Titanium Dioxide Market - Forecast(2020-2025)
Titanium Dioxide Market is forecast to reach $25.3 billion by 2025, after growing at a CAGR of 7.9% during 2020-2025. Rising demand for lightweight vehicles in order to reduce carbon emissions leads the market growth in upcoming years. Therefore, to maintain the efficiency of fuel and to enhance safety, the growing usage of lightweight materials is expected to enhance the positive impact on the titanium dioxide industry over the forecast period. The lightweight materials, when coated with titanium dioxide, increase the stability, durability, persistence, and scratch resistance. Titanium dioxide, also known as titanium(IV) oxide or titania, is the naturally occurring oxide of titanium, chemical formula TiO?. Titanium tetrachloride is the inorganic compound with the formula TiCl?. It is an important intermediate in the production of titanium metal and the pigment titanium dioxide Report Coverage The report: “Titanium Dioxide Market – Forecast (2020-2025)”, by IndustryARC, covers an in-...