Titanium Dioxide Consumption to Reach 6.1 Million Metric Tons by 2012 According to New Report by Global Industry Analysts



Driven by consistent end-use demand, global titanium dioxide (http://www.strategyr.com/Titanium_Dioxide_Market_Report.asp) consumption is projected to exceed 7.1 million metric tons by 2015. Asia-Pacific region (excluding Japan) is the largest consumer of titanium dioxide, accounting for a 33% share, followed by Europe with a share of 29%. Asia-Pacific is also projected to offer the highest growth potential, with a CAGR of 8.3% through the period 2001-2010.

China has emerged as one of the world'ss fastest growing consumers of the pigment. United States will depict a negative consumption trend due to weak housing and construction markets. Paints 's38; Coatings (http://www.strategyr.com/Titanium_Dioxide_Market_Report.asp) industry is the largest consumer, accounting for more than half of total consumption. Use in plastics industry is forecast to exceed a million tons by the year 2010, while growth in the paper industry will rise at a modest pace. The sharp rise in raw material prices spurred a series of price hikes by leading titanium dioxide producers in 2007-2008.

The TiO2 industry underwent a wave of acquisitions, closures, divestments and capacity expansions, resulting in consolidation and globalization. Participants in the concentrated industry include DuPont Titanium Technologies, Cristal Global, Tronox, Huntsman, Kronos, Ishihara Sangyo and Sachtleben Chemie GmbH, who collectively account for more than 70% of the world'ss production capacity. Titanium dioxide production is highly concentrated in North America and Western Europe. Production is concentrated primarily in North America and Western Europe.

The report titled Titanium Dioxide: A Global Strategic Business Report published by Global Industry Analysts, Inc., provides a comprehensive review of market trends, product overview, key markets worldwide, product introductions/innovations, and recent industry activity. The study emphasizes on demand, and production/supply, and prices to provide an incisive analysis of the market. Analysis of trends in end-use industries offers a comprehensive outlook of the market. The report analyzes market data and analytics in volume sales for regions such as the United States, Canada, Japan, Europe, Asia-Pacific (excluding Japan), the Middle East and Latin America.

For more details about this research report, please visit

http://www.strategyr.com/Titanium_Dioxide_Market_Report.asp

About Global Industry Analysts, Inc.

Global Industry Analysts, Inc., (GIA) (http://www.StrategyR.com/) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world'ss largest market research publishers. The company employs over 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of over 60,000 smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.

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Titanium Dioxide Consumption to Reach 6.1 Million Metric Tons by 2012 According to New Report by Global Industry Analysts