Global Scandium Oxide Market Insights, Forecast to 2025
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.
As Chinese overall economic downward trend in the past few years, and international economic situation is complicated, in the next few years there will be many uncertainties for Scandium Oxide industry. Attracted by the market profits, more and more companies have entered into Scandium Oxide industry, and the competition between manufacturers at home and abroad is fierce for the time being.
Scandium Oxide demand has a certain space, but basically showing the scarcity of high-end products due to technology barrier and excess capacity of low-end products. There is increasing demand for high-end products.
Despite the presence of competition problems, due to the clear global economy recovery trend and industry profits, investors are still optimistic about this area; there will be more investments to enter the field.
Global Scandium Oxide market size will increase to 120 Million US$ by 2025, from 57 Million US$ in 2018, at a CAGR of 10.2% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Scandium Oxide.
This report researches the worldwide Scandium Oxide market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global Scandium Oxide breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
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
Scandium Oxide Breakdown Data by Type
Scandium oxide 99.90%
Scandium oxide 99.99%
Scandium oxide 99.999%
Scandium oxide 99.9995%
Scandium Oxide Breakdown Data by Application
Aluminum-Scandium Alloys
High-Intensity Metal Halide Lamps
Lasers
SOFCs
Others
Scandium Oxide Production Breakdown Data by Region
United States
Europe
China
Japan
Other Regions
Scandium Oxide Consumption Breakdown Data by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Scandium Oxide capacity, production, value, consumption, status and forecast;
To focus on the key Scandium Oxide manufacturers and study the capacity, production, value, market share and development plans in next few years.
To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Scandium Oxide :
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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.
As Chinese overall economic downward trend in the past few years, and international economic situation is complicated, in the next few years there will be many uncertainties for Scandium Oxide industry. Attracted by the market profits, more and more companies have entered into Scandium Oxide industry, and the competition between manufacturers at home and abroad is fierce for the time being.
Scandium Oxide demand has a certain space, but basically showing the scarcity of high-end products due to technology barrier and excess capacity of low-end products. There is increasing demand for high-end products.
Despite the presence of competition problems, due to the clear global economy recovery trend and industry profits, investors are still optimistic about this area; there will be more investments to enter the field.
Global Scandium Oxide market size will increase to 120 Million US$ by 2025, from 57 Million US$ in 2018, at a CAGR of 10.2% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Scandium Oxide.
This report researches the worldwide Scandium Oxide market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global Scandium Oxide breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
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
Scandium Oxide Breakdown Data by Type
Scandium oxide 99.90%
Scandium oxide 99.99%
Scandium oxide 99.999%
Scandium oxide 99.9995%
Scandium Oxide Breakdown Data by Application
Aluminum-Scandium Alloys
High-Intensity Metal Halide Lamps
Lasers
SOFCs
Others
Scandium Oxide Production Breakdown Data by Region
United States
Europe
China
Japan
Other Regions
Scandium Oxide Consumption Breakdown Data by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Scandium Oxide capacity, production, value, consumption, status and forecast;
To focus on the key Scandium Oxide manufacturers and study the capacity, production, value, market share and development plans in next few years.
To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Scandium Oxide :
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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