Titanium Dioxide Nanomaterials Market Size, Analysis and Forecasts, 2016-2020

Forecast report on Global Titanium Dioxide Nanomaterials Market 2016-2020 adds on RnRMarketResearch.com. The report covers the present scenario and the growth prospects of the global titanium dioxide nanomaterials market for 2016-2020. In order to calculate the market size, we considered the revenue generated through sales of titanium dioxide nanoparticles for applications such as personal care products, paints and coatings, energy sector, paper and ink, and others (catalyst, production of self-cleaning ceramics, production of self-cleaning cement, and glass industry).

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The global nanotechnology market is rife with innovations; most players in the nanotechnology market are rolling out new products for advanced industrial applications because of the cheap and simple process of producing titanium dioxide nanomaterials. This has led to a rapid increase in the number of titanium dioxide nanomaterial-based products in the market in recent years. By February 2015, around 180 products were launched, resulting in the rapid expansion of the market in newer sectors such as automobile and pollution control. The US accounted for the highest number of new product releases in 2014 and was followed by China and Canada. Other major contributors included France, Spain, and Germany.

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The analysts forecast global titanium dioxide nanomaterials market to grow at a CAGR of 9.42% by volume during the period 2016-2020. Emergence of new application areas will be a key trend for market growth. Metal oxide nanomaterials have unique mechanical and photocatalytic characteristics. Manufacturers have increased their spending on R&D for developing new applications. As a result, new applications such as advanced water filters for use in wastewater treatment...