Asian demand will drive the global titanium dioxide market

With global supply tightening, demand for titanium dioxide may continue to rise. Asia is seen as a major growth factor, especially in countries where living standards are increasing, and demand for coatings and packaging products has increased. However, the rise in prices of titanium dioxide (TiO2) in China is weakening the competitiveness, which provides an opportunity for exporters to invest in the Asian market.

China’s titanium dioxide (TiO2) market rebounded strongly in 2016, China’s titanium dioxide market prices in 2015 at a low price, and in 2016 to achieve a huge price increase, enhance China’s titanium dioxide manufacturing enterprises financial performance. 2016 foreign market demand for titanium dioxide (TiO2) increased by 17%, but also to promote the Chinese manufacturers to increase exports.

Global demand for titanium dioxide market, other parts of Asia such as India, South Asia and the United States, Brazil and Mexico.

As the market demand for Tio2 weak next week led manufacturers to slow down the production rate, because the profit margins are low, 2016 global titanium dioxide supply tightening.

China as the most important supplier of titanium dioxide in Asia, as the Chinese government in 2016 to increase environmental supervision efforts to force manufacturers to limit and cut production to ensure that environmental protection, resulting in tight supply of domestic titanium dioxide. In addition, China’s titanium dioxide prices not only because of tight supply, higher raw material costs and increased transport costs also led to rising production costs.

According to market experts, global consumption of titanium dioxide will likely continue to grow until the end of this century, the growth of the Asian market will play a greater role.

The most important role expected in future growth will be large-scale manufacturers, who will be able to enjoy lower production costs as they are able to procure businesses in the upstream market. For example: the purchase of titanium concentrate in Panzhihua City Rui Erxin trade processing, which will ease the supply of titanium dioxide in China’s titanium and other raw materials supply tight supply.

Titanium dioxide industry believes that until 2018 early or mid-term price of titanium dioxide will continue to rise, due to the supply and demand of titanium dioxide to reach a level, to maintain a higher level, with the continuous improvement of living standards in Asian countries, like China’s paint and packaging The demand to promote the demand for titanium dioxide. As a result, Asia will become the most important market in the near future.

Due to the pre-order in the early season, the demand for titanium dioxide in the first quarter of 2017 remained stable. In addition, there are indications that the second quarter of the downstream industry such as paint, paint and plastic seasonal growth, which means that the supply situation is more stressful tension.

Chinese and Asian manufacturers are not the only participants in raising the price of titanium dioxide. In 2017 many large enterprises have announced price increases, and may continue to 2018 years. International large-scale titanium dioxide companies Huntsman, Koster and Como on March 1 have raised their prices. Some of China’s titanium dioxide producers, prices at the end of February have also been pulled up.