Mushrooming Adoption in Painting Applications Ensure Abundant Growth Opportunities for Australian Titanium Dioxide Market
The Australian Titanium dioxide market is forecasted to grow at a moderate value CAGR of 4.0% during the forecast period, according to a market study by XploreMR. Primarily used as a pigment in paints, coatings, plastics, rubber, paper, and semiconductors, titanium dioxide is finding substantial adoption in the automobile and housing industries for painting purposes.
Moreover, titanium dioxide is widely used in numerous industries, such as paints & coatings, plastics, and paper, among others, on the back of its brightness and high reflective index. In addition, the rising installation of solar panels in the region is also propelling the demand for titanium dioxide and will drive the market on a positive growth trajectory. On the other hand, factors such as global economic slowdown and growing use of substitutes such as silica in solar panels are expected to restraint the growth of the titanium dioxide market.
Usage of Titanium Dioxide Pigments in Paints & Coatings Shape Growth Trajectory
XploreMR (XMR) report analyzes the Australia titanium dioxide market. This study provides data for 2015 along with that for the forecast period (2016–2024). The main objective of the report is to identify opportunities in the market and provide recent updates and insights affecting various segments of the Australia titanium dioxide market.
To understand and assess opportunities in this market, the report is categorically divided into three sections namely, by product type, by mineral grade, application, and region. By application, the market is segmented into dyes & paints, plastics & rubber, paper, pure titanium metal & welding rods, and others. The report provides analysis of the Australia titanium dioxide market in terms of market volume (kilotons) and market value (US$ Mn). By product type, the market is segmented into pigments and non-pigments.
The report provides detailed insights about the Australia titanium dioxide market performance in terms of value and volume. The report also includes XMR’s analysis of drivers and restraints influencing the market. Key trends in the market and regulations for titanium dioxide market are also included in the report to provide clients with decision-making insights.
The subsequent sections analyze the Australia titanium dioxide market on the basis of product type, mineral grade, application, and region, and presents a forecast for the period 2016–2024. The market is segmented as follows:
Australia Market Study on Titanium Dioxide: Paints and Dyes Application to Dominate Over the Forecast Period 2016-2024Buy Now
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