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Titanium Sponge for Aerospace & Defense Market Share

  • Report ID: GMI2581
  • Published Date: May 2018
  • Report Format: PDF

Titanium Sponge for Aerospace & Defense Market Share

  • Zunyi Titanium
  • Tangshan Tianhe
  • Shuangrui Wanji Titanium
  • Zaporozhye Titanium & Magnesium Combine
  • Solikamsk
  • VSMPO AVISMA
  • Ust-Kamenovgorsk Titanium & Magnesium Plant JSC (UKTMP)
  • OSAKA Titanium
  • Toho Titanium
  • The Kerala Minerals & Metals Ltd.
  • Timet

are among the chief contributors of the titanium sponge for aerospace & defense market. High initial capital requirement for the production facility and the difficulty in procuring the clients has in turn led to limited number of new entrants in the industry.
 

Requirement to meet national Ti metal requirements with an internal facility across the major global economies is expected to drive the competition over the forecast period. For instance, in August 2015, Indian government fully commissioned the operation of The Kerala Minerals & Metals Ltd., with an initial production capacity of 500 tons. Owing to this development, India was the seventh country to across the globe, that has its in-house Ti production facility.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of titanium sponge for aerospace & defense was crossed USD 1,452.8million in 2017.

The industry share of titanium sponge for aerospace & defense is estimated to exhibit around 4.3% CAGR from 2018 to 2024.

Applications of titanium alloys in the aerospace sector include the manufacturing of gas bottle or liners, inter-tank structures, satellite propellant tanks and launch vehicles and satellite interface rings.

High grade materials are witnessing consistently high demand owing their ability to meet the stringent demands of the military and aviation sectors and be qualified for aerospace applications.

Titanium foam is used for producing different commercial aircraft components including floor beams, nacelle engine mounts, fuselage parts, wing connections and door frames, among many others.

U.S. will be the dominant consumer of titanium sponge across A&D applications with presence of key aircraft manufacturers like Boeing and the highest defense spending in the world.

Titanium Sponge for Aerospace & Defense Market Scope

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Premium Report Details

  • Base Year: 2017
  • Companies covered: 12
  • Tables & Figures: 361
  • Countries covered: 16
  • Pages: 350
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