Press release
Titanium Market | Key players operating in the market include ATI Metals, Chemours Company, Venator Materials Plc., Lomon Billions Group, Kronos Worldwide Inc.
Titanium Market, titanium
Browse 261 market data Tables and 60 Figures spread through 200 Pages and in-depth TOC on "Titanium Market"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/titanium-market-53889164.html
Titanium Dioxide a major share of the Titanium market in terms of value.
The titanium dioxide find wide uses in various end-use industries. Some of the major industries include the paints & coatings, plastics & rubber, paper, and others. The increasing demand from these industries is expected to drive the titanium dioxide market during the forecasted period.
The COVID-19 pandemic resulted in a decline in industrial activities in the first half of 2020 across the globe. It resulted in reduced demand for titanium dioxide from various end-use industries.
The paints & coatings end-use industry accounts for the largest market share in the global titanium dioxide market during the forecasted period in terms of value and volume
Paints & coatings is the largest ens-use industry of titanium dioxide used for variety of applications. Titanium dioxide is utilized in paints and coatings for better coverage, brightness, whiteness, opacity, and durability. It finds applications in architectural coatings, automotive OEM coatings, general industrial finishes, powder coatings, waterborne paints, protective coatings, wood finishes, and other coatings. The rapidly growing housing & construction sector, increasing gross domestic product (GDP), ongoing rapid urbanization, and increasing disposable income propel the paints & coatings market. In addition, technological advancements in the automotive, wood, and other industrial sectors support market growth.
The COVID-19 pandemic has resulted in reduced demand for titanium dioxide from major end-use industries such as paints & coatings, plastics & rubber, paper, and others. These factors are have reduced the demand for titanium dioxide in 2020. The titanium dioxide consumption is expected to recover post the pandemic.
For more Details Speak to Our Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=53889164
The aerospace & defense end-use industry accounted for the largest market share in the global titanium metal market during the forecast period in terms of value and volume.
The aerospace & defense end-use industry accounted for the largest market share by end-use industry in titanium metal market. Titanium metal is majorly used in the production of turbine engines apart from airframes and other components. In turbine engines, titanium is used to manufacture components such as inlet cases, compressor blades, disks, and hubs, as well as spacers and seals. By weight, these turbine engines constitute about 25% of titanium and its alloys. Apart from engine components, titanium is also utilized to manufacture fasteners, landing-gear supports, springs, fail-safe straps, and numerous internal bulkhead and wing-support components in the aerospace industry.
The demand for titanium metal from various industries is have declined in 2020 due to halts in the first half of 2020. Also, major manufacturers temporarily closed their plants during the lockdown. The demand is expected to recover after the COVID-19 pandemic is under control.
APAC is expected to account for the largest market share in the titanium market during the forecast period.
Europe accounts for the biggest share of the global titanium market. Europe is the second major consumer of titanium dioxide and titanium metal.
However, the COVID-19 outbreak has affected the demand for titanium in the region. On the positive side, support packages offered by governments of various countries will help to maintain the liquidity in titanium market. Such initiatives coupled with recovery in the application areas will increase the demand for titanium in APAC and European region.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=53889164
The key players in the titanium market are VSMPO-AVISMA (Russia), ATI Metals (US), Titanium Metal Corporation (US), Chemours Company (US), Venator Materials, Plc. (UK), are some of the key players in the titanium market. Tronox Holdings, Plc (US), Lomon Billions Group (China), and Kronos Worldwide Inc. (US) are among others. These companies are involved in adopting various inorganic and organic strategies to increase their foothold in the titanium market. These players have taken different organic and inorganic developmental strategies over the past five years.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
Email: newsletter@marketsandmarkets.com
Press Release: https://www.marketsandmarkets.com/PressReleases/titanium.asp
Research Insights: https://www.marketsandmarkets.com/ResearchInsight/titanium-market.asp
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Titanium Market | Key players operating in the market include ATI Metals, Chemours Company, Venator Materials Plc., Lomon Billions Group, Kronos Worldwide Inc. here
News-ID: 2574835 • Views: …
More Releases from MarketsandMarkets
Feminine Hygiene Products Market worth $32.2 billion by 2028 | Key players Drylo …
According to recent market research the "Feminine Hygiene Products Market by Nature (Disposable, Reusable), Type (Sanitary Napkins, Tampons, Menstrual Cups), Region (Asia Pacific, North America, Europe, Middle East and Africa, South America) - Global Forecast to 2028", size is projected to grow from USD 24.6 billion in 2023 to USD 32.2 billion by 2028, at a CAGR of 5.5% from 2023 to 2028. Feminine hygiene products are designed to help…
Medical Packaging Films Market worth $10.4 billion by 2028 | Key players Amcor P …
According to recent market research the "Medical Packaging Films Market by Material (Polyethylene, Polypropylene, Polyvinyl Chloride, Polyamide), Type (Thermoformable Film, High Barrier Film, Metallized Film), Application (Bags, Tubes), and Region - Global Forecast to 2028", size is estimated to be USD 7.8 billion in 2023, and it is projected to reach USD 10.4 billion by 2028 at a CAGR of 6.0%. Rising population, improving living standards, increasing industrialization, rising awareness…
Ethyleneamines Market worth $2.9 billion by 2028 | Key players Tosoh Corporation …
According to recent market research the "Ethyleneamines Market by Type (Ethylenediamine, Diethylenetriamine, Triethylenetetramine), Application, End Use (Resin, Paper, Automotive, Adhesive, Water Treatment, Agriculture, Pharmaceutical), and Region - Global Forecasts to 2028", size is projected to grow from USD 2.3 billion in 2023 to USD 2.9 billion by 2028, at a CAGR of 4.7%. The ethyleneamines market is witnessing robust growth, driven by a diverse array of end-use industries. This strategic…
Aircraft Seals Market Set to Grow at the Fastest Rate- Time to Grow your Revenue
The Aircraft seals market size is projected to grow from USD 3.1 Billion in 2023 to USD 3.8 Billion by 2028, at a CAGR of 4.1% from 2023 to 2028. Some of the factors fueling the market's growth include the increasing use for commercial and military aircraft fleets demand around the world. The increasing need for low-cost, efficient aircraft and technological advancements provide lucrative opportunities for Aircraft Seals providers during…
More Releases for Titanium
Global Titanium Chloride Market, Global Titanium Chloride Industry, Titanium Chl …
Titanium chloride is also known as titanium tetrachloride, titanium dichloride or titanium trichloride. Titanium chloride is an inorganic compound which is colorless and has an incisive odor. It is a human-made mineral and does not exist naturally in the environment that contains high levels of titanium. It is most significantly used in the chemical industry as an intermediate in the production of titanium metal and titanium dioxide. Due to its…
Global Titanium Sponge for Aerospace & Defense Market 2020 By Segment Forecasts …
The Global Titanium Sponge for Aerospace & Defense Market report by IndustryGrowthInsights.com provides a detailed analysis of the area marketplace expanding; competitive landscape; global, regional, and country-level market size; impact market players; market growth analysis; market share; opportunities analysis; product launches; recent developments; sales analysis; segmentation growth; technological innovations; and value chain optimization. This is a latest report, covering the current COVID-19 impact on the market. The pandemic of Coronavirus…
Titanium Sponge for Aerospace & Defense Market Top Key Players: Zunyi Titanium, …
Global titanium sponge for aerospace & defense market is estimated to exhibit around 4.3% CAGR from 2018 to 2024. Requirement of materials with low weight, high tensile strength, and very high resistance to corrosion for better performance and durability of the airplanes will propel the industry growth. Enhancing the fuel efficiency and aircraft weight reduction is among the key factor for growth of titanium sponge for aerospace & defense market.…
Global Titanium Alloys Market Analysis By Key Players – ATI Metals, Daido Stee …
Qyresearchreports include new market research report “Global Titanium Alloys Market Professional Survey Report 2018” to its huge collection of research reports.
The global market for Titanium Alloys has been witnessing a continued alteration in the pattern of the demand for Titanium Alloys. This research report tries to understand the changes that frequently occur in the behavior of consumers and their impact on the market across the world. The research report delivers…
Titanium Metal Market by Type, Application, Element, Product on Toho Titanium, F …
MarketStudyReport.com Add New Global Titanium Metal Market Size, Status and Forecast 2025 to its research database. The report presents a deep study of the market growth factors and drivers. The facts and data are represented in Titanium Metal report using diagrams, graphs, pie charts, and other pictorial representations. This enhances the visual representation and helps in understanding the facts much better.
The prime objective of Titanium Metal Market report is to…
Global 3D Printing Titanium Market 2018 -Cristal, OSAKA Titanium, Fengxiang Tita …
The statistical surveying information incorporated into the 3D Printing Titanium report is the aftereffect of significant essential and optional research exercises. The report fragments the worldwide market for 3D Printing Titanium based on makers, item compose, applications, and Region. In this report, each fragment is contemplated completely and measurements are introduced in detail. The report offers an exact outline of the worldwide 3D Printing Titanium advertise covering key factors, for…
