The global demand in 2016 is about 6.1 million tons, and the consumption area is concentrated in Asia, Europe and the Americas. The apparent domestic titanium dioxide consumption increased from 770,000 tons in 2005 to 2.48 million tons in 2016, corresponding to GAGR of approximately 11.2%; the output increased from 700,000 tons to 2.6 million tons during the same period, corresponding to GAGR of approximately 12.7%. As demand grows, so does the importance of the export market. Domestic titanium dioxide production increased year by year Domestic titanium dioxide apparent consumption increased year by year At present, the real estate industry in the United States, the European Union and other regions has rebounded. The sales volume of new homes in the United States has returned to the level before the economic crisis in 2008. The construction output of the 27 countries of the EU has slowly risen from the bottom of 2012; on the domestic side, the prosperity of the real estate industry has gradually rebounded. The overall demand for the titanium dioxide industry has rebounded significantly, and there is still an increase in demand for other downstream industries such as plastics, which is expected to maintain steady growth in the long term. Since 2013, there have been about 300,000 to 400,000 tons of domestic production capacity gradually withdrawn from the market. Currently, domestic effective production capacity has dropped to 3 million tons. On the other hand, industry mergers and reorganizations are continuing. Since 2014, leading companies at home and abroad have accelerated With the pace of mergers and acquisitions, market concentration has further increased. The domestic leader Lili Lian successfully completed the acquisition of Sichuan Longsheng Titanium Industry at the end of September 2016. With the completion of this acquisition, Yanli Lien has a titanium dioxide capacity of 560,000 tons, and its production capacity ranks first in the country and fourth in the world. The concentration of domestic titanium dioxide industry has further increased. Since the recovery of demand since 2016, the real operating rate of the industry has gradually recovered to the level of 75% to 80%. On the micro level, leading companies such as China Lilian have basically maintained full production in recent years. On the other hand, the scale of new global titanium dioxide production capacity in the future is relatively controllable. By 2017, the global new production capacity will be approximately 500,000 tons, including about 310,000 tons domestically. Domestic titanium dioxide production capacity utilization bottomed out Domestic titanium dioxide industry concentration continues to increase 2016 domestic major titanium dioxide production capacity Titanium dioxide prices continue to rise since 2016 Since 2016, with the overall situation improving, the price of titanium dioxide has continued to rise. On May 8, 2017, Huntsman again announced a price increase of approximately US$250/tonne in the global market; currently, the market price of rutile products in East China is 19,800 yuan/ton, which is lower than the low point of 10,500 yuan/ton in early 2016. Nearly doubled. Since the beginning of this year, the price of domestic titanium concentrates has continued to rise due to the impact of environmental protection. Sichuan Pangang's latest offer is 1950 yuan/ton, which is more than 200% lower than the low price of 630 yuan/ton in early 2016.
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