Global outlook of the titanium dioxide nanomaterials market

The market research analyst at Technavio predicts that the global titanium dioxide nanomaterials market will grow progressively at an impressive CAGR of more than 9% by 2020. One of the major factors contributing to the growth of the market will be the increasing popularity of titanium dioxide nanomaterials antifouling coatings as they help improve the durability and performance of shipping vessels. Additionally, these coatings are also used in fixed and floating offshore oil rigs, aid in decomposing the bacteria and organic substances on the surface and prevents corrosion of metal hulls. Also, titanium dioxide nanomaterials and silver doped titanium dioxide nanomaterials are widely used as marine antifouling for underwater archaeological sites. The businesses will also promote titanium dioxide nanomaterials for antifouling coatings as they have self-cleaning and pollutant-degrading properties.

During 2015, the Americas dominated the market, accounting for approximately 38% of the total market share. The extensive use of nanomaterials as a pigment in the production of paints and coatings will fuel the growth of the American market. The vendors will invest in researchers and manufacturers to innovate advanced products with titanium dioxide nanomaterials, which will, in turn, witness augmented demand from the shipbuilding industry.

Competitive landscape and key vendors

The market is dominated by a few prominent vendors that control the level of competition in the market. Vendors concentrate on marketing strategies and target various sectors such as automotive, chemical manufacturing, electronics, solar energy, pharmaceuticals and cosmetics, and architectural industry. The integration of several vendors in many stages of the value chain for continuous raw material supply and maintenance of low manufacturing cost will foster competition during the forecast period.

Leading vendors in the market are -

• American Elements
• EPRUI Nanomaterials and Microspheres
• Reinste
• Sigma-Aldrich
• US Research Nanomaterials

Other prominent vendors are Meliorum Technologies, Nano Composix, Xuancheng Jingrui, Advanced Nano Products, and Applied Nanotech Holdings.

Segmentation based on type and analysis of the titanium dioxide nanomaterials market

• Rutile nanoparticles
• Anatase nanoparticles
• Combination of rutile and anatase nanoparticles
• Nanowires and nanotubes

During 2015, rutile nanomaterials dominated the market by accounting for around 35% of the total market share. The primary factors contributing to this segment’s growth are its ease of production and its superior UV scattering ability.

Segmentation based on end-user and analysis of the titanium dioxide nanomaterials market

• Personal care products
• Paints and coatings
• Energy sector
• Paper and ink manufacturing

According to the market research analysts, the personal care products segment will dominate the market by growing at a CAGR of close to 13% by 2020. Titanium dioxide nanomaterials are used in personal care products as a UV filter in sunscreen and lotions as they scatter light in UV-A and UV-B regions and transmit visible light, thus, protecting the skin from detrimental effects of UV radiation. The increasing usage of titanium dioxide nanomaterials for the production of sun care products will aid in this segment’s growth over the next four years.

Key questions answered in the report include

• What will the market size and the growth rate be in 2020?
• What are the key factors driving the global titanium dioxide nanomaterials market?
• What are the key market trends impacting the growth of the global titanium dioxide nanomaterials market?
• What are the challenges to market growth?
• Who are the key vendors in the global titanium dioxide nanomaterials market?
• What are the market opportunities and threats faced by the vendors in the global titanium dioxide nanomaterials market?
• Trending factors influencing the market shares of the Americas, APAC, Europe, and MEA.
• What are the key outcomes of the five forces analysis of the global titanium dioxide nanomaterials market? 

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