There are more than 160
titanium alloy production enterprises in China. There are fewer enterprises with good independent research and development ability, high product technology content and excellent brand characteristics. Most of the enterprises are concentrated in the middle and low-end fields, especially the low-end market with excess production capacity and fierce competition. China's petrochemical, aerospace, electric power, Marine engineering and other industries continue to have strong demand for high-end titanium alloy products, titanium alloy market demand is shifting from low-end to high-end fields. However, the number of high-end titanium alloy manufacturers in China is small and the market supply is insufficient.
At present, only 10% of Titanium alloy products in China are applied in the high-end field, while 50% of titanium alloy products in the United States are applied in the high-end field. China's titanium alloy industry lags far behind that of developed countries. With the gradual expansion of China's large aircraft manufacturing and the continuous upgrading of military aircraft, the aerospace industry will continue to increase the demand for titanium alloy. From the perspective of the import unit price of titanium alloy products in China in 2018, the import unit price is much higher than the export unit price, indicating that China's high-end titanium alloy products are in short supply and the market relies on imports. The industry needs to continuously improve its r&d and innovation capability, improve product performance, develop new functional products, and accelerate the pace of import substitution in high-end titanium alloy market.
In 2017, China's titanium production stood at about 33 million tons, and the industry's output declined in 2018.Under the influence of weak market demand, high port inventory and unoptimistic economic situation, in 2018, the operation rate of large enterprises in China's titanium alloy industry was relatively good, while small enterprises resumed production cautiously, and the overall output of the industry declined. With the increase of market demand for high-end titanium alloy in China, large enterprises with higher technical level have greater development potential in the future.
According to industry analysts said the growing importance of the national policy for high-tech industry, aerospace, shipbuilding, Marine engineering, domestic transportation, military areas such as the growing demand for high-end materials, high-end titanium alloy production strategy is of great significance, titanium industry to adjust product structure, the shift to high-end fields become inevitable trend. Therefore, the titanium alloy industry will have higher and higher technical requirements on production enterprises. Only by continuously improving the core competitiveness of enterprises can the industry get further development. In the future, the technical barriers to entry of titanium alloy industry will continue to rise.
