Titanium white powder overcapacity Paint industry is tested.

China Coatings Network
News: 2015 for the
coatings
industry, an extraordinary year, China's paint industry has gone through a hundred years of history, welcome, but this year the paint industry is also facing many tests, global economic growth slows down, the crude oil market plummeting, paint production decline led to the demand for raw materials for coatings with the decline. The coating raw materials market is affected by the pressure of the large environment and downstream industries. As early as 2013, the market price of paint raw materials is in a downward trend, it is understood that in 2013 the price of paint
filmed substances
is basically flat, solvent prices fell by 15%,
tum white powder
prices fell by 25%.
in the first half of 2015, the price of gold-redstone titanium dioxide powder showed a general trend of weak to strong to weak, from 12992 yuan/tonne in early January to 13,012 yuan/tonne (including tax) at the end of June, an increase of 0.16%. In the first half of 2015, the titanium dioxide market continued the 2014 market downturn. There are many factors affecting the downturn in the titanium dioxide market, except that the price of titanium essential ore is not optimistic, and the downstream coatings market is closely related.
statistics from the National Bureau of Statistics, China's total paint production reached 16.4819 million tons in 2014, an increase of 7.9% year-on-year. From January to May 2015, China's total coating production was 6.2384 million tons, a decrease of 0.94% YoY. The main factors of the decline are the decadence of the real estate market, the introduction of paint consumption tax, environmental regulations, etc. , under the influence of the decline in paint production, the demand for raw materials has followed the decline.
Titanium dioxide is an important pigment in coatings, in 2015 titanium dioxide export growth rate was reduced: according to statistics, in January-May 2015, China's titanium dioxide export volume of 228,000 tons, year-on-year growth rate of only 1.17%, compared with the same period last year export growth rate of 57.37 percent, so titanium white powder export growth rate fell by as much as 56.2%. The growth rate of titanium dioxide export and the growth rate of domestic paint production are the main reasons for the low growth rate of titanium dioxide demand.
as early as 2014 titanium dioxide demand has slowed overall, in 2014 the national titanium dioxide industry annual meeting was informed that in the first half of 2014 China's titanium dioxide manufacturers in the average operating rate of about 70%, the overall demand for titanium dioxide slowed down, while the titanium dioxide industry capacity continued to expand. According to statistics, as of September 2014, China's total production capacity of titanium dioxide 2.98 million tons, a slight increase from 2013, about 380,000 tons.
the increasing capacity of titanium dioxide and the continued low demand, the overcapacity of titanium dioxide will become increasingly prominent. In the process of future development, domestic titanium dioxide enterprises in the expansion of production capacity at the same time also need to transform and upgrade, expand the production of high-end products, phase out backward production capacity and high-polluting titanium dioxide production line.