Title: Titanium Dioxide Market - Forecast(2020-2025)
1Titanium Dioxide MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2021-2026
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- Titanium Dioxide Market is forecast to reach
25.3 billion by 2025, after growing at a CAGR of
7.9 during 2020-2025. Rising demand for
lightweight vehicles in order to reduce carbon
emissions leads the market growth in upcoming
years. - The lightweight materials, when coated with
titanium dioxide, increase the stability,
durability, persistence, and scratch resistance. - Titanium oxide have increased the choices of
colors in automotive industry. Since the use of
lead oxide in paints has been widely banned over
the past decades, pigment grade TiO2 has become
the most common white pigment used in paints
worldwide.Â
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- Key Takeaways
- Mining and metallurgy industries dominating the
market in 2019, and with continuous growth in
mining operations, it is likely to grow during
the forecast period. - During the forecast period, the increasing demand
for downstream items of titanium dioxide and
natural colors in the textile industry is
expected to provide opportunities for the studied
market. - Due to the region's rising mining operations,
Asia-Pacific dominated the market worldwide, and
strong demand fueled the development of polymer
synthesis and chemical industries.
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- By Distribution Channel- Segment Analysis
- The product division for Paints Coatings
dominated the industry in 2019 and is expected to
grow with 7.5 over the forecast period. - It is anticipated that Asia Pacific is expected
to be the largest market with the 38 share in
2019. Thanks to its durability and clarity, TiO2
is widely used in automotive paints. - TiO2 gives a unique brightness and resilience to
all sorts of vehicles, finding its way onto cars,
trucks, busses, cruise ships, trains and
airplanes.
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- Titanium Dioxide Market Industry OutlookÂ
- The Chemours Company
- Kronos Worldwide
- Jianghu Titanium White
- Argex Titanium
- Dow Chemical Company
- Evonik
- Titanos Group
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Titanium Dioxide Market - Forecast(2021 -
2026) Learn More About the Report _at_
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-dioxide-market.html
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- Data Tables
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