Global Nanoparticle Titanium Dioxide (Tio2) Market: Overview
The global nanoparticle titanium dioxide industry is a niche market and the demand for these materials is expected to gain a strong momentum in the coming years. The demand will especially arise from industries such as plastics, paints and pigments, printing inks, catalysts, paper, cosmetics, and glass. The demand for nanoparticle titanium dioxide is estimated to be more from Asia Pacific. A surge in the use of cosmetics is one of the drivers of the global Tio2 market. The growing use of plastic for the manufacturing of toys and various other objects will help drive the demand for nanoparticle titanium dioxide.
The report is a comprehensive analysis of the Tio2 industry and includes an overview of the historical and present figures, with the help of which, the future estimates are made. The report highlights key segments of the global nanoparticle titanium dioxide market and states the leading and declining segments along with the reasons behind their market performance. The current market trends are discussed in the report and so are future opportunities that will enable the market to grow. The report also discusses the key driving and restraining factors of the market. The impact analysis of these factors are also elaborated upon.
Global Nanoparticle Titanium Dioxide (Tio2) Market: Trends and Opportunities
The trend of light-weight vehicles is expected to benefit the global nanoparticle titanium dioxide market as the demand for polycarbonate is expected to increase in place of glass or metal. Titanium dioxide is extensively used to coat polycarbonate and thus, will drive the market’s growth in the coming years. A surge in construction activities across countries will also bolster the demand for titanium dioxide. Growth in construction activities will drive the demand for paints and coatings, and this in turn will benefit the market for nanoparticle titanium dioxide.
However, the global Tio2 industry is expected to be restrained by stringent regulations by various regulatory bodies with regards to carcinogenic properties. This is expected to hamper the growth of the market.
Global Nanoparticle Titanium Dioxide (Tio2) Market: Region-wise Outlook
The global nanoparticle titanium dioxide market is segmented on the basis of geography into Asia Pacific, Europe, North America, and the Rest of the World. It is anticipated that the demand will be high from Asia Pacific owing to an increased support from government for nanotechnology as well as the presence of a large number of companies that develop products and processes based on nanoparticles. China is expected to be a key contributor to the market. In addition to this, various other emerging nations are expected to witness a high growth in the Tio2 industry within the next few years. Moreover, high demand for cosmetics from countries such as the U.S., the U.K., France, Italy, Brazil, and Germany is expected over the coming years, which will drive the demand for Tio2 in these areas. A higher spending power and increasing number of beauty conscious people in these countries will also help drive the market.
Key Players Mentioned in the Report
The global nanoparticle titanium dioxide market is fragmented and comprises several players such as Nanotechnologies IncMulti-Direction (Bionano) Co. Ltd., ., Advanced Nanotechnology Ltd., Altair Nanomaterials, Access Business Group, 20 MICRONS, Advance Syntex, American Elements, Reinste Nanoventures Pvt. Ltd., American Dye Source, US Research Nanomaterials Inc., Shanghai Xiaoxiang Chemicals Co. Ltd., Nano Science and technology Consortium, and Qingdao Mingyu Industry Ltd.
Note : All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Transparency Market Research.