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Aluminium-Scandium Market | Strategic Industry Evolutionary Analysis Focus on Leading Key Players and Revenue Growth Analysis by Forecast To 2030

 

2021 Report Published via, Supply demand Market ResearchThe Aluminium-Scandium Market Report covers product types, production with their market size, regionally Analysis and Revenue growth. In-depth competitive landscape for each player and market share is given in the report along with geographic analysis for the Aluminium-Scandium Market. This Report is witnessing a dynamic growth mostly in all the geographies mention in this report.

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The global Aluminium-Scandium market was valued at 69.79 Million USD in 2020 and will grow with a CAGR of 6.45% from 2020 to 2027, based on SDMR newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

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. RUSAL was the world`s biggest manufacturer in the Aluminium-Scandium industry, accounted for 22% revenue market share of the global market, followed by Intermix-met, KBM Master Alloys, Stanford Advanced Materials, HNRE, Hunan Oriental Scandium, Guangxi Maoxin, AMG Aluminum, Codos, TOPM, Shanghai Diyang.The top 5 companies had a combined market share of 63% of the global total.Europe was the largest consumption area in the world in 2018.

By Market Verdors:

RUSAL

Intermix-met

KBM Master Alloys

Stanford Advanced Materials

HNRE

Hunan Oriental Scandium

Guangxi Maoxin

AMG Aluminum

Codos

TOPM

Shanghai Diyang

By Types:

Al-Sc 2% Alloy

By Applications:

Defense & Aerospace

Transportation

Consumer Goods

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.

Assess the production processes, major issues, and solutions to mitigate the development risk.

To understand the most affecting driving and restraining forces in the market and its impact in the global market.

Learn about the market strategies that are being adopted by leading respective organizations.

To understand the future outlook and prospects for the market.

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The Aluminium-Scandium Market report has been compiled by the best subject matter experts and market research professionals to ensure that the data in the report is obtained from the most authentic sources and the forecast is of the highest accuracy

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Aluminium-Scandium Market

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