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Titanium Dioxide Market by Grade, Application, and Region - Global Forecast To 2021

Titanium Dioxide Market: Global Forecast until 2021

  • March 2017
  • 142 pages
  • ID: 4801480
In this report:
Australia has ## million tonnes of rutile reserves and accounts for ##% of the global total rutile production.
A strong rebound in exports and fiscal stimulus have driven the recovery with growth of just ##.##% in 2014 and about ##% in 2015.
The global chemicals industry (excluding pharmaceuticals) is expected to grow by ##.##% in 2016, slightly slower than 2015 (+##.##%).

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"The overall titanium dioxide market is estimated to rise at a compound annual growth rate of 5.80 percent between 2016 and 2021."

The overall titanium dioxide market is estimated to grow ~$14.1B by 2021, at a compound annual growth rate of 5.80 percent from 2016 to 2021. The increase of the market is primarily influenced by the growing population, along the increasing demand for titanium dioxide from different applications, including paints & coatings, pulp & paper, cosmetics, ink, and plastics, among others. The factors restraining the increase of this market are environmental regulations and volatile prices of raw materials.

"The rutile segment is expected to lead the grade types of the overall titanium dioxide market during the outlook period."

The rutile segment is forecasted to lead the grade type of the overall titanium dioxide market from 2016 to 2021. Rutile is the most stable form. Rutile titanium dioxide has a higher refractive index, higher specific gravity, and greater chemical stability, and it better suits the requirement of main applications including paints & coatings and plastics.

"The paints & coatings application segment is projected to dominate the overall titanium dioxide market during the estimate period."

The paints & coatings application segment is forecasted to dominate the overall titanium dioxide market from 2016 to 2021. The sector demand for titanium dioxide in paints & coatings application is primarily due to the increasing construction and automobile industries. Also, titanium dioxide, when used in paints and coatings, ensures the longevity of paints and continued protection of the substrate. Titanium dioxide is used in different paints & coatings applications to offer aesthetic appeal, opacity, and durability.

"The Asia-Pac area is intended to be the largest industry for titanium dioxide during the outlook period."

The Asia-Pac region is forecasted to be the biggest market for titanium dioxide across the world. Rising population and growing per capita income are the factors driving the market demand for titanium dioxide in the Asia Pacific (APAC) area. With economic contraction and saturation in the European and North American regions, the industry demand for titanium dioxide has shifted to the Asia-Pacific area. Furthermore, big consumer market and growing disposable income in India (IN) and China (CN) are driving the increase of the titanium dioxide market.

Breakdown of profiles of primary Q&A for the market research

- By Company Type: Tier 1 - 54.0 percent, Tier 2 -21.0 percent, and 1/3 3 - 25.0 percent

- By Designation: C Level - 21.0 percent, Manager Level - 23.0 percent, and Others - 56.0 percent

- By area: Asia-Pacific - 41.0 percent, Europe - 19.0 percent, North america (NA) - 11.0 percent, and rest of the world - 29.0 percent

Some of the top firms decribed in this business report are Tayca Corporation, Huntsman (NYSE:UN), Cabot Corp, The Chemours Company, Tronox Limited, Kronos Worldwide Inc., Cristal, Evonik Industries , Cinkarna Celje, Lomon Billions, and Ishihara Sangyo Kaishal Ltd., among others.

Scope of the Report

The overall titanium dioxide market has been split on the basis of grade, application, and area. On the basis of grade, the sector has been categorized into rutile and anatase. Established on application, the industry has been categorized into paints & coatings, plastics, paper & pulp, cosmetics, ink, and others. By area, the sector has been broken down into Asia-Pacific, Europe (EU), North America continent, South America region, and Middle East (ME) & African continent.

Key Benefits

This industry report includes following studies for the benefit of clients:

- Industry segmentation established on grade, application, and area

- Market dynamics including drivers, market restraints, opportunities, and alternatives

- Value chain study

- Porter's five forces analysis with respect to the overall titanium dioxide market

- Profile of the main market actors of the overall titanium dioxide market

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ref:plp2017

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