Titanium Market Size, Share Analysis, Growth Insights and Forecast 2025-2032
lobal Titanium Market Size reached US$ 30.34 billion in 2024 and is expected to reach US$ 52.52 billion by 2032, growing with a CAGR of 7.10% during the forecast period 2025-2032. Due to the increasing need for lightweight, high-strength materials in the expanding aerospace and defense sectors, the titanium industry is expected to rise significantly. Titanium is the best material to use for engine parts and aircraft structures because of its exceptional strength-to-weight ratio, corrosion resistance, and high temperature tolerance. Additionally, titanium is increasingly being used in the renewable energy sector for solar panel and wind turbine applications, which is increasing demand.