Market Overview:
The global titanium tubing market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for titanium tubing from the aerospace industry, heat-exchangers, and oil and gas industry. North America is expected to lead the global titanium tubing market in terms of revenue during the forecast period. Asia Pacific is projected to be the fastest-growing region in terms of CAGR during the forecast period.
Product Definition:
Titanium tubing is a type of tube made from titanium. It has many applications, including aerospace and medical uses. Its properties include high strength-to-weight ratio, resistance to corrosion and fatigue, and low thermal expansion. These features make it an ideal material for use in demanding applications where weight or corrosive environments are factors.
Straight Tubes:
Straight tubes are used to manufacture titanium tubing. It is a cylindrical piece of metal with nearly round cross-section, which is produced by extrusion process and can be further processed using standard shaping tools. The major raw materials involved in the production of straight tube include titanium, aluminum & steel alloys and other metals such as copper & nickel.
U-Bent Tubes:
U-bent tubes are used in titanium tubing market for manufacturing medical devices and components. The major application of U-bent tubes is to produce titanium alloy pipes which are widely used in the oil & gas industry. These products have a number of properties such as high corrosion resistance, excellent mechanical strength, good electrical properties and ductility which makes them suitable for use in medical equipment manufacturing.
The global u bent tubes production was estimated at 685 thousand tons in 2014.
Application Insights:
The aerospace industry was the largest application segment in 2016 and is expected to witness significant growth over the forecast period. Titanium tubing is used in aircraft interiors as it does not get oxidized even when exposed to high temperatures. In addition, titanium alloys are preferred for manufacturing these tubes as they offer better corrosion resistance compared with other metals.
Heat exchangers are used for industrial processing of various fluids such as acids, alkalis, oils and greases among others. These heat exchangers require a large number of pipes & tubes that can withstand high temperatures without getting deformed or damaged. Thus, titanium alloy tubes have been finding wide applications across chemical industries owing to its excellent strength-to-weight ratio and corrosion resistance properties inherent in it.
Regional Analysis:
Asia Pacific dominated the global titanium tubing market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising demand from end-use industries such as aerospace, automotive, energy and power. In addition, increasing infrastructure activities coupled with rapid industrialization in emerging economies including China and India are anticipated to drive product demand over the forecast period.
The Asia Pacific was followed by Europe which accounted for a revenue share of 23% in 2017 owing to high production volume from major aircraft manufacturers including Airbus S.A., Fokker Services BVBA/KLM Royal Dutch Airlines CSA (KLM) Holding Company and Alenia Aermacchi among others located across countries such as Belgium, France Germany Italy among others.
Growth Factors:
- Increasing demand from the aerospace and defense sectors
- Growing demand for lightweight and corrosion-resistant tubing products
- Rising popularity of titanium alloys in medical implants and other biomedical applications
- Technological advancements that have led to the development of new grades of titanium tubing with enhanced properties
- Growing number of OEMs adopting titanium tubing for various applications
Scope Of The Report
Report Attributes
Report Details
Report Title
Titanium Tubing Market Research Report
By Type
Straight Tubes, U-Bent Tubes
By Application
Aerospace Industry, Heat-Exchangers, Oil and Gas Industry
By Companies
Sandvik (Kanthal), U.S. Titanium Industry, Fine Tubes, Superior Tube, BRISMET, Webco, Uniti Titanium, Analytical Columns, Vascotube, Haynes International, Edgetech Industries, US Titanium Industry, Jaydeep Steels, ABLTi Corporation
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Titanium Tubing Market Report Segments:
The global Titanium Tubing market is segmented on the basis of:
Types
Straight Tubes, U-Bent Tubes
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 Industry, Heat-Exchangers, Oil and Gas 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:
- Sandvik (Kanthal)
- U.S. Titanium Industry
- Fine Tubes
- Superior Tube
- BRISMET
- Webco
- Uniti Titanium
- Analytical Columns
- Vascotube
- Haynes International
- Edgetech Industries
- US Titanium Industry
- Jaydeep Steels
- ABLTi Corporation
Highlights of The Titanium Tubing 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:
- Straight Tubes
- U-Bent Tubes
- By Application:
- Aerospace Industry
- Heat-Exchangers
- Oil and Gas 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 Tubing 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 tubing is a type of metal tubing that is made from titanium. Titanium tubing is often used in medical and scientific equipment because it is strong and durable.
Some of the major companies in the titanium tubing market are Sandvik (Kanthal), U.S. Titanium Industry, Fine Tubes, Superior Tube, BRISMET, Webco, Uniti Titanium, Analytical Columns, Vascotube, Haynes International, Edgetech Industries, US Titanium Industry, Jaydeep Steels, ABLTi Corporation.
The titanium tubing market is expected to grow at a compound annual growth rate of 5.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Titanium Tubing 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 Tubing Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Titanium Tubing Market - Supply Chain
4.5. Global Titanium Tubing Market Forecast
4.5.1. Titanium Tubing Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Titanium Tubing Market Size (000 Units) and Y-o-Y Growth
4.5.3. Titanium Tubing Market Absolute $ Opportunity
5. Global Titanium Tubing 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 Tubing Market Size and Volume Forecast by Type
5.3.1. Straight Tubes
5.3.2. U-Bent Tubes
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Titanium Tubing 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 Tubing Market Size and Volume Forecast by Application
6.3.1. Aerospace Industry
6.3.2. Heat-Exchangers
6.3.3. Oil and Gas Industry
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Titanium Tubing 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 Tubing 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 Tubing 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 Tubing 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 Tubing Demand Share Forecast, 2019-2029
9. North America Titanium Tubing 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 Tubing 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 Tubing Market Size and Volume Forecast by Application
9.4.1. Aerospace Industry
9.4.2. Heat-Exchangers
9.4.3. Oil and Gas Industry
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Titanium Tubing Market Size and Volume Forecast by Type
9.7.1. Straight Tubes
9.7.2. U-Bent Tubes
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 Tubing Demand Share Forecast, 2019-2029
10. Latin America Titanium Tubing 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 Tubing 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 Tubing Market Size and Volume Forecast by Application
10.4.1. Aerospace Industry
10.4.2. Heat-Exchangers
10.4.3. Oil and Gas Industry
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Titanium Tubing Market Size and Volume Forecast by Type
10.7.1. Straight Tubes
10.7.2. U-Bent Tubes
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 Tubing Demand Share Forecast, 2019-2029
11. Europe Titanium Tubing 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 Tubing 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 Tubing Market Size and Volume Forecast by Application
11.4.1. Aerospace Industry
11.4.2. Heat-Exchangers
11.4.3. Oil and Gas Industry
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Titanium Tubing Market Size and Volume Forecast by Type
11.7.1. Straight Tubes
11.7.2. U-Bent Tubes
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 Tubing Demand Share, 2019-2029
12. Asia Pacific Titanium Tubing 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 Tubing 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 Tubing Market Size and Volume Forecast by Application
12.4.1. Aerospace Industry
12.4.2. Heat-Exchangers
12.4.3. Oil and Gas Industry
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Titanium Tubing Market Size and Volume Forecast by Type
12.7.1. Straight Tubes
12.7.2. U-Bent Tubes
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 Tubing Demand Share, 2019-2029
13. Middle East & Africa Titanium Tubing 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 Tubing 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 Tubing Market Size and Volume Forecast by Application
13.4.1. Aerospace Industry
13.4.2. Heat-Exchangers
13.4.3. Oil and Gas 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 Tubing Market Size and Volume Forecast by Type
13.7.1. Straight Tubes
13.7.2. U-Bent Tubes
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 Tubing Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Titanium Tubing Market: Market Share Analysis
14.2. Titanium Tubing Distributors and Customers
14.3. Titanium Tubing Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Sandvik (Kanthal)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. U.S. Titanium Industry
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Fine Tubes
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Superior Tube
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. BRISMET
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Webco
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Uniti Titanium
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Analytical Columns
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Vascotube
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Haynes International
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Edgetech Industries
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. US Titanium Industry
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Jaydeep Steels
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. ABLTi Corporation
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
