Global Scandium Market Growth 2025-2031

Global Scandium Market Growth 2025-2031

The global Scandium market size is predicted to grow from US$ 194 million in 2025 to US$ 402 million in 2031; it is expected to grow at a CAGR of 13.0% from 2025 to 2031.

United States market for Scandium is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Scandium is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Scandium is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Scandium players cover Rusal, Stanford Materials Corp., Metallica Minerals, Platina Resources Ltd., Scandium International Mining Corp., etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LP Information, Inc. (LPI) ' newest research report, the “Scandium Industry Forecast” looks at past sales and reviews total world Scandium sales in 2024, providing a comprehensive analysis by region and market sector of projected Scandium sales for 2025 through 2031. With Scandium sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Scandium industry.

This Insight Report provides a comprehensive analysis of the global Scandium landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Scandium portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Scandium market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Scandium and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Scandium.

This report presents a comprehensive overview, market shares, and growth opportunities of Scandium market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Alloy
Metal
Compounds

Segmentation by Application:
Aluminum-scandium Alloys
High-intensity Metal Halide Lamps
Lasers
SOFCs

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Rusal
Stanford Materials Corp.
Metallica Minerals
Platina Resources Ltd.
Scandium International Mining Corp.
DNI Metals Inc.
Great Western Minerals Group
Intermix-met
CODOS
Hunan Oriental Scandium Co. Ltd.
Huizhou Top Metal Materials Co., Ltd (TOPM)
CNMC Pgma (Guangxi)
Ganzhou Kemingrui

Key Questions Addressed in this Report

What is the 10-year outlook for the global Scandium market?

What factors are driving Scandium market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Scandium market opportunities vary by end market size?

How does Scandium break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.