Product Code: ETC008624 | Publication Date: Jun 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The India titanium market is expected to register a CAGR of around 4.3% during the forecast period 2025-2031. Titanium and its alloys have been known since the early 1930s for their superior strength, corrosion resistance, low weight, and high temperature tolerance. It has become an essential material in various industries such as aerospace & defense, medical & healthcare, automotive, construction & infrastructure development due to its excellent characteristics like superior strength-to-weight ratio and superior corrosion resistance over steel or aluminum materials.
? Growing Demand from Aerospace Industry: The increasing demand from the aerospace industry is one of the major drivers for the growth of titanium market in India. Rapid expansion in commercial air transport fleets coupled with stringent regulations related to aircraft performance and fuel efficiency are expected to drive greater usage of lightweight components made up from titanium products over other metals such as aluminum or steel which will further boost the growth of this market in India.
? Increasing Use In Medical Devices Manufacturing Industry: Increase in use of titanium alloys by medical device manufacturing companies owing to its biocompatibility properties is anticipated to propel the production rate of these alloys significantly thereby driving up revenue generated through sales thereof into Indian markets during forecast period 2025-2031 . Moreover growing awareness among people about benefits associated with implantation surgery using these metals will further contribute toward growth attributed towards Indian titanium industry during said time frame.
? High Price Of Raw Material And Low Production Rate Of Titanium Scrap May Hamper Market Growth : Titanium metal being costly than most common industrial raw materials might hamper sale rate due availability issues faced by buyers , hence resulting into lower revenue generation throughout projected time span along with reducing profit margins earned by producers operating within same sector . Additionally , low production rate registered by scrap recycling plants can result into shortage regarding supply available which can also lead towards rise observed within price tag attached onto final product leading toward reduced purchase orders received by manufacturers operating therein.
? Rising Focus On Research & Development Activities To Develop Newer Alloys For Better Performance : Manufacturers active within sphere are focusing on discovering newer variants featuring improved characteristics when used under extreme conditions so that it can be applied across multiple industries simultaneously thus helping them gain competitive edge against existing competitors who may be offering similar set features yet at higher rates owing lack updated know how regarding latest technologies introduced recently . This factor is likely to help them attract larger customer base
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Titanium Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Titanium Market Revenues & Volume, 2021 & 2031F |
3.3 India Titanium Market - Industry Life Cycle |
3.4 India Titanium Market - Porter's Five Forces |
3.5 India Titanium Market Revenues & Volume Share, By Product Types, 2021 & 2031F |
3.6 India Titanium Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 India Titanium Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Titanium Market Trends |
6 India Titanium Market, By Types |
6.1 India Titanium Market, By Product Types |
6.1.1 Overview and Analysis |
6.1.2 India Titanium Market Revenues & Volume, By Product Types, 2021-2031F |
6.1.3 India Titanium Market Revenues & Volume, By Titanium Concentrate, 2021-2031F |
6.1.4 India Titanium Market Revenues & Volume, By Titanium tetrachloride, 2021-2031F |
6.1.5 India Titanium Market Revenues & Volume, By Titanium Sponge, 2021-2031F |
6.1.6 India Titanium Market Revenues & Volume, By Ferrotitanium, 2021-2031F |
6.1.7 India Titanium Market Revenues & Volume, By Titanium pigment, 2021-2031F |
6.1.8 India Titanium Market Revenues & Volume, By Others, 2021-2031F |
6.2 India Titanium Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 India Titanium Market Revenues & Volume, By Aerospace & Marine, 2021-2031F |
6.2.3 India Titanium Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.4 India Titanium Market Revenues & Volume, By Medical, 2021-2031F |
6.2.5 India Titanium Market Revenues & Volume, By Energy, 2021-2031F |
6.2.6 India Titanium Market Revenues & Volume, By Pigments, Additives & Coatings, 2021-2031F |
6.2.7 India Titanium Market Revenues & Volume, By Papers & Plastics, 2021-2031F |
7 India Titanium Market Import-Export Trade Statistics |
7.1 India Titanium Market Export to Major Countries |
7.2 India Titanium Market Imports from Major Countries |
8 India Titanium Market Key Performance Indicators |
9 India Titanium Market - Opportunity Assessment |
9.1 India Titanium Market Opportunity Assessment, By Product Types, 2021 & 2031F |
9.2 India Titanium Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 India Titanium Market - Competitive Landscape |
10.1 India Titanium Market Revenue Share, By Companies, 2024 |
10.2 India Titanium Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |