Top 5 Applications of Titanium in Automobile Manufacturing

applications of titanium | car wheels

A recent report by Fior Markets shows that the global titanium alloys market will grow to $6.87 billion by 2025 from $4.97 billion in 2017, according to the GlobeNewswire. There is an increasing demand for titanium alloys from the automobile industry, especially in the sports and luxury car segments. Titanium is lightweight, meaning it can reduce vehicles’ weight when used to design different auto parts. It also has the potential to enhance efficiency in the internal combustion engine and reduce fuel consumption. Titanium alloys feature other appealing qualities such as…

Read More