The market is expected to witness growth at a CAGR of over 8. Developing countries have witnessed growing demand for lightweight vehicles over the past few years. Furthermore, the automotive industry in developed regions including North America and Western Europe is exhibiting a promising trend, owing to recovery from the financial downturn. The market in the U.
Growth of these sectors is expected to further propel the growth of the market over the forecast period.
Global titanium dioxide market revenue, by manufacturing process, — USD Billion Over the past few years, the market of doped titanium dioxide nanoparticles has been increasing owing to its increasing application in solar cells. Doping of nanoparticles helps in enhancing amount of absorption in visible light.
For instance, tungsten doped titanium dioxide nanoparticles are used in photo catalysis of sunlight and visible light, widening its application in solar energy. For instance, in OctoberArgex Titanium Inc. This method has helped the company to increase its contribution in global titanium dioxide market.
Stringent government policies are anticipated to restrain the market growth of titanium dioxide during the study period.
Several harmful acid wastes are produced during the manufacturing of titanium dioxide. Various regulations have been implemented to reduce the emission of these wastes.
The sulfate process results in large quantities of solid waste as well as acids. However, manufacturers based in china are adopting substitutes to reduce pollution due to strict government regulations pertaining to waste disposal of titanium dioxide. Chloride route helps in maintaining uniform particle size and increasing the yield, which is essential to maintain the quality of final product.
Chloride route is environment friendly manufacturing process which produces less solid waste hence used my most of the manufacturers.
The sulfate process accounted CAGR of 3. In terms of volume, Rutile form contributed Rutile form of titanium dioxide is used in manufacturing of polarization optics for longer and visible infrared wavelengths and it is also used as a UV absorbing agent. Anatase ore contributed Growth in paints, paper and ceramic industry will play a key role in increasing the market for anatase ore.Industry Insights.
The global titanium dioxide (TiO2) market size was valued at USD billion in The market is expected to witness growth at a CAGR of over % from to , owing to increasing demand from end-user industries.
Petrosil's Titanium Dioxide Report is a global market intelligence tool for companies who wish to access valuable content and network with other organizations in a timely and efficient manner. The comprehensive databases and related services provide value added information for the TiO2 industry in the form of reports, pricing, resources.
ICIS has enhanced its TiO2 report with the addition of a new FOB spot China assessment to provide a comprehensive view of Chinese TiO2 export prices. The current CFR Asia assessment in the report will also be replaced with a quarterly contract price assessment, so that global industry players can have a more relevant and steady view the Asian TiO2 market.
Petrosil's Titanium Dioxide Report is a global market intelligence tool for companies who wish to access real-time TiO2 information and network with other registered users.
Industry Insights. The global titanium dioxide market was estimated at USD billion in and is expected to witness significant growth on account of its increasing use in paints, plastics, paper & pulp, cosmetics, inks, fibers, rubber, food and pharmaceuticals.
Sep 12, · Complete Intelligence. Titanium Dioxide (TiO2) This Titanium Dioxide (TiO2) page is only a small piece of our intelligence coverage. Our i2solution suite with i2dashboard will give you the bigger picture you need to make better, smarter business decisions based on real-time market intelligence.