Titanium Metals Corporation

Titanium Metal Market Size to Reach USD 6703.2 Million by 2027 at a CAGR of 5.3% | Valuates Reports

Retrieved on: 
Monday, April 25, 2022

The global Titanium Metal Market was valued at USD 4659 Million in 2020 and it is expected to reach USD 6703.2 Million by the end of 2027, growing at a CAGR of 5.3% from 2021 to 2027.

Key Points: 
  • The global Titanium Metal Market was valued at USD 4659 Million in 2020 and it is expected to reach USD 6703.2 Million by the end of 2027, growing at a CAGR of 5.3% from 2021 to 2027.
  • Moreover, the rapid use in the petrochemical, medical, automotive, and energy sectors will propel the Titanium metal market forward during the forecast period.
  • Moreover, the ongoing R&D initiatives by governments in the aviation sector will further boost the titanium metal market size.
  • Based on region, Asia-Pacific will be the dominating segment in the titanium metal market share with 35% followed by Europe and North America.

The Worldwide Titanium Industry is Expected to Reach $33.5 Billion by 2026 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, October 12, 2021

The "Titanium Market by Product Type (Titanium Dioxide, Titanium Metal), By End-use Industry and Region (North America, Europe, Asia-Pacific, MEA & South America) - Global Forecast to 2026" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Titanium Market by Product Type (Titanium Dioxide, Titanium Metal), By End-use Industry and Region (North America, Europe, Asia-Pacific, MEA & South America) - Global Forecast to 2026" report has been added to ResearchAndMarkets.com's offering.
  • The global titanium market size is projected to grow from USD 24.7 billion in 2021 to USD 33.5 billion by 2026, at a CAGR of 6.3% between 2021 and 2026.
  • However, the global pandemic disease COVID-19 has disrupted the operations of titanium industries which has decreased the demand for titanium in 2020.
  • Titanium Metal Product Type is the fastest-growing Product Type of Titanium, in terms of value.

Titanium Industry Leaders Join Hyperion Advisory Board

Retrieved on: 
Tuesday, July 20, 2021

Hyperion Metals Limited (ASX: HYM) is pleased to announce the appointment of Dr. Eliana Fu and Mr. Tom Witheford to Hyperions Scientific and Technical Advisory Board.

Key Points: 
  • Hyperion Metals Limited (ASX: HYM) is pleased to announce the appointment of Dr. Eliana Fu and Mr. Tom Witheford to Hyperions Scientific and Technical Advisory Board.
  • Dr. Eliana Fu, PhD, is a materials scientist with extensive industry experience in aerospace additive and traditional manufacturing at Titanium Metals Corp (TIMET).
  • Dr. Fu and Mr. Witheford will assist Hyperion with expertise, knowledge and contacts across the titanium supply chain, from the production of primary titanium metal to the development of high value products such as titanium alloy powders for additive manufacturing.
  • Hyperion anticipates that the appointment of Dr. Fu and Mr. Witheford will accelerate the advanced discussions with customers for low cost, low carbon titanium metal products.

USW Seeks Intervention to Save Titanium Sponge Plant, Citing National Security, Defense Concerns

Retrieved on: 
Tuesday, August 4, 2020

PITTSBURGH, Aug. 3, 2020 /PRNewswire/ --The United Steelworkers (USW) today urged Congress and the Trump administration to act immediately in the interest of saving TIMET's titanium sponge plant in Henderson, Nev., from permanent closure.

Key Points: 
  • PITTSBURGH, Aug. 3, 2020 /PRNewswire/ --The United Steelworkers (USW) today urged Congress and the Trump administration to act immediately in the interest of saving TIMET's titanium sponge plant in Henderson, Nev., from permanent closure.
  • TIMET announced on July 13 that it intended to idle the facility.
  • "With so much more than jobs at stake, the USW will not allow TIMET to deprive our nation of this critical resource without a fight," Prescott said.
  • "Before it's too late, President Trump and congressional leaders from both parties must take action to prevent compromising our national defense."