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The scandium market is forecasted to grow by USD 268.2 million during 2023-2028, accelerating at a CAGR of 8.51% during the forecast period. The report on the scandium market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing electronic content in hybrid and electric vehicles, increasing usage in SOFCs, and rising demand for aluminum-scandium alloys in aerospace and defense.
The scandium market is segmented as below:
By End-user
- Solid oxide fuel cells
- Aerospace and defense
- Electronics
- Sporting goods
- Others
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
The report on the scandium market covers the following areas:
- Scandium market sizing
- Scandium market forecast
- Scandium market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global scandium market: Atlantic Equipment Engineers Inc., Australian Mines Ltd., GFS Chemicals Inc., Huizhou Top Metal Material Co. Ltd., Lenntech BV, LB Group Co. Ltd., Materion Corp., Merck KGaA, Platina Resources Ltd., Stanford Materials Corp., Thermo Fisher Scientific Inc., Treibacher Industrie AG, and United Company RUSAL.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is imperial development of scandium-modified ev alloy."
According to the report, one of the major drivers for this market is the increasing electronic content in hybrid and electric vehicles.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Atlantic Equipment Engineers Inc.
- Australian Mines Ltd.
- GFS Chemicals Inc.
- Huizhou Top Metal Material Co. Ltd.
- Lenntech BV
- LB Group Co. Ltd.
- Materion Corp.
- Merck KGaA
- Platina Resources Ltd.
- Stanford Materials Corp.
- Thermo Fisher Scientific Inc.
- Treibacher Industrie AG
- United Company RUSAL
