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Titanium Dioxide Market 2019-2030 | Prominent Players - Evonik Industries, Cristal, Tronox Limited, NL Industries, Inc, Tayca Corporation

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Oct 07, 2019 (WiredRelease via COMTEX) -- Market Industry Reports (MIR) has published a new deep-dive market assessment study on “Global Titanium Dioxide Market – Analysis and Forecast, 2019–2030.” Intensive research on the market showcases promising growth trajectory of the market. The titanium dioxide market was estimated to be over US$ 14.0 Bn in 2018. It is anticipated to grow at a CAGR 5.2% from 2019 to 2030.

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Few Emerging Market players includes:

Huntsman Corporation
The Chemours Company
Evonik Industries
Tronox Limited
E. I. du Pont de Nemours and Company
NL Industries, Inc.
Kronos Worldwide Inc.
Argex Titanium Inc.
Tayca Corporation

Titanium dioxide is also called as titanium oxide or titania, it is a naturally occurring oxide derived from ilmenite, rutile, and anatase. Titanium dioxide is mostly used in paints and coatings application due to its anti-corrosive properties, high refractive index and high stability. Rising environmental concerns is leading to stringent emission norms made by various regulatory bodies, which is resulting in, growing demand for lightweight vehicles to increase the fuel efficiency. To meet the rising demand for light weight material titanium dioxide is emerging as a better alternative to conventional coating. As, titanium dioxide increases the stability, durability, scratch resistance and persistence when coated to lightweight materials.

Rising utilization of pigments, growing application of titanium dioxide in chemical fibers, inks and printing rubber and increasing demand for lightweight materials are the major driving factors present in the global titanium dioxide market. However, instability in the prices of raw materials and lack of awareness about benefits associated with titanium dioxide coating are the major limiting factors present in the operating market. 

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Key Questions That the Report Answers From Geographic Standpoint

The geographic scope, as per the report, is segregated into North America, Europe, Asia-Pacific, and Rest of the World (RoW). The report will throw light on which regional market is currently dominating the market and which regional market is likely to witness highest CAGR in the coming years.

The report will also provide insights on country level markets which are driving various regional markets

Comprehensive qualitative and quantitative insights will be provided for both regional and country level markets

Key Questions That the Report Answers From Segmentation Standpoint

Based on offering of players, the report has been analyzed from 1 perspectives: By Application

The report comprehensively analyzes the market from various perspective which provides bird-eye view of the market to concerned stakeholders 

Each perspective is drill-down at granular level which ensures deep-dive assessment of the market

Historical and forecasted data is provided at segment and sub-segment level which showcases the evolution curve of the market

Key Questions That the Report Answers From Competition Standpoint

The report provides deep-rooted insights with respect to key players operating in the market

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