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Titanium products are a rare strategic resource. With many excellent characteristics such as good heat resistance, non-magnetic, non-toxic and low density, titanium products are widely used in the fields of national defense, aerospace and medical devices. In the downstream market, the coating industry has the highest application scale. In 2020, the demand for titanium in China's coating industry is about 1506700 tons.
Titanium Dioxide is the main titanium product
In terms of products on the market, titanium products are mainly divided into three categories: titanium dioxide, sponge titanium and titanium processing materials. Other products also include titanium ingots, titanium powder and titanium equipment, which can be widely used in aerospace, industrial production and civil production. Among them, the main component of titanium dioxide is titanium dioxide, which is a white pigment, which is mainly used in coatings, plastics, ink and papermaking; Sponge titanium is the raw material of titanium processing materials and other products, generally light gray particles; Titanium processing material refers to the titanium ingot formed by melting sponge titanium and then processed by plastic methods such as forging, rolling and extrusion. It is mainly divided into titanium plate, titanium bar, titanium pipe, titanium casting, etc.
Titanium dioxide, sponge titanium and titanium processing materials are the three major titanium products in China's titanium industry. Among them, the output of titanium dioxide is the highest, with the output of 4.234 million tons in 2020, followed by the output of sponge titanium. From 2018 to 2020, the output of sponge titanium and titanium processing materials increased significantly. With the improvement of China's titanium processing technology, downstream application scenarios gradually increased, and orders tended to be stable, It is expected that the output of titanium processing materials and sponge titanium will continue to rise in the future.
Application of titanium dioxide in coatings
The coating industry is the largest application field of titanium dioxide. Titanium dioxide is also the main application product of titanium products in the coating industry. 60% of titanium dioxide in the world is used in coating production, especially rutile titanium dioxide, which is mostly consumed by the coating industry. The paint made of titanium dioxide has bright color, high covering power, strong coloring power, low dosage and many varieties. It can protect the stability of the medium, enhance the mechanical strength and adhesion of the paint film, prevent cracks, prevent the penetration of ultraviolet and water, and prolong the service life of the paint film.
The demand for titanium dioxide for coatings accounts for 61%
In terms of downstream consumption structure, according to Zhuo Chuang consulting, 61% of China's titanium dioxide consumption in 2020 will be used in the coating industry, accounting for the largest proportion of all consumption categories; The second is the plastic industry, with consumption accounting for about 18%; The consumption of titanium dioxide in the paper industry accounts for 10%, ranking third; The consumption proportion of titanium dioxide in other industries such as ink and rubber is small.
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