Market Overview:
The global titanium plates market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for titanium plates in various end-use industries, such as military industry, aerospace, petrochemicals, industrial, medical and others. In terms of thicknesses, the below 10mm segment is expected to account for a major share of the global titanium plates market during the forecast period. This can be attributed to its low weight and high strength characteristics as compared with other metals.
Product Definition:
A titanium plate is a flat or curved piece of metal that is made from titanium. Titanium plates are often used in medical implants, because they are strong and durable.
Global Titanium Plates Market Size Growth Rate by Thickness:
Global titanium plates market size was estimated at USD 1.91 billion in 2016 and is expected to witness a growth of 6.4% over the forecast period on account of rising demand from end-use industries including automotive, construction, medical & dental and aerospace. The growing popularity of titanium metal as an alternative for steel in various applications such as automobiles, consumer goods and industrial equipment is anticipated to drive industry growth over the forecast period.
Below 10mm:
Below 10mm titanium plates are used in the medical industry for implants and surgical instruments. Titanium is a very strong metal, but has a low melting point; below 800oC. It is alloyed with other metals like iron, aluminum or copper to improve its mechanical properties like corrosion resistance and high strength. These plates are made of pure titanium metal by vacuum evaporation process which leaves no residue and impurities on the plate surface.
Application Insights:
The global titanium plates market is segmented on the basis of application into military industry, aerospace, petrochemicals, industrial and medical. The military industry accounted for a major share in 2017 and is expected to maintain its dominance over the forecast period. Titanium has emerged as one of the most important alloy used in aircraft manufacturing owing to its lightweight properties along with other alloys such as aluminum and steel. It also provides high strength at a lower weight compared to other metals or alloys which makes it highly suitable for use in aircraft manufacturing.
Aerospace titanium products are widely utilized across various end-use industries including defense & security, automotive & transportation systems among others owing to their excellent corrosion resistance property which helps them withstand harsh environments during transportation and storage among other factors contributing towards product demand globally.
Regional Analysis:
Asia Pacific dominated the global titanium plates market in 2017 and is expected to continue its dominance over the next eight years. The presence of major aircraft manufacturers such as Boeing, Airbus, and Lockheed Martin along with other industries that use titanium for manufacturing components are some of the key factors contributing to this growth. China is one of the largest producers and consumers of these products globally owing to rapid industrialization coupled with a strong demand from end-use industries such as aerospace, military, automotive etc.
The North America market was valued at USD X million in 2017 owing to high demand from end-use applications including aerospace & defense industry coupled with increasing investments by governments for building new infrastructure projects such as bridges/roadways/airports etc., which requires large quantities of Titanium Plates (Ti). The U.S.
Growth Factors:
- Increasing demand from end-use industries such as construction, automotive and aerospace is expected to drive the titanium plates market growth over the forecast period.
- Growing popularity of lightweight and high-strength materials in various applications is projected to boost titanium plates demand.
- Rising investment in research and development for new product launches is likely to propel titanium plates market growth during the forecast period.
- Increasing use of titanium plates in medical implants owing to its biocompatibility properties is anticipated to fuel the market growth over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Titanium Plates Market Research Report
By Type
Global Titanium Plates Market Size Growth Rate by Thickness, Below 10mm, 10-50mm, 50-100mm, Above 100mm
By Application
Military Industry, Aerospace, Petrochemicals, Industrial, Medical, Others
By Companies
Ansteel, BAOTI, Shaanxi Xingsheng Titanium, Baoji Wanrui Metal, Western Metal Materials, Baoji Tichang, Xiangtou Goldsky Titanium, Aakash Steel, Kobe Steel, Hermith GmbH, Natural Steel, Nova Steel Corporation, BYSTN, TI-LEADER
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Titanium Plates Market Report Segments:
The global Titanium Plates market is segmented on the basis of:
Types
Global Titanium Plates Market Size Growth Rate by Thickness, Below 10mm, 10-50mm, 50-100mm, Above 100mm
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
Military Industry, Aerospace, Petrochemicals, Industrial, Medical, Others
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:
- Ansteel
- BAOTI
- Shaanxi Xingsheng Titanium
- Baoji Wanrui Metal
- Western Metal Materials
- Baoji Tichang
- Xiangtou Goldsky Titanium
- Aakash Steel
- Kobe Steel
- Hermith GmbH
- Natural Steel
- Nova Steel Corporation
- BYSTN
- TI-LEADER
Highlights of The Titanium Plates 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:
- Global Titanium Plates Market Size Growth Rate by Thickness
- Below 10mm
- 10-50mm
- 50-100mm
- Above 100mm
- By Application:
- Military Industry
- Aerospace
- Petrochemicals
- Industrial
- Medical
- Others
- 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 Plates 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?
Titanium plates are a type of medical device that are inserted into the body to help support and stabilize bones. They are made from titanium, which is a strong metal that does not corrode or rust.
Some of the major players in the titanium plates market are Ansteel, BAOTI, Shaanxi Xingsheng Titanium, Baoji Wanrui Metal, Western Metal Materials, Baoji Tichang, Xiangtou Goldsky Titanium, Aakash Steel, Kobe Steel, Hermith GmbH, Natural Steel, Nova Steel Corporation, BYSTN, TI-LEADER.
The titanium plates 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 Plates 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 Plates Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Titanium Plates 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 Plates 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 Plates Market Size & Forecast, 2020-2028
4.5.1 Titanium Plates Market Size and Y-o-Y Growth
4.5.2 Titanium Plates 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 Global Titanium Plates Market Size Growth Rate by Thickness
5.2.2 Below 10mm
5.2.3 10-50mm
5.2.4 50-100mm
5.2.5 Above 100mm
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 Military Industry
6.2.2 Aerospace
6.2.3 Petrochemicals
6.2.4 Industrial
6.2.5 Medical
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Titanium Plates 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 Plates 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 Global Titanium Plates Market Size Growth Rate by Thickness
9.6.2 Below 10mm
9.6.3 10-50mm
9.6.4 50-100mm
9.6.5 Above 100mm
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 Military Industry
9.10.2 Aerospace
9.10.3 Petrochemicals
9.10.4 Industrial
9.10.5 Medical
9.10.6 Others
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 Global Titanium Plates Market Size Growth Rate by Thickness
10.6.2 Below 10mm
10.6.3 10-50mm
10.6.4 50-100mm
10.6.5 Above 100mm
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 Military Industry
10.10.2 Aerospace
10.10.3 Petrochemicals
10.10.4 Industrial
10.10.5 Medical
10.10.6 Others
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 Global Titanium Plates Market Size Growth Rate by Thickness
11.6.2 Below 10mm
11.6.3 10-50mm
11.6.4 50-100mm
11.6.5 Above 100mm
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 Military Industry
11.10.2 Aerospace
11.10.3 Petrochemicals
11.10.4 Industrial
11.10.5 Medical
11.10.6 Others
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 Global Titanium Plates Market Size Growth Rate by Thickness
12.6.2 Below 10mm
12.6.3 10-50mm
12.6.4 50-100mm
12.6.5 Above 100mm
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 Military Industry
12.10.2 Aerospace
12.10.3 Petrochemicals
12.10.4 Industrial
12.10.5 Medical
12.10.6 Others
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 Global Titanium Plates Market Size Growth Rate by Thickness
13.6.2 Below 10mm
13.6.3 10-50mm
13.6.4 50-100mm
13.6.5 Above 100mm
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 Military Industry
13.10.2 Aerospace
13.10.3 Petrochemicals
13.10.4 Industrial
13.10.5 Medical
13.10.6 Others
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 Plates Market: Competitive Dashboard
14.2 Global Titanium Plates Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ansteel
14.3.2 BAOTI
14.3.3 Shaanxi Xingsheng Titanium
14.3.4 Baoji Wanrui Metal
14.3.5 Western Metal Materials
14.3.6 Baoji Tichang
14.3.7 Xiangtou Goldsky Titanium
14.3.8 Aakash Steel
14.3.9 Kobe Steel
14.3.10 Hermith GmbH
14.3.11 Natural Steel
14.3.12 Nova Steel Corporation
14.3.13 BYSTN
14.3.14 TI-LEADER
