The latest market intelligence report on the Titanium Dioxide Market
aims at exploring the unknown and coming up with solutions to the potential threats and challenges faced by the Titanium dioxide market for the forecast period, 2019 - 2030. The study includes valuable data, including the breakdown of information of market by type, geography, product application and classification.
Key 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 generally realized that Titanium dioxide or titania has a wide scope of uses because of its novel properties like its enemy of destructive properties, high strength, and its high refractive file. It discovers its application in printing inks, substance strands bundling, elastic, development, and water tanks; it is likewise utilized in covering and painting applications. The widening use of titanium dioxide as a material in sunlight based photovoltaic (PV) is giving producers working in this market another chance.
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.
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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.
Research provides answer to following questions
1. What are the future opportunities in store for the vendors operating in the Titanium dioxide market?
2. What does the competitive landscape look like?
3. Which emerging technologies are believed to impact the Titanium dioxide market performance?
4. What are the key trends and dynamics?
5. Which regulations that will impact the industry?
6. Which segment will offer the most opportunity for growth between 2019 and 2030?
7. Where will most developments take place in the long term?
Read More @ https://www.marketwatch.com/press-release/Tit...2019-08-27
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