Lucintel's latest study found that, The future of the global commercially pure titanium market looks promising with opportunities in the automotive, aerospace, medical, and metallurgical markets. The global commercially pure titanium market is expected to reach an estimated $5.8 billion by 2030 with a CAGR of 6.5% from 2024 to 2030. The major drivers for this market are increasing requirement in the aerospace sector, high application in the chemical processing industry, and significantly growing automotive industry.
In this market, CP titanium grade 1, CP titanium grade 2, CP titanium grade 3, and CP titanium grade 4 are the major segments of commercially pure titanium market by type.
Lucintel forecasts that CP titanium grade 1 is expected to witness the highest growth over the forecast period.
Browse in depth TOC of the Commercially Pure Titanium Market
100 - Figures
150-Pages
Commercially Pure Titanium Market is marked by presence of several big and small players. NSSMC, KOBE STEE, ATI Metals, Cartech, JFE Steel, Fort Wayne Metals, and Acciaierie Valbruna are the major suppliers in the commercially pure titanium market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected]