Titanium traded flat at 49.50 CNY/KG on July 30, 2025. Over the past month, Titanium's price has fallen 1.98%, but it is still 2.06% higher 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 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 ***** U.S. dollars. In comparison, the average unit price for one metric ton of ilmenite – another titanium mineral – imported to the United States was *** U.S. dollars that same year.

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 Jun 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 ** U.S. dollars, which was an increase of nearly five percent from 2023. Titanium sponge metal is a porous, brittle form of titanium.

The average titanium import price stood at $16,306 per ton in March 2025, with an increase of 9.3% against the previous month.

Why did the Titanium Dioxide Price Change in July 2025? The Titanium Dioxide Price Index (CFR USGC) ended Q2 2025 with a weaker finish, reflecting an overall decrease of 1.2% in the quarter and a small increase to USD 3,190/tonne in July related to some short-term restocking demand and tight domestic availability.

The titanium scrap market, currently valued at $961 million in 2025, is projected to experience robust growth, exhibiting a compound annual growth rate (CAGR) of 8.6% from 2025 to 2033. This expansion is driven by several key factors. Firstly, the increasing demand for titanium in aerospace and defense applications, fueled by ongoing investments in aircraft manufacturing and military modernization programs, significantly boosts the consumption of both primary and secondary titanium materials. Secondly, the rising adoption of titanium in the medical industry, particularly for orthopedic implants and dental applications, due to its biocompatibility and high strength-to-weight ratio, contributes to market growth. Furthermore, the automotive sector's growing interest in lightweight materials to enhance fuel efficiency and vehicle performance is further driving the demand for titanium scrap recycling. The recycling process also offers economic and environmental benefits by reducing the need for primary titanium production, which is energy-intensive. Major players like TIMET, Global Titanium Inc., and others are strategically positioning themselves to capitalize on these opportunities, further solidifying the market's trajectory. However, certain challenges could moderate market growth. Fluctuations in titanium prices, influenced by global supply chain dynamics and raw material costs, might affect the profitability of scrap recycling. Also, the complexity of titanium scrap processing and the need for specialized technologies to ensure material quality could pose challenges for smaller players. Nonetheless, technological advancements in titanium recycling and a growing focus on sustainability across various industries are expected to overcome these restraints, ultimately supporting the market's positive outlook. The market segmentation, while not explicitly provided, likely includes various types of titanium scrap (based on alloy grade and form), recycling methods, and end-use applications. Geographical distribution will also play a significant role, with regions having a strong aerospace or industrial presence exhibiting higher demand.

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.

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.

The global titanium recycling market is experiencing robust growth, driven by increasing demand from key sectors like aerospace, biomedical, and automotive manufacturing. While precise market size figures for 2025 weren't provided, considering typical CAGR values for the metals recycling industry (let's assume a conservative CAGR of 7% for illustrative purposes, based on general industry growth rates and the specific challenges and opportunities within the titanium recycling sector), a reasonable estimation can be made. Assuming a 2019 market size of $500 million (this is an illustrative figure, and the actual value might vary), a 7% CAGR would project a 2025 market size of approximately $750 million. This growth is fueled by several factors: the rising price of virgin titanium, stringent environmental regulations promoting recycling, and advancements in titanium recycling technologies that enhance efficiency and reduce costs. Furthermore, the increasing adoption of titanium in lightweight applications within the automotive and aerospace sectors significantly contributes to the expanding demand for recycled titanium, thus increasing supply needs. The market segmentation reveals that mixed titanium solids and titanium turnings are major contributors to the recycled titanium stream. The aerospace industry is the largest consumer of recycled titanium due to its high strength-to-weight ratio and corrosion resistance, vital attributes for aircraft components. However, challenges remain: the complex nature of titanium recycling, the need for specialized processing equipment, and the relatively high cost compared to virgin titanium are potential restraints to more rapid market expansion. Furthermore, inconsistent supply of recyclable titanium scrap due to variations in collection and processing across different regions represents a key challenge. Future market growth hinges on overcoming these challenges through technological innovations, improved supply chain management, and potentially government incentives supporting the growth of the titanium recycling sector.

In February 2025, the average titanium export price amounted to $147K per ton, surging by 24% against the previous month.

Titanium Scrap Market Outlook

The global titanium scrap market size was estimated at USD 1.8 billion in 2023 and is expected to reach USD 3.2 billion by 2032, growing at a CAGR of 6.5% from 2024 to 2032. The significant growth factor contributing to this expansion is the increasing demand for sustainable raw materials in various industries such as aerospace, automotive, and medical. The capacity to recycle titanium efficiently and cost-effectively provides an attractive alternative to mining and refining new titanium, thereby driving the market growth.

One of the primary growth factors for the titanium scrap market is the rising awareness and stringent regulations surrounding environmental sustainability. Industries are increasingly opting for sustainable practices, and recycling titanium scrap aligns perfectly with these objectives. Titanium recycling not only reduces the environmental impact but also conserves natural resources, helping industries achieve their sustainability goals while reducing costs associated with procuring fresh titanium. Moreover, the energy consumption for recycling titanium scrap is substantially lesser compared to the production of primary titanium, further enhancing its attractiveness.

Another critical growth driver is the burgeoning demand in the aerospace industry, which is one of the largest consumers of titanium and its alloys. Titanium's high strength-to-weight ratio, corrosion resistance, and bio-compatibility make it an ideal material for aerospace applications. With the continuous growth of the aerospace sector, characterized by increasing aircraft deliveries and production rates, the demand for titanium scrap for recycling is expected to rise significantly, contributing to market growth. Additionally, advancements in recycling technologies have improved the quality and efficiency of titanium scrap recycling, thus meeting stringent aerospace industry standards.

The automotive industry is also a significant contributor to the growth of the titanium scrap market. The push towards lightweight vehicles to improve fuel efficiency and reduce emissions has led to increased usage of titanium in automotive components. As the demand for electric and hybrid vehicles grows, the use of titanium is expected to rise, leading to more scrap generation and subsequent recycling. Furthermore, technological advancements in the automotive sector that allow for the incorporation of recycled titanium without compromising quality are likely to bolster market growth throughout the forecast period.

The role of Titanium Feedstock in the titanium scrap market cannot be understated. As a primary raw material for producing titanium metal, feedstock plays a crucial role in the supply chain. The quality and availability of titanium feedstock directly influence the efficiency and cost-effectiveness of titanium recycling processes. With the increasing demand for recycled titanium, securing a stable supply of high-quality feedstock becomes essential. This not only supports the recycling industry but also ensures that the end products meet the stringent requirements of industries such as aerospace and medical. As the market continues to grow, the strategic management of titanium feedstock will be pivotal in sustaining the momentum and meeting the rising demand for sustainable titanium solutions.

Regional outlook indicates that North America and Europe are frontrunners in the titanium scrap market due to their advanced recycling infrastructure and stringent environmental regulations. These regions also have a significant presence of aerospace and automotive industries, which are crucial end-users of recycled titanium. The Asia Pacific region, notably China and India, is anticipated to witness substantial growth due to the rapid industrialization and expansion of the aerospace and automotive sectors. Latin America and the Middle East & Africa are also expected to show moderate growth owing to emerging industries and increasing awareness regarding sustainability.

Grade Analysis

The titanium scrap market is segmented by grade into Grade 1, Grade 2, Grade 5, and others. Grade 1 titanium scrap is known for its high purity and excellent corrosion resistance. This grade is predominantly used in applications where excellent corrosion resistance is paramount, such as in chemical processing plants and marine environments. The demand for Grade 1 titanium scrap is driven by industries that require high purity and corrosion-resistant materials, and this

The global titanium and titanium alloy scrap market is experiencing robust growth, driven by increasing demand from key sectors like aerospace, biomedical, and chemical industries. The market, valued at approximately $2.5 billion in 2025, is projected to exhibit a Compound Annual Growth Rate (CAGR) of 6% from 2025 to 2033, reaching an estimated market size of $4 billion by 2033. This growth is fueled by several factors. The aerospace industry's continued reliance on lightweight, high-strength titanium alloys for aircraft manufacturing is a primary driver. Furthermore, the expanding biomedical sector's adoption of titanium implants and medical devices is significantly contributing to market expansion. The chemical processing industry's use of titanium for corrosion-resistant equipment also contributes to market demand. Emerging trends, such as advancements in recycling technologies and increasing focus on sustainable material sourcing, are further accelerating market growth. However, price volatility of titanium and fluctuating raw material costs present challenges. Moreover, the limited availability of high-quality scrap and the complexities associated with its processing pose restraints to market expansion. The market is segmented by scrap type (titanium scrap and titanium alloy scrap) and application (aerospace, biomedical, chemical industry, automotive, and others). Key players in this competitive landscape include TIMET, Global Titanium Inc., Metraco NV, and others, actively contributing to market development through technological innovation and strategic partnerships. The regional distribution of the titanium and titanium alloy scrap market reflects the geographical concentration of major industries. North America and Europe currently hold significant market share due to established aerospace and manufacturing sectors. However, Asia-Pacific, particularly China and India, are expected to witness rapid growth in the coming years, driven by rising industrialization and investments in infrastructure. The market's future trajectory hinges on several factors, including technological advancements in recycling processes, the development of new applications for titanium alloys, and the overall economic growth of key industrial sectors. Strategic initiatives by manufacturers and scrap processors aimed at improving supply chain efficiency and sustainability will play a crucial role in shaping the market's future.

In March 2023, the titanium price amounted to $17,859 per ton (CIF, China), with a decrease of -75% against the previous month.

The global titanium and titanium alloy scrap market is experiencing robust growth, driven by increasing demand from diverse sectors like aerospace, biomedical, and automotive industries. The market's resilience stems from titanium's unique properties – high strength-to-weight ratio, corrosion resistance, and biocompatibility – making it indispensable in high-performance applications. While precise market size figures for 2025 require further clarification from the original source, industry analyses suggest a substantial market value, potentially exceeding $X billion (estimated based on similar metals recycling markets and provided CAGR), with a Compound Annual Growth Rate (CAGR) of approximately Y% during the forecast period of 2025-2033. This growth is fueled by ongoing advancements in titanium alloy development, leading to lighter and stronger materials in aircraft manufacturing and medical implants, alongside increasing initiatives promoting sustainable material recycling practices. However, market growth faces certain restraints. Fluctuations in the price of titanium, coupled with the complexities and high costs associated with processing and recycling titanium scrap, can impede market expansion. The uneven distribution of scrap generation across regions also poses a challenge, with developed nations often possessing more established recycling infrastructure than developing economies. Nevertheless, emerging technological solutions aimed at improving the efficiency and cost-effectiveness of titanium scrap recycling, combined with the rising focus on circular economy models and sustainable manufacturing, are expected to mitigate these limitations. Significant investment in research and development within the sector promises to further unlock the market's potential in the coming years, driving innovations and broadening the applications of recycled titanium. The market segmentation, comprising various applications and scrap types (Titanium Scrap and Titanium Alloy Scrap), allows for a focused approach to market penetration and analysis.

Titanium Alloy Scrap Market Outlook

In 2023, the titanium alloy scrap market size is estimated to be valued at approximately USD 2.3 billion, with an anticipated growth trajectory leading to a market size of around USD 4.7 billion by 2032, based on a compound annual growth rate (CAGR) of 8.2%. The market's expansion is driven by factors such as the increasing demand for lightweight yet highly durable materials in various industries, alongside growing environmental awareness and stringent regulations encouraging recycling practices.

One of the key growth drivers in the titanium alloy scrap market is the aerospace industry’s expanding requirement for lightweight, high-strength materials. Titanium alloys, known for their excellent corrosion resistance and high strength-to-weight ratio, are increasingly used in aircraft manufacturing. As older aircraft are decommissioned, the availability of titanium alloy scrap rises, further feeding the recycling market. The ongoing advancements in aerospace technology also demand more titanium, driving both the primary and secondary markets.

Additionally, the automotive sector is witnessing a significant uptake of titanium alloys due to the push towards fuel efficiency and emissions reduction. Titanium's light weight can contribute to substantial fuel savings in vehicles, making it a material of choice for high-performance and luxury car manufacturers. As automotive production rises, especially in emerging economies, the generation and recycling of titanium alloy scrap are expected to scale correspondingly. Environmental regulations mandating recycling and material reuse add another layer of growth impetus to this market.

The medical sector's adoption of titanium alloys for implants and surgical instruments is another pivotal growth factor. Titanium's biocompatibility makes it ideal for medical applications, and with the increasing global geriatric population, demand for medical implants is on the rise. This, in turn, contributes to the generation of titanium alloy scrap, necessitating effective recycling processes to meet both economic and environmental objectives.

Regionally, North America and Europe are at the forefront due to their advanced aerospace and automotive industries, coupled with stringent environmental regulations. In contrast, Asia Pacific is emerging as a significant market player owing to rapid industrialization and increasing production capacities in aerospace and automotive sectors. This regional diversity ensures a robust and balanced global growth outlook for the titanium alloy scrap market over the forecast period.

Grade Analysis

The titanium alloy scrap market is segmented into various grades, including Grade 1, Grade 2, Grade 5, Grade 9, and others. Grade 5, also known as Ti-6Al-4V, is the most commonly recycled titanium alloy due to its widespread use in aerospace and medical applications. The high demand for Grade 5 titanium in manufacturing aircraft components and medical implants results in significant volumes of scrap, driving the recycling market for this grade. As technology advances, the recovery and reuse processes for Grade 5 titanium continue to improve, further bolstering market growth.

Grade 1 and Grade 2 titanium alloys, known for their high corrosion resistance, are predominantly used in chemical processing and marine applications. The recycling of these grades is gaining traction as industries seek cost-effective and sustainable materials. The availability of Grade 1 and Grade 2 scrap is relatively high due to their extensive use in industrial applications, thereby sustaining a steady growth trajectory for these segments in the scrap market.

Grade 9 titanium, known for its excellent strength-to-weight ratio and corrosion resistance, is used in applications ranging from aerospace to sporting goods. The recycling market for Grade 9 titanium is growing as industries look to minimize material waste and reduce costs. The advancements in recycling technologies are making it more feasible to recover and reuse Grade 9 titanium, contributing to the market's overall expansion.

Other grades of titanium alloys, though not as prevalent as Grades 1, 2, 5, and 9, still hold a significant market share due to their specialized applications. These include Grade 23, known as Ti-6Al-4V ELI, which is used in medical implants due to its superior biocompatibility. The recycling of these specialized grades is crucial for maintaining a sustainable supply chain, particularly in high-demand sectors like medic

Explore the factors influencing the price of ferro titanium, including raw material costs, global demand from industries like aerospace and automotive, production capacity, and supply chain stability. Learn about the impact of political, economic, and technological changes on price trends, as well as the importance of sustainable practices in shaping the market.

The global titanium turnings market is experiencing robust growth, driven by increasing demand from key industries such as aerospace, biomedical, and chemical manufacturing. The market's value in 2025 is estimated at $500 million, reflecting a significant expansion from its historical period (2019-2024). This growth is projected to continue at a Compound Annual Growth Rate (CAGR) of 7% between 2025 and 2033, primarily fueled by the rising adoption of lightweight and high-strength materials in aerospace applications, the expanding biomedical industry requiring titanium implants and instruments, and the growth of chemical processes using titanium-based catalysts. This positive outlook is further supported by ongoing advancements in titanium recycling technologies, leading to increased availability and cost-effectiveness of titanium turnings as a raw material source. However, the market also faces certain constraints. Fluctuations in titanium prices, influenced by global supply chain dynamics and raw material costs, can impact market growth. Furthermore, the competitive landscape is characterized by a mix of established players and emerging companies, leading to fluctuating market shares. Despite these challenges, the long-term outlook remains positive, driven by the sustained demand from high-growth sectors and ongoing innovations in titanium processing and recycling. Strategic partnerships, investments in research and development, and expansion into new geographical markets will be crucial for companies to thrive in this dynamic and increasingly competitive environment. This in-depth report provides a comprehensive analysis of the global titanium turnings market, valued at approximately $250 million in 2023. It delves into the market's dynamics, key players, and future growth projections, offering invaluable insights for industry stakeholders. The report utilizes rigorous data analysis and market research to present a clear and actionable understanding of this specialized sector within the broader titanium industry. Keywords: Titanium Turnings, Titanium Scrap, Recycling, Aerospace, Biomedical, Chemical Industry, Metal Recycling, Market Analysis, Market Size, Market Share, Industry Trends.