NEW YORK, Oct. 26, 2022 /PRNewswire/ -- The Ti-6Al-4V titanium alloy market size is expected to grow by USD 707.41 million from 2021 to 2026. In addition, the growth momentum of the market will accelerate at a CAGR of 3.05% during the forecast period, according to the report from Technavio. This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters
The Ti-6Al-4V titanium alloy market report covers insights on major trends, key growth drivers, and challenges impacting the overall growth of the market. The report identifies the high demand for Ti-6Al-4V titanium alloy for orthopedic implants as one of the major factors driving the growth of the market. However, the stringent certification process hindering the adoption of new technologies will challenge the Ti-6Al-4V titanium alloy market's growth during the forecast period.
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Ti-6Al-4V Titanium Alloy Market Sizing
Ti-6Al-4V Titanium Alloy Market Forecast
Ti-6Al-4V Titanium Alloy Market Analysis
The market has been segmented by application (medical, aerospace, chemical, automobile, and others) and geography (APAC, North America, Europe, South America, and the Middle East and Africa). APAC will account for 54% of the market's growth during the forecast period. This growth is attributed to factors such as the rising demand for medical implants. Moreover, market growth in this region will be faster than the growth of the market in other regions. China and Japan are the key countries for the Ti-6Al-4V titanium alloy market in APAC.
Learn about the contribution of each segment summarized in concise infographics and thorough descriptions in this report. Buy Now to learn about country-wise and regional information
Allegheny Technologies Inc., AMETEK Inc., Baoji Titanium Industry Co. Ltd., Carpenter Technology Corp., Eramet, Haynes International Inc., Hebei Metals Industrial Ltd., Heraeus Holding GmbH, Hermith GmbH, NeoNickel, Nippon Steel Corp., Nova Steel Corp., PTC Industries Ltd., Rickard Metals Inc., Rostec, Sandvik AB, Smiths Metal Centres Ltd., Tekna Holdings ASA, thyssenkrupp AG, among others, are the key companies in the market. The offerings of some of these vendors are listed below:
- Baoji Titanium Industry Co. Ltd. - The company offers Ti-6Al-4V titanium alloy with specification AMS4928.
- Carpenter Technology Corp. - The company offers Ti-6Al-4V titanium alloy, which is an alpha plus beta alloy that is heat treatable to achieve moderate increases in strength.
- Eramet - The company offers Ti-6Al-4V titanium alloy with high purity, high sphericity, low oxygen content, and high flowability.
- Haynes International Inc. - The company offers Ti-6Al-4V titanium alloy for aircraft hydraulic and fuel systems.
- Heraeus Holding GmbH - The company offers Ti-6Al-4V titanium alloy, which is characterized by high corrosion resistance, high mechanical strength, and biocompatibility.
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Titanium Dioxide Market by Application and Geography - Forecast and Analysis 2021-2025: This report extensively covers segmentations by process (sulfate process and chloride process), application (paints, plastics, paper, and others), and geography (APAC, North America, Europe, South America, and MEA). 55% of the market's growth will originate from APAC during the forecast period. The titanium dioxide market share growth by the sulfate process will be significant.
Corrosion Resistant Alloys Market by End-user and Geography - Forecast and Analysis 2021-2025: This report extensively covers market segmentation by end-user (aerospace and defense, automotive, oil and gas, industrial machinery, and others) and geography (North America, Europe, APAC, South America, and MEA). 36% of the market's growth will originate from North America during the forecast period. The corrosion-resistant alloys market share growth in the aerospace and defense segment will be significant.
Ti-6Al-4V Titanium Alloy Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 3.05% |
Market growth 2022-2026 |
USD 707.41 million |
Market structure |
Fragmented |
YoY growth (%) |
2.9 |
Regional analysis |
APAC, North America, Europe, South America, and Middle East and Africa |
Performing market contribution |
APAC at 54% |
Key consumer countries |
US, China, Japan, Germany, and France |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Allegheny Technologies Inc., AMETEK Inc., Baoji Titanium Industry Co. Ltd., Carpenter Technology Corp., Eramet, Haynes International Inc., Hebei Metals Industrial Ltd., Heraeus Holding GmbH, Hermith GmbH, NeoNickel, Nippon Steel Corp., Nova Steel Corp., PTC Industries Ltd., Rickard Metals Inc., Rostec, Sandvik AB, Smiths Metal Centres Ltd., Tekna Holdings ASA, and thyssenkrupp AG |
Market Dynamics |
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.3 Market size 2021
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Application
- 5.1 Market segments
- Exhibit 24: Chart on Application - Market share 2021-2026 (%)
- Exhibit 25: Data Table on Application - Market share 2021-2026 (%)
- 5.2 Comparison by Application
- Exhibit 26: Chart on Comparison by Application
- Exhibit 27: Data Table on Comparison by Application
- 5.3 Medical - Market size and forecast 2021-2026
- Exhibit 28: Chart on Medical - Market size and forecast 2021-2026 ($ million)
- Exhibit 29: Data Table on Medical - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on Medical - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Medical - Year-over-year growth 2021-2026 (%)
- 5.4 Aerospace - Market size and forecast 2021-2026
- Exhibit 32: Chart on Aerospace - Market size and forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on Aerospace - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on Aerospace - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Aerospace - Year-over-year growth 2021-2026 (%)
- 5.5 Chemical - Market size and forecast 2021-2026
- Exhibit 36: Chart on Chemical - Market size and forecast 2021-2026 ($ million)
- Exhibit 37: Data Table on Chemical - Market size and forecast 2021-2026 ($ million)
- Exhibit 38: Chart on Chemical - Year-over-year growth 2021-2026 (%)
- Exhibit 39: Data Table on Chemical - Year-over-year growth 2021-2026 (%)
- 5.6 Automobile - Market size and forecast 2021-2026
- Exhibit 40: Chart on Automobile - Market size and forecast 2021-2026 ($ million)
- Exhibit 41: Data Table on Automobile - Market size and forecast 2021-2026 ($ million)
- Exhibit 42: Chart on Automobile - Year-over-year growth 2021-2026 (%)
- Exhibit 43: Data Table on Automobile - Year-over-year growth 2021-2026 (%)
- 5.7 Others - Market size and forecast 2021-2026
- Exhibit 44: Chart on Others - Market size and forecast 2021-2026 ($ million)
- Exhibit 45: Data Table on Others - Market size and forecast 2021-2026 ($ million)
- Exhibit 46: Chart on Others - Year-over-year growth 2021-2026 (%)
- Exhibit 47: Data Table on Others - Year-over-year growth 2021-2026 (%)
- 5.8 Market opportunity by Application
- Exhibit 48: Market opportunity by Application ($ million)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 49: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 50: Chart on Market share by geography 2021-2026 (%)
- Exhibit 51: Data Table on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 52: Chart on Geographic comparison
- Exhibit 53: Data Table on Geographic comparison
- 7.3 APAC - Market size and forecast 2021-2026
- Exhibit 54: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 7.4 North America - Market size and forecast 2021-2026
- Exhibit 58: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 7.5 Europe - Market size and forecast 2021-2026
- Exhibit 62: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 7.6 South America - Market size and forecast 2021-2026
- Exhibit 66: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 67: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 68: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 7.7 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 70: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 71: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 72: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 7.8 US - Market size and forecast 2021-2026
- Exhibit 74: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 75: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 76: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on US - Year-over-year growth 2021-2026 (%)
- 7.9 China - Market size and forecast 2021-2026
- Exhibit 78: Chart on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 79: Data Table on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 80: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on China - Year-over-year growth 2021-2026 (%)
- 7.10 Germany - Market size and forecast 2021-2026
- Exhibit 82: Chart on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 83: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 84: Chart on Germany - Year-over-year growth 2021-2026 (%)
- Exhibit 85: Data Table on Germany - Year-over-year growth 2021-2026 (%)
- 7.11 Japan - Market size and forecast 2021-2026
- Exhibit 86: Chart on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 87: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 88: Chart on Japan - Year-over-year growth 2021-2026 (%)
- Exhibit 89: Data Table on Japan - Year-over-year growth 2021-2026 (%)
- 7.12 France - Market size and forecast 2021-2026
- Exhibit 90: Chart on France - Market size and forecast 2021-2026 ($ million)
- Exhibit 91: Data Table on France - Market size and forecast 2021-2026 ($ million)
- Exhibit 92: Chart on France - Year-over-year growth 2021-2026 (%)
- Exhibit 93: Data Table on France - Year-over-year growth 2021-2026 (%)
- 7.13 Market opportunity by geography
- Exhibit 94: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.1 Market drivers
- 8.2 Market challenges
- 8.3 Impact of drivers and challenges
- Exhibit 95: Impact of drivers and challenges in 2021 and 2026
- 8.4 Market trends
9 Vendor Landscape
- 9.1 Overview
- 9.2 Vendor landscape
- Exhibit 96: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 97: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 98: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 99: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 100: Matrix on vendor position and classification
- 10.3 Allegheny Technologies Inc.
- Exhibit 101: Allegheny Technologies Inc. - Overview
- Exhibit 102: Allegheny Technologies Inc. - Business segments
- Exhibit 103: Allegheny Technologies Inc. - Key offerings
- Exhibit 104: Allegheny Technologies Inc. - Segment focus
- 10.4 Baoji Titanium Industry Co. Ltd.
- Exhibit 105: Baoji Titanium Industry Co. Ltd. - Overview
- Exhibit 106: Baoji Titanium Industry Co. Ltd. - Product / Service
- Exhibit 107: Baoji Titanium Industry Co. Ltd. - Key offerings
- 10.5 Carpenter Technology Corp.
- Exhibit 108: Carpenter Technology Corp. - Overview
- Exhibit 109: Carpenter Technology Corp. - Business segments
- Exhibit 110: Carpenter Technology Corp. - Key offerings
- Exhibit 111: Carpenter Technology Corp. - Segment focus
- 10.6 Eramet
- Exhibit 112: Eramet - Overview
- Exhibit 113: Eramet - Business segments
- Exhibit 114: Eramet - Key news
- Exhibit 115: Eramet - Key offerings
- Exhibit 116: Eramet - Segment focus
- 10.7 Haynes International Inc.
- Exhibit 117: Haynes International Inc. - Overview
- Exhibit 118: Haynes International Inc. - Business segments
- Exhibit 119: Haynes International Inc. - Key offerings
- Exhibit 120: Haynes International Inc. - Segment focus
- 10.8 Heraeus Holding GmbH
- Exhibit 121: Heraeus Holding GmbH - Overview
- Exhibit 122: Heraeus Holding GmbH - Product / Service
- Exhibit 123: Heraeus Holding GmbH - Key offerings
- 10.9 Nova Steel Corp.
- Exhibit 124: Nova Steel Corp. - Overview
- Exhibit 125: Nova Steel Corp. - Product / Service
- Exhibit 126: Nova Steel Corp. - Key offerings
- 10.10 Sandvik AB
- Exhibit 127: Sandvik AB - Overview
- Exhibit 128: Sandvik AB - Business segments
- Exhibit 129: Sandvik AB - Key news
- Exhibit 130: Sandvik AB - Key offerings
- Exhibit 131: Sandvik AB - Segment focus
- 10.11 Smiths Metal Centres Ltd.
- Exhibit 132: Smiths Metal Centres Ltd. - Overview
- Exhibit 133: Smiths Metal Centres Ltd. - Product / Service
- Exhibit 134: Smiths Metal Centres Ltd. - Key offerings
- 10.12 Tekna Holdings ASA
- Exhibit 135: Tekna Holdings ASA - Overview
- Exhibit 136: Tekna Holdings ASA - Product / Service
- Exhibit 137: Tekna Holdings ASA - Key offerings
11 Appendix
- 11.1 Scope of the report
- 11.2 Inclusions and exclusions checklist
- Exhibit 138: Inclusions checklist
- Exhibit 139: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 140: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 141: Research methodology
- Exhibit 142: Validation techniques employed for market sizing
- Exhibit 143: Information sources
- 11.5 List of abbreviations
- Exhibit 144: List of abbreviations
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Technavio Research
Jesse Maida
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SOURCE Technavio
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