Europe Opacifiers Market Size To Worth USD 8.61 Billion By 2033 | CAGR of 5.29%
Category: Chemicals & MaterialsEurope Opacifiers Market Size To Worth USD 8.61 Billion By 2033
According to a research report published by Spherical Insights & Consulting, the Europe Opacifiers Market Size is to Grow from USD 5.14 Billion in 2023 to USD 8.61 Billion by 2033, at a Compound Annual Growth Rate (CAGR) of 5.29% during the projected period.
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Browse key industry insights spread across 220 pages with 105 Market data tables and figures & charts from the report on the "Europe Opacifiers Market Size, Share, and COVID-19 Impact Analysis, By Product (Titanium Dioxide, Zinc Oxide, Zirco, Calcium Carbonate, and Others), By Application (Paints & Coatings, Plastics, Ceramic, Cosmetics, Paper, and Others), and Europe Opacifiers Market Insights, Industry Trend, Forecasts to 2033." Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/europe-opacifiers-market
Materials can be made opaque by adding compounds known as opacifiers. Paints, paper, and plastics are only a few of the many uses for them. These materials frequently contain titanium dioxide, a chemical opacifier. Glass enamel has been made opaque for millennia using opacifiers such as calcium antimonate, tin oxide, and lead arsenate. In Europe, opacifiers are utilized in a wide range of industries, such as electronics, paints & coatings, construction, automotive, and aerospace. Additionally, the market for opacifiers in Europe is expanding as a result of increased focus on creating environmentally friendly opacifiers. The performance of opacifiers, including their longevity, effectiveness, and adaptability, is being improved by manufacturers. The need for opacifiers is being driven by the rising demand for personal care items, such as skincare and cosmetics. Plastic opacifiers are becoming more and more in demand, especially for packaging. However, the market for opacifiers may grow slightly slower if raw material prices fluctuate.
The titanium dioxide segment is anticipated to hold the largest market share of the Europe opacifiers market during the projected timeframe.
Based on the product, the Europe opacifiers market is classified into titanium dioxide, zinc oxide, zircon, calcium carbonate, and others. Among these, the titanium dioxide segment is anticipated to hold the largest market share of the Europe opacifiers market during the projected timeframe. The demand for titanium dioxide opacifiers is being driven by the expanding demand for high-quality cosmetic products, the booming construction industry, and the developing automobile production. Paints, coatings, plastics, ceramics, and cosmetics are just a few of the industries that use titanium dioxide as an opacifier.
The paints & coatings segment is anticipated to dominate the Europe opacifiers market during the projected timeframe.
Based on the application, the Europe opacifiers market is categorized into paints and coatings, plastics, ceramic, cosmetics, paper, and others. Among these, the paints and coatings segment is anticipated to dominate the Europe opacifiers market during the projected timeframe. Paints and coatings commonly use opacifiers such as zinc oxide and titanium dioxide (TiO2) to increase opacity and concealing power, which results in a consistent and vibrant color finish.
Major vendors in the Europe opacifiers market include OMNOVA Solutions, Inc., Indulor, Venator Materials PLC, Tronox Holdings PLC Shs Class A, Kronos Worldwide Inc., Ashland Inc., Arkema SA, Dow Inc., and Others
Recent Developments
- In May 2024, EIT InnoEnergy is collaborating with an industrial enterprise. An important raw ingredient for the rubber, ceramic, glass, and cosmetics industries, green zinc oxide (ZnO) can now be produced on a larger scale because of the investment made in Catalyco.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at Europe, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the Europe Opacifiers Market based on the below-mentioned segments:
Europe Opacifiers Market, By Product
- Titanium Dioxide
- Zinc Oxide
- Zirco
- Calcium Carbonate
- Other
Europe Opacifiers Market, By Application
- Paints & Coatings
- Plastics
- Ceramic
- Cosmetics
- Paper
- Other
About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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