DUBLIN, June 12, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/297pnx/global_titanium) has announced the addition of the "Global Titanium Dioxide Nanomaterials Market 2015-2019" report to their offering.
The global titanium dioxide nanomaterials market to grow at a CAGR of 12.02% over the period 2014-2019.
Since the advent of nanotechnology, titanium dioxide nanomaterials have been at the center of research owing to their low cost and simple production process. Nanomaterials find application in various commercial and industrial sectors. It is mostly used in sun care products. Titanium dioxide nanomaterials are created in various types of crystal structures, but currently only anatase and rutile nanoparticles are used for industrial purposes. Apart from their aforementioned use in sunscreens, they are also used in increasing the overall consistency of personal care products, as a pigment in paints and coatings, and for the production of solar cells. Because of their pollutant-degrading characteristic, they are also used to reduce nitrous emissions through selective catalytic reduction systems.
The global titanium dioxide nanomaterials market can be divided on the basis of application into the following segments: personal care products, paints and coatings, energy, paper and ink manufacturing, catalysts, and others.
Product innovation and emphasis on the development of advanced titanium dioxide nanomaterial-based products for use in newer applications is one of the trends emerging in the market. Manufacturers are investing heavily in R&D and have several new applications in their pilot or development phases, including the creation of advanced water filters.
According to the report, an increase in demand for titanium dioxide nanomaterials from the personal care sector, especially for the production of sunscreen products, is one of the factors contributing to market growth. These nanomaterial-based products are easy to use, have good consistency, and provide superior UV-protection, so their use by sun care product manufacturers has increased significantly in recent years.
Further, the report states that the constraints in the production of titanium dioxide nanomaterials is the major challenge being faced by manufacturers in the market.
- ACS Material
- American Elements
- Cristal Inc.
- Evonik Industries
- Huntsman (Sachtleben)
- US Research Nanomaterials
- Xuancheng Jingrui New Material
Other prominent vendors
- American Dye Source
- Avanzare Innovacion Tecnologica
- Cinkarna Celje
- Ishihara Sangyo Kaisha
- Kemira Oyj
- Kronos Worldwide
- Louisiana Pigment
- Multi-Direction (Bionano)
- Shanghai Huzheng Nanotechnology
- Shanghai Xiaoxiang Chemical
- SkySpring Nanomaterials
For more information visit http://www.researchandmarkets.com/research/297pnx/global_titanium
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SOURCE Research and Markets