London, 24 April 2015 – An increase in demand from the personal care sector has resulted in the steady growth of the global titanium dioxide nanomaterials market, which is expected to post a CAGR of 12.02% from 2015-2019, says research firm Technavio.
About the Report
Traditionally, sun care product manufacturers have used titanium-based microparticles to increase the consistency and viscosity of their products, but these products were difficult to apply. Nanomaterial-based products are easy to use, have better consistency and provide superior UV protection compared to their older counterparts.
“The use of nanomaterial-based products in the skincare industry has increased significantly in recent years and is expected to present huge growth opportunities to the titanium dioxide nanomaterials market,” says Faisal Ghaus, Vice President of Technavio.
The new Technavio report also draws attention towards manufacturers that have increased their spending on R&D. As a result, many new applications are in their pilot or development phases, including advanced water filters for use in wastewater treatment and desalination.
Market Scope and Calculation of Market Size
This report covers the present scenario and growth prospects of the global titanium dioxide nanomaterials market from 2015-2019. To calculate the market size, the report considers revenue generated from sales of titanium dioxide nanomaterials in various industries and for experimental and laboratory use.
Key Information Covered in the Report:
Key Vendors:
ACS Material
American Elements
Cristal Inc.
Evonik Industries
Huntsman Corp. (Sachtleben)
MKnano
Sigma-Aldrich Co. LLC.
Tronox Ltd.
US Research Nanomaterials
Xuancheng Jingrui New Material Co. Ltd.
Market Growth Drivers:
Demand from sun care product manufacturers
For a full detailed list, view our report.
Market Challenges:
Production constraints
For a full detailed list, view our report.
Market Trends:
Increased R&D
For a full detailed list, view our report.
https://www.technavio.com/%3Cp%3E%3Cspan%20style%3D%22line-height%3A%201….
