MARKETING RESEARCH OF THE GLOBAL TITANIUM MARKET

Abstract

The global titanium market covers the mining, processing, and utilization of titanium. The market expansion depends on the rapid demand increase in the industries related to aerospace and aviation. The logistics supply chain covers the titanium ores extraction and their further processing into titanium and its alloys. Market dynamics, price, and availability of titanium are influenced by geopolitical factors, technological innovations, and end-user sectors. The general characteristics, growth factors, and limitations of the global titanium market are provided. The natural reserves of titanium ore deposits were assessed and indicated as suitable for development. Features of the world market of titanium compounds, as well as the titanium ore reserves distribution by countries, are given. Information is provided on the largest titanium and its alloys producing countries. The global titanium market is segmented by geographic regions, product types, titanium alloys microstructure types, and end users. The factors determining the significant volatility of titanium metal prices were identified. The key "players" of the global titanium market were identified.