Opacifiers market: increasing demand from major end-use industries across the globe is set to drive the growth of the global market.

Pune, India, January 2019/MRFR Press Release/- Market Research Future has published a half-cooked research report on the Global Opacifiers Market

Overview:

The global opacifiers market has been segmented by type, application, and region.

By product, the global opacifiers market has been segmented into titaniopacifiers market dioxide, opaque polymers, zircon, zinc oxide, cerium oxide, antimony trioxide, tin oxide, and arsenic trioxide. Among these, titanium dioxide is the leading segment owing to its extensive use as a whitener, scattering visible light resulting in opaque color and creating reflective and bright quality when applied to a surface. Additionally, it is used as a thickener and pigment for creams and sunscreen products owing to its transparent and UV absorption characteristics.

Based on application, the market has been segmented into paints & coatings, plastics, ceramics, paper, personal care, inks, fibers, home care, glass, and others. The paints & coatings segment accounted for a major market share in 2017 on account of the high demand for paints & coatings in major end-use industries such as aerospace, automotive, construction, consumer electronics, marine, and ship-building.

Regional Analysis

Regionally, the global market has been segmented into five regions, namely, Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.

The market in Asia-Pacific dominated the global opacifiers market in 2017 due to the high demand for paints & coatings in the automotive, aerospace, construction, and marine industries. The rapid industrialization and urbanization in the region are the primary factor affecting the growth of the Opacifiers market.

The demand from the paints & coatings, aerospace, defense, consumer goods, and electronics industries is driving the market in the North American region.

The European market is primarily driven by the high demand for paints & coatings in automotive industries in countries such as Germany, UK, France, and Italy.

Competitive Analysis

Some of the manufacturers operating in the global opacifiers market are DowDuPont (US), Arkema (France), Ashland (US), TAYCA (Japan), The Chemours Company (US), Tronox Limited (US), KRONOS Worldwide, Inc. (US), CRISTAL (Saudi Arabia), Alkane Resources Ltd (Australia), En-Tech Polymer. Co., Ltd (South Korea), and Venator Materials PLC (UK). 

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