Titanium prices are subject both to long term trends and periodic volatility. Higher costs for raw materials and energy, as well as increasing demand for titanium in a range of consumer products, work to increase titanium prices.
Titanium and titanium alloy products are widely used in aerospace. As a professional titanium products manufacturer, Baoji Xilitong summarizes the trend of Titanium market in aerospace.
It is difficult to explain titanium prices by simple concepts, especially since the widespread use of titanium across all the industrial sectors. Moreover, the uses of titanium largely surpass its general perception as a structural metal.