Titanium Scrap has a variety of properties when it comes to useful characteristics. With the vast amount of titanium used, there is also a vast amount of titanium scrap and titanium alloy scrap to recycle from these different forms. Titanium scrap and titanium alloy scrap has proved to be highly useful with their properties of superior corrosion resistance (saltwater propeller shafts), hard but lightweight makeup and high melting temperature.
Titanium Scrap could be used in wide range of areas, such as Aerospace, Biomedical, Chemical Industry and Automobile, etc. In 2019, the most widely used area was Aerospace, with a market share of over 49%.
North America, as the largest consumption region of global Titanium Scrap market, accounted for a market share of about 39% in 2019, followed by Asia-Pacific and Europe, with approximately 27% and 26%, respectively.

Market Analysis and Insights: Global and China Titanium Scrap Market
This report focuses on global and China Titanium Scrap market.
In 2020, the global Titanium Scrap market size was US$ 583.9 million and it is expected to reach US$ 861.1 million by the end of 2027, with a CAGR of 5.7% during 2021-2027. In China the Titanium Scrap market size is expected to grow from US$ XX million in 2020 to US$ XX million by 2027, at a CAGR of XX% during the forecast period.

Global Titanium Scrap Scope and Market Size
Titanium Scrap market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Titanium Scrap market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2016-2027.
For China market, this report focuses on the Titanium Scrap market size by players, by Type, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in China.

Segment by Type
Mixed Titanium Solids
Titanium Turnings
Titanium Sworf
RUTILE Scraps
Titanium Sponge / Residues
Others

Segment by Application
Aerospace
Biomedical
Chemical Industry
Automobile
Others

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
UAE

By Company
TIMET
Global Titanium Inc.
Metraco NV
Monico Alloys
Phoolchand Bhagatsingh
Mega Metals
United Alloys and Metals
Globe Metal
Grandis Titanium
Goldman Titanium
Wolfram Metal Recyclers