Titanium Dioxide Market: Summary

The Global Titanium Dioxide Market (TiO2) is estimated to reach USD 22.1 Billion by 2025 at a CAGR of 6.7 %, states forencis research (FSR).

Titanium dioxide (TiO2) alternatively known titania, is the solid inorganic substance which exists in crystalline form naturally. This is white colored, odorless, non toxic substance with high opacity that possess ability to absorb ultra violet light and shows high photocatalytic activity. It is used to impart bright white color and doesnot let the color fade for a longer time period. Due to this factors, TiO2 has gained popularity as an crucial component in the catalysis, electronics, photonics, medicine, and many more application areas.

Titanium Dioxide Market : Drivers & Restraints

Market Drivers:

Rise in Demand From Paint And Coating Industry

TiO2 is widely used in the paints and coatings for getting brightness as it scatters the light resulting into more whiteness and opacity. The demand for TiO2 is gaining momentum owing to increasing adoption from the paints and coating sector. Increasing demand for specialty paints and varnishes from the automotive sector. Higher adoption of TiO2 based paints for driverless cars to boost the visibility of the detection systems is also favoring the market growth increasing demand for automotive vehicles in the emerging regions is projected to propel the market growth higher during the forecast period.

Increasing Construction Activities

Contruction is another sector, which drives the growth of the TiO2. TiO2 is used in the cement owing to emergence of the titanium dioxide-infused concrete and cements, globally. Greater flexural and compressive strength of TiO2 infused cement is boosting its adoption for the commercial and residential infrastructural applications. The increase in spending dedicated for new construction and refurbishment activies, is projected to augment the global market growth in the years to follow.

Market Restraints:

Occupational Exposure Limits of TiO2

The market for TiO2 is growing at a higher momentum, however, the growth of this market is impacted owing to hazards associated with exposure of TiO2. The Occupational Safety and Health Administration (OSHA) proposed the exprosure limit up to 15 mg/m3 for TiO2. Increased exposure of TiO2 through inhalation, skin contact, eye contact by the workers in the manufacturing sector, which has led to number of health issues. Hence, the National Institute for Occupational Safety and Health (NIOSH) proposed the exposure limits of fine titanium dioxide to be 2.4 mg/m3 and 0.3 mg/m3 for ultrafine titanium dioxide.

Titanium Dioxide Market: Key Segments

Key Segments by Grade: Pigment-grade and Ultrafine-grade

Key Segments by Production Technology: Sulphur Process and Chloride Process

Key Segments by Application: Paints and Coatings, Food and Beverage, Cosmetics and Personal Care, Pulp and Paper, Plastics, Waste Water Purification, Pharmaceutical and Others

Key Regions Covered: North America, South America, Europe, Asia-Pacific, Middle East & Africa with individual country-level analysis.

Titanium Dioxide Market: Report Scope

The report on the TiO2 market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

Report Features Specifics Historical/Estimated/Forecasted Market Size Years 2018-2025 Base Year for Market Calculation 2019 Forecasted Period 2020-2025 (2020 estimated year, forecasted up to 2025) Measured Units Value (USD Million) Volume (Kiloton) Segments Included Grade, Production Technology, Application and Region Regional Coverage Asia-Pacific, North America, Europe, Middle East & Africa and South America

Key Companies Covered

The Chemours Company (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)

Tronox Holdings plc

Lomon Billions Group Co. Ltd

Venator Materials PLC

Kronos Worldwide, Inc.

INEOS

Huntsman International LLC

Evonik Industries AG

DuPont

Argex Titanium Inc.

TAYCA

Other Key Companies

Titanium Dioxide Market: Report Segmentation

For the scope of report, In-depth segmentation is offered by Forencis Research

Titanium Dioxide Market, by Grade

Pigment-grade

Ultrafine-grade

Titanium Dioxide Market, by Production Technology

Sulphur Process

Chloride Process

Titanium Dioxide Market, by Application

Paints and Coatings

Food and Beverage

Cosmetics and Personal Care

Pulp and Paper

Plastics

Waste Water Purification

Pharmaceutical

Others

Titanium Dioxide Market, by Region

Asia-Pacific China India Japan South Korea Australia Rest of Asia-Pacific

North America US Canada Mexico

Europe Germany UK France Italy Spain Rest of Europe



Middle East & Africa Saudi Arabia UAE Rest of Middle East & Africa



South America Brazil Argentina Rest of South America



Key Questions answered by the report

What are the major developments impacting the global market and its growth?

What will be the effects of the developments in the global market on the industry and on the market players in the near and far future?

What are the evolving types of the global market?

What are the evolving applications of global market?

What are the major characteristics that will affect the global market growth during the study period?

Who are the key global players operating in the market?

How are the major players leveraging in the existing global market conditions?

Report Audience

Titanium dioxide Market Providers

Titanium dioxide Market Solution and Services Suppliers, Distributors and Dealers

End-Users of Varied Segments of Titanium dioxide Market

Government Bodies and Intellectual Institutions

Associations and Industrial Organizations

Research & Consulting Service Providers

Research & Development Organizations

Investment Banks & Private Equity Firms