Market Analysis Report Titanium Dioxide (TiO2) Market | Page 2

Your Catalyst to a Lucrative Business Also, companies are focusing on increasing the applications of titanium dioxide int water treatment using techniques such as photo catalysis, in which titanium dioxide is used to speed up the solar disinfection process. Browse Details of Report @ https://www.hexaresearch.com/research-report/titanium-dioxide-industry In 2016, paint & coating segment contributed 57.4% in terms of revenue. It was also extensively used in plastics industry, paper industry, inks, and other specialty segments. The growth of these sectors is expected to boost the market positively over the next few years. Plastic industry was the second largest segment due to the increasing applications as an excellent thermal stabilizer. In 2016 plastics segment contributed 23.2% in terms of revenue and is expected to grow with a positive CAGR during forecast period. Paper industry is the third largest user of titanium dioxide and contributed 10.4% in terms of revenue globally. Titanium dioxide is used in manufacturing of decorative papers, these are used in manufacturing of flooring, furniture and wallpapers. Demand for high end furniture is increasing which is expec ted to boost the demand for titanium dioxide. The paper industry is expected to contribute about 10.4% during the forecast period. The global titanium dioxide market is expected to grow at a very lucrative rate due to its use in various above mentioned industries. Also, titanium dioxide is used as a substitute for talc and kaolin which in turn is expected to boost the market for titanium dioxide. Hexa Research has segmented the global TiO2 market on the basis of manufacturing process, ore, application and region: Segmentation by manufacturing process, 2014 - 2024 (Kilo Tons) (USD Million) • Chloride route • Sulfate process Segmentation by ore, 2014 - 2024 (Kilo Tons) (USD Million) • Anatase • Rutile Segmentation by application, 2014 - 2024 (Kilo Tons) (USD Million) • Paints & coatings • Plastics • Paper • Inks • Specialties • others Segmentation by region, 2014 - 2024 (Kilo Tons) (USD Million) • North America • U.S. • Canada • Europe Follow Us: