Global Opacifiers Market, By Type (Titanium Dioxide, Opaque Polymers, Zircon, Zinc Oxide, Cerium Oxide, Antimony Trioxide, Tin Oxide and Arsenic Trioxide), Applications (Paint and Coatings, Plastics, Ceramics, Paper, Inks, Fibres, Personal Care, Home Care, Glass and Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights of Opacifiers Market
Rising demand for the cosmetic products or rising cosmetic industry has boosted the demand for opacifiers resulting in the market currently valuing USD 17.13 billion. Data Bridge Market Research analyses that the opacifiers market is inclined to project a CAGR of 6.4% for the forecast period of 2021-2028. Based on the current market trends, the market value would climb up to USD 28.14 billion by the end of this period.
An opacifier is a chemical that is used to add to substances or materials that makes them opaque. The opacifiers are majorly used in paints, plastics, and papers. In simple words, opacifiers are the chemicals that are used to convert transparent objects into opaque objects. This process involves three stages namely thermal expansion, crystallization, and suspended micro-bubbles. The opacifiers are highly demanded in the cosmetics industry because the use them makes cosmetics impervious to the light.
Growth in the paint and coating industry is directly proportional to the growth of the opacifiers market. Increased research and development to improve the technology involved in manufacturing the opacifiers will further create more demand for the opacifiers market. The eco-friendly properties of the opacifiers too will attract the eyeballs of many manufacturers and will further create more opportunities for the growth of the market. The automobile sector highly demands the use of many opacifiers. It is not the fact that the automobile sector is rapidly expanding its roots across the globe. This will in turn translate into the growth of opacifiers market. Rapid urbanization and modernization are also responsible for giving opacifiers market a platform to shine.
However, the fluctuations in the prices of raw materials will definitely hamper the opacifiers market growth rate. Also, underdeveloped personal care in many countries will too bring down the growing rate of the opacifiers market. Moreover, restrictions imposed by the government of many countries on certain opacifiers will hammer down the growth of the market.
This opacifiers market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on opacifiers market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Opacifiers Market Scope and Market Size
The opacifiers market is segmented on the basis of type and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of type, the opacifiers market is segmented into titanium dioxide, opaque polymers, zircon, zinc oxide, cerium oxide, antimony trioxide, tin oxide, and arsenic trioxide.
- The opacifiers market is segmented on the basis of application into paint and coatings, plastics, ceramics, paper, inks, fibres, personal care, home care, glass and others.
Global Opacifiers Market Country Level Analysis
The opacifiers market is analysed and market size, volume information is provided by country, type and application as referenced above.
The countries covered in the opacifiers market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific is expected to witness the highest growth rate due to the increasing demand for personal care products. High adoption rate for opacifiers will further contribute to the fast pacing growth in this region. The growing economy and increasing population are some other factors due to which this region would do wonders in the opacifiers market. Increasing construction of houses in the developing countries because of the growing population would definitely demand more and more use of opacifiers.
The country section of the opacifiers market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Opacifiers Market Share Analysis
The opacifiers market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to opacifiers market.
The major players covered in the opacifiers market report are DuPont, Arkema, Ashland, TAYCA, The Chemours Company., Tronox Holdings plc, KRONOS Worldwide, Inc., Alkane Resources Ltd, HANKUCK LATICES Co., Ltd., Organik Kimya., Croda International Plc, Evonik Industries AG, CINKARNA Celje d.d., Lomon Billions, ISHIHARA SANGYO KAISHA, LTD., Grupa Azoty., Precheza, Argex Titanium Inc., Cera-Chem Pvt. Ltd. and Greentech Industries (India) Private Limited. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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