Title: Global Titanium Dioxide Market 2023
1 Global Titanium Dioxide Market 2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
2Global Titanium Dioxide Market 2023
Global Titanium Dioxide Market 2023 Industry
Survey, Growth, CompetitiveLandscape and
Forecasts to 2023
- Global titanium dioxide market is driven by
increasing demand for lightweight vehicles,
growing global plastic production, surging
demand for paints coatings in construction an
other industries. Among these factors increasing
demand of lightweight vehicles is expected to
have high impact on the global titanium oxide
market demand. - Owing to stringent regualtions on fuel efficiency
by governments and regulatory agencies across
the globe, manufacturers are focusing on using
lightweight materials in the automobile
production. For instance, instead of using metals
manufactureres are inclined to use PVC plastics. - PVC materials are usually coated with titanium
dioxide, in order to enhance the wear resistance,
scrathc resistance, and other mechenical
properties. As the fuel efficiency standards are
getting stringent, expected growing demand for
lightweight vehicles will drive the global
titanium dioxide market - Titanium dioxide is priominently used in end-use
industries namely, paints coatings, plastics,
varnishes, and paper. Among these paints
coatings is the leading end-use industry,
acounting for around 50 of the overall
consumption of titanium dioxide. Titanium dioxide
is an essential ingredient in paint coatings,
as it enhances opaqueness of paints. Growing
paints coatings market, due to increasing
construction activities in Asia-Pacific and other
developing regions. Moreover, global plastic
production is increasing, due to increasiong
penetration in various applications namely,
consumer goods, automotive, electronics,
construction. Titanium dioxide demand is geared
with the global plastic production.
3Global Titanium Dioxide Market 2023
- Competitive Landscape
- DuPont (US),
- Tronox Limited (US),
- CRISTAL (Saudi Arabia),
- The Chemours Company Chemours (US),
- NL Industries, Inc (US),
- Shandong Doguide Group Co., Ltd (China),
- Argex Titanium Inc. (North America),
- Huntsman International LLC. (US),
- Evonik Industries (Germany),
- Tayca Corporation (Japan),
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4Global Titanium Dioxide Market 2023
Regional Analysis
- Geographically in terms of consumption, the
global titanium dioxide market is dominated by
Asia-pacific region. - The region is expected to retain its dominance
through the forecast period, owing to growing
construction, and automotive indutsries in China
India. In addition to this, Asia-pacific is
estimated to be the fastest growing market
followed by Latin America. - North America is the second largest market
followed by Europe. - Access Full Report Details and Order this
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5Global Titanium Dioxide Market 2023
Application Major Players in this Research
- Aforementioned industries
- paper industry
- paints coatings,
- plastics, varnishes industry
- consumer goods
- Automotive
- electronics,
- construction.
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