GLOBAL ALUMINIUM-SCANDIUM MARKET 2024 BY MANUFACTURERS, REGIONS, TYPE AND APPLICATION, FORECAST TO 2030

Jan 2024 112

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Synopsis

According to our (Global Info Research) latest study, the global Aluminium-Scandium market size was valued at USD 80 million in 2023 and is forecast to a readjusted size of USD 120.9 million by 2030 with a CAGR of 6.0% during review period.
The chemical composition of the aluminium-scandium master-alloy is 2% scandium and the balance is 99.7% aluminium. The master alloy is used to add scandium to Al-Mg-Zr containing alloys, which are used in the form of sheet and plate. These sheets and plates are mainly used by aircraft manufactures. The scandium content in the aluminium sheet and plate varies from 0.2-0.4% scandium.
Aluminium scandium containing alloys combine high strength, ductility, weld-ability, improved corrosion resistance and a lower density (as a result of the magnesium in the alloy). The combination of all these properties makes aluminium-scandium containing alloys extremely suitable for aerospace industry.
Global MAluminium-Scandium key players include RUSAL, Intermix-met, KBM Master Alloys, Stanford Advanced Materials, etc. Global top four manufacturers hold a share over 50%.
China is the largest market, with a share over 35%, followed by China, and North America, both have a share about 50 percent.
In terms of product, Al-Sc 2% Alloy is the largest segment, with a share over 90%. And in terms of application, the largest application is Defense & Aerospace, followed by Transportation, Consumer Goods , etc.
The Global Info Research report includes an overview of the development of the Aluminium-Scandium industry chain, the market status of Defense and Aerospace (Al-Sc 2% Alloy, Others), Transportation (Al-Sc 2% Alloy, Others), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Aluminium-Scandium.
Regionally, the report analyzes the Aluminium-Scandium markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Aluminium-Scandium market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:
The report presents comprehensive understanding of the Aluminium-Scandium market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Aluminium-Scandium industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (MT), revenue generated, and market share of different by Type (e.g., Al-Sc 2% Alloy, Others).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Aluminium-Scandium market.
Regional Analysis: The report involves examining the Aluminium-Scandium market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Aluminium-Scandium market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Aluminium-Scandium:
Company Analysis: Report covers individual Aluminium-Scandium manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Aluminium-Scandium This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Defense and Aerospace, Transportation).
Technology Analysis: Report covers specific technologies relevant to Aluminium-Scandium. It assesses the current state, advancements, and potential future developments in Aluminium-Scandium areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Aluminium-Scandium market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation
Aluminium-Scandium market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
- Al-Sc 2% Alloy
- Others

Market segment by Application
- Defense and Aerospace
- Transportation
- Consumer Goods
- Other

Major players covered
- RUSAL
- Intermix-met
- KBM Master Alloys
- Stanford Advanced Materials
- HNRE
- Hunan Oriental Scandium
- Guangxi Maoxin
- AMG Aluminum
- Codos
- TOPM
- Shanghai Diyang

Market segment by region, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Aluminium-Scandium product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Aluminium-Scandium, with price, sales, revenue and global market share of Aluminium-Scandium from 2019 to 2024.
Chapter 3, the Aluminium-Scandium competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Aluminium-Scandium breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Aluminium-Scandium market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Aluminium-Scandium.
Chapter 14 and 15, to describe Aluminium-Scandium sales channel, distributors, customers, research findings and conclusion.

Table of Contents

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GLOBAL ALUMINIUM-SCANDIUM MARKET 2024 BY MANUFACTURERS, REGIONS, TYPE AND APPLICATION, FORECAST TO 2030

Global Info Research

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