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Titanium dioxide is the oxide of metallic titanium, which is naturally present in many kinds of mineral sands. It is the most important white inorganic pigment with good thermal stability. It also has excellent light scattering properties and can be used when white opacity and brightness are required.
New York, July 8, 2021 (GLOBE NEWSWIRE) - Reportlinker.com announced the release of the report "Titanium Dioxide Market by Grade, Process, Application and Region-Trends and Forecasts to 2026"-https://www. reportlinker .com/p04801480/?utm_source=GNW Titanium dioxide has two crystal structures, namely anatase and rutile. Rutile pigments are preferred because they are more stable, durable, efficient and have high absorbance than anatase pigments. Titanium dioxide is used in a wide range of industries and applications, including paints and coatings, paper, plastics, inks, etc. Titanium dioxide pigments are most widely used in paint and coating applications because they can effectively scatter visible light, thereby imparting whiteness, brightness and opacity to the coating. The steady growth of the construction industry and the increasing demand for lightweight vehicles in the automotive industry are expected to drive the market for titanium dioxide in paint and coating applications. The increasing demand for ultrafine titanium dioxide and the growth of photocatalytic applications are opportunities for the titanium dioxide market. Rutile is expected to become the largest grade segment in the titanium dioxide market. Rutile is the largest grade segment in the titanium dioxide market. The structure of rutile is denser and more stable than anatase. Rutile-grade titanium dioxide has excellent optical properties, including better dispersibility, better coloration, weather resistance with the best opacity, yellowing resistance and bluer background color. Rutile grade titanium dioxide is the first choice in paints and coatings because it can provide better color strength and opacity than anatase grade titanium dioxide. Due to its high refractive index, it is more suitable for external applications and interface applications; therefore, these pigments have a better ability to scatter light in paint films. Sulfate is expected to be the largest process segment in the titanium dioxide market. Sulfate is the largest process segment in the titanium dioxide market. The sulfate process is a batch process that uses sulfuric acid to extract titanium dioxide from ilmenite or titanium slag. The sulfate method for producing titanium dioxide is mainly used in the Asia-Pacific region, especially in China. The sulfate method is more economical because it uses low-grade and cheaper ore, and the technology for producing titanium dioxide is simpler. The production cost of sulfate is high, a large amount of waste is generated during the process, and pollution control costs are also included. Due to environmental considerations and end-use requirements for high-quality titanium dioxide, global manufacturers are focusing on switching to the chlorination process. Within the forecast area, coatings and coatings are the largest market segments applied in the titanium dioxide market. Titanium dioxide is an essential white pigment in the paint and coating industry. When used in paint and coating systems, it can ensure the longevity of the paint and continuous protection of the substrate. Titanium dioxide is used in various paint and coating applications to provide aesthetics, opacity and durability. It is used in various architectural and industrial coating applications. In architectural coatings, pigments are used in paints, colorants, varnishes, primers and varnish applications. In industrial coatings, they are used in automotive, coil, powder and other coating applications. The fast-growing housing and construction industry, growing gross domestic product (GDP), continued rapid urbanization, and increasing disposable income have promoted the development of the paint and coatings market, which has further promoted the demand for titanium dioxide. Divided by region, the Asia-Pacific region has the largest share of the titanium dioxide market. The Asia-Pacific region is the largest titanium dioxide market in 2020. Increased investment in infrastructure development projects, accelerated urbanization, improved living standards, vigorous development of the automobile industry, and rapid economic growth are key factors for the overall growth of the region. Economic growth in countries such as China and India has attracted new investment from global manufacturers. Driven by the growing population and rapid urbanization in China and India, the Asia-Pacific region is the largest market for the paint and coatings industry. China is the world's largest producer and consumer of paints and coatings, and several leading companies have invested in the construction of new manufacturing facilities in the country. Paints and coatings are the largest application field of titanium dioxide, which is expected to grow in the Asia-Pacific region as the application of paints and coatings grows. In addition to being a major consumer of titanium dioxide, China also exports titanium dioxide to India, Vietnam, Brazil, Spain, South Korea, Japan and other countries. Lomon Billions Group is the world's third largest manufacturer of titanium dioxide, with a production plant in China. In addition to Lomon Billions, TAYCA CORPORATION (Japan), ILUKA RESOURCES (Australia), ISHIHARA SANGYO KAISHA, LTD. (Japan) and many small and medium enterprises (SMEs) produce titanium dioxide in the Asia-Pacific region. Extensive preliminary interviews were conducted to determine and verify the market size of multiple market segments and sub-segments and information gathered through secondary research. The breakdown of the main interviews is as follows: • By company type-Tier 1-55%, Tier 2-30% and Tier 3-15% • By designation-Level C-21%, Director level-23%, and others * – 56% • By region – North America – 15%, Europe – 27%, Asia Pacific – 45%, South America – 7%, and Middle East and Africa – 6% Note: Others include sales, marketing and product managers. Level 1:> USD 1 billion; Level 2: USD 500 to USD 1 billion; and Level 3: The companies introduced in this market research report include Chemours (USA), Tronox Holding PLC (USA), Lomon Billions Group (China), Venator Materials PLC (UK), Kronos Worldwide Inc (US), INEOS (UK), CINKARNA Celje dd (Slovenia), Evonik Industries AG (Germany), Tayca Corporation (Japan), ILUKA RESOURCES (Australia) , Ishihara Sangyo Kaisha, Ltd. (Japan), Shanghai Jiuta Chemical Co., Ltd. (China), GRUPA AZOTY SA (Poland), Swastik Interchem Private Limited (India), The Kish Company, Inc (USA), PRECHEZA AS ( Czech Republic), CNNC Hua Yuan Titanium Dioxide Co., Ltd (China), Travancore Titanium Products Ltd (India), Shandong Jinhai Titanium Resources Technology Co., Ltd. (China), Guangdong Huiyun Titanium Industry Co., Ltd. (China), GPRO Titanium Industry Co., Ltd. (China) and Titanos Group (China) Research Scope: This research report classifies the titanium dioxide market according to grade, process, application and region. The report includes detailed information leading information on the main factors affecting the growth of the titanium dioxide market, such as drivers, constraints, challenges and opportunities. Detailed analysis of major industry players is conducted to provide insights into business overview, products and services, key strategies, expansion, new product development, acquisitions, and the latest developments related to the market. Reasons for purchasing this report This report will help market leaders/new entrants in this market in the following ways: 1. This report comprehensively subdivides the titanium dioxide market and provides the best results for the entire market and vertical and regional sub-segments. Close market size approximation. 2. The report will help stakeholders understand the pulse of the market and provide them with information on the main market drivers, constraints, challenges and opportunities. 3. This report will help stakeholders understand the main competitors and gain insights to improve their position in the business. Part of the competitive landscape includes expansion, new product development and joint ventures. 4. The report includes the impact of COVID-19 on the titanium dioxide market. Read the full report: https://www.reportlinker.com/p04801480/?utm_source=GNW About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you can get all the market research you need instantly in one place. __________________________
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