Titanium Oxide (TiO2) Industry Size, Growth, Demand, Opportunities and Forecast By 2028
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Data Bridge Market Research analyses that the titanium oxide (TiO2) market will project a compound annual growth rate (CAGR) of 4.30% during the forecast period of 2021-2028. Growing demand to control various crop related diseases, rising demand for new and mechanized techniques for farming or agriculture especially in the developing countries, rising integration of advanced technology with the agricultural equipment and increasing industry competitiveness are the major factors attributable to the growth of titanium oxide (TiO2) market. This means that the titanium oxide (TiO2) market value, which was USD 2.60 billion in 2020 will climb up to USD 3.64 billion by the year 2028.
Also known as titania, titanium oxide (TiO2) natural metal element that is used in a wide range of applications and is sold in the form of white crystalline powder. Titanium oxide (TiO2) is considered as beneficial for plant growth. The raw materials used in the formation of titanium oxide are rutile and ilmenite (TiO2).
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The major players covered in the titanium oxide (TiO2) market report are ISHIHARA SANGYO KAISHA, LTD., TAYCA, Huntsman International LLC., The Chemours Company, Tronox Holdings plc, KRONOS Worldwide, Inc., Evonik Industries AG, CINKARNA Celje d.d., LB Group, Ishihara Corporation (U.S.A.), Grupa Azoty., Precheza, Argex Titanium Inc., Apollo Colours Ltd., BASF SE, DuPont., Dow, FMC Corporation and CNH Industrial N.V. among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Global Titanium Oxide (TiO2) Market Scope and Market Size:
The global titanium oxide (TiO2) market is segmented on the basis of grade, end user, application, process and product. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
Based on grade, the titanium oxide (TiO2) market is segmented into rutile and anatase.
On the basis of end user, the titanium oxide market is segmented into agriculture, automotive, personal care, pharmaceutical, food and beverages, construction industry, and others.
Based on application, the titanium oxide (TiO2) market is segmented into paints and coatings, pulp and paper, plastics, cosmetics, ink, plant growth enhancers and others.
Based on process, the titanium oxide (TiO2) market is segmented into sulfate and chloride.
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Titanium Oxide (TiO2) Market Country Level Analysis:
The global titanium oxide (TiO2) market is analyses and market size, volume information is provided by country by grade, end user, application, process and product as referenced above.
The countries covered in the titanium oxide (TiO2) market report are U.S., Canada, Mexico in North America, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Chile, Rest of South America as a part of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
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