DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Growth Opportunities in the Global Titanium Dioxide Market" report to their offering.
The global titanium dioxide market is expected to reach an estimated $18.2 billion by 2021 and is forecast to grow at a CAGR of 3.4% from 2016 to 2021.
The future of the global titanium dioxide market looks promising with opportunities in paint and coatings, plastics, paper, and other sectors. The major growth drivers for this market are growing demand for titanium dioxide in end use industries like paint and coatings, plastics, and others. Technological innovations aimed at improving manufacturing processes to increase product yield with higher quality is expected to have a positive impact on the titanium dioxide pigment market.
Emerging trend, which have a direct impact on the dynamics of the market, include development of Argex technology.
Within the global titanium dioxide market, the paint and coatings segment is expected to remain the largest market. Increasing demand for architectural and industrial coatings in the developing countries of Asia Pacific, particularly China and India, has presented sound opportunities for titanium dioxide in the paint and coatings industry, which would spur growth for this segment over the forecast period. Asia Pacific is expected to remain the largest market due to growth of end use industries, such as paint and coatings, plastics, and paper.
The study includes a forecast for the global titanium dioxide market by application type, product form, and region, as follows:
By application type [Volume (Million Pounds) and $ Billion Shipment from 2010 to 2021]:
- Paint and Coatings
By Product Form [Volume (Million Pounds) and $ Billion Shipment from 2010 to 2021]:
By region [Volume (Million Pounds) and $ Billion Shipment from 2010 to 2021]:
- North America
- Asia Pacific
- The Rest of the World
- Huntsman Corporation
- Kronos Worldwide, Inc.
- The Chemours Company
- The National Titanium Dioxide Company, Ltd. (Cristal)
- Tronox Limited
For more information about this report visit http://www.researchandmarkets.com/research/8ks6ln/growth