AP NEWS
Press release content from Business Wire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

Global Titanium Dioxide (TiO2) Market 2019-2023 | Emergence of Titanium Dioxide Nanoparticles to Boost Demand | Technavio

May 13, 2019

LONDON--(BUSINESS WIRE)--May 13, 2019--

The global titanium dioxide (TiO2) market is expected to post a CAGR of more than 4% during the period 2019-2023, according to the latest market research report by Technavio.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190513005296/en/

Technavio has published a new market research report on the global titanium dioxide (TiO2) market from 2019-2023. (Graphic: Business Wire)

A key factor driving the growth of the global titanium dioxide (TiO2) market is the rising use of titanium dioxide in the ceramic industry. TiO2 is one of the popular ingredients used in a variety of products such as plastic, paper, paints, pharmaceuticals, and sunscreen and food items. Moreover, the use of TiO2 is being extended to many new applications. Titanium oxide is extensively being used in the ceramic industry as it is a popular white pigment and a glaze opacifier. TiO2 provides crystallization and variegation to the color and texture of ceramic glazes. As a tendency to crystalize, it imparts whiteness to ceramic glazes and provides durable surfaces, strong melts, and rich visual textures. TiO2 also prevents pollutants such as nitrogen oxide, sulfur oxide, and carbon monoxide from affecting ceramic products. Such characteristics encourage ceramic manufacturers to use TiO2 as an opacifier instead of materials such as tin oxide or zircopax.

As per Technavio, the emergence of titanium dioxide nanoparticles will have a positive impact on the market and contribute to its growth significantly over the forecast period. This global titanium dioxide (TiO2) market 2019-2023 research report also analyzes other important trends and market drivers that will affect market growth over 2019-2023.

Global titanium dioxide (TiO2) market: Emergence of titanium dioxide nanoparticles

TiO2 nanoparticles are gaining immense popularity and are being widely used in high-factor sun protection creams, wood preservatives, and textile fibers. They have the potential to use the energy in light to catalyze reactions with other molecules at reduced temperatures. TiO2 nanoparticles are also being used for new applications such as printed electronics. TiO2 has a novel property that has potential applications as a medium for room-temperature sensors of mechanical stress at the nanoscale. This property makes it useful in several sensing applications, ranging from biosciences to metrology. Therefore, the varied applications of TiO2 nanoparticles are expected to boost the growth of the market during the forecast period.

“The market will be influenced by the growing popularity of 3D printed titanium dioxide. 3D printed TiO2 helps give shape to complex diagrams created by designers and architects, which can be used as facades in all types of infrastructure. 3D printed TiO2 can be used as an implant material as well as it offers higher corrosion-resistance than other materials as it forms a protective oxide layer on the surface of the implant. Such applications are likely to fuel the demand for 3D printed TiO2 during the forecast period,” says a senior research analyst at Technavio.

Global titanium dioxide (TiO2) market: Segmentation analysis

This market research report segments the global titanium dioxide (TiO2) market by application (paints, plastics, paper, and other) and geographic regions (APAC, North America, Europe, South America, and MEA)

The APAC region led the market in 2018, followed by Europe, Asia, and ROW respectively. The market growth in APAC can be attributed to the strong activity in the commercial and residential construction sector, the increasing investments in infrastructure development, and the growing demand for TiO2 in countries such as Japan, India, and Australia.

Looking for more information on this market? Request a free sample report

Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at media@technavio.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190513005296/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

www.technavio.com

KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY NANOTECHNOLOGY MANUFACTURING CHEMICALS/PLASTICS

SOURCE: Technavio Research

Copyright Business Wire 2019.

PUB: 05/13/2019 10:15 AM/DISC: 05/13/2019 10:15 AM

http://www.businesswire.com/news/home/20190513005296/en