Pdf for Titanium Dioxide Market

Titanium Dioxide Market Overview, Scope and Forecast
from 2017 - 2024: Global Market Insights, Inc.
Titanium Dioxide Market Size is likely to witness a healthy growth from 2016 to 2024
owing to proliferation in paint & coatings applications.
Titanium Dioxide is an inorganic bright white compound, used as a vivid colorant in a
wide range of products. The main source of titanium dioxide is rutile, anatase, ilmenite
and others. It is non-reactive & non-toxic in nature and has lustrous properties which
enhances the luminous properties of numerous material. It has refractive index more
than diamond, has strong tinting strength, and resistance against UV- rays, heat, light
and weather change. Titanium dioxide has myriad application domain such as in paint
& coating, paper & pulp, cosmetics, plastics & rubber, chemical reaction, textile, etc.
Paint & coating industry is deemed to a profitable quotient for titanium dioxide market
owing to increase in paint & coating applications in automobile, building &
construction, etc. It acts as a whitener which scatter visible light resulting in opaque
color and creates reflective, bright quality when applied to a surface. Various
government rules for endorsement of non-toxic whitener will surge the market
growth.
The use of titanium dioxide in cosmetic industry is also a positive indicator for the
growth of the market due to its application in skincare and makeup products. It is used
as a thickener and pigment for creams, and in sunscreen products owing to its
transparent and UV absorption characteristics. The primary hindrance in the growth
path of market is the high cost and carcinogenic effect of the product.
Based on process, titanium dioxide market is bifurcated as sulfate process and chloride
process. The sulfate route is the most commonly used process with simple technology
which use low grades & cheaper ores and are able to produce both anatase and rutile
grade pigments whereas chloride route is a new technology which needs high grade
ore and produce only rutile pigments Owing to the advantage of the sulfate process,
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this segment will account for a substantial share of the titanium dioxide market in the
forecast timeframe.
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Based on the product, the industry is bifurcated into pigment and ultrafine. The
pigmentary titanium dioxide particle size should be between 200-350nm which is half
of wavelength of light to be scattered to provide high refractive index and high
absorption rate. Ultrafine titanium dioxide particle size is less than 100 nm which
increase the transparency and UV absorption abilities. It is not used as a colorant
owing to Nano size and mostly used in cosmetic, food, catalyst, and semiconductors.
The widen application spectrum of pigmentary titanium dioxide in paints, plastics,
rubber, printing inks and others will contribute towards the upward trend in
consumption of titanium dioxide which will in turn propel the market growth.
On application basis, the market is diversified into paints & coatings, paper & pulp,
textiles, plastics & rubber, cosmetics, printing inks and others including catalyst, water
treatment agent, welding electrode, food colorant, pharmaceuticals, etc. Among all,
the global product market is likely to be led by paints & coatings segment owing to
high hiding property which protects the material from degradation and reduces
inorganic air pollutants such as sulfoxides and nitrogen oxides. The products usage in
coating of plastics owing to low scratch resistance will also stimulate the market
growth.
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Europe is likely to have substantial growth and will hold major chunk of the titanium
dioxide market share due to increasing demand of cosmetic products in Italy, UK,
Germany and France. Increase in disposable income and awareness regarding personal
grooming will propel the market in next seven years.
The key participants in the market are The Chemours Company, Travancore Titanium
Product Ltd., Tronox Limited, Kilburn Chemicals, Parshwanath Dye Stuff Industries,
Jianghu Titanium White, Venator Materials PLC (Huntsman Corporation), Cristal ACTiV,
The Kerala Minerals & Metals Ltd, Shanghai Jiuta Chemical Co., Ltd., Kronos, Argex
Titanium Inc., GRUPA AZOTY, Titanos Group, Cinkarna Celje, etc.
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