Market Research Report
Global Titanium Dioxide Market Study, 2014 - 2025
|Published by||Prismane Consulting Pvt Ltd||Product code||704973|
Delivery time: 1-2 business days
|Global Titanium Dioxide Market Study, 2014 - 2025|
|Published: September 18, 2018||Content info:||
This market study describes the Titanium Dioxide (TiO2) global market, with focus on major countries and their subsequent demand for different applications. The study covers demand analysis for regions like North America, Western Europe, Central & Eastern Europe, Central & South America, Asia-Pacific and Middle East & Africa and major countries like the U.S., Canada, Mexico, Germany, France, Italy, U.K., Spain, Russia, Poland, Czech Republic, Turkey, China, Japan, India, South Korea, Taiwan, Indonesia, Thailand, Malaysia, Singapore, Brazil, South Africa and Saudi Arabia. The market is segmented mainly according to the application in paints & coatings, plastics, pulp & paper, inks, cosmetics and others. Titanium Dioxide Market data in term of volume and value for each application at regional and country level will be provided.
The report provides answers to the following key questions:
Titanium dioxide is the most widely used pigment and has its applications in paints & coatings, plastics, pulp & paper, inks and cosmetics. It accounted for more than 70% of the total pigments consumption globally in 2017. The demand-supply of TiO2 depends on the paints & coatings market which in turn depends on the building & construction and the industrial sector. The paints & coatings applications accounted for the largest market in 2017 with a market share of around 65%. The demand growth of titanium dioxide has been dramatically different between various regions and countries. In the areas with mature economies, demand growth for titanium dioxide is expected to fall well below global averages primarily due to the geographic shift of many manufacturing industries (such as the consumer goods and automotive) to areas of lower labor costs such as China and India.
Asia-Pacific (specifically China) region is the major consumer for titanium dioxide followed by Western Europe and United States. Titanium dioxide used in coatings forms a compatible bond with polycarbonate used in automotives and thus, growth in light weight vehicles will usher the growth of titanium dioxide. Rapid growth in automotive sector in countries like China and India has led the growth of titanium dioxide consumption.
Asia-Pacific will see the strongest level of demand growth spurred on by China. The consumption of titanium dioxide in China has been increasing, mainly because of increasing demand from its coatings end-use industries like polymers, automotive and others. The country has the largest and most diverse manufacturing sector and still remains one of the attractive locations for manufacturing. The chemicals and petrochemicals industry along with the increasing expansions and industrialization will create opportunities for paints & coatings which in turn will create growth for titanium dioxide consumption. In US, recovery in construction industry has boosted the growth of titanium dioxide market and the global demand for titanium dioxide is forecast to grow over the long-term at around 5% per annum, heavily influenced the growth of the product in the Asia-Pacific region.
Note: In this section Prismane Consulting highlights and presents its views on Drivers, Restraints, Opportunities and Challenges.
Note: This section includes the key market players along with their historic Alkylene Carbonate manufacturing capacities in different countries and locations. New projects and speculative capacities are included at a country level.
Note: Similar analysis has been provided for all key countries.
Note: This section includes company information, company financials, manufacturing bases and operating regions. Company financials have been mentioned only for those companies where financials were available in SEC Filings, annual reports or company websites. All the reported financials in this report are in U.S. Dollars. Financials reported in other currencies have been converted using average currency conversion rates.
Note: Prismane Consulting's major findings are summarized in this section 7.2. Target Markets 7.3. Business Opportunity Assessment