Los Angeles, CA -- (SBWire) -- 04/29/2019 --Titanium alloys are metals that contain a mixture of titanium and other chemical elements. Titanium is considered to be one of the strongest metals. Its strength, heat, water and salt resistance, and its light weight make it the ideal metal for a variety of applications. These applications range from jewelry and dental implants to airplanes and ships. Pure titanium is strong and corrosive resistant. Titanium alloys retain the same strength and corrosion resistance, but takes on the greater flexibility and malleability of the metal it is combined with. Titanium alloys, therefore, have more applications than pure titanium.

In the last several years, global market of Titanium Alloy developed rapidly, with an average growth rate of 4.5%. In 2016, global revenue of Titanium Alloy is nearly 4300 M USD; the actual production is about 207691 MT.

The global average price of Titanium Alloy is in the decreasing trend, from 22.7 K USD/MT in 2012 to 21 K USD/MT in 2016. With the situation of global economy, prices will be in decreasing trend in the following five years.

The classification of Titanium Alloy includes Plate, Bar, Tube, Others, and the proportion of Classical Plate in 2016 is about 42%, and the proportion is in decreasing trend from 2012 to 2016.

The global Titanium Metal (Titanium Alloy) market was 4470 million US$ in 2018 and is expected to 5890 million US$ by the end of 2025, growing at a CAGR of 3.5% between 2019 and 2025.

This report studies the Titanium Metal (Titanium Alloy) market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Titanium Metal (Titanium Alloy) in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

PCC

VSMPO-AVISMA

ATI

Carpenter

Alcoa

BAOTAI

Western Superconducting

Western Metal

TG

Advanced Metallurgical

By the product type, the market is primarily split into

Plate

Bar

Tube

Others

By the end users/application, this report covers the following segments

Aero & Aviation

Industrial

Medical

Key Regions split in this report:

North America

Asia-Pacific

Europe

Central & South America

Middle East & Africa

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