11630 SW 97 Street, Miami, Florida 33176, US
Advertising Driven Press Release Distribution
Advertising Driven Press Release Distribution
According to the new market research report “Titanium Market by Product Type (Titanium Dioxide, Titanium Metal), Titanium Dioxide By End-use Industry, Titanium Metal By End-use Industry and Region (North America, Europe, Asia-Pacific, MEA & South America) – Global Forecast to 2026“, The global titanium market size is expected to grow from USD 24.7 billion in 2021 to USD 33.5 billion by 2026, at a CAGR of 6.3% during the forecast period. Titanium dioxide is extensively being used in the paints & coatings, plastics & rubber, paper, other end-use industries. Titanium metal get widely used in aerospace & defense, chemical & process industry, energy & power, desalination, and other industries.
Don’t miss out on business opportunities in Titanium Market
Speak to our analyst and gain crucial industry insights that will help your business grow:
https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=53889164
The titanium dioxide find wide uses in various end-use industries. Some of the major industries include the paints & coatings, plastics & rubber, paper, and others. The increasing demand from these industries is expected to drive the titanium dioxide market during the forecasted period.
Paints & coatings is the largest ens-use industry of titanium dioxide used for variety of applications. Titanium dioxide is utilized in paints and coatings for better coverage, brightness, whiteness, opacity, and durability. It finds applications in architectural coatings, automotive OEM coatings, general industrial finishes, powder coatings, waterborne paints, protective coatings, wood finishes, and other coatings. The rapidly growing housing & construction sector, increasing gross domestic product (GDP), ongoing rapid urbanization, and increasing disposable income propel the paints & coatings market. In addition, technological advancements in the automotive, wood, and other industrial sectors support market growth.
Browse and in-depth TOC on “Titanium Market – Global Forecast to 2026”
261 – Tables
60 – Figures
200 – Pages
View more detailed TOC @ https://www.marketsandmarkets.com/Market-Reports/titanium-market-53889164.html
The global titanium market size is expected to grow from USD 24.7 billion in 2021 to USD 33.5 billion by 2026, at a CAGR of 6.3% during the forecast period. Titanium metal is majorly used in the aerospace industry along with chemical & process, energy & power, Desalination, medical marine, construction and consumer goods. The increasing demand from the aviation industry drives the demand for Titanium metal. Due to the outbreak of COVID-19, the aviation industry was heavily affected and saw a great fall but is eying an upward turn with the passing of 2021.
Titanium metal is majorly used in the production of turbine engines apart from airframes and other components. In turbine engines, titanium is used to manufacture components such as inlet cases, compressor blades, disks, and hubs, as well as spacers and seals. By weight, these turbine engines constitute about 25% of titanium and its alloys. Apart from engine components, titanium is also utilized to manufacture fasteners, landing-gear supports, springs, fail-safe straps, and numerous internal bulkhead and wing-support components in the aerospace industry. These are the major applications of titanium metal. So when the aerospace industry was struggling, the titanium metal market stumbled as well.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=53889164
VSMPO-AVISMA is the among the world’s largest titanium producers. Located in Verkhnyaya Salda, Russia, VSMPO-AVISMA also operates facilities in Ukraine, England, Switzerland, Germany, and the US. The company produces titanium, aluminum, magnesium, and steel alloys. The company serves industries such as aerospace, shipbuilding and underwater depths developing, energy, transportation, natural resources extraction, armor protection, chemical engineering, air and water cleaning, medicine, and sports & leisure.
Titanium Metals Corporation was established in 1950 and provides nearly one fifth of the world’s total titanium. It is among the industry leaders in mill and melted products. The company has a wide global presence with manufacturing plants in both North America and Europe. The company is the sole manufacturer of titanium sponge in the US. It manufactures titanium sponge, which is a critical element of titanium metal, the highest quality of which is used to make parts for aircraft structures and engines, munition systems, ground combat vehicles, and ships.
Browse Adjacent Markets @ Chemicals Market Research Reports & Consulting
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
Email: newsletter@marketsandmarkets.com
Research Insights: https://www.marketsandmarkets.com/ResearchInsight/titanium-market.asp
For exclusive content regarding the latest trends in the world of Press Release distribution.
