TITANOCENE DICHLORIDE MARKET ANALYSIS

Titanocene Dichloride Market, By Derivatives (Alkoxyl, Alkyl, and Azo), By Application (Polymerization, Hydrogenation, Organic Synthesis, Active Pharmaceutical Ingredient, and Semiconductors), By End-use Industry (Coatings and Packaging, Pharmaceutical, Electronics, Automobile, and Agricultural), By Region (North America, South America, Europe, Asia Pacific, and Middle East & Africa) – Size, Share, Outlook, and Opportunity Analysis, 2022-2028

Global Titanocene Dichloride Market Outlook:

Among application, polymerization segment is expected to account for the largest market share. TDC is used as a catalyst in polymerization reactions of propylene and ethylene, which are used to produce linear-low density polyethylene (for heat-sealing films), ethylene-propylene, ethylene-propylenediene rubber, and others. The demand for polypropylene and polyethylene is increasing due to its application in plastics, packaging, and automobiles. According to plastics and composites sector report (2015) of Academy of Sciences Malaysia, the global plastic demand is expected to reach 600 million tons by 2050. Emerging economies in Asia such as India is expected to contribute to higher market growth.
According to a knowledge paper of Federation of Indian Chambers of Commerce and Industry (February 2017), a plastic processing industry in India is expected to grow at a CAGR of 10.5% from 2015 to 2020 to reach 22 million metric tons per annum, which would in turn increase the demand for TDC