The Global Titanium alloy market, in terms of tonnage, was valued at 212.1 kilotons in 2014 and is expected to reach 274.6 kilotons by 2020, showing a compound annual growth rate of 4.40%. Among all the regions in the world, Asia Pacific is the fastest growing market for Titanium alloys during the period 2014-2020, whereas North America is the largest market in terms of revenue owing to their large base of aviation and automobile industries followed by Europe. The Among all the high performance alloys, Titanium alloys is the fastest growing segment and contributing about 19.1% share in the market. North America and Europe accounted for over 70% of the market share in Titanium alloy market in 2014.
Table 11 The main producers of Titanium Alloys
|
Company |
Website |
Country |
|
Precision |
http://www.precast.com |
USA |
|
ATI |
https://www.atimetals.com |
USA |
|
Carpenter |
http://www.cartech.com |
USA |
|
Aperam |
http://www.aperam.com |
Luxembourg |
|
Haynes |
http://haynesintl.com |
USA |
|
RTI |
http://www.rtiintl.com |
USA |
|
Outokumpu |
http://www.outokumpu.com |
Finland |
|
ThyssenKrupp |
http://www.thyssenkrupp.com |
Germany |
|
VSMPO-AVISMA |
http://www.vsmpo.ru |
Russia |
|
AMG |
http://www.amg-nv.com |
USA |
|
Alcoa |
http://www.alcoa.com |
USA |
|
Special |
http://specialmetals.com |
USA |
|
Dowa |
http://www.dowagroup.com |
Japan |
Source: Internet, Gos Research Center, Jan. 2016
