Lucintel Forecasts Titanium Dioxide Market To Grow At A Cagr Of 8%-9%

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According to the recent study the titanium dioxide market is projected to grow at a CAGR of 8%-9% from 2020 to 2025. Growth in this market is primarily driven by rising demand for lightweight vehicles owing to strict emission policies and a growing paint and coating industry.
Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in titanium dioxide market by application (paint and coating, plastic, pulp and paper, cosmetic, and others), process (sulfate and chloride), grade (rutile and anatase), product type (pigmentary and ultrafine), and region (North America, Europe, Asia Pacific, and Rest of the World).
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“Sulfate market is expected to remain the largest segment during the forecast period.”
Based on process, the titanium dioxide market is segmented into sulfate and chloride. Lucintel forecasts that the sulfate is expected to witness the largest segment over the forecast period due to its better ...
... ability to extract compound from all the ores, namely ilmenite, rutile, and titania slag.
“Within the titanium dioxide market, the paint and coating segment is expected to remain the largest application.”
Based on application, the paint and coating segment is expected to witness the largest application over the forecast period due to rising automotive production and expenditure in the construction sector.
“Asia Pacific will dominate the titanium dioxide market in near future.”
Asia Pacific is expected to be the largest region over the forecast period due to growing commercial and residential construction sector coupled with increasing investments in infrastructure development in the region.
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Major players of titanium dioxide market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Tronox, E. I. du Pont de Nemours, The Chemours Company; Cristal, NL Industries, Huntsman, Argex Titanium, Tayca, Evonik, Lanka Mineral Sands are among the major titanium dioxide providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/titanium-dioxide-market.aspx or helpdesk@lucintel.com
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Lucintel
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