Titanium Dioxide Market Reports to 2030 | Industry Size, Growth, Analysis and Forecast

NEW YORK - Sept. 1, 2022 - PRLog -- According to ChemAnalyst report, "Titanium Dioxide Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End Use, Distribution Channel, Regional Demand, 2015-2030", Titanium Dioxide market has grown significantly in the historic period and is expected to achieve a very impressive CAGR of 7.35% in the forecast period until 2030. Growing demand of Titanium Dioxide in the automotive and construction sector coupled with increasing need of pigments in various end-use industries including personal care, pharmaceutical, construction, automotive, and others is expected to accelerate the market of Titanium dioxide across the globe in upcoming years.

Titanium Dioxide with a chemical formula (TiO₂ ) is a natural occurring metal element. It is basically an Oxide of Titanium which is present in three forms anatase, rutile, and brookite. Titanium Oxide has high refractive index (RI) due to which it finds application in most of the areas where white colour or gloss is required. As Titanium Dioxide is considered safe and an inert material, it is used in numerous Industrial and commercial applications including paints and coatings, plastics and rubber, adhesives, paper, printing inks, coated fabrics and textiles, ceramics, floor coverings, roofing materials, cosmetics, toothpaste, soap, water treatment agents and others. Due to various novel and useful properties of Titanium Dioxide, TiO₂ nanoparticles have increasingly manufactured and used in the development of nanotechnologies.

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Global Titanium Dioxide Market is segmented based on application, end use, distribution channel and region. On the basis of Application, the global Titanium Dioxide market is segmented into Paints, Coatings, Plastics, Pigment, Pulp and Paper, Cosmetics, Photoelectrode and others. The paint and coating industry dominated the global market for Titanium Dioxide in 2020 and is expected to maintain its dominance in the coming years. The dominance of the Paints and coatings segment is due to increased use of TiO₂ for architectural coatings, protective coatings, general industrial finishes, powder coatings, waterborne paints, and other coatings. It is extensively used as a white pigment material in the paints and coatings industry. It scatters visible light, hence, imparts whiteness, brightness, and opacity when incorporated into a coating, which makes it widely used in the paint and coating industry.

Major players for titanium dioxide globally include DuPont, Tronox Limited, The Chemours Company Chemours, NL Industries, Inc, Shandong Doguide Group Co., Ltd, Argex Titanium Inc., Huntsman International LLC., Evonik Industries, Tayca Corporation, and Others.