Global Titanium Dioxide Market| Growing Adoption of Water-Based Coatings to Augment Growth
The global titanium dioxide TiO2 market is expected to register a CAGR of close to 4% during the period 2018-2022, according to the latest market research report by Technavio.
The most significant factor that will drive the demands for TiO2 during the forecast period is the rise in global building and infrastructure construction activities. TiO2 is used as a whitening agent in construction materials, paints, and coatings because of the intensity of its opaque white color. TiO2-based paints also resist discoloration under intense heat and UV radiation due to which they are used widely in outer coatings of buildings.
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