QYResearch: Global Titanium Sponge Sales Market Report 2018 Overview
http://www.qyresearchglobal.com/goods-1306331.html Titanium Sponge is porous, loose metallic titanium with sponge shape. It is the main raw material and intermediate product of making titanium ingot, titanium powder and other titanium products.
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Titanium Sponge is porous, loose metallic titanium with sponge shape. It is the main raw material and intermediate product of making titanium ingot, titanium powder and other titanium products.
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<strong>QYResearch</strong>: <strong>Global</strong><br />
<strong>Titanium</strong> <strong>Sponge</strong> <strong>Sales</strong><br />
<strong>Market</strong> <strong>Report</strong> <strong>2018</strong><br />
<strong>Overview</strong><br />
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<strong>Titanium</strong> <strong>Sponge</strong> is porous, loose metallic titanium with<br />
sponge shape. It is the main raw material and<br />
intermediate product of making titanium ingot,<br />
titanium powder and other titanium products.<br />
<strong>Titanium</strong> sponge production is limited to <strong>Titanium</strong> ore<br />
resources and Ilmenite, the main <strong>Titanium</strong> mine<br />
production is concentrated in Australia, China, India,<br />
South Africa, Brazil, etc. Ilmenite is concentrated in<br />
Australia, India, South Africa, etc. Due to the lack of<br />
resources, some countries are restricting the<br />
Exploitation of <strong>Titanium</strong> ore, and Ilmenite is the<br />
common raw material in Japan and USA.<br />
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The technical barriers of <strong>Titanium</strong> sponge are not high, and the <strong>Titanium</strong> sponge<br />
production concentrated large companies including AVISMA, OSAKA, Toho, UKTMP, ATI,<br />
TIMET, ZTMC, Zunyi <strong>Titanium</strong>, and others. At present, the gap in product quality<br />
between companies is still significant.<br />
<strong>Titanium</strong> <strong>Sponge</strong> are mainly used to produce <strong>Titanium</strong>, which widely used in aerospace,<br />
ships, weapons, chemicals, petroleum, electric power, As the demand increases rapidly for<br />
downstream industries, the demand for <strong>Titanium</strong> <strong>Sponge</strong> will correspondingly increase.<br />
The increased consumption of titanium sponge is expected to increase during the<br />
remaining years of the forecast period of <strong>2018</strong>-2023. <strong>Titanium</strong> sponge industry will usher<br />
in a stable growth space.<br />
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In the second half of 2016, the raw material<br />
prices increased, and expected that the<br />
titanium sponge raw material price will not<br />
decrease in the short term. As the same time,<br />
the improvement of energy, transportation<br />
costs, employee wages, and equipment<br />
depreciation will play a significant role in<br />
promoting the cost of titanium sponge.<br />
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There are companies adding new capacities<br />
and aims at the cost and quality leadership<br />
which shall improve profitability. As the<br />
same time, companies are focusing on<br />
technological innovation, equipment upgrades,<br />
and process improvements, to reduce costs<br />
and improve quality. The competition in<br />
titanium sponge market will remains intense.<br />
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