Rise in Defense Expenditure Expected to Drive World Titanium Powder Market over the Forecast Period: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Titanium powder is a result of processing the metal in various ways to produce a fine metal powder. A silvery metal, titanium is vastly valued for its unmatched corrosion resistance and great strength. It has numerous specifications with purity range from 95% to 99.98%. It is mainly produced by the hydride-dehydride method, in which, hydrogen is used to make the product hard. It is usually used in various industries due to its characteristics like corrosion resistance, high strength and lightweight. It is generally used in automobile industry, aerospace industry, petrochemical industry and others. According to study, “World Titanium Powder Market Research Report 2024(Covering USA, Europe, China, Japan, SEA and India)” the key companies operating in the world titanium powder market are ATI, Fengxiang Titanium Material & Powder, Cristal Metals, Reading Alloys, ADMA Products Inc., Carpenter Technology Corporation, TLS Technik GmbH & Co. Spezialpulver KG, MTCO, OSAKA Titanium Technologies Co. Ltd., Global Titanium Inc., TIPRO International, Toho Titanium Co. Ltd., Gesellschaft für Elektrometallurgie (GfE), AP&C, Praxair S.T. Technology Inc., AMETEK Inc., Advanced Metallurgical Group, N.V., Puris, Metalysis. Various companies are directing on organic growth strategies and inorganic growth strategies for expansion of business. Organic growth strategies include product launches, product approvals and others (patents & events). Inorganic growth strategies include acquisitions, and partnership & collaborations. Based on product type, titanium powder market is segmented into high purity titanium powder (CPTP) and alloyed titanium powder (ATP). High purity segment is available in several particle sizes with melting point reaching more than 1600°C. High purity titanium powder is expected to grow at a significant CAGR owing to its wide applications over the forecast period. Based on raw material, market is segmented into titanium sponge, titanium tetrachloride (TiCl4), H2, and other auxiliary chemicals. In addition, based on end-use, market is segmented into aerospace, marine, construction, defense, chemical, medical, and others (power generation and sports & leisure). Chemical segment holds major share in market due to its usage electric tanks, pipes and heat-exchange equipment’s. Medical segment is projected to grow at a significant CARG on account of rise in product usage in manufacturing surgical instruments, wheelchairs and crutches during the forecast period. The titanium powder market is driven by increase in production for automotive & automotive parts, followed by rise in demand from end-use industries, presence of many small & large titanium powder producing companies and growth in technological advancements. However, increase in investments in research & development (R&D) and high investment for manufacturing of titanium powder may impact the market. Based on geography, India and China countries hold major share in titanium powder market owing to rise in defense expenditure, high titanium production, large consumer base, and growth in development of end-use industries in the countries. USA and Europe are expected to witness beneficial growth due to rise in demand from aerospace & medical sector and increase in government expenditure for defense over the forecast period. It is predicted that the market will be reached at rapid pace because of growth in defense budget during the forecast period. The global market is likely to grow at a CAGR of approximately 0.2% over the next five years, will reach US $3310 million in 2024, from US $3270 million in 2019. For more information, click on the link below: Global Titanium Powder Market Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications support@kenresearch.com +91-9015378249 Tags: ADMAProducts Titanium Powder Market Revenue, ATI Titanium Powder Market Revenue, China Titanium Powder Market, Cristal Titanium Powder Market Share, Europe Titanium Powder Market, Global Titanium Powder Industry, Global Titanium Powder Industry Research Report, Global Titanium Powder Market, Global Titanium Powder Market Analysis, Global Titanium Powder Market Application, Global Titanium Powder Market Forecast, Global Titanium Powder Market Growth, Global Titanium Powder Market Insights, Global Titanium Powder Market Key Players, Global Titanium Powder Market Manufacturers, Global Titanium Powder Market Outlook, Global Titanium Powder Market Overview, Global Titanium Powder Market Research Report, Global Titanium Powder Market Revenue, Global Titanium Powder Market Supply Chain, Global Titanium Powder Market Trends, India Titanium Powder Market, Japan Titanium Powder Market, USA Titanium Powder Market, World Titanium Powder Market, World Titanium Powder Market Research Report