Titanium Dioxide Market to Rise at CAGR of 3.7% during Forecast Period, notes TMR Study

The latest research study released by Transparency Market Research on "𝐓𝐢𝐭𝐚𝐧𝐢𝐮𝐦 𝐃𝐢𝐨𝐱𝐢𝐝𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐭𝐨 𝟐𝟎𝟐𝟏-𝟐𝟎𝟑𝟏 ″ research provides accurate economic, global, and country-level predictions and analyses. It provides a comprehensive perspective of the competitive market as well as an in-depth supply chain analysis to assist businesses in identifying major changes in industry practices. The market report also examines the current state of the Titanium Dioxide industry, as well as predicted future growth, technological advancements, investment prospects, market economics, and financial data.

Titanium Dioxide market is estimated to attain a valuation of US$ 22.7 Bn by the end of 2031, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 3.7% during the forecast period, 2021-2031

𝐆𝐞𝐭 𝐚 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 -https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2762

Increasing applications of titanium dioxide in various end-use industries such as paints & coatings, paper, plastic, etc. is driving the global titanium dioxide market. Rapid urbanization and rising disposable income are furling the expansion of the paints & coatings industry. Growth and advancement of paint & coatings industry in Asia Pacific is creating lucrative opportunities for the players in the titanium dioxide market. In addition, technological advancements in automotive, wood, and industrial sectors are also supporting market growth. Companies in the global titanium dioxide market are accelerating their product development and leveraging revenue opportunities to gain edge over competitors. Furthermore, low prices of titanium dioxide, along with a wide range of applications is contributing to the growth of the titanium dioxide market.

𝐈𝐧𝐜𝐫𝐞𝐚𝐬𝐞 𝐢𝐧 𝐀𝐝𝐨𝐩𝐭𝐢𝐨𝐧 𝐨𝐟 𝐓𝐢𝐭𝐚𝐧𝐢𝐮𝐦 𝐃𝐢𝐨𝐱𝐢𝐝𝐞 𝐢𝐧 𝐕𝐚𝐫𝐢𝐨𝐮𝐬 𝐄𝐧𝐝-𝐮𝐬𝐞 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐢𝐞𝐬

The titanium dioxide market is adversely affected by the rapid spread of coronavirus. Many companies and manufacturing industries have temporarily shuttered their business activities due to prolonged lockdown and rapidly spreading coronavirus across the globe. There has been a huge impact on the industrial sector affecting almost all sectors across the globe. Manufacturers in the titanium dioxide market are taking efforts to recover from the losses caused due to the pandemic.

The increasing demand for titanium dioxide from various end-use industries such as paints & coatings, paper, plastic, etc. is creating value-grab opportunities for manufacturers. Titanium dioxide is an odorless absorbent. It is a widely used as pigment for lending whiteness and opacity. It is also used as a bleaching agent in porcelain enamels, by offering brightness, hardness, and acid resistance. The strong presence of manufacturers operating in the global titanium dioxide market is driving to the market amid the coronavirus pandemic.

𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐛𝐞𝐟𝐨𝐫𝐞 𝐩𝐮𝐫𝐜𝐡𝐚𝐬𝐞 - https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=2762

𝐒𝐮𝐫𝐠𝐞 𝐢𝐧 𝐔𝐬𝐚𝐠𝐞 𝐨𝐟 𝐓𝐢𝐭𝐚𝐧𝐢𝐮𝐦 𝐃𝐢𝐨𝐱𝐢𝐝𝐞 𝐢𝐧 𝐏𝐚𝐢𝐧𝐭𝐬 𝐚𝐧𝐝 𝐂𝐨𝐚𝐭𝐢𝐧𝐠𝐬

The global titanium dioxide market is significantly driven by rising applications in the paints & coatings industry. It is used as a raw material for the production of emulsion paints and anticorrosion, automotive, aircraft, marine, and decorative coatings. Titanium dioxide is also used as a white pigment in the paint industry. Titanium dioxide is used in coatings for construction, ships, furniture, household appliances, toys, etc. This white, solid, and inorganic material possesses high thermal stability and poor solubility. Titanium dioxide is the most widely used white pigment material in the paints & coatings industry. It efficiently scatters visible light, and thereby imparts whiteness, brightness, and opacity when incorporated into a coating. These factor makes it suitable to be used in the paints & coatings industry. In addition, architectural paints and coatings also make use of titanium dioxide. Titanium dioxide offers an excellent durable coating that can resist UV rays.

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐨𝐫 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:

The Chemours Company,CRISTAL,Tronox Limited,Kilburn Chemicals Limited,Evonik Industries AG,KRONOS Worldwide, Inc.,Grupa Azoty Police,Huntsman International LLC,Tayca Corporation,CINKARNA Celje d.d.

𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 -

𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧

Paints & Coatings
Plastic
Paper
Others (including Artificial Fibers and Inks)

𝐇𝐚𝐯𝐞 𝐀𝐧𝐲 𝐐𝐮𝐞𝐫𝐲? 𝐀𝐬𝐤 𝐓𝐨 𝐀𝐧𝐚𝐥𝐲𝐬𝐭: https://www.transparencymarketresearch.com/sample/sample.php?flag=ASK&rep_id=2762

𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐥𝐞𝐭𝐬 𝐲𝐨𝐮 𝐢𝐝𝐞𝐧𝐭𝐢𝐟𝐲 𝐭𝐡𝐞 𝐨𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧 𝐓𝐢𝐭𝐚𝐧𝐢𝐮𝐦 𝐃𝐢𝐨𝐱𝐢𝐝𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐛𝐲 𝐦𝐞𝐚𝐧𝐬 𝐨𝐟 𝐚 𝐫𝐞𝐠𝐢𝐨𝐧:

North America (the United States, Canada, and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, and Southeast Asia (Indonesia, Thailand, Philippines, Malaysia, and Vietnam))
South America (Brazil etc.) The Middle East and Africa (North Africa and GCC Countries)

𝐌𝐨𝐫𝐞 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐓𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 -

𝐞𝐇𝐞𝐚𝐥𝐭𝐡 𝐌𝐚𝐫𝐤𝐞𝐭- https://www.globenewswire.com/news-release/2022/09/08/2512835/0/en/eHealth-Market-Size-worth-US-693-Billion-by-2030-CAGR-16-5-TMR-Study.html

𝐌𝐨𝐛𝐢𝐥𝐞 𝐂𝐨𝐛𝐨𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭- https://www.globenewswire.com/news-release/2022/09/09/2513281/0/en/Mobile-Cobots-Market-to-Advance-at-CAGR-of-15-4-during-2022-2031-notes-TMR-Study.html

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬 𝐓𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

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𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬

Nikhil Sawlani

Transparency Market Research Inc.

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