Commercially Pure Grade 2 titanium is by a VERY wide margin, the most readily available and least expensive of titanium and it's alloys. Grade 2, commonly referred to as CP2, is not much stronger than aircraft alloy aluminum. CP2's greatest strength is in it's corrosion resistance. In many atmospheres, it's essentially inert.
The second most common grade is 6AL-4V, also known as 6-4 or Grade 5 titanium. By alloying titanium with aluminum and vanadium, the resulting alloy and it's properties are quite amazing. While most alloys lose their tensile strength at high temperatures, 6-4 maintains that strength from cryogenic all the way through extremely elevated temps.
There are many other alloys of titanium available in the market however CP2 and 6-4 cover 96% of the market on a tonnage basis.
IMPORTANT NOTE TO ENGINEERS: Be careful not to specify other less common grades of titanium to a new print unless the demand will be very high (>10K Lbs/ year) and allow 24-36 months for delivery.
Commercially Pure Grade 1 (CP1) Unalloyed, highest ductility and corrosion resistance
Commercially Pure Grade 2 (CP2) Unalloyed, moderate strength, most common CP grade
Commercially Pure Grade 3 (CP3) Unalloyed, higher strength than Grade 2
Commercially Pure Grade 4 (CP4) Unalloyed, strongest of the CP grades
Grade 5 (Ti-6Al-4V)6% Al, 4% V (The "Workhorse" α−β alloy)
Grade 6 (Ti-5Al-2.5Sn)5% Al, 2.5% Sn (Alpha alloy, good weldability)
Grade 7 (CP Ti-0.2Pd) Grade 2 with Palladium (improved crevice corrosion resistance)
Grade 9 (Ti-3Al-2.5V)3% Al, 2.5% V (Near-alpha alloy, medium strength)
Grade 12 (Ti-0.3Mo-0.8Ni)0.3% Mo, 0.8% Ni (Improved corrosion and high-temperature strength)
Grade 23 (Ti-6Al-4V ELI)6% Al, 4% V, Extra-Low Interstitials (Medical grade)
Ti-6Al-2Sn-4Zr-2Mo Near-alpha alloy for enhanced high-temperature applications
Ti-10V-2Fe-3Al Near-beta alloy, heat-treatable for high strength
Ti-15V-3Cr-3Al-3Sn Metastable Beta alloy, excellent cold formability in solution treated condition