Global Titanium Mill Products Market 2017-2021

  • ID: 4199072
  • Report
  • Region: Global
  • 70 pages
  • TechNavio
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FEATURED COMPANIES

  • Alcoa
  • Baoji Titanium Industry
  • Hangzhou King Titanium
  • Honeywell International
  • Jiangsu Well Titanium
  • KOBE STEEL
  • MORE
Titanium has been conventionally used as an extremely strong, lightweight, and exceedingly corrosion-resistant material in aircraft, seawater desalination plants, heat exchangers, and electric power. The use of titanium is increasing in applications such as sporting goods, information technology (IT) equipment, and consumer products by making use of its visual surface appearance and luxurious feel. Europe is anticipated to see the highest growth over the forecast period due to development in the commercial and regional aircraft markets. The titanium market in the jet engine segment should remain strong over the next five to seven years.

The analysts forecast the global titanium mill products market to grow at a CAGR of 4.08% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global titanium mill products market for 2017-2021. To calculate the market size, the report covers the present scenario and the growth prospects of the market for the period 2016-2021.

The market is divided into the following segments based on geography:

- APAC
- Europe
- North America
- ROW

The report, Global Titanium Mill Products Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Alcoa
- Allegheny Technologies (ATI)
- Baoji Titanium Industry
- Honeywell International
- VSMPO-AVISMA

Other prominent vendors
- Hangzhou King Titanium
- KOBE STEEL
- Jiangsu Well Titanium
- Shenyang Xinghe Titanium Products Co., Ltd.
- Luoyang Sunrui Wanji Titanium
- CDM Group (Shanghai CDM Titanium Industry)
- Shaanxi Jin Han Precious Metals

Market drivers
- Increased usage in power, healthcare, and chemical sector.
- For a full, detailed list, view the full report

Market challenges
- Barriers to adopting new technologies.
- For a full, detailed list, view the full report

Market trends
- Increased usage of carbon fiber composites.
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Alcoa
  • Baoji Titanium Industry
  • Hangzhou King Titanium
  • Honeywell International
  • Jiangsu Well Titanium
  • KOBE STEEL
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Key market highlights
PART 05: Market landscape
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by product
  • Global titanium mill products market by product type
  • Global titanium mill products market in sheets and plates
  • Global titanium mill products market in billets and bars
  • Global titanium mill products market in others
PART 07: Market segmentation by end user
  • Global titanium mill products market by end users
  • Global titanium mill products market in industrial/consumer segment
  • Global titanium mill products market in commercial aerospace segment
  • Global titanium mill products market in defense segment
PART 08: Geographical segmentation
  • Global titanium mill products market by geography
  • Titanium mill products market in North America
  • Titanium mill products market in APAC
  • Titanium mill products market in Europe
  • Titanium mill products market in ROW
PART 09: Decision framework

PART 10: Drivers and challenges
  • Market drivers
  • Impact of drivers on key customer segments
  • Market challenges
  • Impact of challenges on key customer segment
PART 11: Market trends
  • Increased usage of carbon fiber composites
  • Demand supply outages
PART 12: Vendor landscape
  • Competitive scenario
  • Other prominent vendors
PART 13: Key vendor analysis
  • Alcoa
  • ATI
  • BAOJI TITANIUM INDUSTRY
  • Honeywell International
  • VSMPO-AVISMA
PART 14: Appendix
  • List of abbreviations
List of Exhibits

Exhibit 01: Titanium downstream value chain
Exhibit 02: Global titanium mill products market 2016 and 2021 (thousand metric tons)
Exhibit 03: Market forecast: Global titanium mill products 2016-2021
Exhibit 04: Five forces analysis
Exhibit 05: Global titanium mill products market by product type 2016
Exhibit 06: Global titanium mill products market by product type 2021
Exhibit 07: Global titanium mill products market in sheets and plates 2016 and 2021 (thousand metric tons)
Exhibit 08: Market forecast: Global titanium mill products market in sheets and plates 2016-2021
Exhibit 09: Global titanium mill products market in billets and bars 2016 and 2021 (thousand metric tons)
Exhibit 10: Market forecast: Global titanium mill products market in billets and bars 2016-2021
Exhibit 11: Global titanium mill products market in others 2016 and 2021 (thousand metric tons)
Exhibit 12: Market forecast: Global titanium mill products market in others 2016-2021
Exhibit 13: Global titanium mill products market by end users 2016
Exhibit 14: Global titanium mill products market by end users 2021
Exhibit 15: Global titanium mill products market in industrial/consumer segment 2016 and 2021 (thousand metric tons)
Exhibit 16: Market forecast: Global titanium mill products market in industrial/consumer segment 2016-2021
Exhibit 17: Global titanium mill products market in commercial aerospace segment 2016 and 2021 (thousand metric tons)
Exhibit 18: Market forecast: Global titanium mill products market in commercial aerospace segment 2016-2021
Exhibit 19: Global titanium mill products market in defense segment 2016 and 2021 (thousand metric tons)
Exhibit 20: Market forecast: Global titanium mill products market in defense segment 2016-2021
Exhibit 21: Global titanium mill products market segmentation by geography 2016
Exhibit 22: Global titanium mill products market segmentation by geography 2021
Exhibit 23: Titanium mill products market in North America 2016 and 2021 (thousand metric tons)
Exhibit 24: Market forecast: Titanium mill products market in North America 2016-2021
Exhibit 25: Titanium mill products market in APAC 2016 and 2021 (thousand metric tons)
Exhibit 26: Market forecast: Titanium mill products market in APAC 2016-2021
Exhibit 27: Titanium mill products market in Europe 2016 and 2021 (thousand metric tons)
Exhibit 28: Market forecast: Titanium mill products market in Europe 2016-2021
Exhibit 29: Titanium mill products market in ROW 2016 and 2021 (thousand metric tons)
Exhibit 30: Market forecast: Titanium mill products market in ROW 2016-2021
Exhibit 31: Titanium minimum content in aircraft (metric tons)
Exhibit 32: Comparison of metal densities (kg/m3) of various metals
Exhibit 33: Comparison of strength-to-weight ratios (ksi) of various metals
Exhibit 34: Impact of drivers
Exhibit 35: Impact of challenges
Exhibit 36: Key market vendors
Exhibit 37: Alcoa: Business segmentation by revenue 2015
Exhibit 38: Alcoa: Product segmentation by revenue 2015
Exhibit 39: Alcoa: Geographical segmentation by revenue 2015
Exhibit 40: ATI: Business segmentation by revenue 2015
Exhibit 41: ATI: Geographical segmentation by revenue 2015
Exhibit 42: Honeywell International: Business segmentation by revenue 2015
Exhibit 43: Honeywell International: Geographical segmentation by revenue by 2015
Exhibit 44: VSMPO-AVISMA: Product segmentation
Exhibit 45: VSMPO-AVISMA: Geographical segmentation by revenue 2015
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Alcoa
  • Baoji Titanium Industry
  • Hangzhou King Titanium
  • Honeywell International
  • Jiangsu Well Titanium
  • KOBE STEEL
  • MORE
New Report Released: - Global Titanium Mill Products Market 2017-2021

The author of the report recognizes the following companies as the key players in the global titanium mill products market: Alcoa, Allegheny Technologies (ATI), Baoji Titanium Industry, Honeywell International, and VSMPO-AVISMA.

Other Prominent Vendors in the market are: Hangzhou King Titanium, KOBE STEEL, Jiangsu Well Titanium, Shenyang Xinghe Titanium Products Co., Ltd., Luoyang Sunrui Wanji Titanium, CDM Group (Shanghai CDM Titanium Industry), and Shaanxi Jin Han Precious Metals.

Commenting on the report, an analyst from the research team said: “One trend in market is increased usage of carbon fiber composites. The new generation of large passenger aircraft, such as A350 and A380 from Airbus and the B787 from Boeing use larger volumes of CFRP in the airframe component of aircraft. CFRPs are well-suited with titanium, but not with other metals such as aluminum, which ensures that titanium will remain a key material in their manufacture.

Carbon fiber is woven with a textile material and resin such as epoxy resin and allowed to cure. The resulting material has high tensile strength due to high strength-to-weight ratio. CFRPs are popularly used in the manufacture of expensive sports cars, which required strong and lightweight materials. Expensive, racing motorbikes and bicycles tend to have CFRP forks, frames, and handlebars to maintain minimum weight and retain high tensile strength. The aerospace industry has accepted the use of CFRP in the manufacture of aircraft. Europe recently developed a fighter aircraft whose airframe is 70% carbon fiber composite, resulting in a plane that is 30% lighter in weight than if it had been constructed from other metals.”

According to the report, one driver in market is growth in aerospace industry. With heightened national security threats, defense budgets in nations such as the US, France, the UK, the Middle East, and Japan are increasing at a rapid pace. Global revenue in the defense sector is expected to continue growing during the forecast period as governments equip their armed forces with futuristic and advanced defense weapons and next-generation technologies such as intelligence gathering, including cyber, defense electronics, and precision strike capabilities. The passenger travel demand is anticipated to grow by approximately 5% every year over the next 20 years, contributing to increasing aircraft production. Also, the rapid year-over-year increase of global revenue passenger kilometers is leading to an exceptional level of aircraft production rate, which in 2015 was around twice the level experienced in 2005.

Further, the report states that one challenge in market is high cost as compared with substitutes. Titanium is expensive to refine, process, and fabricate. In terms of processing cost of materials per cubic inch compared with aluminum, titanium is 4 to 5 times more expensive to refine and more than 9 to 10 times expensive to form ingots and fabricate finished products. Refining titanium metal into ingot is a slow and energy-intensive process that requires significant capital. Refining the ore into titanium metal is capital intensive as it is a multistep and high-temperature batch process. Due to the high reactivity of titanium, an extraction process similar to that for aluminum has not yet been developed.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • Alcoa
  • Allegheny Technologies (ATI)
  • Baoji Titanium Industry
  • Honeywell International
  • VSMPO-AVISMA
  • Hangzhou King Titanium
  • KOBE STEEL
  • Jiangsu Well Titanium
  • Shenyang Xinghe Titanium Products Co.
  • Ltd.
  • Luoyang Sunrui Wanji Titanium
  • CDM Group (Shanghai CDM Titanium Industry)
  • Shaanxi Jin Han Precious Metals
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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