Press release
Titanium Market to reach USD 39 Bn by 2029, Technological Advancements and Growth Opportunities
Titanium Market
Titanium Market Report Scope and Research Methodology
The report provides an overview of titanium, a chemical element with the symbol Ti and atomic number 22, which is found in nature only as an oxide, but can be reduced to produce a lustrous transition metal with a silver color, low density, and high strength, resistant to corrosion in sea water, aqua regia, and chlorine.
Titanium is known for being a very durable metal for engineering applications because of its corrosion-resistant and strong yet light properties. It is 40% lighter than steel but as strong as high-strength steel, making it ideal for aerospace applications. Titanium is also used in jewellery, prosthetics, tennis rackets, scissors, bicycle frames, surgical tools, mobile phones, and other high-performance products.
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Titanium Market Dynamics
The global demand for environmentally friendly products and rising demand for titanium have driven the market, with many businesses, especially in the aircraft industry, finding titanium to be a valuable component. Aerospace and aviation industries use titanium the most, with its strength to weight ratio, excellent thermal qualities, and use in the production of high-speed aircraft, spacecraft, ships, and electrodes accelerating market expansion.
The report also shows how metals like titanium are used in numerous industrial operations, with titanium dioxide frequently used in the paints and coatings industry because of its high brightness, superior coverage, whiteness, opacity, and durability. In the upcoming years, it is projected that the region's expanding support for the production and purchase of electric vehicles would present profitable opportunities for the use of titanium dioxide in automotive paints & coatings and plastics.
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Titanium Market Regional Insights
The report explores the segments of the titanium market, including connectivity and content, and region, with data provided by market participants in North America, Asia Pacific, Europe, Middle East & Africa, and South America. The report investigates the drivers, limitations, prospects, and barriers of the market and includes investor recommendations based on a thorough examination of the contemporary competitive scenario.
Titanium Market Segmentation
By Type:
• Titanium Concentrate
• Titanium tetrachloride
• Titanium Sponge
• Ferrotitanium
• Titanium Pigment
By Application:
• Aerospace & Marine
• Industrial
• Medical
• Energy
• Pigments
• Additives & Coatings
• Papers & Plastics
• Others
By Form:
• Bar
• Sheet
• Pipe
• Plate
• Threaded Rod & Wire
• Tubing, Elbows
• Flanges
• Stub Ends
• Screwed Fittings
• Pipe Plugs
• others.
By Grade:
• Ti 6Al-4V (Grade 5)
• Ti 6AL-4V ELI (Grade 23)
• Ti 3Al 2.5 (Grade 12)
• Ti 5Al-2.5Sn (Grade 6)
• others
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Titanium Market Key Competitors include:
• Huntsman International LLC
• INEOS
• Iluka Resources Limited
• Sumitomo Corporation
• VSMPO-AVISMA Corporation
• TOHO TITANIUM
• ATI
• Precision Castparts Corp
• TITANIUM INDUSTRIES INC
• Norsk Titanium
• VVTi Pigments
• CRISTAL
• Kenmare Resources
• Global Titanium
• Bansal Brothers
• Titanium Technologies
• Tronox Holdings plc
• Mukesh Steel
• KOBE STEEL
• Kilburn Chemicals
• Hangzhou King Titanium
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Table of Content for Titanium Market
Global Titanium Market: Research Methodology
Global Titanium Market: Executive Summary
Market Overview and Definitions
Introduction to Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Titanium Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Titanium Market Segmentation
Global Market, by Type (2021-2029)
Global Market, by Application (2021-2029)
Global Market, by Form (2021-2029)
Global Market, by Grade (2021-2029)
Regional Titanium Market (2021-2029)
Regional Market, by Type (2021-2029)
Regional Market, by Application (2021-2029)
Regional Market, by Form (2021-2029)
Regional Market, by Grade (2021-2029)
Regional Market, by Country (2021-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
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Key Types:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Type, Application, Form and Grade
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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