Market Research Report
Global Titanium Dioxide Market 2013-2023
|Published by||Market Krystal||Product code||913231|
|Published||Content info||120-150 Pages
Delivery time: 1-2 business days
|Global Titanium Dioxide Market 2013-2023|
|Published: July 1, 2019||Content info: 120-150 Pages||
The global titanium dioxide market produces the component titanium dioxide which possesses many properties. It is used a whitening agent in dentistry as well as in painting, and in coatings since it has properties of being highly intensive and an opaque white color.
Titanium dioxide many properties that possess many applications like whitening agents for the painting, as coating ingredient, as a dispersing agent and also flocculent. They also have application in the automotive industry got gloss retention and possess high chalk resistance.
The report on global titanium dioxide market shows insights on the current market scenario by conducting over 280 hours of primary and secondary research. As per the report, global titanium dioxide market is growing its area and effective sphere of influence very fast and is gaining popularity. This global titanium dioxide market is expected to reach the levels of US $ xxxx billion dollars by the end of 2023, as compared to US $ xxxx billion dollars in 2018 registering an impressive growth rate of xx% annually.
Major factors for the growth and increasing demand for the global titanium dioxide market is the growing awareness for personal hygiene and care especially from emerging economies of nations like BRICS giving a considerable growth of the cosmetics industry. In addition, titanium dioxide as a whitening agent and as UV filters from medical industries is also a driving key factor for the increasing demand and growth for the global titanium dioxide market.
A major factor that can hinder the growth of titanium dioxide is the adoption for water-based coatings for protection of surfaces. Since titanium dioxide is said to have volatile coatings that pose to be hazardous for the human body as well as the environment. Stringent laws by regulatory bodies restricting the usage of titanium dioxide are impeding the growth of the global titanium dioxide market.
The Asian Pacific region is dominating the titanium dioxide market and is anticipated to gain a high market share for this market for the forecasted period. Owing to the rapid and continuous rising of disposable income and another major factor being the increasing population. Moreover, the emerging economies of countries like China and India are major players for this market. Due to increasing demand for titanium dioxide from various end-users from varying industries. Also, these region investing chunks in research and development for more technological changes are expected to keep triggering the demand for the titanium dioxide market. Automotive industries across the Northern American and Western European regions are creating a promising trend for this market.
Some of the major players for the Global titanium dioxide market include Evonik Industries AG (Germany), Lomon billions (China), Tronox Limited (U.S.) andCristal (Kuwait).
The research procedure starts with the bifurcation of different market segments of global titanium dioxide market, followed by detection of factors affecting the growth each segment. Then, the market forecasts were built based on the inputs given by the business leaders across global titanium dioxide industry value chain. Market Krystal held more than 40 interviews for this study, details of which are mentioned:
By company type: Manufacturers (35%), Suppliers (35%), Consumers (10%), Researchers (10%), Independent industry consultant (10%)
By geography: North America (35%), Asia (30%), Europe (35%)
By designation: Top level (40%), Operation level (30%), Mid-level (30%)