Scandium Market Share, Size, and Trends by 2031
Scandium Market: Strategic Insights
Scandium Market
-
CAGR (2023 - 2031)28.0% -
Market Size 2023
US$ 230.26 Million -
Market Size 2031
US$ 1,660.13 Million
Market Dynamics
GROWTH DRIVERS
- Increasing Adoption of Solid Oxide Fuel Cells
- Burgeoning Demand for Aluminum
FUTURE TRENDS
- Surging Popularity of Electric Vehicles
OPPORTUNITIES
- Advancements in Extraction and Processing Methods
Key Players
- 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
Regional Overview
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- and South and Central America
Market Segmentation
Derivative
- Oxide
- Iodide
- Alloy
- Zirconia
Application
- Aerospace and Defense
- Solid Oxide Fuel Cells
- Electronics
- Ceramics
- Lighting
- Nuclear Applications
- 3D Printing