① Coatings: The downstream demand structure of domestic and overseas titanium dioxide is similar. Coatings are the largest application fields, accounting for 61% of the consumption. Among the four components of paint products, namely resin, pigments and fillers, solvents and additives, titanium dioxide accounts for 10% to 25% of the total cost, accounting for more than 90% of the total amount of pigments and fillers, and more than 95% of the total amount of white pigments.

According to data released by the China Coatings Industry Association, the total production of China's coatings industry has increased from 12.72 million tons in 2012 to 24.388 million tons in 2019, with a compound annual growth rate of 9.7%. Coatings, as an intermediate commodity, are closely related to downstream consumer markets such as the automotive industry, real estate, infrastructure, and home furnishings.

② Plastics: At present, it is the second largest user of titanium dioxide pigments, accounting for about 20% of the total demand for titanium dioxide. The amount of titanium dioxide used in plastic products will vary with the use requirements, generally between 0.5% and 5%. According to data from the National Bureau of Statistics, the production of plastic products in China increased from 57.81 million tons in 2012 to 81.84 million tons in 2019, with a compound annual growth rate of 5.1%. The amount of titanium dioxide increases accordingly.

③ Paper making industry: Paper making and paper products industry is the third largest application industry of titanium dioxide. Paper using titanium dioxide has good whiteness, high strength, luster, thin and smooth, and is not easy to penetrate when printing. Under the same conditions, the opacity is 10 times higher than that of paper using calcium carbonate and talc powder, and the weight can also be reduced by 15% to 30%. The amount of titanium dioxide in decorative paper accounts for 20%~40% of its raw materials, and the amount of titanium dioxide in other papers is about 1%~5%. Due to the continuous adjustment of the industrial structure of the paper products industry from 2016 to 2018, according to the data of China Paper Association, the output of China's paper products in 2019 was 72.19 million tons, a significant year-on-year increase of 29.4%, and the use of titanium dioxide increased significantly.

④ Ink industry: titanium dioxide is also an indispensable white pigment in advanced ink. The ink containing titanium dioxide is durable and does not change color, has good surface wettability and is easy to disperse. The titanium dioxide used in the ink industry includes rutile and anatase.

China's titanium dioxide enterprises are currently in the stage of capacity expansion and upgrading. With the recovery of the world economy, Caiqing Technology seized the opportunity to occupy the market, titanium dioxide has been exported to more than 90 countries and regions, and has been recognized and unanimously praised by customers in the United States, Singapore, India, Saudi Arabia, Vietnam, Brazil, and other countries. Our company will continue to increase the research and development of titanium dioxide, and provide high-quality titanium dioxide for various industries around the world.