The hottest titanium dioxide market has entered a

2022-09-21
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Titanium dioxide market enters a period of in-depth adjustment

titanium dioxide market enters a period of in-depth adjustment

2019 0 when the experimental force exceeds 2% to 5% of each level of experimental force, September 09

global economic risks have increased significantly in recent months. It is mainly caused by geopolitics and the continuous trade conflicts between the United States and its trading partners. These conflicts are not expected to be eased in the near future, which will significantly slow down the global macroeconomic growth. It is the general trend for the paint industry to reduce energy consumption. Industry giants have announced the financial statements for the first half of 2019 paint. From the performance of these enterprises, the overall market of the coating industry in the first half of 2019 was depressed, and the downward pressure on the industry increased, entering a period of in-depth adjustment

PPG

PPG in the first half of 2009, the sales volume was $7.648 billion, a year-on-year decrease of 3.34%; The net profit was $584million, a year-on-year decrease of 17.16%. Among them, the sales of high-performance coatings business in the first half of the year was US $4.538 billion, a year-on-year decrease of 2.58%; Segment profit was $722million, an increase of 2% year-on-year. The sales volume of industrial coatings business in the first half of the year was US $3.11 billion, a year-on-year decrease of 4.4%; Segment profit was $453 million, down 2% year-on-year

AkzoNobel

AkzoNobel's sales in the first half of 2019 were 4.636 billion euros, an increase of 0.3% year-on-year, basically unchanged from the same period last year, with an increase of 1% at a fixed exchange rate. The overall price/portfolio and extremely high office rent increased by 5%, mainly driven by pricing measures. As AkzoNobel focused on value rather than quantity, the trading volume fell by 6%. With the exception of China, sales fell by 3%

due to the decline in the performance of the downstream coating industry, the upstream raw material market, such as titanium dioxide, also declined. Now the trend of titanium dioxide products will be towards large-scale, centralized, differentiated, diversified and customized development. For the production of titanium dioxide by chlorination, large-scale chlorination process and continuous production are necessary to meet the chlorination and oxidation cycle, and to achieve production and achieve benefits. At the same time, domestic sponge titanium production enterprises are also relatively concentrated, and the amount of titanium dioxide required by sponge titanium enterprises is relatively concentrated, which should also develop towards large-scale and centralized. For the fine chemical industry market, it will develop towards differentiation, diversification and customization. Titanium dioxide has many uses and a wide range of applications. Various uses have different requirements for quality. Based on meeting market demand, it is also a strong and refined titanium dioxide industry

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