Titanium Market - Forecast(2021 - 2026)
Titanium Market Overview Titanium Market size is forecast to reach $7,608 million by 2025, after growing at a CAGR of 4.7% during 2020-2025, owning to growing application of titanium in various industries such as automotive, construction, aerospace and so on. Numerous applications of titanium alloys led by their low thermal expansion and co-efficient fire resistance properties, escalate the market demand hugely. Due to its nontoxic nature it is used in many medical equipment such as hip balls, hip balls, sockets and dental implants. Titanium circuits can also be used in applications that involve heating elements, weighing, load cells and force measurement, and can be used for flow measurement, fluid pressure and temperature measurement and strain gauge applications. Moreover, various advantages offered by titanium such as heat resistance and fuel efficiency are expected to drive a massive demand from the aircraft manufacturing industry in the coming years. Titanium Market Report Cover...