The Titanium Market Began To Pick Up In 1995

- May 10, 2018-

The titanium market began to pick up in 1995, mainly due to the significant increase in the volume of civilian titanium such as B777 and other civil aircraft and golf clubs. In 1996, the demand for titanium reached a new high. Experts predict that titanium demand will continue to increase significantly in the next few years. The main reason that hinders the application of titanium is that it is expensive. It can be expected that with the advancement of science and technology and the continuous improvement of titanium production technology, expansion of the company's production capacity and improvement of management level, and further reduction of the cost of titanium products, it is bound to open up a wider market for titanium.