Global Scandium Oxide Market Is Anticipated to Reach US$ 85 million by 2029, growing at a CAGR of 3.6% During 2023-2029

The global Scandium Oxide market is carefully researched in the report while largely concentrating on top players and their business tactics, geographical expansion, market segments, competitive landscape, manufacturing, and pricing and cost structures. Each section of the research study is specially prepared to explore key aspects of the global Scandium Oxide market. For instance, the market dynamics section digs deep into the drivers, restraints, trends, and opportunities of the global Scandium Oxide Market. With qualitative and quantitative analysis, we help you with thorough and comprehensive research on the global Scandium Oxide market. We have also focused on SWOT, PESTLE, and Porter's Five Forces analyses of the global Scandium Oxide market.

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Scandium (III) oxide, Sc2O3, is a high melting rare earth oxide. Scandium oxide appears as a free flowing white powder. It is used in the preparation of other scandium compounds as well as in high-temperature systems (for its resistance to heat and thermal shock), electronic ceramics, and glass composition (as a helper material). Principal uses for scandium oxide are in solid oxide fuel cells (SOFC's), high-strength aluminum alloys, high intensity metal halide lamps, electronics, and laser research.

Scandium oxide is the primary form of refined scandium produced by the mining industry. Scandium-rich ores, such as thortveitite (Sc,Y)2(Si2O7) and kolbeckite ScPO4·2H2O are rare, however trace amounts of scandium are present in many other minerals. Scandium oxide is therefore predominately produced as a by-product from the extraction of other elements.

The global Scandium Oxide market size is expected to reach US$ 85 million by 2029, growing at a CAGR of 3.6% from 2023 to 2029. The market is mainly driven by the significant applications of Scandium Oxide in various end use industries. The expanding demands from the Aluminum-Scandium Alloys, High-Intensity Metal Halide Lamps, Lasers and SOFCs, are propelling Scandium Oxide market. Scandium Oxide 99.90%, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Scandium Oxide 99.99% segment is estimated at % CAGR for the next seven-year period.

The global Scandium Oxide consumption market is led by Europe. Europe is the largest region consumption market, accounting for about 37% market share.

The main manufacturers are Rusal, Stanford Materials, Metallica Minerals, Platina Resources, Scandium International Mining, DNI Metals,Group, Intermix-Met, CODOS, Hunan Oriental Scandium, Huizhou Top Metal Materials (TOPM), CNMC Pgma (Guangxi), Ganzhou Kemingrui etc. Rusal is the largest manufacturer with about 10% market share.

Report Objectives

This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Scandium Oxide, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.

Key Features of The Study:

This report provides in-depth analysis of the global Scandium Oxide market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.

This report profiles key players in the global Scandium Oxide market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Scandium Oxide sales data, market share and ranking.

This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.

This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.

Key companies of Scandium Oxide covered in this report include Rusal, Stanford Materials, Metallica Minerals, Platina Resources, Scandium International Mining, DNI Metals, Group, Intermix-Met and CODOS, etc.

The global Scandium Oxide market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.

Market Segmentation

Company Profiles:

Rusal

Stanford Materials

Metallica Minerals

Platina Resources

Scandium International Mining

DNI Metals

Group

Intermix-Met

CODOS

Hunan Oriental Scandium

Huizhou Top Metal Materials (TOPM)

CNMC Pgma (Guangxi)

Ganzhou Kemingrui

Global Scandium Oxide market, by region:

North America (U.S., Canada, Mexico)

Europe (Germany, France, UK, Italy, etc.)

Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)

South America (Brazil, etc.)

Middle East and Africa (Turkey, GCC Countries, Africa, etc.)

Global Scandium Oxide market, Segment by Type:

Scandium Oxide 99.90%

Scandium Oxide 99.99%

Scandium Oxide 99.999%

Scandium Oxide 99.9995%

Global Scandium Oxide market, by Application

Aluminum-Scandium Alloys

High-Intensity Metal Halide Lamps

Lasers

SOFCs

Others

Core Chapters

Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.

Chapter Two: Detailed analysis of Scandium Oxide manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.

Chapter Three: Sales, revenue of Scandium Oxide in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.

Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.

Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.

Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter Twelve: Analysis of sales channel, distributors and customers.

Chapter Thirteen: Research Findings and Conclusion.

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