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Nano Titanium Dioxide Market Size, Share, Competitive Landscape, Applications, Future Outlook, Market Insights
Nano Titanium Dioxide Market
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Nanoscale titanium dioxide is approximately 100 times finer than the titanium dioxide (TiO2) pigment and is commonly applicable in high-factor sun protection creams, textile fibers or wood preservatives, paints & coatings, and plastics. Factors that drive the nano titanium dioxide market are upsurge in demand for passive protective coatings, growth in penetration of UV-filters in personal care products & sunscreens, and trend towards environmental sustainability. However, toxicity at higher concentration is expected to hamper the market growth along with rise in penetration of nano zinc oxide.
According to Eswara Prasad, Team Lead, Chemical Research at Allied Market Research, "Nano titanium dioxide market is driven by its extraordinary physio-chemical properties, which results in improved performance of end-products."
In 2015, cosmetics was the largest application segment, in terms of revenue and volume, with more than one-third share followed by paints & coatings, pigments, plastics, energy, and others. Furthermore, in cosmetic application nano titanium dioxide is used as UV blocker in various sunscreen applications.
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In 2015, Europe and Asia-Pacific collectively accounted for nearly two-thirds of the worldwide demand for nano titanium dioxide and are expected to maintain their lead position throughout the forecast period. However, Asia-Pacific is projected to be the fastest growing region, with a CAGR of 21.3%, in value terms, followed by LAMEA, North America, and Europe.
Major players in the industry invest significantly in research & development to launch new commercial applications at low cost. Strategic collaborations & business expansion are the other major strategies adopted by some of the industry players. The major companies profiled in the report include BASF SE, Cabot Corporation, CINKARNA Celje d.d., Cristal, Croda International Plc, E. I. Du Pont De Nemours and Company, Evonik Industries AG, Huntsman International LLC, Nano-Oxides Inc., NanoScale Corporation, and Tayca Corporation.
Key offerings of the report:
• Key drivers & Opportunities: Detailed analysis on driving factors and opportunities in different segments for strategizing.
• Current trends & forecasts: Comprehensive analysis on latest trends, development, and forecasts for next few years to take next steps.
• Segmental analysis: Each segment analysis and driving factors along with revenue forecasts and growth rate analysis.
• Regional Analysis: Thorough analysis of each region help market players devise expansion strategies and take a leap.
• Competitive Landscape: Extensive insights on each of the leading market players for outlining competitive scenario and take steps accordingly.
Browse Full Report Summary: https://www.alliedmarketresearch.com/nano-titanium-dioxide-market
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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