The global titanium dioxide nanomaterials market grew at a CAGR of around 8% during 2015-2020. Titanium dioxide (TiO2) nanomaterial, or nanocrystalline titanium dioxide, refers to the particles of TiO2 with dimensions between 1 and 100 nanometers (nm). Some of the commonly used TiO2 nanomaterials include rutile, anatase and combination nanomaterials. They are generally used in photovoltaic, photocatalyst and electrochromic sensors, and the manufacturing of cosmetics and household products. They are also used as a dispersing agent, flocculent and whitening agent in surface coatings and plastics for enhanced performance and production of aesthetically appealing surfaces.
Significant growth in the cosmetics industry across the globe is one of the key factors creating a positive outlook for the market. TiO2 nanoparticles are extensively used in personal care products, such as sunscreens, perfumes, deodorants, anti-aging creams and moisturizers for improved performance. Furthermore, the increasing demand for TiO2 nanomaterials from the paints and coatings industry is also driving the market growth. They are primarily used as a white pigment due to their ultraviolet (UV) absorption and photocatalytic sterilizing properties. They are also coated with silica and alumina and covered with metals for other industrial applications. Additionally, various technological advancements, such as improvements in nanotechnology, and growing requirement for lightweight automotive components, are acting as other growth-inducing factors. These nanoparticles are used in polycarbonate coatings that are used as a substitute for metal and glass automobile components. Other factors, including rapid industrialization, especially in developing economies, along with extensive research and development (R&D) activities, are anticipated to drive the market further. Looking forward, IMARC Group expects the global titanium dioxide nanomaterials market to continue its moderate growth during the next five years.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global titanium dioxide nanomaterials market, along with forecasts at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, type and application.
Breakup by Type:
Combination of Rutile and Anatase Nanoparticles
Nanowires and Nanotubes
Breakup by Application:
Paints and Coatings
Cosmetic and Personal Care
Paper and Ink
Breakup by Region:
Middle East and Africa
The report has also analysed the competitive landscape of the market with some of the key players being ACS Material LLC, Altair Nanotechnologies Inc., Dupont De Nemours Inc., Huntsman Corporation, Kronos Worldwide Inc. (Valhi Inc.), Sigma-Aldrich Corporation (Merck KGaA), Skyspring Nanomaterials Inc., Tronox Limited, US Research Nanomaterials Inc. and Xuancheng Jingrui New Material Co. Ltd.
Key questions answered in this report:
How has the global titanium dioxide nanomaterials market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global titanium dioxide nanomaterials market?
What are the key regional markets?
What is the breakup of the market based on the type?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global titanium dioxide nanomaterials market and who are the key players?
What is the degree of competition in the industry?