Demand for Titanium Mineral Concentrates to Grow 1.5% Yearly in Volume Terms to 2022

CLEVELAND, Sept. 27, 2018 /PRNewswire/ -- US demand for titanium mineral concentrates is forecast to expand 1.5% annually in volume terms to 2022, according to Titanium: United States, a report by Freedonia Focus Reports. Continued growth in building construction activity will boost sales of paint and plastic, thereby increasing US output of paint and plastic and stimulating US titanium dioxide (Ti O₂) pigment production and consumption of the required concentrates. Expanding TiO₂ pigment production will represent the majority of gains in demand for titanium concentrates.

More information about the report is available at https://www.freedoniafocusreports.com/Titanium-United-States-FF65014/

US demand for titanium metal in volume terms is forecast grow 3.8% annually through 2022. Suppliers of titanium metal benefit from a lack of comparable substitutes for the material. Aerospace represents the largest application segment for titanium metal. Suppliers will benefit from rising production of aerospace equipment, primarily aircraft, as well as from the higher proportions of titanium consumed by aircraft manufacturers.

These and other key insights are featured in Titanium: United States. This report forecasts to 2022 US demand for titanium mineral concentrates, TiO₂ pigments, and titanium metal in metric tons and nominal US dollars at the manufacturer level. Total demand for titanium mineral concentrates in metric tons represents TiO₂ content and is segmented by application in terms of:

• TiO₂ pigments
• other applications such as carbides, chemicals, metal sponge, and welding-rod coatings

Demand for TiO₂ pigment in metric tons is segmented by application as follows:

• paint
• plastic
• paper
• other applications such as catalysts, ceramics, coated fabrics and textiles, floor coverings, food coloring, printing and packaging ink, personal care products (e.g., toothpaste), pharmaceuticals, and roofing granules

Paint refers to both architectural paint and industrial and manufacturing coatings.

Demand for titanium metal in metric tons – including both metal sponge and scrap – is segmented by application as follows:

• aerospace
• industrial applications such as transportation equipment and pipes for chemical processing and oil and gas production, and other applications such as jewelry, medical products, and sports equipment

To illustrate historical trends, total demand for titanium mineral concentrates, TiO₂ pigment, and titanium metal in volume and value terms, and the various segments in volume terms are provided in annual series from 2007 to 2017.

Key macroeconomic indicators are also provided with quantified trends. Other various topics, including profiles of pertinent leading suppliers, are covered in this report. A full outline of report items by page is available in the Table of Contents.

About Freedonia Focus Reports
Each month, The Freedonia Group – a division of MarketResearch.com – publishes over 20 new or updated Freedonia Focus Reports, providing fresh, unbiased analysis on a wide variety of markets and industries. Published in 20-30 pages, Focus Report coverage ranges from raw materials to finished manufactured goods and related services such as freight and construction. Additional Energy & Resources reports can be purchased at Freedonia Focus Reports or MarketResearch.com.

Analysis is intended to guide the busy reader through pertinent topics in rapid succession, including:

• total historical market size and industry output
• segmentation by products and markets
• identification of market drivers, constraints, and key indicators
• segment-by-segment outlook in five-year forecasts
• a survey of the supply base
• suggested resources for further study

Press Contact:

Corinne Gangloff
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[email protected]

SOURCE The Freedonia Group

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