What is the market share of titanium tubes and titanium plates?
—— What is the market share of titanium tubes and titanium plates?
[ 信息发布:本站 | 时间:2024-03-08 | 浏览:265 ]
Based on data from major industry research institutes, let's explore the current status and future development of China's titanium industry.
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Competitive Landscape of China's Titanium Industry:
China's titanium industry can be divided into three competitive tiers based on companies' titanium product output in 2020:
1. Enterprises with production exceeding 800,000 tons: Currently, only Longbai Group falls into this category.
2. Enterprises with production between 250,000 to 800,000 tons: This tier includes companies like CNNC Titanium Dioxide, BaoTi Group, and Pangang Group Vanadium Titanium.
3. Enterprises with production below 250,000 tons: These companies have relatively lower titanium product output.
The distribution of titanium industry enterprises in China is relatively dispersed, with a higher concentration in regions such as Sichuan, Shaanxi, and Henan, mainly due to raw material influences. Additionally, Longbai Group and Pangang Group Vanadium Titanium, which have complete industrial chains, are also concentrated in these areas.
Market Share of China's Titanium Industry:
Based on disclosed annual production figures from various enterprises and China's total titanium product output, the following market share scenarios can be observed:
Titanium dioxide market: Longbai Group holds the highest production output, capturing a market share of 23%, followed by CNNC Titanium Dioxide with a market share of 9%.
Titanium processing materials market: Incomplete statistics show that BaoTi Group has the highest production output, accounting for 19% of the market share, followed by Western Metal Materials and Western Superconducting Technologies, with market shares of 6% and 5%, respectively.
Market Concentration of China's Titanium Industry:
Overall, China's titanium industry exhibits a relatively high market concentration, both in titanium dioxide and titanium processing materials. In 2020, the CR3 (market share of the top three enterprises) for the titanium dioxide market reached 39%, showing an increase from 2019. Similarly, the CR3 for the titanium processing materials market reached 30% in 2020, representing a significant decrease from 2019. The main reason is that although the total production output of China's 32 titanium processing materials enterprises increased significantly to 97,000 tons in 2020, a year-on-year increase of 28.90%, the production output of BaoTi Group, which holds the highest market share, declined.
Future Outlook:
Analyzing from the perspective of the Five Forces Competitive Model, China's titanium industry is currently in a phase of rapid development. Although the number of existing competitors is limited, the market concentration is high. Upstream suppliers mainly consist of mining and equipment companies, with strong bargaining power. The downstream consumer market is primarily composed of aerospace, chemical, and defense enterprises. While there are fewer midstream production enterprises and high-end products mostly rely on imports, domestic market output significantly exceeds demand. Therefore, the bargaining power with downstream consumers is moderate. Moreover, due to the high capital requirements and technological barriers in the industry, the threat from potential new entrants is relatively low.
In conclusion, China's titanium industry still holds significant development potential in the future, especially with the increasing trend towards domestic substitution of high-end products. Below is an introduction to various types and applications of titanium materials:
Alpha Titanium Alloys:
Consisting of alpha-phase solid solution, these alloys remain stable at both ambient and elevated temperatures.
Maintain strength and creep resistance between 500°C and 600°C but lack heat treatment strengthening, resulting in relatively low room temperature strength.
Beta Titanium Alloys:
Comprising beta-phase solid solution, these alloys exhibit high strength without the need for heat treatment. Further strengthening can be achieved through quenching and aging.
However, they have poor thermal stability and are unsuitable for high-temperature applications.
Alpha+Beta Titanium Alloys:
Dual-phase alloys with excellent mechanical properties, good structural stability, and high toughness, plasticity, and high-temperature deformation performance, allowing for effective hot forming. They can be further strengthened through quenching and aging.
Post-heat treatment, their strength is typically 50% to 100% higher than in the annealed state, with high-temperature strength.
Overall, titanium materials find extensive applications in aerospace, aviation, chemical, medical, and other industries due to their exceptional properties.