Driven by the country's vigorous support of the marine economy and efforts to build a maritime power, China's marine engineering field has developed steadily, and the scale of marine engineering investment and output value has continued to rise. Titanium, with its lightweight, high strength, and seawater corrosion resistance, is an important structural material in the fields of offshore oil and gas development and seawater resource utilization. It is widely used in marine engineering construction and equipment structural parts. The demand for titanium alloys will continue to increase.
After more than half a century of development, China's titanium alloy industry has accumulated a wealth of production experience. However, the problems left over from the industry's history are prominent, and the structural overcapacity is serious. The supply of high-end titanium alloys cannot meet the increasing demand. At present, the profit margin of the high-end market is emerging. At the same time, with the adjustment of China's national economic structure, the high-end chemical industry, aerospace, marine engineering, medical and pharmaceutical industries have achieved rapid development. The high-end titanium alloy market has shown its own advantages and potential. They have worked hard to gain a place in the high-end field and promote the overall development of the titanium alloy industry. In response to the domestic "independent and controllable" requirement, domestic titanium alloy processing enterprises are ushering in historical opportunities, especially for domestic high-end titanium alloy processing enterprises. I believe that with the correct orientation of national policies and the joint efforts of enterprises, the domestic titanium alloy industry will continue Bigger and stronger.
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