Titanium Metal Market Size Analysis, Trends, Top Manufacturers, Share, Growth, Statistics, Opportunities and Forecast to

1. Titanium Metal Market Research Report - Forecast to 2023 Industry Survey, Growth, Competitive Landscapeand Forecasts to 2023 PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)

2. Titanium Metal Market Research Report- Forecast to 2023 Titanium Metal Market -Overview Market Research Future (MRFR) estimates the Global Titanium Metal Market size to touch USD 1,823 million by 2023. It can exhibit 6.17% CAGR from 2018 to 2023 (forecast period). The market is set to soar thanks to heavy demand from the aerospace industry. This can be attributed to characteristics of high corrosion resistance, capacity to handle high temperatures, and high tensile strength to density ratio. Moreover, demand of titanium for the production of lightweight and fuel-efficient military aircraft can fuel the Titanium Metal Market. The corrosion resistant nature of Titanium has provided the market scope to expand in the medical industry. Devices and equipment such as toe implants, breast implants, retractors, tweezers, and others are produced using the metal owing to its natural compatibility with the human body. Furthermore, the uptick noticed in cosmetic surgeries in 2017 owing to affordability and rise in per capita income of consumers can spur the Titanium Metal Market growth. Sports and recreational equipment can induce the demand in the Titanium Metal Market owing to popularity of sports made possible by televised events. Awareness of benefits of sports coupled with rising health-consciousness levels among consumers can drive the market growth. The use of titanium in chemical processing equipment such as reactors, electric tanks, and pressure vessels due to the ability of the metal in handling high temperatures can spur market growth. www.marketresearchfuture.com

3. Titanium Metal Market Research Report- Forecast to 2023 Segmental Analysis The Global Titanium Metal Market is segmented by Type and Application. By Type, industrial grade accounted for 49% of the Titanium Metal Market in 2017. This can be attributed to heavy demand from aerospace, electronics, power generation, petroleum, and chemical processing sectors. The segment is predicted to touch a valuation of USD 881.9 million by 2023. On the other hand, the medical grade segment can exhibit 6.65% CAGR during the forecast period to accumulate close to USD 715.3 million by 2023. It can accrue close to 79.8 kilotons (KT) by 2023, at a CAGR of 5.68% during the assessment period. By Application, the aerospace segment held nearly 62% share of the Titanium Metal Market in 2017. It can reach a valuation of USD 1,154.6 million and command a demand of 130.3 KT by 2023. Meanwhile, medicinal materials can exhibit 6.17% CAGR over the forecast period to generate USD 237.1 million by 2023. View Full Press Release @ https://www.marketresearchfuture.com/reports/titanium-metal-market-7482 www.marketresearchfuture.com

4. Titanium Metal Market Research Report- Forecast to 2023 Regional Outlook Geographically, the Titanium Metal Market is segmented into Europe, Asia Pacific (APAC), North America, Latin America, and the Middle East & Africa (MEA). The APAC region accounted for 41% share in the Titanium Metal Market owing to demand in major industries such as aerospace, medical, construction, and chemicals. The boom in the aerospace sector due to demand for titanium in civilian and military aircraft is likely to bolster market demand in the region. The region can contribute USD 792.2 million by 2023. The North America Titanium Metal Market can touch a size of USD 498.4 million by 2023 owing to the boom in aerospace and defense sectors. Border tensions coupled with rise in terrorist activities are expected to fuel the market demand exponentially. The region can accumulate a demand of 56.2 KT by 2023. www.marketresearchfuture.com

5. Titanium Metal Market Research Report- Forecast to 2023 Major Players in this Research Titanium Metal Market Prominent Players: • ADMA Products, Inc. (U.S.) • Precision Castparts Corp. (U.S.) • AMETEK Inc. (U.S.) • VSMPO-AVISMA Corporation (Russia) • CRISTAL (Saudi Arabia) • ATI (U.S.) • TOHO TITANIUM CO., LTD. (Japan) • Global Titanium Inc. (U.S.) • OSAKA Titanium Technologies Co., Ltd. (Japan) • Metalysis(U.K.) Get Free Sample @ https://www.marketresearchfuture.com/sample_request/7482 www.marketresearchfuture.com

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