Over the next five years the Titanium Powder market will register a 3.7% CAGR in terms of revenue, the global market size will reach US$ 4253.6 million by 2027.
Titanium Powder Market Overview
Titanium is a silver metal that is strong, resistant to corrosion, and inert. It is the ninth most abundant element in Earth’s crust. Rather of appear in large deposits, small amounts of titanium occur in almost each rock. Titanium is an vital constituent in a small number of minerals. Titanium is a familiar metal. Therefore, many people know that it is used in, prosthetics, tennis rackets, jewelry, goalie masks, scissors, mobile phones, bicycle frames, surgical tools, and other high-performance products. Titanium is as strong as steel but weighs about half as much.Also, titanium attains balanced quality at low oxygen along with purity levels of 4N5 to 5N. It is produced in our exclusive EB melting furnace using a high-purity titanium sponge manufactured in our unique in-house version of the Kroll process. On the contrary, titanium is associated with aluminum, molybdenum, vanadium, iron, nickel, and other metals to manufacture high-efficiency alloys. Therefore, jet engines, body armor, military equipment, bearings, spacecraft, and other high-tech products need parts made with these alloys.titanium powder has been utilized as an alloying section for numerous applications for a long time now. Also, by using it, constructing net shape parts becomes possible with zero or minimum material loss that goes with machine spiral parts using the constructed house. Also, the use of titanium powder to print 3-dimensional automotive parts is one of the most recent breakthroughs in metal manufacturing. Also, it permits the manufacturing of different parts and components for aerospace and automobiles frames and engines through 3D printing.
Industry News and Updates
Establishment of Titanium Powder Technology for Additive Manufacturing,OSAKA Titanium technologies Co., Ltd. (President: Yasuaki Sugizaki, Headquarters: Amagasaki, Hyogo,hereinafter “OTC”) has recently established titanium powder technology as a technique suited for-additive manufacturing, and plans to strive proactively to expand sales of titanium powder in the future.
What are the major Applications, Types and Regions for Titanium Powder Market?
Titanium Powder Market is segmented based on the type, applications, companies and regions.
By Type, Titanium Powder Market has been segmented into
- High Purity Titanium Powder (CPTP)
- Alloyed Titanium Powder (ATP)
The end user’s industry application on Titanium Powder Market is,
- Aerospace Industry
- Automobile Industry
- Petrochemical Industry
- Other
Electroretinography Market Regional Analysis
Regionally, Asia Pacific titanium powder market growth is touted to amass significant gains through the ensuing years driven by the increasing defense expenditure by various Asian countries. According to SIPRI report, China’s military spending rose to US$261 billion in 2019, while India’s defense spending was worth US$71.1 billion. In addition, expanding aerospace sector, developing end-user industries, and increased titanium production are further likely to influence APAC titanium powder industry over the forecast period.
North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Middle East & Africa
- Latin America
What is our Titanium Powder Market report scope?
Report Attributes
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Report Details
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Forecast Period 2022 to 2027 CAGR
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CAGR of 3.7% during the review period (2022 to 2027).
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By Type
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- High Purity Titanium Powder (CPTP)
- Alloyed Titanium Powder (ATP)
- Others
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By Application
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- Aerospace Industry
- Automobile Industry
- Petrochemical Industry
- Others
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By Companies
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ATI, Cristal, OSAKA Titanium, Fengxiang Titanium Material & Powder, ADMA Products, Reading Alloys, MTCO, TLS Technik, Global Titanium, GfE, AP&C, Puris, Toho Titanium, Metalysis, Praxair S.T. Tech and others.
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Regions Covered
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- North America
- Europe
- Asia-Pacific
- Rest of the World
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Countries Covered
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- US
- Canada
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Latin America
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Base Year
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2022
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Historical Year
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2017 to 2021
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Forecast Year
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2022 to 2027
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Number of Pages
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121
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Customization Available
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Yes, the report can be customized as per your needs
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Key Takeaways from this Titanium Powder Report
- Evaluate Titanium Powder market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
- Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.
- Get in-depth insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
- Analyze the sales and distribution channels across key geographies to improve top-line revenues.
- Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
- Get a quick outlook on the Titanium Powder market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
- Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.
FAQ -
What is the study period of this market?
The Titanium Powder Market is studied from 2017 - 2027.
What is the growth rate of Titanium Powder Market?
The Titanium Powder Market is growing at a CAGR of 3.7% over the next 5 years.
What regions does this Titanium Powder Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.