A recent report published by Infinium Global Research on nanoparticle titanium dioxide market provides 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 coating of polycarbonate in the cars, which increase 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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