Global Scandium Oxide Market Size, Manufacturers 2021-2027
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.
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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, Great Western Minerals 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.
Market Analysis and Insights: Global Scandium Oxide Market
In 2020, the global Scandium Oxide market size, Manufacturers, Supply Chain was US$ 63 million and it is expected to reach US$ 81 million by the end of 2027, with a CAGR of 3.6% during 2021-2027.
Global Scandium Oxide Scope and Market Size:
- Scandium Oxide market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Scandium Oxide market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2016-2027.
Segment by Type, the Scandium Oxide market is segmented into:
- Scandium Oxide 99.90%
- Scandium Oxide 99.99%
- Scandium Oxide 99.999%
- Scandium Oxide 99.9995%
Segment by Application, the Scandium Oxide market is segmented into:
- Aluminum-Scandium Alloys
- High-Intensity Metal Halide Lamps
- Lasers
- SOFCs
- Others
Regional and Country-level Analysis:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- South Korea
- India
- Southeast Asia
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Competitive Landscape and Scandium Oxide Market Share Analysis:
- Scandium Oxide market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2016-2021. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2016-2021. Details included are company description, major business, Scandium Oxide product introduction, recent developments, Scandium Oxide sales by region, type, application and by sales channel.
The major companies include:
- Rusal
- Stanford Materials
- Metallica Minerals
- Platina Resources
- Scandium International Mining
- DNI Metals
- Great Western Minerals Group
- Intermix-Met
- CODOS
- Hunan Oriental Scandium
- Huizhou Top Metal Materials (TOPM)
- CNMC Pgma (Guangxi)
- Ganzhou Kemingrui
Reasons to Purchase Our Research Report:
- Analyzing the outlook of the market with the recent trends and SWOT analysis
- Market dynamics scenario, along with growth opportunities of the market in the years to come
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
- Regional and country-level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
- Analyst support, along with the data support in excel format.
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Table of content
1 Study Coverage
1.1 Scandium Oxide Product Introduction
1.2 Market by Type
1.2.1 Global Scandium Oxide Market Size Growth Rate by Type
1.2.2 Scandium Oxide 99.90%
1.2.3 Scandium Oxide 99.99%
1.2.4 Scandium Oxide 99.999%
1.2.5 Scandium Oxide 99.9995%
1.3 Market by Application
1.3.1 Global Scandium Oxide Market Size Growth Rate by Application
1.3.2 Aluminum-Scandium Alloys
1.3.3 High-Intensity Metal Halide Lamps
1.3.4 Lasers
1.3.5 SOFCs
1.3.6 Others
1.4 Study Objectives
1.5 Years Considered
2 Executive Summary
2.1 Global Scandium Oxide Market Size Estimates and Forecasts
2.1.1 Global Scandium Oxide Revenue 2016-2027
2.1.2 Global Scandium Oxide Sales 2016-2027
2.2 Scandium Oxide Market Size by Region: 2021 Versus 2027
2.3 Scandium Oxide Sales by Region (2016-2027)
2.3.1 Global Scandium Oxide Sales by Region: 2016-2021
2.3.2 Global Scandium Oxide Sales Forecast by Region (2022-2027)
2.3.3 Global Scandium Oxide Sales Market Share by Region (2016-2027)
2.4 Scandium Oxide Market Estimates and Projections by Region (2022-2027)
2.4.1 Global Scandium Oxide Revenue by Region: 2016-2021
2.4.2 Global Scandium Oxide Revenue Forecast by Region (2022-2027)
2.4.3 Global Scandium Oxide Revenue Market Share by Region (2016-2027)
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