The forecasted import of pigments and preparations based on titanium dioxide to China sees a steady upward trend from 2024 to 2028, progressing from 231.97 million kilograms to 235.56 million kilograms. This reflects a gradual increase in titanium dioxide pigment demand. The year-on-year growth remains minimal, around 0.4% consistently, indicating stable expansion. Over the last two years, the consumption has shown modest increments, while the compound annual growth rate (CAGR) remains slight, averaging around 0.4% annually over five years.
Future trends to watch for include:
- Fluctuations in global titanium dioxide supply affecting import levels.
- Technological advancements in domestic production potentially impacting imports.
- Eco-friendly and sustainable pigments possibly gaining market preference.