Analysis of the Application Market Status of China's Titanium Dioxide Industry in 2022. The demand for titanium dioxide products in the coating industry accounts for 61%

Titanium products are a rare strategic resource, widely used in fields such as national defense, aerospace, and medical equipment due to their excellent properties such as good heat resistance, non-magnetic, non-toxic, and low density. In the downstream market, the paint industry has the highest application scale. In 2020, the demand for titanium in China's paint industry was about 1.5067 million tons.

Main listed companies in the industry: Zhongcai Technology (35.290, 0.30, 0.86%) (002080), Huitong Shares (12.750, 0.64, 5.28%) (688219), Shandong Fiberglass (14.740, -0.06, -0.41%) (605006), Huanghe Cyclone (11.280, 0.00, 0.00%) (600172), Guangwei Composite (81.200, -0.19, -0.23%) (300699), Jinpu Titanium Industry (3.900, 0.04, 1.04%) (000545), CNNC Titanium White (13.640, 0.00, 0.00%) (002145), Longbai Group (26.930, 0.14, 0.52%) (002601) Baotai Group (64.690, -0.11, -0.17%) (600456), Huiyun Titanium Industry (17.000, -0.07, -0.41%) (300891), etc

Core data of this article: titanium product classification, coating industry scale, and the 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, 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 mainly used in coatings, plastics, inks, and papermaking; Sponge titanium is a raw material for titanium processing materials and other products, usually consisting of light gray particles; Titanium processing materials refer to materials formed by melting sponge titanium into titanium ingots, which are then processed through plastic methods such as forging, rolling, and extrusion. They are mainly divided into titanium plates, titanium rods, titanium pipes, titanium castings, etc.

Titanium dioxide, sponge titanium, and titanium processing materials are the three main titanium products in China's titanium industry. Among them, titanium dioxide has the highest production, with 4.234 million tons in 2020, followed by sponge titanium production. From 2018 to 2020, the production of sponge titanium and titanium processing materials has significantly increased. With the improvement of China's titanium processing technology, downstream application scenarios have gradually increased, and orders are becoming stable. It is expected that the production of titanium processing materials and sponge titanium will continue to rise in the future.

The application of titanium dioxide in coatings

The coating industry is the largest application area 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 in coating production, especially rutile type titanium dioxide, which is mostly consumed by the coating industry. Coatings made of titanium dioxide have bright colors, high coverage, strong coloring power, low dosage, and a wide variety. They can protect the stability of the medium, enhance the mechanical strength and adhesion of the paint film, prevent cracks, prevent UV rays and water from penetrating, and extend the lifespan of the paint film.

The demand for titanium dioxide for coatings accounts for 61%

In terms of downstream consumption structure, according to statistics from Zhuochuang Consulting, 61% of China's titanium dioxide consumption was used in the coating industry in 2020, accounting for the largest proportion of all consumption categories; Next is the plastic industry, with consumption accounting for approximately 18%; The consumption of titanium dioxide in the papermaking industry accounts for 10%, ranking third; The consumption proportion of titanium dioxide in other industries such as ink and rubber is relatively small.

In 2020, the demand for titanium in the paint industry reached a new high

In the downstream consumption of titanium dioxide in China, the coating industry accounts for 61% of the total consumption. Based on the apparent consumption of titanium dioxide in China, the demand scale for titanium in the coating industry is determined. In 2020, the demand for titanium in China's paint industry was approximately 1.5067 million tons.

The above data is sourced from the Forward Industry Research Institute's report on the development prospects and investment strategy planning of China's titanium industry. At the same time, Forward Industry Research Institute also provides solutions such as industry big data, industry research, industry chain consulting, industry map, industry planning, park planning, industry investment attraction, IPO feasibility study, and prospectus writing.