Titanium Dioxide Market Worth 14.12 Billion USD by 2021

PUNE, India, March 23, 2017 /PRNewswire/ --

The report "Titanium Dioxide Market by Grade (Rutile, Anatase), Application (Paints & Coatings, Pulp & Paper, Plastics, Cosmetics, Ink), and Region - Global Forecast to 2021", published by MarketsandMarkets, The market is projected to grow from USD 10.64 Billion in 2016 to USD 14.12 Billion by 2021, at a CAGR of 5.8% between 2016 and 2021. 

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Browse 89 market data Tables and 43 Figures spread through 140 Pages and in-depth TOC on "Titanium Dioxide Market"

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The anatase segment of the global titanium dioxide market is projected to grow at the highest CAGR between 2016 and 2021. 

Based on grade type, the global titanium dioxide market has been segmented into rutile and anatase. The anatase grade type segment is projected to grow at the highest CAGR from 2016 to 2021. Anatase grade titanium dioxide is preferred in the manufacturing of paper, as it is less abrasive to the papermaking machinery. The market for anatase segment is also expected to witness high growth owing to the increasing demand for the anatase grade of titanium dioxide in the paints & coatings application from the construction industry.

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The paints & coatings application of the global titanium dioxide market is projected to grow at the highest CAGR during the forecast period. 

The paints & coatings application of the global titanium dioxide market is projected to grow at the highest CAGR during the forecast period. Rapid growth in the automobiles and construction industries are expected to fuel the demand for paints & coatings application. Moreover, titanium dioxide, when used in paints and coatings, ensures longevity of paints and continued protection of the substrate. Titanium dioxide is used in various paints & coatings applications to provide aesthetic appeal, opacity, and durability.

The Asia-Pacific titanium dioxide market is projected to grow at the highest CAGR during the forecast period. 

The Asia-Pacific Titanium Dioxide Market is projected to grow at the highest CAGR between 2016 and 2021. This is due to the continuously increasing population in the Asia-Pacific region, coupled with the increasing disposable income. In addition, increased demand for titanium dioxide from various key countries, such as China and India, is also contributing towards the growth of the titanium dioxide market in the region.

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Tayca Corporation (Japan), Huntsman Corporation (U.S.), Cabot Corp (U.S.), The Chemours Company (U.S.), Tronox Limited (U.S.), Kronos Worldwide Inc. (U.S.), Cristal (Kuwait), Evonik Industries AG (Germany), Cinkarna Celje (Slovenia), Lomon Billions (China), and Ishihara Sangyo Kaishal Ltd. (Japan), among others are the key players operating in the global titanium dioxide market.

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