Key Highlights
- Titanium is a white metallic element that occurs widely in igneous rocks. These elements are strong and have various chemical properties such as low density, high corrosion resistance, and high-temperature stability. The market volume refers to the consumption of titanium in a specific year. Titanium is segmented by type into titanium dioxide and titanium metal. Titanium dioxide is a bright white substance processed and refined after being mined from the earth. It is mainly used in the paints, plastics, and paper industries. Titanium metal is widely used in various end-use industries such as aerospace applications, defense, chemical processing, marine hardware, etc. All market data and forecasts are based on nominal prices, and all currency conversions used in the creation of this report have been calculated using yearly annual average exchange rates.
- The global titanium market recorded revenues of $21.36 billion in 2024, representing a compound annual growth rate (CAGR) of 2.8% between 2019-24.
- Market consumption volume increased with a CAGR of 2.0% between 2019-24, reaching a total of 7,684.2 kilotons in 2024.
- The moderate growth of the global titanium market during 2019-24 can be attributed to the rising demand across key end-use industries, including paints and coatings, plastics, paper, cosmetics, personal care, automotive, aerospace, and defense.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the titanium market in the global
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global titanium market
- Leading company profiles reveal details of key titanium market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Global titanium market with five year forecasts
Reasons to Buy
- What was the size of the Global titanium market by value in 2024?
- What will be the size of the Global titanium market in 2029?
- What factors are affecting the strength of competition in the Global titanium market?
- How has the market performed over the last five years?
- What are the main segments that make up the global's titanium market?
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Rio Tinto Ltd
- Chemours Co
- LB Group Co Ltd
- Tronox Holdings Plc