Titanium Dioxide Market Growth, Trends, Opportunities and Forecast to 2030 - Huntsman, the Chemours, Cristal, Tronox
Titanium dioxide also known as titania or titanium oxide. It is a naturally occurring oxide obtained from rutile, anatase and ilmenite. Titanium dioxide owing to its high stability, anti-corrosive properties and high refractive index is used in broad range of applications. It finds its application in printing inks, packaging, rubber, construction, chemical fibers and water tanks among others. It is extensively use in paints and coatings application. Rising demand from automotive, construction and cosmetics industries is the major factor driving the growth of the market across the globe. However, due to its high prices and carcinogenic properties the market is highly regulated, which in turn, hampers the market growth to certain extent. Increasing usage of titanium dioxide as a material in solar photovoltaic (PV) is providing new avenues to the manufacturers operating in this market. Increasing application horizon of titanium dioxide is also expected to trigger the market growth in the...