Titanium Dioxide Market Set For Exponential Growth 2019–20
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Prominent players in the market
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. Partnerships and mergers and acquisitions are the two key strategies adopted by the players present in this market.
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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.
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.
Filling in the gaps
It will not be wrong to say that the Titanium dioxide market report talks about customer experience that matters to every business owner planning to leverage the strategic insights for their brand growth. The case studies included in the study further demonstrate how recent innovation, mergers or acquisitions, new launches, research and development etc. have enables prominent leaders to curb toughest issues related to production volumes, demand and supply, supply chain management and more.
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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.
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)
Read More @ https://www.marketwatch.com/press-release/Tit...2019-08-27
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