Scandium (Sc) is a silvery-white metallic transition metal, often classified as a rare earth element (REE), together with yttrium (Y) and the 15 lanthanides (La). Scandium (Sc) is a key ingredient in the new solid oxide fuel cell market, and in lighting and aerospace components. Scandium (Sc) is present in most of the deposits of rare earth and uranium compound. The addition of scandium to aluminum limits the excessive grain growth that occurs in the heat-affected zone of welded aluminum components.
This report contains market size and forecasts of Aluminum-scandium Alloys in global, including the following market information:
Global Aluminum-scandium Alloys Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Aluminum-scandium Alloys Market Sales, 2017-2022, 2023-2028, (Kiloton)
Global top five Aluminum-scandium Alloys companies in 2021 (%)
The global Aluminum-scandium Alloys market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
2% Scandium Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Aluminum-scandium Alloys include Rusal, Stanford Materials Corp., Metallica Minerals, Platina Resources Ltd., Scandium International Mining Corp., DNI Metals Inc., Sumitomo Metal Mining (SMM), MCC and CODOS, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Aluminum-scandium Alloys manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Aluminum-scandium Alloys Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Aluminum-scandium Alloys Market Segment Percentages, by Type, 2021 (%)
2% Scandium
1.5% Scandium
Other
Global Aluminum-scandium Alloys Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Aluminum-scandium Alloys Market Segment Percentages, by Application, 2021 (%)
Automobile
Aerospace
Other
Global Aluminum-scandium Alloys Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Aluminum-scandium Alloys Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Aluminum-scandium Alloys revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Aluminum-scandium Alloys revenues share in global market, 2021 (%)
Key companies Aluminum-scandium Alloys sales in global market, 2017-2022 (Estimated), (Kiloton)
Key companies Aluminum-scandium Alloys sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Rusal
Stanford Materials Corp.
Metallica Minerals
Platina Resources Ltd.
Scandium International Mining Corp.
DNI Metals Inc.
Sumitomo Metal Mining (SMM)
MCC
CODOS
Hunan Oriental Scandium Co. Ltd.
Huizhou Top Metal Materials Co., Ltd (TOPM)
Rongjiayu Technology