Demand growth is higher than production capacity growth, titanium dioxide supply become further tight

According to the Institute of the latest release of the “titanium dioxide industry market demand analysis report”, 2017 and 2018 titanium dioxide domestic demand growth will be 10% and 8%, respectively, 2017 domestic demand increased by 210,000 tons (paint 150,000 Ton, plastic 30,000 tons, 30,000 tons of paper), 2018 domestic demand by 180,000 tons (120,000 tons of paint, plastic 30,000 tons, 30,000 tons of paper). Demand growth rate is higher than the capacity growth makes the titanium dioxide industry supply and demand balance further tightening.