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Titanium Alloys Market: Global Market Synopsis, Growth Factors, Industry Segmentation, Regional Analysis And Competitive Analysis 2017 - 2025

ID: 240253 21st May, 2018 Region : Global Pages
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Titanium Alloys Market: by Product Type (Ti-6Al-4V and Ti-6Al-2Sn-4Zr-6Mo), End-Users (Aerospace Applications, Chemical Industrial Production Plants, Biomedical Applications, Commercial Applications)- Global Forecast till 2025
Market Synopsis:

The metals which contains the mixture of titanium and other chemical elements is known as titanium alloys. These alloys have very high tensile strength and durability. Moreover, they consist of various features such as light in weight, consists of extraordinary corrosion resistance, and the ability to withstand extreme temperatures. Titanium alloys contains extra quantities of other different elements such as vanadium and aluminium to further improve mechanical properties and corrosion resistance. However, increasing cost of both raw material and processing may limit their usage to military applications, spacecraft, aircraft, bicycles, medical devices, extremely stressed components such as connecting rods on expensive sports cars and some best sports equipment and consumer electronics.


The market is driving by growing applications, technological advancements, and growing demand of market in aerospace and automotive sectors. The demand for the market is also increasing due to vast number of end-user applications. These alloys have high strength and toughness and are very light which makes them to be used in military, aircraft, and spacecraft application thus by propelling the growth of the market. However, titanium alloy products are much costly as compared to the conventional alloys which is one of the major restraining factors for the growth of market. Additionally, price competitiveness and competition from other high-performance alloys such as steel also serves as the hampering factor for the growth of the market.


Market segmentation:
On the basis of segmentation, the market is split into product type, end-users, and region.
According to the product type, the market is classified into Ti-6Al-4V and Ti-6Al-2Sn-4Zr-6Mo. 
Ti-6Al-4V are mostly soluble in solid and its solubility differs with temperature. Whereas, Ti-6Al-2Sn-4Zr-6Mo can withstand at extremely high temperature and is very hard which possesses welding properties.

Depending upon the end-user segment, the market is categorized into aerospace applications, chemical industrial production plants, biomedical applications, and commercial applications.


Regional analysis:

According to the geographical overview of the market, it is divided into major four regions including North America, Europe, Asia Pacific (APAC), and Latin America, Middle East & Africa. North America and Europe accounts to lead the market due to well developed technologies and advancement of infrastructure. Asia Pacific is followed by these regions as technological growth in material science and fast economic growth in countries in APAC may propel the growth of the market.


Key Players: 
The major players of the global titanium alloys market includes Precision Cast parts Corporation, Allegheny Technologies, Carpenter technology Corporation, Aperam, Haynes International Inc, RTI, Outokumpu, ThyssenKrupp AG, Verkhnesaldinskoye Metallurgicheskoe Proizvodstvennoe Obyedinenie (VSMPO), Advanced Metallurgical group N.V, Alcoa Howmet Castings, High performance alloys Inc., Special metals ltd, Dowa group.
For instance, in April 2018, Aperam, a stainless-steel producer has purchased 100% of the shares in Germany-based special alloys producer VDM Metals for €438 million ($540 million).


Titanium Alloys Market Segmentation
By Product Type: 
Ti-6Al-4V
Ti-6Al-2Sn-4Zr-6Mo
By End-User: 
Aerospace Applications
Chemical Industrial Production Plants
Biomedical Applications
Commercial Applications
Regions Covered:
o North America
U.S.
Canada
Mexico
o Europe
UK
Germany
France
Italy
Spain
Rest of Europe
o Asia-Pacific
China
India
Japan
South Korea
Australia
Rest of Asia-Pacific
o LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA

Research Scope
The study for Global Titanium Alloys Market will provide market size, estimates and forecast based on the following years: 
 
Historic data: 2015 Base Year Estimate: 2016 Forecast: 2017 to 2025


The report has been categorized in two distinctive sections, where the first category titled as Market Overview provides a holistic view of the market, key trends, drivers, challenges/restraints or opportunities with their current and expected impact on the overall industry sales. 
Our analyst implement several qualitative tools such as Ansoff’s Matrix, PESTEL analysis, Porter’s five force analysis among other to interpret and represent key industry findings. 
The second section of the study provides market size, estimates and forecast for key market segments and regional market. The final part of the report highlights key manufacturers/vendors operating in the associated market. 

1. Introduction
1.1. Market Definition
1.2. Market Scope


2. Research Methodology
2.1. Primary Research
2.2. Secondary Sources
2.3. Assumptions & Exclusions


3. Market Overview
3.1. Research Report Segmentation & Scope
3.2. Key Market Trend Analysis
3.2.1. Market Drivers
3.2.2. Market Restraint/Challenges
3.2.3. Market Opportunities
3.3. Porter’s Five Forces Analysis
3.4. Potential Venture Avenues
3.5. Market Share Analysis, 2016 


4. Product Type Overview
4.1. Introduction
4.2. Market Size & Forecast, 2015 to 2025
4.2.1. Ti-6Al-4V
4.2.2. Ti-6Al-2Sn-4Zr-6Mo
(Note: The segments mentioned above are tentative in nature and are subject to change as the research progresses)


5. End-User Overview
5.1. Introduction
5.2. Market Size & Forecast, 2015 to 2025
5.2.1. Aerospace Applications
5.2.2. Chemical Industrial Production Plants
5.2.3. Biomedical Applications
5.2.4. Commercial Applications
(Note: The segments mentioned above are tentative in nature and are subject to change as the research progresses)


6. Regional Overview
6.1. Introduction
6.2. Market Size & Forecast, 2015 to 2025
6.2.1. North America
6.2.1.1. U.S.
6.2.1.2. Canada
6.2.1.3. Mexico 
6.2.2. Europe
6.2.2.1. UK
6.2.2.2. Germany
6.2.2.3. France
6.2.2.4. Italy 
6.2.2.5. Spain
6.2.2.6. Rest of Europe
6.2.3. Asia-Pacific
6.2.3.1. China
6.2.3.2. India
6.2.3.3. Japan
6.2.3.4. South Korea
6.2.3.5. Rest of Asia-Pacific
6.2.4. LAMEA
6.2.4.1. Brazil
6.2.4.2. UAE
6.2.4.3. South Africa
6.2.4.4. Rest of LAMEA
(Note: The segments mentioned above are tentative in nature and are subject to change as the research progresses)


7. Manufacturer/ Vendor Profile
7.1. The following attributes will be considered while profiling key manufacturers in this industry: 
7.1.1. Company Overview
7.1.2. Financial Synopsis
7.1.3. Recent Developments
7.1.4. R&D Investments (if any)
7.1.5. Strategy Overview (Analyst Perspective)
7.1.6. Product Portfolio
7.2. Companies Profiled
7.2.1. Precision Cast parts Corporation
7.2.2. Allegheny Technologies
7.2.3. Carpenter technology Corporation
7.2.4. Aperam, Haynes International Inc
7.2.5. RTI
7.2.6. Outokumpu
7.2.7. ThyssenKrupp AG
7.2.8. Verkhnesaldinskoye Metallurgicheskoe Proizvodstvennoe Obyedinenie (VSMPO)
7.2.9. Advanced Metallurgical group N.V
7.2.10. Alcoa Howmet Castings
7.2.11. High performance alloys Inc.
7.2.12. Special metals ltd
7.2.13. Dowa group
 (Note: The companies mentioned above are tentative in nature, and profiles of other market players not listed here can be included on request.)

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Report ID :240253

Published Date :21st May, 2018

Category :Materials and Chemicals

Pages : Pages

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