The global titanium alloy scrap market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for titanium in various industries such as aerospace, biomedical, and chemical industry. Titanium is used in these industries due to its high strength-to-weight ratio and corrosion resistance properties. The increasing demand for titanium in these industries has led to an increase in the production of titanium alloys which has resulted in an increase in the production of scrap metal as well. The global titanium alloy scrap market by type includes products, mixed titanium solids, turnings, sworf (residues), rutile scraps (sponge), and recycling methods such as hydrogenation. Products are further classified into aerospace grade products and non-aerospace grade products; mixed titanium solids are further classified into ferrous metals and non-ferrous metals; turnings are further classified into ferrous metals and non-ferrous metals; sworf is further classified into ferrous metals and non-ferrous metals; rutile scraps are further classified into ferrous metal or non-ferrous metal; recycling methods include hydrogenation which is a process that removes oxygen from molten metal by adding hydrogen gas under pressure with a catalyst present on the surface of the molten metal.
Some Of The Growth Factors Of This Market:
- Titanium is a strong, lightweight metal that is resistant to corrosion and has a high melting point.
- The aerospace industry accounts for about 40% of global titanium consumption, followed by the chemical industry (30%), and construction (20%).
- China's production capacity for titanium dioxide pigment has increased significantly in recent years, which has led to an increase in exports from China to other countries such as Japan and South Korea.
- Titanium alloys are used extensively in aircrafts due to their light weight properties.
Industry Growth Insights published a new data on “Titanium Alloy Scrap Market”. The research report is titled “Titanium Alloy Scrap Market research by Types (by Products, Mixed Titanium Solids, Titanium Turnings, Titanium Sworf, RUTILE Scraps, Titanium Sponge / Residues, Other Titanium Scrap, by Recycling Method, Hydrogenation, Other), By Applications (Aerospace, Biomedical, Chemical Industry), By Players/Companies Monico Alloys, Metraco NV, Global Titanium Inc., Goldman Titanium, Gold Metal Recyclers, Minnesota Scrap Metal Recycling, American Pulverizer, TSI Incorporated, Commercial Metals Company, EcoTitanium”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Titanium Alloy Scrap Market Research Report
By Type
by Products, Mixed Titanium Solids, Titanium Turnings, Titanium Sworf, RUTILE Scraps, Titanium Sponge / Residues, Other Titanium Scrap, by Recycling Method, Hydrogenation, Other
By Application
Aerospace, Biomedical, Chemical Industry
By Companies
Monico Alloys, Metraco NV, Global Titanium Inc., Goldman Titanium, Gold Metal Recyclers, Minnesota Scrap Metal Recycling, American Pulverizer, TSI Incorporated, Commercial Metals Company, EcoTitanium
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Titanium Alloy Scrap Market Report Segments:
The global Titanium Alloy Scrap market is segmented on the basis of:
Types
by Products, Mixed Titanium Solids, Titanium Turnings, Titanium Sworf, RUTILE Scraps, Titanium Sponge / Residues, Other Titanium Scrap, by Recycling Method, Hydrogenation, 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
Aerospace, Biomedical, Chemical Industry
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:
- Monico Alloys
- Metraco NV
- Global Titanium Inc.
- Goldman Titanium
- Gold Metal Recyclers
- Minnesota Scrap Metal Recycling
- American Pulverizer
- TSI Incorporated
- Commercial Metals Company
- EcoTitanium
Highlights of The Titanium Alloy Scrap 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:
- by Products
- Mixed Titanium Solids
- Titanium Turnings
- Titanium Sworf
- RUTILE Scraps
- Titanium Sponge / Residues
- Other Titanium Scrap
- by Recycling Method
- Hydrogenation
- Other
- By Application:
- Aerospace
- Biomedical
- Chemical Industry
- 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 Alloy Scrap 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.
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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 alloy scrap is a type of metal that is made from titanium. It is a very strong metal and can be used in many different ways. Titanium alloy scrap can be used to make things like tools, weapons, and other objects.
Some of the major players in the titanium alloy scrap market are Monico Alloys, Metraco NV, Global Titanium Inc., Goldman Titanium, Gold Metal Recyclers, Minnesota Scrap Metal Recycling, American Pulverizer, TSI Incorporated, Commercial Metals Company, EcoTitanium.
The titanium alloy scrap market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Titanium Alloy Scrap Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Titanium Alloy Scrap Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Titanium Alloy Scrap Market - Supply Chain
4.5. Global Titanium Alloy Scrap Market Forecast
4.5.1. Titanium Alloy Scrap Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Titanium Alloy Scrap Market Size (000 Units) and Y-o-Y Growth
4.5.3. Titanium Alloy Scrap Market Absolute $ Opportunity
5. Global Titanium Alloy Scrap Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Titanium Alloy Scrap Market Size and Volume Forecast by Type
5.3.1. by Products
5.3.2. Mixed Titanium Solids
5.3.3. Titanium Turnings
5.3.4. Titanium Sworf
5.3.5. RUTILE Scraps
5.3.6. Titanium Sponge / Residues
5.3.7. Other Titanium Scrap
5.3.8. by Recycling Method
5.3.9. Hydrogenation
5.3.10. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Titanium Alloy Scrap Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Titanium Alloy Scrap Market Size and Volume Forecast by Application
6.3.1. Aerospace
6.3.2. Biomedical
6.3.3. Chemical Industry
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Titanium Alloy Scrap Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Titanium Alloy Scrap Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Titanium Alloy Scrap Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Titanium Alloy Scrap Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Titanium Alloy Scrap Demand Share Forecast, 2019-2026
9. North America Titanium Alloy Scrap Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Titanium Alloy Scrap Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Titanium Alloy Scrap Market Size and Volume Forecast by Application
9.4.1. Aerospace
9.4.2. Biomedical
9.4.3. Chemical Industry
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Titanium Alloy Scrap Market Size and Volume Forecast by Type
9.7.1. by Products
9.7.2. Mixed Titanium Solids
9.7.3. Titanium Turnings
9.7.4. Titanium Sworf
9.7.5. RUTILE Scraps
9.7.6. Titanium Sponge / Residues
9.7.7. Other Titanium Scrap
9.7.8. by Recycling Method
9.7.9. Hydrogenation
9.7.10. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Titanium Alloy Scrap Demand Share Forecast, 2019-2026
10. Latin America Titanium Alloy Scrap Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Titanium Alloy Scrap Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Titanium Alloy Scrap Market Size and Volume Forecast by Application
10.4.1. Aerospace
10.4.2. Biomedical
10.4.3. Chemical Industry
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Titanium Alloy Scrap Market Size and Volume Forecast by Type
10.7.1. by Products
10.7.2. Mixed Titanium Solids
10.7.3. Titanium Turnings
10.7.4. Titanium Sworf
10.7.5. RUTILE Scraps
10.7.6. Titanium Sponge / Residues
10.7.7. Other Titanium Scrap
10.7.8. by Recycling Method
10.7.9. Hydrogenation
10.7.10. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Titanium Alloy Scrap Demand Share Forecast, 2019-2026
11. Europe Titanium Alloy Scrap Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Titanium Alloy Scrap Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Titanium Alloy Scrap Market Size and Volume Forecast by Application
11.4.1. Aerospace
11.4.2. Biomedical
11.4.3. Chemical Industry
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Titanium Alloy Scrap Market Size and Volume Forecast by Type
11.7.1. by Products
11.7.2. Mixed Titanium Solids
11.7.3. Titanium Turnings
11.7.4. Titanium Sworf
11.7.5. RUTILE Scraps
11.7.6. Titanium Sponge / Residues
1.7.7. Other Titanium Scrap
11.7.8. by Recycling Method
11.7.9. Hydrogenation
11.7.10. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Titanium Alloy Scrap Demand Share, 2019-2026
12. Asia Pacific Titanium Alloy Scrap Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Titanium Alloy Scrap Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Titanium Alloy Scrap Market Size and Volume Forecast by Application
12.4.1. Aerospace
12.4.2. Biomedical
12.4.3. Chemical Industry
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Titanium Alloy Scrap Market Size and Volume Forecast by Type
12.7.1. by Products
12.7.2. Mixed Titanium Solids
12.7.3. Titanium Turnings
12.7.4. Titanium Sworf
12.7.5. RUTILE Scraps
12.7.6. Titanium Sponge / Residues
12.7.7. Other Titanium Scrap
12.7.8. by Recycling Method
12.7.9. Hydrogenation
12.7.10. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Titanium Alloy Scrap Demand Share, 2019-2026
13. Middle East & Africa Titanium Alloy Scrap Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Titanium Alloy Scrap Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Titanium Alloy Scrap Market Size and Volume Forecast by Application
13.4.1. Aerospace
13.4.2. Biomedical
13.4.3. Chemical Industry
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Titanium Alloy Scrap Market Size and Volume Forecast by Type
13.7.1. by Products
13.7.2. Mixed Titanium Solids
13.7.3. Titanium Turnings
13.7.4. Titanium Sworf
13.7.5. RUTILE Scraps
13.7.6. Titanium Sponge / Residues
13.7.7. Other Titanium Scrap
13.7.8. by Recycling Method
13.7.9. Hydrogenation
13.7.10. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Titanium Alloy Scrap Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Titanium Alloy Scrap Market: Market Share Analysis
14.2. Titanium Alloy Scrap Distributors and Customers
14.3. Titanium Alloy Scrap Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Monico Alloys
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Metraco NV
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Global Titanium Inc.
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Goldman Titanium
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Gold Metal Recyclers
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Minnesota Scrap Metal Recycling
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. American Pulverizer
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. TSI Incorporated
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Commercial Metals Company
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. EcoTitanium
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
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