Titanium dioxide is a coloring agent form of titanium produced as a white powder sourced from natural minerals such as slag, rutile, and ilmenite. Titanium pigment is extracted by using either sulphuric acid (sulphate process) or chloride process (chloride Route). The chloride route yield a pure product with a stiff range of particle size, but anatase pigments can only be produced by the sulphate route. Basically, chloride process is used for separation of titanium from ores. It is treated on 1000o c with carbon and chlorine gas and giving titanium tetrachloride. Based on the type the classification is done in the market of chloride process (TiO2) on the basis of demand which includes sulphate process and chloride process. Moreover, the basis on usage of the chloride process (TiO2) the applications are also split in the market differently includes paint, plastics, paper and others. Due to the numerous applications it is expected that the market will grow in the forecast period.
Due to significant increase in the market of chloride process (TiO2), many players have also entered in this market with proper and advance usage of chloride process (TiO2). According to the report analysis, ‘EUROPE CHLORIDE PROCESS TIO2 INDUSTRY SITUATION AND PROSPECTS RESEARCH’ suggests that some of the major companies which are currently functioning in this industry in the more effective manner for increasing the demand and usage of the product includes Chemours, Huntsman Corporation, Cristal, Kronos, Tronox, ISK, Lomon, Shandong Doguide Group, Tayca, CNNC HUAYUAN Titanium Dioxide, PRECHEZA, CinkarnaCeljed.d., GrupaAzoty, The Louisiana Pigment Company and others. Not only has this, the report also consists other important aspects of the market such as information about the competitive structure, end users of the chloride process (TiO2), important information about the key vendors such as strategies and policies, key trends, revenue, market share, gross margin and others. With the end user application it signify that in both consumption and production, chloride process (TiO2) is flourishing.
The market of the chloride is still at its nascent stage but with the vast usage and numerous application of the chloride process (TiO2) the market have fruitful opportunities in the upcoming years for the new entrants as well for the existing key vendors. Increasing industrialization, population and increase in disposable income have a significant impact on the market of chloride process (TiO2) as it will result in increase in the demand for plastics and paint industries further paint and plastics industries will create a promising growth opportunities to the market of chloride process (TiO2) in the near future.
With the development in the technology and upgradation in the old processing units of the chloride process (TiO2) it has been estimated that the market of Europe will grow rapidly in the coming period. Majorly due to increase in the demand and improvement in the production strategies and policies with the improving working environment the market has been spread across the Europe includes Germany, Russia, UK, France, Italy and other region. The demand for chloride process (TiO2) is extensively from the paper industry and from other industries also which makes the market more effective to grow globally. Therefore, the future of the market of chloride process (TiO2) is expected to be bright in the near future.
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Ankur Gupta, Head Marketing & Communications