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Jianghu Titanium White titanium dioxidetitanium dioxide Investors Service said that the price of titanium dioxide in the first quarter of 2014 rose 45 percent, this year will continue to rise. Titanium dioxide prices rose far more than the input costs increase, natural increase industry profits titanium dioxide.
Driven by the rapid development of the automotive industry and global industrial production accelerated, the titanium dioxide market recovery in 2014. Some major companies such as DuPont, enjoy Klinsmann, Rio Tinto and Kenmare resources company, has been in the expansion. DuPont plans to spend over 500 million U.S. dollars to build a new plant in Mexico.
During the economic crisis, some of the titanium dioxide plant was forced to permanently discontinued, with the recovery in manufacturing, the titanium dioxide market demand to outstrip supply.
Jianghu Titanium White pointed out that from the overall economic situation, China is still a developing country, population, Wang demand, level of urbanization needs to be improved, these factors determine the titanium dioxide demand in China, there is considerable room for growth. According to the data reported, the U.S. per capita consumption of titanium dioxide 4.1 kg, the European region in the 3.6 kg, the Asia-Pacific region to 1.6 kilograms, while China is only 1.01 kg. 2015 China can reach 2 kg per capita consumption of titanium dioxide, about 2.9 million tons of China's market demand, considering factors such as the transfer of industries in developed countries, China's market production may reach 350 million tons; by 2020 of market production and consumption may reach 4 million to 4.5 million tons titanium dioxide.
