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Global Titanium Metal (Titanium Alloy) Market Research Report 2024
Synopsis
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 global Titanium Metal (Titanium Alloy) market was valued at US$ 4917.1 million in 2023 and is anticipated to reach US$ 7088.6 million by 2030, witnessing a CAGR of 5.3% during the forecast period 2024-2030.
Asia-Pacific is the largest region of Titanium Metal (Titanium Alloy), with a market share about 35%, followed by Europe and North America, etc. The main producers in the sector are TIMET, ATI and VSMPO-AVISMA, with a combined revenue share of about 40%.
This report aims to provide a comprehensive presentation of the global market for Titanium Metal (Titanium Alloy), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Titanium Metal (Titanium Alloy).
Report Scope
The Titanium Metal (Titanium Alloy) market size, estimations, and forecasts are provided in terms of output/shipments (MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Titanium Metal (Titanium Alloy) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Titanium Metal (Titanium Alloy) manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
TIMET
ATI
VSMPO-AVISMA
Western Superconducting
BAOTAI
Western Metal Materials
Carpenter
Arconic
OSAKA Titanium
Toho Titanium
Advanced Metallurgical Group
Segment by Type
Plates
Bars
Tube
Forgings
Wires
Others
Segment by Application
Airframes
Aeroengines
Petrochemical
Medical
Desalination
Automotive
Energy
Others
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
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Titanium Metal (Titanium Alloy) manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Titanium Metal (Titanium Alloy) by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Titanium Metal (Titanium Alloy) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
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 global Titanium Metal (Titanium Alloy) market was valued at US$ 4917.1 million in 2023 and is anticipated to reach US$ 7088.6 million by 2030, witnessing a CAGR of 5.3% during the forecast period 2024-2030.
Asia-Pacific is the largest region of Titanium Metal (Titanium Alloy), with a market share about 35%, followed by Europe and North America, etc. The main producers in the sector are TIMET, ATI and VSMPO-AVISMA, with a combined revenue share of about 40%.
This report aims to provide a comprehensive presentation of the global market for Titanium Metal (Titanium Alloy), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Titanium Metal (Titanium Alloy).
Report Scope
The Titanium Metal (Titanium Alloy) market size, estimations, and forecasts are provided in terms of output/shipments (MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Titanium Metal (Titanium Alloy) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Titanium Metal (Titanium Alloy) manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
TIMET
ATI
VSMPO-AVISMA
Western Superconducting
BAOTAI
Western Metal Materials
Carpenter
Arconic
OSAKA Titanium
Toho Titanium
Advanced Metallurgical Group
Segment by Type
Plates
Bars
Tube
Forgings
Wires
Others
Segment by Application
Airframes
Aeroengines
Petrochemical
Medical
Desalination
Automotive
Energy
Others
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
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Titanium Metal (Titanium Alloy) manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Titanium Metal (Titanium Alloy) by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Titanium Metal (Titanium Alloy) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Titanium Metal (Titanium Alloy) Market Overview
1.1 Product Definition
1.2 Titanium Metal (Titanium Alloy) Segment by Type
1.2.1 Global Titanium Metal (Titanium Alloy) Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Plates
1.2.3 Bars
1.2.4 Tube
1.2.5 Forgings
1.2.6 Wires
1.2.7 Others
1.3 Titanium Metal (Titanium Alloy) Segment by Application
1.3.1 Global Titanium Metal (Titanium Alloy) Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Airframes
1.3.3 Aeroengines
1.3.4 Petrochemical
1.3.5 Medical
1.3.6 Desalination
1.3.7 Automotive
1.3.8 Energy
1.3.9 Others
1.4 Global Market Growth Prospects
1.4.1 Global Titanium Metal (Titanium Alloy) Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Titanium Metal (Titanium Alloy) Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Titanium Metal (Titanium Alloy) Production Estimates and Forecasts (2019-2030)
1.4.4 Global Titanium Metal (Titanium Alloy) Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Titanium Metal (Titanium Alloy) Production Market Share by Manufacturers (2019-2024)
2.2 Global Titanium Metal (Titanium Alloy) Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Titanium Metal (Titanium Alloy), Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Titanium Metal (Titanium Alloy) Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Titanium Metal (Titanium Alloy) Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Titanium Metal (Titanium Alloy), Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Titanium Metal (Titanium Alloy), Product Offered and Application
2.8 Global Key Manufacturers of Titanium Metal (Titanium Alloy), Date of Enter into This Industry
2.9 Titanium Metal (Titanium Alloy) Market Competitive Situation and Trends
2.9.1 Titanium Metal (Titanium Alloy) Market Concentration Rate
2.9.2 Global 5 and 10 Largest Titanium Metal (Titanium Alloy) Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Titanium Metal (Titanium Alloy) Production by Region
3.1 Global Titanium Metal (Titanium Alloy) Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Titanium Metal (Titanium Alloy) Production Value by Region (2019-2030)
3.2.1 Global Titanium Metal (Titanium Alloy) Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Titanium Metal (Titanium Alloy) by Region (2025-2030)
3.3 Global Titanium Metal (Titanium Alloy) Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Titanium Metal (Titanium Alloy) Production by Region (2019-2030)
3.4.1 Global Titanium Metal (Titanium Alloy) Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Titanium Metal (Titanium Alloy) by Region (2025-2030)
3.5 Global Titanium Metal (Titanium Alloy) Market Price Analysis by Region (2019-2024)
3.6 Global Titanium Metal (Titanium Alloy) Production and Value, Year-over-Year Growth
3.6.1 North America Titanium Metal (Titanium Alloy) Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Titanium Metal (Titanium Alloy) Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Titanium Metal (Titanium Alloy) Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Titanium Metal (Titanium Alloy) Production Value Estimates and Forecasts (2019-2030)
4 Titanium Metal (Titanium Alloy) Consumption by Region
4.1 Global Titanium Metal (Titanium Alloy) Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Titanium Metal (Titanium Alloy) Consumption by Region (2019-2030)
4.2.1 Global Titanium Metal (Titanium Alloy) Consumption by Region (2019-2024)
4.2.2 Global Titanium Metal (Titanium Alloy) Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Titanium Metal (Titanium Alloy) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Titanium Metal (Titanium Alloy) Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Titanium Metal (Titanium Alloy) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Titanium Metal (Titanium Alloy) Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Titanium Metal (Titanium Alloy) Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Titanium Metal (Titanium Alloy) Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Titanium Metal (Titanium Alloy) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Titanium Metal (Titanium Alloy) Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Titanium Metal (Titanium Alloy) Production by Type (2019-2030)
5.1.1 Global Titanium Metal (Titanium Alloy) Production by Type (2019-2024)
5.1.2 Global Titanium Metal (Titanium Alloy) Production by Type (2025-2030)
5.1.3 Global Titanium Metal (Titanium Alloy) Production Market Share by Type (2019-2030)
5.2 Global Titanium Metal (Titanium Alloy) Production Value by Type (2019-2030)
5.2.1 Global Titanium Metal (Titanium Alloy) Production Value by Type (2019-2024)
5.2.2 Global Titanium Metal (Titanium Alloy) Production Value by Type (2025-2030)
5.2.3 Global Titanium Metal (Titanium Alloy) Production Value Market Share by Type (2019-2030)
5.3 Global Titanium Metal (Titanium Alloy) Price by Type (2019-2030)
6 Segment by Application
6.1 Global Titanium Metal (Titanium Alloy) Production by Application (2019-2030)
6.1.1 Global Titanium Metal (Titanium Alloy) Production by Application (2019-2024)
6.1.2 Global Titanium Metal (Titanium Alloy) Production by Application (2025-2030)
6.1.3 Global Titanium Metal (Titanium Alloy) Production Market Share by Application (2019-2030)
6.2 Global Titanium Metal (Titanium Alloy) Production Value by Application (2019-2030)
6.2.1 Global Titanium Metal (Titanium Alloy) Production Value by Application (2019-2024)
6.2.2 Global Titanium Metal (Titanium Alloy) Production Value by Application (2025-2030)
6.2.3 Global Titanium Metal (Titanium Alloy) Production Value Market Share by Application (2019-2030)
6.3 Global Titanium Metal (Titanium Alloy) Price by Application (2019-2030)
7 Key Companies Profiled
7.1 TIMET
7.1.1 TIMET Titanium Metal (Titanium Alloy) Corporation Information
7.1.2 TIMET Titanium Metal (Titanium Alloy) Product Portfolio
7.1.3 TIMET Titanium Metal (Titanium Alloy) Production, Value, Price and Gross Margin (2019-2024)
7.1.4 TIMET Main Business and Markets Served
7.1.5 TIMET Recent Developments/Updates
7.2 ATI
7.2.1 ATI Titanium Metal (Titanium Alloy) Corporation Information
7.2.2 ATI Titanium Metal (Titanium Alloy) Product Portfolio
7.2.3 ATI Titanium Metal (Titanium Alloy) Production, Value, Price and Gross Margin (2019-2024)
7.2.4 ATI Main Business and Markets Served
7.2.5 ATI Recent Developments/Updates
7.3 VSMPO-AVISMA
7.3.1 VSMPO-AVISMA Titanium Metal (Titanium Alloy) Corporation Information
7.3.2 VSMPO-AVISMA Titanium Metal (Titanium Alloy) Product Portfolio
7.3.3 VSMPO-AVISMA Titanium Metal (Titanium Alloy) Production, Value, Price and Gross Margin (2019-2024)
7.3.4 VSMPO-AVISMA Main Business and Markets Served
7.3.5 VSMPO-AVISMA Recent Developments/Updates
7.4 Western Superconducting
7.4.1 Western Superconducting Titanium Metal (Titanium Alloy) Corporation Information
7.4.2 Western Superconducting Titanium Metal (Titanium Alloy) Product Portfolio
7.4.3 Western Superconducting Titanium Metal (Titanium Alloy) Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Western Superconducting Main Business and Markets Served
7.4.5 Western Superconducting Recent Developments/Updates
7.5 BAOTAI
7.5.1 BAOTAI Titanium Metal (Titanium Alloy) Corporation Information
7.5.2 BAOTAI Titanium Metal (Titanium Alloy) Product Portfolio
7.5.3 BAOTAI Titanium Metal (Titanium Alloy) Production, Value, Price and Gross Margin (2019-2024)
7.5.4 BAOTAI Main Business and Markets Served
7.5.5 BAOTAI Recent Developments/Updates
7.6 Western Metal Materials
7.6.1 Western Metal Materials Titanium Metal (Titanium Alloy) Corporation Information
7.6.2 Western Metal Materials Titanium Metal (Titanium Alloy) Product Portfolio
7.6.3 Western Metal Materials Titanium Metal (Titanium Alloy) Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Western Metal Materials Main Business and Markets Served
7.6.5 Western Metal Materials Recent Developments/Updates
7.7 Carpenter
7.7.1 Carpenter Titanium Metal (Titanium Alloy) Corporation Information
7.7.2 Carpenter Titanium Metal (Titanium Alloy) Product Portfolio
7.7.3 Carpenter Titanium Metal (Titanium Alloy) Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Carpenter Main Business and Markets Served
7.7.5 Carpenter Recent Developments/Updates
7.8 Arconic
7.8.1 Arconic Titanium Metal (Titanium Alloy) Corporation Information
7.8.2 Arconic Titanium Metal (Titanium Alloy) Product Portfolio
7.8.3 Arconic Titanium Metal (Titanium Alloy) Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Arconic Main Business and Markets Served
7.7.5 Arconic Recent Developments/Updates
7.9 OSAKA Titanium
7.9.1 OSAKA Titanium Titanium Metal (Titanium Alloy) Corporation Information
7.9.2 OSAKA Titanium Titanium Metal (Titanium Alloy) Product Portfolio
7.9.3 OSAKA Titanium Titanium Metal (Titanium Alloy) Production, Value, Price and Gross Margin (2019-2024)
7.9.4 OSAKA Titanium Main Business and Markets Served
7.9.5 OSAKA Titanium Recent Developments/Updates
7.10 Toho Titanium
7.10.1 Toho Titanium Titanium Metal (Titanium Alloy) Corporation Information
7.10.2 Toho Titanium Titanium Metal (Titanium Alloy) Product Portfolio
7.10.3 Toho Titanium Titanium Metal (Titanium Alloy) Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Toho Titanium Main Business and Markets Served
7.10.5 Toho Titanium Recent Developments/Updates
7.11 Advanced Metallurgical Group
7.11.1 Advanced Metallurgical Group Titanium Metal (Titanium Alloy) Corporation Information
7.11.2 Advanced Metallurgical Group Titanium Metal (Titanium Alloy) Product Portfolio
7.11.3 Advanced Metallurgical Group Titanium Metal (Titanium Alloy) Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Advanced Metallurgical Group Main Business and Markets Served
7.11.5 Advanced Metallurgical Group Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Titanium Metal (Titanium Alloy) Industry Chain Analysis
8.2 Titanium Metal (Titanium Alloy) Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Titanium Metal (Titanium Alloy) Production Mode & Process
8.4 Titanium Metal (Titanium Alloy) Sales and Marketing
8.4.1 Titanium Metal (Titanium Alloy) Sales Channels
8.4.2 Titanium Metal (Titanium Alloy) Distributors
8.5 Titanium Metal (Titanium Alloy) Customers
9 Titanium Metal (Titanium Alloy) Market Dynamics
9.1 Titanium Metal (Titanium Alloy) Industry Trends
9.2 Titanium Metal (Titanium Alloy) Market Drivers
9.3 Titanium Metal (Titanium Alloy) Market Challenges
9.4 Titanium Metal (Titanium Alloy) Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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