Industry Background:
Titanium dioxide (TiO2) is one of the whitest materials available on the earth. It posses the highest refractive index as compared to other materials. Titanium dioxide is used extensively as a white pigment to add whiteness and opacity in paints, coatings, plastics, paper, cosmetics, pharmaceuticals, foods, and various other applications. However, Titanium dioxide does not form in a usable condition in nature. Its mining is done very cautiously to get its pure forms, such as rutile, anatase beach sand, and refined into a fine even element size.This growth is primarily driven by Increasing Demands from Automobile, Paint, and Construction Industry and Growing Infrastructure Development across the Globe.
Globally, a noticeable market trend is evident Self-Cleaning Technologies in Various Industries. Major Vendors, such as DuPont (United States), Tronox Limited (United States), INEOS (United Kingdom), The Chemours Company (United States), NL Industries, Inc (United States), Shandong Doguide Group Co., Ltd (China), Argex Titanium Inc. (United States), Huntsman International LLC. (United States), Evonik Industries AG (Germany) and Tayca Corporation (Japan) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In May 2019, INEOS completed the acquisition of the North American business of National Titanium Dioxide Company Limited (Cristal) from Tronox Limited for USD 700 million.
In November 2019, The Chemours Company launched a new specialty, low-abrasion grade of Ti-Pure titanium dioxide pigment, specifically designed to enhance the formulation and performance of printing inks.
Regulatory Insights:
The EU has rolled out several guidelines for the use and manufacture of the chemical substance TiO2. It must comply with a strict registration, testing, and approval process, as defined regulations and standards, before being manufactured or used within the EU, to ensure that chemicals are safe for human health and the environment in their intended applications.
Market Drivers
- Increasing Demands from Automobile, Paint, and Construction Industry
- Growing Infrastructure Development across the Globe
Market Trend
- Self-Cleaning Technologies in Various Industries
Restraints
- Environmental Regulations Such As Carcinogenic Properties
- Volatility in Prices of Raw Materials
Opportunities
Rising Expenditure on Construction Activities in Emerging Economies Such As India and China
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Titanium Dioxide Study Sheds Light on
The Titanium Dioxide Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Titanium Dioxide industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Titanium Dioxide industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.