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PUBLISHER: IMARC | PRODUCT CODE: 1702127
PUBLISHER: IMARC | PRODUCT CODE: 1702127
Titanium Alloy Market Report by Microstructure (Alpha and Near-alpha Alloy, Alpha-beta Alloy, Beta Alloy), End Use Industry (Aerospace, Automotive and Shipbuilding, Chemical, Power and Desalination, and Others), and Region 2025-2033
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PAGES: 138 Pages
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The global titanium alloy market size reached USD 5.2 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 8.1 Billion by 2033, exhibiting a growth rate (CAGR) of 4.89% during 2025-2033. Currently, the Asia-Pacific region holds the largest market share, fueled by expanding industrial applications, increasing investments, and the region's strong manufacturing base for high-performance materials.
Titanium alloys are metals obtained by the homogeneous mixture of pure titanium mixed with other metals in small quantities, such as palladium, vanadium, aluminum, iron, molybdenum, and tin. They are widely used to manufacture high-performance materials, such as steam turbine blades, autoclaves, airframes, missile fuel tanks, orthopedic pins and screws, and automobile parts. Titanium alloys offer high tensile strength, biocompatibility, toughness, and corrosion resistance. They also exhibit low density, which helps them withstand extreme temperatures without breaking or chipping. As a result, they find extensive applications across the aerospace, transportation, power generation, chemical, utilities, automotive, and healthcare industries.
Titanium Alloy Market Trends:
The global titanium alloy market is primarily being driven by significant growth in the aerospace industry. Titanium alloys are widely used to make aero-engines, aircraft turbines, airframes, armor plating, spacecraft, landing gear, and hydraulic tubing. In line with this, the extensive product incorporation in missiles, airplanes, and rockets, owing to their high strength-to-density ratio, resistance to seawater, low weight strength, and high temperatures is favoring the market growth. Additionally, the integration of three-dimensional (3D) printing technology to develop super-strong, highly ductile, lightweight, and cost-effective titanium alloys is providing an impetus to the market growth. Moreover, rising demand from the healthcare industry for producing dental and surgical implants, such as denture frameworks and bases, bar connectors, orthodontic wires, hip joints, bone splints, and pacemaker cases, is providing a considerable boost to the market growth. Other factors, including widespread product adoption in the automotive industry to manufacture parts of the internal combustion engine, such as valves and valve springs, and extensive research and development (R&D) activities, are supporting the market growth.
Key Market Segmentation:
Breakup by Microstructure:
- Alpha and Near-alpha Alloy
- Alpha-beta Alloy
- Beta Alloy
Breakup by End Use Industry:
- Aerospace
- Automotive and Shipbuilding
- Chemical
- Power and Desalination
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Allegheny Technologies Incorporated, Altemp Alloys LLC, AMG Advanced Metallurgical Group N.V., Carpenter Technology Corporation, Daido Steel Co. Ltd., Haynes International Inc., Kobe Steel Ltd., Mishra Dhatu Nigam Limited, NeoNickel, Nippon Steel Corporation, Precision Castparts Corp. (Berkshire Hathaway Inc.), thyssenkrupp AG and United Titanium Inc.
Key Questions Answered in This Report
- 1.What was the size of the global titanium alloy market in 2024?
- 2.What is the expected growth rate of the global titanium alloy market during 2025-2033?
- 3.What are the key factors driving the global titanium alloy market?
- 4.What has been the impact of COVID-19 on the global titanium alloy market?
- 5.What is the breakup of the global titanium alloy market based on the microstructure?
- 6.What is the breakup of the global titanium alloy market based on the end use industry?
- 7.What are the key regions in the global titanium alloy market?
- 8.Who are the key players/companies in the global titanium alloy market?
Product Code: SR112025A6205
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Titanium Alloy Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Microstructure
- 6.1 Alpha and Near-alpha Alloy
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Alpha-beta Alloy
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Beta Alloy
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
7 Market Breakup by End Use Industry
- 7.1 Aerospace
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Automotive and Shipbuilding
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Chemical
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Power and Desalination
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Others
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
8 Market Breakup by Region
- 8.1 North America
- 8.1.1 United States
- 8.1.1.1 Market Trends
- 8.1.1.2 Market Forecast
- 8.1.2 Canada
- 8.1.2.1 Market Trends
- 8.1.2.2 Market Forecast
- 8.1.1 United States
- 8.2 Asia-Pacific
- 8.2.1 China
- 8.2.1.1 Market Trends
- 8.2.1.2 Market Forecast
- 8.2.2 Japan
- 8.2.2.1 Market Trends
- 8.2.2.2 Market Forecast
- 8.2.3 India
- 8.2.3.1 Market Trends
- 8.2.3.2 Market Forecast
- 8.2.4 South Korea
- 8.2.4.1 Market Trends
- 8.2.4.2 Market Forecast
- 8.2.5 Australia
- 8.2.5.1 Market Trends
- 8.2.5.2 Market Forecast
- 8.2.6 Indonesia
- 8.2.6.1 Market Trends
- 8.2.6.2 Market Forecast
- 8.2.7 Others
- 8.2.7.1 Market Trends
- 8.2.7.2 Market Forecast
- 8.2.1 China
- 8.3 Europe
- 8.3.1 Germany
- 8.3.1.1 Market Trends
- 8.3.1.2 Market Forecast
- 8.3.2 France
- 8.3.2.1 Market Trends
- 8.3.2.2 Market Forecast
- 8.3.3 United Kingdom
- 8.3.3.1 Market Trends
- 8.3.3.2 Market Forecast
- 8.3.4 Italy
- 8.3.4.1 Market Trends
- 8.3.4.2 Market Forecast
- 8.3.5 Spain
- 8.3.5.1 Market Trends
- 8.3.5.2 Market Forecast
- 8.3.6 Russia
- 8.3.6.1 Market Trends
- 8.3.6.2 Market Forecast
- 8.3.7 Others
- 8.3.7.1 Market Trends
- 8.3.7.2 Market Forecast
- 8.3.1 Germany
- 8.4 Latin America
- 8.4.1 Brazil
- 8.4.1.1 Market Trends
- 8.4.1.2 Market Forecast
- 8.4.2 Mexico
- 8.4.2.1 Market Trends
- 8.4.2.2 Market Forecast
- 8.4.3 Others
- 8.4.3.1 Market Trends
- 8.4.3.2 Market Forecast
- 8.4.1 Brazil
- 8.5 Middle East and Africa
- 8.5.1 Market Trends
- 8.5.2 Market Breakup by Country
- 8.5.3 Market Forecast
9 SWOT Analysis
- 9.1 Overview
- 9.2 Strengths
- 9.3 Weaknesses
- 9.4 Opportunities
- 9.5 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
- 11.1 Overview
- 11.2 Bargaining Power of Buyers
- 11.3 Bargaining Power of Suppliers
- 11.4 Degree of Competition
- 11.5 Threat of New Entrants
- 11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
- 13.1 Market Structure
- 13.2 Key Players
- 13.3 Profiles of Key Players
- 13.3.1 Allegheny Technologies Incorporated
- 13.3.1.1 Company Overview
- 13.3.1.2 Product Portfolio
- 13.3.1.3 Financials
- 13.3.1.4 SWOT Analysis
- 13.3.2 Altemp Alloys LLC
- 13.3.2.1 Company Overview
- 13.3.2.2 Product Portfolio
- 13.3.3 AMG Advanced Metallurgical Group N.V.
- 13.3.3.1 Company Overview
- 13.3.3.2 Product Portfolio
- 13.3.3.3 Financials
- 13.3.4 Carpenter Technology Corporation
- 13.3.4.1 Company Overview
- 13.3.4.2 Product Portfolio
- 13.3.4.3 Financials
- 13.3.4.4 SWOT Analysis
- 13.3.5 Daido Steel Co. Ltd.
- 13.3.5.1 Company Overview
- 13.3.5.2 Product Portfolio
- 13.3.5.3 Financials
- 13.3.5.4 SWOT Analysis
- 13.3.6 Haynes International Inc.
- 13.3.6.1 Company Overview
- 13.3.6.2 Product Portfolio
- 13.3.6.3 Financials
- 13.3.6.4 SWOT Analysis
- 13.3.7 Kobe Steel Ltd.
- 13.3.7.1 Company Overview
- 13.3.7.2 Product Portfolio
- 13.3.7.3 Financials
- 13.3.7.4 SWOT Analysis
- 13.3.8 Mishra Dhatu Nigam Limited
- 13.3.8.1 Company Overview
- 13.3.8.2 Product Portfolio
- 13.3.8.3 Financials
- 13.3.9 NeoNickel
- 13.3.9.1 Company Overview
- 13.3.9.2 Product Portfolio
- 13.3.10 Nippon Steel Corporation
- 13.3.10.1 Company Overview
- 13.3.10.2 Product Portfolio
- 13.3.10.3 Financials
- 13.3.10.4 SWOT Analysis
- 13.3.11 Precision Castparts Corp. (Berkshire Hathaway Inc.)
- 13.3.11.1 Company Overview
- 13.3.11.2 Product Portfolio
- 13.3.12 thyssenkrupp AG
- 13.3.12.1 Company Overview
- 13.3.12.2 Product Portfolio
- 13.3.12.3 Financials
- 13.3.12.4 SWOT Analysis
- 13.3.13 United Titanium Inc.
- 13.3.13.1 Company Overview
- 13.3.13.2 Product Portfolio
- 13.3.1 Allegheny Technologies Incorporated
Product Code: SR112025A6205
List of Figures
- Figure 1: Global: Titanium Alloy Market: Major Drivers and Challenges
- Figure 2: Global: Titanium Alloy Market: Sales Value (in Billion USD), 2019-2024
- Figure 3: Global: Titanium Alloy Market Forecast: Sales Value (in Billion USD), 2025-2033
- Figure 4: Global: Titanium Alloy Market: Breakup by Microstructure (in %), 2024
- Figure 5: Global: Titanium Alloy Market: Breakup by End Use Industry (in %), 2024
- Figure 6: Global: Titanium Alloy Market: Breakup by Region (in %), 2024
- Figure 7: Global: Titanium Alloy (Alpha and Near-alpha Alloy) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 8: Global: Titanium Alloy (Alpha and Near-alpha Alloy) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 9: Global: Titanium Alloy (Alpha-beta Alloy) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 10: Global: Titanium Alloy (Alpha-beta Alloy) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 11: Global: Titanium Alloy (Beta Alloy) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 12: Global: Titanium Alloy (Beta Alloy) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 13: Global: Titanium Alloy (Aerospace) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 14: Global: Titanium Alloy (Aerospace) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 15: Global: Titanium Alloy (Automotive and Shipbuilding) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 16: Global: Titanium Alloy (Automotive and Shipbuilding) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 17: Global: Titanium Alloy (Chemical) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 18: Global: Titanium Alloy (Chemical) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 19: Global: Titanium Alloy (Power and Desalination) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 20: Global: Titanium Alloy (Power and Desalination) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 21: Global: Titanium Alloy (Other End Use Industries) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 22: Global: Titanium Alloy (Other End Use Industries) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 23: North America: Titanium Alloy Market: Sales Value (in Million USD), 2019 & 2024
- Figure 24: North America: Titanium Alloy Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 25: United States: Titanium Alloy Market: Sales Value (in Million USD), 2019 & 2024
- Figure 26: United States: Titanium Alloy Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 27: Canada: Titanium Alloy Market: Sales Value (in Million USD), 2019 & 2024
- Figure 28: Canada: Titanium Alloy Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 29: Asia-Pacific: Titanium Alloy Market: Sales Value (in Million USD), 2019 & 2024
- Figure 30: Asia-Pacific: Titanium Alloy Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 31: China: Titanium Alloy Market: Sales Value (in Million USD), 2019 & 2024
- Figure 32: China: Titanium Alloy Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 33: Japan: Titanium Alloy Market: Sales Value (in Million USD), 2019 & 2024
- Figure 34: Japan: Titanium Alloy Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 35: India: Titanium Alloy Market: Sales Value (in Million USD), 2019 & 2024
- Figure 36: India: Titanium Alloy Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 37: South Korea: Titanium Alloy Market: Sales Value (in Million USD), 2019 & 2024
- Figure 38: South Korea: Titanium Alloy Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 39: Australia: Titanium Alloy Market: Sales Value (in Million USD), 2019 & 2024
- Figure 40: Australia: Titanium Alloy Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 41: Indonesia: Titanium Alloy Market: Sales Value (in Million USD), 2019 & 2024
- Figure 42: Indonesia: Titanium Alloy Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 43: Others: Titanium Alloy Market: Sales Value (in Million USD), 2019 & 2024
- Figure 44: Others: Titanium Alloy Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 45: Europe: Titanium Alloy Market: Sales Value (in Million USD), 2019 & 2024
- Figure 46: Europe: Titanium Alloy Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 47: Germany: Titanium Alloy Market: Sales Value (in Million USD), 2019 & 2024
- Figure 48: Germany: Titanium Alloy Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 49: France: Titanium Alloy Market: Sales Value (in Million USD), 2019 & 2024
- Figure 50: France: Titanium Alloy Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 51: United Kingdom: Titanium Alloy Market: Sales Value (in Million USD), 2019 & 2024
- Figure 52: United Kingdom: Titanium Alloy Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 53: Italy: Titanium Alloy Market: Sales Value (in Million USD), 2019 & 2024
- Figure 54: Italy: Titanium Alloy Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 55: Spain: Titanium Alloy Market: Sales Value (in Million USD), 2019 & 2024
- Figure 56: Spain: Titanium Alloy Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 57: Russia: Titanium Alloy Market: Sales Value (in Million USD), 2019 & 2024
- Figure 58: Russia: Titanium Alloy Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 59: Others: Titanium Alloy Market: Sales Value (in Million USD), 2019 & 2024
- Figure 60: Others: Titanium Alloy Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 61: Latin America: Titanium Alloy Market: Sales Value (in Million USD), 2019 & 2024
- Figure 62: Latin America: Titanium Alloy Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 63: Brazil: Titanium Alloy Market: Sales Value (in Million USD), 2019 & 2024
- Figure 64: Brazil: Titanium Alloy Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 65: Mexico: Titanium Alloy Market: Sales Value (in Million USD), 2019 & 2024
- Figure 66: Mexico: Titanium Alloy Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 67: Others: Titanium Alloy Market: Sales Value (in Million USD), 2019 & 2024
- Figure 68: Others: Titanium Alloy Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 69: Middle East and Africa: Titanium Alloy Market: Sales Value (in Million USD), 2019 & 2024
- Figure 70: Middle East and Africa: Titanium Alloy Market: Breakup by Country (in %), 2024
- Figure 71: Middle East and Africa: Titanium Alloy Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 72: Global: Titanium Alloy Industry: SWOT Analysis
- Figure 73: Global: Titanium Alloy Industry: Value Chain Analysis
- Figure 74: Global: Titanium Alloy Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Titanium Alloy Market: Key Industry Highlights, 2024 and 2033
- Table 2: Global: Titanium Alloy Market Forecast: Breakup by Microstructure (in Million USD), 2025-2033
- Table 3: Global: Titanium Alloy Market Forecast: Breakup by End Use Industry (in Million USD), 2025-2033
- Table 4: Global: Titanium Alloy Market Forecast: Breakup by Region (in Million USD), 2025-2033
- Table 5: Global: Titanium Alloy Market: Competitive Structure
- Table 6: Global: Titanium Alloy Market: Key Players
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