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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.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by type
PART 07: Market segmentation by end-user
PART 08: Geographical segmentation
PART 09: Market drivers
PART 10: Impact of drivers
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Market trends
PART 14: Vendor landscape
PART 15: Key vendor analysis
PART 16: Appendix
PART 17: Explore Technavio
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