Opacifiers Market - By Type (Titanium Dioxide, Zinc Oxide, Zirco, Calcium Carbonate,) By Application (Paints & Coatings, Plastics, Ceramics, Cosmetics,) By End-Use Industry (Construction, Automotive, Consumer Goods, Personal Care) & Forecast, 2024 - 2032
Description
Opacifiers Market - By Type (Titanium Dioxide, Zinc Oxide, Zirco, Calcium Carbonate,) By Application (Paints & Coatings, Plastics, Ceramics, Cosmetics,) By End-Use Industry (Construction, Automotive, Consumer Goods, Personal Care) & Forecast, 2024 - 2032
Opacifiers Market size is projected to depict over 6.2% CAGR from 2024 to 2032, due to increasing demand in industries, such as paints and coatings, plastics, and ceramics. Opacifiers are utilized to impart opacity, brightness, and whiteness to products for enhancing their aesthetic appeal and performance.
The growing construction and automotive sectors, particularly in emerging economies is boosting the demand for opacifiers in architectural coatings and automotive paints. As per the report of U.S. Census Bureau, the construction spending in the U.S., during January 2024 was projected at a seasonally adjusted annual rate of USD 2,102.4 billion. This increasing construction expenditure is driving the demand for opacifiers as a coating additive. The rising trend of eco-friendly and low-VOC formulations in various industries is also stimulating the adoption of eco-friendly opacifiers. Technological innovations in opacifier formulations and manufacturing processes will further fuel the industry progression.
The market is segregated into type, application, end-use, and region.
Based on type, the opacifiers industry value from the zinc oxide segment is anticipated to rise at 5.4% growth rate until 2032. This is owing to the growing demand for zinc oxide opacifiers in various applications, including paints, coatings, and personal care products. These opacifiers offer advantages, such as high opacity, brightness, and UV protection properties, making them suitable for a wide range of formulations. The rising preference for eco-friendly and non-toxic ingredients will also boost the product adoption.
Opacifiers market from the ceramics application segment will grow at 6.5% CAGR between 2024 and 2032, on account of the growing need to enhance the aesthetic appeal and functionality of ceramic products. Opacifiers are utilized to impart opacity, brightness, and color consistency to ceramic glazes and bodies for improving their appearance and performance. The thriving construction and tableware sector will also spur the demand for opacifiers in ceramics sector.
Regionally, the Europe opacifiers market size is projected to showcase 5.2% growth rate from 2024 to 2032. The thriving construction & automotive sectors is boosting the demand for opacifiers in paints, coatings, and plastics. The stringent environmental regulations are promoting the use of eco-friendly and low-VOC formulations. The growing focus on aesthetic appeal and performance enhancement in various applications will also provide impetus to the regional market progression.
Table of Contents
300 Pages
- Chapter 1 Methodology & Scope
- 1.1 Market scope & definition
- 1.2 Base estimates & calculations
- 1.3 Forecast calculation
- 1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Data mining sources
- 1.4.2.1 Paid sources
- 1.4.2.2 Public sources
- Chapter 2 Executive Summary
- 2.1 Industry 360 degree synopsis
- Chapter 3 Industry Insights
- 3.1 Industry ecosystem analysis
- 3.2 Technology & innovation landscape
- 3.3 Regulatory landscape
- 3.4 Industry impact forces
- 3.4.1 Growth drivers
- 3.4.2 Industry pitfalls & challenges
- 3.5 Growth potential analysis
- 3.6 Porter's analysis
- 3.6.1 Supplier power
- 3.6.2 Buyer power
- 3.6.3 Threat of new entrants
- 3.6.4 Threat of substitutes
- 3.6.5 Industry rivalry
- 3.7 PESTEL analysis
- Chapter 4 Competitive Landscape, 2023
- 4.1 Company market share analysis
- 4.2 Competitive positioning matrix
- 4.3 Strategic outlook matrix
- Chapter 5 Market Size and Forecast, By Type, 2018-2032 (USD Billion, Kilo Tons)
- 5.1 Key trends
- 5.2 Titanium dioxide
- 5.3 Zinc oxide
- 5.4 Zirco
- 5.5 Calcium carbonate
- 5.6 Others
- Chapter 6 Market Size and Forecast, By Application, 2018-2032 (USD Billion, Kilo Tons)
- 6.1 Key trends
- 6.2 Paints and coatings
- 6.3 Plastics
- 6.4 Ceramics
- 6.5 Cosmetics
- 6.6 Others
- Chapter 7 Market Size and Forecast, By End Use, 2018-2032 (USD Billion, Kilo Tons)
- 7.1 Key trends
- 7.2 Construction
- 7.3 Automotive
- 7.4 Consumer goods
- 7.5 Personal care
- 7.6 Others
- Chapter 8 Market Size and Forecast, By Region, 2018-2032 (USD Billion, Kilo Tons)
- 8.1 Key trends
- 8.2 North America
- 8.2.1 U.S.
- 8.2.2 Canada
- 8.3 Europe
- 8.3.1 Germany
- 8.3.2 UK
- 8.3.3 France
- 8.3.4 Italy
- 8.3.5 Spain
- 8.3.6 Rest of Europe
- 8.4 Asia Pacific
- 8.4.1 China
- 8.4.2 India
- 8.4.3 Japan
- 8.4.4 South Korea
- 8.4.5 Australia
- 8.4.6 Rest of Asia Pacific
- 8.5 Latin America
- 8.5.1 Brazil
- 8.5.2 Mexico
- 8.5.3 Argentina
- 8.5.4 Rest of Latin America
- 8.6 MEA
- 8.6.1 Saudi Arabia
- 8.6.2 UAE
- 8.6.3 South Africa
- 8.6.4 Rest of UAE
- Chapter 9 Company Profiles
- 9.1 Huntsman Corporation
- 9.2 The Chemours Company
- 9.3 Tronox Holdings plc
- 9.4 Kronos Worldwide, Inc.
- 9.5 Tayca Corporation
- 9.6 Arkema S.A.
- 9.7 ALTANA AG
- 9.8 Imerys SA
- 9.9 Sachtleben Chemie GmbH
- 9.10 Cristal (Now part of Tronox)
- 9.11 Kemira Oyj
- 9.12 Lomon Billions Group Co., Ltd.
- 9.13 Tioxide Group Limited
- 9.14 The Dow Chemical Company (Now Dow Inc.)
- 9.15 Venator Materials PLC
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