MRO Magazine

Research and Markets: Growth Opportunities for Global Titanium Mill Products Industry 2014-2019

May 22, 2015
By Business Wire News


Research and Markets ( has announced the addition of the “Growth Opportunities for Global Titanium Mill Products Industry 2014-2019” report to their offering.

The global titanium mill products industry is expected to grow at a CAGR of 2.9% over 2015-2020. Growth in the power, healthcare, chemical, and aerospace sectors is likely to create demand opportunities for the titanium mill products market globally. Increasing demand for high strength and lightweight materials in different industries increases the demand for titanium mill products. The aerospace industry is expected to be the largest market for titanium mill products. Growth in the aerospace industry along with the higher use of carbon fiber composites, which are compatible with titanium, is likely to increase the demand for titanium. Being lightweight materials along with outstanding corrosion resistance properties, titanium mill products are the preferred material for aircraft manufacturers.

This report provides an analysis of the global titanium mill products industry, including the industry trends, competitive landscapes, company profiles, emerging trends, and key drivers of the industry growth. The study also includes forecast of the global titanium mill products industry through 2019 by value ($M) and by volume (million lbs) segmented by applications and regions.

The global titanium mill products segmented by applications

– Commercial Aircraft

– Military Aircraft

– Power Plants

– Marine

– Other Industrial and Consumer

The global titanium mill products market segmented by product types for one year

– Sheet and Plates

– Billets and Bars

– Others

The chemical and commercial aircraft segment is expected to witness sound growth. North America is expected to remain as the dominate player in the industry. Precision Castparts Corp., VSMPO-AVISMA Corporation, Allegheny Technologies Incorporated, Baoji Titanium Industry Co., Ltd., and RTI International Metals, Inc. are some of the major suppliers of titanium mill products. The industry players are focusing on partnership and strategic alliances to meet the constantly changing demands of customers.

Key Topics Covered:

1. Executive Summary

2. Industry background and classifications

3. Market Trend and Forecast Analysis

5. Growth Opportunity and Strategic Analysis

6. Company Profiles of Leading Players

– Allegheny Technologies Incorporated

– Baoji Titanium Industry Co.Ltd.

– Precision Castparts Corp.

– RTI International Metals Inc.

– VSMPO-AVISMA Corporation

For more information visit

Research and Markets
Laura Wood, Senior Manager
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Sector: Chemicals