Market Overview:
The global titanium-based alloys 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-based alloys in the airline industry, power stations, military, and other applications. In terms of type, the alpha titanium alloy segment is expected to lead the global titanium-based alloys market during the forecast period. In terms of application, the airline industry segment is projected to lead the global market during 2018–2030.
Product Definition:
Titanium-based alloys are a family of materials that contain titanium as the primary alloying element. They have a wide range of applications, including aerospace, automotive, medical and sporting goods.
Alpha Titanium Alloy:
Alpha titanium alloy is a new addition to the titanium family. It was developed by adding small quantities of other metals to titanium. The result is an alloy with better mechanical properties at a relatively low cost. Alpha alloys have been used in applications where high strength and corrosion resistance are required, such as turbine blades for gas turbines and marine propellers, because of their ability to withstand higher temperatures than beta or gamma alloys without deforming or losing their shape.
Beta Titanium Alloy:
Beta titanium alloy is a member of the titanium family. It has properties such as high strength, corrosion resistance and excellent hardness. The beta condition shows low absorption coefficient and good weldability in comparison with alpha titanium alloys. Beta Titanium can be used for applications where high-strength, lightweight materials are required along with good corrosion resistance and hardenability.
Application Insights:
The airline industry was the largest application segment in 2017 and accounted for 34.1% of the total revenue share. The product is widely used in aircraft components including landing gear doors, engine cowls, body-in-white, airframe panels and leading and trailing edge flaps on each side of an aircraft. Titanium based alloys are also used to manufacture structural parts of an aircraft such as a door frame that requires high strength with light weight.
Demand from other applications segments include power stations (grid storage), military (armored vehicles & tanks) and industrial machinery & equipment manufacturing industries (turbine blades). In power stations, titaniumbased alloys are mainly used for making electrical equipment such as transformers that operate at high temperatures over 1,200°C.
Regional Analysis:
Asia Pacific was the largest market in 2016 and accounted for a revenue share of over 45%. The region is expected to continue its dominance over the forecast period. This can be attributed to increasing titanium consumption in various applications, including aerospace, automotive, energy & power generation sectors.
The demand for titanium-based alloys in North America is projected to grow at a significant rate from 2017 to 2030 owing to growing use of these products in wind turbines and solar panels. In addition, rising need for lightweight materials with superior strength properties will drive industry growth over the coming years.
Europe was another major consumer as it has been one of the leading producers of automobiles since ancient times coupled with technological advancements made by companies such as Volkswagen Group; BMW AG; Mercedes Benz AG; Fiat Chrysler Automobiles N.V.; Ferrari S.pA.; Renault SNCF SA; Daimler AG etc.
Growth Factors:
- Increasing demand from aerospace and defense sectors
- Growing popularity of titanium alloys in medical implants and prosthetics
- Rising demand for lightweight materials in automotive industry
- Increasing use of titanium alloys in construction and infrastructure projects
- Growing consumption of titanium alloys in consumer electronics
Scope Of The Report
Report Attributes
Report Details
Report Title
Titanium-based Alloys Market Research Report
By Type
Alpha Titanium Alloy, Beta Titanium Alloy, Alpha + Beta Titanium Alloy
By Application
Airline Industry, Power Stations, Military, Other
By Companies
Zimmer Biomet, Dentsply, Invibio, Wright Medical Group N.V., DSM Biomedical, Heraeus Medical Components, Carpenter Technology, ...
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Titanium-based Alloys Market Report Segments:
The global Titanium-based Alloys market is segmented on the basis of:
Types
Alpha Titanium Alloy, Beta Titanium Alloy, Alpha + Beta Titanium Alloy
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
Airline Industry, Power Stations, Military, 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:
- Zimmer Biomet
- Dentsply
- Invibio
- Wright Medical Group N.V.
- DSM Biomedical
- Heraeus Medical Components
- Carpenter Technology
- ...
Highlights of The Titanium-based Alloys 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:
- Alpha Titanium Alloy
- Beta Titanium Alloy
- Alpha + Beta Titanium Alloy
- By Application:
- Airline Industry
- Power Stations
- Military
- 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-based Alloys 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-based alloys are a type of metal alloy that is made up of titanium and other elements. These alloys are strong and durable, making them ideal for use in products such as aircrafts, cars, and medical devices.
Some of the major companies in the titanium-based alloys market are Zimmer Biomet, Dentsply, Invibio, Wright Medical Group N.V., DSM Biomedical, Heraeus Medical Components, Carpenter Technology.
The titanium-based alloys market is expected to register a CAGR of 5.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Titanium-based Alloys 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-based Alloys Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Titanium-based Alloys Market - Supply Chain
4.5. Global Titanium-based Alloys Market Forecast
4.5.1. Titanium-based Alloys Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Titanium-based Alloys Market Size (000 Units) and Y-o-Y Growth
4.5.3. Titanium-based Alloys Market Absolute $ Opportunity
5. Global Titanium-based Alloys 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-based Alloys Market Size and Volume Forecast by Type
5.3.1. Alpha Titanium Alloy
5.3.2. Beta Titanium Alloy
5.3.3. Alpha + Beta Titanium Alloy
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Titanium-based Alloys 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-based Alloys Market Size and Volume Forecast by Application
6.3.1. Airline Industry
6.3.2. Power Stations
6.3.3. Military
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Titanium-based Alloys 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-based Alloys 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-based Alloys 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-based Alloys 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-based Alloys Demand Share Forecast, 2019-2029
9. North America Titanium-based Alloys 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-based Alloys 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-based Alloys Market Size and Volume Forecast by Application
9.4.1. Airline Industry
9.4.2. Power Stations
9.4.3. Military
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Titanium-based Alloys Market Size and Volume Forecast by Type
9.7.1. Alpha Titanium Alloy
9.7.2. Beta Titanium Alloy
9.7.3. Alpha + Beta Titanium Alloy
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-based Alloys Demand Share Forecast, 2019-2029
10. Latin America Titanium-based Alloys 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-based Alloys 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-based Alloys Market Size and Volume Forecast by Application
10.4.1. Airline Industry
10.4.2. Power Stations
10.4.3. Military
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Titanium-based Alloys Market Size and Volume Forecast by Type
10.7.1. Alpha Titanium Alloy
10.7.2. Beta Titanium Alloy
10.7.3. Alpha + Beta Titanium Alloy
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-based Alloys Demand Share Forecast, 2019-2029
11. Europe Titanium-based Alloys 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-based Alloys 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-based Alloys Market Size and Volume Forecast by Application
11.4.1. Airline Industry
11.4.2. Power Stations
11.4.3. Military
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Titanium-based Alloys Market Size and Volume Forecast by Type
11.7.1. Alpha Titanium Alloy
11.7.2. Beta Titanium Alloy
11.7.3. Alpha + Beta Titanium Alloy
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-based Alloys Demand Share, 2019-2029
12. Asia Pacific Titanium-based Alloys 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-based Alloys 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-based Alloys Market Size and Volume Forecast by Application
12.4.1. Airline Industry
12.4.2. Power Stations
12.4.3. Military
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Titanium-based Alloys Market Size and Volume Forecast by Type
12.7.1. Alpha Titanium Alloy
12.7.2. Beta Titanium Alloy
12.7.3. Alpha + Beta Titanium Alloy
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-based Alloys Demand Share, 2019-2029
13. Middle East & Africa Titanium-based Alloys 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-based Alloys 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-based Alloys Market Size and Volume Forecast by Application
13.4.1. Airline Industry
13.4.2. Power Stations
13.4.3. Military
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Titanium-based Alloys Market Size and Volume Forecast by Type
13.7.1. Alpha Titanium Alloy
13.7.2. Beta Titanium Alloy
13.7.3. Alpha + Beta Titanium Alloy
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-based Alloys Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Titanium-based Alloys Market: Market Share Analysis
14.2. Titanium-based Alloys Distributors and Customers
14.3. Titanium-based Alloys Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Zimmer Biomet
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Dentsply
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Invibio
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Wright Medical Group N.V.
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. DSM Biomedical
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Heraeus Medical Components
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Carpenter Technology
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. ...
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
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
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
