Looking ahead to 2023, titanium dioxide will play a key role in various industries. The growth potential of this chemical is huge, and companies like Hebei Caiqing Material Technology Co., Ltd. are well positioned to meet the changing demands of the market. With its individual customization services and dedication to research and development, the company is well-positioned to meet the growing demand and contribute to the advancement of titanium dioxide applications worldwide. Whether in coatings or plastics, titanium dioxide brings innovation, protection and improved product performance to a wide range of customers around the world.

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.