Covid19:Global Titanium Dioxide Market (TiO2) is estimated to reach USD 22.1 Billion by 2025

Titanium Dioxide Market: Summary

The Global Titanium Dioxide Market (TiO2) is estimated to reach USD 22.1 Billion by 2025 at a CAGR of 6.7 %, states forencis research (FSR).

Titanium dioxide (TiO2) alternatively known titania, is the solid inorganic substance which exists in crystalline form naturally. This is white colored, odorless, non-toxic substance with high opacity that possess ability to absorb ultra violet light and shows high photocatalytic activity. It is used to impart bright white color and doesnot let the color fade for a longer time period. Due to this factors, TiO2 has gained popularity as a crucial component in the catalysis, electronics, photonics, medicine, and many more application areas.

Titanium Dioxide Market: Drivers & Restraints

Market Drivers:

Rise in Demand from Paint and Coating Industry

TiO2 is widely used in the paints and coatings for getting brightness as it scatters the light resulting into more whiteness and opacity. The demand for TiO2 is gaining momentum owing to increasing adoption from the paints and coating sector. Increasing demand for specialty paints and varnishes from the automotive sector. Higher adoption of TiO2 based paints for driverless cars to boost the visibility of the detection systems is also favoring the market growth Increasing demand for automotive vehicles in the emerging regions is projected to propel the market growth higher during the forecast period.

Increasing Construction Activities

Contraction is another sector, which drives the growth of the TiO2. TiO2 is used in the cement owing to emergence of the titanium dioxide-infused concrete and cements, globally. Greater flexural and compressive strength of TiO2 infused cement is boosting its adoption for the commercial and residential infrastructural applications. The increase in spending dedicated for new construction and refurbishment actives, is projected to augment the global market growth in the years to follow.

Request The Report Sample PDF of Global Titanium Dioxide Market @ https://www.forencisresearch.com/titanium-dioxide-market-sample-pdf/

Market Restraints:

Occupational Exposure Limits of TiO2

The market for TiO2 is growing at a higher momentum, however, the growth of this market is impacted owing to hazards associated with exposure of TiO2. The Occupational Safety and Health Administration (OSHA) proposed the exposure limit up to 15 mg/m3 for TiO2. Increased exposure of TiO2 through inhalation, skin contact, eye contact by the workers in the manufacturing sector, which has led to number of health issues. Hence, the National Institute for Occupational Safety and Health (NIOSH) proposed the exposure limits of fine titanium dioxide to be 2.4 mg/m3 and 0.3 mg/m3 for ultrafine titanium dioxide.

Titanium Dioxide Market: Key Segments

  • Key Segments by Grade: Pigment-grade andUltrafine-grade
  • Key Segments by Production Technology: Sulphur Process andChloride Process
  • Key Segments by Application: Paints and Coatings, Food and Beverage, Cosmetics and Personal Care, Pulp and Paper, Plastics, Waste Water Purification, Pharmaceutical andOthers
  • Key Regions Covered: North America, South America, Europe, Asia-Pacific, Middle East & Africawith individual country-level analysis.

Request Report Methodology On Competition On Global Titanium Dioxide Market@ https://www.forencisresearch.com/titanium-dioxide-market-request-methodology/

Key Companies Covered

  • The Chemours Company (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • Tronox Holdings plc
  • Lomon Billions Group Co. Ltd
  • Venator Materials PLC
  • Kronos Worldwide, Inc.
  • INEOS
  • Huntsman International LLC
  • Evonik Industries AG
  • DuPont
  • Argex Titanium Inc.
  • TAYCA
  • Other Key Companies

Titanium Dioxide Market: Report Segmentation

For the scope of report, In-depth segmentation is offered by Forencis Research

Titanium Dioxide Market, by Grade

  • Pigment-grade
  • Ultrafine-grade

Titanium Dioxide Market, by Production Technology

  • Sulphur Process
  • Chloride Process

Consult With an Analyst of Global Titanium Dioxide Market for More Information @ https://www.forencisresearch.com/titanium-dioxide-market-consult-with-an-analyst/

Titanium Dioxide Market, by Application

  • Paints and Coatings
  • Food and Beverage
  • Cosmetics and Personal Care
  • Pulp and Paper
  • Plastics
  • Waste Water Purification
  • Pharmaceutical
  • Others

Titanium Dioxide, by Region

Asia-Pacific

  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Rest of Asia-Pacific

North America

  • US
  • Canada
  • Mexico

Europe

  • Germany
  • France
  • Italy
  • UK
  • The Netherlands
  • Rest of Europe

Middle East and Africa

  • Saudi Arabia
  • UAE
  • Rest of Middle East & Africa

South America

  • Brazil
  • Argentina
  • Rest of South America

Purchase Global Titanium Dioxide Market Premium Industry Research Report with Analysis @ https://www.forencisresearch.com/titanium-dioxide-market-purchase-now/

About Forencis Research

Forencis Research is a B2B market research, intelligence and advisory firm engaging in market research and consulting services across leading industries, globally. Our robust and meticulous research team provides high growth and niche syndicated reports, customized reports and consulting reports to the diverse global fortune clientele and intellectual institutions. Forencis Research database is a constantly evolving pool of reports and white paper studies which helps companies to foster accelerated revenue growth in global and regional markets. Forencis Research delivers market research and consulting reports on high growth markets to help companies dominate their competition and set themselves apart by attaining increased revenue growth. To enable exclusive insights around the target market, Forencis Research employs robust research Methodology & Design which includes data acquisition, data synthesis and data correlation, through Primary and Secondary Research. Through the obtained data, Top-down and bottom-up methods are exercised to attain and verify data sanity within the entire market. This market data is yet again correlated with Forencis Research’s internal database before presenting it in any of our final publications. These methods of data correlation and amalgamation benefit us to put forward accurate market estimates enabling our clients to transform their business, markets and most importantly their “REVENUES”.

Contact Us

FORENCIS RESEARCH

Phone: +1 (720) 306 9020

Email: info@forencisresearch.com

For more market research insights, please visit https://www.forencisresearch.com

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
DataBridge Market Research

DataBridge Market Research

28 Followers

Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approach