Scandium Market 2028 By Type, End-Use Industry and Geography | The Insight Partners

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Scandium Market Forecast to 2028 - Covid-19 Impact and Global Analysis - by Type (Oxide, Fluoride, Chloride, Nitrate, Iodide, Alloy, Carbonate, Others); End-Use Industry (Aerospace and Defense, Solid Oxide Fuel Cells, Electronics, Ceramics, Lighting, Phosphorous CRT (Displays), 3D Printing, Others) and Geography

Report Code: TIPRE00005876 | No. of Pages: 150 | Category: Chemicals and Materials | Status: Upcoming


Scandium is a metal that appears in silvery color and is accounted to form approximately about 22 parts per million abundance by weight of the earth's crust. Scandium is a transitional metal, but due to its chemical properties, it is considered to be a rare earth metal. Scandium is found in approximately 800 minerals and is scattered thinly. Scandium is generally found in its oxide form known as scandium oxide or scandia (Sc2O3). Considering the high cost of scandium, there are many useful applications of scandium in various industries like aerospace & defense, in electronics, ceramics, lighting, 3D printing, among the other industries. The application of scandium is also found in making alloys that used in the manufacture of bicycle and other sports equipment. The growing applications and research on the uses of scandium is sure to expand the scandium market significantly all over the globe.


The scandium market is projected to grow in the forecast period owing to improvements in the quality of scandium coupled with the increasing use of scandium in the solid oxide fuel cells. The growing applications of scandium in various industries have boosted the growth of the scandium market. However, the inconsistent supply of raw materials might restrict the growth of the scandium market. On the other hand, the increasing construction of airports in developing countries and the growing demand for aircraft is likely to showcase growth opportunities for the scandium market during the forecast period.


The "Global Scandium Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of scandium market with detailed market segmentation by type, end-use industry, and geography. The global scandium market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading scandium market players and offers key trends and opportunities in the market.


The global scandium market is segmented on the basis of type, and end-use industry. Based on type, the market is segmented as oxide, fluoride, chloride, nitrate, iodide, alloy, carbonate, and others. On the basis of end-use industry, the market is segmented as aerospace and defense, solid oxide fuel cells, electronics, ceramics, lightning, phosphorous CRT (displays), 3D printing, and others.

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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global scandium market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The scandium market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting scandium market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the scandium market in these regions.

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The reports cover key developments in the scandium market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from scandium market are anticipated to lucrative growth opportunities in the future with the rising demand for scandium in the global market. Below mentioned is the list of few companies engaged in the scandium market.

The report also includes the profiles of key scandium companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
  • Alfa Aesar, Thermo Fisher Scientific
  • Atlantic Equipment Engineers
  • Australian Mines Ltd.
  • Cathay Advanced Materials Limited
  • Clean TeQ Holdings Limited
  • GFS Chemicals
  • Hunan Oriental Scandium Co. Ltd
  • Materion Corporation
  • Platina Resources Ltd
  • Scandium International Mining Corporation
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

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The List of Companies

1. Alfa Aesar, Thermo Fisher Scientific2. Atlantic Equipment Engineers3. Australian Mines Ltd. 4. Cathay Advanced Materials Limited5. Clean TeQ Holdings Limited6. GFS Chemicals7. Hunan Oriental Sc and ium Co. Ltd8. Materion Corporation9. Platina Resources Ltd10. Sc and ium International Mining Corporation
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