Original Title: Titanium Industry Overview and Development Trend Analysis 1.
Basic information of titanium metal Titanium is considered a rare metal due to
its scattered presence in nature and difficulty in extraction. However, it is
relatively abundant, ranking tenth among all elements. Titanium ores, mainly
ilmenite and rutile, are widely distributed in the crust and lithosphere.
Titanium is also present in almost all organisms, rocks, water and soil.
Extraction of titanium from primary ores requires either the Kroll or Hunt
process. The most common compound of titanium is titanium dioxide, which is used
to make white pigments. Other compounds include titanium tetrachloride (TiCl4)
(used as a catalyst and to make smoke screens or skywriting) and titanium
trichloride (TiCl3) (used to catalyze the production of polypropylene). Titanium
and titanium alloys are widely used in aviation industry because of their low
density, high strength, corrosion resistance, low temperature resistance,
resistance, non-magnetic, non-toxic, tensile strength and other excellent
properties, known as "space metal"; It is widely used in shipbuilding industry,
chemical industry, manufacturing mechanical parts, telecommunication equipment,
hard alloy and so on. Related Report: Analysis of Competition Pattern and
Development Trend of Titanium Industry by Beijing Puhua Youce Information
Consulting Co., Ltd. 2. Trade barriers (1) Technical barriers Titanium and
titanium alloys can be widely used in civil, national defense, economy, science
and technology and other fields, and the development of titanium industry to a
certain extent also reflects the application level of a country's high-tech
materials technology and the development of manufacturing industry, so the
requirements for its quality stability, forging and rolling processing
technology are relatively high. The smelting process of titanium includes:
titanium slag smelting process, chlorination process, refining process,
reduction distillation process and other links, and the technical difficulty of
the links is high. In order to form large-scale and industrial production, it is
necessary to solve the technical problems of process flow control and the
management problems of the whole process flow, otherwise it will cause waste of
resources and a substantial increase in production costs. In the future, the
strategic significance of high-end titanium production will be more
significant,
ti6al4v
eli, and the shift of product structure to high-end will become an
inevitable trend of its development. Domestic petrochemical, aerospace, electric
power, marine engineering, sports and leisure industries continue to maintain
strong demand for high-end titanium products, while high-tech industries such as
computers are constantly emerging demand growth points for titanium, promoting
the development of titanium products to high-end areas. The high-end development
of domestic titanium industry has been supported by both policy and market
orientation, and the national defense construction matching the improvement of
economic strength will also promote the transfer of China's titanium industry to
high-end areas and gradually improve the advantages of the industrial chain.
Therefore, only by continuously improving technical indicators, developing
energy-saving and environmental protection processes, and having core
competitiveness in product quality, can enterprises achieve continuous
development. As a result,
nickel
titanium wire, the technical requirements of titanium and titanium alloy
processing for enterprises in the industry will be higher and higher, which will
constitute a higher technical barrier for enterprises entering later. (2) Policy
barriers Expand the full text In the process of titanium processing, some
processes need to use acid and alkali to clean the surface of the product, which
produces some waste water and waste acid. At present, under the background of
advocating "energy saving and environmental protection" in the whole society,
with the continuous improvement of the national requirements for environmental
protection, "energy saving and emission reduction" has become the leading
direction of the future development of the whole industry in China, requiring
enterprises entering the industry to have a strong sense of environmental
protection and carry out production and operation according to the national
environmental protection regulations. Reasonable post-treatment process and
"three wastes" treatment steps are also very necessary. According to China's
binding targets for energy conservation and emission reduction, the government
will strictly control new projects, and some enterprises will be eliminated if
they fail to meet the environmental protection standards. The environmental
protection measures taken to meet the national environmental protection
requirements and the corresponding investment in environmental protection
equipment have set certain barriers for new entrants to the industry. (3)
Capital barrier Titanium industry is a typical technology-intensive and
capital-intensive industry, which usually requires a large amount of initial
investment, including large-scale, high-standard processing plants, clean sites,
a large number of technologically advanced cutting, forming, welding equipment
and professional testing equipment and instruments. These essential factors of
production require new entrants to the industry to invest a large amount of
money at one time, which increases the investment risk and constitutes a capital
barrier to enter the industry. In addition, due to the characteristics of the
industry, the cost of raw materials accounts for a large proportion of operating
costs, raw material procurement needs to occupy a large amount of funds, and the
equipment products industry has a relatively long repayment cycle, which
occupies a lar ger amount of liquidity, and further constitutes a capital
obstacle for new entrants. (4) Customer trust barrier At present,
titanium
plate gr7 ,
titanium
round bar, the titanium and titanium alloy industry has developed to a
certain extent, most customers have the concept of "first impressions first",
downstream customers often choose their own trustworthy enterprises, such as
long-term cooperative enterprises or brand excellent enterprises, first occupy
the market will gain greater market advantages, new entrants will gain the trust
of downstream customers. The cost of investment is more than that of early
entrants, which often constitutes a barrier to entry for new entrants. 3.
Development status of titanium industry in China Wujiang Group, the first
titanium industry chain in China, with a total investment of 7.6 billion yuan,
is closely linked from titanium ore to 20000 tons of titanium sponge and
titanium processing, titanium alloy and titanium household products industry
chain. Titanium ore resources in China mainly include ilmenite rock ore,
ilmenite placer ore and rutile ore, which are mainly distributed in Sichuan,
Hebei, Yunnan, Hainan and other places, of which 98. 9% is ilmenite and only
about 1% is rutile. Although there are abundant titanium resources in China, and
the reserves of primary ilmenite account for 94. 1% of the total amount of
titanium ore, it belongs to the associated minerals of iron ore, and its
development and utilization are restricted by the development and utilization of
its main mineral-iron ore. Although after years of research, the comprehensive
recovery rate of titanium resources can only reach about 26%, which is far
behind that of developed countries. In addition, the proven reserves of rutile
in China are not much, most of them are primary ore, and the grade is relatively
low. Ilmenite placer and rutile in China account for a small proportion of
titanium ore raw materials in terms of resource reserves and output. Titanium
products are used in many important sectors of the national economy in China,
and the operation of titanium industry is closely related to the development of
the national economy. In 2016, the application of titanium resources in China
was mainly concentrated in chemical industry, electric power, aerospace,
metallurgy and other fields. In recent years, the scale of China's non-ferrous
metal industry has been expanding, the industrial structure has been optimized,
the quality level has been improved, and the ability of international operation
has been enhanced, thus achieving rapid development. But at the same time,
affected by the changes in the international and domestic economic situation,
the market demand for non-ferrous metals is low, and the deep-seated
contradictions and problems such as structural overcapacity and imbalance
between supply and demand in the market accumulated over a long period of time
in the non-ferrous metals industry have gradually emerged. Since 2014, the
prices of major non-ferrous metal products have continued to fall. In 2015, the
main business income of Enterprises above the scale of the non-ferrous metal
industry increased by zero, and the total profit decreased by 13.2% compared
with the same period last year. In order to solve the outstanding problems
existing in the development of China's non-ferrous metals industry and promote
the sustainable and healthy development of the non-ferrous metals industry, the
State Council has formulated and promulgated the Guiding Opinions of the General
Office of the State Council on Creating a Good Market Environment to Promote the
Structural Adjustment, Transformation and Benefit Increase of the Non-ferrous
Metals Industry, focusing on promoting the structural reform of the supply side,
optimizing the stock and guiding. To ensure the sustained and healthy
development of the industry. 4. Development trend of titanium industry in China
Titanium industry belongs to the field of national strategic new materials. With
the development of economy and the expansion of application fields, the demand
will gradually increase in the future development of the industry. Temporary and
structural overcapacity in the short term is a normal phenomenon. (1) Technical
innovation of titanium products The development of domestic titanium industry
benefits from the policy support of the state to the titanium industry. The
Guiding Opinions of the General Office of the State Council on Creating a Good
Market Environment to Promote the Structural Adjustment of Non-ferrous Metals
Industry, Promoting Transformation and Increasing Benefits put forward the
overall requirements, key tasks and policy guarantees for solving the outsta
nding problems of China's non-ferrous metals industry and promoting the
sustainable and healthy development of non-ferrous metals industry, and clearly
demanded that technological innovation be strengthened and efforts be made. To
meet the needs of advanced equipment, new generation information technology,
ship and ocean engineering, aerospace, national defense science and technology
and other fields. (2) Transfer of products to high-end fields Due to the low
entry threshold of titanium industry in China, the competition of low-end
titanium products is fierce. Therefore, the strategic significance of high-end
titanium production is more significant, and the transfer of product structure
to high-end has become an inevitable trend of its development. Domestic
petrochemical, aerospace, electric power, marine engineering, sports and leisure
industries continue to maintain strong demand for high-end titanium products,
while high-tech industries such as computers are constantly emerging demand
growth points for titanium, promoting the development of titanium products to
high-end areas. At present, only 10% of titanium materials in China are used in
high-end fields, while 50% of them are used in high-end fields abroad, which is
a big gap. The high-end development of domestic titanium industry has been
supported by both policy and market orientation, and the national defense
construction matching the improvement of economic strength will also promote the
transfer of China's titanium industry to high-end areas, and gradually improve
the advantages of the industrial chain, which will be a long-term development
process. It is an important task for the development of titanium industry in
China to develop new functional titanium materials through the development of
titanium strips, titanium and its alloy extrusion pipes to meet the needs of the
overall construction of the country. (3) Titanium industry tends to be
internationalized and scaled Due to the deepening of the Belt and Road
Initiative, the trade between the East and the West has increased, and the
integration of the East and West markets is forming a unified world titanium
market. Since 1996, American Timet Company has merged British IMI Company and
Cezus Company of Zirconium in Europe to control the European market, and also
merged American A. Johnson Metals Company Limited,
titanium
bar gr5, and merged with Valinox Pipe Company of France, the largest pipe
manufacturing company in Europe. With the formation of the Valitimet joint
venture, these acquisitions have significantly strengthened Timet. Return to
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