Rising Demand for TiO2 from Plastic and Rubber Industry Drives the Titanium Dioxide Market

Introduction

Titanium dioxide is used in various plastic products, such as polyolefins, PVC, engineering polymers, and laminates. The demand for titanium dioxide is increasing in PVC (Polyvinyl Chloride) manufacturing. Titanium dioxide helps in the protection of plastics that is used mainly in outdoor applications. It is used in the pipelines that are used for electricity, water, and gas supplies. Titanium dioxide is now used in the formation of plastics used outdoors due to its refractive property, durability, and brilliance of color. It gives plastic vital hardiness to withstand weather conditions and light damage and prevents the aging of plastic.

Titanium dioxide is now extensively being used in the doors and windows, which are mainly made-up of PVC. This is again to protect such features from extreme weather conditions. In the construction industry, reliability and durability are necessary for the safety and success of any development. By maintaining the plastic used on the doors and windows, the structure of the entire building is protected. The tough nature and strength of titanium dioxide make it a reliable and popular choice for different building materials.

By considering the rising demand for titanium dioxide, various big players are offering TiO₂ for plastic applications. For instance, The Chemours Company, one of the top players in the titanium dioxide industry, is offering Ti-Pure™ Solutions for Plastics. The demand for titanium dioxide is also increasing in the rubber industry. It is extensively used as filler in natural rubber and other polymer matrix composites.

Due to its low cost, high effective pigment, and high surface area per particle size, it is incorporated in various polymeric materials, such as rubber. It is used as a reinforcing agent and cost-reductive additive in rubbers. In addition, TiO₂ particles can improve the mechanical and physical properties of the rubbers. The growing rubber and plastic industry is expected to increase the demand for titanium dioxide in the near future. According to Statista, global plastic production in 2018 was around 360 million metric tons.

Competitive Players

Key Players

• Tronox Holdings plc
• Venator Materials Plc
• The Chemours Company
• Travancore Titanium Product Ltd.
• Ishihara Sangyo Kaisha, Ltd.
• Tayca Corporation
• Shanghai Jianghu Titanium White Product Co., Ltd.
• Lomon Billions
• KRONOS Worldwide, Inc.
• PARSHWANATH GROUP OF INDUSTRIES

Recent Developments

Segmentation

Titanium Dioxide Market: Segmentation

By Type

• Ultrafine
• Pigmentary

By Application

• Paints and coatings
• Paper and pulp
• Plastics and rubber
• Cosmetics

By Region

North America

• The U.S.
• Canada
• Mexico

Europe

• Germany
• France
• The U.K.
• Italy
• Spain
• Portugal
• Poland
• Russia
• The Rest of Europe

Asia-Pacific

• China
• Japan
• India
• South Korea
• Australia
• Indonesia
• Malaysia
• Singapore
• Vietnam
• The Rest of Asia-Pacific

Central and South America and the Caribbean

• Brazil
• Argentina
• The Rest of Central and South America and the Caribbean

The Middle East

• Saudi Arabia
• The UAE
• The Rest of the Middle East

Africa

• Nigeria
• South Africa
• The Rest of Africa