Titanium Dioxide Market Insights, Industry, Trends, Forecast
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Posted On: 05/23/2019 6:33:07 AM
Market Industry Reports (MIR) has published a new report titled “ Titanium Dioxide Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030.” According to the report, the global titanium dioxide market was valued at over US$ 14.0 Bn in 2018 and is anticipated to grow at a healthy CAGR during the forecast period of 2019-2030.
Rising demand from various end use industries such as automotive, construction, plastics, and cosmetics and growing demand for lightweight vehicles are some of the pivotal factors augmenting the market growth.
Get Free PDF Sample Copy @https://www.marketindustryreports.com/pdf/59
Growing Demand from the Cosmetics Industry
Surging demand for cosmetics products is another factor driving the market growth. The cosmetic market is witnessing growth owing to rise in purchasing power of the consumers, and increasing awareness regarding self-grooming. Titanium dioxide is used as a pigment and thickener in face creams. Moreover, owing to its UV absorption characteristics it is also used in sunscreen products. With growing cosmetic industry, the demand for titanium dioxide is also expected to rise concomitantly.
Escalating Demand for Lightweight Vehicles
Titanium dioxide market is driven by growing demand for lightweight vehicles. Owing to stringent norms related to automotive emission control across the globe, increasing concerns regarding fuel efficiency and reduction in carbon footprint, manufacturers are focusing on reducing the weight of the vehicle. Titanium dioxide is used for coating polycarbonate structures which is use in manufacturing of automobiles. It provides stability, scratch resistance, and durability to the product. Globally flourishing automotive industry is expected to favorably impact the demand for titanium dioxide in the coming years.
Browse key industry insights spread across 150 pages with market data tables & figures & charts from the report, Titanium Dioxide Market by Application (Paints & coatings, Plastic, Pulp & paper, Cosmetics and Others) - Global Analysis & Forecast, 2019-2030 in detail along with the table of contents:https://www.marketindustryreports.com/59/titanium-dioxide-market
Market Restraint
Due to its carcinogenic effects titanium dioxide is highly regulated. Stringent government guidelines are one of the critical factors hindering the market growth. Income Recognition and Asset Classification (IRAC) has classified it under 2B carcinogens category. Furthermore, high cost of titanium dioxide is another major factor curbing the market growth across the globe.
Titanium Dioxide Market KeyPlayers
Mergers and acquisitions and joint ventures are the two key strategies adopted by the market players to enhance their market presence. Huntsman Corporation, The Chemours Company, Cristal, Tronox Limited, and Kronos Worldwide Inc. are the leading players present in this market. E. I. du Pont de Nemours and Company, Evonik Industries, NL Industries, Inc. and Argex Titanium Inc are some of the other key players present in this market.
Get Exclusive Discount @ https://www.marketindustryreports.com/discount/59
• What will be the marketing and pricing strategies followed by the prominent vendors operating in the Titanium Dioxide Market for the forecast period, 2019 to 2030?
• What are new uses for the existing products or services and how have they contributed in increasing the demand for products or services?
• What are the general conditions prevailing and influencing the business environment of the Titanium Dioxide market?
• Who are the major manufacturers exploring new regions for their products and services?
• What will be the status of demand and supply and distribution channel requirements worldwide in the coming years?
• What will be the market share of the Titanium Dioxide Market over the various time periods?
Read more: https://www.marketindustryreports.com/59/tita...ide-market
About Market Industry Reports-
Market Industry Reports is a global leader in market measurement & advisory services, Market Industry Reports is at the forefront of innovation to address the worldwide industry trends and opportunities. We identified the caliber of market dynamics & hence we excel in the areas of innovation and optimization, integrity, curiosity, customer and brand experience, and strategic business intelligence through our research.
We continue to pioneer state-of-the-art approach in research & analysis that makes complex world simpler to stay ahead of the curve. By nurturing the perception of genius and optimized market intelligence we bring proficient contingency to our clients in the evolving world of technologies, megatrends and industry convergence. We empower and inspire Vanguards to fuel and shape their business to build and grow world-class consumer products.
Contact Us -
502, Sai Radhe, Kennedy Road,
Behind Hotel Sheraton Grand,
Near Pune Station, Pune 411 001
Email: sales@marketindustryreports.com
Phone: +91 9673535933
Website: https://www.marketindustryreports.com/
Follow Us- LinkedIn | Twitter | Facebook
Rising demand from various end use industries such as automotive, construction, plastics, and cosmetics and growing demand for lightweight vehicles are some of the pivotal factors augmenting the market growth.
Get Free PDF Sample Copy @https://www.marketindustryreports.com/pdf/59
Growing Demand from the Cosmetics Industry
Surging demand for cosmetics products is another factor driving the market growth. The cosmetic market is witnessing growth owing to rise in purchasing power of the consumers, and increasing awareness regarding self-grooming. Titanium dioxide is used as a pigment and thickener in face creams. Moreover, owing to its UV absorption characteristics it is also used in sunscreen products. With growing cosmetic industry, the demand for titanium dioxide is also expected to rise concomitantly.
Escalating Demand for Lightweight Vehicles
Titanium dioxide market is driven by growing demand for lightweight vehicles. Owing to stringent norms related to automotive emission control across the globe, increasing concerns regarding fuel efficiency and reduction in carbon footprint, manufacturers are focusing on reducing the weight of the vehicle. Titanium dioxide is used for coating polycarbonate structures which is use in manufacturing of automobiles. It provides stability, scratch resistance, and durability to the product. Globally flourishing automotive industry is expected to favorably impact the demand for titanium dioxide in the coming years.
Browse key industry insights spread across 150 pages with market data tables & figures & charts from the report, Titanium Dioxide Market by Application (Paints & coatings, Plastic, Pulp & paper, Cosmetics and Others) - Global Analysis & Forecast, 2019-2030 in detail along with the table of contents:https://www.marketindustryreports.com/59/titanium-dioxide-market
Market Restraint
Due to its carcinogenic effects titanium dioxide is highly regulated. Stringent government guidelines are one of the critical factors hindering the market growth. Income Recognition and Asset Classification (IRAC) has classified it under 2B carcinogens category. Furthermore, high cost of titanium dioxide is another major factor curbing the market growth across the globe.
Titanium Dioxide Market KeyPlayers
Mergers and acquisitions and joint ventures are the two key strategies adopted by the market players to enhance their market presence. Huntsman Corporation, The Chemours Company, Cristal, Tronox Limited, and Kronos Worldwide Inc. are the leading players present in this market. E. I. du Pont de Nemours and Company, Evonik Industries, NL Industries, Inc. and Argex Titanium Inc are some of the other key players present in this market.
Get Exclusive Discount @ https://www.marketindustryreports.com/discount/59
• What will be the marketing and pricing strategies followed by the prominent vendors operating in the Titanium Dioxide Market for the forecast period, 2019 to 2030?
• What are new uses for the existing products or services and how have they contributed in increasing the demand for products or services?
• What are the general conditions prevailing and influencing the business environment of the Titanium Dioxide market?
• Who are the major manufacturers exploring new regions for their products and services?
• What will be the status of demand and supply and distribution channel requirements worldwide in the coming years?
• What will be the market share of the Titanium Dioxide Market over the various time periods?
Read more: https://www.marketindustryreports.com/59/tita...ide-market
About Market Industry Reports-
Market Industry Reports is a global leader in market measurement & advisory services, Market Industry Reports is at the forefront of innovation to address the worldwide industry trends and opportunities. We identified the caliber of market dynamics & hence we excel in the areas of innovation and optimization, integrity, curiosity, customer and brand experience, and strategic business intelligence through our research.
We continue to pioneer state-of-the-art approach in research & analysis that makes complex world simpler to stay ahead of the curve. By nurturing the perception of genius and optimized market intelligence we bring proficient contingency to our clients in the evolving world of technologies, megatrends and industry convergence. We empower and inspire Vanguards to fuel and shape their business to build and grow world-class consumer products.
Contact Us -
502, Sai Radhe, Kennedy Road,
Behind Hotel Sheraton Grand,
Near Pune Station, Pune 411 001
Email: sales@marketindustryreports.com
Phone: +91 9673535933
Website: https://www.marketindustryreports.com/
Follow Us- LinkedIn | Twitter | Facebook
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