Market Overview:
The global titanium mill products 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 mill products in the aviation industry, chemical industry, ocean engineering and shipbuilding industries. In terms of type, the bar segment is expected to hold the largest share of the global titanium mill products market during the forecast period. This can be attributed to its high strength-to-weight ratio and corrosion resistance properties as compared to other types of titanium mill products.
Product Definition:
Titanium mill products are those that have been manufactured by rolling or forging titanium ingots into bars, plates, sheets and wire. These products are important because they provide a way to easily and efficiently produce finished parts from titanium metal.
Bar:
The bar is a common metallic raw material, which is widely used in the titanium mill products. It has several properties such as high strength and corrosion resistance. Bar can be classified on the basis of size as small bar, medium bar and large bar. The small bars are commonly used for welding purposes whereas large bars are majorly employed in industries such as construction equipment and oil & gas extraction applications owing to their high strength properties.
Sheet:
Sheet is a thin metal or plastic plate that is used in the manufacturing of titanium mill products. It has a series of holes along one or both sides which are used to cut the titanium ore into slices. The sheet is then passed through an electric arc where it forms small pieces called chips, which are further processed to form finished products such as bars and powders.
The global market for sheet.
Application Insights:
The other application segment includes construction, automotive & transportation, and electronics industry. The demand for titanium mill products in the construction industry is expected to witness growth at a CAGR of XX% from 2018 to 2030 owing to its ability to withstand corrosion and wear & tear without getting damaged. Titanium mill products are widely used in the automotive sector as they offer high strength and lightweight properties which make them ideal for use in vehicle components such as engine mounts, beams, rollers, bushings along with frames & chassis of vehicles.
In addition titanium also has uses in ocean engineering where it is used for creating mooring lines along with chain plates that are attached across ships¢â‚¬â„¢ hulls on both sides thereby providing additional protection against ship damage caused by rocks or coral reefs during navigation. Furthermore titanium mills provide solutions related to structural components including bulkheads; doors; windows; gaskets; seals; fasteners etc.
Regional Analysis:
Asia Pacific dominated the global titanium mill products market in 2017 and is expected to continue its dominance over the forecast period. The presence of major aircraft manufacturers such as Boeing, Airbus, and Bell Helicopters; large shipbuilding sector in China, Japan, South Korea and India coupled with increasing demand from other end-use industries such as oil & gas exploration are anticipated to drive the regional market growth.
Europe accounted for a significant share of revenue in 2017 owing to high product utilization across several end-use industries including shipbuilding. However Europe is projected to lose out on its share due to stringent environmental regulations by various regulatory bodies such as ECHA (European Commission), REACH (Registration, Evaluation, Authorization) which has hampered production activities within region.
Latin America titanium mill products market is expected witness considerable growth over the forecast period owing rising investments by multinational companies particularly from Brazil who are focusing on reducing their carbon footprint associated with steel production through this process thereby boosting industry expansion rates within region.
Growth Factors:
- Increasing demand from end-use industries such as aerospace, automotive and medical sectors
- Growing popularity of titanium alloys in the defense sector
- Rising investment in research and development activities for the development of new titanium mill products
- Increasing use of titanium mill products in lightweight applications to reduce fuel consumption
- Growing demand for customized titanium mill products
Scope Of The Report
Report Attributes
Report Details
Report Title
Titanium Mill Products Market Research Report
By Type
Bar, Sheet, Pipe, Other
By Application
Aviation Industry, Chemical Industry, Ocean Engineering, Ship, Other
By Companies
VSMPO-AVISMA, Timet, RTI, ATI, OSAKA Titanium, Toho Titanium, KV-Titan, BaoTi, Western Metal Materials, Pangang Group, Zhongbei Tai Ye, Baosteel Group, Western Superconducting Technologies
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Titanium Mill Products Market Report Segments:
The global Titanium Mill Products market is segmented on the basis of:
Types
Bar, Sheet, Pipe, 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
Aviation Industry, Chemical Industry, Ocean Engineering, Ship, 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:
- VSMPO-AVISMA
- Timet
- RTI
- ATI
- OSAKA Titanium
- Toho Titanium
- KV-Titan
- BaoTi
- Western Metal Materials
- Pangang Group
- Zhongbei Tai Ye
- Baosteel Group
- Western Superconducting Technologies
Highlights of The Titanium Mill Products 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:
- Bar
- Sheet
- Pipe
- Other
- By Application:
- Aviation Industry
- Chemical Industry
- Ocean Engineering
- Ship
- 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 Mill Products 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 mill products are a type of titanium dioxide that is used in the production of paints, coatings, and other industrial products.
Some of the key players operating in the titanium mill products market are VSMPO-AVISMA, Timet, RTI, ATI, OSAKA Titanium, Toho Titanium, KV-Titan, BaoTi, Western Metal Materials, Pangang Group, Zhongbei Tai Ye, Baosteel Group, Western Superconducting Technologies.
The titanium mill products market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Titanium Mill Products 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 Mill Products Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Titanium Mill Products Market - Supply Chain
4.5. Global Titanium Mill Products Market Forecast
4.5.1. Titanium Mill Products Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Titanium Mill Products Market Size (000 Units) and Y-o-Y Growth
4.5.3. Titanium Mill Products Market Absolute $ Opportunity
5. Global Titanium Mill Products 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 Mill Products Market Size and Volume Forecast by Type
5.3.1. Bar
5.3.2. Sheet
5.3.3. Pipe
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Titanium Mill Products 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 Mill Products Market Size and Volume Forecast by Application
6.3.1. Aviation Industry
6.3.2. Chemical Industry
6.3.3. Ocean Engineering
6.3.4. Ship
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Titanium Mill Products 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 Mill Products 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 Mill Products 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 Mill Products 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 Mill Products Demand Share Forecast, 2019-2029
9. North America Titanium Mill Products 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 Mill Products 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 Mill Products Market Size and Volume Forecast by Application
9.4.1. Aviation Industry
9.4.2. Chemical Industry
9.4.3. Ocean Engineering
9.4.4. Ship
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Titanium Mill Products Market Size and Volume Forecast by Type
9.7.1. Bar
9.7.2. Sheet
9.7.3. Pipe
9.7.4. 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 Mill Products Demand Share Forecast, 2019-2029
10. Latin America Titanium Mill Products 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 Mill Products 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 Mill Products Market Size and Volume Forecast by Application
10.4.1. Aviation Industry
10.4.2. Chemical Industry
10.4.3. Ocean Engineering
10.4.4. Ship
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Titanium Mill Products Market Size and Volume Forecast by Type
10.7.1. Bar
10.7.2. Sheet
10.7.3. Pipe
10.7.4. 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 Mill Products Demand Share Forecast, 2019-2029
11. Europe Titanium Mill Products 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 Mill Products 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 Mill Products Market Size and Volume Forecast by Application
11.4.1. Aviation Industry
11.4.2. Chemical Industry
11.4.3. Ocean Engineering
11.4.4. Ship
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Titanium Mill Products Market Size and Volume Forecast by Type
11.7.1. Bar
11.7.2. Sheet
11.7.3. Pipe
11.7.4. 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 Mill Products Demand Share, 2019-2029
12. Asia Pacific Titanium Mill Products 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 Mill Products 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 Mill Products Market Size and Volume Forecast by Application
12.4.1. Aviation Industry
12.4.2. Chemical Industry
12.4.3. Ocean Engineering
12.4.4. Ship
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Titanium Mill Products Market Size and Volume Forecast by Type
12.7.1. Bar
12.7.2. Sheet
12.7.3. Pipe
12.7.4. 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 Mill Products Demand Share, 2019-2029
13. Middle East & Africa Titanium Mill Products 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 Mill Products 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 Mill Products Market Size and Volume Forecast by Application
13.4.1. Aviation Industry
13.4.2. Chemical Industry
13.4.3. Ocean Engineering
13.4.4. Ship
13.4.5. 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 Mill Products Market Size and Volume Forecast by Type
13.7.1. Bar
13.7.2. Sheet
13.7.3. Pipe
13.7.4. 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 Mill Products Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Titanium Mill Products Market: Market Share Analysis
14.2. Titanium Mill Products Distributors and Customers
14.3. Titanium Mill Products Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. VSMPO-AVISMA
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Timet
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. RTI
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. ATI
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. OSAKA Titanium
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Toho Titanium
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. KV-Titan
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. BaoTi
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Western Metal Materials
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Pangang Group
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Zhongbei Tai Ye
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Baosteel Group
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Western Superconducting Technologies
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
