Titanium dioxide is an important inorganic pigment. In recent years, the prices of energy and raw materials have risen. At the same time, titanium dioxide in developed countries has entered the mature stage of products, and it is unlikely that investment will increase production. The average annual growth rate is expected to be only 1.4% in the next few years. This makes multinational corporations place their hopes for the future development of titanium dioxide in Asia, especially China.
In fact, titanium dioxide production has begun to shift to China. At present, large-scale chlorination titanium dioxide projects are under construction in Zhejiang, Shandong, and Liaoning, and are expected to be completed and put into production before and after 2010. The investors of these projects are from the United States, Japan, Australia and other countries. According to statistics on existing domestic and foreign capital expansion, new construction and projects under construction, it is expected that before 2008, the annual production capacity of titanium dioxide in China will increase by 300,000 tons, and will increase by about 500,000 tons before and after 2010. By then, China's titanium dioxide production capacity will reach approximately 1.6 million tons, which is expected to exceed the United States as the world’s largest producer of titanium dioxide. The production process with advanced chlorination titanium dioxide production capacity will have a significant increase. This has greatly improved the quality of titanium dioxide produced in China.
China's iron oxide industry also has the same prospects. Well-known foreign iron oxide manufacturers are also optimistic about the Chinese market. Bayer, Germany, and Lockwood, the United Kingdom, have established wholly-owned or joint ventures in China's coastal developed cities such as Shanghai, Fuyang, Zhejiang, Changshu, Jiangsu, and Shenzhen, Guangdong. Now Jiangsu, Zhejiang, Shanghai and Guangdong coastal areas have become iron oxide production bases for overseas companies. The production capacity of these enterprises has reached 120,000 tons/year, accounting for 15% of the total domestic iron oxide production capacity.
For a long time, the export volume of iron oxide, zinc oxide white and chromium pigments in China have been much higher than their respective imports. Only titanium dioxide has been imported more than exports. However, from the perspective of the import and export trade of titanium dioxide, because some products are imported from trade methods such as feed processing and bonded repositories, and eventually exported to foreign countries, it can be said that the import and export trade of titanium dioxide is basically balanced. In the future, with the continuous increase in production capacity and production of titanium dioxide in China, and the further improvement of product quality, the proportion of imported titanium dioxide will increase, and the export volume of titanium dioxide will continue to maintain strong growth. China has become The net exporter of titanium dioxide in the world is just around the corner.
The transfer of inorganic pigment production from abroad to China has accelerated China's becoming the world's inorganic pigment production base and sales market, and has also aggravated the market competition of China's inorganic pigment industry. China's inorganic pigment companies should further improve their technological level and enhance their competitiveness in the international market.
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