TZMI 2015: IHS Automotive offers gloomy outlook for Chinese TiO2
Published: Friday, 20 November 2015
Automotive coatings represent an important consuming industry for titanium dioxide, but overcapacity in China and slowing economic growth is likely to erode demand from the sector in the next few years.
Global industry consulting group IHS has warned that slowing
economic growth in China will have a damaging effect on
industrial activity, including demand for light automotive
vehicles, creating weaker demand conditions for titanium
Speaking at the TZMI 2015 Congress in Shanghai, China, this
week, Tao Gao, manager for light vehicle...