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Global Tita is expected to reach USD17.12 Billion in 2020

Transparency Market Research has published a new market report titled "Titanium Dioxide Market for Paints & Coatings, Plastic, Paper and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020." According to the report, the global titanium dioxide market was valued at USD 13.14 billion in 2013 and is anticipated to reach USD 17.12 billion by 2020, expanding at a CAGR of 3.8% from 2014 to 2020.
Titanium dioxide is a white-colored, solid, inorganic material with high thermal stability and poor solubility. Major raw materials used in the production of titanium dioxide include mineral sources such as ilmenite and rutile. Major processes used in the manufacturing of titanium dioxide include sulfate process and chloride process.
Demand for lightweight vehicles has increased due to rising demand for fuel-efficient vehicles. This trend is estimated to continue during the forecast period. Polycarbonate, a thermoplastic, is used as a substitute for metal and glass-based automotive parts in lightweight materials. However, low scratch resistance of polycarbonate has restrained its market growth.
Titanium dioxide is one of the major coating materials used to coat polycarbonate. Therefore, rising demand for lightweight vehicles coupled with increasing demand for polycarbonate has been a major factor driving demand for titanium dioxide. Demand for titanium dioxide nanoparticles has increased in the recent times. This is projected to drive growth of the titanium dioxide market during the forecast period. There has been an increase in the number of stringent regulations in the titanium dioxide market due to environmental and health hazards associated with titanium dioxide. This is one of the major factors hampering demand for titanium dioxide. Rising demand for coatings in photovoltaic modules to increase their efficiency is likely to offer high growth opportunities in the titanium dioxide market.
Based on application, demand for titanium dioxide has been segregated into four major segments: paints & coatings, plastic, paper, and others. Paints & coatings was the largest application segment for titanium dioxide in 2013 and accounted for over 50% of the market share in the same year. This trend is expected to continue during the forecast period. Plastic is anticipated to be the fastest growing application segment owing to high growth in end-user industries such as packaging and automotive. Other application segments include niche application segments such as artificial fibers and inks.
Asia Pacific dominated the global titanium dioxide market with a share of over 40% in 2013. This trend is estimated to continue during the forecast period. Asia Pacific is projected to be the fastest growing region in the next few years due to high growth in several end-use industries in emerging economies of India and China.
The titanium dioxide market is consolidated in nature; and the top four players constituted over 50% of the global market share in 2013. Major players in the titanium dioxide market include DuPont, Cristal Global, Kronos Worldwide and Tronox Limited.

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ADMA PRODUCTS GROUP
ALD VACUUM TECHNOLOGIES GMBH
DIRECT ALLOYS LLC
ELG UTICA ALLOYS, INC
EVRAZ STRATCOR, INC
GNB CORPORATION
KASTO INC
KEYWELL LLC
KV-TITAN LTD
NU-TECH PRECISION METALS
REX HEAT TREAT
RTI INTERNATIONAL METALS, INC
SCHULER INC
TITANIUM METALS CORPORATION
TORRESIN TITANIO SRL
UNITI TITANIUM
VONARDENNE VACUUM EQUIPMENT
VSMPO-TIRUS US
ZAK INCORPORATED
BAOSTEEL SPECIAL MATERIAL 
BAOJI FIRST TITANIUM INDUSTRY GROUP
BAOJI YUNGSHENGTAI TITANIUM  
BAOJI TITANIUM INDUSTRY 
BAOTI GROUP 
BEIJING HONGDA TITANIUM PRODUCTION 
ENERAL RESEARCH INSTITUTE FOR NONFERROUS METALS
CHANGSHU SINO-TITANIUM SCIENCE AND TECHNOLOGY 
CHAOYANG JINDA GROUP
DERCHUN INDUSTRIES 
AEROSPACE RESEARCH INSTITUTE OF MATERIALS & PROCESSING TECHNOLOGY
HUNAN GOLDSKY TITANIUM INDUSTRY TECHNOLOGY 
HUNAN XIANGTOU HOLDINGS GROUP
HUAXIA GROUP
LUOYANG SHIP MATERIAL RESEARCH INSTITUTE
LUOYANG SHUNYI TITANIUM 
PANGANG GROUP
QINGHAI SUPOWER TITANIUM 
SHAANXI LASTING TIANIUM IMPORT & EXPORT 
SHAANXI XINGSHENG METAL 
SHANGHAI EASYPACK 
SHENYANG DONGLI TITANIUM 
SHENYANG ZHONG HE JIAN HANG METAL MATERIALS 
WUXI FANGTAI EXPANDED METAL 
NORTHWEST INSTITUTE FOR NONFERROUS METAL RESEARCH
WESTERN TITANIUM TECHNOLOGIES 
SECO/WARWICK RETECH THERMAL EQUIPMENT MANUFACTURING
INDUCTOTHERM INDUSTRIES (SHANGHAI)
YUNNAN TITANIUM INDUSTRY
YUNNAN XINLI NONFERROUS METALS 
ZHEJIANG WUHUAN TITANIUM INDUSTRY 
ZUNYI TITANIUM
ADMA PRODUCTS GROUP
ALD VACUUM TECHNOLOGIES GMBH
DIRECT ALLOYS LLC
ELG UTICA ALLOYS, INC
EVRAZ STRATCOR, INC
GNB CORPORATION
KASTO INC
KEYWELL LLC
KV-TITAN LTD
NU-TECH PRECISION METALS
REX HEAT TREAT
RTI INTERNATIONAL METALS, INC
SCHULER INC
TITANIUM METALS CORPORATION
TORRESIN TITANIO SRL
UNITI TITANIUM
VONARDENNE VACUUM EQUIPMENT
VSMPO-TIRUS US
ZAK INCORPORATED
BAOSTEEL SPECIAL MATERIAL 
BAOJI FIRST TITANIUM INDUSTRY GROUP
BAOJI YUNGSHENGTAI TITANIUM  
BAOJI TITANIUM INDUSTRY 
BAOTI GROUP 
BEIJING HONGDA TITANIUM PRODUCTION 
ENERAL RESEARCH INSTITUTE FOR NONFERROUS METALS
CHANGSHU SINO-TITANIUM SCIENCE AND TECHNOLOGY 
CHAOYANG JINDA GROUP
DERCHUN INDUSTRIES 
AEROSPACE RESEARCH INSTITUTE OF MATERIALS & PROCESSING TECHNOLOGY
HUNAN GOLDSKY TITANIUM INDUSTRY TECHNOLOGY 
HUNAN XIANGTOU HOLDINGS GROUP
HUAXIA GROUP
LUOYANG SHIP MATERIAL RESEARCH INSTITUTE
LUOYANG SHUNYI TITANIUM 
PANGANG GROUP
QINGHAI SUPOWER TITANIUM 
SHAANXI LASTING TIANIUM IMPORT & EXPORT 
SHAANXI XINGSHENG METAL 
SHANGHAI EASYPACK 
SHENYANG DONGLI TITANIUM 
SHENYANG ZHONG HE JIAN HANG METAL MATERIALS 
WUXI FANGTAI EXPANDED METAL 
NORTHWEST INSTITUTE FOR NONFERROUS METAL RESEARCH
WESTERN TITANIUM TECHNOLOGIES 
SECO/WARWICK RETECH THERMAL EQUIPMENT MANUFACTURING
INDUCTOTHERM INDUSTRIES (SHANGHAI)
YUNNAN TITANIUM INDUSTRY
YUNNAN XINLI NONFERROUS METALS 
ZHEJIANG WUHUAN TITANIUM INDUSTRY 
ZUNYI TITANIUM

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ADMA PRODUCTS GROUP
ALD VACUUM TECHNOLOGIES GMBH
DIRECT ALLOYS LLC
ELG UTICA ALLOYS, INC
EVRAZ STRATCOR, INC
GNB CORPORATION
HOIRE CORPORATION
J.L. BECKER COMPANY
KASTO INC
KEYWELL LLC
KV-TITAN LTD
NU-TECH PRECISION METALS
PERRYMAN COMPANY
REPRESENTATIVE OFFICE IN HO CHI MINH CITY
REX HEAT TREAT
RTI INTERNATIONAL METALS, INC
SCHULER INC
TITANIUM METALS CORPORATION
TORRESIN TITANIO SRL
UNITI TITANIUM
VONARDENNE VACUUM EQUIPMENT (SHANGHAI)
VSMPO-TIRUS US
ZAK INCORPORATED
BAOJI QICHENG NON-FERROUS METALS
BAOSTEEL SPECIAL MATERIAL 
BAOJI FIRST TITANIUM INDUSTRY(GROUP)
BAOJI LIXING TITANIUM GROUP 
BAOJI QIANHAN TITANIUM INDUSTRY 
TIPRO WELDING WIRES 
BAOJI SHOUSHAN PIPE FITTINGS 
BAOJI YUNGSHENGTAI TITANIUM INDUSTRY 
BAOJI TITANIUM INDUSTRY 
BAOTI GROUP LTD
BEIJING HONGDA TITANIUM PRODUCTION 
BEIJING TITAN HYPERSPACE TRADE 
SOLAR MANUFACTURING
ENERAL RESEARCH INSTITUTE FOR NONFERROUS METALS
CHANGSHU SINO-TITANIUM SCIENCE AND TECHNOLOGY 
CHANGZHOU HYTEC 
CHANGZHOU CHINA STEEL PRECISION MATERIALS 
CHAOYANG JINDA GROUP
DERCHUN INDUSTRIES 
DONGGANG DAJI NONFERROUS METAL MATERIAL 
DONGGANG CITY ORIENT HIGH-NEW METAL MATERIAL 
DING DING BAOJI TITANIUM PRODUCTS 
HAILONG(ZHANGJIAGANG) INDUSTRY 
AEROSPACE RESEARCH INSTITUTE OF MATERIALS & PROCESSING TECHNOLOGY
HUNAN GOLDSKY TITANIUM INDUSTRY TECHNOLOGY 
HUNAN XIANGTOU HOLDINGS GROUP 
HUAXIA GROUP
JIANGYIN TITANIUM TUBE MANUFACTURING 
JINZHOU TITANIUM INDUSTRY 
LINQU XINRUI TITANIUM PRODUCTS 
LUOYANG SHIP MATERIAL RESEARCH INSTITUTE
LUOYANG SHUNYI TITANIUM 
BRIEF INTRODUCTION OF NANJING BAOSE D
NANJING MAICI TITANIUM
NINGXIA ORIENT TANTALUM INDUSTRY CO., LTD. TITANIUM BRANCH
PANGANG GROUP JIANGYOU CHANGCHENG SPECIAL STEEL 
PANGANG GROUP COMPANY 
TITANIUM INDUSTRY BRANCH OF PANZHIHUA GANGQI XINYU CHEMICAL INDUSTRY 
QINGHAI SUPOWER TITANIUM 
SHAANXI LASTING TIANIUM IMPORT & EXPORT 
SHAANXI XINGSHENG METAL
SHANGHAI EASYPACK 
SHENZHEN SUMMIT LEVITATION METALLURGICAL SCIENCE AND TECHNIQUE 
SHENZHEN ELEMENT TITANIUM METAL MANUFACTURE 
SHENYANG DONGLI TITANIUM
SHENYANG HANRUIDA TITANIUM INDUSTRY 
SHENYANG ZHONG HE JIAN HANG METAL MATERIALS 
TIMET TITANIUM METALS CORPORATION
WUXI FANGTAI EXPANDED METAL 
XI’AN SAITE METAL MATERIALS DEVELOPMENT 
NORTHWEST INSTITUTE FOR NONFERROUS METAL RESEARCH
WESTERN SUPERCONDUCTING TECHNOLOGIES
SECO/WARWICK RETECH THERMAL EQUIPMENT MANUFACTURING 
XUYI LINGFENG INDUSTRIAL MATERIAL 
INDUCTOTHERM INDUSTRIES
YUNNAN TITANIUM INDUSTRY 
YUNNAN XINLI NONFERROUS METALS 
ZHANGJIAGANG HUAYU NONFERROUS METAL MATERIAL 
ZHEJIANG WEIDOULI SPECIAL VALVE MANUFACTURING 
ZHEJIANG WUHUAN TITANIUM INDUSTRY
ZUNYI TITANIUM 

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