A recent report published by Infinium Global Research on
nanoparticle titanium dioxide market provides an in-depth analysis of segments and
sub-segments in the global as well as regional nanoparticle titanium dioxide
market. The study also highlights the impact of drivers, restraints, and macro
indicators on the global and regional nanoparticle titanium dioxide market over
the short term as well as long term. The report is a comprehensive presentation
of trends, forecast and dollar values of global nanoparticle titanium dioxide
market. According to the report, the global nanoparticle titanium dioxide
market is projected to grow at a CAGR of 8.31% over the forecast period of
2019-2025.
The evolution of nanotechnology has brought a change in various
industries. Nanoparticles are having enhanced physical and chemical properties
than their bulk materials counterparts. The titanium dioxide nanoparticles have
found their application in various end-use industries including paints,
coatings, cosmetics, plastics, paper, and others. The nanoparticle titanium
dioxide market is relatively new and highly fragmented in nature, where local
as well as international companies compete with each other to maintain their
position. The key players in the market including Chemours Company, Cristal
Global, Tronox Limited, Huntsman Corporation, E. I. du Pont de Nemours and
Company, BASF SE and others implement strategies such as partnerships,
acquisitions, and product innovation to expand their business.
The growing application of titanium dioxide in plastics, paints,
and cosmetics is majorly driving the nanoparticle titanium dioxide market. The
pigmentation and fixating property of the titanium dioxide nanoparticles have
increased the demand for plastics, paints, and cosmetics applications.
Moreover, the increasing demand for polycarbonate in the automobile industry is
supporting the growth of the nanoparticle titanium dioxide market. The titanium
dioxide nanoparticles are majorly used for the coating of polycarbonate in the
cars, which increases its demand. Furthermore, the rapidly expanding
construction industry is expanding the demand for titanium dioxide
nanoparticles. The paints and the coating used in the construction industry
consisting of titanium dioxide nanoparticles. However, the toxicity of titanium
dioxide nanoparticles at higher concentrations is the major restraining factor
for the growth of the nanoparticle titanium dioxide market. Nevertheless, the
rising investments in research & development are expected to offer
lucrative opportunities for the key players in the nanoparticle titanium
dioxide market.
In terms of region, North America generated the highest revenue
for nanoparticle titanium dioxide, dominating the global market. The largest
market share of the North America region attributed to the growing applications
in wastewater treatment for removing arsenic in the drinking water, and the
increasing application in cosmetics. Moreover, the increasing paint and coating
application for the construction industry in the region is expected to boost
the growth of the nanoparticle titanium dioxide market in North America.
The report on global nanoparticle titanium dioxide market covers
segments such as type, and application. On the basis of type, the sub-markets
include rutile, and anatase. On the basis of application, the sub-markets
include paints & coatings, cosmetics, plastics, pulp & paper, and other
applications.
The report provides profiles of the companies in the market such
as Chemours Company, Cristal Global, Tronox Limited, Huntsman Corporation, E.
I. du Pont de Nemours and Company, BASF SE, American Elements, US Research
Nanomaterials, Inc., Reinste Nano Ventures, Altair Nanotechnologies Inc., and other companies.
The report provides deep insights into the demand forecasts,
market trends, and micro and macro indicators. In addition, this report
provides insights into the factors that are driving and restraining the growth
in this market. Moreover, The IGR-Growth Matrix analysis given in the report
brings an insight into the investment areas that existing or new market players
can consider. The report provides insights into the market using analytical
tools such as Porter's five forces analysis and DRO analysis of nanoparticle
titanium dioxide market. Moreover, the study highlights current market trends
and provides forecast from 2019-2025. We also have highlighted future trends in
the market that will affect the demand during the forecast period. Moreover,
the competitive analysis given in each regional market brings an insight into
the market share of the leading players.
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