Global and China Titanium dioxide industry development status analysis

1、Market production capacity

With the gradual emergence of downstream applications, new energy batteries, coatings and inks and other industries surge in demand for titanium dioxide, driving the rise of titanium dioxide market capacity, according to statistical data, at the end of 2021, the global titanium dioxide industry market capacity of 8.5 million tons, a small year-on-year growth of about 4.2% over the previous year, by 2022, the global market capacity of titanium dioxide market close to 9 million tons, compared with the year 2021 year-on-year growth of about 5.9%. Affected by market supply and demand and other factors, the global titanium dioxide industry as a whole has shown fluctuating trends in recent years, and it is expected that in the next few years in the context of the continued release of new global titanium dioxide production capacity, the overall global industry capacity will continue to grow.

2、Market Consumption

Currently titanium dioxide, as one of the widely used white inorganic pigment types, is regarded as a key chemical by most countries around the world, and the consumption of titanium dioxide market has also achieved growth against the backdrop of the development of the rising GNP of countries around the world. By the end of 2021, the global market consumption of titanium dioxide industry reached about 7.8 million tons, an increase of about 9.9% compared with the same period of the previous year, and the total consumption of the global market in 2022 was further raised to more than 8.0 million tons, amounting to 8.2 million tons, an increase of about 5.1% compared with that of 2021, and it was preliminarily predicted that the global market consumption of the titanium dioxide industry would be more than 9.0 million tons by 2025, with an average annual consumption of more than 1.5 million tons during the period from 2022 to 2025. -2025 period, with an average annual growth rate of about 3.3%.

3.Market Size

At the level of market size, along with the continuous production of titanium dioxide production capacity around the world, to a certain extent, led to the growth of the market size of the titanium dioxide industry, according to the published analysis report, the global market size of the titanium dioxide industry in 2021 amounted to about 21 billion U.S. dollars, a year-on-year increase of about 31.3%, and the total market size of the titanium dioxide market in 2022 was about 22.5 billion U.S. dollars, a year-on-year increase of about 7.1%.