Press release
Global Titanium Dioxide Market Report 2024: Demand for Lightweight Vehicles
"Global Titanium Dioxide Market" – Industry Trends and Forecast to 2024
This report consists of below pages:
• No of pages: 350
• No of Figures: 60
• No of Tables: 220
Report Analysis
The Global Titanium Dioxide Market accounted for USD 10.53 billion in 2016 and is projected to grow at a CAGR of 6.0% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Market Definition:
Titanium dioxide is a white crystalline powder that is made up of ilmenite and rutile as main raw materials. Moreover, titanium dioxide is created from either chloride process or sulfuric acid referred to as the sulfate process. Other compounds that may be organic and inorganic in nature can even be added with titanium dioxide to impart completely different tints. There is a growing demand for titanium dioxide in paints & coatings, pulp & paper, plastics, cosmetics and ink activity, which is expected to be one of the major drivers of the market over the next seven years.
Market Segmentation: Global Titanium Dioxide Market
The titanium dioxide market is segmented on the basis of grade into rutile and anatase.
On the basis of application, the market is segmented into paints & coatings, pulp & paper, plastics, cosmetics, ink and others.
On the basis of geography, the titanium dioxide market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
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Competitive Landscape: Global Titanium Dioxide Market
The global titanium dioxide market is fragmented with the presence of a large number of players across different regions. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Major Market Competitors
Some of the major players in titanium dioxide market include Tayca Corporation, Huntsman Corporation, The Chemours Company, Tronox Limited, Kronos Worldwide Inc, Evonik Industries AG, Cinkarna Celje D.D. (CICJ.LJ), Cristal, Lomon Billions, Ishihara Sangyo Kaisha Ltd, Grupa Azoty, Precheza as, Argex Titanium Inc, Apollo Colors Inc and many more.
Major Market Drivers:
• Demand for lightweight vehicles
• Increase in per capita consumption of pigments
• Growth in construction sector
Market restraint:
• Stringent environmental regulations
• Volatile raw material prices
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Research Methodology: Global Titanium Dioxide Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your inquiry.
The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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