Titanium Dioxide Market : Capacity, Production, Revenue, Price and Gross Margin Till 2023
The global titanium dioxide market is expected to witness significant growth during the forecast period (2016-2022) due to growing consumption in the paints and coatings industry, increasing demand for light weight automotive vehicles and increasing consumption in the cosmetics industry.
The global titanium dioxide market is expected to witness significant growth during the forecast period (2016-2022) due to growing consumption in the paints and coatings industry, increasing demand for light weight automotive vehicles and increasing consumption in the cosmetics industry.
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<strong>Titanium</strong> <strong>Dioxide</strong> <strong>Market</strong>: <strong>Capacity</strong>, <strong>Production</strong>, <strong>Revenue</strong>,<br />
<strong>Price</strong> <strong>and</strong> <strong>Gross</strong> <strong>Margin</strong> <strong>Till</strong> <strong>2023</strong><br />
The global titanium dioxide market has been categorized into paints <strong>and</strong> coatings,<br />
paper <strong>and</strong> pulp, plastics <strong>and</strong> cosmetics.
The global titanium dioxide market is expected to witness significant growth during the forecast<br />
period (2016-2022) due to growing consumption in the paints <strong>and</strong> coatings industry, increasing<br />
dem<strong>and</strong> for light weight automotive vehicles <strong>and</strong> increasing consumption in the cosmetics<br />
industry.<br />
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<strong>Titanium</strong> dioxide, also known as titanium (IV) oxide or titania, is a white crystalline powder, made<br />
up of ilmenite <strong>and</strong> rutile, which are used as the main raw materials. It is created using either the<br />
chloride process or sulfuric acid, referred to as the sulfate process.<br />
Based on application, the global titanium dioxide market has been categorized into paints <strong>and</strong><br />
coatings, paper <strong>and</strong> pulp, plastics <strong>and</strong> cosmetics. Paints <strong>and</strong> coatings application segment is<br />
expected to be the largest market for titanium dioxide during the forecast period.<br />
Asia-Pacific is expected to witness the fastest growth in the global market, during the forecast<br />
period. Growing consumption of paints <strong>and</strong> coatings, which constitutes titanium dioxide as its key<br />
component, is driving the growth of global titanium dioxide market.<br />
The European market is expected to witness significant growth during the forecast period on<br />
account of growing dem<strong>and</strong> for cosmetic products in Germany, Italy, France <strong>and</strong> the U.K.<br />
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Some of the key players in the global titanium dioxide market include The Chemours Company,<br />
Cristal, Kronos Worldwide INC., E. I. du Pont de Nemours <strong>and</strong> Company, Huntsman International<br />
LLC, Evonik, Argex <strong>Titanium</strong> Inc, Pangang Group Vanadium <strong>Titanium</strong> & Resources Co., Ltd.,<br />
Yunnan Dahutong Industry & Trading Co., Ltd, Henan Billions Chemicals Co. Ltd. <strong>and</strong> Tronox<br />
Limited.<br />
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