Opacifiers Market Demand, Application, COVID-19 Analysis, Share, Forecast 2023
Opacifiers Market overview
The global opacifiers market has been segmented by type,
application, and region.
By product, the global opacifiers market overview has been segmented into titanium dioxide, opaque polymers,
zircon, zinc oxide, cerium oxide, antimony trioxide, tin oxide, and arsenic
trioxide. Among these, the titanium dioxide is the leading segment owing to its
extensive use as whitener, scattering visible light resulting in opaque color
and creates 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.
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Opacifiers Market 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 industry growth in 2017 due to the high
demand for paints & coatings in automotive, aerospace, construction, and
marine industries. The rapid industrialization and urbanization in the region
are the primary factor affecting the growth of the COVID-19 analysis on Opacifiers
market.
The demand from the paints & coationgs, aerospace, defence,
consumer goods, and electronics industries is driving the market in the North
Ameican region.
European market is primarily driven by the high demand for paints
& coatings in automotive industries in countries such as Germany, UK,
France, and Italy.
Opacifiers Market 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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