High-end titanium materials mainly refer to high-performance pure titanium or titanium alloy products based on sponge titanium processing, which can be applied in many fields. At present, high-end titanium technology has a high market monopoly position, which restricts the scope and scale of high-end titanium in China. However, under the background of promoting a new round of industrial structure upgrading in China, high-end titanium materials will attract a new round of demand.
In the field of aviation industry, high-end titanium has become an important material for all kinds of aircraft fuselage and engine, and its proportion will continue to increase because of its excellent properties of high temperature, high strength and corrosion resistance whether for civil or military aircraft. In Civil aviation, civil aviation aircraft into the era of domestic production, China Aviation Group had predicted that the number of new civil aircraft will exceed 5,000 in the next 20 years. Meanwhile the demand for civil aircraft in urban safety, agriculture, fire protection and other aspects will also grow rapidly. On the military side, China will continue to strengthen its national defense construction, optimize and upgrade the level of air force equipment, and the renewal of military aircraft will open up huge demand space.
In the field of marine engineering, including shipbuilding, seawater desalination, offshore oil and gas development, marine energy utilization and so on, the demand for high-end titanium materials will be increased. Especially, shipbuilding industry will bring greater imagination space, including the incremental demand for new ships and the increase of the proportion of titanium consumption per unit.
In the field of automobile, automobile manufacturing is moving towards the stage of lightweight development. Because of its high strength and light weight, the proportion of high-end titanium in the composition of automotive materials has been gradually increased.
In the field of equipment manufacturing, "Made-in-China 2025" proposed that we should vigorously develop high-end equipment in the future. High-end titanium materials will also be widely used as important new materials because of their excellent properties. In the future, they will be widely used in medical devices, CNC machine tools, robots, 3D printing, etc.
Import substitution Space of High-end Titanium in China is large.
China is rich in titanium resources. The titanium industry has made rapid development in the past ten years. Large-scale development of titanium resources has expanded production capacity. The output of sponge titanium and common titanium materials ranks first in the world, and the production capacity of low and medium-yield titanium materials is seriously excessive. Although China and the United States, Japan and Russia are the four countries with complete titanium industry chain in the world, China is underdeveloped in the back end of the industry chain. The market products are mainly middle and low-end products, the technology of high-end titanium materials is relatively backward. Tthere is a lack of high-end products with reliable quality and market recognition, and the development of industrial structure is unbalanced.
Because of the excess capacity in the middle and low-end titanium market, the current price has fallen back to the level of 10 years ago. The unbalanced industrial development structure forces the domestic titanium enterprises to actively transform their demand, increase investment in R&D, accelerate the upgrading of equipment level, and positively lay out the high-end titanium market. For example, last year, China produced the first domestic high-purity titanium, which broke the monopoly of developed countries and narrowed the technology gap with international high-end titanium materials. Under the dual effects of increasing demand and import substitution, domestic enterprises with high-end titanium materials layout will usher in new development opportunities.
The application of high-end titanium materials is very extensive. The industries covered include the "going out" industry supported by the "one belt and one road" strategy, and also the key areas vigorously promoted by "made in China 2025". With the concepts of "Belt and Road" and "made in China 2025", the future demand space for high-end titanium is worthy of imagination and expectation under the promotion and support of national strategy and policy.
