Global Titanium Scrap Market and Forecast 2020-2026

                                          
Titanium Scrap has a variety of properties when it comes to useful characteristics. With the vast amount of titanium used, there is also a vast amount of titanium scrap and titanium alloy scrap to recycle from these different forms. Titanium scrap and titanium alloy scrap has proved to be highly useful with their properties of superior corrosion resistance (saltwater propeller shafts), hard but lightweight makeup and high melting temperature.

Titanium Scrap could be used in wide range of areas, such as Aerospace, Biomedical, Chemical Industry and Automobile, etc. In 2019, the most widely used area was Aerospace, with a market share of over 49%.
North America, as the largest consumption region of global Titanium Scrap market, accounted for a market share of about 39% in 2019, followed by Asia-Pacific and Europe, with approximately 27% and 26%, respectively.

Market Analysis and Insights: Global Titanium Scrap Market


The global Titanium Scrap market size is projected to reach US$ 814.7 million by 2026, from US$ 583.9 million in 2020, at a CAGR of 5.7% during 2021-2026.

Global Titanium Scrap Scope and Segment

The global Titanium Scrap market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Titanium Scrap market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2015-2026.

The major regions covered in the report are North America, Europe, Asia-Pacific, South America, Middle East & Africa, etc. The report has specifically covered major countries including U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, UAE, etc. It includes revenue and volume analysis of each region and their respective countries for the forecast years. It also contains country-wise volume and revenue from the year 2015 to 2020. Additionally, it provides the reader with accurate data on volume sales according to the consumption for the same years.

By the product type, the market is primarily split into

 	
Mixed Titanium Solids
 	
Titanium Turnings
 	
Titanium Sworf
 	
RUTILE Scraps
 	
Titanium Sponge / Residues
 	
Others

By the end users/application, this report covers the following segments

 	
Aerospace
 	
Biomedical
 	
Chemical Industry
 	
Automobile
 	
Others

Competitive Landscape:
The report provides a list of all the key players in the Titanium Scrap market along with a detailed analysis of the strategies, which the companies are adopting. The strategies mainly include new product development, research, and development, and also provides revenue shares, company overview, and recent company developments to remain competitive in the market.

The Titanium Scrap key manufacturers in this market include:

 	
TIMET
 	
Global Titanium Inc.
 	
Metraco NV
 	
Monico Alloys
 	
Phoolchand Bhagatsingh
 	
Mega Metals
 	
United Alloys and Metals
 	
Globe Metal
 	
Grandis Titanium
 	
Goldman Titanium
 	
Wolfram Metal Recyclers'