There are several properties of titanium that make it well suited for the aerospace industry: the high strength to weight ratio, its resistance to corrosion and its high temperature performance,ect.Today, the aerospace industry is the number one customer for titanium bar.
As the number one customer for titanium bar, the aerospace industry and the titanium industry are directly linked to each other economically. With the demand for newer, better planes on the increase; the demand for titanium bar is also on the rise. Countries that have considerably large military budgets, like the United States, have a high demand for titanium, especially the demand for titanium bars and consider the availability of titanium a matter of national security.
Titanium has proven to be an invaluable element in many industries, especially the titanium bar in the aerospace industry. The aerospace industry and the titanium industry are very dependent on each other. As the demand for more planes and more efficient air travel continues to increase, the outlook for the titanium and titanim bar markets should hold steady in the future.