Summary:In November 2024, the price of the titanium dioxide market showed a downward trend. The demand was sluggish, and the enthusiasm of downstream enterprises for procurement was not high. Meanwhile, industry information indicated that several companies had obtained new patents, which was beneficial to the development of technology. In the application fields, the demand in traditional fields was expected to grow, and the potential in emerging fields was huge. Internationally, although China is a major exporter of titanium dioxide, it is facing competition and anti-dumping issues.
CCM Market Dynamics
On November 1st, the reference price of
titanium dioxide was 15,316.67 yuan per ton. By November 14th, the reference
price had dropped to 15,166.67 yuan per ton, a decrease of 0.98% compared to
the beginning of the month. Overall, in the first half of November, the price
of titanium dioxide showed a relatively stable downward trend with minor
fluctuations.
Currently, there is no obvious growth
momentum in the demand for titanium dioxide in the market, remaining in a
relatively sluggish state. Downstream enterprises generally show moderate
enthusiasm for procurement, mainly making purchases on an as-needed basis. The
market trading activity is not high. Some distributors have reported that the
shipment speed is slow and the inventory pressure has increased to some extent.
CCM Industry Information
On November 5th, Panzhihua Antai Technology
Co., Ltd. applied for a patent on the "Method for Preparing Nano Titanium
Dioxide and Rutile Titanium Dioxide by Chlorination Leaching of Titanium
Intermediate Ore". This method can achieve comprehensive utilization of
vanadium-titanium magnetite, with lower costs for producing nano titanium
dioxide and rutile titanium dioxide. Moreover, hydrochloric acid can be
recycled, making the production process more environmentally friendly, thus
providing new ideas for the development of titanium dioxide production
technology.
On November 7th, Jinpu Titanium Industry
Co., Ltd. stated during a survey by specific entities that the direct sales
volume of the company's titanium dioxide accounts for approximately 75%, while
the volume sold through distributors accounts for about 25%. The products are
mainly sold to fields such as coatings, plastic pipe profiles, inks, rubber,
and decorative paper, reflecting the sales models and market layouts of some
titanium dioxide enterprises.
On November 16th, Hebei Maisen Titanium
Dioxide Co., Ltd. obtained a patent for the "Preparation Method and
Application of a Lithium Iron Phosphate/Carbon Fiber Composite Material",
and the acquisition of this patent may provide new directions and possibilities
for the application of titanium dioxide in the field of new materials.
With the continuous progress of science and
technology, titanium dioxide production enterprises will continue to increase
their investment in technological research and development, improve production
processes, and enhance the quality and performance of their products to meet
the demand of downstream industries for high-quality titanium dioxide.
Application Areas
According to the CCM industry research report:
In traditional fields, the demand for
titanium dioxide is expected to grow. The development of the construction
industry is closely related to the demand for titanium dioxide. Although there
are certain fluctuations in the real estate market, infrastructure
construction, urban renewal and other projects will still support the demand
for titanium dioxide in building coatings.
The demand for titanium dioxide in the
automotive industry is also relatively stable. Especially with the rapid
development of new energy vehicles, the demand for automotive coatings is
expected to maintain growth. Driven by industries such as construction and
automotive, the demand for titanium dioxide in the coating field will remain
stable.
In emerging fields such as new energy,
electronic materials, and aerospace, the demand potential for titanium dioxide
is huge. For example, in the new energy field, titanium dioxide can be used as
the photoanode material of solar cells to improve the conversion efficiency of
solar energy. With the continuous development of the new energy industry, the
demand for titanium dioxide will increase accordingly.
International Market
According to the observations of the CCM market intelligence
platform:
China is the world's largest producer and
exporter of titanium dioxide. However, with the development of the titanium
dioxide industries in other countries, the competition in the international
market will become increasingly fierce. Factors such as trade frictions and
tariff barriers may affect the import and export of titanium dioxide.
For example, on November 13th, 2023, the
European Union launched an anti-dumping investigation into titanium dioxide
produced in China. On November 1st, 2024, the European Commission released the
pre-final adjudication factual disclosure document regarding the anti-dumping
investigation against Chinese titanium dioxide.
The anti-dumping tariff rates calculated
according to the dumping margins have been adjusted. For Longbai Group, it is
32.3%; for Anhui Jinxing Titanium Dioxide Group (a subsidiary of CNNC Titanium
Dioxide), it is 11.4%; for other respondent enterprises, it is 28.4%; and for
other non-respondent enterprises, it is 32.3%.
Compared with the initial adjudication
rates, there has been a certain decrease, and retroactive collection will not
be carried out. In addition, the China Coatings Industry Association
successfully organized 26 titanium dioxide enterprises to defend against the
European Union, which played a positive role in reducing the anti-dumping
tariff rates.
Therefore, it also reminds enterprises that
they need to continuously improve the quality of their products and service
levels and expand international market channels to cope with the competition in
the international market.
CCM also provides reports on these several products in China,
namely Titanium sponge, Titanium slag, and Titanium tetrachloride.
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