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Titanium in the Global Automotive Market : Trends, Opportunities and Competitive Analysis

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    Report

  • 135 Pages
  • May 2022
  • Region: Global
  • Lucintel
  • ID: 5636926
The future of titanium in the global automotive market looks promising with opportunities in the luxury cars and sport cars segments. Titanium in the global automotive market is expected to grow at a CAGR of 4.3% from 2021 to 2027. The major drivers for this market are increasing demand for titanium in sports and luxury cars, rapid technological advancement, and growth in the high-performance vehicle production.

Emerging Trends of Titanium in the Global Automotive Market


Emerging trends, which have a direct impact on the dynamics of the industry, include growing utilization of titanium in electric vehicle and increasing application of titanium in suspension spring and brake calipers.

A total of 95 figures/charts and 72 tables are provided in this 135-page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope, benefits, companies researched, and other details of the titanium in the global automotive market report, then you should read this report.

Titanium in the Global Automotive Market by Segments


The analyst forecasts that titanium for exhaust system in the global automotive market will remain the largest segment, and it is also expected to witness the highest growth over the forecast period. The study includes trends and forecast for titanium in the global automotive market by application, vehicle type, and region, as follows:

Titanium in the Global Automotive Market by Application Type [Value ($ Million) and Volume (Million Pound) from 2016 to 2027]:

  • Exhaust System
  • Connecting Rod
  • Turbocharger
  • Valve
  • Others

Titanium in the Global Automotive Market by Vehicle Type [Value ($Million) and Volume (Million Pound) from 2016 to 2027]:

  • Luxury Cars
  • Sports Cars
  • Others

Titanium in the Global Automotive Market by Region[Value ($ Million) and Volume (Million Pound) from 2016 to 2027]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of Titanium in the Global Automotive Companies


Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies titanium companies in the global automotive market cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the titanium companies in the global automotive market profiled in this report includes.
  • Tronox
  • Toho titanium
  • VSMPO AVISMA
  • Hermith
  • Continental Steel & Tube

Titanium in the Global Automotive Market Insights

  • The analyst forecasts that titanium for exhaust system in the global automotive market will remain the largest segment, and it is also expected to witness the highest growth over the forecast period due to increasing demand for vehicle production and increasing titanium content per vehicle.
  • Europe is expected to remain the largest region due to increasing use of titanium content per vehicle coupled with the high production of luxury and formula-1 race cars. North America is expected to witness significant growth over the forecast period because of growing sports and luxury cars production and increasing utilization of titanium in high-performance vehicle designs.

Features of Titanium in the Global Automotive Market

  • Market Size Estimates: Titanium in the global automotive market size estimation in terms of value ($M) and volume (kiloton) shipment.
  • Trend and Forecast Analysis: Market trends (2016-2021) and forecast (2022-2027) by various segments.
  • Segmentation Analysis: Titanium in the global automotive market size by various segments, such as by application and vehicle type in terms of value and volume.
  • Regional Analysis: Titanium in the global automotive market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
  • Growth Opportunities: Analysis of growth opportunities in different segments by application and vehicle type, and regions for titanium in the global automotive market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape of titanium in the global automotive market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model

FAQs

Q1. What is titanium in the global automotive market size?
Answer: Titanium in the global automotive market is expected to reach an estimated $0.25 billion by 2027.
Q2. What is the growth forecast for titanium in the global automotive market?
Answer: Titanium in the global automotive market is expected to grow at a CAGR of 4.3% from 2021 to 2027.
Q3. What are the major drivers influencing the growth of titanium in the global automotive market?
Answer: The major drivers for this market are increasing demand for titanium in sports and luxury cars, rapid technological advancement, and growth in the high-performance vehicle production.
Q4. What are the major vehicle types or end use industries for titanium in the global automotive?
Answer: Sports car is the major segment by vehicle type for titanium in the global automotive.
Q.5 What are the emerging trends of titanium in the global automotive market?
Answer: Emerging trends, which have a direct impact on the dynamics of the industry, include growing utilization of titanium in electric vehicle and increasing application of titanium in suspension spring and brake calipers.
Q6. Who are the key titanium companies in the global automotive market?
Answer: Some of the key titanium companies in the global automotive market are as follows:
  • Tronox
  • Toho titanium
  • VSMPO AVISMA
  • Hermith
  • Continental Steel & Tub.
Q7. Which product segment of titanium in the global automotive market will be the largest in future?
Answer: The analyst forecasts that titanium for exhaust system in the global automotive market will remain the largest segment, and it is also expected to witness the highest growth over the forecast period due to increasing demand for vehicle production and increasing titanium content per vehicle.
Q8. In titanium in the global automotive market, which region is expected to be the largest in next 5 years?
Answer: Europe is expected to remain the largest region due to increasing use of titanium content per vehicle coupled with the high production of luxury and formula-1 race cars. North America is expected to witness significant growth over the forecast period because of growing sports and luxury cars production and increasing utilization of titanium in high-performance vehicle designs.

This report answers the following 11 key questions

Q.1 What are some of the most promising growth opportunities for titanium in the global automotive market by application (Exhaust System, Connecting Rod, Turbocharger, Valve), by vehicle type (luxury cars and sports cars), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges, and business risks in this market?
Q.5 What are the business risks and competitive threats in this market?
Q.5 What are the emerging trends in this market and the reasons behind them?
Q.7 What are some of the changing demands of customers in the market?
Q.8 What are the new developments in the market and which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being taken by key players for business growth?
Q.10 What are some of the competing products in this market and how big of a threat do they pose for loss of market share by product substitution?
Q.11 What M&A activity has occurred in the last five years?


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Table of Contents

1. Executive Summary
2. Market Background and Classifications
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2016 to 2027
3.1: Macroeconomic Trends and Forecast
3.2: Titanium in the Global Automotive Market Trends and Forecast
3.3: Titanium in the Global Automotive Market by Vehicle Type
3.3.1: Luxury Cars
3.3.2: Sports Cars
3.4: Titanium in the Global Automotive Market by Application
3.4.1: Exhaust Systems
3.4.2: Connecting Rods
3.4.3: Valves
3.4.4: Turbochargers
4. Market Trends and Forecast Analysis by Region from 2016 to 2027
4.1: Titanium in the Global Automotive Market by Region
4.2: Titanium in the North American Automotive Market
4.2.1: Titanium in the North American Automotive Market by Application Type
4.2.2: Titanium in the North American Automotive Market by Vehicle type
4.3: Titanium in the European Automotive Market
4.3.1: Titanium in the European Automotive Market by Application
4.3.2: Titanium in the European Automotive Market by Vehicle type
4.4: Titanium in the APAC and ROW Automotive Market
4.4.1: Titanium in the APAC and ROW Automotive Market by Application
4.4.2: Titanium in the APAC and ROW Automotive Market by Vehicle Type
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Geographical Reach
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for Titanium in the Global Automotive Market by Application
6.1.2: Growth Opportunities for Titanium in the Global Automotive Market by Vehicle Type
6.2: Emerging Trends of Titanium in the Global Automotive Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of Titanium in the Global Automotive Market
6.3.3: Mergers, Acquisitions, and Joint Ventures of Titanium in the Global Automotive Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: VSMPO-AVISMA Corporation
7.2: Alcoa Inc.
7.3: Toho Titanium Co. Ltd.
7.4: Hermith GmbH
7.5: Continental Steel & Tube Co
7.6: Nippon Steel & Sumitomo Metal Corporation

Companies Mentioned

  • VSMPO-AVISMA Corporation
  • Alcoa Inc.
  • Toho Titanium Co. Ltd.
  • Hermith GmbH
  • Continental Steel & Tube Co
  • Nippon Steel & Sumitomo Metal Corporation

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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