Titanium Powder Market Size

Titanium Powder Market Size

Titanium Powder Market size was worth USD 1.2 billion in 2022 and is projected to expand at 14.9% CAGR from 2023-2032. Rising medical applications of titanium powder to accelerate industry growth.

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Increasing focus on R&D and innovation in the field of healthcare and medicine is expected to foster lucrative demand for titanium powder. The medical sector is undergoing a radical transformation with a growing emphasis on high-performance technological interventions and state-of-the-art medicinal equipment. Over the past few decades, titanium has emerged as a promising metal candidate in medical and dental use cases due to its exceptional strength-to-weight ratio, corrosion resistance, and high fatigue limit as compared to other metals, such as stainless steel. The ongoing breakthroughs in the development of low-cost titanium for medical and dental devices to offer more affordable, durable and longer shelf-life benefits will complement the industry outlook.