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Titanium in North America

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    Report

  • 54 Pages
  • August 2024
  • Region: North America
  • GlobalData
  • ID: 6025262
Description Jump to:
Titanium in North America industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • Titanium is a white metallic element that occurs widely in igneous rocks. These elements are strong and have various chemical properties such as low density, high corrosion resistance, and high-temperature stability.
  • The North American titanium market recorded revenues of $3.95 billion in 2023, representing a compound annual growth rate (CAGR) of 2.8% between 2018 and 2023.
  • Market consumption volume increased with a CAGR of 2.8% between 2018 and 2023, reaching 1,310.9 kilotons in 2023.
  • The North American region accounted for the second-largest share, 20.0%, of the global titanium market in 2023.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the titanium market in North America
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the titanium market in North America
  • Leading company profiles reveal details of key titanium market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the North America titanium market with five year forecasts by both value and volume

Reasons to Buy

  • What was the size of the North America titanium market by value in 2023?
  • What will be the size of the North America titanium market in 2028?
  • What factors are affecting the strength of competition in the North America titanium market?
  • How has the market performed over the last five years?
  • Who are the top competitors in North America's titanium market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market rivalry
1.8. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the recent developments in the market?
8 Company Profiles
8.1. Chemours Co
8.2. Tronox Holdings Plc
8.3. Venator Materials PLC
8.4. Kronos Worldwide Inc
8.5. Titanium Metals Corp
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related the analyst research
10.4. About the Analyst
List of Tables
Table 1: North America titanium market value: $ million, 2018-23
Table 2: North America titanium market volume: Kilotons, 2018-23
Table 3: North America titanium market category segmentation: % share, by value, 2018-2023
Table 4: North America titanium market category segmentation: $ million, 2018-2023
Table 5: North America titanium market geography segmentation: $ million, 2023
Table 6: North America titanium market value forecast: $ million, 2023-28
Table 7: North America titanium market volume forecast: Kilotons, 2023-28
Table 8: Chemours Co: key facts
Table 9: Chemours Co: annual financial ratios
Table 10: Chemours Co: key employees
Table 11: Tronox Holdings Plc: key facts
Table 12: Tronox Holdings Plc: annual financial ratios
Table 13: Tronox Holdings Plc: key employees
Table 14: Tronox Holdings Plc: key employees Continued
Table 15: Venator Materials PLC: key facts
Table 16: Venator Materials PLC: annual financial ratios
Table 17: Venator Materials PLC: key employees
Table 18: Kronos Worldwide Inc: key facts
Table 19: Kronos Worldwide Inc: annual financial ratios
Table 20: Kronos Worldwide Inc: key employees
Table 21: Kronos Worldwide Inc: key employees Continued
Table 22: Titanium Metals Corp: key facts
Table 23: North America exchange rate, 2018-23
List of Figures
Figure 1: North America titanium market value: $ million, 2018-23
Figure 2: North America titanium market volume: Kilotons, 2018-23
Figure 3: North America titanium market category segmentation: $ million, 2018-2023
Figure 4: North America titanium market geography segmentation: % share, by value, 2023
Figure 5: North America titanium market value forecast: $ million, 2023-28
Figure 6: North America titanium market volume forecast: Kilotons, 2023-28
Figure 7: Forces driving competition in the titanium market in North America, 2023
Figure 8: Drivers of buyer power in the titanium market in North America, 2023
Figure 9: Drivers of supplier power in the titanium market in North America, 2023
Figure 10: Factors influencing the likelihood of new entrants in the titanium market in North America, 2023
Figure 11: Factors influencing the threat of substitutes in the titanium market in North America, 2023
Figure 12: Drivers of degree of rivalry in the titanium market in North America, 2023

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Chemours Co
  • Tronox Holdings Plc
  • Venator Materials PLC
  • Kronos Worldwide Inc
  • Titanium Metals Corp

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About the Market

Titanium is a non-ferrous metal that is widely used in a variety of industries due to its strength, light weight, and corrosion resistance. It is used in aerospace, automotive, medical, and chemical industries, among others. Titanium is also used in the production of sporting goods, jewelry, and other consumer products. Titanium is produced in two forms: primary and secondary. Primary titanium is produced from titanium ore, while secondary titanium is produced from scrap metal. The production of titanium is a complex process that involves several steps, including mining, refining, and alloying. The titanium market is highly competitive, with a number of large companies operating in the space. Some of the major players in the market include Alcoa, VSMPO-AVISMA, ATI, Timet, and RTI International Metals. These companies are involved in the production, processing, and distribution of titanium products. Show Less Read more

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