
Global High Purity Scandium Metal Market Growth 2025-2031
Description
The global High Purity Scandium Metal market size is predicted to grow from US$ 57.7 million in 2025 to US$ 75.4 million in 2031; it is expected to grow at a CAGR of 4.6% from 2025 to 2031.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
Scandium is a lightweight transition metal with low density and good ductility. High-purity metal scandium is usually prepared by vacuum distillation or electrolysis. These methods can effectively remove impurities and improve the purity of scandium. With the advancement of metal purification technology, the purity of high-purity metals used in various high-end fields has gradually transitioned from 4N to 5N and 6N, and some application fields have even reached 7N (such as electronic semiconductors). The purity determines the performance of the application process. The higher the purity, the lower the impurities, and the higher the performance of the material.
At present, high-purity scandium metal enterprises are mainly distributed in Russia, China and other countries. The leading core enterprises include Rusal, Hunan Rare Earth Metal Materials Research Institute Co., Ltd, Hunan Oriental Scandium Co., Ltd, Grinm, Platina Resources Ltd, etc. The market share of the top 5 enterprises exceeds 70%, and the scale of other enterprises is relatively small.
The current restrictions on the high-purity scandium metal market are mainly price, technical barriers, and supply restrictions.
In terms of technology, the core is purification technology, waste recycling technology, etc. It is difficult to recycle scandium metal from waste, and there are certain restrictions on purity. Supply restrictions are mainly export controls. Some countries include high-purity materials in the export restriction list, which restricts the outflow of technology on the one hand and promotes the development of the local industrial chain on the other.
LP Information, Inc. (LPI) ' newest research report, the “High Purity Scandium Metal Industry Forecast” looks at past sales and reviews total world High Purity Scandium Metal sales in 2024, providing a comprehensive analysis by region and market sector of projected High Purity Scandium Metal sales for 2025 through 2031. With High Purity Scandium Metal sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world High Purity Scandium Metal industry.
This Insight Report provides a comprehensive analysis of the global High Purity Scandium Metal 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 High Purity Scandium Metal portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global High Purity Scandium Metal market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for High Purity Scandium Metal 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 High Purity Scandium Metal.
This report presents a comprehensive overview, market shares, and growth opportunities of High Purity Scandium Metal market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
3N
4N
5N
Others
Segmentation by Application:
Electronic & Semiconductors
Metallurgy
Chemicals
Others
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
Hunan Rare Earth Metal Materials Research Institute Co., Ltd
Hunan Dongfang Scandium Industry Co., Ltd
Platina Resources
Scandium International Mining Corp
Grinm
Shanghai Sheeny Metal Materials
HuiZhou Top Metal Material Co.,Ltd
Sumitomo Metal Mining (SMM)
MCC
Key Questions Addressed in this Report
What is the 10-year outlook for the global High Purity Scandium Metal market?
What factors are driving High Purity Scandium Metal market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do High Purity Scandium Metal market opportunities vary by end market size?
How does High Purity Scandium Metal break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
Scandium is a lightweight transition metal with low density and good ductility. High-purity metal scandium is usually prepared by vacuum distillation or electrolysis. These methods can effectively remove impurities and improve the purity of scandium. With the advancement of metal purification technology, the purity of high-purity metals used in various high-end fields has gradually transitioned from 4N to 5N and 6N, and some application fields have even reached 7N (such as electronic semiconductors). The purity determines the performance of the application process. The higher the purity, the lower the impurities, and the higher the performance of the material.
At present, high-purity scandium metal enterprises are mainly distributed in Russia, China and other countries. The leading core enterprises include Rusal, Hunan Rare Earth Metal Materials Research Institute Co., Ltd, Hunan Oriental Scandium Co., Ltd, Grinm, Platina Resources Ltd, etc. The market share of the top 5 enterprises exceeds 70%, and the scale of other enterprises is relatively small.
The current restrictions on the high-purity scandium metal market are mainly price, technical barriers, and supply restrictions.
In terms of technology, the core is purification technology, waste recycling technology, etc. It is difficult to recycle scandium metal from waste, and there are certain restrictions on purity. Supply restrictions are mainly export controls. Some countries include high-purity materials in the export restriction list, which restricts the outflow of technology on the one hand and promotes the development of the local industrial chain on the other.
LP Information, Inc. (LPI) ' newest research report, the “High Purity Scandium Metal Industry Forecast” looks at past sales and reviews total world High Purity Scandium Metal sales in 2024, providing a comprehensive analysis by region and market sector of projected High Purity Scandium Metal sales for 2025 through 2031. With High Purity Scandium Metal sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world High Purity Scandium Metal industry.
This Insight Report provides a comprehensive analysis of the global High Purity Scandium Metal 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 High Purity Scandium Metal portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global High Purity Scandium Metal market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for High Purity Scandium Metal 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 High Purity Scandium Metal.
This report presents a comprehensive overview, market shares, and growth opportunities of High Purity Scandium Metal market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
3N
4N
5N
Others
Segmentation by Application:
Electronic & Semiconductors
Metallurgy
Chemicals
Others
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
Hunan Rare Earth Metal Materials Research Institute Co., Ltd
Hunan Dongfang Scandium Industry Co., Ltd
Platina Resources
Scandium International Mining Corp
Grinm
Shanghai Sheeny Metal Materials
HuiZhou Top Metal Material Co.,Ltd
Sumitomo Metal Mining (SMM)
MCC
Key Questions Addressed in this Report
What is the 10-year outlook for the global High Purity Scandium Metal market?
What factors are driving High Purity Scandium Metal market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do High Purity Scandium Metal market opportunities vary by end market size?
How does High Purity Scandium Metal break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
95 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for High Purity Scandium Metal by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for High Purity Scandium Metal by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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