Product Code: GVR-4-68040-331-4
Titanium Market Size & Trends
The global titanium market size was estimated at USD 2.44 billion in 2023 and is projected to grow at a CAGR of 6.2% from 2024 to 2030.The growth of the travel & tourism industry has also led to an expansion of the civil aviation segment, propelling the demand for titanium. The rise in defense expenditure for modernized equipment, systems, and aircraft on account of growing territorial disputes has further contributed to market growth.
Titanium sponge is produced using the Kroll process on titanium ore. In the process, titanium tetrachloride is heated with magnesium metal to 900 degrees Celsius. After the process is completed, magnesium is extracted from a lump of titanium sponge. In the final stage, the sponge is crushed into small pieces with the help of crushers and shears. Various-sized particles are mixed in a blender to get a uniform-quality sponge.
Global Titanium Market Report Segmentation
This report forecasts revenue and volume growth at global, country, and regional levels and provides an analysis of the latest trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global titanium market report based on end-use, and region:
- End-use Outlook (Volume, Kilotons; Revenue, USD Billion; 2018 - 2030)
- Aerospace & Defense
- Industrial
- Coatings
- Healthcare
- Consumer Goods
- Others
- Regional Outlook (Volume, Kilotons; Revenue, USD Billion; 2018 - 2030)
- North America
U.S.
Canada
Mexico
Germany
UK
Spain
Russia
China
India
Japan
Brazil
GCC
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Information Analysis
- 1.3.2. Market Formulation & Data Visualization
- 1.3.3. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segmental Outlook
- 2.3. Competitive Outlook
Chapter 3. Market Variables, Trends, and Scope
- 3.1. Global Titanium Market Outlook
- 3.2. Value Chain Analysis
- 3.2.1. Raw Material Trends
- 3.3. Manufacturing & Technology Overview
- 3.4. Regulatory Framework
- 3.5. Market Dynamics
- 3.5.1. Market Driver Analysis
- 3.5.2. Market Restraint Analysis
- 3.5.3. Market Opportunities
- 3.5.4. Industry Trends
- 3.6. Porter's Five Forces Analysis
- 3.6.1. Bargaining Power of Suppliers
- 3.6.2. Bargaining Power of Buyers
- 3.6.3. Threat of Substitution
- 3.6.4. Threat of New Entrants
- 3.6.5. Competitive Rivalry
- 3.7. PESTLE Analysis
- 3.7.1. Political
- 3.7.2. Economic
- 3.7.3. Social Landscape
- 3.7.4. Technology
- 3.7.5. Environmental
- 3.7.6. Legal
Chapter 4. Titanium Market: End Use Estimates & Trend Analysis
- 4.1. Titanium Market: End Use Movement Analysis, 2023 & 2030
- 4.2. Aerospace & Defense
- 4.2.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Billion)
- 4.3. Industrial
- 4.3.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Billion)
- 4.4. Coatings
- 4.4.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Billion)
- 4.5. Healthcare
- 4.5.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Billion)
- 4.6. Consumer Goods
- 4.6.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Billion)
- 4.7. Others
- 4.7.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Billion)
Chapter 5. Titanium Market: Regional Estimates & Trend Analysis
- 5.1. Regional Analysis, 2023 & 2030
- 5.2. North America
- 5.2.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Billion)
- 5.2.2. Market estimates and forecasts, by end use, 2018 - 2030 (Kilotons) (USD Billion)
- 5.2.3. U.S.
- 5.2.3.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Billion)
- 5.2.3.2. Market estimates and forecasts, by end use, 2018 - 2030 (Kilotons) (USD Billion)
- 5.2.4. Canada
- 5.2.4.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Billion)
- 5.2.4.2. Market estimates and forecasts, by end use, 2018 - 2030 (Kilotons) (USD Billion)
- 5.2.5. Mexico
- 5.2.5.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Billion)
- 5.2.5.2. Market estimates and forecasts, by end use, 2018 - 2030 (Kilotons) (USD Billion)
- 5.3. Europe
- 5.3.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Billion)
- 5.3.2. Market estimates and forecasts, by end use, 2018 - 2030 (Kilotons) (USD Billion)
- 5.3.3. Germany
- 5.3.3.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Billion)
- 5.3.3.2. Market estimates and forecasts, by end use, 2018 - 2030 (Kilotons) (USD Billion)
- 5.3.4. UK
- 5.3.4.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Billion)
- 5.3.4.2. Market estimates and forecasts, by end use, 2018 - 2030 (Kilotons) (USD Billion)
- 5.3.5. Spain
- 5.3.5.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Billion)
- 5.3.5.2. Market estimates and forecasts, by end use, 2018 - 2030 (Kilotons) (USD Billion)
- 5.3.6. Russia
- 5.3.6.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Billion)
- 5.3.6.2. Market estimates and forecasts, by end use, 2018 - 2030 (Kilotons) (USD Billion)
- 5.4. Asia Pacific
- 5.4.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Billion)
- 5.4.2. Market estimates and forecasts, by end use, 2018 - 2030 (Kilotons) (USD Billion)
- 5.4.3. China
- 5.4.3.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Billion)
- 5.4.3.2. Market estimates and forecasts, by end use, 2018 - 2030 (Kilotons) (USD Billion)
- 5.4.4. India
- 5.4.4.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Billion)
- 5.4.4.2. Market estimates and forecasts, by end use, 2018 - 2030 (Kilotons) (USD Billion)
- 5.4.5. Japan
- 5.4.5.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Billion)
- 5.4.5.2. Market estimates and forecasts, by end use, 2018 - 2030 (Kilotons) (USD Billion)
- 5.5. Central & South America
- 5.5.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Billion)
- 5.5.2. Market estimates and forecasts, by end use, 2018 - 2030 (Kilotons) (USD Billion)
- 5.5.3. Brazil
- 5.5.3.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Billion)
- 5.5.3.2. Market estimates and forecasts, by end use, 2018 - 2030 (Kilotons) (USD Billion)
- 5.6. Middle East & Africa
- 5.6.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Billion)
- 5.6.2. Market estimates and forecasts, by end use, 2018 - 2030 (Kilotons) (USD Billion)
- 5.6.3. GCC
- 5.6.3.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Billion)
- 5.6.3.2. Market estimates and forecasts, by end use, 2018 - 2030 (Kilotons) (USD Billion)
Chapter 6. Competitive Landscape
- 6.1. Recent Developments & Impact Analysis, By Key Market Participants
- 6.2. Company Categorization
- 6.3. Heat Map Analysis
- 6.4. Vendor Landscape
- 6.4.1. List of Raw Material Suppliers
- 6.4.2. List of Distributors
- 6.4.3. List of Other Prominent Manufacturers
- 6.4.4. List of Prospective End Users
- 6.5. Strategy Mapping
- 6.6. Company Profiles/Listing
- 6.6.1. ATI
- 6.6.1.1. Company Overview
- 6.6.1.2. Financial Performance
- 6.6.1.3. Product Benchmarking
- 6.6.2. TiFast s.r.l.
- 6.6.2.1. Company Overview
- 6.6.2.2. Financial Performance
- 6.6.2.3. Product Benchmarking
- 6.6.3. Titanium Metals Corporation
- 6.6.3.1. Company Overview
- 6.6.3.2. Financial Performance
- 6.6.3.3. Product Benchmarking
- 6.6.4. Toho Titanium Co., Ltd.
- 6.6.4.1. Company Overview
- 6.6.4.2. Financial Performance
- 6.6.4.3. Product Benchmarking
- 6.6.5. UST-KAMENOGORSK TITANIUM AND MAGNESIUM PLANT JSC (UKTMP)
- 6.6.5.1. Company Overview
- 6.6.5.2. Financial Performance
- 6.6.5.3. Product Benchmarking
- 6.6.6. Hermith GmbH
- 6.6.6.1. Company Overview
- 6.6.6.2. Financial Performance
- 6.6.6.3. Product Benchmarking