Titanium dioxide Market is anticipated to grow at a healthy CAGR
Post# of 40
Key Players
Kronos Worldwide, Inc., The Chemours Company, Tronox Limited, and Huntsman Corp., are the dominant players operating in this market. Evonik Industries, Cristal and E. I. du Pont de Nemours and Company are some of the other prominent players operating in the market.
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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.
It is widely known that Titanium dioxide or titania has a broad range of applications due to its unique properties like its anti-corrosive properties, high stability, and its high refractive index. It finds its application in printing inks, chemical fibers packaging, rubber, construction, and water tanks; it is also used in coating and painting applications. The broadening usage of titanium dioxide as a material in solar photovoltaic (PV) is giving manufacturers operating in this market a new opportunity.
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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.
Dealing with the competition and competitors
The subject matter experts conducting the study offer a deep understanding of how prominent leaders have managed to navigate the potential buyers and competitive dynamics influencing their brand positioning in the industry The Titanium dioxide market analysis provides everything a business owner needs in order to succeed.
Growing Demand from the Cosmetics Industry
Surging demand for cosmetics products is another factor driving the Titanium dioxide 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.
Major points of Table of Content
1. INTRODUCTION
2. RESEARCH METHODOLOGY
3. ABSTRACT OF THE STUDY
4. MARKET DYNAMICS ASSESMENT
5. UNIQUE SELLING PROPOSITIONS (USPs)
6. MARKET - ANALYSIS & FORECAST, BY PRODUCT
7. MARKET - ANALYSIS & FORECAST, BY APPLICATION
8. MARKET - ANALYSIS & FORECAST, BY REGION
9. COMPETETIVE LANDSCAPE
10. COMPANY PROFILES (Business Overview, Products & Services Offered, Financial Performance, R&D Intensity, Marketing & Sales Intensity, Recent Developments, Analyst Corner)
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