Press release
United States Scandium Metal Market Research Report- Segment,outlook, By Region, Forecast 2022
Scandium is a soft metal that with silvery appearance and has a density of nearly three times that of water. It establishes a somewhat pinkish or yellowish cast when oxidized by air. It was found out in 1879 by spectral examination of the minerals gadolinite and euxenite from Scandinavia.Scandium is classified as a rare earth element, jointly with the lanthanides and yttrium. Scandium exhibits in most of the depositions of uranium and rare earth compounds, but it is extracted very few mines around the globe. The preparation of scandium metal was first done in 1937. But due to the low availability and the difficulties in the formulation, the practical application for scandium metal was not acquired until the early 1970s. The optimistic effects of scandium metal on aluminum alloys were found in the 1970s, and it remains its only main application. The lack of the key commercially feasible source of scandium oxide that can guarantee steady supply, the metal has a very negligible market.
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The United States Scandium metal market is anticipated to grow at lucrative speed during the forecast period of 2017 to 2022 with Compound annual growth rate. Scandium metal, due to brilliant electrical conductivity, creeps resistant and heat stabilizer properties and light weight are becoming an important part of diverse industrial and commercial sectors. Also increasing use in Defense and Aerospace, Solid Oxide Fuel Cells (SOFCs), Ceramics, Electronics, Lighting, 3D Printing, Phosphorous CRT (Displays) is fueling the growth of the United States Scandium metal market. However, owing to certain downsides such as erratic supply and the high price of scandium oxide, the Scandium metal market is expected to see in fall in growth.
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The key market players in the United States Scandium metal market are GanzhouKemingrui Non-ferrous Metal Materials Co., Ltd., Rusal, CNMC (GUANGXI) PGMA CO., LTD., Stanford Materials Corporation (SMC), Huizhou Top Metal Materials Co., Ltd (TOPM), Metallica Minerals Limited, Hunan Oriental Scandium Co. Ltd., Platina Resources Ltd., CODOS CREATIVE LIMITED, Scandium International Mining Corp., Great Western Minerals Group, Intermix Met Ltd. and DNI Metals Inc. According to types, the market industry is segmented into; Scandium oxide 99.99%, Scandium oxide 99.999%, Scandium oxide 99.9995% and Scandium metal ingot. By applications, the Scandium metal market is split into; Aluminum-scandium alloys, High-intensity metal halide lamps, Lasers and SOFCs. Geographically, the United States Scandium metal market is segmented into states which are; Illinois, California, Florida, Texas and New York.
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Some points from TOC:-
Table of Contents
1 Market Overview
1.1 Scandium Metal Introduction
1.2 Market Analysis by Type
1.2.1 Scandium oxide 99.99%
1.2.2 Scandium oxide 99.999%
1.2.3 Scandium oxide 99.9995%
1.2.4 Scandium metal ingot
1.3 Market Analysis by Applications
1.3.1 Aluminum-scandium alloys
1.3.2 High-intensity metal halide lamps
1.3.3 Lasers
1.3.4 SOFCs
1.4 Market Analysis by States
1.4.1 California Status and Prospect (2012-2022)
1.4.2 Texas Status and Prospect (2012-2022)
1.4.3 New York Status and Prospect (2012-2022)
1.4.4 Florida Status and Prospect (2012-2022)
1.4.5 Illinois Status and Prospect (2012-2022)
1.5 Market Dynamics
1.5.1 Market Opportunities
1.5.2 Market Risk
1.5.3 Market Driving Force
2 Manufacturers Profiles
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