According to ChemAnalyst report, “Global Titanium Dioxide Market Analysis: Plant Capacity, Production, Process, Operating Efficiency, Demand & Supply, End-User Industries, Foreign Trade, Sales Channel, Regional Demand, Company Share, 2015-2035”, The Titanium Dioxide market will likely experience a significant rise and reach approximately 5500 thousand tonnes in 2035, at an expected CAGR of 4.92% during the forecast period by 2035. The rising demand for Titanium Dioxide in Paints & Coatings, Plastic, Paper, and other end-use industries, is anticipated to grow the need for the Titanium Dioxide market in the forecast period.

Titanium Dioxide is an inorganic compound with the chemical formula TiO₂. The naturally occurring source of titanium dioxide, ilmenite ore, which contains up to 45–60% titanium dioxide, can be used to extract titanium dioxide. The sulphate or chloride process can be utilized to create pure titanium dioxide from this ore. Rutile and anatase ores can also be used to extract titanium dioxide. This is the most frequently used white pigment currently in the world. Due to its high refractive index, it is used in the majority of applications where a white color or gloss is required. It provides optimum thickness and opacity to the paint. Some well-known applications of Titanium Dioxide include packaging, printing inks, other cosmetics, toothpaste, and food. Other niche applications include paints, catalytic coatings, plastics, paper, medicines, and sunscreen.

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The Titanium Dioxide market globally is driven by its usage as a pigment in the employment in Paints & Coatings Industry. It is the most commonly used white pigment in the industry. Due to its high refractive index, it can scatter visible light when used as a pigment. When applied to a surface or used in a product, this produces an opaque colour with a dazzling, reflective quality. Titanium Dioxide is employed in paints and coatings, which are suitable for applications in the automotive and construction industry. Expanding needs for paints and pigments across a variety of industries, including personal care, pharmaceuticals, and construction, are anticipated to swell the Titanium Dioxide market in the forecast years. 

The global Titanium Dioxide market is segmented on end-use, sales channel, and region. Based on region, Asia Pacific is the largest consumer in the global Titanium Dioxide market. In 2021, this region consumed approximately 30% of the global Titanium Dioxide. It is anticipated that Asia Pacific will continue to dominate the market in the coming years. In countries like China and India, infrastructure investment is rising as a result of the expanding urbanization and population, which is likely to support the Titanium Dioxide market expansion over the forecast period.

Based on end-uses, the Titanium Dioxide market is segregated into Paints & Coatings, Plastic, Paper, and Others. The Paints & Coatings Industry dominates the Titanium Dioxide market. In 2021, this industry held a market share of nearly 40% of the Titanium Dioxide market. It is anticipated to remain the most significant consumer in the forecast period due to the growing demand for paints by the automotive and construction industry in the forecast period.

Read Full Report Here: https://www.chemanalyst.com/industry-report/titanium-dioxide-market-599

“Global Titanium Dioxide Market Analysis: Plant Capacity, Production, Process, Operating Efficiency, Demand & Supply, End-User Industries, Foreign Trade, Sales Channel, Regional Demand, Company Share, 2015-2035”, the significant players functional in the Titanium Dioxide market are The Chemours Company, Tronox Holdings Plc, Lomon Billions Group, Venator Materials Plc, KRONOS, The Louisiana Pigment Company, LP (KRONOS-Huntsman/Tioxide JV), The Kerala Minerals & Metals Limited, Indian Rare Earths Limited (IREL), and Cochin Minerals & Rutile Ltd (CMRL).

“The increasing rate of urbanization demands for paints, coatings, and pigment of feedstock chemicals. The constant rising demand of Titanium Dioxide as a white pigment due to its high-refractive index to manufacture paints and coatings is anticipated to drive the Global Titanium Dioxide market in the forecast period until 2035. The Titanium Dioxide global market during the forecast period is further contributed by demand from the personal care products owing to its UV light absorbing properties. “Said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm promoting ChemAnalyst worldwide.

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