Global Binary Ti-Al Alloys Supply, Demand and Key Producers, 2023-2029

Global Binary Ti-Al Alloys Supply, Demand and Key Producers, 2023-2029

The global Binary Ti-Al Alloys market size is expected to reach $ 6699.4 million by 2029, rising at a market growth of 10.5% CAGR during the forecast period (2023-2029).

Binary Ti-Al Alloys have excellent strength and low density, making them attractive for lightweight designs. Research and development efforts are currently focused on improving the strength and durability of Binary Ti-Al Alloys to meet the ever-increasing requirements for high performance and lightweighting. Binary Binary Ti-Al Alloys remain stable at high temperatures and are therefore used in aero-engine and aerospace applications for high temperature components such as turbine blades and gas turbine parts. Future developments may include improving the high temperature properties of the alloy to cope with more demanding environments. Binary titanium-aluminium alloys have good corrosion resistance, but some applications require higher corrosion resistance. Researchers are looking for ways to improve the alloy's corrosion resistance to expand its applications. Overall, binary titanium-aluminium alloys are promising for a wide range of applications in a number of fields, and as a result research and development in materials science and manufacturing technology continues. These trends reflect the need for higher performance, sustainability and versatility to meet evolving market demands.

Binary Ti-Al Alloys are a class of titanium aluminide alloys composed primarily of titanium (Ti) and aluminum (Al), with little to no addition of other alloying elements.

This report studies the global Binary Ti-Al Alloys production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Binary Ti-Al Alloys, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Binary Ti-Al Alloys that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Binary Ti-Al Alloys total production and demand, 2018-2029, (Tons)

Global Binary Ti-Al Alloys total production value, 2018-2029, (USD Million)

Global Binary Ti-Al Alloys production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (Tons)

Global Binary Ti-Al Alloys consumption by region & country, CAGR, 2018-2029 & (Tons)

U.S. VS China: Binary Ti-Al Alloys domestic production, consumption, key domestic manufacturers and share

Global Binary Ti-Al Alloys production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (Tons)

Global Binary Ti-Al Alloys production by Type, production, value, CAGR, 2018-2029, (USD Million) & (Tons)

Global Binary Ti-Al Alloys production by Application production, value, CAGR, 2018-2029, (USD Million) & (Tons).

This reports profiles key players in the global Binary Ti-Al Alloys market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include ATI, VSMPO-AVISMA, Precision Castparts Corp, Western Superconducting, Howmet Aerospace (Alcoa), carpentertechnology, DaidoSteel, AMG and KBMAffilips, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Binary Ti-Al Alloys market.

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Tons) and average price (US$/Ton) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Binary Ti-Al Alloys Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Binary Ti-Al Alloys Market, Segmentation by Type
α2-Ti3Al
γ-TiAl
β-TiAl

Global Binary Ti-Al Alloys Market, Segmentation by Application
Automotive
Aerospace
Power & Energy
Medical
Defence
Sports
Others

Companies Profiled:
ATI
VSMPO-AVISMA
Precision Castparts Corp
Western Superconducting
Howmet Aerospace (Alcoa)
carpentertechnology
DaidoSteel
AMG
KBMAffilips
Timet
Special Metals Corporation
Norsk Titanium
Aperam Alloys Imphy
Kobe Steel, Ltd. (Kobelco)

Key Questions Answered

1. How big is the global Binary Ti-Al Alloys market?

2. What is the demand of the global Binary Ti-Al Alloys market?

3. What is the year over year growth of the global Binary Ti-Al Alloys market?

4. What is the production and production value of the global Binary Ti-Al Alloys market?

5. Who are the key producers in the global Binary Ti-Al Alloys market?