China accounts for the highest proportion of titanium dioxide production capacity

According to data released by the United States Geological Survey, among the distribution of titanium dioxide production capacity in various countries around the world, China has the highest proportion of titanium dioxide production capacity, accounting for 56% of production capacity in 2023; the remaining countries with higher production capacity include Germany, Japan, Mexico, and the United Kingdom. and Australia, these countries account for about 3%-4% of the world's titanium dioxide production capacity.

The global titanium dioxide industry market size will be approximately US$20 billion in 2023

In recent years, as the capacity expansion projects of the titanium dioxide industry around the world have been gradually started and put into operation, the production capacity and output of the titanium dioxide industry in various countries around the world have gradually increased. At the same time, the application areas of the downstream industry have continued to expand, and the demand for titanium dioxide in high-end manufacturing has gradually increased. Expansion, the overall market size of the titanium dioxide industry has increased. According to data disclosed by Grand View Research, the global titanium dioxide market size will be US$18.82 billion in 2022. Based on preliminary estimates of the development of global titanium dioxide companies in 2023, the global titanium dioxide industry market size in 2023 will be approximately US$20 billion.

The apparent demand for titanium dioxide in 2023 is approximately 2.605 million tons

The apparent demand of China's titanium dioxide industry has shown an overall upward trend from 2017 to 2021, but has declined in the past two years. According to statistics from the Titanium Dioxide Industry Technology Innovation Strategy Secretariat and the Chemical Industry Productivity Promotion Center Titanium Dioxide Center, China's apparent demand for titanium dioxide in 2023 will be 2.605 million tons, or 1.86 kilograms per capita, which is about 55% of the per capita level in developed countries.

The comprehensive output of China's titanium dioxide enterprises in 2023 will be 4.16 million tons

In recent years, with the continuous improvement of titanium dioxide production capacity, the annual titanium dioxide production has also increased year by year. China's titanium dioxide production has shown an upward trend from 2017 to 2023. According to statistics from the Titanium Dioxide Industry Technology Innovation Strategy Secretariat and the Chemical Industry Productivity Promotion Center Titanium Dioxide Center, the comprehensive output of China's titanium dioxide enterprises in 2023 will be 4.16 million tons, an increase of 250,000 tons over the previous year, an increase of 6.30%.