Demand in the world for titanium
Are you interested in the global demand for titanium and its alloys from the supplier company AvecGlob? Here you will find interesting information on this topic.
General information
Titan was first discovered in 1791. Deposits come from magma, from which chemically stable titanium minerals are released by natural erosion and concentrated along ancient and modern coastlines. The main minerals in these sands that contain titanium in sufficient amounts are titanium-containing rutile, leucoxene and ilmenite, in addition to zircon, garnet and magnetite.
Most of the world’s titanium raw materials today come from alluvial sand deposits located in Australia, South Africa and the United States. Titanium mineral deposits often accumulate along the coast as a result of tidal, wave or water currents and wind influences that serve to concentrate heavy titanium-containing minerals. The main minerals are removed from these sand deposits using various methods that use their high specific density, as well as separation methods that differentiate minerals based on their magnetic and electrostatic properties.
Main types of titanium consumption
More than 90% of the world’s titanium minerals are sold in the pigment industry, which produces products for paint, varnish, paper and plastic industries. Titanium dioxide (TiO 2) has a high refractive index. It is also appreciated for its chemical stability, brightness, and resistance to ultraviolet radiation, while titanium as a metal is known for its extremely high specific strength (relative to density) and resistance to oxidation.
Supplier — AvekGlob company — offers at reasonable prices from the manufacturer pure titanium and various titanium alloys. The supplier guarantees the timely delivery of products to any address specified by the consumer.
Demand for titanium products
The main consumers of titanium-containing mineral raw materials (about 94% of the total demand) are companies producing paint and varnish pigments. The remaining 6% is consumed by metalworking and mechanical engineering (mainly — aircraft construction, automotive industry, production of rocket and space technology). According to industry estimates, the cost of titanium raw materials and the associated product of processing industries is $ 9 billion per year. Over the past 25 years, total demand has grown by about 3% per year. Titanium demand is associated with macroeconomic factors and, accordingly, tracks the global gross domestic product, avoiding the deep cyclical volatility of the prices of many manufactured goods.
Consumption of titanium is concentrated in North America and Europe, but in recent years, the demand for titanium is also growing rapidly in China.
Supplier — AvekGlob Company — offers to purchase a different assortment of titanium and titanium alloys. Products can be bought at a price formed on the basis of European and world standards of production. Implementation is possible in bulk and retail, for regular customers, a flexible system of discounts operates.