Global titanium dioxide market is expected to rise to an estimated value of USD 31.2 billion by 2026, registering a substantial CAGR in the forecast period of 2020-2026.
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Companies Profiled in this report includes, 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 others.
Titanium dioxide is made either from sulfuric acid or chloride process, which is also referred as sulfate process. The raw materials used for the manufacturing of titanium dioxide are rutile and ilmenite. It is sold in the form of white crystalline powder. There is a growing demand for titanium dioxide in ink activity, cosmetics, plastics, pulp & paper, paints & coatings, which is expected to drive the market in the forecast period.
The employment of established tools such as SWOT analysis and Porter’s Five Forces analysis are very helpful in creating such a top-notch Titanium Dioxide market research report. Estimations of CAGR values, market drivers and market restraints helps businesses decide upon several strategies. The data and information gathered with the research is generally quite a huge and is also in a complex form. However, in this market report, such intricate market insights are turned into simpler version with the help of proven tools and techniques to provide it to the end users. With the use of few steps or the combination of several steps, the process of generating Titanium Dioxide market report is initiated with the expert advice.
- Rising demand for lightweight vehicles in automobile industry; this factor is expected to drive the market in the forecast period
- Increase in per capita consumption of pigments, will help in the growth of market
- Increased usage of titanium dioxide in the construction; this factor will also help the market to grow in near future
- Increased usage of titanium dioxide by its end-users will also help the market to grow
- Volatility in the prices of raw materials will hamper the growth of the market in near future
- Stringent environmental regulations due to its hazardous nature will also restraint the market in the forecast period
Segmentation: Global Titanium Dioxide Market
- Personal Care
- Food & Beverages
- Construction Industry
- Paints & Coatings
- Pulp & Paper
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