On January 13, the Titanium Dioxide Industry Technology Innovation Strategic Alliance (hereinafter referred to as the Titanium Dioxide Alliance) learned that in 2024, our country's total titanium dioxide production will hit a new historical high of 4.766 million tons, an increase of 606,000 tons over the previous year, an increase of 14.57%. According to the Secretary-General of the Titanium Dioxide Alliance Secretariat, in 2024, there will be 42 full-process titanium dioxide production enterprises with normal production conditions in the industry (excluding post-processing/post-treatment enterprises), and the total output of rutile (including sulfuric acid process full-process crude products, finished products, and chloride products) and anatase titanium dioxide and related products will reach 4.766 million tons.
According to statistics, the output of rutile titanium dioxide was 4.051 million tons, accounting for 85.00%, a decrease of 1.54 percentage points from the previous year; the output of anatase titanium dioxide was 560,000 tons, accounting for 11.75%, an increase of 1.64 percentage points from the previous year; the output of non-pigment grade and other types of titanium dioxide was 156,000 tons, accounting for 3.27%, a decrease of 0.1 percentage point from the previous year. He pointed out that in 2024, the output of chloride titanium dioxide was 663,000 tons, a decrease of 29,000 tons from the previous year, a decrease of 4.19%, which was the first decline in recent years. The output of chlorination products accounted for 13.91% of the total output of titanium dioxide, a year-on-year decrease of 2.72 percentage points; it accounted for 16.37% of the output of rutile products, a year-on-year decrease of 2.85 percentage points. In 2024, among the 40 comparable production enterprises, 10 had a year-on-year decrease in output, and most of the remaining manufacturers increased, and some remained unchanged. Two of them stopped production or closed down, but two new companies started production. And he emphasized that in 2024, the average capacity utilization rate of the entire titanium dioxide industry will be 80.64%, which is a relatively low figure.
