In recent years, there has been a significant rise in the demand for titanium and titanium alloys, primarily used in aircraft and aerospace applications. The price of commercially pure titanium (CP) has risen sharply since 2003 to 2014, from $15.00 per lb to $30.00 per lb. It is an extremely light weight and high strength material. Certain alloys like 6AL-4v, 8Mn, 8Al-1MO-1V, 5Al-2.5Sn,and 6Al-2Sn-4Zr-2Mo, are also used in aircraft engine applications due the ability of these alloys to with stand high temperature environments.
Titanium is a silvery-white metal that forms a protective oxide covering which makes it extremely resistant to corrosion, even in the presence of seawater and chlorine. Also able to withstand acid and chemical attack, titanium resists erosion as well as other types of metal fatigue. Valued for its strength to weight ratio, titanium forgings have the same ultimate tensile strengths as low alloy steels but are significantly lighter and less dense.Titanium forgings that are used with commercially pure alloys (Grade 1 ,Grade 2, Grade 3, Grade 4) are primarily used in aircraft Frame applications.