Forecast and analysis of China s titanium ingot and titanium production in 2024

Mondo Social Updated on 2024-01-28

China Business Intelligence Network News: Titanium sponge is used as the main raw material, titanium ingots are obtained through melting and casting and other processes, or intermediate alloys are added to smelt into titanium alloy ingots. According to the "2023-2028 China Titanium Industry Prospects** and Strategic Investment Opportunities Insight Report" released by the China Business Industry Research Institute, China's titanium ingot production will reach 14 in 202250,000 tons, a year-on-year increase of 195%, of which the output of pure titanium ingots is 810,000 tons, titanium alloy ingot output of 630,000 tons. According to an analyst from the China Business Industry Research Institute, China's titanium ingot production will reach 17 in 202310,000 tons, which will reach 20 in 202420,000 tons.

Data**: Compiled by China Nonferrous Metals Industry Association Titanium Zirconium Hafnium Branch and China Commercial Industry Research Institute.

Thanks to the breakthrough of production equipment and technical capabilities, as well as the demand for downstream aerospace, marine engineering, petrochemical and other fields, China's titanium output has grown rapidly in recent years. According to the "2023-2028 China Titanium Industry Prospects** and Strategic Investment Opportunities Insight Report" released by the China Business Industry Research Institute, the domestic titanium output will reach 15 in 2022100,000 tons, a year-on-year increase of 110%。In the future, with the modernization of national defense and the military, green development, and industry 40 and other national policies will be further promoted, and the domestic high-end application scenarios and potential market space of titanium will be further expanded. According to an analyst from the China Business Industry Research Institute, China's titanium output will reach 18 in 2023760,000 tons, which will reach 23 in 2024300,000 tons.

Data**: Compiled by China Nonferrous Metals Industry Association Titanium Zirconium Hafnium Branch and China Commercial Industry Research Institute.

For more information, please refer to the "2023-2028 China Titanium Industry Prospects** and Strategic Investment Opportunities Insight Report" released by the China Commercial Industry Research Institute, at the same time, the China Commercial Industry Research Institute also provides industrial big data, industrial intelligence, industry research reports, industry business plans, feasibility study reports, park industrial planning, industrial chain investment map, industrial investment guidelines, industrial chain investment investigation & promotion meetings and other services.

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