Scandium Market Scope And Analysis

  • Report Code : TIPRE00005876
  • Category : Chemicals and Materials
  • Status : Published
  • No. of Pages : 188
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Scandium Market Scope and Key Players Analysis by 2031

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Scandium Market Report Scandium Market Size and Share Scandium Market Scope and Analysis

Scandium Market Report Scope

Report Attribute Details
Market size in 2023 US$ 230.26 Million
Market Size by 2031 US$ 1,660.13 Million
Global CAGR (2023 - 2031) 28.0%
Historical Data 2020-2022
Forecast period 2024-2031
Segments Covered By Derivative
  • Oxide
  • Iodide
  • Alloy
  • Zirconia
By Application
  • Aerospace and Defense
  • Solid Oxide Fuel Cells
  • Electronics
  • Ceramics
  • Lighting
  • Nuclear Applications
  • 3D Printing
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Rest of Europe
Asia Pacific
  • Australia
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
and South and Central America
  • Brazil
  • Argentina
  • and Rest of South and Central America
Market leaders and key company profiles
  • Scandium International Mining Corporation
  • American Elements Inc
  • NioCorp Development Ltd
  • Strategic Metal Investments Ltd
  • Rio Tinto
  • US Research Nanomaterials Inc
  • Otto Chemie Pvt Ltd
  • Stanford Advanced Materials
  • Heeger Materials Inc
  • Hunan Oriental Scandium Co Ltd

    • INDUSTRY DEVELOPMENTS AND FUTURE OPPORTUNITIES

    The scandium market report includes company positioning and concentration to evaluate the performance of competitors/players in the market. According to the press releases, a few initiatives taken by the key players operating in the market are listed below:

    • In 2024, NioCorp Collaborated with a UK-based university to develop innovative aluminum–scandium alloys.
    • In 2023, Rio Tinto entered into a binding agreement to acquire the Platina Scandium Project, a high-grade scandium resource in New South Wales, from Platina Resources Limited (ASX: PGM) for the value of US$ 14 million.