The iron oxide red industry faces the risk of overcapacity and the industry tends to develop towards high-end development

Iron oxide red is divided into artificial iron oxide red and natural iron oxide red. Natural iron oxide red is a dark red or red amorphous powder, while artificial iron oxide red has different crystal structures and physical properties due to different preparation methods and operating conditions. The colors include red, blue and purple. Iron oxide red is the most popular and complete variety of iron oxide pigments, accounting for about 70% of the total. The production process of iron oxide pigments and iron oxide red is generally divided into dry and wet according to the reaction of the raw materials. process.

Iron oxide red is mainly used in the fields of building materials, coatings, plastics, advanced fine grinding materials, etc., of which building materials account for 28%, paints account for 45%, and rubber and plastics account for 15%. Paints and coatings are currently the largest application field of iron oxide red in my country. In recent years, my country’s paint production has grown steadily. In 2020, my country’s paint production will be 25 million tons. At present, high solid content electrophoretic coatings, low organic volatile powder coatings, low pollution curing system coatings, iron oxide pigments requiring low water absorption and high strength, and iron oxide red that are easily dispersed after processing or adding surfactants are iron oxide red coatings. future development direction.

The initial period of iron oxide red in my country was in the late 1970s, and it entered a mature stage after 2015. In 2020, domestic iron oxide production capacity will be approximately 800,000 tons/year. After integration, transformation, upgrading and structural adjustment, industrial production capacity will remain at 800,000 tons/year in 2020, facing a crisis of excess. In recent years, the actual production capacity of my country’s iron oxide red industry has remained between 300,000 and 360,000 tons, and the annual production capacity will reach 340,000 tons in 2020.

According to the “China Iron Oxide Red Industry Application Market Demand and Development Opportunities Research Report 2021-2026” released by the Industrial Research Center, In terms of output, my country’s iron oxide red output in 2020 was 251,000 tons, while the market demand growth rate was basically the same. Currently, 42% of the world’s iron oxide red production comes from China, but China only accounts for 34% of total consumption. In 2020, my country’s demand for iron oxide red will be 210,000 tons.

Industry analysts people said that iron oxide red is mainly used in the field of paint. However, in recent years, the global and Chinese paint industry has been sluggish, and oxidation The market demand for iron red is small. Although the domestic production capacity of iron oxide red is relatively high, due to the impact of environmental protection policies, most production facilities have stopped production. In 2020, my country’s actual iron oxide red production capacity was less than 400,000 tons. In terms of production and demand, my country is the world’s major producer of iron oxide red, and the market demand is also high.