Global Opacifiers Market 2019 with current and future trends Forecast to 2026
Global Opacifiers Market By Type (Titanium Dioxide, Opaque Polymers, Zircon, Zinc Oxide, Cerium Oxide, Antimony Trioxide, Tin Oxide, Arsenic Trioxide), Applications (Paint & Coatings, Plastics, Ceramics, Paper, Inks, Fibres, Personal Care, Home Care, Glass, Others)
Market Definition: Global Opacifiers Market
Opacifier is a chemical agent which is added to a material, to make the ensuing system opaque. Titanium dioxide is an example of an opacifier which is used to opacify ceramic glazes. They are used in cosmetics products so that they can render them more, so that it can be impervious to visible light. Tin oxide and zircon compound are the common opacifiers. To produce an opaque glaze in specific colors they are combined with colorants.
Global Opacifiers Market is expected to rise from its initial estimated value of USD 15.07 billion in 2018 to an estimated value of USD 24.84 billion by 2026, registering a CAGR of 6.45% in the forecast period of 2019-2026. Increase in the cosmetic industry is the major factor for the growth of this market.
Competitive Analysis: Global Opacifiers Market
Global opacifiers market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of opacifiers market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Few of the major competitors currently working in opacifiers market are Alkane Resources Ltd, Argex Titanium Inc., Arkema, Ashland, The Chemours Company, CINKARNA Celje d.d., CRISTAL, Croda International Plc, DowDuPont, Evonik Industries AG, Grupa Azoty, HANKUCK LATICES CO.,LTD, Interpolymer Corporation, and Ishihara Sangyo Kaisha, Ltd.
Market Driver:
One of the advantages of the opacifier is that when they are resistant to discolouration under UV lights.
Market Restraint:
Stringent government regulations against certain oxides are restraining the growth of this market.
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