Titanium Dioxide market is having is face change in the forecast years 2019 to 2024 and the following report will assist you in making decision regarding the market. This report provides you with the detailed market definition, classifications, applications and what the key market trends are which can make a great difference when it come’s Titanium Dioxide market in this Chemicals & Materials industry. The report also contains the market drivers and restrains which are derived from SWOT analysis of the Titanium Dioxide market. Top players and brands are making moves such as developments, products launches, acquisitions, merges, joint ventures and competitive research in the Titanium Dioxide market. A change was seen in the CAGR levels in the historic year 2017, base year 2019 and the CAGR levels are also certain to change in the forecast years 2019-2024.
Market Analysis:-
The Global Titanium Dioxide Market accounted for USD 10.53 billion in 2016 and is projected to grow at a CAGR of 6.0% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Major Market Competitors:
1.Tayca Corporation
2.Huntsman Corporation
3.The Chemours Company
4.Tronox Limited
5.Kronos Worldwide Inc
6.Evonik Industries AG
7.Cinkarna Celje D.D. (CICJ.LJ)
8.Cristal
9.Lomon Billions
10.Ishihara Sangyo Kaisha Ltd
11.Grupa Azoty
12.Precheza as
13.Argex Titanium Inc
14.Apollo Colors Inc and many more.
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Major Market Drivers & Restraint:
•Demand for lightweight vehicles
•Increase in per capita consumption of pigments
•Growth in construction sector
•Stringent environmental regulations
•Volatile raw material prices
Market Segmentation:
The titanium dioxide market is segmented on the basis of grade into
•Rutile
•Anatase
On the basis of application, the market is segmented into
•paints & coatings
•pulp & paper
•plastics
•cosmetics
•ink and others.
On the basis of geography, the titanium dioxide market report covers data points for 28 countries across multiple geographies such as
•North America
•South America
•Europe
•Asia-Pacific
•Middle East
•Africa
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
Competitive Landscape:
The global titanium dioxide market is fragmented with the presence of a large number of players across different regions. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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