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Titanium Powder Market Size

Report ID: GMI3566
Published Date: Dec 2024
Report Format: PDF

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Titanium Powder Market Size

The global titanium powder market size was valued at USD 1.5 billion in 2024 and is estimated to grow at a CAGR of over 14.8% from 2025 to 2034. Increased R&D and innovation in healthcare are boosting demand for titanium powder. The medical sector is focusing more on advanced technology and modern medical equipment.

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Over the years, titanium has become a top choice for medical and dental uses because it is stronger, lighter, and more resistant to corrosion than metals like stainless steel. For example, in 2020, Sandvik's newly launched Osprey titanium powders are bolstering the rising trend of 3D printing titanium components, aligning with the industry's pivot towards sustainable manufacturing and the demand for lighter parts.

Beyond minimizing material waste, additive manufacturing introduces unprecedented design flexibility. This advancement not only broadens the horizons for titanium applications beyond its traditional realms of aerospace and medical but also paves the way for its adoption in sectors like automotive and tooling.

Titanium Powder Market Report Attributes
Report Attribute	Details
Base Year:	2024
Titanium Powder Market Size in 2024:	USD 1.5 Billion
Forecast Period:	2025 to 2034
Forecast Period 2025 to 2034 CAGR:	14.8%
2034 Value Projection:	USD 6.1 Billion
Historical Data for:	2021 – 2024
No. of Pages:	235
Tables, Charts & Figures:	165
Segments covered:	Product, Grade, Application
Growth Drivers:	Increasing use of titanium powder in the medical sector Growing automotive industry will propel the market size Increasing applications of titanium powder in the aerospace sector
Pitfalls & Challenges:	Concerns related to the machining difficulties of titanium

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Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The global titanium powder industry was valued at USD 1.5 billion in 2024 and is estimated to grow at a CAGR of over 14.8% from 2025 to 2034, driven by increased R&D and innovation in healthcare.

The alloyed powder segment was valued at USD 1 billion in 2024 and is anticipated to expand at a 15.3% CAGR during 2025-2034 due to their higher tensile strength, lightweight nature, and resistance to extreme temperatures.

Titanium powders are used 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.

The U.S. titanium powder market was valued at USD 362.1 million in 2024 and is expected to grow at a 15.4% CAGR, primarily fueled by surging demand from the aerospace and automotive sectors.

Key players in the industry include Advanced Metallurgical Group, ADMA Products, AP&C, BLT, ECKART TLS, Global Titanium, IperionX, Kymera International, MEPCO, and N.V.