Zion Research has published a new report titled “Titanium Dioxide Market for Paints & Coatings, Plastic, Paper and Other Applications: Global Industry Perspective, Comprehensive Analysis and Forecast, 2014 – 2020.” According to the report, global demand for titanium dioxide was valued at USD 13.50 billion in 2014, and is expected to reach USD 17.00 billion in 2020, growing at a CAGR of above 3.5% between 2015 and 2020. In terms of volume, the global titanium dioxide market stood at 6.00 million tons in 2014.
Titanium dioxide is a white crystalline powder that is made up of ilmenite and rutile as main raw materials. Moreover, titanium dioxide is created from either chloride process or sulfuric acid referred to as the sulfate process. Other compounds that may be organic and inorganic in nature can even be added with titanium dioxide to impart completely different tints. It is abundantly used as a white pigment in paints and coatings applications.
Browse the full “Titanium Dioxide Market for Paints & Coatings, Plastic, Paper and Other Applications: Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2014 – 2020” report at:
Global titanium dioxide market is mainly driven by increasing demand for lightweight vehicles in the automobile industry especially in the developed countries like US, Germany and France. Secondly, growing demand for lightweight vehicles has resulted into increase in need of paints and coatings process. This in turn has been resulted into emergence of paints and coating industry. Stringent environmental regulations are a major restraint to growth of the global titanium dioxide market.
The global titanium dioxide market on the basis of the application is segmented as paints & coating, plastics industry, paper industry and others (including artificial fibers, inks). The paints & coatings industry was the largest application segment among the other segment. Paints and coating application accounted over 50% of the overall share of the market in 2014. Increasing construction industry is attributed to the paints and coating application is projected to propel the titanium demand during forecast period. In addition, plastic industry is one of the fastest growing applications. The growth is attributed to characteristics offered by titanium dioxide such as excellent strength, great finishing and color effects, as well as outstanding opacity of the end-product.
Browse 29 Market Tables and 27 Figures spread through 70 Pages and an in-depth TOC on “Titanium Dioxide Market – Global Industry Analysis, Size, Shares, Trends, Segment & Forecast to 2020”
Access Sample Research Report:
Asia Pacific dominated the global titanium dioxide market and accounted for over 40% of the total share of the market, in 2014. This trend is estimated to continue throughout the forecast period. However, Asia Pacific is anticipated as a fastest growing region over forecasted period as a result of high growth in several end-use industries especially in emerging economies like India and China. North America was the second largest region followed by Europe.
Some of the key players in the global titanium dioxide market include Chemours Company, CRISTAL, Kronos Worldwide INC., DuPont, Huntsman, Evonik, Argex Titanium Inc, Pangang Group Vanadium Titanium & Resources Co., Ltd., Yunnan Dahutong Industry & Trading Co., Ltd and Tronox limited.
Related Published Reports:
- Acrylic Acid Market:
- Propionic Acid Market:
The global titanium dioxide market has been segmented for applications and regions as below:
Titanium Dioxide Market: Application Segment Analysis
- Paints & coatings
- Others (Including artificial fibers, inks, etc.)
Titanium Dioxide Market: Regional Segment Analysis
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Market Research Store is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Market Research Store experienced team of Analysts, Researchers, and Consultants uses proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each Market Research Store syndicated research report covers a different sector — such as pharmaceuticals, chemical, energy, food and beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports strive to serve the overall research requirement of clients.
Company Name: Market Research Store
Contact Person: Joel John
Address:3422 SW 15, Street Suit# 8138
City: Deerfield Beach
Country: United States