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Industry Experts, Inc. announced the new 2024 version of its global market research report on Titanium Dioxide (TiO2) . The study reveals that the TiO2 market is the largest in Asia-Pacific in terms of both volumes and value with an estimated 3.4 million metric tons and US$6.4 billion respectively in 2023. The several unique properties of titanium dioxide, one of which is high refractive index, has made the material invaluable in a number of applications, ranging from paints and coatings to plastics and paper, among others. Titanium dioxide also finds application in printing inks, cosmetics and personal care products, food, textiles and pharmaceuticals. The primary sources of titanium dioxide include anatase, ilmenite and rutile, with almost half of the total global titanium dioxide being obtained from ilmenite. Sulfate and chloride are the two processes by which titanium dioxide is produced commercially, of which the sulfate process is the dominant technology. Architectural Paints ...

Industry Experts published the new market research report on Titanium Dioxide. The new report ‘ Titanium Dioxide (TiO2) – A Global Market Overview ’ reveals that Asia-Pacific is the largest volume market for Titanium Dioxide worldwide, forecast to be 2.9 million metric tons (47% share) in 2016 and projected to reach 4 million metric tons by 2022 to reflect the fastest CAGR of 5.6% between the two years. The region is also projected to be the fastest growing Titanium Dioxide market during 2016-2022 in terms of both volume consumption and market value. Stringent automobile emission control norms worldwide and concerns regarding fuel efficiency have compelled manufacturers to take measures for reducing vehicle weight considerably, thereby propelling demand for lightweight vehicles. One method of reducing vehicle weight is incorporating polycarbonates as replacement for part of the steel structures used in auto manufacturing. However, polycarbonates suffer from some drawbacks, such as lo...