Titanium Price Chart, Historical and Forecast Analysis | Procurement Resource from Christeen Johnson's blog

Titanium, symbolized as Ti on the periodic table, stands as a fundamental chemical element with an atomic number of 22. It's predominantly sourced from minerals like rutile and ilmenite, although other mineral formations can contain it. With its distinctive lustrous appearance and characteristic as a transitional metal, titanium holds a notable presence.

One of its remarkable attributes is its exceptional resistance to corrosion coupled with a relatively low density. In terms of abundance in the Earth's crust, titanium ranks ninth among elements.

The major contributors to global titanium production include the United States, Japan, China, Russia, and the United Kingdom.

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Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Titanium price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.

The Titanium prices, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Titanium finds widespread application in fasteners, airplane components, and various machinery parts. Its presence is crucial in gas turbine engines, compressor blades, and a range of components due to its remarkable lightweight, robust nature, and exceptional resistance to corrosion.

The metal's exceptional strength-to-weight ratio and its ability to withstand high temperatures make it a staple in the aerospace industry. Beyond aviation, it plays a pivotal role in heat exchangers, electric power plants, seawater desalination plants, and chemical applications like titanium anodes and containers.

• VSMPO-AVISMA Corporation
• Osaka Titanium Technologies Co., Ltd.
• Toho Titanium Co., Ltd.
• The Chemours Company
• Western Metal Materials Co., Ltd (WMM)
• Allegheny Technologies Incorporated (ATI)

Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence providing you with the latest and consistent data.

To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.

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