Titanium Dioxide Market Key Players And Growth Analysis With Forecast 2027

The Global Titanium Dioxide Market (TiO2) is estimated to reach USD 22.1 Billion by 2025 at a CAGR of 6.7 %, states forencis research (FSR).

Titanium dioxide (TiO2) alternatively known titania, is the solid inorganic substance which exists in crystalline form naturally. This is white colored, odorless, nontoxic substance with high opacity that possess ability to absorb ultra violet light and shows high photocatalytic activity. It is used to impart bright white color and does not let the color fade for a longer time period. Due to this factors, TiO2 has gained popularity as a crucial component in the catalysis, electronics, photonics, medicine, and many more application areas.

Titanium Dioxide Market: Drivers & Restraints

Market Drivers:

Rise in Demand from Paint and Coating Industry

TiO2 is widely used in the paints and coatings for getting brightness as it scatters the light resulting into more whiteness and opacity. The demand for TiO2 is gaining momentum owing to increasing adoption from the paints and coating sector. Increasing demand for specialty paints and varnishes from the automotive sector. Higher adoption of TiO2 based paints for driverless cars to boost the visibility of the detection systems is also favouring the market growth Increasing demand for automotive vehicles in the emerging regions is projected to propel the market growth higher during the forecast period.

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Increasing Construction Activities

Contruction is another sector, which drives the growth of the TiO2. TiO2 is used in the cement owing to emergence of the titanium dioxide-infused concrete and cements, globally. Greater flexural and compressive strength of TiO2 infused cement is boosting its adoption for the commercial and residential infrastructural applications. The increase in spending dedicated for new construction and refurbishment activies, is projected to augment the global market growth in the years to follow.

Market Restraints:

Occupational Exposure Limits of TiO2

The market for TiO2 is growing at a higher momentum, however, the growth of this market is impacted owing to hazards associated with exposure of TiO2. The Occupational Safety and Health Administration (OSHA) proposed the exprosure limit up to 15 mg/m3 for TiO2. Increased exposure of TiO2 through inhalation, skin contact, eye contact by the workers in the manufacturing sector, which has led to number of health issues. Hence, the National Institute for Occupational Safety and Health (NIOSH) proposed the exposure limits of fine titanium dioxide to be 2.4 mg/m3 and 0.3 mg/m3 for ultrafine titanium dioxide.

Titanium Dioxide Market: Key Segments

  • Key Segments by Grade: Pigment-grade and Ultrafine-grade
  • Key Segments by Production Technology: Sulphur Process and Chloride Process
  • Key Segments by Application: Paints and Coatings, Food and Beverage, Cosmetics and Personal Care, Pulp and Paper, Plastics, Waste Water Purification, Pharmaceutical and Others
  • Key Regions Covered: North America, South America, Europe, Asia-Pacific, Middle East & Africa with individual country-level analysis.

Titanium Dioxide Market: Report Scope

The report on the TiO2 market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

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List of the leading companies operating in the Titanium Dioxide Market include:

  • The Chemours Company (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • Tronox Holdings plc
  • Lomon Billions Group Co. Ltd
  • Venator Materials PLC
  • Kronos Worldwide, Inc.
  • INEOS
  • Huntsman International LLC
  • Evonik Industries AG
  • DuPont
  • Argex Titanium Inc.
  • TAYCA
  • Other Key Companies

Titanium Dioxide Market: Report Segmentation

For the scope of report, In-depth segmentation is offered by Forencis Research

Titanium Dioxide Market, by Grade

  • Pigment-grade
  • Ultrafine-grade

Titanium Dioxide Market, by Production Technology

  • Sulphur Process
  • Chloride Process

Titanium Dioxide Market, by Application

  • Paints and Coatings
  • Food and Beverage
  • Cosmetics and Personal Care
  • Pulp and Paper
  • Plastics
  • Waste Water Purification
  • Pharmaceutical
  • Others

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Titanium Dioxide Market by Region

  • Asia-Pacific (China, Japan, South Korea, India, Taiwan, Rest of Asia-Pacific)
  • North America (US, Canada, Mexico)
  • Europe (Germany, Russia, France, Italy, UK, Spain, The Netherlands, Rest of Europe)
  • Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East & Africa)
  • South America (Brazil, Argentina, Rest of South America)

Key Questions answered by the report

  • What are the major developments impacting the global market and its growth?
  • What will be the effects of the developments in the global market on the industry and on the market players in the near and far future?
  • What are the evolving types of the global market?
  • What are the evolving applications of global market?
  • What are the major characteristics that will affect the global market growth during the study period?
  • Who are the key global players operating in the market?
  • How are the major players leveraging in the existing global market conditions?

Table of Content

1 INTRODUCTION

1.1 Research Objectives

1.2 Market Definition

1.3 Research Scope

1.4 Regional Coverage

1.5 Research Timeline

1.6 Assumptions

1.7 Limitations

2 RESEARCH DESIGN & SCOPE

2.1 Introduction

2.2 Primary Research

2.2.1 Key Industry Expert Insight

2.3 Secondary Research

2.3.1 Vital Data from Secondary Sources

2.4 Market Size Estimation

2.5 Data Validation & Triangulation

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

4.1 Introduction

4.2 Drivers

4.2.1. Rising demand for paints and coatings

4.2.2. Increasing Construction Technology

4.3 Restraints

4.3.1 Exposure Limit of TiO2

4.4 Opportunities

4.4.1. Advent of Titanium Dioxide Nanomaterials

4.5 Challenges

4.5.1 Banned Imposed On Use of Tio2 in Food Application

4.5.2 Volatile Prices of Titanium Dioxide Increasing Imports by China

5 INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS

5.1 Introduction

5.1.1. Power of Buyers

5.1.2. Power of Suppliers

5.1.3. Intensity of Competition

5.1.4. Challenges of Substitutes

5.1.5. Challenges of New Entrants

5.2 Macro-Economic Indicators

6 TITANIUM DIOXIDE MARKET BY GRADE, Market Size in USD Million and Kiloton (2018—2025)

6.1 Introduction

6.2 Pigment-grade

6.3 Ultrafine-grade

7 TITANIUM DIOXIDE MARKET BY PRODUCTION TECHNOLOGY, Market Size in USD Million and Kiloton (2018—2025)

7.1 Introduction

7.2 Sulphur Process

7.3 Chloride Process

8 TITANIUM DIOXIDE MARKET BY APPLICATION, Market Size in USD Million and Kiloton (2018—2025)

8.1 Introduction

8.2 Paints and Coatings

8.3 Food and Beverage

8.4 Cosmetics and Personal Care

8.5 Pulp and Paper

8.6 Plastics

8.7 Waste Water Purification

8.8 Pharmaceutical

8.9 Others

9 TITANIUM DIOXIDE MARKET BY REGION, Market Size in USD Million and Kiloton (2018—2025)

9.1 North America

8.1.1. US

8.1.2. Canada

8.1.3. Mexico

9.2 Europe

8.2.1. Germany

8.2.2. France

8.2.3. Italy

8.2.4. UK

8.2.5. Spain

8.2.6. The Netherlands

8.2.7. Rest of Europe

9.3 Asia-Pacific

8.3.1. China

8.3.2. Japan

8.3.3. India

8.3.4. South Korea

8.3.5. Taiwan

8.3.6. Rest of Asia-Pacific

9.4 Middle East & Africa

8.4.1. Saudi Arabia

8.4.2. UAE

8.4.3. Rest of Middle East

9.5 South America

8.5.1. Brazil

8.5.2. Argentina

8.5.3. Rest of South America

10 COMPETITIVE LANDSCAPE

10.1 Introduction

10.2 Market Ranking/Share Analysis of Key Companies

10.3 Company Benchmarking

11 COMPANY PROFILES

11.1 The Chemours Company

11.1.1 Company Overview

11.1.2 Financial Overview

11.1.3 Products/Solutions/Services Offered

11.1.4 Key Developments

11.1.5 SWOT Analysis

11.2 Tronox Holdings plc

11.3 Lomon Billions Group Co., Ltd

11.4 Venator Materials PLC

11.5 Kronos Worldwide, Inc.

11.6 INEOS

11.7 Huntsman International LLC

11.8 Evonik Industries AG

11.9 DuPont

11.10 Argex Titanium Inc.

11.11 TAYCA

11.12 Other Key Companies

12 APPENDIX

12.1 Key Industry Expert Insights

12.2 Primary Discussion Guide

12.3 Customization Options

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