Analysis of China's titanium dioxide industry application market status in 2022 Titanium dioxide products account for 61% of the demand in the coatings industry

Release date：2021/11/19

Titanium products are a rare strategic resource. With many excellent characteristics such as good heat resistance, non-magnetic, non-toxic and low density, they are widely used in the fields of national defense, aerospace and medical equipment. In the downstream market, the coating industry has the highest application scale. In 2020, the demand for titanium in my country's coating industry is about 1.5667 million tons.

Major listed companies in the industry: Sinoma Technology (35.290, 0.30, 0.86%) (002080), Huitong (12.700, 0.59, 4.87%) (688219), Shandong Fiberglass (14.770, -0.03, -0.20%) (605006) ), Yellow River Cyclone (11.180, -0.10, -0.89%) (600172), Guangwei Composite Material (81.760, 0.37, 0.45%) (300699), Jinpu Titanium Industry (3.870, 0.01, 0.26%) (000545), China Nuclear Power Titanium Dioxide (13.520, -0.12, -0.88%) (002145), Longbai Group (26.830, 0.04, 0.15%) (002601), Baoji Titanium (65.230, 0.43, 0.66%) (600456), Huiyun Titanium Industry (16.990, -0.08, -0.47%)(300891) etc.

The core data of this article: classification of titanium products, industrial scale of coatings industry, application of titanium in coatings, etc.

Titanium dioxide is the main titanium product

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.

Titanium dioxide, titanium sponge and titanium processing materials are the three main titanium products in my country’s titanium industry. Among them, the output of titanium dioxide is the highest. In 2020, its output is 4.234 million tons, followed by the production of sponge titanium. In 2018-2020, sponge titanium and titanium The output of processed materials has increased significantly. With the improvement of my country's titanium processing technology, downstream application scenarios have gradually increased, and orders have stabilized. It is expected that the output of titanium processed 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, and titanium dioxide is also the main application product of titanium products in the coating industry. 60% of the world’s titanium dioxide is used for coating production, especially rutile titanium dioxide, most of which is consumed by the coating industry . The paint made of titanium dioxide has bright colors, high hiding power, strong tinting power, low dosage, and many varieties. It can protect the stability of the medium, and can enhance the mechanical strength and adhesion of the paint film to prevent cracks. Prevent the penetration of ultraviolet rays and moisture, and extend the life of the paint film.

The demand for titanium dioxide for coatings accounted for 61%

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.

The demand for titanium in the coatings industry hits a new high in 2020

In the downstream consumption of titanium dioxide in my country, the coating field accounts for 61% of the total consumption. Combined with the apparent consumption of titanium dioxide in my country, the scale of demand for titanium in the coating field in my country is obtained. In 2020, the scale of demand for titanium in my country's coatings industry is about 1.5667 million tons.

The above data comes from the "China Titanium Industry Development Prospect Forecast and Investment Strategy Planning Report" by the Qianzhan Industry Research Institute. At the same time, the Qianzhan Industry Research Institute also provides industry big data, industry research, industry chain consulting, industry map, industry planning, park planning, industry Solutions for investment promotion, IPO fundraising and investment feasibility studies, and prospectus writing.