Asia-Pacific Consumption Drives Growth in the Nanoparticle Titanium Dioxide Market
Titanium dioxide is among the widely produced chemical compounds globally, used as white pigment in consumer products including coatings, printing inks, plastics, and sunscreens. Growth in the market is forecast to be driven by growing consumption in Asia-Pacific, especially in China, according to a recent study from Global Industry Analysts Inc.
Factors driving demand for titanium oxide nanoparticles in the cosmetics industry include rising disposable income, growing focus on appearance maintenance, and increased consumer spending. Other emerging application areas include use in antiseptic drug formulations, paper manufacturing, printing ink, glass, coatings and ceramics.
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