Aerospace, Electronics, and Power Industries Drive Titanium Consumption Growth
China’s leading titanium producer, BaoTi, significantly increased its production and sales of titanium mill products in 2024. Rising demand from the aerospace, electronics, power, and shipbuilding sectors fueled the growth.
BaoTi produced 33,600 tonnes of titanium mill products last year, marking a 12% rise from 30,000 tonnes in 2023. The firm aims to ramp up output to 43,000 tonnes in 2025. Sales also rose 6.5% to 31,300 tonnes, up from 29,400 tonnes a year earlier.
China’s Titanium Consumption Trends
In 2024, China consumed 151,000 tonnes of titanium mill products, an increase of 1.6% year-on-year. The aerospace industry led the growth, consuming 32,193 tonnes — a 2,816-tonne increase from 2023. This sector alone represented 21.3% of national consumption.
The power sector followed, with usage rising by 1,364 tonnes to 8,453 tonnes. The growth stemmed from expansion in new energy technologies. Meanwhile, the computer, communication, and consumer electronics (3C) sector posted a 10% gain, using 11,000 tonnes. Orders from major firms such as Apple, Samsung, and Huawei drove this demand.
The shipbuilding industry also saw growth, consuming 4,933 tonnes of titanium mill products, which was 1,191 tonnes more than in 2023.
Global Titanium Output Sees Stable Growth
China’s 32 major producers manufactured 172,000 tonnes of titanium mill products in 2024 — up 8.1% from 2023. Globally, titanium mill product output rose 8% to 260,000 tonnes, according to estimates by CNIA-Ti, CIS Titanium Association, and the Japan Titanium Association.
Titanium remains vital for high-performance sectors. As demand rises, producers like BaoTi play a key role in shaping market dynamics. For more updates on titanium and specialty metals, visit SuperMetalPrice — your trusted source for real-time insights.
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