Titanium and its alloys have proven to be technically superior, cost-effective construction materials for a wide variety of aerospace, industrial and commercial applications. In North America, approximately 55% of the titanium manufactured is utilized in aerospace. The recent introduction of composite structures in airframes is increasing the requirements for titanium. Due to the expansion of industrial applications, additional growth is expected to occur in the chemical processing, marine, desalination, medical and architectural sectors. The continued development of newer titanium markets, such as armor/armament and automotive will help drive the titanium industry in this millennium.
