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Synopsis
The global Titanium Sponge by Mg-thermal Reduction market size was valued at USD 1997.2 million in 2022 and is forecast to a readjusted size of USD 4274.7 million by 2029 with a CAGR of 11.5% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
In the middle of 2023, China's titanium sponge market will further weaken. With the substantial increase in the production of titanium sponge in China and the weakening of demand in some downstream industries, the oversupply situation in the titanium sponge market has intensified. Recently, the product inventory of sponge titanium enterprises has gradually increased, and the sales pressure has increased. In order to seize the market, enterprises are forced to compete for orders by cutting prices. At the end of May, the price of grade 1 titanium sponge in China dropped by US$430-700/ton compared with the beginning of May.
After the price of sponge titanium fell, domestic titanium prices did not change significantly. The main reasons are, first, that the price of sponge titanium fell relatively flat before mid-May, and second, that titanium material companies still have a certain amount of high-priced titanium sponge inventory that needs to be digested. Therefore, the impact of the price reduction of sponge titanium has not yet been fully transmitted to titanium products.
In the manufacturing process for titanium sponge, pure titanium tetrachloride is reacted in a stainless steel reactor with magnesium metal heated to 900℃. The titanium tetrachloride is reduced by the magnesium to produce the sponge. Magnesium chloride is extracted at regular intervals during the reaction by the application of pressure. After the reaction has completed, the magnesium chloride and magnesium included in the lump of titanium sponge are eliminated by high temperature vacuum extraction (vacuum separation process), to leave the titanium sponge.
This report is a detailed and comprehensive analysis for global Titanium Sponge by Mg-thermal Reduction market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
- Global Titanium Sponge by Mg-thermal Reduction market size and forecasts, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2018-2029
- Global Titanium Sponge by Mg-thermal Reduction market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2018-2029
- Global Titanium Sponge by Mg-thermal Reduction market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2018-2029
- Global Titanium Sponge by Mg-thermal Reduction market shares of main players, shipments in revenue ($ Million), sales quantity (Tons), and ASP (US$/Ton), 2018-2023.
The Primary Objectives in This Report Are:
- To determine the size of the total market opportunity of global and key countries
- To assess the growth potential for Titanium Sponge by Mg-thermal Reduction
- To forecast future growth in each product and end-use market
- To assess competitive factors affecting the marketplace.
This report profiles key players in the global Titanium Sponge by Mg-thermal Reduction market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include AVISMA, UKTMP, ZTMC, OSAKA Titanium and Toho Titanium, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Titanium Sponge by Mg-thermal Reduction market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
- Ti Above 99.7%
- Ti 99.5%~99.7%
- Ti 99.3%~99.5%
- Ti Below 99.3%
Market segment by Application
- Aerospace and Defense
- Chemical
- Medical
- Electric Power
- Othersr
Major players covered
- AVISMA
- UKTMP
- ZTMC
- OSAKA Titanium
- Toho Titanium
- Pangang Group Titanium Industrial
- Chaoyang Jinda Titanium Industry
- Luoyang Shuangrui Wanji Titanium
- Xinjiang Xiangrun New Material Technology
- Chaoyang Baisheng
- Zunyi Titanium
- LB GROUP
- Baotai Huashen
- Shengfeng Titanium
- Anshan Hailiang
- CITIC Jinzhou Ferroalloy
- Baoji Lixing Titanium
Market segment by region, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Titanium Sponge by Mg-thermal Reduction product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Titanium Sponge by Mg-thermal Reduction, with price, sales, revenue and global market share of Titanium Sponge by Mg-thermal Reduction from 2018 to 2023.
Chapter 3, the Titanium Sponge by Mg-thermal Reduction competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Titanium Sponge by Mg-thermal Reduction breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Titanium Sponge by Mg-thermal Reduction market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Titanium Sponge by Mg-thermal Reduction.
Chapter 14 and 15, to describe Titanium Sponge by Mg-thermal Reduction sales channel, distributors, customers, research findings and conclusion.
Index
1 Market Overview
1.1 Product Overview and Scope of Titanium Sponge by Mg-thermal Reduction
1.2 Market Estimation Caveats and Base Year
1.3 Market Analysis by Type
1.3.1 Overview: Global Titanium Sponge by Mg-thermal Reduction Consumption Value by Type: 2018 Versus 2022 Versus 2029
1.3.2 Ti Above 99.7%
1.3.3 Ti 99.5%~99.7%
1.3.4 Ti 99.3%~99.5%
1.3.5 Ti Below 99.3%
1.4 Market Analysis by Application
1.4.1 Overview: Global Titanium Sponge by Mg-thermal Reduction Consumption Value by Application: 2018 Versus 2022 Versus 2029
1.4.2 Aerospace and Defense
1.4.3 Chemical
1.4.4 Medical
1.4.5 Electric Power
1.4.6 Othersr
1.5 Global Titanium Sponge by Mg-thermal Reduction Market Size & Forecast
1.5.1 Global Titanium Sponge by Mg-thermal Reduction Consumption Value (2018 & 2022 & 2029)
1.5.2 Global Titanium Sponge by Mg-thermal Reduction Sales Quantity (2018-2029)
1.5.3 Global Titanium Sponge by Mg-thermal Reduction Average Price (2018-2029)
2 Manufacturers Profiles
2.1 AVISMA
2.1.1 AVISMA Details
2.1.2 AVISMA Major Business
2.1.3 AVISMA Titanium Sponge by Mg-thermal Reduction Product and Services
2.1.4 AVISMA Titanium Sponge by Mg-thermal Reduction Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.1.5 AVISMA Recent Developments/Updates
2.2 UKTMP
2.2.1 UKTMP Details
2.2.2 UKTMP Major Business
2.2.3 UKTMP Titanium Sponge by Mg-thermal Reduction Product and Services
2.2.4 UKTMP Titanium Sponge by Mg-thermal Reduction Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.2.5 UKTMP Recent Developments/Updates
2.3 ZTMC
2.3.1 ZTMC Details
2.3.2 ZTMC Major Business
2.3.3 ZTMC Titanium Sponge by Mg-thermal Reduction Product and Services
2.3.4 ZTMC Titanium Sponge by Mg-thermal Reduction Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.3.5 ZTMC Recent Developments/Updates
2.4 OSAKA Titanium
2.4.1 OSAKA Titanium Details
2.4.2 OSAKA Titanium Major Business
2.4.3 OSAKA Titanium Titanium Sponge by Mg-thermal Reduction Product and Services
2.4.4 OSAKA Titanium Titanium Sponge by Mg-thermal Reduction Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.4.5 OSAKA Titanium Recent Developments/Updates
2.5 Toho Titanium
2.5.1 Toho Titanium Details
2.5.2 Toho Titanium Major Business
2.5.3 Toho Titanium Titanium Sponge by Mg-thermal Reduction Product and Services
2.5.4 Toho Titanium Titanium Sponge by Mg-thermal Reduction Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.5.5 Toho Titanium Recent Developments/Updates
2.6 Pangang Group Titanium Industrial
2.6.1 Pangang Group Titanium Industrial Details
2.6.2 Pangang Group Titanium Industrial Major Business
2.6.3 Pangang Group Titanium Industrial Titanium Sponge by Mg-thermal Reduction Product and Services
2.6.4 Pangang Group Titanium Industrial Titanium Sponge by Mg-thermal Reduction Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.6.5 Pangang Group Titanium Industrial Recent Developments/Updates
2.7 Chaoyang Jinda Titanium Industry
2.7.1 Chaoyang Jinda Titanium Industry Details
2.7.2 Chaoyang Jinda Titanium Industry Major Business
2.7.3 Chaoyang Jinda Titanium Industry Titanium Sponge by Mg-thermal Reduction Product and Services
2.7.4 Chaoyang Jinda Titanium Industry Titanium Sponge by Mg-thermal Reduction Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.7.5 Chaoyang Jinda Titanium Industry Recent Developments/Updates
2.8 Luoyang Shuangrui Wanji Titanium
2.8.1 Luoyang Shuangrui Wanji Titanium Details
2.8.2 Luoyang Shuangrui Wanji Titanium Major Business
2.8.3 Luoyang Shuangrui Wanji Titanium Titanium Sponge by Mg-thermal Reduction Product and Services
2.8.4 Luoyang Shuangrui Wanji Titanium Titanium Sponge by Mg-thermal Reduction Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.8.5 Luoyang Shuangrui Wanji Titanium Recent Developments/Updates
2.9 Xinjiang Xiangrun New Material Technology
2.9.1 Xinjiang Xiangrun New Material Technology Details
2.9.2 Xinjiang Xiangrun New Material Technology Major Business
2.9.3 Xinjiang Xiangrun New Material Technology Titanium Sponge by Mg-thermal Reduction Product and Services
2.9.4 Xinjiang Xiangrun New Material Technology Titanium Sponge by Mg-thermal Reduction Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.9.5 Xinjiang Xiangrun New Material Technology Recent Developments/Updates
2.10 Chaoyang Baisheng
2.10.1 Chaoyang Baisheng Details
2.10.2 Chaoyang Baisheng Major Business
2.10.3 Chaoyang Baisheng Titanium Sponge by Mg-thermal Reduction Product and Services
2.10.4 Chaoyang Baisheng Titanium Sponge by Mg-thermal Reduction Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.10.5 Chaoyang Baisheng Recent Developments/Updates
2.11 Zunyi Titanium
2.11.1 Zunyi Titanium Details
2.11.2 Zunyi Titanium Major Business
2.11.3 Zunyi Titanium Titanium Sponge by Mg-thermal Reduction Product and Services
2.11.4 Zunyi Titanium Titanium Sponge by Mg-thermal Reduction Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.11.5 Zunyi Titanium Recent Developments/Updates
2.12 LB GROUP
2.12.1 LB GROUP Details
2.12.2 LB GROUP Major Business
2.12.3 LB GROUP Titanium Sponge by Mg-thermal Reduction Product and Services
2.12.4 LB GROUP Titanium Sponge by Mg-thermal Reduction Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.12.5 LB GROUP Recent Developments/Updates
2.13 Baotai Huashen
2.13.1 Baotai Huashen Details
2.13.2 Baotai Huashen Major Business
2.13.3 Baotai Huashen Titanium Sponge by Mg-thermal Reduction Product and Services
2.13.4 Baotai Huashen Titanium Sponge by Mg-thermal Reduction Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.13.5 Baotai Huashen Recent Developments/Updates
2.14 Shengfeng Titanium
2.14.1 Shengfeng Titanium Details
2.14.2 Shengfeng Titanium Major Business
2.14.3 Shengfeng Titanium Titanium Sponge by Mg-thermal Reduction Product and Services
2.14.4 Shengfeng Titanium Titanium Sponge by Mg-thermal Reduction Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.14.5 Shengfeng Titanium Recent Developments/Updates
2.15 Anshan Hailiang
2.15.1 Anshan Hailiang Details
2.15.2 Anshan Hailiang Major Business
2.15.3 Anshan Hailiang Titanium Sponge by Mg-thermal Reduction Product and Services
2.15.4 Anshan Hailiang Titanium Sponge by Mg-thermal Reduction Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.15.5 Anshan Hailiang Recent Developments/Updates
2.16 CITIC Jinzhou Ferroalloy
2.16.1 CITIC Jinzhou Ferroalloy Details
2.16.2 CITIC Jinzhou Ferroalloy Major Business
2.16.3 CITIC Jinzhou Ferroalloy Titanium Sponge by Mg-thermal Reduction Product and Services
2.16.4 CITIC Jinzhou Ferroalloy Titanium Sponge by Mg-thermal Reduction Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.16.5 CITIC Jinzhou Ferroalloy Recent Developments/Updates
2.17 Baoji Lixing Titanium
2.17.1 Baoji Lixing Titanium Details
2.17.2 Baoji Lixing Titanium Major Business
2.17.3 Baoji Lixing Titanium Titanium Sponge by Mg-thermal Reduction Product and Services
2.17.4 Baoji Lixing Titanium Titanium Sponge by Mg-thermal Reduction Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.17.5 Baoji Lixing Titanium Recent Developments/Updates
3 Competitive Environment: Titanium Sponge by Mg-thermal Reduction by Manufacturer
3.1 Global Titanium Sponge by Mg-thermal Reduction Sales Quantity by Manufacturer (2018-2023)
3.2 Global Titanium Sponge by Mg-thermal Reduction Revenue by Manufacturer (2018-2023)
3.3 Global Titanium Sponge by Mg-thermal Reduction Average Price by Manufacturer (2018-2023)
3.4 Market Share Analysis (2022)
3.4.1 Producer Shipments of Titanium Sponge by Mg-thermal Reduction by Manufacturer Revenue ($MM) and Market Share (%): 2022
3.4.2 Top 3 Titanium Sponge by Mg-thermal Reduction Manufacturer Market Share in 2022
3.4.2 Top 6 Titanium Sponge by Mg-thermal Reduction Manufacturer Market Share in 2022
3.5 Titanium Sponge by Mg-thermal Reduction Market: Overall Company Footprint Analysis
3.5.1 Titanium Sponge by Mg-thermal Reduction Market: Region Footprint
3.5.2 Titanium Sponge by Mg-thermal Reduction Market: Company Product Type Footprint
3.5.3 Titanium Sponge by Mg-thermal Reduction Market: Company Product Application Footprint
3.6 New Market Entrants and Barriers to Market Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
4.1 Global Titanium Sponge by Mg-thermal Reduction Market Size by Region
4.1.1 Global Titanium Sponge by Mg-thermal Reduction Sales Quantity by Region (2018-2029)
4.1.2 Global Titanium Sponge by Mg-thermal Reduction Consumption Value by Region (2018-2029)
4.1.3 Global Titanium Sponge by Mg-thermal Reduction Average Price by Region (2018-2029)
4.2 North America Titanium Sponge by Mg-thermal Reduction Consumption Value (2018-2029)
4.3 Europe Titanium Sponge by Mg-thermal Reduction Consumption Value (2018-2029)
4.4 Asia-Pacific Titanium Sponge by Mg-thermal Reduction Consumption Value (2018-2029)
4.5 South America Titanium Sponge by Mg-thermal Reduction Consumption Value (2018-2029)
4.6 Middle East and Africa Titanium Sponge by Mg-thermal Reduction Consumption Value (2018-2029)
5 Market Segment by Type
5.1 Global Titanium Sponge by Mg-thermal Reduction Sales Quantity by Type (2018-2029)
5.2 Global Titanium Sponge by Mg-thermal Reduction Consumption Value by Type (2018-2029)
5.3 Global Titanium Sponge by Mg-thermal Reduction Average Price by Type (2018-2029)
6 Market Segment by Application
6.1 Global Titanium Sponge by Mg-thermal Reduction Sales Quantity by Application (2018-2029)
6.2 Global Titanium Sponge by Mg-thermal Reduction Consumption Value by Application (2018-2029)
6.3 Global Titanium Sponge by Mg-thermal Reduction Average Price by Application (2018-2029)
7 North America
7.1 North America Titanium Sponge by Mg-thermal Reduction Sales Quantity by Type (2018-2029)
7.2 North America Titanium Sponge by Mg-thermal Reduction Sales Quantity by Application (2018-2029)
7.3 North America Titanium Sponge by Mg-thermal Reduction Market Size by Country
7.3.1 North America Titanium Sponge by Mg-thermal Reduction Sales Quantity by Country (2018-2029)
7.3.2 North America Titanium Sponge by Mg-thermal Reduction Consumption Value by Country (2018-2029)
7.3.3 United States Market Size and Forecast (2018-2029)
7.3.4 Canada Market Size and Forecast (2018-2029)
7.3.5 Mexico Market Size and Forecast (2018-2029)
8 Europe
8.1 Europe Titanium Sponge by Mg-thermal Reduction Sales Quantity by Type (2018-2029)
8.2 Europe Titanium Sponge by Mg-thermal Reduction Sales Quantity by Application (2018-2029)
8.3 Europe Titanium Sponge by Mg-thermal Reduction Market Size by Country
8.3.1 Europe Titanium Sponge by Mg-thermal Reduction Sales Quantity by Country (2018-2029)
8.3.2 Europe Titanium Sponge by Mg-thermal Reduction Consumption Value by Country (2018-2029)
8.3.3 Germany Market Size and Forecast (2018-2029)
8.3.4 France Market Size and Forecast (2018-2029)
8.3.5 United Kingdom Market Size and Forecast (2018-2029)
8.3.6 Russia Market Size and Forecast (2018-2029)
8.3.7 Italy Market Size and Forecast (2018-2029)
9 Asia-Pacific
9.1 Asia-Pacific Titanium Sponge by Mg-thermal Reduction Sales Quantity by Type (2018-2029)
9.2 Asia-Pacific Titanium Sponge by Mg-thermal Reduction Sales Quantity by Application (2018-2029)
9.3 Asia-Pacific Titanium Sponge by Mg-thermal Reduction Market Size by Region
9.3.1 Asia-Pacific Titanium Sponge by Mg-thermal Reduction Sales Quantity by Region (2018-2029)
9.3.2 Asia-Pacific Titanium Sponge by Mg-thermal Reduction Consumption Value by Region (2018-2029)
9.3.3 China Market Size and Forecast (2018-2029)
9.3.4 Japan Market Size and Forecast (2018-2029)
9.3.5 Korea Market Size and Forecast (2018-2029)
9.3.6 India Market Size and Forecast (2018-2029)
9.3.7 Southeast Asia Market Size and Forecast (2018-2029)
9.3.8 Australia Market Size and Forecast (2018-2029)
10 South America
10.1 South America Titanium Sponge by Mg-thermal Reduction Sales Quantity by Type (2018-2029)
10.2 South America Titanium Sponge by Mg-thermal Reduction Sales Quantity by Application (2018-2029)
10.3 South America Titanium Sponge by Mg-thermal Reduction Market Size by Country
10.3.1 South America Titanium Sponge by Mg-thermal Reduction Sales Quantity by Country (2018-2029)
10.3.2 South America Titanium Sponge by Mg-thermal Reduction Consumption Value by Country (2018-2029)
10.3.3 Brazil Market Size and Forecast (2018-2029)
10.3.4 Argentina Market Size and Forecast (2018-2029)
11 Middle East & Africa
11.1 Middle East & Africa Titanium Sponge by Mg-thermal Reduction Sales Quantity by Type (2018-2029)
11.2 Middle East & Africa Titanium Sponge by Mg-thermal Reduction Sales Quantity by Application (2018-2029)
11.3 Middle East & Africa Titanium Sponge by Mg-thermal Reduction Market Size by Country
11.3.1 Middle East & Africa Titanium Sponge by Mg-thermal Reduction Sales Quantity by Country (2018-2029)
11.3.2 Middle East & Africa Titanium Sponge by Mg-thermal Reduction Consumption Value by Country (2018-2029)
11.3.3 Turkey Market Size and Forecast (2018-2029)
11.3.4 Egypt Market Size and Forecast (2018-2029)
11.3.5 Saudi Arabia Market Size and Forecast (2018-2029)
11.3.6 South Africa Market Size and Forecast (2018-2029)
12 Market Dynamics
12.1 Titanium Sponge by Mg-thermal Reduction Market Drivers
12.2 Titanium Sponge by Mg-thermal Reduction Market Restraints
12.3 Titanium Sponge by Mg-thermal Reduction Trends Analysis
12.4 Porters Five Forces Analysis
12.4.1 Threat of New Entrants
12.4.2 Bargaining Power of Suppliers
12.4.3 Bargaining Power of Buyers
12.4.4 Threat of Substitutes
12.4.5 Competitive Rivalry
12.5 Influence of COVID-19 and Russia-Ukraine War
12.5.1 Influence of COVID-19
12.5.2 Influence of Russia-Ukraine War
13 Raw Material and Industry Chain
13.1 Raw Material of Titanium Sponge by Mg-thermal Reduction and Key Manufacturers
13.2 Manufacturing Costs Percentage of Titanium Sponge by Mg-thermal Reduction
13.3 Titanium Sponge by Mg-thermal Reduction Production Process
13.4 Titanium Sponge by Mg-thermal Reduction Industrial Chain
14 Shipments by Distribution Channel
14.1 Sales Channel
14.1.1 Direct to End-User
14.1.2 Distributors
14.2 Titanium Sponge by Mg-thermal Reduction Typical Distributors
14.3 Titanium Sponge by Mg-thermal Reduction Typical Customers
15 Research Findings and Conclusion
16 Appendix
16.1 Methodology
16.2 Research Process and Data Source
16.3 Disclaimer
Published By : GlobalInfoResearch
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