Titanium Sponge Market - Top Companies and Manufacturers

  • Report ID: 5864
  • Published Date: Mar 11, 2024
  • Report Format: PDF, PPT

Companies Dominating the Titanium Sponge Market

top-features-companies
    • Tangshan Tianhe Titanium Industry Co.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Boeing Company
    • Western Metal Materials Co., Ltd.
    • Baoji Yongshengtai Titanium Industry Co., Ltd.
    • Luoyang Sunrui Wanji Titanium Co., Ltd.
    • Baoti Huashen Titanium Industry Co., Ltd.
    • VSMPO-AVISTA
    • RTI International Metals, Inc.
    • Perryman Company
    • Ust-Kamenovgorsk Titanium & Magnesium Plant JSC
    • Pangang Group Vanadium Titanium & Resources Co., Ltd.

Browse Key Market Insights with Data Illustration:

In the News

  • September 2018: Chinese Airlines will purchase 7,690 new aircraft valued at USD 1.2 trillion over the next 20 years, according to a statement from Boeing Company, to meet the country's increasing demand for air travel. This will have a favorable effect on the market for titanium sponge demand worldwide.
  • July 2022: Perryman Company, Houston, Pa., planned to significantly expand its titanium melting capacity by installing more electron beam and vacuum arc remelt furnaces. They were to be situated in Washington County, Pennsylvania. The new furnaces would increase Perryman's overall titanium melting capacity to 42 million pounds and add 16 million pounds of melting capacity, solidifying Perryman's position as a global leader in titanium melting for aerospace and medical applications.

Author Credits:  Smruti Ranjan, Rajrani Baghel


  • Report ID: 5864
  • Published Date: Mar 11, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Growing construction activity in emerging nations due to population growth may be the cause of the growing demand for paints and coatings based on titanium dioxide are the major factors driving the growth of the titanium sponge market.

The market size of titanium sponge is anticipated to attain a CAGR of 3.5% over the forecast period, i.e., 2024-2036.

The major players in the market are Boeing Company Western Metal Materials Co., Ltd., Baoji Yongshengtai Titanium Industry Co., Ltd., Luoyang Sunrui Wanji Titanium Co., Ltd., Baoti Huashen Titanium Industry Co., Ltd., VSMPO-AVISMA, RTI International Metals, Inc., Perryman Company, Ust-Kamenovgorsk Titanium & Magnesium Plant JSC, Pangang Group Vanadium Titanium & Resources Co., Ltd., and others.

The aerospace & marine segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
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