Industries globally are grappling with the aftereffects of COVID and geopolitical tensions on their supply chain. These obstacles have forced suppliers and manufacturers to explore new markets and forge connections with previously overlooked regions. Metals of all kinds are highly valuable for their general and critical applications across medical, military, aerospace, and other cases. However, obtaining high-quality resources from reliable sources has become increasingly challenging as historic players have scaled back their distribution. Interlink Metals and Chemicals AG, a leading Swiss titanium distributor and trader, aims to alleviate material shortages and drag in production capacity with a new fully integrated facility in the Middle East.
The global titanium market is projected to reach $52 billion by 2030 as demand skyrockets. In addition to being the ninth most abundant element, titanium has several attractive properties. It is stronger than steel and aluminum, but 45% lighter. The silver-colored metal also has a high melting point, a natural aversion to corrosion, and is very durable and non-toxic. Pure titanium can be used to create products in the aerospace, automotive, and medical fields. Titanium can come in several forms and be combined with other metals to create alloys of aluminum, vanadium, and iron.
