The global market size of titanium in 2022 amounted to 28.59 billion U.S. dollars. As of June 2023, the market value of titanium was projected to grow to nearly 31 billion U.S. dollars. The titanium market size is forecast to grow over the coming years, to nearly 52 billion U.S. dollars in 2030.
Market size of titanium worldwide in 2021 and 2022, with a forecast for 2023 and 2030
(in billion U.S. dollars)
Characteristic
Market value in billion U.S. dollars
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*Projected as of June 2023.
**Forecast based on a compound annual growth rate of 7.73 percent from 2023-2030.
This statistic has been assembled using several editions of the press release from the source.
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Research and Markets. (June 15, 2023). Market size of titanium worldwide in 2021 and 2022, with a forecast for 2023 and 2030 (in billion U.S. dollars) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1318587/market-size-of-titanium-worldwide/
Research and Markets. "Market size of titanium worldwide in 2021 and 2022, with a forecast for 2023 and 2030 (in billion U.S. dollars)." Chart. June 15, 2023. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1318587/market-size-of-titanium-worldwide/
Research and Markets. (2023). Market size of titanium worldwide in 2021 and 2022, with a forecast for 2023 and 2030 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1318587/market-size-of-titanium-worldwide/
Research and Markets. "Market Size of Titanium Worldwide in 2021 and 2022, with a Forecast for 2023 and 2030 (in Billion U.S. Dollars)." Statista, Statista Inc., 15 Jun 2023, https://www.statista.com/statistics/1318587/market-size-of-titanium-worldwide/
Research and Markets, Market size of titanium worldwide in 2021 and 2022, with a forecast for 2023 and 2030 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1318587/market-size-of-titanium-worldwide/ (last visited August 25, 2024)
Market size of titanium worldwide in 2021 and 2022, with a forecast for 2023 and 2030 (in billion U.S. dollars) [Graph], Research and Markets, June 15, 2023. [Online]. Available: https://www.statista.com/statistics/1318587/market-size-of-titanium-worldwide/