Titanium dioxide is
also known as titanium (IV) oxide or titania. It is the naturally occurring
oxide of titanium with chemical formula TiO2. Titanium dioxide is a white
colored, solid, inorganic material with high thermal stability and reduced solubility.
Titanium dioxide is used as a bright white pigment for paint and coating, in
the food industry as a coloring, in sunscreens and cosmetics, and in other
industrial uses including adhesives, paper and paperboard, plastics and rubber,
cosmetics and pharmaceuticals, water treatment agents and automotive products.
Ilmenite, rutile and anatase it is the raw materials use in the production of
titanium dioxide. It is sometimes use in producer of self-cleaning ceramics,
printing ink, and coating, glass, etc.
Global titaniumdioxide market is expected to experience moderate growth over the next few
years due to increasing demand from a range of industries including paints
& coatings and plastics. Growing demand from lightweight vehicles and
expansion in the construction industry is expected to be an important driving
factor for the Titanium dioxide market. Titanium dioxide is generally used for
coating materials for lightweight plastic including polycarbonates is
anticipated to drive the market demand. Stringent environmental regulations are
projected to hinder the growth of global titanium dioxide market. However,
low scrape resistance connected with polycarbonate is expected to hamper market
demand.
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The titanium dioxide
market classification based on application and regional segment. On the basis
of application, titanium dioxide market has been segmented into paints &
coatings, plastic, paper and others. Among the all application segment paints
& coatings dominated the titanium dioxide market followed by plastic
segment. Titanium dioxide is widely used in paints & coatings applications
in various end-user industries. Plastic is also expected to largest segment in
Titanium dioxide market. All the market distribution on application has been
analyzed based on present and future trends and the market is estimated from
2014 to 2020.
Major regional
segments analyzed in this study include North America, Europe, Asia Pacific,
Latin America, and Middle East & Africa, further bifurcation of region on
the country level, which include U.S., Germany, UK, France, China, Japan and
India.
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Asia Pacific was the
leading market for titanium dioxide market. Asia pacific was followed by Europe
and North America. Increasing automobiles and recovery of the construction
industry in North America is expected to trigger the growth of this industry in
the regions. Among the all countries, China was the major market for titanium
dioxide in terms of production and demand.
The report covers
detailed competitive scenario including the company overviews, financial
revenues of the key participants to develop their positions in the global
market. There is some major manufacture in the titanium dioxide market such as
Chemours, Cristal, Kronos Worldwide Inc., ISK, Lomon, Huntsman Corporation,
CNNC HUAYUAN Titanium Dioxide, Tronox Limited, Tayca Corporation and Grupa
Azoty.
Titanium Dioxide
Market: Application Segment Analysis
- Paints & coatings
- Plastic
- Paper
- Others
Titanium Dioxide
Market: Regional Segment Analysis
- North America
- U.S.
- Europe
- UK
- France
- Germany
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- Middle East & Africa
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