Market Overview:
The global titanium silicon alloy 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 silicon alloys in various end-use industries, such as bearings assembly, ballast, and casting. In addition, the growing demand for lightweight and high-strength materials is also contributing to the growth of the global titanium silicon alloy market. Based on type, TiSi alloys are expected to account for a major share of the global titanium silicon alloy market during the forecast period. TiSi alloys are widely used in various end-use industries owing to their superior properties such as high strength and light weight.
Product Definition:
A titanium silicon alloy is a type of metal that is made up of titanium and silicon. It has a variety of applications, including in the aerospace and medical industries.
TiSi:
Titanium Silicon Alloy is a new material, which has been developed by the joint efforts of titanium and silicon vendors. It contains about 15% to 20% of silicon by weight for high electrical efficiency. The product was first manufactured in 2000; however, its commercialization dates back to the early 90s.
TiSi2:
TiSi2 is a new material that was developed by the American scientists. It has almost similar properties like titanium and silicon. The main difference between them is, TiSi2 contains 2% of tin as an alloying element instead of 1% of titanium. This helps to reduce the melting temperature and also increases electrical conductivity in comparison with pure titanium metal.
Application Insights:
Bearing assembly was the largest application segment in 2017 and is projected to witness significant growth over the forecast period. The product has a low thermal conductivity, high strength, and good wear resistance which makes it suitable for use in bearings that operate at high temperatures. It also helps reduce friction levels owing to its excellent lubrication properties.
Ballast application is expected to witness sluggish growth due to declining demand from other applications such as anode rod or electrode rods used in electrochemical batteries. However, rising demand for electric vehicles from major markets such as U.S.
Regional Analysis:
Asia Pacific dominated the global titanium silicon alloy market in terms of volume share and is expected to grow at a CAGR of XX% from 2018 to 2030. This growth can be attributed to the high demand for electric vehicles in China, India, Japan and other Asian countries coupled with rising investments by key players in developing new products based on Titanium Silicon Alloys (TSA). For instance, Nippon Steel & Sumitomo Metal Corporation has developed a T6Si5N6 product that is used as an alternative for steel with similar properties.
North America accounted for over 15% of the total revenue share in 2017 owing to growing automotive production especially after 2020 when compared with original equipment manufacturers (OEMs) or Original Equipment Manufacturers (OEMs).
Growth Factors:
- Increasing demand from end-use industries such as aerospace, automotive and medical sectors
- Growing popularity of titanium silicon alloys in the defense sector due to their high strength-to-weight ratio
- Rising investments by key players in research and development to develop new applications for titanium silicon alloys
- Technological advancements that have led to the development of superior quality titanium silicon alloys
- Growing demand for lightweight and corrosion resistant materials in various end-use industries
Scope Of The Report
Report Attributes
Report Details
Report Title
Titanium Silicon Alloy Market Research Report
By Type
TiSi, TiSi2, Ti5Si3, Other
By Application
Bearing Assembly, Ballast, Casting
By Companies
Goodfellow, Plansee, Nexteck, Lesker
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
201
Number of Tables & Figures
141
Customization Available
Yes, the report can be customized as per your need.
Global Titanium Silicon Alloy Market Report Segments:
The global Titanium Silicon Alloy market is segmented on the basis of:
Types
TiSi, TiSi2, Ti5Si3, Other
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
Bearing Assembly, Ballast, Casting
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:
- Goodfellow
- Plansee
- Nexteck
- Lesker
Highlights of The Titanium Silicon Alloy 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:
- TiSi
- TiSi2
- Ti5Si3
- Other
- By Application:
- Bearing Assembly
- Ballast
- Casting
- 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 Silicon Alloy 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 Silicon Alloy is a type of alloy that is made up of titanium and silicon. This alloy is often used in products that need to be strong but also lightweight, such as aircraft parts and medical implants.
Some of the key players operating in the titanium silicon alloy market are Goodfellow, Plansee, Nexteck, Lesker.
The titanium silicon alloy market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Titanium Silicon Alloy 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 Silicon Alloy Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Titanium Silicon Alloy 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 Silicon Alloy 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 Silicon Alloy Market Size & Forecast, 2020-2028 4.5.1 Titanium Silicon Alloy Market Size and Y-o-Y Growth 4.5.2 Titanium Silicon Alloy 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 TiSi
5.2.2 TiSi2
5.2.3 Ti5Si3
5.2.4 Other
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 Bearing Assembly
6.2.2 Ballast
6.2.3 Casting
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Titanium Silicon Alloy 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 Silicon Alloy 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 TiSi
9.6.2 TiSi2
9.6.3 Ti5Si3
9.6.4 Other
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 Bearing Assembly
9.10.2 Ballast
9.10.3 Casting
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 TiSi
10.6.2 TiSi2
10.6.3 Ti5Si3
10.6.4 Other
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 Bearing Assembly
10.10.2 Ballast
10.10.3 Casting
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 TiSi
11.6.2 TiSi2
11.6.3 Ti5Si3
11.6.4 Other
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 Bearing Assembly
11.10.2 Ballast
11.10.3 Casting
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 TiSi
12.6.2 TiSi2
12.6.3 Ti5Si3
12.6.4 Other
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 Bearing Assembly
12.10.2 Ballast
12.10.3 Casting
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 TiSi
13.6.2 TiSi2
13.6.3 Ti5Si3
13.6.4 Other
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 Bearing Assembly
13.10.2 Ballast
13.10.3 Casting
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 Silicon Alloy Market: Competitive Dashboard
14.2 Global Titanium Silicon Alloy Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Goodfellow
14.3.2 Plansee
14.3.3 Nexteck
14.3.4 Lesker