Booming Construction and Automotive Industries Spur Demand for TiO2 to Touch 7.8 Million MTs by 2022
Summary
The use of this material in paints and coatings, its largest application area, is being supported by a simultaneous surge in construction activity, which has been more evident in the developing economies of Asia-Pacific and South America.This has led Chinese manufacturers to change tack and implement a slew of alternatives aimed at lowering the pollution caused by production of titanium dioxide.For more details, please visit http://industry-experts.com/verticals/chemicals-and-materials/titanium-dioxide-tio2-a-global-market-overview Hyderabad, India, August 14, 2016 --( PR.com )-- Industry Experts published the new market research report on Titanium Dioxide.The use of this material in paints and coatings, its largest application area, is being supported by a simultaneous surge in construction activity, which has been more evident in the developing economies of Asia-Pacific and South America.Global volume consumption of Titanium Dioxide is projected to reach 7.8 million metric tons by 2022 from a forecast 6.1 million metric tons in 2016 at a CAGR of 4.1% between 2016 and 2022.This report reviews, analyses and projects the Titanium Dioxide market for the period 2012-2022 globally and the regional markets including North America, Europe, Asia-Pacific, South America and Rest of World.