Pre-order Enquiry
Request Free Sample
Global Titanium Metal (Titanium Alloy) Market Growth 2019-2024
SKU ID : LPI-13801954 | Publishing Date : 31-Jan-2019 | No. of pages : 135
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.
In the last several years, global market of Titanium Alloy developed rapidly, with an average growth rate of 4.5%. In 2016, global revenue of Titanium Alloy is nearly 4300 M USD; the actual production is about 207691 MT.
The global average price of Titanium Alloy is in the decreasing trend, from 22.7 K USD/MT in 2012 to 21 K USD/MT in 2016. With the situation of global economy, prices will be in decreasing trend in the following five years.
The classification of Titanium Alloy includes Plate, Bar, Tube, Others, and the proportion of Classical Plate in 2016 is about 42%, and the proportion is in decreasing trend from 2012 to 2016.
According to this study, over the next five years the Titanium Metal (Titanium Alloy) market will register a 3.6% CAGR in terms of revenue, the global market size will reach US$ 5530 million by 2024, from US$ 4470 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Titanium Metal (Titanium Alloy) business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Titanium Metal (Titanium Alloy) market by product type, application, key manufacturers and key regions and countries.
This study considers the Titanium Metal (Titanium Alloy) value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Plate
Bar
Tube
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Aero & Aviation
Industrial
Medical
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
PCC
VSMPO-AVISMA
ATI
Carpenter
Alcoa
BAOTAI
Western Superconducting
Western Metal
TG
Advanced Metallurgical
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Titanium Metal (Titanium Alloy) consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Titanium Metal (Titanium Alloy) market by identifying its various subsegments.
Focuses on the key global Titanium Metal (Titanium Alloy) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Titanium Metal (Titanium Alloy) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Titanium Metal (Titanium Alloy) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In the last several years, global market of Titanium Alloy developed rapidly, with an average growth rate of 4.5%. In 2016, global revenue of Titanium Alloy is nearly 4300 M USD; the actual production is about 207691 MT.
The global average price of Titanium Alloy is in the decreasing trend, from 22.7 K USD/MT in 2012 to 21 K USD/MT in 2016. With the situation of global economy, prices will be in decreasing trend in the following five years.
The classification of Titanium Alloy includes Plate, Bar, Tube, Others, and the proportion of Classical Plate in 2016 is about 42%, and the proportion is in decreasing trend from 2012 to 2016.
According to this study, over the next five years the Titanium Metal (Titanium Alloy) market will register a 3.6% CAGR in terms of revenue, the global market size will reach US$ 5530 million by 2024, from US$ 4470 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Titanium Metal (Titanium Alloy) business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Titanium Metal (Titanium Alloy) market by product type, application, key manufacturers and key regions and countries.
This study considers the Titanium Metal (Titanium Alloy) value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Plate
Bar
Tube
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Aero & Aviation
Industrial
Medical
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
PCC
VSMPO-AVISMA
ATI
Carpenter
Alcoa
BAOTAI
Western Superconducting
Western Metal
TG
Advanced Metallurgical
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Titanium Metal (Titanium Alloy) consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Titanium Metal (Titanium Alloy) market by identifying its various subsegments.
Focuses on the key global Titanium Metal (Titanium Alloy) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Titanium Metal (Titanium Alloy) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Titanium Metal (Titanium Alloy) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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.
Request Sample
Request Discount
