The chemical name of Titanium Dioxide is titanium dioxide, which is considered to be the best white pigment in the world today. Titanium dioxide powder is widely used in coatings, plastics, paper, printing ink, chemical fiber, rubber, cosmetics and other industries. Its melting point is very high, and it is also used to make refractory glass, glaze, enamel, clay, high-temperature resistant experimental utensils, etc.
1、 Preparation method
The main preparation methods of titanium dioxide include sulfuric ACID method and chlorination method. In terms of the proportion of the two preparation methods of titanium dioxide in China, the world is currently dominated by the chlorination method, while China as a whole is still dominated by the sulfuric acid method with low economic costs. According to the data, in 2021, the output of titanium dioxide by the sulfuric acid method will account for more than 90%, and the output of titanium dioxide by the chlorination method will be 372700 tons, accounting for about 9.77% of the total domestic output. With the continuous promotion of environmental protection policy, chlorination is still the main trend in the future, and the proportion is expected to increase.
2、 Policies are good for industrial development
In recent years, China's titanium dioxide industry has been highly valued by governments at all levels and supported by national industrial policies. The state has successively issued a number of policies to encourage the development and innovation of the titanium dioxide industry. Industrial policies such as the Pilot Scheme for the Utilization and Allocation of Regenerated Water in Typical Regions, the Guiding Opinions on the Development of the Cocoon and Silk Industry during the "Fourteenth Five-Year Plan", and the Report on the Ecological Environment Protection of the Yangtze River Slope provide a clear and broad market prospect for the development of the titanium dioxide industry and a good production and operation environment for enterprises.
3、 Market status analysis
1. Capacity
The production capacity of titanium dioxide is mainly determined by the production capacity of titanium dioxide production line devices. However, it takes a long time to build a new titanium dioxide production line device. Therefore, the total production capacity of global titanium dioxide manufacturers each year is predictable. With the increase of the production capacity of China's titanium dioxide industry, its position in the world has also been continuously improved. According to the data, China's titanium dioxide production capacity will be about 4.5 million tons in 2021, up 16.91% year on year. Among them, the new supply is mainly concentrated on the capacity of titanium dioxide produced by chlorination. In 2022, the capacity of titanium dioxide in China will be about 5 million tons, and it is estimated that the capacity will reach 5.2 million tons in 2023.
2. Output
In recent years, with the continuous growth of the overall demand of downstream coatings and other industries, China's titanium dioxide production has maintained a sustained growth trend. The data shows that the output of titanium dioxide in China will be about 3.8135 million tons in 2021, an increase of 8.58% over the same period in 2020. From January to June of 2022, China's titanium dioxide production will reach 2065200 tons, an increase of 8.29% over the same period last year. It is estimated that the output will reach 4.196 million tons in 2023.
3. Regional proportion
At present, titanium dioxide production in China is mainly concentrated in relatively underdeveloped areas such as Sichuan, Shandong, Anhui and Henan. The output of the first four regions accounts for 62% of the total output; Sichuan has the highest proportion, accounting for 22%, followed by Shandong, accounting for about 15%.
4. Apparent demand
Titanium dioxide is widely used in coatings, plastics, paper making, printing ink, rubber, chemical fiber, ceramics, cosmetics, food, medicine, electronic industry, micro-electro-mechanics and environmental protection industry. It can be said that it has penetrated into all aspects of the industrial field. Its market scene and development trend are closely related to the economic development environment. China's apparent demand for titanium dioxide in 2021 will be 2.7402 million tons, an increase of 274 million tons over 2020. It is estimated that the apparent demand will reach 3.06 million tons in 2023.
5. Downstream consumption structure
The demand for titanium dioxide is mainly affected by the consumption of titanium dioxide by downstream industries. Among them, the coating industry is the largest downstream customer of titanium dioxide, accounting for 61%; The construction industry is also the main downstream customer of the coating industry. Therefore, the development of the real estate industry has a great impact on the market demand for titanium dioxide.
4、 Future development prospect analysis
1. China's national economy maintains a relatively high growth rate
Titanium dioxide is widely used in many industries of the national economy, and its market scene and development trend are closely related to the overall economic development environment. In recent years, China's national economy has maintained a momentum of rapid development. The sustained and rapid growth of China's national economy has provided sufficient space for the development of titanium dioxide consumption industries such as coatings, plastics, paper making and printing ink; At the same time, the titanium dioxide industry, driven by the continuous development of the downstream application industry, has a bright future.
2. The product characteristics and application fields of titanium dioxide itself continue to expand
Titanium dioxide has stable physical and chemical properties and excellent optical and electrical properties, as well as excellent pigment properties, and is widely used in many fields of the national economy, such as coatings, plastics, paper, printing ink, rubber, chemical fiber, ceramics, cosmetics, food, medicine, electronic industry, MEMS and environmental protection industry. With the development of economy, scientific and technological progress and the deepening of application research, the application field of titanium dioxide will be wider, which will bring incremental market demand for the development of titanium dioxide.
3. The technical level of the industry has been continuously improved
The increasingly stringent industrial and environmental protection policies and the increasing market competition pressure urge China's titanium dioxide enterprises to continuously improve their research and development and technical level. In the production process of sulfuric acid method, the production enterprises have done a good job in energy conservation and emission reduction by making efforts to improve the product quality, strengthen the comprehensive utilization of resources and the treatment of "three wastes"; In terms of production process of chlorination process, although the development speed is relatively slow, under the condition that foreign production technology is monopolized, the development of "from scratch" has been realized, which has explored and accumulated technology and experience for the next step of development.
