Australia takes lead in titanium production

In the manufacture of titanium metal and titanium dioxide, China is the leader in the manufacture of titanium metal and titanium dioxide, with market share over 40%.  

The global demand for titanium has been on the continuous rise in the past few years. Although it can cost five times as much as aluminiumdue to high refining and processing costs. Its prices have been increasing in the past couple of years and will continue to stay high due to demand side events, especially aircraft demand cycles.  

The report, “Titanium Market Review” has been published by Market Publishers Ltd.