Titanium Alloy Market Size and Share

Titanium Alloy Market (2025 - 2030)
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Titanium Alloy Market Analysis by Mordor Intelligence

The Titanium Alloy Market size is estimated at 158.23 kilotons in 2025, and is expected to reach 204.46 kilotons by 2030, at a CAGR of 5.26% during the forecast period (2025-2030). Consistent order backlogs at Boeing and Airbus, revived defense procurement cycles, and a widening medical-implant customer base anchor demand. Sustained performance hinges on titanium’s high strength-to-weight ratio, corrosion resistance, and biocompatibility, traits that continue to outweigh its higher production cost in critical applications. Producers are adding melt capacity, often through hydrogen-assisted reduction or additive manufacturing, to alleviate supply bottlenecks, while customers diversify sourcing to mitigate geopolitical risk. Cost-down innovation and regulatory push for fuel-efficient aircraft further reinforce the growth narrative of the titanium alloy market.

Key Report Takeaways

  • By microstructure, Alpha-Beta grades led with 51.67% share of the titanium alloy market size in 2024; Beta alloys are projected to expand at 6.14% CAGR to 2030.
  • By end-user industry, aerospace commanded 68.74% of the titanium alloy market share in 2024, whereas medical and dental implants are advancing at a 7.35% CAGR through 2030.
  • By geography, Asia-Pacific held 41.35% of the titanium alloy market in 2024, while the Middle East and Africa region exhibits the fastest growth at 5.94% CAGR through 2030. 

Segment Analysis

By Microstructure: Beta Alloys Drive Innovation

Beta alloys are projected to register a 6.14% CAGR through 2030, while Alpha-Beta grades retained 51.67% of the titanium alloy market share in 2024. Ti-5553 demonstrates superior castability, delivering high strength-to-weight ratios vital for wing-carry-throughs and landing-gear structures. Research into high-entropy intermetallics incorporating zirconium and hafnium achieves yield strengths of 1.5 GPa with 8% plastic strain, expanding options for hypersonic applications[1]Cumberland County Government, “USD 867 Million Titanium Plant Announcement,” co.cumberland.nc.us .

Ongoing additive-manufacturing deployments enable near-net-shape production, slashing buy-to-fly ratios by up to 60% and supporting intricate cooling-channel architectures in turbine blades. Beta alloys' titanium alloy market size is on track to close the decade at roughly 25% of overall volume, supported by synergistic gains in powder-atomization capacity and qualification tests for critical flight hardware. Parallel interest in Alpha and Near-Alpha alloys for temperatures above 500 °C preserves demand in gas turbines and space-propulsion contexts. As producers standardize vacuum-arc-remelting parameters, alloy chemistries stabilize, improving confidence among aerospace and defense primes.

Titanium Alloy Market: Market Share by Microstructure
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Note: Segment shares of all individual segments available upon report purchase

Get Detailed Market Forecasts at the Most Granular Levels
Download PDF

By End-User Industry: Medical Applications Accelerate

Aerospace maintained 68.74% of the titanium alloy market in 2024, but medical implants are slated for the highest growth at a 7.35% CAGR through 2030. Patient-specific hip and knee replacements are moving from pilot programs to mainstream adoption as hospital systems invest in point-of-care 3D-printing suites. Surgeons value titanium’s osseointegration and low allergic response rates, ensuring long-term demand despite pricing premiums. Dental implants follow a similar trajectory, driven by cosmetic dentistry in emerging economies. Automotive uptake remains niche, exemplified by Nippon Steel’s Super-TIX connecting rods, which deliver 50% higher specific strength than steel while trimming rotational mass.

Stronger government mandates on vehicle emissions could unlock broader mobility applications, but present cost differentials constrain large-scale penetration. Meanwhile, titanium’s dominance in orthopedic screws, plates, and spinal cages accelerates as healthcare access widens in Asia-Pacific.

Titanium Alloy Market: Market Share by End-user Industry
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Note: Segment shares of all individual segments available upon report purchase

Get Detailed Market Forecasts at the Most Granular Levels
Download PDF

Geography Analysis

Asia-Pacific commanded 41.35% of the titanium alloy market in 2024, anchored by China’s 60% share of global metal output. However, the region’s aerospace certification gap curtails immediate penetration into high-value jet programs. India collaborates with HAL and DRDO on indigenous sponge capacity, while Australian miners explore downstream alloying to capture margin farther along the value chain. These initiatives collectively support robust volume gains, although quality hurdles remain.

The Middle East and Africa region, expanding at a 5.94% CAGR, benefits from Saudi Arabia’s USD 46 billion mining strategy, which aims to lift mining GDP share to 75 billion by 2030 and position the kingdom as a neutral titanium supplier. North American consumption stays high despite minimal sponge output. Cumberland County, North Carolina, secured a USD 867 million plant to rebuild domestic capacity with hydrogen-assisted reduction that could supply 10,000 tons annually once fully operational[2]Liu et al., “High-Entropy Intermetallic Alloy,” nature.com. In Canada, Quebec’s hydro-powered ilmenite operations explore vertically integrating into low-carbon sponge. 

Across the Atlantic, European OEMs juggle sanction compliance and production continuity, prompting joint-venture discussions with Kazakh and Japanese suppliers; the EU’s Critical Raw Materials Act expedites permitting for sponge projects in Norway and Spain. South America remains largely a raw-ore exporter, but Brazil’s state development bank signals interest in co-financing downstream alloy plants near existing ilmenite mines. Overall, shifting supply footprints continue to reshape the titanium alloy market.

Titanium Alloy Market CAGR (%), Growth Rate by Region
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.
Get Analysis on Important Geographic Markets
Download PDF

Competitive Landscape

The titanium alloy market is moderately fragmented. Incumbents maintain technological and contractual moats, yet the field is far from oligopolistic. ATI closed a multi-year expansion that lifts titanium melt capacity 80% by 2025, anchoring long-term contracts with Airbus and Boeing. Mergers and specialized joint ventures target vertical integration. Powder suppliers partner with aerospace primes for closed-loop recycling, while medical-implant OEMs invest in captive printing farms to lock in powder supply. Competitive intensity therefore remains moderate, with process patents, customer qualification, and capacity scale serving as key differentiators in the titanium alloy market.

Titanium Alloy Industry Leaders

  1. ATI

  2. Howmet Aerospace

  3. PJSC VSMPO-AVISMA Corporation

  4. TIMET (Precision Castparts Corp.)

  5. Toho Titanium Co., Ltd.

  6. *Disclaimer: Major Players sorted in no particular order
Titanium Alloy Market - Market Concentration
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.
Need More Details on Market Players and Competitors?
Download PDF

Recent Industry Developments

  • March 2025: Tohoku University introduced a titanium-aluminum superelastic alloy functional from −269 °C to +127 °C, with potential applications in space exploration and medical technology.
  • July 2024: MIT researchers and ATI Specialty Materials unveiled titanium alloys that break the strength-ductility trade-off through precise chemical composition and processing techniques.

Table of Contents for Titanium Alloy Industry Report

1. Introduction

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Growing Aerospace and Defense Airframe Demand
    • 4.2.2 Military Ground-Vehicle Light-Weighting Programs
    • 4.2.3 Expansion of Medical and Dental Implant Procedures
    • 4.2.4 Additive Manufacturing Unlocking Novel Grades
    • 4.2.5 Heat-Exchanger Demand in Emerging Hydrogen Economy
  • 4.3 Market Restraints
    • 4.3.1 High Production Cost and Complex Metallurgy
    • 4.3.2 Limited Global Sponge Capacity
    • 4.3.3 Geopolitical Dependence on Russian Feedstock
  • 4.4 Value Chain Analysis
  • 4.5 Porter's Five Forces Analysis
    • 4.5.1 Bargaining Power of Suppliers
    • 4.5.2 Bargaining Power of Buyers
    • 4.5.3 Threat of New Entrants
    • 4.5.4 Threat of Substitutes
    • 4.5.5 Competitive Rivalry

5. Market Size and Growth Forecasts (Volume)

  • 5.1 By Microstructure
    • 5.1.1 Alpha and Near-Alpha
    • 5.1.2 Alpha-Beta
    • 5.1.3 Beta
  • 5.2 By End-User Industry
    • 5.2.1 Aerospace
    • 5.2.2 Automotive and Shipbuilding
    • 5.2.3 Chemical Processing
    • 5.2.4 Power and Desalination
    • 5.2.5 Medical and Dental Implants
    • 5.2.6 Other End-user Industries (Oil and Gas, etc.)
  • 5.3 Geography
    • 5.3.1 Asia-Pacific
    • 5.3.1.1 China
    • 5.3.1.2 Japan
    • 5.3.1.3 India
    • 5.3.1.4 South Korea
    • 5.3.1.5 Rest of Asia-Pacific
    • 5.3.2 North America
    • 5.3.2.1 United States
    • 5.3.2.2 Canada
    • 5.3.2.3 Mexico
    • 5.3.3 Europe
    • 5.3.3.1 Germany
    • 5.3.3.2 United Kingdom
    • 5.3.3.3 France
    • 5.3.3.4 Italy
    • 5.3.3.5 Russia
    • 5.3.3.6 Rest of Europe
    • 5.3.4 South America
    • 5.3.4.1 Brazil
    • 5.3.4.2 Argentina
    • 5.3.4.3 Rest of South America
    • 5.3.5 Middle-East and Africa
    • 5.3.5.1 Saudi Arabia
    • 5.3.5.2 South Africa
    • 5.3.5.3 Rest of Middle-East and Africa

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share (%)**/Ranking Analysis
  • 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)
    • 6.4.1 ATI
    • 6.4.2 Alleima
    • 6.4.3 AMG
    • 6.4.4 BAOTI Group Co.,Ltd.
    • 6.4.5 Corporation VSMPO-AVISMA
    • 6.4.6 CRS Holdings, LLC
    • 6.4.7 Daido Steel Co., Ltd.
    • 6.4.8 Hermith GmbH
    • 6.4.9 Howmet Aerospace
    • 6.4.10 KOBE STEEL, LTD.
    • 6.4.11 OSAKA Titanium Technologies Co.,Ltd.
    • 6.4.12 Perryman Company
    • 6.4.13 PJSC VSMPO-AVISMA Corporation
    • 6.4.14 TIMET (Precision Castparts Corp.)
    • 6.4.15 Toho Titanium Co., Ltd.
    • 6.4.16 Weber Metals (OTTO FUCHS Kommanditgesellschaft)
    • 6.4.17 Western Superconducting Technologies Co., Ltd

7. Market Opportunities and Future Outlook

  • 7.1 White-space and Unmet-Need Assessment
**Subject to Availability
You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

Global Titanium Alloy Market Report Scope

Titanium alloys exhibit a unique combination of mechanical and physical properties, which make them desirable for certain critical applications in the aerospace, chemical, medical, and energy industries. 

The Titanium Alloy Market is segmented by Microstructure (Alpha and Near-alpha Alloy, Alpha-beta Alloy, and Beta Alloy), End-user Industry (Aerospace, Automotive and Shipbuilding, Chemical, Power and Desalination, and Other End-user Industries), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). 

The report also offers market size and forecasts for 13 countries across major regions. For all the segments, the market sizing and forecasts have been done on the basis of volume (kilotons).

By Microstructure
Alpha and Near-Alpha
Alpha-Beta
Beta
By End-User Industry
Aerospace
Automotive and Shipbuilding
Chemical Processing
Power and Desalination
Medical and Dental Implants
Other End-user Industries (Oil and Gas, etc.)
Geography
Asia-Pacific China
Japan
India
South Korea
Rest of Asia-Pacific
North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Russia
Rest of Europe
South America Brazil
Argentina
Rest of South America
Middle-East and Africa Saudi Arabia
South Africa
Rest of Middle-East and Africa
By Microstructure Alpha and Near-Alpha
Alpha-Beta
Beta
By End-User Industry Aerospace
Automotive and Shipbuilding
Chemical Processing
Power and Desalination
Medical and Dental Implants
Other End-user Industries (Oil and Gas, etc.)
Geography Asia-Pacific China
Japan
India
South Korea
Rest of Asia-Pacific
North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Russia
Rest of Europe
South America Brazil
Argentina
Rest of South America
Middle-East and Africa Saudi Arabia
South Africa
Rest of Middle-East and Africa
Need A Different Region or Segment?
Customize Now

Key Questions Answered in the Report

How large is the titanium alloy market in 2025 and what CAGR is expected to 2030?

The titanium alloy market size stands at 158.23 kilotons in 2025 and is set to grow at a 5.26% CAGR, reaching 204.46 kilotons by 2030.

Which application segment is expanding the fastest?

Medical and dental implants show the fastest growth, projected at a 7.35% CAGR through 2030 due to rising surgical volumes and 3D-printed patient-specific solutions.

Which microstructure segment holds the largest share today?

Alpha-Beta grades lead, accounting for 51.67% of titanium alloy market share in 2024, thanks to their balance of strength and formability for aerospace structures.

Which region is expected to record the highest growth?

The Middle East and Africa region is forecast to be the fastest-growing geography at a 5.94% CAGR, bolstered by Saudi mining investments and neutral supplier positioning.

What is the primary supply-side challenge facing titanium producers?

Limited aerospace-qualified sponge capacity and high energy costs from the Kroll process constrain output, creating a supply bottleneck for downstream alloy production.

Page last updated on:

Titanium Alloy Report Snapshots