Titanium dioxide has the highest market share and the most widely used coatings in 2022

Release date：2021/11/10

As one of the three major products of the titanium industry, titanium dioxide is the largest in market demand and market supply, and is mainly used as coatings. At present, the titanium industry is becoming mature, and the leading effect is becoming more and more obvious. Longbai Group (26.570, -0.47, -1.74%) and China Nuclear Titanium Dioxide (12.730, -0.17, -1.32%) have the highest output in the titanium industry. At the same time, The two companies are both titanium dioxide manufacturers, which shows that titanium dioxide products have a "pivotal" position in the titanium industry.

Three Titanium Products in the Titanium Industry

Titanium is a rare strategic resource that is widely used in many fields of national defense, aerospace, aviation and national economy. It is a relatively active metal with chemical properties and has excellent properties such as low density, high specific strength and strong heat resistance.

From the perspective of products on the market, titanium products are mainly divided into three categories: titanium dioxide, titanium sponge and titanium processing materials. Other products include titanium ingots, titanium powder and titanium equipment, which can be widely used in aerospace, industrial production and civil use. Production. Among them, the main component of titanium dioxide is titanium dioxide, which is a white pigment, which is mainly used in coatings, plastics, inks and papermaking; sponge titanium is the raw material for titanium processing materials and other products, generally light gray particles; titanium processing materials refer to sponges Titanium ingots formed by smelting titanium, and then processed by plastic methods such as forging, rolling, and extrusion, are mainly divided into titanium plates, titanium rods, titanium pipes, titanium castings, etc.

From the perspective of the output of the three major titanium products, the output of titanium dioxide accounts for the vast majority. In 2020, the output of titanium dioxide products in my country will reach 3.512 million tons, the output of sponge titanium will reach 123,000 tons, and the output of titanium processed materials will reach 97,000 tons.

Titanium dioxide and titanium materials are the main end products in the midstream

From the perspective of the industrial chain of the titanium industry, the upstream of the industry is mainly the supply of raw materials, covering titanium concentrate and ilmenite; the midstream end products are mainly titanium dioxide and titanium processing materials, the latter including titanium rods, titanium tubes, and titanium wires And other processed materials; downstream application markets include aviation industry, shipbuilding industry and other industries that require lightweight and high-temperature materials, as well as pharmaceutical industry and chemical industry.

The leading enterprises in the titanium industry are mainly titanium dioxide manufacturers

Judging from the output of listed companies in my country’s titanium industry, the only company with an output of more than 800,000 tons is Longbai Group, which is a titanium dioxide producer; the companies with an output of 250,000-800,000 tons mainly include China Nuclear Titanium Dioxide and Panzhihua Iron and Steel. Vanadium Titanium and Baose (33.080, 1.53, 4.85%), of which Zhongnuo Titanium Dioxide and Panzhihua Iron and Steel Vanadium Titanium are also titanium dioxide producers. It can be seen that most of the leading enterprises in my country's titanium industry with higher output are titanium dioxide manufacturers.

Titanium dioxide is mainly used in the field of coatings

In terms of downstream consumption structure, according to statistics from Zhuo Chuangzi, in 2020, 61% of my country's titanium dioxide consumption will be used in the coatings industry, accounting for the largest proportion of all consumption categories; followed by the plastics industry, which accounts for about 18%; the paper industry The consumption of titanium dioxide accounts for 10%, ranking third; other industries such as ink and rubber industries consume a smaller proportion of titanium dioxide.