Global Scandium Metal Market is Set for a Positive Growth Forecast at CAGR of 3.6% till 2023

Bharat Book Bureau Provides the Trending Market Research Report on “Global Scandium Metal Market Report 2023” under Chemical & Materials Category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports.

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.

Scope of the Report:

This report focuses on the Scandium Metal in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

Due to the Scandium Metal special properties and no substitutes, in the coming years there is an increasing demand for Scandium Metal in the regions of North America, Europe, China, and Japan.

The worldwide market for Scandium Metal is expected to grow at a CAGR of roughly 3.6% over the next five years, will reach 73 million US$ in 2023, from 62 million US$ in 2017, according to a new GIR (Global Info Research) study.

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Market Segment by Manufacturers, this report covers

– Rusal

– Stanford Materials Corp.

– Metallica Minerals

– Platina Resources Ltd.

– Scandium International Mining Corp.

– DNI Metals Inc.

– Great Western Minerals Group

– Intermix-met


– Hunan Oriental Scandium Co. Ltd.

– Huizhou Top Metal Materials Co., Ltd (TOPM)

– CNMC Pgma (Guangxi)

– Ganzhou Kemingrui

Market Segment by Regions, regional analysis covers

– North America (United States, Canada and Mexico)

– Europe (Germany, France, UK, Russia and Italy)

– Asia-Pacific (China, Japan, Korea, India and Southeast Asia)

– South America (Brazil, Argentina, Colombia etc.)

– Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers

– Scandium Oxide 99.99%

– Scandium Oxide 99.999%

– Scandium Oxide 99.9995%

– Scandium Metal Ingot

Market Segment by Applications, can be divided into

– Aluminum-scandium Alloys

– High-intensity Metal Halide Lamps

– Lasers


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