Global economic risks have increased significantly in recent months. Mainly caused by geopolitics and the ongoing trade conflicts between the United States and its trading partners. These conflicts are not expected to be alleviated in the near future, causing the global macroeconomic growth to slow down significantly. The coatings industry giants have announced the first half of 2019 financial reports. Judging from the performance of these companies, the overall market for the coatings industry in the first half of 2019 is in a downturn, the downward pressure on the industry has increased, and it has entered a period of in-depth adjustment.

Due to the decline in the performance of the downstream coatings industry, the upstream raw material market such as titanium dioxide also declines. Nowadays, the trend of titanium dioxide will be large-scale, centralized, differentiated, diversified, and customized. For the production of titanium dioxide by the chlorination method, a large-scale chlorination process is necessary, and continuous production can meet the chlorination and oxidation cycle, and can achieve the production and reach the standard and produce benefits. At the same time, domestic titanium sponge production enterprises are relatively concentrated, and the amount of titanium dioxide required by titanium sponge enterprises is relatively concentrated, and they should also develop towards large-scale and centralized development. For the fine chemical market, it will develop towards differentiation, diversification and customization. Titanium dioxide has many uses and a wide range of applications. Each application has different quality requirements and different requirements. Based on meeting market needs, it is also a stronger and refined titanium dioxide industry.