Market Overview:
The global pure titanium market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for pure titanium in various end-use industries such as automotive, aerospace, medical, metallurgical and others. In terms of type, grade 1 pure titanium is expected to hold the largest share in the global market due to its high demand from various end-use industries.
Product Definition:
Pure titanium is a silver-white metal that is strong and lightweight. It has many uses, including in airplanes, cars, and medical implants.
Grade 1 Pure Titanium:
Grade 1 pure titanium has a very high demand in the medical industry. It is used for manufacturing various products such as stents, implants and orthopedic devices due to its properties such as biocompatibility, inertness and corrosion resistance. The grade 1 pure titanium has higher yield stress than standard commercial grades but it's cost is much lower than other commercial grades which makes it attractive to manufacturers of medical devices.
Grade 2 Pure Titanium:
Grade 2 pure titanium has a higher yield strength than grade 1 and is also much denser. It also has better corrosion resistance properties when compared to other grades of titanium metal. Grade 2 pure titanium can be used in applications where high strength, good corrosion resistance, and density are required. The major end-use industries that use grade 2 pure titanium are aerospace & defense, automotive industry, medical devices industry among others which include consumer goods and electronics manufacturing among others.
Application Insights:
Automotive was the largest application segment in 2016, accounting for a volume share of over 50%, and is expected to continue its dominance over the forecast period. The rising importance of titanium in automotive applications owing to its lightweight properties is likely to propel market growth. Titanium has an important role in various automotive components including engine, transmission case, exhaust system and muffler canister as well as fuel pump cover and tank cap due to its corrosion resistance property.
The aerospace industry accounted for nearly 10% of global pure titanium demand in 2016 on account of increasing use titanium alloys with other metals such as aluminum & magnesium which results into cost-saving solutions while reducing weight & complexity. Grade 4 purity titanium has high ductility & plasticity which makes it suitable for airframe manufacturing where low weight and complex shapes are required at a reasonable price point compared with other materials such as steel or aluminum alloys.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, Indonesia and Malaysia. Growing automotive production in these countries coupled with increasing aerospace manufacturing has positively impacted the pure titanium demand from Asia Pacific.
The growing medical industry across developing nations of Asia Pacific has boosted product demand owing to rising applications in surgical tools & equipment as well as artificial heart valves.
Growth Factors:
- Increasing demand from end-use industries such as aerospace, automotive and medical sectors
- Growing popularity of titanium alloys in the defense sector
- Rising investment in research and development activities for the production of titanium alloys
- Increasing use of titanium dioxide in various applications such as paints, plastics and cosmetics
- Growing demand for lightweight materials in the transportation sector
Scope Of The Report
Report Attributes
Report Details
Report Title
Pure Titanium Market Research Report
By Type
Grade 1 Pure Titanium, Grade 2 Pure Titanium, Grade 3 Pure Titanium, Grade 4 Pure Titanium
By Application
Automotive, Aerospace, Medical, Metallurgical, Other
By Companies
NSSMC, KOBE STEE, ATI Metals, Cartech, JFE Steel, Fort Wayne Metals, Acciaierie Valbruna, NSSMC
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
143
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Pure Titanium Market Report Segments:
The global Pure Titanium market is segmented on the basis of:
Types
Grade 1 Pure Titanium, Grade 2 Pure Titanium, Grade 3 Pure Titanium, Grade 4 Pure Titanium
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive, Aerospace, Medical, Metallurgical, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- NSSMC
- KOBE STEE
- ATI Metals
- Cartech
- JFE Steel
- Fort Wayne Metals
- Acciaierie Valbruna
- NSSMC
Highlights of The Pure Titanium Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Grade 1 Pure Titanium
- Grade 2 Pure Titanium
- Grade 3 Pure Titanium
- Grade 4 Pure Titanium
- By Application:
- Automotive
- Aerospace
- Medical
- Metallurgical
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Pure Titanium Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Pure titanium is a metal that is 99.9% pure and has no other elements mixed in. It's very strong and durable, making it perfect for use in products like jewelry or aircraft parts.
Some of the major companies in the pure titanium market are NSSMC, KOBE STEE, ATI Metals, Cartech, JFE Steel, Fort Wayne Metals, Acciaierie Valbruna, NSSMC.
The pure titanium market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Pure Titanium Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Pure Titanium Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Pure Titanium Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Pure Titanium Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Pure Titanium Market Size & Forecast, 2018-2028
4.5.1 Pure Titanium Market Size and Y-o-Y Growth
4.5.2 Pure Titanium Market Absolute $ Opportunity
Chapter 5 Global Pure Titanium Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Pure Titanium Market Size Forecast by Type
5.2.1 Grade 1 Pure Titanium
5.2.2 Grade 2 Pure Titanium
5.2.3 Grade 3 Pure Titanium
5.2.4 Grade 4 Pure Titanium
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Pure Titanium Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Pure Titanium Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Aerospace
6.2.3 Medical
6.2.4 Metallurgical
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Pure Titanium Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Pure Titanium Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Pure Titanium Analysis and Forecast
9.1 Introduction
9.2 North America Pure Titanium Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Pure Titanium Market Size Forecast by Type
9.6.1 Grade 1 Pure Titanium
9.6.2 Grade 2 Pure Titanium
9.6.3 Grade 3 Pure Titanium
9.6.4 Grade 4 Pure Titanium
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Pure Titanium Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Aerospace
9.10.3 Medical
9.10.4 Metallurgical
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Pure Titanium Analysis and Forecast
10.1 Introduction
10.2 Europe Pure Titanium Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Pure Titanium Market Size Forecast by Type
10.6.1 Grade 1 Pure Titanium
10.6.2 Grade 2 Pure Titanium
10.6.3 Grade 3 Pure Titanium
10.6.4 Grade 4 Pure Titanium
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Pure Titanium Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Aerospace
10.10.3 Medical
10.10.4 Metallurgical
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Pure Titanium Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Pure Titanium Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Pure Titanium Market Size Forecast by Type
11.6.1 Grade 1 Pure Titanium
11.6.2 Grade 2 Pure Titanium
11.6.3 Grade 3 Pure Titanium
11.6.4 Grade 4 Pure Titanium
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Pure Titanium Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Aerospace
11.10.3 Medical
11.10.4 Metallurgical
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Pure Titanium Analysis and Forecast
12.1 Introduction
12.2 Latin America Pure Titanium Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Pure Titanium Market Size Forecast by Type
12.6.1 Grade 1 Pure Titanium
12.6.2 Grade 2 Pure Titanium
12.6.3 Grade 3 Pure Titanium
12.6.4 Grade 4 Pure Titanium
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Pure Titanium Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Aerospace
12.10.3 Medical
12.10.4 Metallurgical
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Pure Titanium Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Pure Titanium Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Pure Titanium Market Size Forecast by Type
13.6.1 Grade 1 Pure Titanium
13.6.2 Grade 2 Pure Titanium
13.6.3 Grade 3 Pure Titanium
13.6.4 Grade 4 Pure Titanium
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Pure Titanium Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Aerospace
13.10.3 Medical
13.10.4 Metallurgical
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Pure Titanium Market: Competitive Dashboard
14.2 Global Pure Titanium Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 NSSMC
14.3.2 KOBE STEE
14.3.3 ATI Metals
14.3.4 Cartech
14.3.5 JFE Steel
14.3.6 Fort Wayne Metals
14.3.7 Acciaierie Valbruna
14.3.8 NSSMC
