Middle East & Africa Titanium Market Size & Outlook
MEA titanium market highlights
- The MEA titanium market generated a revenue of USD 65.8 million in 2023.
- The market is expected to grow at a CAGR of 3.1% from 2024 to 2030.
- In terms of segment, aerospace & defense was the largest revenue generating application in 2023.
- Aerospace & Defense is the most lucrative application segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 65.8 million |
| Market revenue in 2030 | USD 81.5 million |
| Growth rate | 3.1% (CAGR from 2024 to 2030) |
| Largest segment | Aerospace & defense |
| Fastest growing segment | Aerospace & Defense |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Aerospace & Defense |
| Key market players worldwide | ATI Inc, Toho Titanium Co Ltd, Hera SpA |
Other key industry trends
- In terms of revenue, MEA region accounted for 2.7% of the global titanium market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,677.4 million by 2030.
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Titanium Market Scope
Titanium Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Toho Titanium Co Ltd | View profile | 1224 | 3-3-5,Chigasaki, Chigasaki City, Kanagawa, Japan, 2538510 | http://www.toho-titanium.co.jp |
| Hera SpA | View profile | 9965 | Viale Carlo Berti Pichat nr. 2/4, Bologna, Italy, 40127 | https://www.gruppohera.it |
| ATI Inc | View profile | 7300 | 2021 McKinney Avenue, Dallas, TX, United States, 75201 | https://www.atimaterials.com |
Middle East & Africa titanium market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to titanium market will help companies and investors design strategic landscapes.
Aerospace & defense was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Middle East & Africa titanium market based on aerospace & defense covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Middle East & Africa titanium market databook
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Our clientele includes a mix of titanium market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa titanium market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa titanium market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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