Titanium Dioxide Market Overview:Titanium dioxide is the result of a natural oxidization and is available in three forms like anatase, rutile, and brookite. The compound is one of the whitest materials on earth that finds prolific utility as pharmaceuticals, paints, coatings, cosmetics, plastics, paper, foods, and various other. This is expected to drive the global titanium dioxide market ahead with a 14.28% CAGR during the forecast period (2016-2023). Market Research Future (MRFR) reveals a possibility for the market to attain USD 44.954 billion by the end of 2023.
Factors to impact the global [FURL=https://www.marketresearchfuture.com/reports/titanium-dioxide-market-1081/]COVID-19 analysis on titanium dioxide market[/FURL] are end-users like automobile and construction industries that can substantially pull the market ahead. On the other hand, its highest refractive index makes it the choicest preference for a lot of companies. However, its carcinogenic properties and volatile prices can deter the expected market growth.
Titanium Dioxide Market Segmentation:
MRFR has made an in-depth analysis of the global titanium dioxide market report to unravel the potential of several factors that are expected to support the market in the future. The process includes a detailed segmentation comprising application and end users.
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Titanium Dioxide Market Competitive Landscape:
A number of companies are showing their keen interest in the global titanium dioxide industry. Their strategic moves are expected to bolster the holistic growth of the market. These companies have been profiled by MRFR for a thorough study of the probable trends that can impact the market in the future. These companies are Tronox Limited (US), DuPont (US), The Chemours Company Chemours (US), CRISTAL (Saudi Arabia), Shandong Doguide Group Co., Ltd (China), NL Industries, Inc (US), Huntsman International LLC. (US), Argex Titanium Inc. (Canada), Tayca Corporation (Japan), Evonik Industries (Germany), and others.