A bellows accumulator, consisting of at least two housing parts (4, 6) which form an accumulator housing (2), and having a separating bellows (20), which is movably arranged in the accumulator housing (2) and separates two media spaces (8, 22) from each other and is at least on its one free end fixed to a securing device (24) in the accumulator housing (2), wherein said securing device (24) is welded to the adjacently arranged housing parts (4, 6), is characterized in that the adjacently arranged housing parts (4, 6) comprise at least in part titanium materials, in that the securing device (24) consists of at least two interconnected components (26, 30), at least one (26) of which comprises at least in part titanium materials and is welded to the adjacently arranged housing parts (4, 6), and in that the respective other component (30), consisting of a different metal material, is used for securing the separating bellows (20) to the securing device (24).