Australia Market Study on Titanium Dioxide: Paints and Dyes Application to Dominate Over the Forecast Period 2016-2024


  • Published On : Aug-2016 |
  • Pages : 83 Pages |
  • Format :

Persistence Market Research (PMR) report analyzes the Australia titanium dioxide market. This study provides data for 2015 along with that for the forecast period (2016–2024). The main objective of the report is to identify opportunities in the market and provide recent updates and insights affecting various segments of the Australia titanium dioxide market.

To understand and assess opportunities in this market, the report is categorically divided into three sections namely, by product type, by mineral grade, application, and region. By application, the market is segmented into dyes & paints, plastics & rubber, paper, pure titanium metal & welding rods, and others. The report provides analysis of the Australia titanium dioxide market in terms of market volume (kilotons) and market value (US$ Mn). By product type, the market is segmented into pigments and non-pigments.

The report provides detailed insights about the Australia titanium dioxide market performance in terms of value and volume. The report also includes PMR’s analysis of drivers and restraints influencing the market. Key trends in the market and regulations for titanium dioxide market are also included in the report to provide clients with decision-making insights.

The subsequent sections analyze the Australia titanium dioxide market on the basis of product type, mineral grade, application, and region, and presents a forecast for the period 2016–2024. The market is segmented as follows:

By Product Type

  • Pigments
  • Non-pigments

By Application

  • Dyes & paints
  • Plastics & rubber
  • Paper
  • Pure titanium metal & welding rods
  • Others

By Region

  • New South Wales
  • Victoria
  • Queensland
  • Western Australia
  • Rest of Australia

To deduce market size, the report considered various viewpoints based on secondary research. Furthermore, data points such as regional split and market split by product type, by mineral grade, by application, and qualitative inputs from industry experts have been taken into consideration to arrive at suitable market estimates. The forecast presented in the report evaluates the actual revenue generated and expected revenue in the Australia titanium dioxide market over the forecast period.

When developing the market forecast, the report begins with sizing up the current market, which forms the basis for forecasting how the market is anticipated to grow during the forecast period. Given the characteristics of the market, PMR triangulates the data on the basis of various analysis based on both supply side and demand side, and dynamics of the titanium dioxide market. However, quantifying the market across the aforementioned segments and regions is more a matter of quantifying expectations and identifying opportunities rather than rationalizing them at the end of the forecast period.

In an ever-fluctuating economy, we not only conduct forecasts in terms of CAGR, but also evaluate on the basis of key parameters, such as year-on-year (Y-o-Y) growth, to understand the predictability of the market and identify growth opportunities for players.

Another key feature of this report is the analysis of titanium dioxide market and the corresponding revenue forecast in terms of absolute dollar opportunity. This is usually overlooked while forecasting the market. However, absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve as well as to identify potential resources from a sales perspective in the titanium dioxide market.  

To understand key segments in terms of their growth and performance in the titanium dioxide market, Persistence Market Research has developed a market attractiveness index. The resulting index would help providers identify existing market opportunities.

In the final section of the report, the competitive landscape is included to provide a dashboard view of titanium dioxide manufacturers in Australia. The report also comprises strategic recommendations to capitalize on growth opportunities in the market and provides company profiles of some of the major players. This would enable clients to assess strategies deployed by market leaders and help them develop effective strategies accordingly.

Titanium dioxide finds application in various products such as paints, coatings, plastics, rubber, paper, and semiconductors. It is widely used due to its brightness and high reflective index. Major consumers of titanium dioxide include industries such as paints & coatings, paper, and plastics.

In terms of volume, the Australia titanium dioxide market was pegged at 55 kilotons (KT) in 2015. The market is anticipated to expand at a CAGR of 4.0% in terms of value over the forecast period (2016–2024).

Increasing demand for automobiles and housing due to increasing disposable income along with changing consumer preferences in emerging economies such as China and India are expected to fuel the growth of the paints & coatings industry, which in turn is expected to fuel demand for titanium dioxide pigments. This is anticipated to drive the growth of the titanium dioxide market in Australia as the country exports titanium dioxide pigments to these countries. Also, growing environmental concerns over clean energy sources are anticipated to drive demand for solar panels, which are manufactured using titanium dioxide pigments. This is expected to drive growth of the titanium dioxide market in Australia over the forecast period. However, factors such as global economic slowdown and growing use of substitutes such as silica in solar panels are expected to restraint growth of the titanium dioxide market.

The Australia titanium dioxide market has been segmented on the basis of product type, mineral grade, application, and region. On the basis of product type, the Australia titanium dioxide market is segmented into pigments and non-pigments. Pigment segment accounted for 93.7% revenue share of the Australia titanium dioxide market in 2015 and is expected to remain the dominant segment during the forecast period. The segment is also projected to be the fastest-growing segment by product type, registering a CAGR of 4.1% in terms of value over the forecast period.

By mineral grade, the titanium dioxide market in Australia has been segmented into Ilmenite grade, rutile grade, and others. Ilmenite grade segment accounted for 96% revenue share of the titanium dioxide market in 2015 and is expected to dominate the titanium dioxide market over the forecast period.

By application, the titanium dioxide market has been segmented into dyes & paints, plastics & rubber, paper, pure titanium metal & welding rods, and others. Dyes & paints segment is expected to be the dominant segment in the titanium dioxide market, accounting for over 63% revenue share of the Australia titanium dioxide market by 2024.

Key Regions

On the basis of key regions, the Australia titanium dioxide market has been segmented into New South Wales, Victoria, Queensland, Western Australia, and rest of Australia. Western Australia dominated the market with about 42% volume share in the titanium dioxide market in 2015. The market in Victoria accounted for the second-highest share by volume of about 23% in 2015.  The markets in Western Australia, New South Wales, and Queensland are anticipated to expand at significant CAGRs in terms of value over the forecast period.

titanium-dioxide-market

Key Players

Key producers in the Australia titanium dioxide market include Tronox Limited and Cristal Australia Pty Ltd. Both these players are involved in a production of titanium dioxide mineral sands and titanium dioxide pigments. They focus on efficient and low-cost operations by investing in various sustainable technologies such as using chloride process for the production of titanium dioxide pigment, which results in lesser amount of waste and easy recovery.

Company Highlights

  • Tronox Limited
  • Cristal Australia Pty Ltd
  • Iluka Resource Limited
  • Other
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