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Titanium Metal Powder Market Revenue, Insights, Overview, Outlook, Analysis | Valuates Reports
Titanium Metal Powder MarketThe global Titanium Metal Powder market was valued at US$ 350.8 million in 2022 and is anticipated to reach US$ 519.5 million by 2029, witnessing a CAGR of 5.7% during the forecast period 2023-2029.
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Titanium Metal Powder Market Share
Titanium metal 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.
The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global key players of Titanium Metal Powder include ATI, Cristal, etc. Global top 3 companies hold a share over 40%. Americas is the largest market, with a share about 50%, followed by Asia Pacific and Europe with the share about 30% and 20%. In terms of product, High Purity Titanium Metal Powder (HPTP) is the largest segment, with a share about 60%. And in terms of application, the largest application is Aerospace Industry, with a share about 50%
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By Type
• High Purity Titanium Metal Powder (HPTP)
• Alloyed Titanium Metal Powder (ATP)
By Application
• Aerospace Industry
• Automobile Industry
• Petrochemical Industry
Key Players
ATI, Cristal, OSAKA Titanium, Fengxiang Titanium, ADMA Products, Reading Alloys, MTCO, TLS Technik, Global Titanium, GfE, AP&C, Puris, Toho Titanium, Metalysis, Praxair S.T. Tech
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