Longbai Group: The average annual growth rate of titanium dioxide demand is about 5%

April 22, LongBaiji response to investors in the interactive platform questions, on the current China newborn cliff fall, there are institutions forecast in the next 10 years domestic real estate sales area to decline by 50%, the formation of greater impact on titanium dioxide demand, in the face of the future real estate sales area caused by a sharp decline in titanium dioxide demand halved to answer, the company's products titanium dioxide downstream application field many, Mainly includes coating (accounting for about 58%), plastic (accounting for about 22%), paper (accounting for about 7%) and ink (accounting for about 4%) and other industries, coating is divided into architectural coating, industrial coating, automotive coating, protective packaging and other coatings, architectural coating accounted for about 41% of the coating. Titanium dioxide demand and global economic development is closely related, with the growth of the global economy titanium dioxide demand is increasing, is expected to average annual growth of about 5%.