Titanium Dioxide market is gaining momentum owing to the increasing usage in the construction and paint & coating industry. The rising construction activities in developing economies play a significant role in supporting the market growth of TiO2. Further, Titanium Dioxide market is highly driven by the increasing demand for skin care products & cosmetics like body lotions and sunscreens. Also, progressive growth in the automotive industry, especially the light-weighted automobile has driven the significant demand for paints & coating, which in turn expected to propel the demand of the product over the forecast period.
As per the latest report added by Value Market Research Report, the Global Titanium Dioxide Market was valued at USD 15,405.5 MN (by revenue) in 2017 and is anticipated to reach USD 20,530.1 MN by 2024 with a CAGR of 4.2%. By volume, the market was estimated at XX.X KT in 2017 and is expected to reach XX.X KT by 2024 with a CAGR of X.X%.
PAINTS AND COATING IS LEADING THE APPLICATION SEGMENT
Paint and Coating have dominated the application segment in 2017 and estimated to touch XX.X USD MN by the end of 2024. TiO2 is used as pigments in the formulation of advanced paints & coatings owing to its excellent properties such as whiteness, scattering, opacity and high refractive index. The rapidly growing construction and automotive industry, majorly in emerging economies has fueled the demand for paint and coatings.
RISING CONSTRUCTION HELPS ASIA–PACIFIC TO GAIN MAXIMUM SHARE IN GLOBAL TIO2 MARKET
Asia-Pacific dominates the global TiO2 market owing to the rising construction activities along with the growth in the paints and coating industry in India, China and other Asian countries which raise the demand for TiO2 products. Additionally, numerous advantage offered such as energy efficiency and durability, it is widely used for automotive coatings, therefore growth of the TiO2 market directly depends on the rising automotive industry in the region. Asia-Pacific region is estimated to gain the 9,624.0 USD MN revenue at the end of 2024.
Argex Titanium Inc., Cristal, Evonik Industries AG, Huntsman Corporation, The Kish Company, Inc., Kronos Worldwide, Inc., Tayca Corporation, The Chemours Company and Tronox Limited are the key players driving the global titanium dioxide market.
As per this study the global titanium dioxide market was valued at USD 15,405.5 MN (by revenue) in 2017 and is anticipated to reach USD 20,530.1 MN by 2024 with a CAGR of 4.2%. By volume, the market was estimated at XX.X KT in 2017 and is expected to reach XX.X KT by 2024 with a CAGR of X.X%.
Titanium dioxide is an odorless compound used as the basic component of pigments across various end-user industries. Titanium dioxide is used in cosmetics, plastics, paints, and in enhancing glass. TiO2 is available in white powdered form or in other forms which include oxides or minerals of this compound. TiO2 has the numerous benefits such as it is used as the enhancer of ceramics, and it is used in cosmetics products owing to its healing properties.
Awareness among consumers regarding skin care products and high living standards of people has led to high demand if cosmetics like body lotions and sunscreens. This in turn significantly fuels the rapid growth of this market. TiO2 is largely used as a basic component in pigments which is another significant factor to upsurge this market. Increased use of plastic and paper in the packaging of various end-user materials are expected to provide high market penetration for this segment. TiO2 acts as an enhancer in ceramic production and increases the capacity of ceramics. This, in turn, is expected to open new opportunities for the global titanium dioxide market. TiO2 has some health-related issues which hinder the market growth of global titanium dioxide market.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of titanium dioxide.
The broad titanium dioxide market has been sub-grouped into application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
By Application Market Share 2017
- Paints And Coatings
- Others (Including Artificial Fibers, Inks, Etc.)
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for titanium dioxide in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Europe Titanium Dioxide Market By Revenue (USD MN)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the titanium dioxide market include Argex Titanium Inc., Cristal, Evonik Industries AG, Huntsman Corporation, The Kish Company, Inc., Kronos Worldwide, Inc., Tayca Corporation, The Chemours Company and Tronox Limited. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
Major Company Players Market Share
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.
2. EXECUTIVE SUMMARY
- Introduction To Titanium Dioxide
- Report Description
- Objectives Of The Study
- Research Scope
- Research Methodology
3. MARKET ANALYSIS
- Market Highlight
- Global Titanium Dioxide Market: Snapshot
4. TITANIUM DIOXIDE MARKET ANALYSIS BY APPLICATION
- Porter’s Five Forces Analysis
- Value Chain Analysis
5. TITANIUM DIOXIDE MARKET ANALYSIS BY GEOGRAPHY
- Market In Paints And Coatings
- Market In Plastic
- Market In Paper
- Market In Others
6. COMPETITIVE LANDSCAPE OF THE TITANIUM DIOXIDE COMPANIES
- North America (NA)
- North America Market Estimates
- North America Market Estimates By Country
- United States (U.S.) Market Estimates By Segments
- Canada Market Estimates By Segments
- Mexico Market Estimates By Segments
- Europe (EU)
- Europe Market Estimates
- Europe Market Estimates By Country
- United Kingdom (UK) Market Estimates By Segments
- Germany Market Estimates By Segments
- France Market Estimates By Segments
- Rest Of Europe Market Estimates By Segments
- Asia Pacific (APAC)
- Asia Pacific Market Estimates
- Asia Pacific Market Estimates By Country
- China Market Estimates By Segments
- Japan Market Estimates By Segments
- India Market Estimates By Segments
- Rest Of Asia Pacific Market Estimates By Segments
- Latin America (LA)
- Latin America Market Estimates
- Latin America Market Estimates By Country
- Brazil Market Estimates By Segments
- Rest Of Latin America Market Estimates By Segments
- Middle East And Africa (MEA)
- Middle East And Africa Market Estimates
- Middle East And Africa Market Estimates By Country
- Middle East Market Estimates By Segments
- Africa Market Estimates By Segments
7. COMPANY PROFILES OF THE TITANIUM DIOXIDE INDUSTRY (Company Overview, Financial, Major Products & Recent Development)
- Market Competition
- Mergers And Acquisitions
- New Product Launches
- Other Developments
* Tentative TOC
LIST OF TABLES
- Argex Titanium Inc.
- Evonik Industries AG
- Huntsman Corporation
- The Kish Company, Inc.
- Kronos Worldwide, Inc.
- Tayca Corporation
- The Chemours Company
- Tronox Limited
Table 1. Market Highlights Of Titanium Dioxide
Table 2. Global Titanium Dioxide Market By Application
Table 3. Global Titanium Dioxide Market By Geography
Table 4. North America Titanium Dioxide Market
Table 5. Europe Titanium Dioxide Market
Table 6. Asia Pacific Titanium Dioxide Market
Table 7. Latin America Titanium Dioxide Market
Table 8. Middle East And Africa Titanium Dioxide Market
Table 9. Partnership/Collaboration/Agreements
Table 10. Mergers And Acquisitions
Table 11. New Product Development
Table 12. Other Developments
LIST OF FIGURES
Fig. 1. Market Segmentation Of Titanium Dioxide Market
Fig. 2. Top-Down Approach
Fig. 3. Bottom-Up Approach
Fig. 4. Market Highlights Of Titanium Dioxide
Fig. 5. Value Chain Analysis
Fig. 6. Porter’s Five Forces Analysis
Fig. 7. Global Titanium Dioxide Market By Application
Fig. 8. Global Titanium Dioxide Market By Geography
Fig. 9. North America Titanium Dioxide Market
Fig. 10. Europe Titanium Dioxide Market
Fig. 11. Asia Pacific Titanium Dioxide Market
Fig. 12. Latin America Titanium Dioxide Market
Fig. 13. Middle East And Africa Titanium Dioxide Market
Fig. 14. Market Share Of Titanium Dioxide Companies
Fig. 15. Recent Developments In Titanium Dioxide Industry
* Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.