Credit to ROSKILL REPORT (Titanium Metal: Market outlook to 2015
Key point:
Aerospace applications account for over 50% of demand for mill products in the usA and Europe but in China, Japan and other Asian markets industrial applications, particularly in chemical plant, are far more important. demand is forecast to grow by 6%py to 2015 resulting in a market for mill products of 140kt, requiring up to 200kt of titanium sponge
