Titanium Dioxide Market: Global Industry Analysis and Forecast (2021-2027) Trends, Statistics, Dynamics, Segmentation by Grade, Application, and Region.

Titanium Dioxide Market reached a value of US $ 17.28 Bn. in 2020. Anatase is one of the dominating segment of the Global Titanium Dioxide Market.

Titanium Dioxide Market Overview:

Titanium Dioxide is a non-toxic antimicrobial inorganic compound with a chemical formula of TiO2. It is a white, water-insoluble solid, though mineral forms are appeared black. Titanium Dioxide is a chemically inert and low-risk chemical, and it is utilized for a variety of purposes. For its ability to impart whiteness and opacity, titanium dioxide powders are widely used for a variety of items, such as paints, adhesives, papers, and cosmetics. Titanium dioxide has excellent light scattering characteristics and a high refractive index, indicating that just a small amount of the pigment is needed for an opaque or white coating, enhancing its use in a variety of technological products. Titanium Dioxide Market To know about the Research Methodology :- Request Free Sample Report 2020 is considered as a base year to forecast the market from 2021 to 2027. 2020’s market size is estimated on real numbers and outputs of the key players and major players across the globe. Past five years' trends are considered while forecasting the market through 2027. 2020 is a year of exception and analyzed especially with the impact of lockdown by region.

Global Titanium Dioxide Market Dynamics:

The Titanium Dioxide market is being driven by the increasing use of titanium dioxide in various end-user sectors such as lightweight automobiles, increased plastic production, and growing demand for paints and coatings in the construction industry, notably in the industrial sector. The growing demand for lightweight automobiles has had a positive impact on the titanium dioxide market share. These factors are driving the titanium dioxide market across the globe. The growing construction industry, with both residential and non-residential organizations, across the globe is boosting the demand for paints and coatings. The housing market in the United States is increasingly growing. The total construction value in April 2021 increased by 9.8% over April 2020, according to the US Census Bureau. China, India, and other Southeast Asian countries are the core of construction activity in the APAC region, which is the largest market for the construction industry. Rapid urbanization and industrialization, as well as an increase in purchasing power parity with the high standard of livings, are driving the construction industry. Nano-sized titanium dioxide is utilized as a catalyst support material and is mostly used in the automotive industry to reduce harmful gas emissions and remove nitrous oxides from power plants. Furthermore, rising advancements in the automotive sector are driving up demand for paints and coatings. However, concerns about titanium dioxide's adverse effects, such as the fact it is a potential carcinogen for humans and can harm the environment, are expected to hamper its acceptance and act as a restraining factor for market growth. The continuous fluctuations in the cost of raw materials such as ilmenite and rutile create price volatility in titanium dioxide. As a result, any variations in their pricing have an impact on the product's manufacturing costs. Furthermore, the switch to the chloride method for titanium dioxide production has an impact on titanium dioxide prices.

Global Titanium Dioxide Market Segment Analysis:

Based on the Grade, the Titanium Dioxide Market is segmented into Rutile and Anatase. The Anatase grade segment held the largest market share accounted for 67% in 2020. Extensive use of anatase grade in indoor paints and paper manufacturing are driving the product growth for this segment. The high photocatalytic effect and wide specific surface of anatase titanium dioxide have promoted its use in photocatalysts, air purifiers, solar cells, gas sensors, and lithium batteries, among other applications. These applications are also predicted to add to the segment's revenue growth. Based on the Application, the Titanium Dioxide Market is segmented into Paints and Coatings, Plastics, Paper and Pulp, Cosmetics, and Others. The Paints and Coatings segment held the largest market share, accounting for 63 % in 2020. The most popular uses for titanium dioxide are paints and varnishes, as well as paper and plastics, which account for over 80% of global usage. Other pigment applications include printing inks, textiles, rubber, cosmetics, and food, accounting for 8% of the total. The rest is used to manufacture technical pure titanium, as well as glass and glass ceramics, electrical ceramics, metal patinas, catalysts, electric conductors, and chemical intermediates. With the rapid growth of the construction and automotive end-use industries, the paints and coatings industry is expected to grow rapidly during the forecast period. The Plastics segment is expected to witness rapid growth at a CAGR of xx% during the forecast period. The titanium dioxide improves the mechanical strength and electrical properties of plastic products. In addition, it protects from UV light and high temperatures. The rising demand for plastics in the automotive and construction industry is expected to fuel the Titanium Dioxide Market growth during the forecast period. The pulp & paper segment is also expected to witness significant growth during the forecast period. The segment growth is attributed to its increasing usage as a filler in pulp & paper production. Titanium Dioxide Market

Global Titanium Dioxide Market Regional Insights:

Asia Pacific region held the largest market share accounted for 41.6% in 2020, and is expected to grow at a CAGR of xx% during the forecast period. Rising construction activity in China, India, and Southeast Asia has fueled demand for paints and coatings in the region, which is expected to drive up product demand. In addition, the region's increased demand for lightweight automobiles is fuelling product demand in automotive coatings applications. North America region is expected to witness significant growth at a CAGR of xx% during the forecast period. The region's overall growth is driven by increasing investments in infrastructure development projects, rapid urbanization, improved living standards, and growing automobile industry, as well as high economic growth. In addition, increasing consumer demand for sunscreens with enhanced UV protection, expansion in the automotive sector, and the presence of key market players in the region are driving the titanium dioxide market growth. The objective of the report is to present a comprehensive analysis of the Titanium Dioxide Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also help in understanding the Titanium Dioxide Market dynamic, structure by analyzing the market segments and projecting the Titanium Dioxide Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Titanium Dioxide Market make the report investor’s guide.

Global Titanium Dioxide Market Scope: Inquire before buying

Titanium Dioxide MarketGlobal Titanium Dioxide Market by Region

• North America • Europe • Asia Pacific • South America • The Middle East and Africa

Global Titanium Dioxide Market Key Players

• Du Pont • Tronox Ltd. • The Chemours Company • NL Industries, Inc. • Huntsman Corp. • Evonik Industries • Argex Titanium Inc. • Grupa Azoty • INEOS • Kemipex • KRONOS Worldwide Inc. • Lomon Billions • Precheza • TAYCA • The Kish Company Inc. • Venator Materials PLC Frequently Asked Questions: 1] What segments are covered in the Titanium Dioxide Market report? Ans. The segments covered in the Titanium Dioxide Market report are based on Grade and Application. 2] Which region is expected to hold the highest share in the Titanium Dioxide Market? Ans. The Asia Pacific region is expected to hold the highest share in the Titanium Dioxide Market. 3] What is the market size of the Titanium Dioxide Market by 2027? Ans. The market size of the Titanium Dioxide Market by 2027 is US $ 29.29 Bn. 4] What is the forecast period for the Titanium Dioxide Market? Ans. The Forecast period for the Titanium Dioxide Market is 2020-2027. 5] What was the market size of the Titanium Dioxide Market in 2020? Ans. The market size of the Titanium Dioxide Market in 2020 was US $ 17.28 Bn.
1. Global Titanium Dioxide Market Size: Research Methodology 2. Global Titanium Dioxide Market Size: Executive Summary 2.1. Market Overview and Definitions 2.1.1. Introduction to Global Titanium Dioxide Market Size 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Titanium Dioxide Market Size: Competitive Analysis 3.1. MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Developments by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • Latin America 3.12. COVID-19 Impact 4. Global Titanium Dioxide Market Size Segmentation 4.1. Global Titanium Dioxide Market Size, by Grade (2020-2027) • Rutile • Anatase 4.2. Global Titanium Dioxide Market Size, by Application (2020-2027) • Paints and Coatings • Plastics • Paper and Pulp • Cosmetics • Others 5. North America Titanium Dioxide Market(2020-2027) 5.1. Global Titanium Dioxide Market Size, by Grade (2020-2027) • Rutile • Anatase 5.2. Global Titanium Dioxide Market Size, by Application (2020-2027) • Paints and Coatings • Plastics • Paper and Pulp • Cosmetics • Others 5.3. North America Titanium Dioxide Market, by Country (2020-2027) • United States • Canada • Mexico 6. European Titanium Dioxide Market (2020-2027) 6.1. European Titanium Dioxide Market, by Grade (2020-2027) 6.2. European Titanium Dioxide Market, by Application (2020-2027) 6.3. European Titanium Dioxide Market, by Country (2020-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Titanium Dioxide Market (2020-2027) 7.1. Asia Pacific Titanium Dioxide Market, by Grade (2020-2027) 7.2. Asia Pacific Titanium Dioxide Market, by Application (2020-2027) 7.3. Asia Pacific Titanium Dioxide Market, by Country (2020-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. The Middle East and Africa Titanium Dioxide Market (2020-2027) 8.1. The Middle East and Africa Titanium Dioxide Market, by Grade (2020-2027) 8.2. The Middle East and Africa Titanium Dioxide Market, by Application (2020-2027) 8.3. The Middle East and Africa Titanium Dioxide Market, by Country (2020-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. Latin America Titanium Dioxide Market (2020-2027) 9.1. Latin America Titanium Dioxide Market, by Grade (2020-2027) 9.2. Latin America Titanium Dioxide Market, by Application (2020-2027) 9.3. Latin America Titanium Dioxide Market, by Country (2020-2027) • Brazil • Argentina • Rest Of Latin America 10. Company Profile: Key players 10.1. Du Pont 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Tronox Ltd. 10.3. The Chemours Company 10.4. NL Industries, Inc. 10.5. Huntsman Corp. 10.6. Evonik Industries 10.7. Argex Titanium Inc. 10.8. Grupa Azoty 10.9. INEOS 10.10. Kemipex 10.11. KRONOS Worldwide Inc. 10.12. Lomon Billions 10.13. Precheza 10.14. TAYCA 10.15. The Kish Company Inc. 10.16. Venator Materials PLC

About This Report

Report ID 126802
Category Material & Chemical
Published Date Nov 2021
Updated Date
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