Research firm Technavio revealed in its latest report that an unprecedented and increased demand from the personal care sector will create a four-year continuous growth for titanium dioxide nanoparticles market.

Like Us on Facebook

Titanium dioxide nanomaterials have been an essential aspect of various industries' research and development for its low cost, availability, and simple production process. But the mineral has just recently found its significance in the cosmetics segment.

The use of titanium-based nanoparticles in sun care products to enhance consistency and thickness has become a trend among cosmetics producers since 2010. The growing trend has spurred large demand for titanium dioxide on the global market.

According to experts, titanium dioxide nanomaterials offer better consistency and UV protection compared with other ingredients. These are also cheaper and more available on the market.

"The use of nanomaterial-based products in the skincare industry has increased significantly in recent years and is expected to present huge growth opportunities to the titanium dioxide nanomaterials market," said Faisal Ghaus, Vice President of Technavio.

The use of titanium dioxide for cosmetics remains a hot topic for debate today. Some think that titanium is injurious to the human body, while some believe it's harmless as long as it is used reasonably.  

Apart from the cosmetics industry, titanium dioxide nanoparticles are also used in the medical field, paints and coatings production, solar cell applications, and food industry.

Today, the global supply remains stable, as titanium dioxide is among the most abundant minerals on earth. Titanium dioxide nanomaterials are created in various types of crystal structures, and the most common sources for the mineral are anatase, ilmenite, and rutile.

Although there are numerous problems affecting the global supply segment, production of the mineral will remain secure in the 2015-2019 period. By 2017, several newcomers are expected to join the global commerce.

Among which is Santiago, Chile-based White Mountain Titanium Corporation (OTCQB:WMTM). The company owns the Cerro Blanco Property, a 17,041-hectares rutile deposit that is considered one of the largest titanium dioxide facilities in the world today.

Technavio also suggested that research and developments in the cosmetics industry will experience growth, as various companies will continue to delve deeper into the mineral's unexplored potentials.

However, the global titanium dioxide capacity growth is currently experiencing stagnation despite overall market stability. Supply and demand will focus on the Chinese market, as the country's economy is now recovering from previous losses.

According to market solution firm ReportLinker, the current titanium dioxide global capacity stands at 2.935 million tons in 2013, up 5.4 percent year over year. This accounts for about 45 percent of the world's total production.

The global titanium dioxide nanomaterials market is expected to record a Compound Annual Growth Rate (CAGR) of 12.02 percent from 2015-2019.

Tagstitanium dioxide, titanium dioxide supply and demand, nanoparticles market, titanium dioxide market, Chinese titanium dioxide market, White Mountain Titanium, Supply in 2019