Press release
Global Titanium Metal (Titanium Alloy) market growing at a CAGR of 3.5% during 2018-2025
This report studies the global Titanium Metal (Titanium Alloy) market status and forecast, categorizes the global Titanium Metal (Titanium Alloy) market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China and other regions (India, Southeast Asia, Central & South America, and Middle East & Africa).
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.
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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.
The global Titanium Metal (Titanium Alloy) market is valued at 4470 million US$ in 2017 and will reach 5890 million US$ by the end of 2025, growing at a CAGR of 3.5% during 2018-2025.
The major manufacturers covered in this report
PCC
VSMPO-AVISMA
ATI
Carpenter
Alcoa
BAOTAI
Western Superconducting
Western Metal
TG
Advanced Metallurgical
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
Complete table of content is available at: https://www.qyresearchreports.com/report/global-titanium-metal-titanium-alloy-market-research-report-2018.htm
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Plate
Bar
Tube
Others
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
Aero & Aviation
Industrial
Medical
Others
The study objectives of this report are:
To analyze and study the global Titanium Metal (Titanium Alloy) capacity, production, value, consumption, status (2013-2017) and forecast (2018-2025);
Focuses on the key Titanium Metal (Titanium Alloy) manufacturers, to study the capacity, production, value, market share and development plans in future.
Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
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