Market Overview:
The global titanium hydride powder market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for titanium hydride powder in various applications such as titanium powder, foaming material, powder metallurgy, cemented carbide additives and others. In terms of region, North America is expected to lead the global titanium hydride powder market during the forecast period followed by Europe and Asia Pacific.
Product Definition:
TiH2 powder is a titanium-based substance that is used as a fuel in solid rocket propellants. It is made by heating titanium metal in the presence of hydrogen gas, and it has a very high specific impulse, or ability to generate thrust. This makes it an ideal fuel for rockets, and it has been used extensively in both government and commercial launches.
99.5% Purity:
99.5% purity is a very high level of purity which can be achieved by distillation or rotary evaporation method. It means that there are no other materials left in the product except for what is stated on the label.
99.0% Purity:
99.0% purity is a very high grade of titanium and it has almost no impurities in it. It is used to make titanium hydride which has many industrial applications such as chemical, aerospace, medical and others. 99% pure titanium can be produced by the thermal decomposition of hexachloroplatinate (KCl(Titanium)6).
Application Insights:
Titanium powder was the major application segment and accounted for over 50.0% of the total revenue in 2017. Titanium is used as an additive in metal powders to improve its mechanical properties, such as strength, wear resistance and corrosion resistance. The titanium hydride powder is also used to produce a high-temperature resistant coating on steel that can be utilized in various applications including automotive components, machine tools and construction materials.
Foaming material was the second-largest application segment that year accounting for over 20% of the total volume sales revenue.
Regional Analysis:
Asia Pacific was the largest market for titanium hydride powder and accounted for a revenue share of over 45% in 2017. The region is expected to continue its dominance over the forecast period owing to high product demand from various end-use industries, including aerospace & defense, automotive, construction, energy & power.
The presence of major aircraft manufacturers such as Boeing and Airbus coupled with increasing demand from other end-use sectors such as transportation has resulted in high growth opportunities for titanium hydride powder in Asia Pacific. In addition, rising investments by governments across developing economies are anticipated to fuel industry expansion over the coming years.
Growth Factors:
- Increasing demand from end-use industries such as aerospace, automotive and medical sectors
- Growing popularity of titanium hydride powder in the global market due to its excellent properties
- Rising research and development activities by key players for new applications of titanium hydride powder
- Increasing investments by manufacturers in production capacity expansion to cater to the growing demand
- Growing number of collaborations and partnerships among market players for technological advancements
Scope Of The Report
Report Attributes
Report Details
Report Title
Titanium Hydride Powder Market Research Report
By Type
99.5% Purity, 99.0% Purity, 97.0% Purity
By Application
Titanium Powder, Foaming Material, Powder Metallurgy, Cemented Carbide Additives, Other
By Companies
Beijing Youxinglian Nonferrous Metals, Albemarle, AG materials, Micron Metals, OSAKA Titanium Technologies, Greenearth Chemicals, Xi'an Telison New Materials
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
228
Number of Tables & Figures
160
Customization Available
Yes, the report can be customized as per your need.
Global Titanium Hydride Powder Market Report Segments:
The global Titanium Hydride Powder market is segmented on the basis of:
Types
99.5% Purity, 99.0% Purity, 97.0% Purity
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
Titanium Powder, Foaming Material, Powder Metallurgy, Cemented Carbide Additives, 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:
- Beijing Youxinglian Nonferrous Metals
- Albemarle
- AG materials
- Micron Metals
- OSAKA Titanium Technologies
- Greenearth Chemicals
- Xi'an Telison New Materials
Highlights of The Titanium Hydride Powder 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:
- 99.5% Purity
- 99.0% Purity
- 97.0% Purity
- By Application:
- Titanium Powder
- Foaming Material
- Powder Metallurgy
- Cemented Carbide Additives
- 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 Titanium Hydride Powder 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
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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?
Titanium hydride powder is a white, odorless, non-toxic solid that is used in various industrial and scientific applications. It can be used as an additive to improve the performance of other materials or as a stand-alone material. Titanium hydride powder can also be used in medical devices and aerospace applications.
Some of the major players in the titanium hydride powder market are Beijing Youxinglian Nonferrous Metals, Albemarle, AG materials, Micron Metals, OSAKA Titanium Technologies, Greenearth Chemicals, Xi'an Telison New Materials.
The titanium hydride powder market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Titanium Hydride Powder 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 Titanium Hydride Powder Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Titanium Hydride Powder 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 Titanium Hydride Powder 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 Titanium Hydride Powder Market Size & Forecast, 2020-2028
4.5.1 Titanium Hydride Powder Market Size and Y-o-Y Growth
4.5.2 Titanium Hydride Powder Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 99.5% Purity
5.2.2 99.0% Purity
5.2.3 97.0% Purity
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Titanium Powder
6.2.2 Foaming Material
6.2.3 Powder Metallurgy
6.2.4 Cemented Carbide Additives
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Titanium Hydride Powder 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 Titanium Hydride Powder 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 99.5% Purity
9.6.2 99.0% Purity
9.6.3 97.0% Purity
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 Market Size Forecast by Applications
9.10.1 Titanium Powder
9.10.2 Foaming Material
9.10.3 Powder Metallurgy
9.10.4 Cemented Carbide Additives
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 99.5% Purity
10.6.2 99.0% Purity
10.6.3 97.0% Purity
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 Market Size Forecast by Applications
10.10.1 Titanium Powder
10.10.2 Foaming Material
10.10.3 Powder Metallurgy
10.10.4 Cemented Carbide Additives
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 99.5% Purity
11.6.2 99.0% Purity
11.6.3 97.0% Purity
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 Market Size Forecast by Applications
11.10.1 Titanium Powder
11.10.2 Foaming Material
11.10.3 Powder Metallurgy
11.10.4 Cemented Carbide Additives
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 99.5% Purity
12.6.2 99.0% Purity
12.6.3 97.0% Purity
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 Market Size Forecast by Applications
12.10.1 Titanium Powder
12.10.2 Foaming Material
12.10.3 Powder Metallurgy
12.10.4 Cemented Carbide Additives
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 99.5% Purity
13.6.2 99.0% Purity
13.6.3 97.0% Purity
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) Market Size Forecast by Applications
13.10.1 Titanium Powder
13.10.2 Foaming Material
13.10.3 Powder Metallurgy
13.10.4 Cemented Carbide Additives
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 Titanium Hydride Powder Market: Competitive Dashboard
14.2 Global Titanium Hydride Powder Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Beijing Youxinglian Nonferrous Metals
14.3.2 Albemarle
14.3.3 AG materials
14.3.4 Micron Metals
14.3.5 OSAKA Titanium Technologies
14.3.6 Greenearth Chemicals
14.3.7 Xi'an Telison New Materials
