide market with more than 1.4x growth, and is poised to grow at a CAGR of 4% in the forecast period
Plastic segment will grow 1.7X during the forecast years. This can be attributed to benefits such as enhanced heat resistance, light resistance and weather resistance of plastic products, protecting plastic products from invasion of UV Rays, improving the mechanical capacity and electrical performance of plastic products
East Asia is a leading contributor in the supply and demand of Anatase Grade Titanium Dioxide supported by low cost of production and increased use of Anatase Grade Titanium Dioxide in various end uses and in major emerging economies such as Japan, China and South Korea.
Rutile has a Anatase Grade Titanium Dioxide content of 94–96%, making it highly desirable as a feedstock. Rutile will witness healthy single digit growth of more than 4% during the forecast.
“Advances in finishing technology continues to receive the maximum attention from Anatase Grade Titanium Dioxide manufacturers. Increasing demand for anti-corrosion coatings in construction and automotive industry is set to proliferate the demand for Anatase Grade Titanium Dioxide in the foreseeable future” says the Fact.MR analyst
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Key Question answered in the survey of Anatase Grade Titanium Dioxide market report:
Sales and Demand of Anatase Grade Titanium Dioxide
Growth of Anatase Grade Titanium Dioxide Market
Market Analysis of Anatase Grade Titanium Dioxide
Market Insights of Anatase Grade Titanium Dioxide
Key Drivers Impacting the Anatase Grade Titanium Dioxide market
Which are the Key drivers impacted by Anatase Grade Titanium Dioxide market
Restraints Shaping Market Growth
Market Survey of Anatase Grade Titanium Dioxide
More Valuable Insights on Anatase Grade Titanium Dioxide Market
Fact.MR, in its new report, offers an unbiased Market Analysis of Anatase Grade Titanium Dioxide, Sales and Demand of Anatase Grade Titanium Dioxide, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
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