Titanium Dioxide Market To Worth USD 30.72 Billion in 2028 | Tayca Corporation, Huntsman Corporation, The Chemours Company

September 26 22:06 2022
Titanium Dioxide Market To Worth USD 30.72 Billion in 2028 | Tayca Corporation, Huntsman Corporation, The Chemours Company
Titanium Dioxide Market
Increasing adoption of titanium dioxide in paints and coating and cosmetics industry is projected to stimulate market demand.

The global Titanium Dioxide Market is expected to reach USD 30.72 Billion in 2028, according to a new report by Reports and Data. Owing to its bright whiteness, protective properties and UV absorbing nature, the product is largely used in the cosmetics industry. TiOis used as a coloring agent as well as for protection against UV rays. As a UV protection agent, the product is one of the key revenue generating application.

Increasing adoption of the product in the plastic industry is also a key factor stimulating industrial demand. The major areas where the product finds application includes packaging, construction including thermal cladding, rainwater and drainage, window profiles, heat reflective panels and water tanks. Titanium dioxide is used to brighten colors, increase the color strength and to opacify the otherwise transparent polymer materials.

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Further key findings from the report suggest

  • Automotive Industry is projected to be among one of the fastest growing application of the Titanium Dioxide. Stringent automobile emission control norms worldwide and concerns regarding fuel efficiency have compelled manufacturers to take measures for reducing vehicle weight considerably, thereby propelling demand for lightweight vehicles. TiOis used for coating polycarbonate structures that are further utilized in the auto manufacturing process.
  • The European market is forecasted to grow at a CAGR of 3.8% in the coming years. Germany dominates the European titanium dioxide production market accounting for over 30 percent of the total European production.
  • Key participants include Tayca Corporation, Huntsman Corporation, The Chemours Company, Tronox Limited, Kronos Worldwide Inc., Evonik Industries AG, Cristal Global and Lomon Billions Group. Kronos Worldwide, Inc. is a US based company which produces and markets titanium dioxide pigments (TiO2) in Europe, North America, the Asia Pacific, and internationally. The Company’s production is used to provide opacity, durability, tinting strength and brightness in industrial coatings, as well as coatings for commercial and residential interiors and exteriors, automobiles, aircraft, machines, appliances, traffic paint, and other particular purpose coatings.

Grade (Volume, Kilo Tons; 2018-2028 and Revenue, USD Million; 2018-2028)

  • Rutile
  • Anatase

Process (Volume, Kilo Tons; 2018-2028 and Revenue, USD Million; 2018-2028)

  • Chloride Process
  • Sulfate Process

Application Outlook (Volume, Kilo Tons; 2018-2028 and Revenue, USD Million; 2018-2028)

  • Paints and Coatings
  • Plastics
  • Pulp & paper
  • Cosmetics
  • Others 

Significant Features that are under Offering and Key Highlights of the Reports:

– Detailed overview of the Titanium Dioxide Market

– Changes in industry market dynamics

– Detailed market segmentation by type, application, etc.

– Historical, current and projected market size in terms of quantity and value

– Recent industry trends and developments

– Competition situation of Titanium Dioxide Market

– Key companies and product strategies

– Potential niche segment/region showing promising growth.

Finally, the Titanium Dioxide Market Report is the authoritative source for market research that can dramatically accelerate your business. The report shows economic conditions such as major locales, item values, profits, limits, generation, supply, requirements, market development rates, and numbers.

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About Us:Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behaviour shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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