Titanium Industry is Restructuring Quietly

Feb. 8, 2012 - PRLog -- Features and reserves of titanium make it become an important alternative metal material: Two major advantages of titanium is the high specific strength and corrosion resistance, which determines the titanium inevitable application prospects in the aerospace, weapons equipment, energy, chemical, metallurgy, and construction, transportation areas. Abundant resource base provides wide range applications of titanium.

Titanium and zirconium resources revaluation help rare strategic metals ETF excelled: as the value of rare metals with the consumer and industrial upgrading revaluation, especially after the policy changes (such as China's rare earth export policy adjustments.) .View from the medium and long term, Rare and strategic metals ETF increasing the value of potential.

China has the advantage of developing titanium industry with the mineral resources: With a titanium reserves account for nearly 30% of the world. China's titanium resources, mainly concentrated in Panxi ilmenite. China through the development of vanadium and titanium resources, promotion of titanium steel symbiotic "mode, to reduce the titanium processing costs, and promote the sound development of the titanium industry. China's titanium industry is suffering from a common problem of "big but not strong," As of 2010, China's titanium sponge production reached more than 66 thousand tons, accounting for 1/3 ofthe global production. China is already the largest producer of titanium, in the development of deep processing of titanium metal products, but titanium dioxide and others are still not enough.

Aerospace and industrial applications accounted for more than 80% of the global demand for titanium products: aerospace (including commercial and military) accounted for more than 30% of the demand for titanium products. Industrial applications accounted for half of the needs of the global titanium products. Titanium widely used in industry, aerospace demand accounted for the decline. Has developed aerospace and military defense industry in North America and the European Union is the main consumption of titanium products.

To promote the development of titanium industry in the construction of aerospace and defense industry: Boeing forecast in the 2009-2029 year period, the global aircraft to maintain an average annual compound growth of 3.3%, the newly purchased aircraft over 17,000 aircraft, replacement of aircraft close to 14000. Global civil aviation market, there are broad prospects for development. With the implementation of the domestic ARJ-21 and C919 commercial aircraft project, the high-end development of domestic titanium industry has a good policy and market support. And national defense building and economic strength that matches will also promote the extension of the development of China's titanium industry, the progressive realization of the transformation of the resource advantages of the industrial chain advantage.
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