What Are The Main Trends in The Future Development Of Titanium Materials

In terms of future development trends, the demand for titanium metal materials will increase rapidly. The application of non-ferrous metal materials is mainly used as functional materials and structural materials. If a metal is only used as a functional material, the market is relatively small, but as a structural material, the space is quite large. If we want to answer where the growth space of titanium metal is in the future, where is the time point and catalyst for explosive growth? We need to look at the development of civilian titanium, especially in the field of structural functional titanium. The increase in the use of titanium in civilian and structural functional uses may make titanium the fourth metal.
In addition to production technology, the economic applicability of titanium production should be considered. Why is titanium used in aviation titanium? It is mainly because it is expensive. The production cost of domestic sponge titanium is 50,000-60,000. Last year, sponge titanium sold for 40,000-50,000, which was a loss. Some manufacturers may have a cost of 40,000. It is mainly a full-process concept. Titanium can be produced by buying titanium slag and 4-titanium chloride, so the production cost of titanium may be different.