Titanium Dioxide Consumption Volume to Grow at 4.1% CAGR to 2021, Forecasts Industry Experts in Its New Study Available at MarketPublishers.com15 Aug 2016 • by Natalie Aster
LONDON – The demand for titanium dioxide (TiO2) is on the rise globally, fuelled primarily by the expansion observed in the construction industry. The largest application area for titanium dioxide is paints and coatings, where the usage of this material is greatly underpinned by a simultaneous hike in the activity in the construction sector, specifically in the developing countries of South America and APAC. China takes the lead with respect to demand for TiO2 in the construction industry, followed closely by India, Southeastern Asia, Brazil and Mexico.
Meantime, stringent environmental laws and regulations act as an adverse factor restraining the demand for titanium dioxide. The process of TiO2 production induces a set of harmful acid and solid wastes, with several regulations being currently in place, more so in developed economies, for controlling the discharge and destruction of these wastes. Amid the 2 processes employed to manufacture TiO2, the sulfate process, chiefly employed in China, results in big volumes of solid waste being generated. This has led China-based producers to alter heading and implement a range of alternatives targeted to reducing the pollution inflicted by TiO2 production.
In volume terms, the worldwide consumption of TiO2 is projected to amount to 7.8 million metric tons by 2022-end, posting 4.1% CAGR over the forecast period.
New research report “Titanium Dioxide (TiO2) – A Global Market Overview” developed by Industry Experts reviews, analyses and projects the TiO2 market from 2012 to 2022 on a global scale and the regional markets such as North America, APAC, Europe, South America and RoW; the regional markets are further examined for 14 independent nations. The market segmentation is provided based on applications, which are carefully analysed in terms of volume and value. An insightful analysis of the trends in the industry is provided. Furthermore, the report includes detailed profiles of the world’s top 10 players and 30 leading players across various regions. The research also contains the global listing of the companies involved in TiO2 manufacturing and supply. The global list of companies covers the address, contact telephone numbers and the web-site addresses of 100 firms.
More new studies by this publisher are available at Industry Experts page.