Demand for Sunscreen Products to Boost Global Titanium Dioxide Market
Titanium Dioxide Market Global Information-by Application (Paints, Coatings Plastics, Photo-
electrode, Pigment, Paper, Cosmetics, Food Additives, and Others), End User (Automotive, Personal
Care, Pharmaceutical, Food & Beverages, Construction Industry, and Others) and Region Forecast
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Global titanium dioxide Market Analysis
Titanium dioxide (TiO2) is a white colored pigment and a naturally occurring oxide of titanium in three
forms – brookite, anatase, and rutile. It has applications in cosmetics, coatings, paints, paper, plastics,
foods, and others. The global titanium dioxide market report compiled by Market Research Future
(MRFR) contains developments and insights of the use of TiO2 in paints and coatings and predictions for
the period of 2016 to 2023 (forecast period).
The global titanium dioxide market is expected to touch a value of USD 44.954 billion by 2023, as per the
report of MRFR. It can exhibit a CAGR of 14.28% during the forecast period. The demand from
automotive and construction sectors is the primary driver of the market. Strict policies outlining the low
emission rates in cars and efforts taken by manufacturers in lowering vehicle weight support this trend.
TiO2 is used in the coating of polycarbonates for upping the scratch resistance of coats. Titanium dioxide
is mixed in coats and paints to enhance the aesthetic appeal of products. It has uses in industrial and
Acquisitions and mergers are seen as a gateway of sustaining in the market by players. Recently, Kemira
Oyj decided to merge its titanium dioxide unit with the assets of Rockwood Holdings, a U.S. firm.
Opportunities have emerged in the market in the form of electroceramics, color pigment precursors,