|Synonyms||7440-32-6, Oremet, Titanium alloy|
|Region/Countries Covered||Asia Pacific: China , India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand|
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland , Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
North America: United States and Canada
Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
|Currency||US$ (Data can also be provided in local currency)|
|Supplier Database Availability||Yes|
|Post-Sale Analyst Support||360-degree analyst support after report delivery|
Request for Real Time Titanium Prices: https://www.procurementresource.com/resource-center/titanium-price-trends/pricerequest
Titanium (Ti) is a chemical element that has atomic number 22. It is found in various mineral formulations, primarily in ilmenite and rutile. It appears as a transition metal with a shivery sheen. It is strong, corrosion-resistant, and has a low density. It is the ninth most prevalent element in the earth’s crust. It is employed in high-speed aircraft parts.
The top titanium-producing countries are the United States, Japan, China, Russia, and the United Kingdom.
Key Details About the Titanium Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Titanium price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Titanium price Forecast, chart, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Titanium Price Trend:
Titanium has traditionally been utilised in heat exchangers, electric power plants, seawater desalination plants, and aircraft as a lightweight, incredibly strong, and remarkably corrosion-resistant material. By utilising its aesthetically pleasing surface look and opulent feel, it has more recently found expanding applications in consumer products, recreational goods, and information technology (IT) equipment.
The greatest market for titanium products is aerospace. Because of its excellent strength to weight ratio and high temperature characteristics, it is a useful material for this industry. Fasteners and parts for aeroplanes frequently employ titanium. Titanium is utilised to produce gas turbine engines and for other parts like compressor blades, casings, engine cowlings, and heat shields due to the same qualities.
Chemical applications such heat-exchangers (57%), titanium anodes (20%), titanium containers (16%), and others (7%) are where titanium is most commonly utilised. Titanium is mostly consumed in the chemical industry by sodium carbonate and chlor-alkali.
Key Market Players:
• VSMPO-AVISMA Corporation
• Osaka Titanium Technologies Co., Ltd.
• Toho Titanium Co., Ltd.
• The Chemours Company
• Western Metal Materials Co., Ltd (WMM)
• Allegheny Technologies Incorporated (ATI)
News and Events:
• September 22, 2022: A vital material utilised in many sectors is titanium alloy. Because to the discoveries made by the multinational research team Aran, the alloy may now be 3-D printed. An article on the commercial production of titanium alloy using additive manufacturing (3D printing) was published in Nature Materials.
- Titanium Butoxide Price Trend – https://www.procurementresource.com/resource-center/titanium-butoxide-price-trends
- Titanium Dioxide (TiO2) Price Trend – https://www.procurementresource.com/resource-center/titanium-dioxide-price-trends
- Toluene Price Trend – https://www.procurementresource.com/resource-center/toluene-price-trends
Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.
We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team track the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.
To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
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