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    Home > Coatings News > Paints and Coatings Market > The demand structure of titanium dioxide is stable, and the global supply is stable and rising

    The demand structure of titanium dioxide is stable, and the global supply is stable and rising

    • Last Update: 2022-05-12
    • Source: Internet
    • Author: User
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    The overall demand structure of titanium dioxide is stable, and the global supply of titanium dioxide is rising steadily

    From the perspective of demand structure, coatings will account for the highest proportion of titanium dioxide consumption in China in 2020, at 61%
    In addition, plastics and paper accounted for 18% and 10%, respectively, while ink and rubber accounted for a lower proportion of 3% and 2%, respectively

    Paint industry
    The paint industry is the largest user of titanium dioxide, especially rutile titanium dioxide, most of which are consumed by the paint industry
    The coatings made of titanium dioxide have high covering power, bright colors, good weather resistance, low dosage, and many varieties, which can protect the stability of the medium, and can enhance the mechanical strength and adhesion of the paint film, prevent cracks, prevent UV rays and moisture penetrate, helping to extend the life of the paint
    From 2016 to 2020, China's paint output increased from 19.
    008 million tons to 24.
    581 million tons, maintaining an overall upward trend with an average compound annual growth rate of 6.

    Among the coating products, the consumption of titanium dioxide in architectural coatings is the largest and has the greatest impact on the demand for titanium dioxide, while the consumption of architectural coatings is closely related to the real estate industry

    Titanium dioxide for plastic products
    is widely used in the plastics industry due to its high hiding power, high achromatic power and good performance with other pigments
    It can also improve the heat resistance, light resistance and weather resistance of plastic products, and improve the mechanical strength and electrical properties of plastic products
    From 2016 to 2020, China's plastic product output fluctuated within the range of 60 million tons to 80 million tons

    Global titanium dioxide supply is stable and rising.

    From 2013 to 2021, the global titanium dioxide production capacity will slowly climb, from 6.
    56 million tons to 8.
    4 million tons
    In contrast, China's titanium dioxide production capacity is released faster, from 2 million tons to 4 million tons
    The proportion of China's titanium dioxide production capacity in the global titanium dioxide production capacity has also continued to increase, reaching 47.
    62% in 2020

    In view of the current concentration of titanium dioxide production enterprises in China is still relatively low compared to overseas, only one Chinese titanium dioxide production enterprise of Longbai Group squeezes into the top five production capacity in the world.
    It is expected that with the further development and integration of the domestic titanium dioxide industry, There is still room for growth in China's titanium dioxide production capacity

    Export growth is good for domestic titanium dioxide manufacturers.

    In the second half of 2020, overseas demand for titanium dioxide began to recover.
    Combined with the tight supply at that time and pessimistic expectations for future supply, it will boost the price of titanium dioxide to a certain extent
    The price of titanium dioxide has risen from a periodic low of 12,500 yuan / ton to more than 20,000 yuan / ton, a year-on-year increase of about 60%
    Since then, the price of titanium dioxide has remained relatively firm, fluctuating within a narrow range around 20,000 yuan/ton

    From 2016 to 2021, the overall import volume of titanium dioxide remained low, and the import volume in 2021 was 168,300 tons, a year-on-year increase of 14.
    With the continuous improvement of the quality of titanium dioxide production by domestic enterprises, the continuous reduction of costs and the contraction of production capacity of major foreign titanium dioxide enterprises, the export volume of titanium dioxide in China continues to grow rapidly
    In 2016, the export volume of titanium dioxide was 717,300 tons, and in 2021, the export volume of titanium dioxide was 1,311,600 tons, with an average annual compound growth rate of 12.
    In view of the gradual recovery of overseas economy, the high operating rate of domestic titanium dioxide production enterprises will promote the further growth of titanium dioxide export volume
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