Report Overview
The major global manufacturers of Titanium and Titanium Alloy Rods include Timet, Baoji
Titanium Industry, VSMPO-AVISMA Corporation, Western Superconducting Technologies, and ATI etc. in 2023, the world top three vendors accounted for approximately 42 % of the revenue.
Market Analysis
The global Titanium and Titanium Alloy Rods Market was valued at US$ 3,964 million in 2023 and is anticipated to reach US$ 5,983 million by 2030, witnessing a CAGR of 5.81% during the forecast period 2024-2030.
North American market for Titanium and Titanium Alloy Rods is estimated to increase from $ 1,344 million in 2023 to reach $ 1,986 million by 2030, at a CAGR of 5.46 % during the forecast period of 2024 through 2030.
Asia-Pacific market for Titanium and Titanium Alloy Rods is estimated to increase from $ 1,486 million in 2023 to reach $ 2,400 million by 2030, at a CAGR of 6.67 % during the forecast period of 2024 through 2030.
