Titanium Dioxide Industry Development Trend
Titanium Dioxide is known as the "barometer of the national economy" because of its wide range of downstream applications. Its demand
growth rate is basically consistent with the growth rate of global GDP. On January 5, 2018, the IMF raised global growth expectations, and
global economic growth for the two years 20182019 is expected to increase by 0.2 percentage points from the October 2017 forecast to
3.9%, the largest increase since 2011. According to TZMI's statistical data, the demand for titanium dioxide in the world in 2017 was 6.165
million tons. According to the demand growth rate of 3.9%, the demand for 2018-2019 is expected to increase to 6.395 million tons and
6.444 million tons, respectively. The corresponding incremental demand is 240,000 tons and 249,000 tons.
