Market Overview:
The global titanium seamless tube 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 titanium seamless tubes in various end-use industries, such as aerospace, industrial, automotive and bicycles, and others. In terms of type, the pure titanium segment is expected to hold a major share of the global titanium seamless tube market during the forecast period. This can be attributed to its high strength-to-weight ratio and corrosion resistance properties as compared with other metals.
Product Definition:
Titanium seamless tubing is a tube made from titanium that has been drawn or extruded without any seams. It is important because it is strong and lightweight, making it a good choice for use in aircraft, medical implants, and other applications where weight savings are important.
Pure Titanium:
Pure titanium is a very strong and lightweight metal. It has the highest melting point of any metal, which is why it's used in many applications where high strength & light weight are required. The chemical properties of pure titanium are almost similar to that of platinum; however, it's much lighter than platinum. Pure titanium has an excellent resistance to corrosion and will not get affected by hydrogen gas or oxygen even when exposed for long periods at atmosphere temperature.
Alloy Titanium:
Alloy titanium is a type of titanium that contains other metals such as iron, nickel, aluminum or magnesium. The product has high corrosion resistance and tensile strength which makes it suitable for manufacturing seamless tubes used in the oil & gas industry. It also provides better dimensional stability during casting operations making it suitable for producing larger diameter seamless tubes with higher wall thicknesses.
Application Insights:
Aerospace, industrial, automotive and bicycles are the major application segments of titanium seamless tubes. In 2017, the aerospace segment dominated the market with a revenue share of over 60% in terms of volume as well. The segment is expected to witness significant growth on account of increasing demand for lightweight aircraft components owing to rising fuel prices and environmental concerns regarding carbon emissions from conventional metal products.
The use of titanium seamless tubes in automobiles has been gaining traction due to their ability to reduce weight and increase fuel efficiency at the same time as they reduce vehicular pollution caused by friction heat generated during vehicle movement along with providing an aesthetic appeal while enhancing driver safety features such as impact resistance & strength against corrosion caused by road salt or de-icing chemicals used on roads during winters across various regions globally. Increasing production capacities coupled with growing consumer preference for vehicles equipped with high performance driving dynamics is anticipated drive automotive sales which further supports product demand globally.
Regional Analysis:
Asia Pacific dominated the global titanium seamless tube market in 2017 and is expected to continue its dominance over the next eight years. The presence of major aerospace companies such as Boeing, Airbus, and Lockheed Martin along with other small aircraft manufacturers in countries such as China, India, Thailand has resulted in high demand for titanium products.
The growing automotive industry coupled with increasing investments by various governments for developing infrastructure is anticipated to drive industrial growth which will further propel product demand over the forecast period. Europe accounted for a significant share of revenue owing to high production volume of automobiles including passenger cars and commercial vehicles on account of low manufacturing cost associated with them.
Automotive giants including Volkswagen Group; Mercedes-Benz; BMW AG; Ford Motor Company; Fiat Chrysler Automobiles N.V.; Renault S.A.
Growth Factors:
- Increasing demand from the aerospace and defense sectors
- Growing popularity of titanium alloys in medical implants and prostheses
- Rising demand for lightweight and corrosion-resistant titanium tubes from the automotive industry
- Increasing use of titanium tubes in energy applications such as solar thermal systems and wind turbines
- Technological advancements that are making it possible to produce seamless titanium tubes with better mechanical properties
Scope Of The Report
Report Attributes
Report Details
Report Title
Titanium Seamless Tube Market Research Report
By Type
Pure Titanium, Alloy Titanium
By Application
Aerospace, Industrial, Automotive and Bicycles, Others
By Companies
VSMPO-AVISMA, Western Metal Materials, Baoji Titanium Industry Co., Ltd., Haynes International, TSM Technology, Webco, Sandvik, AMETEK, Jiangsu Hongbao Group, TPS Technitube, VSMPO-AVISMA, Ganpat Industrial Corporation, Kenco Tubes, ABLTi Corporation, Edgetech Industries, Aesteiron Steels LLP
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
169
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Titanium Seamless Tube Market Report Segments:
The global Titanium Seamless Tube market is segmented on the basis of:
Types
Pure Titanium, Alloy 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
Aerospace, Industrial, Automotive and Bicycles, 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:
- VSMPO-AVISMA
- Western Metal Materials
- Baoji Titanium Industry Co., Ltd.
- Haynes International
- TSM Technology
- Webco
- Sandvik
- AMETEK
- Jiangsu Hongbao Group
- TPS Technitube
- VSMPO-AVISMA
- Ganpat Industrial Corporation
- Kenco Tubes
- ABLTi Corporation
- Edgetech Industries
- Aesteiron Steels LLP
Highlights of The Titanium Seamless Tube 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:
- Pure Titanium
- Alloy Titanium
- By Application:
- Aerospace
- Industrial
- Automotive and Bicycles
- 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 Seamless Tube 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
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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 seamless tube is a type of medical tubing made from titanium. It is used to carry blood, fluid, and other medical supplies through the body. Titanium seamless tube is strong and durable, making it a popular choice for medical professionals.
Some of the key players operating in the titanium seamless tube market are VSMPO-AVISMA, Western Metal Materials, Baoji Titanium Industry Co., Ltd., Haynes International, TSM Technology, Webco, Sandvik, AMETEK, Jiangsu Hongbao Group, TPS Technitube, VSMPO-AVISMA, Ganpat Industrial Corporation, Kenco Tubes, ABLTi Corporation, Edgetech Industries, Aesteiron Steels LLP.
The titanium seamless tube market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Titanium Seamless Tube 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 Seamless Tube Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Titanium Seamless Tube 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 Seamless Tube 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 Seamless Tube Market Size & Forecast, 2018-2028
4.5.1 Titanium Seamless Tube Market Size and Y-o-Y Growth
4.5.2 Titanium Seamless Tube Market Absolute $ Opportunity
Chapter 5 Global Titanium Seamless Tube 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 Titanium Seamless Tube Market Size Forecast by Type
5.2.1 Pure Titanium
5.2.2 Alloy Titanium
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Titanium Seamless Tube 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 Titanium Seamless Tube Market Size Forecast by Applications
6.2.1 Aerospace
6.2.2 Industrial
6.2.3 Automotive and Bicycles
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Titanium Seamless Tube 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 Seamless Tube 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 Titanium Seamless Tube Analysis and Forecast
9.1 Introduction
9.2 North America Titanium Seamless Tube 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 Titanium Seamless Tube Market Size Forecast by Type
9.6.1 Pure Titanium
9.6.2 Alloy 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 Titanium Seamless Tube Market Size Forecast by Applications
9.10.1 Aerospace
9.10.2 Industrial
9.10.3 Automotive and Bicycles
9.10.4 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 Titanium Seamless Tube Analysis and Forecast
10.1 Introduction
10.2 Europe Titanium Seamless Tube 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 Titanium Seamless Tube Market Size Forecast by Type
10.6.1 Pure Titanium
10.6.2 Alloy 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 Titanium Seamless Tube Market Size Forecast by Applications
10.10.1 Aerospace
10.10.2 Industrial
10.10.3 Automotive and Bicycles
10.10.4 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 Titanium Seamless Tube Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Titanium Seamless Tube 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 Titanium Seamless Tube Market Size Forecast by Type
11.6.1 Pure Titanium
11.6.2 Alloy 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 Titanium Seamless Tube Market Size Forecast by Applications
11.10.1 Aerospace
11.10.2 Industrial
11.10.3 Automotive and Bicycles
11.10.4 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 Titanium Seamless Tube Analysis and Forecast
12.1 Introduction
12.2 Latin America Titanium Seamless Tube 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 Titanium Seamless Tube Market Size Forecast by Type
12.6.1 Pure Titanium
12.6.2 Alloy 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 Titanium Seamless Tube Market Size Forecast by Applications
12.10.1 Aerospace
12.10.2 Industrial
12.10.3 Automotive and Bicycles
12.10.4 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) Titanium Seamless Tube Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Titanium Seamless Tube 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) Titanium Seamless Tube Market Size Forecast by Type
13.6.1 Pure Titanium
13.6.2 Alloy 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) Titanium Seamless Tube Market Size Forecast by Applications
13.10.1 Aerospace
13.10.2 Industrial
13.10.3 Automotive and Bicycles
13.10.4 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 Seamless Tube Market: Competitive Dashboard
14.2 Global Titanium Seamless Tube Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 VSMPO-AVISMA
14.3.2 Western Metal Materials
14.3.3 Baoji Titanium Industry Co., Ltd.
14.3.4 Haynes International
14.3.5 TSM Technology
14.3.6 Webco
14.3.7 Sandvik
14.3.8 AMETEK
14.3.9 Jiangsu Hongbao Group
14.3.10 TPS Technitube
14.3.11 VSMPO-AVISMA
14.3.12 Ganpat Industrial Corporation
14.3.13 Kenco Tubes
14.3.14 ABLTi Corporation
14.3.15 Edgetech Industries
14.3.16 Aesteiron Steels LLP
