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Domestic Titanium Market Will Grow At An Annual Rate Of 5%

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Baoji is known as the Titanium City, Baoji is rich in rare metal titanium, and storage and exploitation of the country's top. Titanium reserves are very rich in China, accounting for 60% of the world's proven reserves, for the development and utilization of titanium provides a unique advantage. However, compared with the developed countries, there is still a big gap between the titanium industry and the titanium industry in China, the application level of titanium is only 1/10 of that of the developed countries, which provides a broad market space for the development of titanium industry. Domestic experts predict that with the rapid development of China's economic construction, in the next 10 years, the domestic titanium market will grow at an annual rate of 5%

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