LONDON, Jan. 23, 2017 /PRNewswire/ -- Titanium dioxide is an oxide of titanium which occurs naturally. Titanium dioxide TiO2 is an odorless compound with major industrial and end user applications. Titanium dioxide is used in cosmetics, plastics, paints, in enhancing glass and its properties and other end user application TiO2 can be in a white powdered form or in other from which includes oxides or minerals of this compound. TiO2 has several benefits like those that are used as an enhancer of ceramics, basic material in pigments and it shows skin enhancing and healing properties. These are major aspects of this compound which provides high market penetration for TiO2.
TiO2 generally occurs naturally and is also obtained from its mineral oxides like rutile, anatase and ilmenite. Applications segment global titanium dioxide market into plastic, paper, paints & coatings and others (including artificial fibers, inks, etc.). Cosmetics and pigments are major application segments which prominently drive global titanium dioxide market.
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 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 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 hinders market growth of global titanium dioxide market.
Geographically, global titanium dioxide market is segmented as Europe, Asia Pacific, North America, Latin America and Middle East and Africa. Asia pacific is the most prominent and leading geographic region of this market. Growth of automotive industry in India and China and rise in demand for cosmetics owing to climatic changes in these regions supports high market growth of Asia Pacific region. North America and Europe are expected to show consistent market growth for the forecast. Growth in the construction industry and infrastructural development in U.S and Germany supports market growth for TiO2 market in these regions.
Major companies in the global titanium dioxide market are DuPont, Cristal, Huntsman, Kronos, Tronox, Shandong Dongjia Group Co. Ltd., Henan Billions Chemicals Co. Ltd., CNNC Hua Yuan Titanium Dioxide Co., Ltd., Jilin Gpro Titanium Industry Co., Ltd., Anhui Annada Titanium Industry Co., Ltd., Sichuan Lomon Titanium Industry Co., Ltd., Pangang Group Vanadium Titanium & Resources Co., Ltd., Yunnan Dahutong Industry & Trading Co., Ltd., Ningbo Xinfu Titanium Dioxide Co., Ltd and Jiangsu Taibai Group Co., Ltd.
Decision Databases is involved in providing research reports and company profiles in the global titanium dioxide market in terms of revenue and output/volume. Market drivers, opportunities and restraints are thoroughly studied which influences the market. This study is further utilized for the overall analysis of the market. The titanium dioxide market is segmented based on the global applications, geographic presence, by products and ingredients. We offer an inclusive category-specific market outlook. We provide access to a comprehensive collection of companies in the industry. The companies can strategize and execute business operations through our competitor analysis. Find the global industry analysis, market size, share, growth, and trends information in our titanium dioxide profiles.
SEGMENTATIONS IN REPORT:
Titanium Dioxide By Application
Paints And Coatings
Others (Including Artificial Fibers, Inks, Etc.)
Titanium Dioxide By Geography
Middle East And Africa
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