Titanium increased 3.50 CNY/KG or 7.87% since the beginning of 2025, 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 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.

During the last quarter of 2024, the titanium prices in the United States reached 2960 USD/MT (all values for titanium dioxide) in December. The prices rose by around 19.59% compared to the same quarter last year. The prices are rising due to a combination of factors, including supply chain issues, increased demand, and geopolitical tensions. Moreover, supply chain disruptions have contributed to price inflation.

Explore IMARC’s newly published report, titled “Titanium Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition,” offers an in-depth analysis of titanium pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Titanium and Titanium-Base Alloy Mill Shapes (WPU102505) from Jan 1971 to Feb 2025 about titanium, mills, metals, commodities, PPI, 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.

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.

In 2024, the price for one metric ton of titanium dioxide pigment in the United States came to an estimated 3,200 U.S. dollars. This represented a decrease of nearly 470 U.S. dollars per metric ton when compared to the price in 2018. Titanium dioxide pigments are also referred to as titanium white.

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

Price for Titanium Ore and Concentrate in the United States - 2023. Find the latest marketing data on the IndexBox platform.

The global market size of titanium in 2022 amounted to 28.59 billion U.S. dollars. As of June 2023, the market value of titanium was projected to grow to nearly 31 billion U.S. dollars. The titanium market size is forecast to grow over the coming years, to nearly 52 billion U.S. dollars in 2030.

During the fourth quarter of 2024, the titanium dioxide prices in the United States reached 3256 USD/Ton in December. The market faced persistent pricing challenges in the quarter due to excess supply and subdued demand from industries like automotive, construction, and paints and coatings. Seasonal slowdowns in December further pressured prices, while destocking activities added to market softness.

Explore IMARC’s newly published report, titled “Titanium dioxide Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2024 Edition,” offers an in-depth analysis of titanium dioxide pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

During the second quarter of 2024, the titanium tetrachloride prices in Japan reached 1021 USD/MT in June. The market witnessed a significant fall driven by seasonal demand declines and excess production. While freight costs surged, downstream demand in sectors like construction remained average, leading to an unsteady market.

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

According to Cognitive Market Research, the global titanium alloy market size is USD 4512.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 4.00% from 2024 to 2031.

North America held the major market of more than 40% of the global revenue with a market size of USD 1804.88 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.2% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 1353.66 million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD 1037.81 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.0% from 2024 to 2031.
Latin America market of more than 5% of the global revenue with a market size of USD 225.61 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.4% from 2024 to 2031.
Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 90.24 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.7% from 2024 to 2031.
The US had the most significant global titanium alloy market revenue share in 2024.

Market Dynamics of Titanium Alloy Market

Key Drivers of Titanium Alloy Market

Increasing Demand for Lightweight and High-Strength Materials in Aerospace and Defense Applications to Boost Market Expansion

The titanium alloy market is significantly driven by the growing need for lightweight materials in the automotive and aerospace sectors. Titanium alloys are perfect for situations where weight reduction is important because they have a remarkable mix of low density and high strength. Airframes, landing gears, and engine parts are among the aircraft components for which titanium alloys are in high demand due to the aerospace industry's quest for improved performance and fuel economy. In the automobile industry, the necessity for lightweight materials to increase fuel economy and range has increased due to strict pollution rules and the drive for electric cars. In order to reduce weight without sacrificing strength, titanium alloys are being used more and more in automotive applications, including as exhaust systems, chassis parts, and suspension systems. In the upcoming years, the market for titanium alloys is anticipated to develop as a result of the increasing need for lightweight materials in both industries.

Expanding Applications in Medical Implants and Devices to Boost Market Growth

Titanium alloys' growing use in medical equipment and implants is another important factor propelling the market's expansion. Titanium alloys are very well suited for medical applications due to their superior mechanical, corrosion-resistant, and biocompatibility characteristics. Orthopedic implants, dental implants, and cardiovascular devices are in greater demand as the world's population ages and the frequency of chronic illnesses rises. These medical gadgets frequently employ titanium alloys because of their propensity to blend in with the body without producing negative side effects. Technological developments in additive manufacturing have enabled the fabrication of intricate and personalized titanium implants, hence augmenting the market prospects. It is anticipated that the growing use of titanium alloys in the medical field to enhance patient outcomes and quality of life will help in market growth.

Restraint Factors Of Titanium Alloy Market

High Cost of Titanium Alloys to Limit Market Expansion

The high cost of producing titanium alloys is one of the main factors impeding the market for titanium alloys. Due to its relative rarity and the need for specific methods for extraction and processing, titanium has a high cost of manufacturing. Aluminum, vanadium, and nickel are examples of alloying metals that can raise the total cost of titanium alloys. These elements are employed to improve their qualities. Because of their high price, titanium alloys are less competitive than other materials, especially in price-sensitive markets like consumer products and the automobile industry. The profitability of companies that produce titanium alloys can be impacted by changes in the price of raw materials and energy. The high cost of titanium alloys, despite their excellent qualities, continues to be a major obstacle to market expansion, particularly in applications where cos...

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...

As per Cognitive Market Research's latest published report, the Global Aerospace Titanium Blisk market size will be $5,373.30 Million by 2029.

Asia Pacific Aerospace Titanium Blisk market size will be USD 2,111.27 Million by 2029.

Factors Affecting Aerospace Titanium Blisk Market Growth:

Rise in demand for commercial aircraft

A commercial aircraft is defined as any aircraft that transports people and/or goods for a fee or other value, such as money or services given. Commercial airliners are used to transport people and freight on a regular basis between designated airports.

Many individuals have begun to favour aircraft over other modes of transportation in recent years, whether domestically or internationally, due to the variety of advantages it provides. People like to go by plane because of their fast speed. Flights can traverse great distances in a short amount of time. This makes this model the best option if the client has to transport a product quickly or if their freight requires particular protection or accommodation.

Aviation shipping also has a high level of security because airport safety limits on cargo are tightly enforced. Thus, many people often prefer flights for travelling as well as cargo services. This increases the number of flights. The demand for commercial aircraft has increased as the number of flights has increased.   The commercial aviation sector is expected to deliver 19,330 aircraft over the next 10 years, according to Boeing's updated predictions, with the bulk of those being single-aisle jets like the Airbus A320 and Boeing 737 Max. This raises the demand for aircraft titanium blisks. Consequently, the rise in demand for commercial aircraft stimulated the growth of the aerospace titanium blisk market.

Benefits associated with the usage of titanium

Titanium is frequently employed in a variety of aerospace applications due to its numerous benefits. Titanium is 45 per cent lighter than steel and has twice the strength of aluminium yet is just 60% of the weight. It is corrosion-resistant in seawater as well as its’ melting point is 3,034.4 degrees Fahrenheit, making it resistant to extreme temperatures (1,668 degrees Celsius). Even at high flow rates, it resists abrasion, cavitation, and erosion. It is even biodegradable. As a result, titanium becomes the great decision for aerospace blisk employed in NASA spaceships and other cutting-edge technologies.

Similarly, the price of titanium has decreased in recent years, which can assist aircraft producers. Titanium cost $5,200 per metric ton in 2015 but dropped to $4,150 per metric ton in 2017. As a result of the cost savings connected with the repair process, aerospace market participants were not hesitant to acquire a new blisk.

Over the course of its 30-year life, a contemporary commercial aircraft is designed to fly over 60.000 hours and make over 20.000 flights. The high-performance materials employed in both the airframe and propulsion systems are largely responsible for this incredible capacity. Titanium plays a significant role in one of these high-performance materials.

Furthermore, rather than producing bare compressor discs and afterwards adding the blades, blisks are single parts that combine the two. This eliminates the need for the blades to be mounted to the disc, decreasing the number of components in the compressor and improving air compression efficiency in the engine.

Titanium is also available in alloys including other metals such as aluminium, steel, and stainless steel. These alloys offer excellent corrosion, fatigue, cracking, and high-temperature resistance. They are suited for high-stress military applications such as aeroplanes, naval ships, missiles, and spacecraft because of their characteristics. The use of blisks in modern turbojet engines' compressors and fans not only improves performance but also eliminates the need to assemble the rotor disc and blades, allowing the critical component to being produced in a single configuration on the same machine tool.

As a result, benefits associated with the usage of titanium drive the growth of the aerospace titanium blisk market.

Restraints for Aerospace Titanium Blisk Market

Availability of substitute products (Access Detailed Analysis in the Full Report Version)

Opportunities for Aerospace Titanium Blisk Market

Rising usage of military aircraft (Access Deta...

Explore the Titanium Global Market Report 2025 Market trends! Covers key players, growth rate 6.5% CAGR, market size $36.96 Billion, and forecasts to 2033. Get insights now!

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

The global titanium market totaled $9.1B in 2024, with an increase of 3.1% against the previous year. The market value increased at an average annual rate of +1.3% from 2012 to 2024; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, consumption attained the peak level of $9.3B. From 2023 to 2024, the growth of the global market remained at a somewhat lower figure.

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