Anodized Titanium Market size is expected to reach USD 22 Billion by the end of 2036, growing at a CAGR of 4% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of the anodized titanium was USD 15 Billion. The increased expansion of the automotive industry will propel the primary reason behind the growth of the market. As the macroeconomic prospect degenerates for the automotive industry, a modest return to expansion is anticipated for the latest clients and commercial vehicle sales in the next two years. It is projected that international vehicle sales will expand by 5.1% in 2023 and 3.6% in 2024. Moreover, automakers can project sales to come back to the 90 million+ high water mark in 2025.
Another reason that will propel the anodized titanium market by the end of 2036 is the increasing demand in the aviation sector across the world. Titanium prevails extravagantly in nature in several ores as a conversion metal. It gets the designation Ti on the Periodic Table and manages 22 protons in its nucleus. In its purified type, titanium types a silvery-white metal attributed to high power, low density, and grand corrosion impedance. It manages a much higher dissolving point than iron or steel, and concurrently, because of the complication of smelting it, titanium did not acquire a reputation before the 20th century. The implementation of titanium has gained more traction in different industries around the world, all thanks to its wonderful corrosion resistance and comparatively high strength-to-depth ratio. Having been adopted by aerospace industries for the growth of aircraft, titanium can still be exposed to corrosion under specific situations.
Growth Drivers
Challenges
Base Year |
2023 |
Forecast Year |
2024-2036 |
CAGR |
4% |
Base Year Market Size (2023) |
USD 15 Billion |
Forecast Year Market Size (2036) |
USD 22 Billion |
Regional Scope |
|
Type (Titanium Dioxide, Titanium Tetroxide)
The titanium dioxide segment in the anodized titanium market will grow the most by the forecast period and will hold almost 68% because of its extensive use in industries like paint, cosmetics, and plastic followed by the white color and high opacity. The titanium dioxide for ordinary plastics usually does not experience surface treatment. Because titanium dioxide seasoned with inorganic substances like traditional hydrated alumina is utilized, when the comparative humidity is 60%, the adsorption balance water is about 1%. When the plastic is evicted at high temperatures, the dematerialization of water will cause pores on the smooth plastic to appear. With the constant growth of the application range of plastic materials, many outside plastic products, like plastic doors and windows, building components, and other outdoor plastic materials, also have high needs for weather resilience. Additionally, rutile titanium dioxide must be utilized, and surface treatment is needed. This type of surface treatment usually does not add zinc. Only silicon, aluminum, zirconium, etc. are increased. The silicon has a hydrophilic and dehumidifying impact, which can hinder pores caused by water dehydration when plastic is expelled at high temperatures.
Application (Biomedical Treatment, Aviation, Automotive, Marine, Consumer goods, Construction, Architecture, Jewelry)
The aviation segment in the anodized titanium market will have superior growth during the forecast period and will hold around 40% of the revenue share owing to the increasing use of anodized titanium in developing the body of aircraft. The components utilized in the sustainable aviation fuel industry must have an exceptional set of attributes. They are required to be powerful and lasting, even under the massive situations that airplanes and spacecraft endure. They should also be comparatively lightweight since this enhances the effectiveness of the aircraft. Due to these requirements, titanium has appeared as the leading metal utilized in the aerospace industry, as it’s both powerful and lightweight. Simply put, it has a top strength-to-weight ratio. Recently, the aerospace industry has been one of the world’s biggest buyers of titanium and titanium alloys. The aerospace sector fundamentally created the modern titanium industry.
Our in-depth analysis of the global market includes the following segments:
Type |
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Anodizing Type |
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Titanium Type |
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Titanium Product |
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Application |
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End-Use Industry |
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North American Market Analysis
The anodized titanium market in the North America region will have the biggest growth during the forecast period with a revenue share of around 48%. This growth will be noticed owing to the increasing development in aviation. With the financial support given by air mail contracts from the U.S. government, four large aviation holding organizations soon appeared. William Boeing and Frederick Rentschler of Pratt & Whitney created the first and the biggest, United Aircraft and Transport Corporation. Clement Keys created North American Aviation and the Curtiss-Wright Corporation. Aerial photography pioneers Sherman Fairchild, Averill Harriman, and Robert Lehman developed The Aviation Corporation (AVCO). While these concentrations engaged greater effectiveness, airlines stayed ineffective without government assistance.
European Market Statistics
The anodized titanium market in the Europe region will also encounter huge growth during the forecast period and will hold the second position owing to the expansion of the medical industry in this region. The medical network solutions in this region will grow in a superior way. In Europe, 7.6 percent of all healthcare expenses in 2021 were invested in medical technology. Germany has the biggest anodized titanium market share in the European medtech industry, trailed by France and the United Kingdom. Europe has always noticed a constant increase in the requirement for medical devices. That’s set to transform, as trade specialists project the ascending requirement curve to increase shortly. Homegrown medical devices may not be sufficient to catch on to the requirement. And they are already regarding signs of this. Titanium has a lot of helpful attribution, but these properties also make it demanding to work with.
Aalberts Surface Technologies, a leading international provider of technical thermal processing, surface therapy, and material coating solutions, declared that it is making transformations to its U.S. portfolio in reaction to the transforming market movement. Aalberts Surface Technologies has created investments in its Canton, OH facility, increasing austempering competencies which will give a structurally favorable choice to clients located in the Midwestern, Eastern, and Northeastern U.S. markets.
Aalberts Surface Technologies – Specialized Heat Treatment US and Aalberts Surface Technologies – Accurate Brazing declared that they have integrated into a single business unit. Specialized Heat Treatment US was created when Premier Thermal, Applied Process, and Ionic Technologies were changed to Aalberts Surface Technologies – Specialized Heat Treatment US in 2022.
Author Credits: Rajrani Baghel
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