Titanium Chloride White Powder Future Crisis Crisis Crisis

Every year, China needs to import 400,000 tons-500,000 tons of chloridized titanium dioxide. Companies in various parts of the country are targeting the market gap and are ready to go. According to the existing data, it is expected that there will be one million tons of domestically-built and proposed project production capacity. Analysts pointed out that in the future, the market will probably fall into the “excess crisis”.

According to statistics from the General Administration of Customs of the People's Republic of China, China imported 12.47 million tons of titanium dioxide in June this year. Industry experts said that 85% of China's annual imports of titanium dioxide are chlorinated.

The company’s Titanium Dioxide Analyst Yang Xun’s concern was that many companies had taken precautions and launched the chlorinated titanium dioxide project one after another, aiming at a gap in the annual import of TiO 2 . However, as companies try out production in succession, it is highly probable that there will be a surplus of supply in the next 2-3 years.

Yang Xun further stated that the market is experiencing overcapacity and that the products will be transferred to other titanium dioxide markets. In the future, it may increase the surplus in other markets.

“Now, all companies, who are on the first, who can still not very clear,” China Nonferrous Metals Industry Association Secretary-General Wang Xiangdong Titanium Zirconium Branch pointed out that the need for titanium chloride from the project to launch the speed, level of technology, the cost of Comprehensive consideration of three aspects of control ability. Wang Xiangdong made the above remarks when he was surveyed on August 1.