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The market from alloyed powder segment was valued at USD 1 billion in 2024, and it is anticipated to expand 15.3% of CAGR during 2025-2034. Demand for alloy-based titanium powders is on the rise, driven by their superior attributes: higher tensile strength, lightweight nature, and resistance to extreme temperatures.
These powders are finding applications in manufacturing components that endure high stress, including high-end sports equipment, bicycles, military gear, medical devices, home appliances, sports cars, spacecraft, aircraft, and connecting rods. Consequently, significant investments in the defense and military sectors, coupled with an increasing demand for large-scale manufacturing, are set to boost the demand for alloy powders.
Titanium powder market from grade 5 segment was valued at USD 798 million in 2024 and gained 15.2% CAGR from 2025 to 2034. Grade 5 titanium powders, known for their corrosion resistance, find extensive applications in medical, chemical, marine, and aerospace sectors. This titanium grade boasts a superior strength-to-weight ratio, making it ideal for cryogenic conditions. Furthermore, Grade 5 powders are versatile, being utilized in designing technical components like marine parts, sports equipment, and high-performance automotive units. Additionally, this titanium grade offers numerous benefits, including excellent biocompatibility, weldability, and resistance to crack formation.
The aerospace & defense segment was valued at USD 672.2 million in 2024 and gained 15.5% CAGR from 2025 to 2034. The rising demand for titanium powders is being fueled by the integration of additive manufacturing in crafting high-tech aircraft components, including landing gears, cabin interiors, jet engines, fuselages, and turbine parts. Recently, aerospace manufacturers have been swiftly embracing cutting-edge technologies to engineer intricate aircraft structures, prioritizing enhanced fuel efficiency, performance, reliability, and reduced lead times. Amid escalating geopolitical tensions and a race for technological and military supremacy, numerous economies are channeling substantial investments to spur innovation.
The U.S. titanium powder market was valued at USD 362.1 million in 2024 and expected to grow at a 15.4% CAGR. In the U.S., the market is witnessing growth, primarily fueled by surging demand from the aerospace and automotive sectors. Within aerospace, titanium powder plays a pivotal role in 3D printing lightweight, high-strength components, thereby boosting aircraft fuel efficiency and performance. The sector's swift embrace of additive manufacturing underscores its goals of cost reduction and enhanced production flexibility.
Meanwhile, in the automotive realm, the shift towards electric and fuel-efficient vehicles has catalyzed the adoption of titanium powder. This shift enables the production of lightweight, durable parts, furthering energy efficiency. These industry movements are bolstered by continuous technological advancements and strategic investments in cutting-edge manufacturing methods, such as metal powder bed fusion?.