Press release
Global Titanium Mill Products Market Become Dominant At CAGR Of 4.08% By 2021
Titanium has been conventionally used as an extremely strong, lightweight, and exceedingly corrosion-resistant material in aircraft, seawater desalination plants, heat exchangers, and electric power. The use of titanium is increasing in applications such as sporting goods, information technology (IT) equipment, and consumer products by making use of its visual surface appearance and luxurious feel. Europe is anticipated to see the highest growth over the forecast period due to development in the commercial and regional aircraft markets. The titanium market in the jet engine segment should remain strong over the next five to seven years.
Technavios analysts forecast the global titanium mill products market to grow at a CAGR of 4.08% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global titanium mill products market for 2017-2021. To calculate the market size, the report covers the present scenario and the growth prospects of the market for the period 2016-2021.
The market is divided into the following segments based on geography:
APAC
Europe
North America
ROW
Technavio's report, Global Titanium Mill Products Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Alcoa
Allegheny Technologies (ATI)
Baoji Titanium Industry
Honeywell International
VSMPO-AVISMA
Other prominent vendors
Hangzhou King Titanium
KOBE STEEL
Jiangsu Well Titanium
Shenyang Xinghe Titanium Products Co., Ltd.
Luoyang Sunrui Wanji Titanium
CDM Group (Shanghai CDM Titanium Industry)
Shaanxi Jin Han Precious Metals
Market driver
Increased usage in power, healthcare, and chemical sector.
For a full, detailed list, view our report
Market challenge
Barriers to adopting new technologies.
For a full, detailed list, view our report
Market trend
Increased usage of carbon fiber composites.
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
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Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
Key market highlights
PART 05: Market landscape
Market size and forecast
Five forces analysis
PART 06: Market segmentation by product
Global titanium mill products market by product type
Global titanium mill products market in sheets and plates
Global titanium mill products market in billets and bars
Global titanium mill products market in others
PART 07: Market segmentation by end user
Global titanium mill products market by end users
Global titanium mill products market in industrial/consumer segment
Global titanium mill products market in commercial aerospace segment
Global titanium mill products market in defense segment
PART 08: Geographical segmentation
Global titanium mill products market by geography
Titanium mill products market in North America
Titanium mill products market in APAC
Titanium mill products market in Europe
Titanium mill products market in ROW
PART 09: Decision framework
PART 10: Drivers and challenges
Market drivers
Impact of drivers on key customer segments
Market challenges
Impact of challenges on key customer segment
PART 11: Market trends
Increased usage of carbon fiber composites
Demand supply outages
PART 12: Vendor landscape
Competitive scenario
Other prominent vendors
PART 13: Key vendor analysis
Alcoa
ATI
BAOJI TITANIUM INDUSTRY
Honeywell International
VSMPO-AVISMA
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