Great breakthroughs have been made in new material development and titanium alloy processing technology. With independent intellectual property rights of Ti2448 multi-functional medical high strength titanium alloy has the similar elastic modulus to the human body skeleton, super elasticity and damping performance, its wide clinical application can not only break the import medical instrument in the monopoly of the high-end market in China, but also can promote research and development, with independent intellectual property rights orthopaedics instrument to promote the development of orthopaedic of our country. Continuous rolling technology is the most advanced processing technology to produce titanium alloy bar wire in the world.
The application of titanium alloy in aerospace, petroleum, chemical industry, seawater desalination has been a leading position. In recent years, titanium alloy has been continuously applied in construction, medical treatment, automobile, offshore oil and gas development, sports and leisure products and other fields, and has formed a certain scale. The total consumption of titanium alloy in the world was about 6000 tons in 2001, and doubled to 12000 tons in recent years. With the development of new applications of titanium, the application market of titanium alloy has a bright future. In the past five years, the growth rate of market capitalization of enterprises in the global titanium products related industries has maintained a double-digit growth. Experts predict that the development of titanium alloy will become the third metal after stainless steel, aluminum alloy.
China is rich in titanium resources, with total TiO2 reserves of more than 900 million tons, ranking first in the world, which is a favorable condition for the development of China's titanium industry. After 50 years of development, titanium industry of our country is the fourth country with complete titanium production system in the world. It has formed a complete production system of titanium concentrate, titanium dioxide, titanium sponge, titanium processing materials, titanium casting, titanium powder metallurgy, titanium equipment manufacturing and a complete industrial system of titanium research, design, production and application. However, the overall scale of titanium production in China is small, accounting for a small proportion of the world's total output (3 ~ 5%). China still has a big gap in titanium processing technology. Due to some large equipment or tooling not matching, some important titanium materials are not complete, and can not produce titanium belt coil and thin wall titanium welding pipe, titanium pipes used in nuclear power stations and coastal power stations are mostly imported, titanium profiles are basically blank, There is a big gap between the large precision castings used in aviation and the wide and thick plates used in ships in terms of size and uniformity of microstructure and properties. There are still many problems in appearance quality, batch stability, yield and other aspects of the product, lack of international competitiveness.
