Recently, CCM has listed the top 10 TiO2 companies in China in 2014. Sichuan Lomon Titanium Co., Ltd. has ranked the top in 2014 with the TiO2 output of 270,000 tonnes and export volumes of 134,928 tons. Henan Billions Chemicals Co., Ltd. and CNNC Hua Yuan Titanium Dioxide Co., Ltd. have ranked the second and third place.
CCM talked to many insiders and then listed the top 10 TiO2 companies in China in 2014 according todata such as production capacity, output, exports, internet search frequency (baidu.com) and trade volumes on e-commerce platform (Alibaba.com).
In 2014, China’s TiO2 market was sluggish and mergers and acquisitions (M&A) took place frequently within the industry. Small-and-medium-sized TiO2 companies were withdrawing from the market while some leading players were growing with increasing market involvement and discourse power.
Top 10 TiO2 companies in China in 2014
|
Rank
|
Company
|
Output (tonnes)
|
Export volume(tonnes)
|
|
1
|
Sichuan Lomon Titanium Co., Ltd.
|
270,000
|
134,928
|
|
2
|
Henan Billions Chemicals Co., Ltd.
|
194,800
|
88,894
|
|
3
|
CNNC Hua Yuan Titanium Dioxide Co., Ltd.
|
155,000
|
56,090
|
|
4
|
Shandong Doguide Group Co., Ltd.
|
112,500
|
63,303
|
|
5
|
Jinan Yuxing Chemical Co., Ltd.
|
90,000
|
20,874
|
|
6
|
Shandong Dawn Group Co., Ltd.
|
75,000
|
20,485
|
|
7
|
Jilin GPRO Titanium Industry Co, Ltd.
|
72,401
|
19,270
|
|
8
|
Ningbo Xinfu Titanium Dioxide Co., Ltd.
|
75,000
|
16,225
|
|
9
|
Pangang Group Vanadium & Titanium Resources Co., Ltd.
|
55,000
|
12,836
|
|
10
|
Anhui Annada Titanium Industry Co., Ltd.
|
70,000
|
11,392
|
Source: CCM
China’s total output of TiO2 in 2014 was 2.10 million tonnes. The top 10 companies accounted for 54.52%, 5.05 percentage points higher than 49.47% in 2013, according to CCM.
“This indicates that the industry has become more concentrated” commented Dean Wu, Editor of Titanium Dioxide China Monthly Report.
As for the export volumes of TiO2 in China, China exported 608,500 tonnes of TiO2 in total in 2014, increasing by 35.46% year on year, according to China Customs. The top 10 companies accounted for 73.08% of the total.
Sichuan Lomon had the largest export volume, increasing by 64.16% year on year to 134,900 tonnes. Its main export destinations were Brazil, the US, South Korea and countries in Southeast Asia.
Anhui Annada gained the biggest growth in export volume among the top 10 companies. Its export volume soared by 85.32% year on year to 11,329 tonnes. Its TiO2 was mainly exported to India, US and Malaysia.
"In 2014, export volumes of TiO2 of the top 10 TiO2 companies increased significantly. That’s mainly because exploring the overseas market has become an important way to digest capacity when domestic market demand was depressed” said Dean.
"It will be easier for companies with larger production scales to expand their market shares in the international market.”
Currently, CCM is working on the list of the top 10 TiO2 companies in 2015.
When asked about the changes in the list of TiO2 companies in 2015, Dean stated: “Sichuan Lomon and Henan Billions is the clear leader in China’s TiO2 industry after their merger in May 2015.”
"Jilin GPRO Titanium Industry Co., Ltd. will enjoy a higher position after the 100,000 t/a TiO2 project of its subsidiary was officially put into production”
"However, the ranks of the other companies are more or less stable” he added.
About CCM:
CCM is the leading market intelligence provider for China’s agriculture, chemicals, food & ingredients and life science markets. Founded in 2001, CCM offers a range of data and content solutions, from price and trade data to industry newsletters and customized market research reports. Our clients include Monsanto, DuPont, Shell, Bayer, and Syngenta. CCM is a brand of Kcomber Inc.
For more information about CCM, please visit www.cnchemicals.com or get in touch with us directly by emailing econtact@cnchemicals.com or calling +86-20-37616606.
Tag: Titanium dioxide, Henan Billion, Sichuan Lomon