End the prolonged slump in the titanium dioxide cycle or until 2018.
2018.04.28 10:07Titanium pigment is an excellent white pigment, widely used in coating, rubber, plastic, daily chemical and other fields, the market value after ammonia and phosphorus chemical industry, the third largest inorganic chemical products . The consumption growth of titanium dioxide in China is obviously faster than the GDP growth rate. If we can maintain the fast growth trend, it is expected to become the world's largest producer and consumer of titanium dioxide in the next five years.
In the past two years, the supply pattern of the downstream industry has been improved and the demand for building coatings has been released. Titanium dioxide is still in the post-cycle stage of rising demand, and its price has ended the persistent downturn of previous years. State. According to this trend, the titanium dioxide business cycle is expected to last until the second half of next year.
In the past decade, the process and technology of sulfuric acid method have been improved, the single-line capacity has been greatly improved, and the production capacity of titanium dioxide has been increasing rapidly, and the compound growth rate has reached 15% in the last eight years. According to the data, in 2016, the total amount of titanium dioxide produced by 39 enterprises was 25,97212 tons, an increase of 274,199 tons compared with 2323,012 tons in 2015, an increase of 11.8% and a new record.
The apparent consumption of titanium dioxide is growing at an average annual rate of about 14%. In 2011, the apparent consumption of titanium dioxide was 1.164 million tons. In 2012, the production rate of titanium dioxide in China was increased due to the decline of the production of titanium concentrate. As a result, the apparent consumption was about 1.8 million tons, up 9.76 percent from the previous year. In 2014, the apparent consumption of titanium dioxide in China was 2.1 million tons, a year-on-year increase of about 10%. In 2015, domestic outlook. Consumption: 198.90 million tons. In 2016, the import volume of titanium dioxide in China was 19.98 million tons, and the export volume was 71.73 million tons, so the apparent consumption of titanium dioxide in China was 207.97 million tons in 2016.
In the short term, the supply of titanium ore in China is very tight, and the output growth rate of titanium dioxide will be greatly limited. But in the long term, with the improvement of production technology and energy conservation and emission reduction, circular economy development. Titanium dioxide will have a wide market prospect.
By Nicole