Lightweight Automobiles Put Demand for Titanium Dioxide in High Gear, Market will Reach US$16.79 bn by 2023 : Transparency Market Research
Titanium Dioxide Market - Global and China Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2023
Titanium dioxide is a white colored, solid, inorganic material with high thermal stability and poor solubility. Major raw materials used in the production of titanium dioxide include ilmenite and rutile. Major processes used in the manufacturing of titanium dioxide include sulfate and chloride processes.
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This report comprises in-depth analysis and forecast of the titanium dioxide market on a global as well as regional level. The report includes forecast for the period from 2015 to 2023 in terms of volume (kilo tons) and revenue (US$ Mn). Quantitative data has been derived through extensive secondary research of the global titanium dioxide market. Secondary sources typically include company websites, relevant magazines, government documents, and press releases. The top-down approach was adopted to derive the regional numbers from global revenue and volume figures. Furthermore, the bottom-up approach was employed to derive data for various application segments based on demand for titanium dioxide in each geographic segment. A combination of top-down and bottom-up approaches helps in validation of the quantitative data of the market. The data was further validated with the help of primary research with industry experts to ensure accuracy of derived numbers.
Detailed analysis of various factors driving the global titanium dioxide market has been included for astute decision making. Impact of these drivers during the forecast period has been included with data to substantiate research findings. Furthermore, factors restraining market growth have been included for better understanding of the market. Impact of these restraints has been analyzed over the forecast period. The report also comprises various opportunities available for market growth over the next six years. Opportunities entail untapped or recently explored factors that are anticipated to drive growth of the titanium dioxide market during the forecast period.
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This report includes value chain analysis to help understand the industry thoroughly. Value chain analysis comprises detailed evaluation of the roles of various entities involved in the titanium dioxide industry, from raw material suppliers to end-users. Various processes used in the manufacture of titanium dioxide have been included in the value chain analysis. Porter’s Five Forces model has been employed to determine the degree of competition in the market during the forecast period. Company market share analysis has been included for better understanding of the competitive landscape. Company market share analysis includes the market share of dominant players in 2014, based on their production capacities. Furthermore, market attractiveness analysis has been carried out to analyze application segments that are expected to be lucrative during the forecast period. This is based on various factors such as market size, growth rate, profitability, raw material procurement, and competition in each application segment.
Based on application, the titanium dioxide market has been segmented into paints & coatings, plastic, paper, and others. Detailed analysis of all the segments in the regional and global markets, and forecast based on current and future trends in the industry in terms of volume (kilo tons) and revenue (US$ Mn) have been included in the report. In terms of region, the market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Demand for titanium dioxide in each of its application segment has been analyzed and forecasted for a period of eight years.
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The report also covers profiles of leading companies in the titanium dioxide market. These include The Chemours Company, CRISTAL, Kronos Worldwide Inc., and Tronox Limited. Various attributes of these companies such as company overview, business strategies, and recent developments form the core of the company profiles section.
This report segments the global titanium dioxide market as follows:
Titanium Dioxide Market - Application Analysis
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