Email:sales@dyrichchem.com Dongying Rich Chemical Co.,Ltd

Dongying Rich Chemical Co.,Ltd

Shine Titanium Dioxide Expected In 2022 Worth 31.19 Billion Dollars

2015-2022 Asia-Pacific annual titanium dioxide compound annual growth rate in consumption of about 4%, and the market value is expected to reach 10%, main areas of consumption for the coating and paint industry, the pulp and paper industry. Moscow (MRC)-2015 Russia titanium dioxide (TiO2) imports are down 17%. According to the MRC DataScope, Russia 64,500 tonnes of titanium dioxide total consumption last year. External supply from producers of non-CIS countries fell. Meanwhile, in contrast was purchased last year from Crimean Titan and SumyKhimprom TiO2 has increased. In 2015, SumyKhimprom TiO2 increased imports of 14%, reaching 11,500 tonnes. Shipment to Russia's Crimean TiO2 increased by 11%, more than 15,000 metric tons.

DuPont company responsible for greatly reduced in absolute terms. Its shipments fell by 6,300 metric tons in 2015, total shipments of only 10,000 tonnes. Kronos's TiO2 imports fell 3.5%, 7,900 tonnes. Finland producer Sachtleben Chemie company import supplier deliveries has increased. The company shipped to Russia up to 6,500 tonnes of TiO2, rose 14%. Market participants will decline in imports because the devaluation of the ruble. Local companies, SumyKhimprom and Crimean Titan company of TiO2 is much cheaper, and the price is not affected by the exchange rate, which is the reason for replacing these vendors.

Copyright © Dongying Rich Chemical Co.,Ltd. All rights reserved.
QR Code