Titanium used in aerospace expected to reach $5.4 billion by 2030

The future of titanium in the global aerospace market is looking promising with opportunities in the commercial aircraft, military aircraft, helicopter, general aviation, and regional aircraft, according to a new report.

Titanium in the global aerospace industry is expected to reach an estimated value of $5.4 billion by 2030 with a CAGR of 3.6% from 2018 to 2030. The major growth drivers for this market are increasing deliveries of aircraft and the demand for lightweight titanium materials.

Bluejay Mining PLC (LON:JAY), formerly FinnAust Mining PLC, is the United Kingdom-based company, which is engaged in exploration and development of precious and base metals. The Company also makes investments and/or acquires projects in the natural resources and mineral sectors as a whole. The Company’s geographical segment includes Greenland, Austria, Finland and the United Kingdom.

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