The Global Aircraft & Aerospace Titanium Market was valued at USD 3.81 Billion in 2023 and is projected to reach USD 5.62 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.7% during the forecast period (2023–2030). This growth is driven by increasing aerospace manufacturing demands, rising commercial aircraft production rates, and expanding military aviation programs requiring advanced lightweight materials.

As the aviation sector prioritizes fuel efficiency and structural performance, titanium’s unique strength-to-weight ratio makes it indispensable for modern aircraft. In this analysis, we profile the Top 10 Companies in the Aircraft & Aerospace Titanium Industry—key material suppliers and component manufacturers enabling next-generation aviation.

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🔟 1. VSMPO-AVISMA Corporation

Headquarters: Verkhnyaya Salda, Russia
Key Offering: Titanium ingots, forgings, mill products

VSMPO-AVISMA maintains global titanium market leadership, supplying 30% of aerospace titanium components worldwide. As primary titanium supplier for both Boeing and Airbus, the company produces specialized alloys for critical airframe structures and jet engine components.

Market Position:

• Largest titanium producer by volume globally
• Multi-year contracts with major aerospace OEMs
• Complete vertical integration from mining to finished parts

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9️⃣ 2. TIMET (Titanium Metals Corporation)

Headquarters: Dallas, Texas, USA
Key Offering: Titanium sponge, mill products, extrusions

TIMET, a Berkshire Hathaway company, specializes in high-performance titanium solutions for aerospace applications. The company maintains strategic partnerships across commercial and military aircraft manufacturers.

Market Position:

• Pioneer in commercial titanium production since 1950
• Advanced alloy development capabilities
• Global manufacturing footprint across North America, Europe and Asia

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8️⃣ 3. ATI (Allegheny Technologies Incorporated)

Headquarters: Pittsburgh, Pennsylvania, USA
Key Offering: Titanium ingots, bars, sheets, plates

ATI’s specialty metals division supplies complex titanium components for aerospace applications, including advanced airframe structures and jet engine components. The company leads in powder metallurgy and additive manufacturing solutions.

Market Position:

• Key supplier for defense aerospace programs
• Proprietary alloy development expertise
• Growing focus on additive manufacturing capabilities

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7️⃣ 4. Kobe Steel, Ltd.

Headquarters: Kobe, Japan
Key Offering: Titanium sheets, tubes, forgings

Kobe Steel supplies high-quality titanium products to global aerospace manufacturers, with particular strength in precision-engineered components for structural and propulsion applications.

Market Position:

• Leading Japanese titanium producer
• Strategic supplier to Asian aerospace programs
• Advanced processing and quality control technologies

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6️⃣ 5. BAOJI Titanium Industry Co., Ltd.

Headquarters: Baoji, China
Key Offering: Titanium plates, rods, wires, pipes

As China’s largest titanium producer, BAOJI supports the rapidly growing domestic aerospace sector while expanding its international customer base, particularly for commercial aviation applications.

Market Position:

• Primary supplier to COMAC aerospace programs
• Significant capacity expansion projects underway
• Government-supported technology development

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5️⃣ 6. Carpenter Technology Corporation

Headquarters: Philadelphia, Pennsylvania, USA
Key Offering: Specialty titanium alloys, precision components

Carpenter Technology provides advanced titanium solutions for critical aerospace applications, with particular expertise in landing gear systems and premium melted products for demanding environments.

Market Position:

• Specialist in complex aerospace alloys
• Leading provider of titanium for aircraft landing systems
• Growing investment in additive manufacturing materials

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4️⃣ 7. Kobelco Group

Headquarters: Kobe, Japan
Key Offering: Titanium sheets, plates, welded tubes

Kobelco combines advanced titanium production with precision manufacturing technologies to service global aerospace manufacturers, with particular strength in Japan and surrounding markets.

Market Position:

• Strong position in Asian aerospace value chains
• Specialized welding and joining capabilities
• Strategic alliances with global aerospace partners

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3️⃣ 8. Arconic Corporation

Headquarters: Pittsburgh, Pennsylvania, USA
Key Offering: Titanium forgings, fasteners, extrusions

Arconic provides high-performance titanium structural components for aerospace applications, serving both commercial and military aircraft programs worldwide.

Market Position:

• Leader in aerospace fastening systems
• Integrated manufacturing capabilities
• Strategic OEM supplier relationships

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2️⃣ 9. Western Superconducting Technologies Co., Ltd.

Headquarters: Xi’an, China
Key Offering: Titanium alloys, superconducting materials

Western Superconducting focuses on high-end titanium alloys for demanding aerospace applications, supporting China’s growing domestic aviation industry while expanding internationally.

Market Position:

• Strategic supplier to Chinese aerospace programs
• Focus on high-value-added titanium products
• Government-supported R&D initiatives

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1️⃣ 10. Precision Castparts Corp. (PCC)

Headquarters: Portland, Oregon, USA
Key Offering: Titanium castings, forgings, fasteners

PCC, a Berkshire Hathaway company, produces critical titanium components for aircraft structures and engines, with leading capabilities in large near-net-shape manufacturing.

Market Position:

• Global leader in investment cast titanium
• Fully integrated from raw material to finished part
• Sole-source supplier for key aerospace programs

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✈️ Outlook: Titanium Continues to Transform Aerospace Manufacturing

The aerospace titanium market maintains strong growth momentum as aircraft manufacturers increase titanium content in new designs to enhance performance and fuel efficiency.

📈 Key Market Trends:

• Growing titanium utilization in next-gen aircraft programs
• Expanding adoption of additive manufacturing for titanium components
• Development of advanced titanium alloys for extreme operating conditions
• Increasing regional production capacity outside traditional markets
• Vertical integration among leading suppliers

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These leading companies form the foundation of the aerospace titanium supply chain, enabling lighter, stronger, and more efficient aircraft that define the future of flight.