Titanium Dioxide Industry: Inflection Point Looming, Rise Trend Expected
www.cnchemicals.com Time：2014-08-29 Sources of information：www.cnchemicals.com
In the context of worldwide economic recovery and globalization of titanium dioxide industry, exports of China''s titanium dioxide manage to stay at a high level and overseas economic development will still have a significant impact on the Chinese titanium dioxide markets. The United States, the biggest consumer of our homemade titanium dioxide, is now experiencing a gradual but stable recovery since demands of the real estate grow, stimulating demands for titanium dioxide products.
Global demand growth, as well as frequent price adjustments, provides domestic titanium dioxide manufacturers with more opportunities to participate in international competition. The price advantages that domestic manufacturers have are now increasingly apparent, due to the improvement of production techniques and product qualities.
Real-estate sales in 2013 has reached ￥640 million, up 15.8% on a monthly basis. Considering there is usually a one-year lag phase when it comes to the development of real-estate industry and its related industries, titanium dioxide markets are expected to flourish in 2014. A series of price rises are expected in the second half of this year. Though China''s real-estate industry is heading into a cyclical adjustment in the long term, the development trend of titanium dioxide industry will remian owing to the stimulation of reconstruction projects and urbanization.
Considering the low annual productivity growth rate of less than 10%, the supply and demand pattern of China''s titanium dioxide industry may see a reconstruction in the near future.
Market Access Policies of Titanium Dioxide Industry is said to be published this year, which come with strict requirements on resources disposition, recycling and production capacity. These policies, once issued, may greatly improve access threshold, and weed out almost half of the domestic manufacturers.
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