Titanium traded flat at 50.50 CNY/KG on June 6, 2025. Over the past month, Titanium's price has remained flat, but it is still 0.98% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. This dataset includes a chart with historical data for Titanium.

In 2024, the price for one kilogram of titanium sponge metal in the United States came to an estimated 13 U.S. dollars, which was an increase of nearly five percent from 2023. Titanium sponge metal is a porous, brittle form of titanium.

Get the latest insights on price movement and trend analysis of Titanium in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Titanium and Titanium-Base Alloy Mill Shapes (WPU10250505) from Dec 2003 to May 2025 about titanium, mills, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

In 2024, the price for one metric ton of bulk rutile – a titanium mineral – with a minimum of 95 percent titanium dioxide content, free on board from Australia, came to an estimated 1,310 U.S. dollars. In comparison, the average unit price for one metric ton of ilmenite – another titanium mineral – imported to the United States was 340 U.S. dollars that same year.

Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Hot Impression Die, Impact, Press and Upset Titanium and Titanium Alloy Forgings (WPU1027011112) from Dec 2007 to May 2025 about titanium, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

United States - Producer Price Index by Commodity: Metals and Metal Products: Titanium and Titanium-Base Alloy Mill Shapes was 177.48500 Index 1982=100 in February of 2022, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Metals and Metal Products: Titanium and Titanium-Base Alloy Mill Shapes reached a record high of 355.40000 in October of 2006 and a record low of 27.20000 in January of 1971. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Metals and Metal Products: Titanium and Titanium-Base Alloy Mill Shapes - last updated from the United States Federal Reserve on April of 2025.

Titanium Price in the UK - 2023. Find the latest marketing data on the IndexBox platform.

Titanium Metal Titanium Alloy Market Outlook 2032

The global titanium metal titanium alloy market size was USD 28.3 Billion in 2023 and is projected to reach USD 47.9 Billion by 2032, expanding at a CAGR of 6.3% during 2024–2032. The market growth is attributed to the growing environmental concerns.



Growing advancements in additive manufacturing, or 3D printing, are leading to novel applications of titanium metal titanium alloys. These alloys are being used to print complex components for aerospace and medical applications, offering significant advantages in terms of customization, waste reduction, and manufacturing speed.

Rising environmental and health concerns are leading to stricter regulations regarding the production and use of metal alloys. For instance, the Occupational Safety and Health Administration (OSHA) in the United States has set limits on occupational exposure to titanium dust and fumes. These regulations are likely to drive the development of safer production methods within the titanium metal titanium alloy industry. The impact on the market is expected to be significant, driving sustainability in the market.

Impact of Artificial Intelligence (AI) in Titanium Metal Titanium Alloy Market

Artificial Intelligence (AI) has a significant impact on the titanium metal titanium alloy market. AI's integration into production processes enhances efficiency and precision, leading to substantial cost reductions and improved product quality.



Predictive algorithms, powered by AI, enable accurate forecasting of market demand, allowing for timely adjustments in production schedules and supply chain management. Furthermore, AI's capacity for real-time data analysis identifies risks and opportunities, fostering a resilient and competitive industry. The automation of routine tasks, another benefit of AI, minimizes human error and optimizes resource allocation.

Titanium Metal Titanium Alloy Market Dynamics

The global titanium alloy scrap market is experiencing robust growth, driven by increasing demand from key sectors like aerospace and biomedical engineering. While precise market size figures for 2019-2024 are unavailable, a reasonable estimation based on current market trends and reported CAGRs suggests a 2025 market value of approximately $500 million. Considering a conservative CAGR of 5% (a figure easily justifiable given the industry's steady growth and increasing recycling efforts), the market is projected to reach approximately $700 million by 2033. This growth is fueled by several factors, including the rising adoption of lightweight yet high-strength titanium alloys in aerospace applications, particularly in aircraft manufacturing, and the expanding use of titanium implants in the biomedical industry. Furthermore, the increasing focus on sustainable material practices and the inherent value of recycling titanium are encouraging the growth of the scrap market.
However, market growth faces some challenges. Fluctuations in titanium prices, influenced by global supply chain dynamics and raw material costs, present a degree of uncertainty. The complex and specialized nature of titanium alloy scrap processing also poses a barrier to entry for new players, limiting market expansion. Despite these constraints, the long-term outlook for the titanium alloy scrap market remains positive, underpinned by ongoing technological advancements in recycling technologies and consistent demand from major industries, suggesting a steady upward trajectory well into the forecast period. The various types of titanium scrap, including Mixed Titanium Solids, Titanium Turnings, and Titanium Sponge/Residues, contribute to this diverse and dynamic market. Geographical distribution shows significant contributions from North America and Europe, with Asia-Pacific demonstrating high growth potential due to expanding manufacturing capabilities. Titanium Alloy Scrap Market Report: A Comprehensive Analysis This report provides an in-depth analysis of the global titanium alloy scrap market, projecting a market value exceeding $2 billion by 2028. We delve into the complexities of this niche market, examining key trends, influential players, and future growth projections. The report is ideal for investors, industry professionals, and researchers seeking a comprehensive understanding of this rapidly evolving sector.

Graph and download economic data for Producer Price Index by Industry: Nonferrous Metal (Except Copper and Aluminum) Rolling, Drawing, and Extruding: Titanium and Titanium-Base Alloy Mill Shapes (PCU3314913314913) from Dec 1975 to Apr 2025 about titanium, nonferrous metals, copper, aluminum, mills, metals, PPI, industry, inflation, price index, indexes, price, and USA.

Titanium prices in April 2023 reached $10,406 per ton (FOB, Japan), a 9.2% increase compared to the previous month.

For the fourth year in a row, the Philippines recorded growth in overseas purchases of titanium sponge, powders, ingots and slabs, which increased by 21% to 3.6 tons in 2023.

For the third year in a row, Sri Lanka recorded decline in purchases abroad of titanium sponge, powders, ingots and slabs, which decreased by -10% to 9 kg in 2023.

As per Cognitive Market Research's latest published report, the Global Medical Titanium Market size will be $27,389.76 Million by 2028.Medical Titanium Industry's Compound Annual Growth Rate will be 13.13% from 2023 to 2030.

The North America Medical Titanium market will be USD 9,512.46 Million by 2028.

What are the key driving factors for the Medical Titanium market?

Increasing demand of dental implants

Dental health crisis has been creating a stir in the past couple of decades. It is increasing owing to lack of awareness about dental hygiene and oral care. Rising consumption of illicit substances like tobacco, alcohol, and cigarettes increases the prevalence of dental problems among population. There has been rise in growing prevalence of dental caries among children Early childhood caries (ECC) is a serious public health problem in both developing and industrialized countries. It is caused by the interaction of bacteria, mainly Streptococcus mutants, and sugary foods on tooth enamel. S. mutants can spread from mother to baby during infancy and can inoculate even pre-dentate infants. The rising cases of dental caries among 6-9-year-old is further giving rise to increasing demand of dental surgeries. Additionally, surging geriatric population enhances the demand of dental implants.

Dental implants have become an increasingly popular treatment choice for replacing missing teeth. There has been a large increase in the prevalence of dental implants, from 0.7% in 1999 to 2000 to 5.7% in 2015 to 2016. Tooth loss is a very common problem and therefore use of dental implants is a common practice. Statistics provided by the American Association of Oral and Maxillofacial Surgeons show that 69% of adults ages 35 to 44 have lost at least one permanent tooth to an accident, gum disease, a failed root canal or tooth decay.

Number of patients taking up dental treatment as part of dental tourism is also on a rise. Acceptance rate is also increasing which makes corporate dental chains in the world optimistic about the concept. Moreover, advent of technology, the treatment for the disorders has been improved, which is one of the major aspects which boost the growth of the market for the estimated forecast period.

Titanium is a commonly used in dental work as titanium dental implants are safe and effective. Further, because of its biocompatibility, resistance to corrosion and mechanical properties titanium has become material of choice in several disciplines of dentistry. Thus, rising demand for dental implants enhances the growth of medical titanium market worldwide.

The protective properties and corrosion resistance is driving the demand for the titanium alloy in the medical industry

Restraints for Medical Titanium Market

Inconsistent, high raw material prices and insufficient supply chain along with lack of trained professionals.(Access Detailed Analysis in the Full Report Version)

Opportunities for Medical Titanium Market

Improvement in Healthcare Infrastructure in Emerging Nations.(Access Detailed Analysis in the Full Report Version)

What is Medical Titanium?

Titanium is a chemical element, which is silvery gray, hard, shiny and strong metal. Titanium has been used in the medical industry since 1940s, and now it is founded in the wide variety of biomedical implants. Titanium is consisting many characteristics which make it ideal metal for medical applications such as higher strength-to-weight ratio, non-ferromagnetic property, biocompatibility, bio-interfacing, durability, osseointegration etc. The medical titanium is available in four different pure titanium grades and as many as 25 different alloys. The pure titanium Grade is 1-4 of which Grade 1 being the softest and 4 being the strongest. The Grades 1, 2, and 4 are most commonly found in modern medical devices.

The Titanium is highly acceptable and being used widely in the medical industries for various implants as it is corrosion resistant and non-toxic to the body. The qualities of titanium prove to be MRI (Magnetic Resonance Imaging) and CT (Computed Tomography) compatible. The Titanium 6AL4V and Titanium 6AL4V ELI are the type of medical titanium which are widely used in the healthcare sectors. The medical titanium also has the various application such as in surgical instruments/ equipment like forceps, , misc instruments, needle holders, , scissors etc. T...

United States - Producer Price Index by Commodity: Metals and Metal Products: Hot Impression Die, Impact, Press and Upset Titanium and Titanium Alloy Forgings was 131.97600 Index Dec 2007=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Metals and Metal Products: Hot Impression Die, Impact, Press and Upset Titanium and Titanium Alloy Forgings reached a record high of 131.97600 in February of 2025 and a record low of 86.20000 in March of 2019. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Metals and Metal Products: Hot Impression Die, Impact, Press and Upset Titanium and Titanium Alloy Forgings - last updated from the United States Federal Reserve on June of 2025.

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Titanium Mill Products Market Size 2025-2029

The titanium mill products market size is forecast to increase by USD 636.4 million at a CAGR of 3.4% between 2024 and 2029.

The market is experiencing significant growth driven by the increasing applications of titanium in various industries, particularly in aerospace and automotive sectors, due to its lightweight and high-strength properties. Advanced manufacturing technologies, such as additive manufacturing and forging, are revolutionizing the production process, leading to cost savings and improved product quality. However, the high cost of titanium mill products remains a significant challenge for market growth, limiting their adoption in price-sensitive industries. To capitalize on the market opportunities, companies must focus on cost reduction strategies, such as process optimization and economies of scale, while also investing in research and development to expand the applications of titanium mill products beyond traditional industries. Effective supply chain management and strategic partnerships are also crucial for navigating the competitive landscape and maintaining a strong market position.

What will be the Size of the Titanium Mill Products Market during the forecast period?

Request Free SampleThe market encompasses a range of items derived from the chemical element, titanium, a transition metal known for its high strength, low density, and exceptional corrosion resistance. Titanium mill products include pipe and tube, rod and bar, sheets and plates, billets and bars, and other forms. With a melting point of 1668 degrees Celsius and a specific gravity of 4.51, titanium offers superior specific strength, making it an ideal choice for industries requiring anti-fatigue components. The market is driven by the increasing demand for lightweight, durable, and corrosion-resistant materials across various sectors, including aerospace, automotive, chemical processing, and oil and gas. The market is expected to grow steadily due to the expanding applications of titanium in infrastructure, medical devices, and other high-performance industries.

How is this Titanium Mill Products Industry segmented?

The titanium mill products industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. End-userIndustrialCommercial aerospaceDefenseProductSheets and platesBillets and barsOthersGrade TypeTitanium alloysCommercially pure titanium (grades 1-4)GeographyNorth AmericaUSCanadaAPACChinaIndiaJapanSouth KoreaEuropeFranceGermanyItalyUKMiddle East and AfricaSouth America

By End-user Insights

The industrial segment is estimated to witness significant growth during the forecast period.Titanium, a transition metal known for its high strength, low density, and exceptional corrosion resistance, is a valuable element in various industries. Titanium mill products, including pipe and tube, rod and bar, and sheets and plates, are essential in sectors such as aerospace, defense, and power generation. The metal's melting point, specific gravity, specific strength, anti-fatigue, thermal conductivity, and temperature tolerance make it suitable for passenger travel demand, aircraft production, seawater service applications, and copper nickel alloys. In the defense sector, titanium is used in intelligence gathering, defense electronics, and precision capabilities. Additionally, it serves as a roofing material for quake resistance and is used in ancient buildings. Titanium's unique properties make it an ideal choice for engine applications, compressor blades, hydraulic system components, and armor plating in naval ships. Its use extends to industrial alloys, medical implants, and lightweight materials such as titanium tubing. Despite its higher cost compared to steel and aluminum, titanium's longevity, durability, and overall environmental impact make it a cost-effective alternative in the long run.

Get a glance at the market report of share of various segments Request Free Sample

The Industrial segment was valued at USD 1451.90 million in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

North America is estimated to contribute 39% to the growth of the global market during the forecast period.Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

For more insights on the market size of various regions, Request Free Sample

The North American market for titanium mill products holds substantial significance due to its status as a leading producer and consumer in the global industry. The region's aerospace, defense, medical, and industrial sectors fuel the demand for these products. A key market driver in North Ameri

The global titanium turnings market, encompassing applications across aerospace, biomedical, and chemical industries, is poised for significant growth. Driven by increasing demand for lightweight and high-strength materials in aerospace components and the expanding biomedical device sector, the market is projected to experience substantial expansion. The use of titanium turnings in the production of titanium sponge, a crucial raw material in titanium metal manufacturing, further fuels this growth. While the precise market size for 2025 is unavailable, considering a reasonable CAGR of 7% (a conservative estimate given the growth in related sectors) and a potential 2019 market size of $500 million, the 2025 market size could be estimated at around $750 million. This assumes a consistent growth trajectory throughout the historical and forecast periods, accounting for fluctuations inherent in the market. Key growth drivers include technological advancements in titanium processing, increasing investments in aerospace and defense, and rising demand for corrosion-resistant materials in various applications. However, the market also faces restraints such as the volatility of raw material prices and the relatively high cost of titanium processing compared to alternative materials. The market segmentation, including different types of titanium turnings (Titanium Sworf, Rutile Scraps, Titanium Sponge/Residues, and Others), allows for tailored market analyses and strategic planning for players. The leading companies in the titanium turnings market are actively pursuing strategies to capitalize on these growth opportunities. These include partnerships, acquisitions, and investments in research and development to improve processing techniques and expand product portfolios. Regional variations are likely, with North America and Asia-Pacific expected to dominate the market due to significant manufacturing activity and the presence of key aerospace and biomedical industries. Europe also holds a strong position due to its established manufacturing base and adoption of advanced technologies. Future growth will be contingent on factors such as government policies promoting sustainable materials, advances in recycling technologies to reduce reliance on primary titanium production, and the ongoing expansion of the aerospace and biomedical sectors. The forecast period of 2025-2033 will likely witness considerable changes in market dynamics, potentially affected by economic fluctuations, global supply chain disruptions, and technological innovations.

Titanium Price in South Africa - 2023. Find the latest marketing data on the IndexBox platform.

In 2023, the amount of titanium sponge, powders, ingots and slabs imported into Australia plummeted to 56 tons, reducing by -33.1% compared with the previous year.