Global Titanium Metal (Titanium Alloy) Market Insights and Forecast to 2027

SKU ID : QYR- 17926423

Publishing Date : 06-Apr-2021

No. of pages : 114

PRICE
4900
7350
9800

  • Titanium alloys are metals that contain a mixture of titanium and other chemical elements. Titanium is considered to be one of the strongest metals. Its strength, heat, water and salt resistance, and its light weight make it the ideal metal for a variety of applications. These applications range from jewelry and dental implants to airplanes and ships. Pure titanium is strong and corrosive resistant. Titanium alloys retain the same strength and corrosion resistance but takes on the greater flexibility and malleability of the metal it is combined with. Titanium alloys, therefore, have more applications than pure titanium.
    The main producers in the sector are TIMET, ATI and VSMPO-AVISMA, with a combined revenue share of 38.67% in 2019.

    Market Analysis and Insights: Global Titanium Metal (Titanium Alloy) Market
    The global Titanium Metal (Titanium Alloy) market is valued at US$ 4362.4 million in 2019. The market size will reach US$ 6365.8 million by the end of 2026, growing at a CAGR of 5.3% during 2021-2026.

    Global Titanium Metal (Titanium Alloy) Scope and Segment
    Titanium Metal (Titanium Alloy) market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Titanium Metal (Titanium Alloy) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2016-2027.

    Segment by Type
    Plates
    Bars
    Tube
    Forgings
    Wires
    Others
    The revenue proportion of plates is about 51.01%, which is the highest in 2019.

    Segment by Application
    Airframes
    Aeroengines
    Petrochemical
    Medical
    Desalination
    Automotive
    Energy
    Others
    The most proportion of titanium metal is aiframes, and the market share in 2019 is 44.11%.

    By Company
    TIMET
    ATI
    VSMPO-AVISMA
    Western Superconducting
    BAOTAI
    Western Metal Materials
    Carpenter
    Arconic
    OSAKA Titanium
    Toho Titanium
    Advanced Metallurgical Group

    Production by Region
    North America
    Europe
    China
    Japan

    Consumption by Region
    North America
    U.S.
    Canada
    Europe
    Germany
    France
    U.K.
    Italy
    Russia
    Asia-Pacific
    China
    Japan
    South Korea
    India
    Australia
    Taiwan
    Indonesia
    Thailand
    Malaysia
    Philippines
    Vietnam
    Latin America
    Mexico
    Brazil
    Argentina
    Middle East & Africa
    Turkey
    Saudi Arabia
    U.A.E

    Frequently Asked Questions



    This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

    • By product type
    • By End User/Applications
    • By Technology
    • By Region

    The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
    market Reports market Reports