How Does Self-Cleaning Technology Expands Titanium Dioxide Industry?

The titanium dioxide market is projected to rise in the coming years, with the domination of the paints and coatings application, attributed to massive consumption of these products in numerous architectural applications. Moreover, the high requirement for the compound in paints and coatings is led by their high refractive index, non-toxic, and inert nature, along with the capability of absorbing ultraviolet rays.

Titanium dioxide Market Research Report@ https://www.psmarketresearch.com/market-analysis/titanium-dioxide-market

The surge in the paints & coatings in the titanium dioxide industry is led by the massive usage of the compound in them during their application on wall exteriors in both tropical and warm climates, led by the titanium dioxide’s ability to impart whiteness and light reflecting qualities, resulting in energy savings by reducing air conditioning requirement.

The sulfate holds a substantial share of the titanium dioxide market, ascribed to compound extraction from all the ores, such as rutile, titania slag, and ilmenite facilitated by the sulfate process, unlike the chloride process that enables the extraction of titanium dioxide only from rutile ores.

In addition, the technology involved in the sulfate process is mature and simple, and the devices used are easy to use, and possess higher resistance to corrosion, ascribed to such advantages, the sulfate process is projected to dominate in the coming years.

APAC generates significant sales revenue to the titanium dioxide industry, led by rapid urbanization, caused by population explosion, including penetration of key players and expansion of the construction industry in the region.

In addition, the rise in the infrastructure development activities in the emerging economies propels industry expansion, it includes the construction of offices, retail centers, apartments, hotels, offices, and civic infrastructure. It offers alluring opportunities for paints and coatings manufacturing companies to expand their business, led by opacity, ultra-white color, opacity, and high UV resistance, with the growing requirement of the paints and coatings, resulting in the rising growth of the titanium dioxide industry.

Moreover, the massive usage of the compound in various sectors, including plastics, cosmetics, inks, and paper offers plenty of opportunities for the manufacturing companies of titanium dioxide producers. China captures a significant share of the regional industry of the APAC, led by the titania’s high domestic production to cater to the country’s demand for paints and coatings.
Titanium Dioxide Market | Industry Report, 2030
The market for titanium dioxide is predicted to grow at a CAGR of 4.5% from 2020 to 2030. Paints & Coatings application category dominating market
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