Global High Purity Scandium Metal Market Growth 2023-2029

SKU ID : LPI-22528845

No. of pages : 100

Publishing Date : 10-Feb-2023

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

researcher's newest research report, the “High Purity Scandium Metal Industry Forecast” looks at past sales and reviews total world High Purity Scandium Metal sales in 2022, providing a comprehensive analysis by region and market sector of projected High Purity Scandium Metal sales for 2023 through 2029. With High Purity Scandium Metal sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world High Purity Scandium Metal industry.

This Insight Report provides a comprehensive analysis of the global High Purity Scandium Metal landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on High Purity Scandium Metal portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global High Purity Scandium Metal market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for High Purity Scandium Metal and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global High Purity Scandium Metal.

The global High Purity Scandium Metal market size is projected to grow from US$ 60 million in 2022 to US$ 120.7 million in 2029; it is expected to grow at a CAGR of 120.7 from 2023 to 2029.

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.

This report presents a comprehensive overview, market shares, and growth opportunities of High Purity Scandium Metal market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Purity 99.99%- 99.999%

Purity 99.9%-99.99%

Purity 99%- 99.9%

Segmentation by application

Processing and Manufacturing

Energy

Aerospace

Other

This report also splits the market 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

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Rusal

Stanford Materials Corp.

Platina Resources Ltd.

Scandium International Mining Corp.

DNI Metals Inc.

Sumitomo Metal Mining (SMM)

MCC

Hunan Oriental Scandium Co. Ltd.

Huizhou Top Metal Materials Co., Ltd (TOPM)

American Elements

Key Questions Addressed in this Report

What is the 10-year outlook for the global High Purity Scandium Metal market?

What factors are driving High Purity Scandium Metal market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do High Purity Scandium Metal market opportunities vary by end market size?

How does High Purity Scandium Metal break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?


Frequently Asked Questions



This market study covers the global and regional market with an in-depth analysis of the overall growth prospects...
  • By product type
  • By End User/Applications
  • By Technology
  • By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects including drivers, restraints...
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