Scandium is a silvery metal that is soft and has a density of about three times that of water. And it is a transition metal and is also considered a rare earth element due to similar chemical properties (such as difficulty in extracting and in separating from other elements) and existence in the same ores
The global market for Scandium Metal is estimated to increase from US$ 60 million in 2021 to reach US$ 120.3 million by 2028, exhibiting a CAGR of 10.6% during 2022-2028. Keeping in mind the uncertainties of COVID-19 and Russia-Ukraine War, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
Global main manufacturers of Scandium metal include MCC, Hunan Oriental Scandium and Rusal, etc. The top three players hold a share about 37%. China is the largest producer, holds a share around 58%, followed by Europe and Australia, with share 29% and 1%, separately. The largest market is North America, holds a share about 37%, followed by Asia Pacific and Europe, with around 36% and 26% market share respectively.
Report Coverage
This latest report provides a deep insight into the global Scandium Metal market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, value chain analysis, etc.
This report aims to provide a comprehensive picture of the global Scandium Metal market, with both quantitative and qualitative data, to help readers understand how the Scandium Metal market scenario changed across the globe during the pandemic and Russia-Ukraine War.
The base year considered for analyses is 2021, while the market estimates and forecasts are given from 2022 to 2028. The market estimates are provided in terms of revenue in USD millions and volume in Kg.
Market Segmentation:
The study segments the Scandium Metal market and forecasts the market size by Sc Content (99.9% and Above, 99.95% and Above and 99.99% and Above), by Application (SOFCs, Aluminum-scandium Alloys, High-intensity Metal Halide Lamps and Lasers), and region (APAC, Americas, Europe, and Middle East & Africa).
Segmentation by sc content
99.9% and Above
99.95% and Above
99.99% and Above
Segmentation by application
SOFCs
Aluminum-scandium Alloys
High-intensity Metal Halide Lamps
Lasers
Others
Segmentation by region
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
Major companies covered
Rusal
Stanford Materials
Metallica Minerals
Sumitomo Metal Mining (SMM)
MCC
CODOS
Hunan Oriental Scandium
Huizhou Top Metal Materials(TOPM)
Rongjiayu Technology
Chapter Introduction
Chapter 1: Scope of Scandium Metal, Research Methodology, etc.
Chapter 2: Executive Summary, global Scandium Metal market size (sales and revenue) and CAGR, Scandium Metal market size by region, by sc content, by application, historical data from 2017 to 2022, and forecast to 2028.
Chapter 3: Scandium Metal sales, revenue, average price, global market share, and industry ranking by company, 2017-2022
Chapter 4: Global Scandium Metal sales and revenue by region and by country. Country specific data and market value analysis for the U.S., Canada, Europe, China, Japan, South Korea, Southeast Asia, India, Latin America and Middle East & Africa.
Chapter 5, 6, 7, 8: Americas, APAC, Europe, Middle East & Africa, sales segment by country, by sc content, and sc content.
Chapter 9: Analysis of the current market trends, market forecast, opportunities and economic trends that are affecting the future marketplace
Chapter 10: Manufacturing cost structure analysis
Chapter 11: Sales channel, distributors, and customers
Chapter 12: Global Scandium Metal market size forecast by region, by country, by sc content, and application.
Chapter 13: Comprehensive company profiles of the leading players, including Rusal, Stanford Materials, Metallica Minerals, Sumitomo Metal Mining (SMM), MCC, CODOS, Hunan Oriental Scandium, Huizhou Top Metal Materials(TOPM) and Rongjiayu Technology, etc.
Chapter 14: Research Findings and Conclusion