Mar 19, 2020 (Brandessence Market Research via COMTEX) -- In its latest report on Titanium Dioxide Market provides a concise analysis of the recent market trends. The report further includes statistics, market forecasts and revenue estimations, which in addition highlights its status in the competitive domain as well as expansion trends adopted by major industry players.
Scope of The Report:
The escalation in demand for the vehicles which are lightweight because of the stricter policies of emission has been expected to enhance the fuel-efficiency and safety and has been expected to have a good amount of impact on the global titanium dioxide market in the period of forecast.
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Titanium dioxide has a lot of applications and scope in the printing inks, chemical fibers and rubber. In the printing inks, they are used for lamination, screen printing, metal decorative and UV-Cured. The rapid expansion in the construction sector particularly in the United States has been expected to be contributing to product demands in the years which are going to come.
The segment of painting and coating has been leading the global titanium dioxide market in the last few years. The material has been used in the painting of vehicles because of their brightness. The higher refractive index being high also makes it suitable for the vehicles to add to their attraction with gloss.
Key Players in the Titanium Dioxide Market Report
A few of the major manufacturers in the global titanium dioxide market are Huntsman Corporation, du pont de Nemours, Chemours Company, NL Industries, Lanka Mineral Sands Ltd., Venator Materials corporation and a few other companies. They have been gaining market though the regional expansions and the other strategies which they have followed like the mergers and acquisitions.
Increased Usage In Infrastructure Development Leading To The Growth In The Global Titanium Dioxide Market
The increase of investment in the infrastructure development has been a major feature of the developing economies and this has been growing this market considerably. There is demand for the coatings that are anti-corrosion and these are going to spur the growth in the global titanium dioxide market. They use the product as a whitening agent and it is used in the market of redecoration and also expected to therefore contribute to the growth in the industry in the period of forecast. The industry has been widely seeing use in the market for making of masterbaches. There are substitutes available for the product though which may increase the restraining factors of the global titanium dioxide market.
The rise in the number of construction products both residential and also non-residential are propelling the demand for these paintings and coatings and thereby boosting the overall growth of the global titanium dioxide market. Further the higher demand for architectural coatings which are anti-corrosive in the pigments have been increasing the world. The global titanium dioxide market has over the years become a profitable market and is seeing a good amount of growth and is going to further see a good amount of growth in the next few years. The materials which are lightweight upon coating with the titanium dioxide leads to the increase in durability, persistence, durability and the resistance to scratches.
Market by Regional Analysis
North America (USA, Canada, Mexico), Europe (UK, France, Germany, Russia, Rest of Europe), Asia-Pacific (China, South Korea, India, Japan, Rest of Asia-Pacific), LAMEA, Latin America, Middle East, Africa
Asia Pacific Followed By Europe In The Global Titanium Dioxide Market In Terms Of Growth
Asia Pacific has held the dominant position and also expected to hold this position for the coming years and has been expected to propel the demand for the Titanium Dioxide. Europe has also been offering a lot of opportunities. Another reason behind the growth is the increase in the presence of the electric vehicles particularly in the regions of Germany. North America too is showing a good amount of growth in the market. This is only going to increase with the increase in the overall market of electric vehicles and climate awareness. There are natural disasters which are also boosting the market in United States particularly.
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Titanium Dioxide Key Market Segments:
Paints and Coatings
Paper and Pulp
By Regional & Country Analysis:
Middle East and Africa
Rest of Middle East and Africa
Table of Content
1. Chapter - Report Methodology
1.1. Research Process
1.2. Primary Research
1.3. Secondary Research
1.4. Market Size Estimates
1.5. Data Triangulation
1.6. Forecast Model
1.7. USP's of Report
1.8. Report Description
2. Chapter - Global Titanium Dioxide Market Overview: Qualitative Analysis
2.1. Market Introduction
2.2. Executive Summary
2.3. Global Titanium Dioxide Market Classification
2.4. Market Drivers
2.5. Market Restraints
2.6. Market Opportunity
2.7. Titanium Dioxide Market: Trends
2.8. Porter's Five Forces Analysis
2.8.1. Bargaining Power of Suppliers
2.8.2. Bargaining Power of Consumers
2.8.3. Threat of New Entrants
2.8.4. Threat of Substitute Product and Services
2.8.5. Competitive Rivalry within the Industry
2.9. Market Attractiveness Analysis
2.9.1. Market Attractiveness Analysis by Segmentation
2.9.2. Market Attractiveness Analysis by Region