Titanium Dioxide Market worth $27.9 billion by 2026 | Key players Tronox Holding PLC, Lomon Billions Group, Venator Materials PLC, Kronos Worldwide, INEOS

According to recent market research "Titanium Dioxide Market by Grade (Rutile, Anatase), Process (Sulfate, Chloride), Application (Paints & Coating, Plastics, Paper, Inks), & Region (North America, Europe, Asia Pacific, MEA, South America) - Trends and Forecasts up to 2026", size is estimated to be USD 20.9 billion in 2021 and is projected to reach USD 27.9 billion by 2026, at a CAGR of 5.9% between 2021 and 2026.

Browse 196 market data Tables and 60 Figures spread through 240 Pages and in-depth TOC on "Titanium Dioxide Market - Global Forecast to 2026"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/titanium-dioxide-market-225276554.html

Paints & Coating is the largest application segment of Titanium Dioxide. Titanium dioxide is a naturally occurring oxide of titanium. It has the highest refractive index of any material and is one of the whitest materials on earth. Properties of titanium dioxide include high melting & boiling point, ability to scatter light, non-toxic, chemically inert, photocatalytic activity, opaqueness, and UV-resistant owing to which it is prevalently used in the paints & coatings industry. Construction and Automotive are major end-user industry for paints & coatings. The demand for titanium dioxide is driven by growth in these industries. The growth in the construction industry is driven by rapid urbanization and industrialization, an increase in purchasing power parity (PPP), a high standard of living, and growth in disposable income. The APAC region is the largest market for the construction industry, with China, India, and other Southeast Asian countries being the epicenter of construction activities. Apart from the construction industry, titanium dioxide has growing demand from sectors such as industrial and automotive coatings.

The growth in paints & coating is attributed to the growing construction industry, including both residential and non-residential infrastructure, across the world. Titanium dioxide mainly finds applications in architectural paints & coatings. Architectural paints must have UV and water resistance, whereas some specialized coatings need to be chemical and corrosion-resistant. Titanium dioxide provides an excellent durable coating that can resist UV rays from the sun and maintain a newly painted look for a significant time. Titanium dioxide is used in paints and coatings meant for exterior surfaces for better color fading, chalking, and cracking resistance. Further, it has a photocatalyst ability that enables self-cleaning and provides protection against bacteria, algae, fungi, and pollution. The use of titanium dioxide in paints and coatings ensures ease of application, a long-lasting fresh look, fewer coatings, easy cleaning surface.

For more Details Speak to Our Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=225276554

The global Titanium Dioxide market size is estimated to be USD 20.9 billion in 2021 and is projected to reach USD 27.9 billion by 2026, at a CAGR of 5.9% between 2021 and 2026. The Titanium Dioxide market is expected to witness a steady growth forecast period due to growth in the paints & coating application in automotive and construction industry. Moreover, Nanoparticles of titanium dioxide offers opportunity in the cosmetics and construction industry. The ultrafine titanium dioxide is used in various applications in the cosmetics industry, such as creams, loose and pressed powders, eyeshadows, blush, and sunscreens. The ultrafine nanoparticles of titanium dioxide provide flawless effect, better protection against harmful sun rays, and brightness. Construction materials are combined with titanium dioxide photocatalyst to improve self-cleaning, antibacterial action, air purification, and pollution resistance.

Titanium Dioxide (TiO2, titanium (IV) oxide or Titania) is the oxide of the metal titanium, occurs naturally in several kinds of rocks and mineral sands. Titanium is the ninth most common element in the earth’s crust. It is a white solid inorganic substance that is thermally stable, chemically inert, non-flammable, has excellent ultraviolet (UV) resistant qualities, and acts as a UV absorbent. It has the highest refractive index and is one of the whitest materials on earth. When ground into a fine powder, it transforms into a white pigment that provides whiteness and opacity to products. It is mainly sourced from mineral anatase, brookite, ilmenite, leucoxene, perovskite, rutile, and sphene. Titanium dioxide pigments are utilized in paints & coatings, plastics, paper, inks and other applications.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=225276554

The Chemours Company is a manufacturer of performance chemicals. It was founded by spinoff with DuPont in 2015. The business is divided into four segments: Titanium Technologies, Thermal & Specialized Solutions, Advanced Performance Materials, and Chemical Solutions. It offers products for various end-use industries, including automotive, energy, consumer electronics, architectural coatings, mining, and others. The company has 30 production facilities in 9 countries and has business operations in over 120 countries across the world. The company manufactures titanium dioxide pigment under Titanium Technologies. It utilizes a chloride process for manufacturing titanium dioxide at its four production facilities in the US (2), Mexico (1), and Taiwan (1). The company offers titanium dioxide products under the brand name, Ti-Pure, for laminates, plastic portfolio, and coating applications.

Tronox is involved in mining and inorganic business. The company is vertically integrated to manufacture titanium dioxide pigment. The feedstock material is produced from titanium-bearing mineral sand mines in Australia, Brazil, and South Africa. There are nine production plants of titanium dioxide present in the US (1), China (1), Australia (2), the Netherlands (1), Brazil (1), Saudi Arabia (1), France (1), and the UK (1). It utilizes chloride and sulfate process technology to manufacture titanium dioxide, which is utilized in paint & coating, plastics, and paper applications. The company has business operations in Africa, the Americas, Asia Pacific, Europe, and the Middle East.

Contact:

Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
Email: newsletter@marketsandmarkets.com
Press Release: https://www.marketsandmarkets.com/PressReleases/titanium-dioxide.asp
Research Insights: https://www.marketsandmarkets.com/ResearchInsight/titanium-dioxide-market.asp

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

This release was published on openPR.