Press release
Global Titanium Powder Market will reach 3300 million US$ by 2025
Titanium powder is the result of processing this metal in a variety of ways to produce a fine metal powder. A silvery metal, titanium is highly valued for its great strength and unmatched corrosion resistance. Titanium powder has a variety of specifications with purity range from 95% to 99.98%. It is widely used in aerospace industry, automobile industry, petrochemical industry etc.
Titanium powder industry has high technology barrier and is technology intensive industry. Currently, there are several producing companies in the world titanium powder industry. The main market players are ATI, Cristal, OSAKA Titanium, Fengxiang Titanium Material & Powder and ADMA Products. ATI is the largest manufacturer of titanium powder with production of 3023.2 MT in 2017.
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In consumption market, the sales of titanium powder will increase to 14797.2 MT in 2018 from 12305.3 MT in 2013 with average growth rate of 3.76%. North America and Asia-Pacific are the main consumption regions. In 2017, these two regions occupied 78.99% of the global consumption volume.
Titanium powder mainly has three types, which include high purity titanium powder (CPTP) and alloyed titanium powder (ATP). And each type has application industries relatively. With growth of powder metallurgy, the downstream application industries will need more titanium powder. So, titanium powder has a huge market potential in the future.
The major raw materials for titanium powder are titanium sponge, H2, titanium tetrachloride (TiCl4) and other auxiliary chemicals. Fluctuations in the price of the upstream product will impact on the production cost of titanium powder. The production cost of titanium powder is also an important factor which could impact the price of titanium powder.
We tend to believe this industry is a rising industry, and the consumption increasing degree will show a smooth growth curve. And the price presents fluctuation according to the economy development status and international competition. Also, there is fluctuation in gross margin.
The global Titanium Powder market is valued at 3270 million US$ in 2017 and will reach 3300 million US$ by the end of 2025, growing at a CAGR of 0.1% during 2018-2025.
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The major manufacturers covered in this report
ATI
Cristal
OSAKA Titanium
Fengxiang Titanium Material & Powder
ADMA Products
Reading Alloys
MTCO
TLS Technik
Global Titanium
GfE
AP&C
Puris
Toho Titanium
Metalysis
Praxair S.T. Tech
Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
North America
Europe
China
Japan
Southeast Asia
India
Other Regions (India, Southeast Asia, Central & South America and Middle East & Africa)
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
High Purity Titanium Powder (CPTP)
Alloyed Titanium Powder (ATP)
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
Aerospace Industry
Automobile Industry
Petrochemical Industry
Other
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QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert’s resources (included energy automotive chemical medical ICT consumer goods etc.
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