2024-2032 年按产品类型、应用、最终用途产业和地区分類的钪市场报告

2023年全球钪IMARC Group规模达5.914亿美元。该市场的主要推动力是航空航太和汽车工业中轻质高性能合金的使用不断增加、电动车市场的显着扩张以及政府为减少钪进口依赖而采取的有利政策。

钪市场分析：

• 主要市场驱动因素：最近对钪的需求增加归因于先进的航空航天应用，其合金特性有助于提高材料的强度和耐用性。此外，固体氧化物燃料电池广泛使用钪稳定氧化锆，在节能和环保的电力生产中得到应用。
• 主要市场趋势：钪在航空航太和汽车工业轻质铝钪合金中的应用不断发展，正在努力减轻车辆的重量，同时大幅提高燃油效率。除此之外，研发也致力于开发钪在三维列印材料中的功能，并解锁汽车和航空航太工业复杂零件製造的新应用。
• 地理趋势：北美钪市场受到国防和航空航太工业采用钪增强材料的强烈热情的广泛推动。此外，由于电子和航空航太领域对增值材料的高需求，亚太地区受到中国和印度工业快速成长的推动。
• 竞争格局：一些领先的钪公司包括澳洲矿业有限公司、Galileo Resources PLC、GFS Chemicals Inc.、湖南东方钪有限公司、Lenntech BV、Materion Corporation、Merck KGaA、Niocorp Developments Ltd.、Platina Resources Limited、Scandium国际矿业公司、住友金属矿业有限公司及赛默飞世尔科技公司等。
• 挑战与机会：钪市场的主要挑战是该金属的高成本和有限的可用性，这阻碍了其在全球的采用。另一方面，机会在于透过当前主要生产国以外的采矿项目增加钪产量，并辅以改进的提取技术，这可以降低成本并增加商业用途。

钪市场趋势：

航太和国防工业需求

钪在航空航太和国防领域的应用非常重要，因为它可以增强铝合金的性能，使其更轻、更强。该应用对于生产更有效率的航空结构和军事设备至关重要。根据美国联邦航空管理局 (FAA) 的数据，现役通用航空机队总数预计将从 2018 年的 212,875 架飞机增至 2039 年的 211,575 架。这些投资促进了钪增强材料的发展，因为它们满足了现代航空航天工程和国防系统的严格要求。此外，政府资助推动的持续研发促进了创新并扩大了钪的用途，从而推动了其市场成长。随着这些产业转向强度重量比更高的材料以提高燃油效率和性能，钪的价值变得越来越重要，使其成为未来国防和航空航太发展的关键基础。

电动车 (EV) 市场的成长

电动车（EV）市场的扩张大大增加了对钪的需求，钪被广泛用于製造各种电动车零件的轻质铝钪合金。根据全球永续电力合作伙伴组织、国家电网研究预测，2025年中国交通运输用电比重将达到10%，由2015年的5%提高到2030年的15%，25年将进一步提高到10%。到2040年，中国电动车销量持续成长，从2011年的5,600辆开始，2014年达到45,000辆，2016年扩大到74万辆。约200万辆电动车。 2030年，预计中国电动车保有量将接近5,000万辆，每年电动车充电专用电力需求将达到200太瓦时。根据中国汽车工程学会预计，2030年汽车销量将达3,800万辆，其中电动车销量将达1,500万辆，占40%。此外，钪合金满足减轻车辆重量的要求，从而提高电池的性能和效率。同时，美国、中国和欧盟等主要经济体的多个政府正在透过法规和目标推动电动车销售的成长，同时支持包括钪使用在内的技术进步。因此，这种监管推动与钪合金提供的优势相结合，使该材料处于满足电动车市场不断增长的需求所需的关键资源的最前沿。

政府支持倡议

由于认识到钪是一种关键矿物，各国政府正在实施战略措施，以确保钪供应并促进其在各行业的利用。在美国，能源部与欧盟和澳洲的其他实体一道，指定了专门资金和补贴，明确旨在提高钪开采能力并减少对进口的依赖。例如，2023 年 11 月 9 日，Scandium International Mining Corp. 宣布，在 2023 年 Nyngan 钻探计划取得积极成果后，其全资子公司 EMC Metals Australia Pty Ltd 已开始 Nyngan Scandium 专案的实体开发。 Nyngan Scandium计画位于澳洲新南威尔斯州西部Nyngan西南偏南17.5公里处。 Nyngan 钪计画将是世界上第一个纯钪采矿作业，重点在于澳洲、加拿大和美国政府认为至关重要的高需求金属。这项发展为新南威尔斯州提供了一个重要的机会，使其成为关键矿物负责任供应的世界领导者。因此，政府的积极倡议确保了钪的供应并稳定了市场，将钪推向了高科技产业和永续发展项目的前沿。

钪市场细分：

IMARC Group提供了每个细分市场的主要趋势分析，以及 2024-2032 年全球、区域和国家层面的预测。我们的报告根据产品类型、应用和最终用途行业对市场进行了分类。

按产品类型划分：

• 氧化物
• 氟化物
• 氯化物
• 硝酸盐
• 碘化物
• 合金
• 其他的

氟化物占据大部分市场份额

该报告根据产品类型对市场进行了详细的细分和分析。这包括氧化物、氟化物、氯化物、硝酸盐、碘化物、合金等。报告称，氟化物占最大部分。

由于氟化物在高强度金属卤化物灯和电子产品中的广泛应用，氟化物正在成为最大的细分市场。此外，由于其卓越的导电性和耐腐蚀性，它成为固体氧化物燃料电池的优质材料。此外，各行业都严重依赖这种化合物来提高轻型航空结构和体育用品的性能，进一步增加了其需求。氟化钪的多功能性及其在各种高科技应用中的不可或缺的作用，使其处于钪市场的前沿，反映了多个行业提高效率和性能的更广泛趋势。

按应用划分：

• 铝钪合金
• 高强度金属卤化物灯
• 雷射器
• 固态氧化物燃料电池

报告还提供了基于应用程式的详细市场细分和分析。这包括铝钪合金、高强度金属卤化物灯、雷射和固体氧化物燃料电池。

铝钪合金领域在钪市场中占有重要份额，该市场主要由航空航太和汽车产业推动。这种类型的合金与少量钪结合时，表现出优异的性能，例如增加强度、减少晶粒尺寸和改善可焊性，这有助于飞机和车辆具有优异的性能。此外，减少碳排放和提高燃料效率日益重要，对该行业不断增长的需求产生了重大影响，使轻质材料变得越来越重要。因此，主要参与者正在推出先进的产品变体来满足这些需求。例如，2023 年 10 月 18 日，NioCorp Developments Ltd. 及其开发合作伙伴 Nanoscale Powders LLC 在宾州新自由城的创意工程师工厂成功生产了 1 公斤铝钪合金锭。

此外，高强度金属卤化物灯钪可作为添加剂来提高所产生的光的品质和效率。这些灯广泛应用于大型照明应用，例如体育场馆、工业设施和公共空间，这些场合需要强大、可靠的照明。此外，添加钪使这些灯能够产生与自然日光非常相似的光，从而增强可见度和显色性。此外，该细分市场主要是由不断增长的城市基础设施和对节能照明解决方案不断增长的需求所推动的。

雷射钪在各种雷射技术中都有应用，特别是在科学研究、军事和医疗应用。此外，由钪製成的雷射因其能够精确且可控地产生特定波长的雷射光束而受到重视。这些特性使它们适用于初级研究、外科手术和精确度至关重要的特定军事用途。此外，医疗设备的创新以及现代通讯和武器系统国防支出的增加也推动了雷射器中钪的需求。

此外，固态氧化物燃料电池（SOFC）使用钪稳定氧化锆作为电解质，以增强其在较低温度下的性能，从而实现更有效率、更稳定的能源生产。由于全球向永续能源的转变，加上燃料电池技术在固定、便携式和运输应用中的日益普及，这一领域正在积聚动力。此外，固态氧化物燃料电池中的钪掺入使SOFC具有更长的使用寿命并提高燃料利用效率，解决了燃料电池技术中的一些关键问题。随着政府和私营部门加强对再生能源基础设施和技术的投资，未来对钪的需求预计将推动市场成长，并为市场发展带来巨大机会。

依最终用途行业细分：

• 航太和国防
• 陶瓷
• 灯光
• 电子产品
• 3D列印
• 体育用品
• 其他的

航太和国防是领先的细分市场

该报告根据最终用途行业提供了详细的市场细分和分析。这包括航空航天和国防、陶瓷、照明、电子、3D 列印、体育用品等。报告称，航空航太和国防是最大的领域。

航太和国防正在成为主导产业。钪主要用于增强铝合金的性能，使其轻质且耐腐蚀。这些增值合金在飞机製造中对众多零件有着巨大的需求，这有助于降低燃油消耗并增加有效载荷。此外，对更高效率和性能优化的不断追求，加上商业航空生产率的飙升，推动了航空航太业的需求。此外，钪也被用于固态氧化物燃料电池，也用于清洁能源应用，进一步扩大了其在先进航空航天设计和各种国防系统中的适用性。例如，2023年7月13日，NioCorp Developments Ltd.（也称为NioCorp）讚扬美国众议院军事委员会强调铝钪中间合金因其在众多国防平台中的应用而对美国很重要。

按地区划分：

• 北美洲
  • 美国
  • 加拿大
• 亚太
  • 中国
  • 日本
  • 印度
  • 韩国
  • 澳洲
  • 印尼
  • 其他的
• 欧洲
  • 德国
  • 法国
  • 英国
  • 义大利
  • 西班牙
  • 俄罗斯
  • 其他的
• 拉丁美洲
  • 巴西
  • 墨西哥
  • 其他的
• 中东和非洲

北美市场领先，占据最大的钪市场份额

该报告还对所有主要区域市场进行了全面分析，其中包括北美（美国和加拿大）；欧洲（德国、法国、英国、义大利、西班牙、俄罗斯等）；亚太地区（中国、日本、印度、韩国、澳洲、印尼等）；拉丁美洲（巴西、墨西哥等）；以及中东和非洲。报告称，北美是最大的钪区域市场。

根据钪市场产业概况，由于航空航太和国防工业不断扩大，在高性能合金中使用大量钪，北美正在成为最大的市场。该地区拥有先进的技术基础设施以及有关钪各种应用的研发活动。此外，SOFC 中钪消耗量的增加也有助于市场成长，因为再生能源的产生正在增加，主要是在美国和加拿大。此外，政府对稀土矿研究和开发的支持政策支持了市场的成长。例如，2023年9月28日，NioCorp Developments Ltd.宣布拟在美国市场推出铝钪中间合金产品（Al-Sc MA）。这项倡议源于其拟议的 Elk Creek 专案采矿和加工设施，取决于获得专案融资和启动采矿作业。推出这种合金的目的是使商业和国防製造商能够用富含钪的替代品取代车辆中的某些铝零件。这些含钪铝合金以其增强的强度、耐腐蚀性和可焊性而着称，在性能和减轻重量方面有相当大的改进，特别是在运输方面。

（请注意，这只是关键参与者的部分列表，报告中提供了完整列表。）

• 目前，钪市场的主要参与者正在积极采取策略来巩固其市场地位，并利用对钪强化产品不断增长的需求。这些策略包括扩大生产能力、透过策略伙伴关係确保钪资源以及投资研发以创新新应用。例如，公司正在与采矿企业结盟，以确保钪的稳定且具成本效益的供应。他们也致力于开发专有技术，以更有效地提取和精炼钪，降低整体生产成本并提高产品品质。此外，市场领导者正在与航空航太、汽车和电子行业的最终用户密切合作，以客製化满足特定性能要求的钪合金。这些合作努力不仅确保了长期合约，还为钪应用开闢了新途径，推动了市场成长和技术进步。

钪市场新闻：

• 2024年1月30日，NioCorp Developments Ltd.与伦敦布鲁内尔大学合作。此次合作将聚焦于开发新型铝钪合金及其应用，特别针对汽车产业。布鲁内尔大学因其在铸造铝合金应用方面的研究而享誉全球。
• 2023 年 4 月 28 日，力拓已敲定协议，以 1,400 万美元向 Platina Resources Limited 购买 Platina Scandium 专案。该项目位于新南威尔斯州中部康多博林附近，拥有可扩展的高品位钪资源，预计在 30 年内每年可生产约 40 吨氧化钪。此外，力拓目前从魁北克省索雷尔特雷西二氧化钛生产过程中产生的废物流中提取氧化钪。 Platina钪专案的投入营运将使力拓每年大幅增加钪产量。此次采购是力拓战略倡议的一部分，旨在扩大其材料组合，这对支持向低碳经济转型至关重要。

本报告回答的关键问题

• 2023年全球钪市场规模是多少
• 2024-2032年全球钪市场预计成长率是多少
• 推动全球钪市场的关键因素是什么
• COVID-19对全球钪市场有何影响
• 根据产品类型，全球钪市场的细分如何
• 基于最终用途产业的全球钪市场区隔是怎样的
• 全球钪市场的重点区域有哪些
• 谁是全球钪市场的主要参与者/公司

本报告回答的关键问题

• 2023年全球钪市场规模有多大？ 2024-2032年全球钪市场预计成长率是多少？
• 推动全球钪市场的关键因素是什么？
• COVID-19 对全球钪市场有何影响？
• 根据产品类型，全球钪市场的细分如何？
• 基于最终用途产业，全球钪市场的细分如何？
• 全球钪市场的重点地区有哪些？
• 全球钪市场的主要参与者/公司有哪些？

目录

第一章：前言

第 2 章：范围与方法

• 研究目的
• 利害关係人
• 数据来源
  • 主要来源
  • 二手资料
• 市场预测
  • 自下而上的方法
  • 自上而下的方法
• 预测方法

第 3 章：执行摘要

第 4 章：简介

• 概述
• 主要行业趋势

第 5 章：全球钪市场

• 市场概况
• 市场表现
• COVID-19 的影响
• 市场预测

第 6 章：市场区隔：依产品类型

• 氧化物
  • 市场趋势
  • 市场预测
• 氟化物
  • 市场趋势
  • 市场预测
• 氯化物
  • 市场趋势
  • 市场预测
• 硝酸盐
  • 市场趋势
  • 市场预测
• 碘化物
  • 市场趋势
  • 市场预测
• 合金
  • 市场趋势
  • 市场预测
• 其他的
  • 市场趋势
  • 市场预测

第 7 章：市场区隔：按应用

• 铝钪合金
  • 市场趋势
  • 市场预测
• 高强度金属卤化物灯
  • 市场趋势
  • 市场预测
• 雷射器
  • 市场趋势
  • 市场预测
• 固态氧化物燃料电池
  • 市场趋势
  • 市场预测

第 8 章：市场区隔：依最终用途产业

• 航太和国防
  • 市场趋势
  • 市场预测
• 陶瓷
  • 市场趋势
  • 市场预测
• 灯光
  • 市场趋势
  • 市场预测
• 电子产品
  • 市场趋势
  • 市场预测
• 3D列印
  • 市场趋势
  • 市场预测
• 体育用品
  • 市场趋势
  • 市场预测
• 其他的
  • 市场趋势
  • 市场预测

第 9 章：市场区隔：按地区

• 北美洲
  • 美国
  • 加拿大
• 亚太
  • 中国
  • 日本
  • 印度
  • 韩国
  • 澳洲
  • 印尼
  • 其他的
• 欧洲
  • 德国
  • 法国
  • 英国
  • 义大利
  • 西班牙
  • 俄罗斯
  • 其他的
• 拉丁美洲
  • 巴西
  • 墨西哥
  • 其他的
• 中东和非洲
  • 市场趋势
  • 市场细分：按国家/地区
  • 市场预测

第 10 章：SWOT 分析

• 概述
• 优势
• 弱点
• 机会
• 威胁

第 11 章：价值链分析

第 12 章：波特五力分析

• 概述
• 买家的议价能力
• 供应商的议价能力
• 竞争程度
• 新进入者的威胁
• 替代品的威胁

第 13 章：价格分析

第14章：竞争格局

• 市场结构
• 关键参与者
• 关键参与者简介
  • Australian Mines Limited
  • Galileo Resources PLC
  • GFS Chemicals Inc.
  • Hunan Oriental Scandium Co. Ltd.
  • Lenntech BV
  • Materion Corporation
  • Merck KGaA
  • Niocorp Developments Ltd.
  • Platina Resources Limited
  • Scandium International Mining Corporation
  • Sumitomo Metal Mining Co. Ltd
  • Thermo Fisher Scientific Inc.

The global scandium market size reached US$ 591.4 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 1,050.2 Million by 2032, exhibiting a growth rate (CAGR) of 6.3% during 2024-2032. The market is primarily driven by the growing usage of lightweight, high-performance alloys in aerospace and automotive industries, significant expansion in the electric vehicle market, and favorable government policies to reduce the scandium import dependency.

Scandium Market Analysis:

• Major Market Drivers: The recent increased demand for scandium is attributed to the advanced aerospace applications, where its alloying characteristics help enhance the strength and durability of materials. Besides, solid oxide fuel cells widely use scandium-stabilized zirconia which find applications in energy-efficient and eco-friendly power production.
• Key Market Trends: The increasing development of scandium for the application of lightweight aluminum-scandium alloys for the aerospace and automobile industries is putting efforts to reduce the weight of vehicles while at the same time considerably improving fuel efficiency. In addition to this, R&D is concerned with the development of the capabilities of scandium in three-dimensional printing materials and unlocking newer applications in manufacturing complex parts for the automotive and aerospace industry.
• Geographical Trends: The North American scandium market is widely driven by a strong zeal for the adoption of scandium-enhanced material in the defense and aerospace industries. Besides, the Asia-Pacific region is driven by rapid industrial growth in China and India due to the high demand for value-added materials in electronics and aerospace sectors.
• Competitive Landscape: Some of the leading scandium companies include Australian Mines Limited, Galileo Resources PLC, GFS Chemicals Inc., Hunan Oriental Scandium Co. Ltd., Lenntech B.V., Materion Corporation, Merck KGaA, Niocorp Developments Ltd., Platina Resources Limited, Scandium International Mining Corporation, Sumitomo Metal Mining Co. Ltd and Thermo Fisher Scientific Inc., among many others.
• Challenges and Opportunities: The main challenges in the scandium market are the high cost and limited availability of the metal which hinders its adoption across the globe. On the other hand, opportunities lie in increasing scandium production through mining projects outside current major producing countries, complemented by improved extraction technologies, which could reduce costs and increase commercial use.

Scandium Market Trends:

Aerospace and Defense Industry Demand

Scandium's incorporation into aerospace and defense sectors is instrumental due to its attributes that enhance the performance of aluminum alloys, making them lighter and stronger. This application is critical for producing more efficient aerospace structures and military equipment. As per the Federal Aviation Administration (FAA), the overall active general aviation fleet is projected to change from 212,875 aircraft in 2018 to 211,575 by the year 2039. There is a substantial emphasis on incorporating advanced materials like scandium alloys to innovate and improve defense capabilities. These investments boost the development of scandium-enhanced materials as they fulfill the stringent requirements of modern aerospace engineering and defense systems. Furthermore, continuous R&D facilitated by government funding promotes innovation and expands the uses of scandium, therefore driving its market growth. As these industries move toward materials with higher strength-to-weight ratios for added fuel efficiency and performance, scandium's value becomes increasingly critical, making it a key base for future defense and aerospace developments.

Growth in the Electric Vehicle (EV) Market

The expansion of the electric vehicle (EV) market considerably boosts the demand for scandium, which is widely employed in the manufacturing of lightweight aluminum-scandium alloys for various EV components. According to the Global Sustainable Electricity Partnership, a study by state grid forecasts that, the share of China's electricity in transport sector will reach 10% in 2025, which increased from 5% in 2015 and which will further increase to 15% in 2030 and 25% in 2040. Besides, electric vehicle sales continued growing in China, starting from 5,600 units in 2011, reaching 45,000 pieces in 2014, and expanding to 740,000 pieces in 2016. By 2017, China had produced approximately 770,000 EVs and had a total of about 2 million EVs. By 2030, China is expected to have close to 50 million electric vehicles, with a dedicated electricity demand for electric vehicle charging of 200 TWh annually. According to the Society of Automotive Engineering of China, car sales in 2030 will total 38 million, with 15 million or 40% being electric vehicles. Besides, scandium alloys meet the requirement in lightening vehicle weights which increases their performances and efficiency of batteries. Along with this, several governments across major economies like the U.S., China, and the European Union are pushing for higher EV sales through regulations and targets while supporting technological advancements that include the use of scandium. Hence, this regulatory push combined with the advantages provided by scandium alloys places the material at the forefront of critical resources needed to meet the burgeoning demand of the EV market.

Supportive Government Initiatives

Various governments are implementing strategic measures to secure scandium supply and promote its utilization across various industries as they recognize scandium as a critical mineral. In the United States, the Department of Energy, in conjunction with other entities within the European Union and Australia, has earmarked funds and subsidies explicitly designed to improve scandium mining capabilities and decrease reliance on imports. For instance, on 9 November 2023, Scandium International Mining Corp. announced that its wholly-owned subsidiary, EMC Metals Australia Pty Ltd, has initiated physical development at the Nyngan Scandium Project, after positive results of the 2023 Nyngan drilling program. The Nyngan Scandium project is situated 17.5 kilometers south-southwest of Nyngan in western New South Wales, Australia. The Nyngan scandium project will be the world's first scandium-only mining operation, focusing on a high-demand metal identified as critical by the governments of Australia, Canada, and the United States. This development presents a significant opportunity for New South Wales to become a world leader in the responsible supply of critical minerals. Therefore, positive government initiatives secure supplies of scandium and stabilize the markets which push scandium to the forefront of high-tech industries and sustainable development projects.

Scandium Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global, regional, and country levels for 2024-2032. Our report has categorized the market based on product type, application and end use industry.

Breakup by Product Type:

• Oxide
• Fluoride
• Chloride
• Nitrate
• Iodide
• Alloy
• Others

Fluoride accounts for the majority of the market share

The report has provided a detailed breakup and analysis of the market based on the product type. This includes oxide, fluoride, chloride, nitrate, iodide, alloy, and others. According to the report, fluoride represented the largest segment.

Fluoride is emerging as the largest segment due to its extensive use in high-intensity metal halide lamps and electronics. Additionally, it serves as a superior material for solid oxide fuel cells owing to its exceptional electrical conductivity and resistance to corrosion. Moreover, various industries heavily rely on this compound to enhance the performance of lighter aerospace structures and sporting goods, further boosting its demand. The versatility of scandium fluoride, combined with its integral role in various high-tech applications, positions it at the forefront of the scandium market, reflecting broader trends toward efficiency and performance enhancement across multiple sectors.

Breakup by Application:

• Aluminum-scandium Alloys
• High-intensity Metal Halide Lamps
• Lasers
• Solid Oxide Fuel Cells

A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes aluminum-scandium alloys, high-intensity metal halide lamps, lasers, and solid oxide fuel cells.

The aluminum-scandium alloy segment represents a significant share of the scandium market, which is largely driven by the aerospace and automotive sectors. Alloys of this type, when combined with small amounts of scandium, exhibit superior properties such as increased strength, reduced grain size, and improved weldability which helps aircraft and vehicles with superior performance properties. Also, the rising demand in this industry is significantly influenced by the growing importance of reducing carbon emissions and enhancing fuel efficiency, thus making lightweight materials increasingly crucial. Hence key players are introducing advanced product variants to meet these needs. For instance, on 18 October 2023, NioCorp Developments Ltd. and its development partner, Nanoscale Powders LLC achieved the successful production of a 1-kilogram ingot of aluminum-scandium alloy at the creative engineer's facility in New Freedom, Pennsylvania.

Moreover, high-intensity metal halide lamps scandium serves as an additive to improve the quality and efficiency of light produced. These lamps are widely used in large-scale lighting applications, such as stadiums, industrial facilities, and public spaces, where strong, reliable lighting is essential. Additionally, the addition of scandium allows these lamps to produce a light that closely resembles natural daylight enhancing visibility and color rendering. Besides, this segment is primarily driven by the growing urban infrastructure and the increasing demand for energy-efficient lighting solutions.

Laser scandium finds applications in various laser technologies, particularly those used in scientific research, military, and medical applications. Also, lasers made from scandium are valued for their ability to generate specific wavelengths of laser beams with accuracy and control. These characteristics make them suitable for primary research, surgical procedures, and specific military uses where precision is crucial. In addition, demand for scandium in lasers is driven by innovations in medical equipment and increased defense spending on modern communication and weaponry systems.

Besides, solid oxide fuel cells (SOFC) use scandium-stabilized zirconia as an electrolyte to enhance their performances at lower temperatures, thus leading to more efficient and stable energy production. This segment is gathering momentum due to the global shift toward sustainable energy sources, coupled with the increasing diffusion of fuel cell technology across stationary, portable, and transportation applications. Additionally, scandium incorporation in solid oxide fuel cells enables SOFCs to have longer operational lifetimes and improve fuel utilization efficiency, solving some of the key issues in fuel cell technology. As governments and private sectors have been investing more in renewable energy infrastructure and technologies, the future demand for scandium is anticipated to drive growth in the market and present great opportunities for market development.

Breakup by End Use Industry:

• Aerospace and Defense
• Ceramics
• Lighting
• Electronics
• 3D Printing
• Sporting Goods
• Others

Aerospace and Defence represent the leading market segment

The report has provided a detailed breakup and analysis of the market based on the end use industry. This includes aerospace and defense, ceramics, lighting, electronics, 3d printing, sporting goods, and others. According to the report, aerospace and defense represented the largest segment.

Aerospace and defense are emerging as the dominant sectors. Scandium is mainly used to enhance the performance properties of aluminum alloys, making them lightweight and resistant to corrosion. These value-added alloys have tremendous demand in aircraft manufacturing for numerous components, which facilitate reduced fuel consumption and increased payload. Furthermore, the demand from the aerospace industry is fuelled by the unceasing pursuit of greater efficiency and performance optimization, coupled with surging commercial aviation production rates. Additionally, scandium finds its way into solid oxide fuel cells, also employed in clean energy applications, further expanding its applicability in advanced aerospace design and various defense systems. For instance, on 13 July 2023, NioCorp Developments Ltd., also known as NioCorp, commended the U.S. House Armed Services Committee for emphasizing that the aluminum-scandium master alloy is important to the United States for its applications in numerous defense platforms.

Breakup by Region:

• North America
  • United States
  • Canada
• Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa

North America leads the market, accounting for the largest scandium market share

The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America was the largest regional market for scandium.

As per the scandium market industry overview, North America is emerging as the largest segment owing to its expanding aerospace and defense industries that use large quantities of scandium in high-performance alloys. The region has an advanced technological infrastructure coupled with research and development activities concerning various applications of scandium. Moreover, the increasing consumption of scandium in SOFCs also helps the market growth, as the renewable creation of energy is increasing, majorly across the U.S. and Canada. Besides, supportive governmental policies toward research and development of rare earth minerals support the market growth. For instance, on 28 September 2023, NioCorp Developments Ltd. announced that it intends to make available an aluminum-scandium master alloy product (Al-Sc MA) in the US market. This initiative, stemming from its proposed mining and processing facilities at the Elk Creek Project, is contingent upon securing project financing and initiating mining operations. The introduction of this alloy is aimed at enabling commercial and defense manufacturers to substitute certain aluminum components in vehicles with scandium-enriched alternatives. These scandium-containing aluminum alloys are notable for their enhanced strength, resistance to corrosion, and weldability, offering considerable improvements in properties and potential for reducing weight, especially in transportation.

Competitive Landscape:

• The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the major market players in the scandium industry include Australian Mines Limited, Galileo Resources PLC, GFS Chemicals Inc., Hunan Oriental Scandium Co. Ltd., Lenntech B.V., Materion Corporation, Merck KGaA, Niocorp Developments Ltd., Platina Resources Limited, Scandium International Mining Corporation, Sumitomo Metal Mining Co. Ltd and Thermo Fisher Scientific Inc.

(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)

• At present, key players in the scandium market are actively employing strategies to bolster their market positions and tap into the growing demand for scandium-enhanced products. These strategies include expanding production capabilities, securing scandium resources through strategic partnerships, and investing in research and development to innovate new applications. For instance, companies are forming alliances with mining operations to ensure a stable and cost-effective supply of scandium. They are also focusing on developing proprietary technologies to extract and refine scandium more efficiently, reducing overall production costs and enhancing product quality. Moreover, market leaders are working closely with end-users in the aerospace, automotive, and electronics industries to tailor scandium alloys that meet specific performance requirements. These collaborative efforts not only secure long-term contracts but also open new avenues for scandium applications, driving both market growth and technological advancement.

Scandium Market News:

• 30 January 2024, NioCorp Developments Ltd. collaborated with Brunel University London. This collaboration will focus on developing new aluminum-scandium alloys and their applications, specifically targeting the automotive industry. Brunel University is renowned worldwide for its research on the use of cast aluminium alloys.
• 28 April 2023, Rio Tinto has finalized an agreement to purchase the Platina Scandium Project from Platina Resources Limited for $14 Million. This project, located near Condobolin in central New South Wales, features a scalable, high-grade scandium resource with the potential to produce about 40 tonnes of scandium oxide annually over an estimated 30 years. Additionally, Rio Tinto currently extracts scandium oxide from waste streams produced during titanium dioxide manufacturing in Sorel-Tracy, Quebec. The operationalization of the Platina scandium project would allow Rio Tinto to significantly increase its scandium output each year. This purchase is part of Rio Tinto's strategic initiative to expand its portfolio of materials critical for supporting the transition to a low-carbon economy.

Key Questions Answered in This Report

• 1. What was the size of the global scandium market in 2023?
• 2. What is the expected growth rate of the global scandium market during 2024-2032?
• 3. What are the key factors driving the global scandium market?
• 4. What has been the impact of COVID-19 on the global scandium market?
• 5. What is the breakup of the global scandium market based on the product type?
• 6. What is the breakup of the global scandium market based on the end use industry?
• 7. What are the key regions in the global scandium market?
• 8. Who are the key players/companies in the global scandium market?

Table of Contents

1 Preface

2 Scope and Methodology

• 2.1 Objectives of the Study
• 2.2 Stakeholders
• 2.3 Data Sources
  • 2.3.1 Primary Sources
  • 2.3.2 Secondary Sources
• 2.4 Market Estimation
  • 2.4.1 Bottom-Up Approach
  • 2.4.2 Top-Down Approach
• 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

• 4.1 Overview
• 4.2 Key Industry Trends

5 Global Scandium Market

• 5.1 Market Overview
• 5.2 Market Performance
• 5.3 Impact of COVID-19
• 5.4 Market Forecast

6 Market Breakup by Product Type

• 6.1 Oxide
  • 6.1.1 Market Trends
  • 6.1.2 Market Forecast
• 6.2 Fluoride
  • 6.2.1 Market Trends
  • 6.2.2 Market Forecast
• 6.3 Chloride
  • 6.3.1 Market Trends
  • 6.3.2 Market Forecast
• 6.4 Nitrate
  • 6.4.1 Market Trends
  • 6.4.2 Market Forecast
• 6.5 Iodide
  • 6.5.1 Market Trends
  • 6.5.2 Market Forecast
• 6.6 Alloy
  • 6.6.1 Market Trends
  • 6.6.2 Market Forecast
• 6.7 Others
  • 6.7.1 Market Trends
  • 6.7.2 Market Forecast

7 Market Breakup by Application

• 7.1 Aluminum-scandium Alloys
  • 7.1.1 Market Trends
  • 7.1.2 Market Forecast
• 7.2 High-intensity Metal Halide Lamps
  • 7.2.1 Market Trends
  • 7.2.2 Market Forecast
• 7.3 Lasers
  • 7.3.1 Market Trends
  • 7.3.2 Market Forecast
• 7.4 Solid Oxide Fuel Cells
  • 7.4.1 Market Trends
  • 7.4.2 Market Forecast

8 Market Breakup by End Use Industry

• 8.1 Aerospace and Defense
  • 8.1.1 Market Trends
  • 8.1.2 Market Forecast
• 8.2 Ceramics
  • 8.2.1 Market Trends
  • 8.2.2 Market Forecast
• 8.3 Lighting
  • 8.3.1 Market Trends
  • 8.3.2 Market Forecast
• 8.4 Electronics
  • 8.4.1 Market Trends
  • 8.4.2 Market Forecast
• 8.5 3D Printing
  • 8.5.1 Market Trends
  • 8.5.2 Market Forecast
• 8.6 Sporting Goods
  • 8.6.1 Market Trends
  • 8.6.2 Market Forecast
• 8.7 Others
  • 8.7.1 Market Trends
  • 8.7.2 Market Forecast

9 Market Breakup by Region

• 9.1 North America
  • 9.1.1 United States
    • 9.1.1.1 Market Trends
    • 9.1.1.2 Market Forecast
  • 9.1.2 Canada
    • 9.1.2.1 Market Trends
    • 9.1.2.2 Market Forecast
• 9.2 Asia-Pacific
  • 9.2.1 China
    • 9.2.1.1 Market Trends
    • 9.2.1.2 Market Forecast
  • 9.2.2 Japan
    • 9.2.2.1 Market Trends
    • 9.2.2.2 Market Forecast
  • 9.2.3 India
    • 9.2.3.1 Market Trends
    • 9.2.3.2 Market Forecast
  • 9.2.4 South Korea
    • 9.2.4.1 Market Trends
    • 9.2.4.2 Market Forecast
  • 9.2.5 Australia
    • 9.2.5.1 Market Trends
    • 9.2.5.2 Market Forecast
  • 9.2.6 Indonesia
    • 9.2.6.1 Market Trends
    • 9.2.6.2 Market Forecast
  • 9.2.7 Others
    • 9.2.7.1 Market Trends
    • 9.2.7.2 Market Forecast
• 9.3 Europe
  • 9.3.1 Germany
    • 9.3.1.1 Market Trends
    • 9.3.1.2 Market Forecast
  • 9.3.2 France
    • 9.3.2.1 Market Trends
    • 9.3.2.2 Market Forecast
  • 9.3.3 United Kingdom
    • 9.3.3.1 Market Trends
    • 9.3.3.2 Market Forecast
  • 9.3.4 Italy
    • 9.3.4.1 Market Trends
    • 9.3.4.2 Market Forecast
  • 9.3.5 Spain
    • 9.3.5.1 Market Trends
    • 9.3.5.2 Market Forecast
  • 9.3.6 Russia
    • 9.3.6.1 Market Trends
    • 9.3.6.2 Market Forecast
  • 9.3.7 Others
    • 9.3.7.1 Market Trends
    • 9.3.7.2 Market Forecast
• 9.4 Latin America
  • 9.4.1 Brazil
    • 9.4.1.1 Market Trends
    • 9.4.1.2 Market Forecast
  • 9.4.2 Mexico
    • 9.4.2.1 Market Trends
    • 9.4.2.2 Market Forecast
  • 9.4.3 Others
    • 9.4.3.1 Market Trends
    • 9.4.3.2 Market Forecast
• 9.5 Middle East and Africa
  • 9.5.1 Market Trends
  • 9.5.2 Market Breakup by Country
  • 9.5.3 Market Forecast

10 SWOT Analysis

• 10.1 Overview
• 10.2 Strengths
• 10.3 Weaknesses
• 10.4 Opportunities
• 10.5 Threats

11 Value Chain Analysis

12 Porters Five Forces Analysis

• 12.1 Overview
• 12.2 Bargaining Power of Buyers
• 12.3 Bargaining Power of Suppliers
• 12.4 Degree of Competition
• 12.5 Threat of New Entrants
• 12.6 Threat of Substitutes

13 Price Analysis

14 Competitive Landscape

• 14.1 Market Structure
• 14.2 Key Players
• 14.3 Profiles of Key Players
  • 14.3.1 Australian Mines Limited
    • 14.3.1.1 Company Overview
    • 14.3.1.2 Product Portfolio
    • 14.3.1.3 Financials
  • 14.3.2 Galileo Resources PLC
    • 14.3.2.1 Company Overview
    • 14.3.2.2 Product Portfolio
    • 14.3.2.3 Financials
  • 14.3.3 GFS Chemicals Inc.
    • 14.3.3.1 Company Overview
    • 14.3.3.2 Product Portfolio
  • 14.3.4 Hunan Oriental Scandium Co. Ltd.
    • 14.3.4.1 Company Overview
    • 14.3.4.2 Product Portfolio
  • 14.3.5 Lenntech B.V.
    • 14.3.5.1 Company Overview
    • 14.3.5.2 Product Portfolio
  • 14.3.6 Materion Corporation
    • 14.3.6.1 Company Overview
    • 14.3.6.2 Product Portfolio
    • 14.3.6.3 Financials
    • 14.3.6.4 SWOT Analysis
  • 14.3.7 Merck KGaA
    • 14.3.7.1 Company Overview
    • 14.3.7.2 Product Portfolio
    • 14.3.7.3 Financials
    • 14.3.7.4 SWOT Analysis
  • 14.3.8 Niocorp Developments Ltd.
    • 14.3.8.1 Company Overview
    • 14.3.8.2 Product Portfolio
    • 14.3.8.3 Financials
  • 14.3.9 Platina Resources Limited
    • 14.3.9.1 Company Overview
    • 14.3.9.2 Product Portfolio
    • 14.3.9.3 Financials
  • 14.3.10 Scandium International Mining Corporation
    • 14.3.10.1 Company Overview
    • 14.3.10.2 Product Portfolio
    • 14.3.10.3 Financials
  • 14.3.11 Sumitomo Metal Mining Co. Ltd
    • 14.3.11.1 Company Overview
    • 14.3.11.2 Product Portfolio
    • 14.3.11.3 Financials
    • 14.3.11.4 SWOT Analysis
  • 14.3.12 Thermo Fisher Scientific Inc.
    • 14.3.12.1 Company Overview
    • 14.3.12.2 Product Portfolio
    • 14.3.12.3 Financials
    • 14.3.12.4 SWOT Analysis

List of Figures

• Figure 1: Global: Scandium Market: Major Drivers and Challenges
• Figure 2: Global: Scandium Market: Sales Value (in Million US$), 2018-2023
• Figure 3: Global: Scandium Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 4: Global: Scandium Market: Breakup by Product Type (in %), 2023
• Figure 5: Global: Scandium Market: Breakup by Application (in %), 2023
• Figure 6: Global: Scandium Market: Breakup by End Use Industry (in %), 2023
• Figure 7: Global: Scandium Market: Breakup by Region (in %), 2023
• Figure 8: Global: Scandium (Oxide) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 9: Global: Scandium (Oxide) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 10: Global: Scandium (Fluoride) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 11: Global: Scandium (Fluoride) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 12: Global: Scandium (Chloride) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 13: Global: Scandium (Chloride) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 14: Global: Scandium (Nitrate) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 15: Global: Scandium (Nitrate) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 16: Global: Scandium (Iodide) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 17: Global: Scandium (Iodide) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 18: Global: Scandium (Alloy) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 19: Global: Scandium (Alloy) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 20: Global: Scandium (Other Product Types) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 21: Global: Scandium (Other Product Types) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 22: Global: Scandium (Aluminum-scandium Alloys) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 23: Global: Scandium (Aluminum-scandium Alloys) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 24: Global: Scandium (High-intensity Metal Halide Lamps) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 25: Global: Scandium (High-intensity Metal Halide Lamps) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 26: Global: Scandium (Lasers) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 27: Global: Scandium (Lasers) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 28: Global: Scandium (Solid Oxide Fuel Cells) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 29: Global: Scandium (Solid Oxide Fuel Cells) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 30: Global: Scandium (Aerospace and Defense) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 31: Global: Scandium (Aerospace and Defense) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 32: Global: Scandium (Ceramics) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 33: Global: Scandium (Ceramics) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 34: Global: Scandium (Lighting) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 35: Global: Scandium (Lighting) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 36: Global: Scandium (Electronics) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 37: Global: Scandium (Electronics) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 38: Global: Scandium (3D Printing) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 39: Global: Scandium (3D Printing) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 40: Global: Scandium (Sporting Goods) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 41: Global: Scandium (Sporting Goods) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 42: Global: Scandium (Other End Use Industries) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 43: Global: Scandium (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 44: North America: Scandium Market: Sales Value (in Million US$), 2018 & 2023
• Figure 45: North America: Scandium Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 46: United States: Scandium Market: Sales Value (in Million US$), 2018 & 2023
• Figure 47: United States: Scandium Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 48: Canada: Scandium Market: Sales Value (in Million US$), 2018 & 2023
• Figure 49: Canada: Scandium Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 50: Asia-Pacific: Scandium Market: Sales Value (in Million US$), 2018 & 2023
• Figure 51: Asia-Pacific: Scandium Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 52: China: Scandium Market: Sales Value (in Million US$), 2018 & 2023
• Figure 53: China: Scandium Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 54: Japan: Scandium Market: Sales Value (in Million US$), 2018 & 2023
• Figure 55: Japan: Scandium Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 56: India: Scandium Market: Sales Value (in Million US$), 2018 & 2023
• Figure 57: India: Scandium Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 58: South Korea: Scandium Market: Sales Value (in Million US$), 2018 & 2023
• Figure 59: South Korea: Scandium Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 60: Australia: Scandium Market: Sales Value (in Million US$), 2018 & 2023
• Figure 61: Australia: Scandium Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 62: Indonesia: Scandium Market: Sales Value (in Million US$), 2018 & 2023
• Figure 63: Indonesia: Scandium Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 64: Others: Scandium Market: Sales Value (in Million US$), 2018 & 2023
• Figure 65: Others: Scandium Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 66: Europe: Scandium Market: Sales Value (in Million US$), 2018 & 2023
• Figure 67: Europe: Scandium Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 68: Germany: Scandium Market: Sales Value (in Million US$), 2018 & 2023
• Figure 69: Germany: Scandium Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 70: France: Scandium Market: Sales Value (in Million US$), 2018 & 2023
• Figure 71: France: Scandium Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 72: United Kingdom: Scandium Market: Sales Value (in Million US$), 2018 & 2023
• Figure 73: United Kingdom: Scandium Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 74: Italy: Scandium Market: Sales Value (in Million US$), 2018 & 2023
• Figure 75: Italy: Scandium Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 76: Spain: Scandium Market: Sales Value (in Million US$), 2018 & 2023
• Figure 77: Spain: Scandium Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 78: Russia: Scandium Market: Sales Value (in Million US$), 2018 & 2023
• Figure 79: Russia: Scandium Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 80: Others: Scandium Market: Sales Value (in Million US$), 2018 & 2023
• Figure 81: Others: Scandium Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 82: Latin America: Scandium Market: Sales Value (in Million US$), 2018 & 2023
• Figure 83: Latin America: Scandium Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 84: Brazil: Scandium Market: Sales Value (in Million US$), 2018 & 2023
• Figure 85: Brazil: Scandium Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 86: Mexico: Scandium Market: Sales Value (in Million US$), 2018 & 2023
• Figure 87: Mexico: Scandium Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 88: Others: Scandium Market: Sales Value (in Million US$), 2018 & 2023
• Figure 89: Others: Scandium Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 90: Middle East and Africa: Scandium Market: Sales Value (in Million US$), 2018 & 2023
• Figure 91: Middle East and Africa: Scandium Market: Breakup by Country (in %), 2023
• Figure 92: Middle East and Africa: Scandium Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 93: Global: Scandium Industry: SWOT Analysis
• Figure 94: Global: Scandium Industry: Value Chain Analysis
• Figure 95: Global: Scandium Industry: Porter's Five Forces Analysis

List of Tables

• Table 1: Global: Scandium Market: Key Industry Highlights, 2023 and 2032
• Table 2: Global: Scandium Market Forecast: Breakup by Product Type (in Million US$), 2024-2032
• Table 3: Global: Scandium Market Forecast: Breakup by Application (in Million US$), 2024-2032
• Table 4: Global: Scandium Market Forecast: Breakup by End Use Industry (in Million US$), 2024-2032
• Table 5: Global: Scandium Market Forecast: Breakup by Region (in Million US$), 2024-2032
• Table 6: Global: Scandium Market: Competitive Structure
• Table 7: Global: Scandium Market: Key Players