Titanium Market: By Product Type, By Application, By Grade, Ti 6AL-4V ELI, Ti 3Al 2.5, Ti 5Al-2.5Sn, Others) and Region Forecast 2019-2030
Titanium market size was valued at US$ 2,178.4 million in 2023 and is projected to reach US$ 3,363.0 million by 2030, at a CAGR of 6.4% from 2024-2030. Moreover, the U.S. titanium market is projected to grow significantly, reaching an estimated US$ 1,245.0 million by 2032.
Titanium is one of the chemical elements commonly applied in many industries, which include aerospace, medical, automotive, and consumer goods, among others. Due to its unique properties that separate it from other materials, titanium has been experiencing an unprecedented growth rate in the market because of the aerospace and automotive sectors' constant and ever-increasing demand for lightweight and high-strength materials. Another reason is the demand for biocompatibility in medical implants and prosthetics. Moreover, an increasing use of titanium in renewable energy applications like wind and solar power further augments the positive view of the market.
The Titanium market share is inclusive of several companies such as Huntsman International LLC., INEOS, Iluka Resources Limited, Sumitomo Corporation, VSMPO-AVISMA Corporation, TOHO TITANIUM CO., LTD., ATI, Precision Castparts Corp, TITANIUM INDUSTRIES INC., Norsk Titanium US Inc., VVTi Pigment, Kenmare Resources plc., Titanium Technologies, Tronox Holdings plc, KOBE STEEL, LTD
In market, top key players like Huntsman International LLC is among the top players in titanium. Huntsman is producing and supplying titanium-based products like titanium fluoride phosphate. With its technical competencies in chemical manufacturing coupled with strategic partnerships, it helps Huntsman meet surging demand for titanium by aerospace, automotive, and medical sectors. Innovation and commitment to quality will always make the company competitive within the global market.
2021: Huntsman said it plans to eliminate around 100,000 t of European TiO2 capacity in an effort to save around $35m a year.
Year 2023: Huntsman increased titanium dioxide production capacity due to rising demand in paint and coatings.
By Product Type: It is mainly dominated by the titanium pigment, and leading business area is titanium dioxide. High volume usage of this type is noted in industries such as paint and coating, plastic, paper, and cosmetics. Thereby, this pigment receives wide acceptance in the relevant areas due to its greater refractive index, allowing an outstanding opacity and brightness level for the end product.
By Application: Aerospace & marine accounts for the largest volume use of titanium. Since the high strength-to-weight ratio, excellent corrosion, and heat resistance make this an ideal material for all the aerospace and marine fields of use, the overall utilization in these industries accounts for an extensive use of this light but strong metal alloy.
By Grade: Ti 6Al-4V Grade 5 is the most prominent with a composition containing titanium. The alloy can sometimes be described as a "workhorse" because of excellent strength and good corrosion and workability by various names in its classification due to properties such as that stated in the last category.
Study Period
2024-2030Base Year
2023CAGR
6.4%Largest Market
Asia PacificFastest Growing Market
Asia Pacific
Several major factors support the titanium market, including increasing aerospace industry demand for lightweight but strong materials and an increasing application of titanium in medical implants because it is biocompatible. Automotive manufacturers are increasingly using titanium to reduce vehicle weight and boost fuel efficiency. The chemical industry continues to expand and develop new applications for titanium alloys that further support market growth.
Restraining factors in the market include high production costs due to the complicated and energy-intensive extraction and processing of titanium ore. In addition to these, the unavailability of titanium ore in plentiful amounts and the negative environment of mining activities pose enormous challenges. The material cost can limit the industries from adopting this metal over cheaper alternatives despite being better in properties.
A host of market opportunities emerge within the context of the market, the most significant ones being the steadily increasing demand for lightweight materials with high strength from aerospace industries and the rising interest in the application of medical implants using titanium because it is biocompatible. The automotive industry expansion is also found to increase due to the emergence of new applications of titanium alloy in various sectors such as chemical processing and power generation.
The production cost in the market is significantly very high because the titanium ore is extracted and processed into its various forms using difficult and energy-intensive processes. Few applications of titanium are only available because it is prone to environmental regulations and concerns over the pigment form of titanium dioxide being carcinogenic. Shortage of this supply of titanium ore coupled with problems in its chain supply also contributes to considerable hurdles to the growth of the market.
The Asia-Pacific region dominated the titanium market primarily due to the massive production and consumption of titanium by China. They have experienced rapid industrialization, urbanization, and economic growth, thereby fueling demand from the aerospace, automotive, and medical industries. The Asia-Pacific region coincidentally is the fastest-growing of the market as consumption has increased in China, Japan, South Korea, and India. All the countries experience heavy usage of titanium owing to infrastructural development, automotive production, and newer applications in healthcare and consumer goods.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024-2030 |
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Market Size in 2023 |
US$ 2,178.4 million |
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Market Size in 2030 |
US$ 3,363.0 million |
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Market CAGR |
6.4% |
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By Product Type |
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By Application |
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By Grade |
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By Region |
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The market for titanium is fairly robust due to its very attractive properties: a strength-to-weight ratio that's extremely high, resistant to corrosion, and being biocompatible. Another major use of titanium stems from aerospace and defense areas, in which the presence of titanium makes it possible to obtain lightweight but ruggedly constructed parts. The auto industry has also been embracing titanium significantly for the realization of the benefits of improved fuel efficiency in reducing weight. Similarly, the increase in medical needs for using biocompatible materials in implants and prosthetic parts is becoming more frequent. However, the titanium market is challenged by high production costs and environmental issues associated with mining and processing. On the other hand, significant opportunities for growth exist in research and development of increased manufacturing efficiencies and expanded applications in emerging industries such as renewable energy and consumer electronics.
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Titanium market size was valued US$ 2,178.4 million in 2023 set to reach at US$ 3,363.0 million by 2030, growing at a robust CAGR of 6.4% from 2024 to 2030.
The Asia-Pacific region dominated the titanium market primarily due to the massive production and consumption of titanium by China.
It is mainly dominated by the Titanium Pigment, and leading business area is titanium dioxide
The Titanium market share is inclusive of several companies such as Huntsman International LLC., INEOS, Iluka Resources Limited, Sumitomo Corporation, VSMPO-AVISMA Corporation, TOHO TITANIUM CO., LTD., ATI, Precision Castparts Corp, TITANIUM INDUSTRIES INC., Norsk Titanium US Inc., VVTi Pigment, Kenmare Resources plc., Titanium Technologies, Tronox Holdings plc, KOBE STEEL, LTD
| 1. Executive Summary |
| 2. Global Titanium Market Introduction |
| 2.1. Global Titanium Market Taxonomy |
| 2.2. Global Titanium Market Definitions |
| 2.2.1. By Product Type |
| 2.2.2. By Application |
| 2.2.3. By Grade |
| 2.2.4. By Region |
| 3. Global Titanium Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Global Titanium Market Dynamic Factors - Impact Analysis |
| 3.6. Global Titanium Market Competition Landscape |
| 4. Global Titanium Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, US$ Mn) |
| 4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Titanium Market, By Product Type, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, US$ Mn) |
| 5.1. Titanium Concentrate |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, US$ Mn) |
| 5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Titanium tetrachloride |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, US$ Mn) |
| 5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Titanium Sponge |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, US$ Mn) |
| 5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Ferrotitanium |
| 5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, US$ Mn) |
| 5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 5.5. Titanium Pigment |
| 5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, US$ Mn) |
| 5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.5.3. Market Opportunity Analysis |
| 5.6. Others |
| 5.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, US$ Mn) |
| 5.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.6.3. Market Opportunity Analysis |
| 6. Global Titanium Market Forecast, By Application, 2019 - 2023 and Forecast, 2022 2028 (Revenue, US$ Mn) |
| 6.1. Aerospace & Marine |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, US$ Mn) |
| 6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Industrial |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, US$ Mn) |
| 6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Medical |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, US$ Mn) |
| 6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Energy |
| 6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, US$ Mn) |
| 6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 6.5. Pigments |
| 6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, US$ Mn) |
| 6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 6.6. Additives & Coatings |
| 6.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, US$ Mn) |
| 6.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.6.3. Market Opportunity Analysis |
| 6.7. Papers & Plastics |
| 6.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, US$ Mn) |
| 6.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.7.3. Market Opportunity Analysis |
| 6.8. Others |
| 6.8.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, US$ Mn) |
| 6.8.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.8.3. Market Opportunity Analysis |
| 7. Global Titanium Market, By Grade, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, US$ Mn) |
| 7.1. Ti 6Al-4V (Grade 5) |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, US$ Mn) |
| 7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Ti 6AL-4V ELI (Grade 23) |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, US$ Mn) |
| 7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Ti 3Al 2.5 (Grade 12) |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, US$ Mn) |
| 7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Ti 5Al-2.5Sn (Grade 6) |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, US$ Mn) |
| 7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Others |
| 7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, US$ Mn) |
| 7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 8. Global Titanium Market Forecast, By Region, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, US$ Mn) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, US$ Mn) |
| 8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, US$ Mn) |
| 8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia-Pacific |
| 8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, US$ Mn) |
| 8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Latin America |
| 8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, US$ Mn) |
| 8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Middle East and Africa |
| 8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, US$ Mn) |
| 8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 8.6. Global Titanium Market - Opportunity Analysis Index, By Product Type, Application, Grade, and Region, 2024 - 2030 |
| 9. North America Titanium Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, US$ Mn) |
| 9.1. By Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030by Revenue (US$ Mn),Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1. Titanium Concentrate |
| 9.1.2. Titanium tetrachloride |
| 9.1.3. Titanium Sponge |
| 9.1.4. Ferrotitanium |
| 9.1.5. Titanium Pigment |
| 9.1.6. Others |
| 9.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (US$ Mn), Y-o-Y Growth (%) and Market Share (%) |
| 9.2.1. Aerospace & Marine |
| 9.2.2. Industrial |
| 9.2.3. Medical |
| 9.2.4. Energy |
| 9.2.5. Pigments |
| 9.2.6. Additives & Coatings |
| 9.2.7. Papers & Plastics |
| 9.2.8. Others |
| 9.3. Grade Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (US$ Mn), Y-o-Y Growth (%) and Market Share (%) |
| 9.3.1. Ti 6Al-4V (Grade 5) |
| 9.3.2. Ti 6AL-4V ELI (Grade 23) |
| 9.3.3. Ti 3Al 2.5 (Grade 12) |
| 9.3.4. Ti 5Al-2.5Sn (Grade 6) |
| 9.3.5. Others |
| 9.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030by Revenue (US$ Mn) Y-o-Y Growth (%) and Market Share (%) |
| 9.4.1. USA |
| 9.4.2. Canada |
| 9.5. North America Titanium Market - Opportunity Analysis Index, By Product Type, Application, Grade, and Country, 2024 - 2030 |
| 9.6. North America Titanium Market Dynamics Trends |
| 10. Europe Titanium Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, US$ Mn) |
| 10.1. By Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030by Revenue (US$ Mn),Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1. Titanium Concentrate |
| 10.1.2. Titanium tetrachloride |
| 10.1.3. Titanium Sponge |
| 10.1.4. Ferrotitanium |
| 10.1.5. Titanium Pigment |
| 10.1.6. Others |
| 10.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (US$ Mn), Y-o-Y Growth (%) and Market Share (%) |
| 10.2.1. Aerospace & Marine |
| 10.2.2. Industrial |
| 10.2.3. Medical |
| 10.2.4. Energy |
| 10.2.5. Pigments |
| 10.2.6. Additives & Coatings |
| 10.2.7. Papers & Plastics |
| 10.2.8. Others |
| 10.3. Grade Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (US$ Mn), Y-o-Y Growth (%) and Market Share (%) |
| 10.3.1. Ti 6Al-4V (Grade 5) |
| 10.3.2. Ti 6AL-4V ELI (Grade 23) |
| 10.3.3. Ti 3Al 2.5 (Grade 12) |
| 10.3.4. Ti 5Al-2.5Sn (Grade 6) |
| 10.3.5. Others |
| 10.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (US$ Mn) Y-o-Y Growth (%) and Market Share (%) |
| 10.4.1. Germany |
| 10.4.2. UK |
| 10.4.3. France |
| 10.4.4. Spain |
| 10.4.5. Italy |
| 10.4.6. Russia |
| 10.4.7. Poland |
| 10.4.8. Rest of Europe |
| 10.5. Europe Titanium Market - Opportunity Analysis Index, By Product Type, Application, Grade, and Country, 2024 - 2030 |
| 10.6. Europe Titanium Market Dynamics Trends |
| 11. Asia-Pacific Titanium Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, US$ Mn) |
| 11.1. By Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030by Revenue (US$ Mn),Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1. Titanium Concentrate |
| 11.1.2. Titanium tetrachloride |
| 11.1.3. Titanium Sponge |
| 11.1.4. Ferrotitanium |
| 11.1.5. Titanium Pigment |
| 11.1.6. Others |
| 11.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (US$ Mn), Y-o-Y Growth (%) and Market Share (%) |
| 11.2.1. Aerospace & Marine |
| 11.2.2. Industrial |
| 11.2.3. Medical |
| 11.2.4. Energy |
| 11.2.5. Pigments |
| 11.2.6. Additives & Coatings |
| 11.2.7. Papers & Plastics |
| 11.2.8. Others |
| 11.3. Grade Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (US$ Mn), Y-o-Y Growth (%) and Market Share (%) |
| 11.3.1. Ti 6Al-4V (Grade 5) |
| 11.3.2. Ti 6AL-4V ELI (Grade 23) |
| 11.3.3. Ti 3Al 2.5 (Grade 12) |
| 11.3.4. Ti 5Al-2.5Sn (Grade 6) |
| 11.3.5. Others |
| 11.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (US$ Mn) Y-o-Y Growth (%) and Market Share (%) |
| 11.4.1. Japan |
| 11.4.2. China |
| 11.4.3. India |
| 11.4.4. ASEAN |
| 11.4.5. Australia & New Zealand |
| 11.4.6. Rest of Asia-Pacific |
| 11.5. Asia-Pacific Titanium Market - Opportunity Analysis Index, By Product Type, Application, Grade, and Country, 2024 - 2030 |
| 11.6. Asia-Pacific Titanium Market Dynamics Trends |
| 12. Latin America Titanium Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, US$ Mn) |
| 12.1. By Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030by Revenue (US$ Mn),Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1. Titanium Concentrate |
| 12.1.2. Titanium tetrachloride |
| 12.1.3. Titanium Sponge |
| 12.1.4. Ferrotitanium |
| 12.1.5. Titanium Pigment |
| 12.1.6. Others |
| 12.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (US$ Mn), Y-o-Y Growth (%) and Market Share (%) |
| 12.2.1. Aerospace & Marine |
| 12.2.2. Industrial |
| 12.2.3. Medical |
| 12.2.4. Energy |
| 12.2.5. Pigments |
| 12.2.6. Additives & Coatings |
| 12.2.7. Papers & Plastics |
| 12.2.8. Others |
| 12.3. Grade Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (US$ Mn), Y-o-Y Growth (%) and Market Share (%) |
| 12.3.1. Ti 6Al-4V (Grade 5) |
| 12.3.2. Ti 6AL-4V ELI (Grade 23) |
| 12.3.3. Ti 3Al 2.5 (Grade 12) |
| 12.3.4. Ti 5Al-2.5Sn (Grade 6) |
| 12.3.5. Others |
| 12.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (US$ Mn) Y-o-Y Growth (%) and Market Share (%) |
| 12.4.1. Brazil |
| 12.4.2. Mexico |
| 12.4.3. Argentina |
| 12.4.4. Rest of Latin America |
| 12.5. Latin America Titanium Market - Opportunity Analysis Index, By Product Type, Application, Grade, and Country, 2024 - 2030 |
| 12.6. Latin America Titanium Market Dynamics Trends |
| 13. Middle East and Africa Titanium Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, US$ Mn) |
| 13.1. By Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030by Revenue (US$ Mn),Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1. Titanium Concentrate |
| 13.1.2. Titanium tetrachloride |
| 13.1.3. Titanium Sponge |
| 13.1.4. Ferrotitanium |
| 13.1.5. Titanium Pigment |
| 13.1.6. Others |
| 13.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (US$ Mn), Y-o-Y Growth (%) and Market Share (%) |
| 13.2.1. Aerospace & Marine |
| 13.2.2. Industrial |
| 13.2.3. Medical |
| 13.2.4. Energy |
| 13.2.5. Pigments |
| 13.2.6. Additives & Coatings |
| 13.2.7. Papers & Plastics |
| 13.2.8. Others |
| 13.3. Grade Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (US$ Mn), Y-o-Y Growth (%) and Market Share (%) |
| 13.3.1. Ti 6Al-4V (Grade 5) |
| 13.3.2. Ti 6AL-4V ELI (Grade 23) |
| 13.3.3. Ti 3Al 2.5 (Grade 12) |
| 13.3.4. Ti 5Al-2.5Sn (Grade 6) |
| 13.3.5. Others |
| 13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (US$ Mn) Y-o-Y Growth (%) and Market Share (%) |
| 13.4.1. Gulf Cooperation Council (GCC) Countries |
| 13.4.2. Israel |
| 13.4.3. South Africa |
| 13.4.4. Rest of MEA |
| 13.5. MEA Titanium Market - Opportunity Analysis Index, By Product Type, Application, Grade, and Country, 2024 - 2030 |
| 13.6. MEA Titanium Market Dynamics Trends |
| 14. Competition Landscape |
| 14.1. Strategic Dashboard of Top Market Players |
| 14.2. Company Profiles (Introduction, Financial Analysis, Application& Service Offerings, Key Developments, Strategies, and SWOT Analysis) |
| 14.2.1. Huntsman International LLC. |
| 14.2.2. INEOS |
| 14.2.3. Iluka Resources Limited |
| 14.2.4. Sumitomo Corporation |
| 14.2.5. VSMPO-AVISMA Corporation |
| 14.2.6. TOHO TITANIUM CO., LTD. |
| 14.2.7. ATI |
| 14.2.8. Precision Castparts Corp |
| 14.2.9. TITANIUM INDUSTRIES INC. |
| 14.2.10. Norsk Titanium US Inc. |
| 14.2.11. VVTi Pigments |
| 14.2.12. Kenmare Resources plc. |
| 14.2.13. Titanium Technologies |
| 14.2.14. Tronox Holdings plc |
| 14.2.15. KOBE STEEL, LTD |
| 15. Research Methodology |
| 16. Key Assumptions and Acronyms |
Key Market Players
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand forecasting, and pricing analysis, I am able to make precise projections. I have extensive practical knowledge in Time Series Analysis (TSA), Simple Linear Regression (SLR), Multiple Linear Regression (MLR), Seasonality & Trend Forecasting, and Forecasting Models for New Products, among others. Additionally, I have hands-on experience with tools such as Power BI and SQL. I am highly committed, self-motivated, and possess a strong entrepreneurial spirit. Over the past 8 years, my team and I have built a robust clientele in various sectors, including Packaging, Pharma, Medical Devices, Oil & Gas, and Chemicals & Materials. We have provided a wide range of services, from management consulting to market forecasting and survey-related projects. I am particularly proud to have provided consulting services to one of the industry’s leading COVID-19 vaccine manufacturers for a packaging-related project. In the packaging space, I have served clients across a range of segments, including packaging printing, consumer packaging, flexible packaging, rigid packaging, and pharmaceutical packaging, to name a few. I deeply appreciate the efforts of my team and am grateful to our clients for their continued trust.
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