Titanium Sponge Market - Top Companies and Manufacturers

  • Report ID: 5864
  • Published Date: Jan 03, 2025
  • Report Format: PDF, PPT

Companies Dominating the Titanium Sponge Market

    • Tangshan Tianhe Titanium Industry Co.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Boeing Company
    • Western Metal Materials Co., Ltd.
    • Baoji Yongshengtai Titanium Industry Co., Ltd.
    • Luoyang Sunrui Wanji Titanium Co., Ltd.
    • Baoti Huashen Titanium Industry Co., Ltd.
    • VSMPO-AVISTA
    • RTI International Metals, Inc.
    • Perryman Company
    • Ust-Kamenovgorsk Titanium & Magnesium Plant JSC
    • Pangang Group Vanadium Titanium & Resources Co., Ltd.

Browse Key Market Insights with Data Illustration:

In the News

  • September 2018: Chinese Airlines will purchase 7,690 new aircraft valued at USD 1.2 trillion over the next 20 years, according to a statement from Boeing Company, to meet the country's increasing demand for air travel. This will have a favorable effect on the market for titanium sponge demand worldwide.
  • July 2022: Perryman Company, Houston, Pa., planned to significantly expand its titanium melting capacity by installing more electron beam and vacuum arc remelt furnaces. They were to be situated in Washington County, Pennsylvania. The new furnaces would increase Perryman's overall titanium melting capacity to 42 million pounds and add 16 million pounds of melting capacity, solidifying Perryman's position as a global leader in titanium melting for aerospace and medical applications.

Author Credits:  Rajrani Baghel


  • Report ID: 5864
  • Published Date: Jan 03, 2025
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of titanium sponge is evaluated at USD 2.77 billion.

The titanium sponge market size was over USD 2.69 billion in 2024 and is poised to exceed USD 4.21 billion by 2037, witnessing over 3.5% CAGR during the forecast period i.e., between 2025-2037. Growing construction activity in emerging nations due to population growth may be the cause of the growing demand for paints and coatings based on titanium dioxide will drive the market growth.

Asia Pacific industry is poised to hold largest revenue share of 35% by 2037, due to rapid industrialization and urbanization of nations like China and India.

The major players in the market are Boeing Company Western Metal Materials Co., Ltd., Baoji Yongshengtai Titanium Industry Co., Ltd., Luoyang Sunrui Wanji Titanium Co., Ltd., Baoti Huashen Titanium Industry Co., Ltd., VSMPO-AVISMA, RTI International Metals, Inc., Perryman Company, Ust-Kamenovgorsk Titanium & Magnesium Plant JSC, Pangang Group Vanadium Titanium & Resources Co., Ltd., and others.
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