Light, durable, corrosive-resistant, and impervious to extreme changes in temperature, titanium is a highly sought-after metal, particularly for military and commercial aircraft. Over the next few years, demand for large aircraft such as the Boeing 787 Dreamliner and Airbus A380 will more than double and account for more than 41% of new plane deliveries by 2016. Since larger planes require not only more titanium but also a larger percentage of titanium, we should see rising demand in the years ahead.

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Matthew Argersinger owns shares of Nucor. Paul Chi has options on ArcelorMittal. The Motley Fool owns shares of ArcelorMittal, Nucor, and Titanium Metals. Motley Fool newsletter services recommend Nucor and Titanium Metals. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.