Titanium Aluminide Market to Exceed USD 1.9 million by 2031, Registering at a CAGR of 20.0% Says, Transparency Market Research

Increasing application of titanium aluminide in aviation and power generation industries and increasing demand for lightweight and high-temperature materials, in automotive to drive the market sales.

Wilmington, Delaware, United States, Aug. 28, 2023 (GLOBE NEWSWIRE) -- Transparency Market Research Inc. - The global titanium aluminide market is projected to flourish at a CAGR of 20.0 % from 2022 to 2031. As per the report published by TMR, a valuation of US$ 1.9 million is anticipated for the market in 2031. As of 2023, the market for titanium aluminide is expected to close at US$ 450.3million.

The increasing demand for lightweight materials in aerospace and automotive industries drives the titanium aluminide market growth as it has high strength, corrosion resistance, and lightweight properties which will help in improving fuel efficiency and performance.

Get Sample PDF Copy at: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=78165

Competitive Landscape

The global titanium aluminide industry is moderately consolidated, with a small number of large-scale vendors controlling majority share. The leading players in the market are investing in new product development, mergers, and acquisitions to gain a competitive edge. Transparency Market Research has profiled the following players in its global titanium aluminide market report:

TIMET, ATI, Velta, ARCONIC, Daido Steel, and Kobe Steel.

  • In May 2023 - Arconic Corporation announced that it has entered into a definitive agreement to be acquired by Apollo Global Management, Inc.
  • GE Aviation has been actively working on the development of advanced materials for aircraft engines. They have been investing in research to improve the performance and durability of titanium aluminide components, aiming to enhance engine efficiency and reduce emissions.
  • In August 2023 - Ukrainian titanium innovator Velta and its US-based parent company announced they have contracted the global engineering consultancy Hatch to design a new, world-class titanium manufacturing facility in the United States. Velta's planned US facility to produce titanium powders—bypassing the classic sponge stage through a revolutionary new method—will be among the first new titanium plants to open in the US in recent history.
  • In July 2023 - Ukrainian titanium leader Velta LLC announced Monday it had developed titanium aluminide (TiAl), a highly prized intermetallic compound, using its proprietary closed-cycle manufacturing process. This achievement represents an enormous advancement for titanium technology and will allow for new and more robust applications of intermetallic compounds across commercial and defense sectors at a fraction of the carbon footprint of traditional methods. 

Titanium aluminide is used in aircraft engines and components due to its high-temperature strength and lightweight nature, making it a preferred choice in the aerospace sector. As the aerospace and automotive industries focus on improving fuel efficiency and reducing emissions, materials like titanium aluminide play a role in achieving these goals.

The increasing industrialization and increased demand for aircraft, vehicles, and power generation equipment, consequently driving the demand for materials like titanium aluminide. The growing environmental concerns, government incentives, and technological advancements, and increased use of electric vehicles is estimated to fuel the titanium aluminide market growth in the next few years.

Key Takeaways from the Market Study

  • As of 2022, the titanium aluminide market was valued at US$ 375.3 million
  • By application, the >39% to 66% segment accounted for highest market share of the global titanium aluminide market share in 2022.
  • Based on the route of administration, the intravenous segment accounts for the highest market share

Titanium Aluminide Market: Key Trends and Opportunistic Frontiers

  • Increased investments in aerospace infrastructure, including new aircraft and engine developments, contribute to the demand for advanced materials like titanium aluminide
  • Increasing innovations in manufacturing methods, such as additive manufacturing (3D printing), enhance the production of complex titanium aluminide components.
  • Companies specializing in advanced manufacturing technologies are partnering with aerospace and automotive industries to develop innovative methods for producing titanium aluminide parts.

Get Exclusive Discount on Titanium Aluminide Market at: https://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=78165

Titanium Aluminide Market – Regional Analysis

  • North America is expected to account for significant share in titanium aluminide market United States, is a major hub for the aerospace industry. Titanium aluminide is used in aircraft engine components, driving demand in this region. North American research institutions and companies are involved in R&D efforts to improve titanium aluminide properties and manufacturing processes.
  • Asia Pacific is expected to account for a significant market share in the titanium aluminide market. The growth in aerospace and automotive industries in countries like China, Japan, and South Korea leading to increased demand for titanium aluminide. Research institutions in Asia-Pacific are contributing to titanium aluminide research and development.

Titanium Aluminide Market – Key Segments


  • Alpha-2 Titanium Aluminide
  • Gamma Titanium Aluminide
  • Others

Aluminum Content

  • Up to 39%
  • >39% to 66%
  • 66%


  • Jet Engines
  • Bicycle Frames
  • Automotive Engine Components
  • Turbocharger Wheels
  • Turbine Blades
  • Implants and Surgical Instruments
  • Drone Components
  • Others


  • Automotive
  • Aerospace
  • Energy
  • Sports
  • Medical
  • Others


  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Place an Order Copy of Titanium Aluminide Market Report at: https://www.transparencymarketresearch.com/checkout.php?rep_id=78165&ltype=S

About Transparency Market Research

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.


Nikhil Sawlani
Transparency Market Research Inc.
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com   
Blog: https://tmrblog.com   
Email: sales@transparencymarketresearch.com