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市場調查報告書

鈦金屬:全球產業、市場未來展望

Titanium Metal: Global Industry, Markets & Outlook - 7th Edition

出版商 Roskill Information Services 商品編碼 135060
出版日期 內容資訊 英文 545 Pages, 5 Chapters, 183 Tables, 112 Figures
商品交期: 最快1-2個工作天內
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鈦金屬:全球產業、市場未來展望 Titanium Metal: Global Industry, Markets & Outlook - 7th Edition
出版日期: 2017年05月11日 內容資訊: 英文 545 Pages, 5 Chapters, 183 Tables, 112 Figures
簡介

全球鈦金屬市場,由於航太產業需求的急速成長等,全體有擴大趨勢。但,中國國內的海綿鈦的過剩供給和剩餘生產設備的存在也可能妨礙市場成長。

本報告提供全球鈦金屬市場相關分析,市場背景情況和最新趨勢,全球整體及各國的市場趨勢 (生產量,供需趨勢,消費量,進出口趨勢,價格水準等),市場主要影響要素,今後的市場成長預測等的相關分析。

目錄

  • 摘要
  • 鈦的供應鏈 (供給量,貿易量,需求量,價格水準,未來展望)
  • 鈦的生產量、貿易量:各國
  • 鈦市場
  • 附錄:鈦生產企業
  • 附錄:相關技術

本網頁內容可能與最新版本有所差異。詳細情況請與我們聯繫。

目錄
Product Code: ISBN: 978 1 910922 23 1

Report includes:

  • Analysis report with forecast to 2026
  • Electronic copy of the report for up to five users
  • Biannual updates
  • Access to the Roskill specialist for key market queries
  • Hard copy of the report on request

Roskill experts will answer your questions...

  • How will a growing aircraft build rate impact titanium?
  • Is a recovery in industrial use imminent?
  • What effect has Chinese sponge overcapacity/supply had on the market
  • Which new projects are likely to come on-stream by 2026?

Aerospace applications consumed 63% of titanium mill product produced in 2016, with civilian airframes and engines (for passenger and cargo planes) accounting for almost 75% of the market. A sharp rise in civilian aero-space build rates since 2011 has reduced the share of military and space titanium use, but these still remain significant and high-value sectors for titanium. Boeing's 787comprises 15% of titanium in fly-weight, and Airbus's A320/350 12-14%, compared to 4-8% in the majority of older models. The remainder of titanium is used in industrial and commercial applications, and it is the former which has seen a steep drop-off in consumption as industrial plant, desalination and nuclear build rates fell sharply from 2012.

The civilian airline industry will remain cyclical to overall global economic conditions, but growing passenger numbers in Asian and Middle Eastern countries and upgrade of the US fleet are near-term drivers, and Africa/India present longer-term opportunity. The outlook for titanium use in aerospace is, therefore, positive but hickups cannot be discounted, potentially even as soon as 2018. The industrial market for titanium could return to growth, but will be dependent on emerging economy industrialisation as nuclear power has fallen out of favour to renewables outside China, and is unlikely to see the same sharp increase in demand of the mid-2000s to early 2010s.

Capacity for titanium sponge production peaked in 2013 at almost 335,000tpy, following significant investment in Chinese capacity alongside a boom in titanium demand for industrial applications. Output subsided from 2012 due to weakening demand and low prices, with production in 2014 down 32% on the 2012 peak. VSMPO of Russia remains the largest producer, with Toho and Osaka of Japan, and Timet of the USA also significant contributors to global supply, ahead of Luoyang Wanji in China - the largest Chinese supplier in 2016 at around 10,000t.

In contrast, titanium melt capacity has continued growing to peak in 2016 at almost 447,000tpy, the large difference between it and sponge output at around one-third this level reflecting the typical double or triple melting undertaken to meet aerospace/rotor-grade. Chinese melting capacity growth has lagged sponge, but may now rationalise/consolidate with utilisation rates at only 40%. Outside China, investment has mainly been in electron beam melting capacity, favoured for scrap recycling. Melted product output fell post-2012 but not as deeply as sponge and more closely reflecting market demand, it showed the first signs of a recovery in 2016 and should improve alongside airliner build rates.

China is unlikely to significantly muscle into the existing aerospace titanium raw material and airliner market held by Europe, Japan, the CIS and the USA in the near-term, despite having flight tested its first aircraft in 2016, the Comac ARJ-21, as titanium is not a market dictated solely by cost. With scrap production increasing on higher build rates, older but more titanium-intensive planes being dismantled, limited outlets for FeTi in a maturing steel industry, and consumers mandating higher scrap use on sustainability grounds, the titanium industry may soon reach peak sponge use unless demand accelerates or alternative outlets are found. The competition between sponge and scrap is likely to keep raw material prices low, benefiting participants downstream.

Table of Contents

  • 1. Summary
  • 2. Titanium supply chain (supply, trade, demand, prices, outlook)
  • 3. Production and trade of titanium by country
  • 4. Markets for titanium
  • 5. Producer appendix
  • 6. Technical appendix
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