Special coatings requirements will be driving the development of titanium dioxide markets around the world
According to the analysis, the special coating etc led to the growth of consumer demand, the global value chain market value will reach 311 in 2022.
$900 million, at the same time the brics market driven economic growth cosmetics consumer demand will also become one of the strong power of titanium dioxide industry growth.
The 2014 global market value chain, which is about 151.
$700 million, of which the paint industry is one of the biggest consumption, total consumption of about $8 billion in 2014, due to the excellent hiding power, titanium dioxide is mainly used for building interior wall paint, and need to buy the light color in the outdoor and self-cleaning, ageing resistance, and other functions of architectural coatings applications, titanium dioxide is also preferred pigment, in the field of industrial coatings, because of the opacity, outdoor aging resistance and acid catalytic coating and coating curing in areas such as performance, unique titanium dioxide has gained widespread use.
Europe is the second largest consumer market in 2014, titanium dioxide, worth more than $4. 3 billion, Britain, Germany, Italy and France and other countries of the personal care market growth will be the future driver to the growth of titanium dioxide, especially the constant innovation of ultrafine titanium dioxide, will be for the application of titanium dioxide in the field of personal care and cosmetics to create new space.
2022 plastic industry chain, consumption of compound average annual growth rate of about 4.
5%, plastic doors and Windows in the future market demand growth will be positive influence on the formation titanium dioxide consumption.
2015 - the asia-pacific region
Compound annual growth rate (2022 titanium dioxide consumption
About 4%, while the market value CAGR is expected to reach 10%, the main consumption for coatings and paint, the pulp and paper industries.