Titanium alloy refers to a variety of alloy metals made of titanium and other metals. In recent years, China has frequently issued policies to encourage the development, production and application of titanium alloy materials. In the global market, titanium alloy materials are mainly used in aviation industry, defense industry and other industries. Among them, the application demand in aviation industry is the largest, accounting for about 50%, mainly used for aircraft and engine manufacturing. In the demand structure of titanium materials in China, titanium processing materials are mainly used in the chemical industry, while the proportion of titanium materials used in domestic aerospace is only 20%, indicating that the market of titanium materials used in aviation in China still has a great potential. At present, in the field of high-end titanium alloy, there are few enterprises in China capable of mass production of military aviation titanium alloy rod wire, presenting a "duopoly" competition pattern.
