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Top 3 Supplier Names
Country/Region
Revenue
Year Founded
Total Assets
Chemours
North America, ME, APAC and LATAM
$4.97 billion
$7.08 billion
Kronos
North America, Europe, APAC
$1.64 billion
$1.97 billion
Tronox
North America, Europe, ME, APAC
$2.76 billion
$6.57 billion
NAICS Code: : Synthetic Dye and Pigment Manufacturing
UNSPSC Code: : Titanium dioxide
Due to COVID-19, the demand for TiO2 decreased globally; it is anticipated to reach its peak in at &#; levels. In the key markets, demand recovery has started, and it is anticipated that it will resume its upward trajectory in the second half of . As the region's end-use sectors mature, demand from North America and Europe is anticipated to expand slowly. But until , it's expected that demand in APAC will continue to expand rapidly. A market that is very concentrated, with the top three suppliers controlling more than 70% of it. Read more about the global market overview here.
Chemours
The Chemours Firm, sometimes known as Chemours, is a chemical company based in the United States that was established in July as a spin-off from DuPont. United States city of Wilmington, Delaware, serves as its corporate headquarters.
Key Strengths
With proprietary chloride process technology, Chemours witnesses the highest unit profit margin among all the other chloride process-based TiO2producers.
Chemours currently has one of the lowest per unit production costs in the industry
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Kronos
Kronos Worldwide is one of the oldest and largest manufacturers of TiO2in the World. Kronos started the TiO2business in and is mainly concentrated in the European market.
Key Strengths
Kronos has a strong domestic share in Europe and Canada, which reduces the company&#;s exposure to global currency fluctuations.
Well-managed distribution and sales network in the domestic market and specific export markets have helped the company to optimize its overhead costs
Tronox
With over 7,000 people, Tronox Limited, is an American chemical firm operating globally in the titanium products sector. Tronox mines and processes zircon, titanium ore, and other resources as a vertically integrated manufacturer of titanium dioxide and inorganic compounds.
Key Strengths
Post the acquisition of Cristal, Tronox has become the largest vertically integrated manufacturer of TiO2.
Control over feedstock cost and increased production capabilities are seen as the major strengths of Tronox
Titanium is a lightweight and silverish-gray metal element. Titanium is a natural element that is mainly found in earth minerals such as ilmenite, sphene, titanates, and rutile. It is commercially obtained by reducing titanium chloride chemical compound with magnesium. The metal exhibits resistivity towards corrosion but has high strength and is utilized largely to manufacture several alloy metal varieties on a commercial scale. Titanium is one of the key raw materials that is used to manufacture parts of aircraft.
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Titanium is manufactured on a large scale across the world by several different companies. There are some of the leading companies that are entitled as the key players in the global metal market for titanium. Here are some of the top players for titanium production in the world.
Top Titanium manufacturers in the world are:
VSMPO-AVISMA Corporation is the world&#;s largest producer of titanium metal. The company processes the raw materials to produce high-graded titanium metal all over the world. It was incorporated in the year , with its headquarters located in Verkhnyaya Salda, Russia. The company is also associated with metal products manufacturers on a large scale and supplies titanium alloys and other metal varieties on a large scale.
The Titanium Metal Corporation is a US-based metal manufacturing company that shows its prime engagement in manufacturing metal mill products and materials on a large scale. It is one of the key suppliers and manufacturers of titanium metal and its alloys on a global scale. The headquarters is located in Texas, USA, which was incorporated in the year .
Admat Incorporation is marked as a global leader in the metal production industry. The company was established in the year , with its headquarters located in the USA. The company is known to be one of the top producers of titanium metal varieties in the global metal market. It is also known to produce various other metals, such as niobium, tungsten, molybdenum, hafnium, and other specialty metals on a large scale.
Precision Castparts Corporation is a metal casting company that mainly deals with the production of titanium metal materials. The company was established in the year , with its headquarters located in Oregon, USA. Precision specializes in casting methods to produce a variety of crucial industrial metals that are further utilized to manufacture several metal products on a large scale. It is also known to be one of the major producers of titanium on a large scale.
Castel Metals is a US-based metal manufacturing organization that was inaugurated in the year , with its headquarters located in Illinois, USA. The company is majorly associated with the production of a variety of metals and distributing the same across the world. It is considered to be one of the top producers of titanium metal across the world. Castle Metals company aims to serve high-quality materials in the metal industry on a large scale.
ATI Specialty Metals is a metal production firm that is engaged in the production of titanium and titanium alloy varieties. The company was incorporated in the year , with its headquarters located in Dallas, Texas. It is also tagged as one of the leading organizations to manufacture titanium metal in the global metal market.
Tronox is a US-based chemical production company that is majorly involved in the production of high-quality titanium dioxide pigment (TiO2). The company is known to be associated with the production of various inorganic chemicals and materials on a large scale. It stands as a global leader in processing titanium ores, zircon, and various other materials.
KORNOS is a US-based metal production company that was inaugurated in the year . The company is mainly situated in Dallas, Texas. It is primarily involved in the production of titanium dioxide products on a large scale. KRONOS is known to be one of the major manufacturers of Titanium-based products in the global metal market.
Sigma Aerospace Metals, LLC., is a specialty metals manufacturing firm that mainly deals with producing metals that are primarily used by the aerospace industry. The company is mainly located in the USA and was first established in the year . It is known to produce titanium metal along with its alloy varieties. It is listed among the top producers of titanium metal materials on the global chart.
Toho Titanium is a Japanese metal manufacturing firm that is mainly dedicated to manufacturing titanium on a large scale. The company is also marked as a top producer of titanium metal in the global metal market. It was established in the year , with its headquarters located in Kanagawa, Japan.
Titanium is a crucial metal element that has high demand in the global metal industry due to its lightweight and metallic properties. Titanium possesses high strength and is mainly associated with aircraft manufacturing units on a large scale. The metal element shows low corrosion, which adds to its market value and increases its demand rate.
Its associations with the alloy manufacturers led to an increase in the utilization of titanium metal in producing several market products on a large scale. The need for various metals in the global metal industry is exhibiting an upstream in the price trends for the same. Eventually, the market is expected to grow for titanium metal, showing a great trend in the near future.
Prakhar Panchbhaiya
Senior Content Writer at Procurement Resource
Prakhar Panchbhaiya is an accomplished content writer and market research analyst. With over 4 years of experience in content creation and market analysis encompassing many industries, including pharmaceuticals, nutraceuticals, biochemistry, healthcare, ed-tech, and Food & Agriculture, he has been creating quality content for multiple sectors. He is a Biochemistry major with sturdy backing in a PG diploma in digital marketing, helping in the exhaustive content creation based on extensive research and competitive marketing.
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