Titanium Sponge is porous, loose metallic titanium with sponge shape. It is the main raw material and intermediate product of making titanium ingot, titanium powder and other titanium products.
Titanium sponge production is limited to Titanium ore resources and Ilmenite, the main Titanium mine production is concentrated in Australia, China, India, South Africa, Brazil, etc. Ilmenite is concentrated in Australia, India, South Africa, etc. Due to the lack of resources, some countries are restricting the Exploitation of Titanium ore, and Ilmenite is the common raw material in Japan and USA.
The technical barriers of Titanium sponge are not high, and the Titanium sponge production concentrated large companies including AVISMA, OSAKA, Toho, UKTMP, ATI, TIMET, ZTMC, Zunyi Titanium, and others. At present, the gap in product quality between companies is still significant.
Titanium Sponge are mainly used to produce Titanium, which widely used in aerospace, ships, weapons, chemicals, petroleum, electric power, As the demand increases rapidly for downstream industries, the demand for Titanium Sponge will correspondingly increase. The increased consumption of titanium sponge is expected to increase during the remaining years of the forecast period of 2018-2023. Titanium sponge industry will usher in a stable growth space.
The global Titanium Sponge market was 1950 million US$ in 2018 and is expected to 2380 million US$ by the end of 2025, growing at a CAGR of 2.5% between 2019 and 2025.
This report studies the Titanium Sponge market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Titanium Sponge in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Luoyang Shuangrui Wanji Titanium
By the product type, the market is primarily split into
By the end users/application, this report covers the following segments
Aerospace & Defense
Ocean & Ship
We can also provide the customized separate regional or country-level reports, for the following regions:
Rest of Asia-Pacific
Rest of Europe
Central & South America
Rest of Central & South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives of this report are:
To study and analyze the global Titanium Sponge market size (value & volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2025.
To understand the structure of Titanium Sponge market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Titanium Sponge manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Titanium Sponge with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Titanium Sponge submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Titanium Sponge are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million USD) and volume (MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Titanium Sponge market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Raw material suppliers
Regulatory bodies, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade associations and industry bodies
With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of Titanium Sponge market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.