Product Code: ETC109123 | Publication Date: Jul 2023 | Updated Date: Jan 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The India titanium alloys market is expected to witness significant growth over the forecast period, owing to its increasing demand in aerospace and automotive industries. Titanium alloy is used for components such as airframes, fan blades, landing gears, engine parts, drive shafts and other structural components due its excellent strength-to-weight ratio. This makes it an ideal choice for aircraft manufacturers as it helps reduce fuel consumption and emissions. The growing demand from medical device industry is also driving the growth of the market. Furthermore, rising investments in defense sector are likely to contribute towards the market expansion during forecast period.
Increasing use in aerospace applications; Growing demand from medical device industry; Rising investments in defense sector; Increasing focus on lightweight materials in automotive industry; Growing trend of 3D printing technology
High production cost associated with titanium alloys; Limited availability of raw materials
The titanium alloys market in India is highly fragmented, with major players such as Tata Steel, Godrej Group, Mahindra & Mahindra, and Jindal Steel & Power Ltd. dominating the market. Other key participants include Bharat Forge Limited (BFL), Kalyani Group Companies, Avanti Metal Industries Pvt Ltd., Prithvi Alloys Pvt Ltd., Remso Control Technologies Pvt. Ltd., Pankaj Steels Corporation Pvt. Ltd., Central Electrotech India Private Limited (CEIPL) and Balasore Alloy Plant of Hindalco Industries Limited among others. These companies offer a wide range of products to cater to different customer requirements at competitive prices across the country.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Titanium Alloys Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Titanium Alloys Market Revenues & Volume, 2020 & 2027F |
3.3 India Titanium Alloys Market - Industry Life Cycle |
3.4 India Titanium Alloys Market - Porter's Five Forces |
3.5 India Titanium Alloys Market Revenues & Volume Share, By Microstructure, 2020 & 2027F |
3.6 India Titanium Alloys Market Revenues & Volume Share, By End-use Industry, 2020 & 2027F |
4 India Titanium Alloys Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Titanium Alloys Market Trends |
6 India Titanium Alloys Market, By Types |
6.1 India Titanium Alloys Market, By Microstructure |
6.1.1 Overview and Analysis |
6.1.2 India Titanium Alloys Market Revenues & Volume, By Microstructure, 2018 - 2027F |
6.1.3 India Titanium Alloys Market Revenues & Volume, By Alpha Alloy, 2018 - 2027F |
6.1.4 India Titanium Alloys Market Revenues & Volume, By Near Alpha Alloy, 2018 - 2027F |
6.1.5 India Titanium Alloys Market Revenues & Volume, By Alpha Beta Alloy, 2018 - 2027F |
6.1.6 India Titanium Alloys Market Revenues & Volume, By Beta Alloy, 2018 - 2027F |
6.2 India Titanium Alloys Market, By End-use Industry |
6.2.1 Overview and Analysis |
6.2.2 India Titanium Alloys Market Revenues & Volume, By Aerospace, 2018 - 2027F |
6.2.3 India Titanium Alloys Market Revenues & Volume, By Automotive, 2018 - 2027F |
6.2.4 India Titanium Alloys Market Revenues & Volume, By Power and Desalination, 2018 - 2027F |
6.2.5 India Titanium Alloys Market Revenues & Volume, By Chemical, 2018 - 2027F |
6.2.6 India Titanium Alloys Market Revenues & Volume, By Marine, 2018 - 2027F |
6.2.7 India Titanium Alloys Market Revenues & Volume, By Others, 2018 - 2027F |
7 India Titanium Alloys Market Import-Export Trade Statistics |
7.1 India Titanium Alloys Market Export to Major Countries |
7.2 India Titanium Alloys Market Imports from Major Countries |
8 India Titanium Alloys Market Key Performance Indicators |
9 India Titanium Alloys Market - Opportunity Assessment |
9.1 India Titanium Alloys Market Opportunity Assessment, By Microstructure, 2020 & 2027F |
9.2 India Titanium Alloys Market Opportunity Assessment, By End-use Industry, 2020 & 2027F |
10 India Titanium Alloys Market - Competitive Landscape |
10.1 India Titanium Alloys Market Revenue Share, By Companies, 2020 |
10.2 India Titanium Alloys Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |