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Global Aluminium-Scandium Market Research Report 2024
Synopsis
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.
The global Aluminium-Scandium market was valued at US$ 78 million in 2023 and is anticipated to reach US$ 120.2 million by 2030, witnessing a CAGR of 6.3% during the forecast period 2024-2030.
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.
This report aims to provide a comprehensive presentation of the global market for Aluminium-Scandium, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Aluminium-Scandium.
Report Scope
The Aluminium-Scandium market size, estimations, and forecasts are provided in terms of output/shipments (MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Aluminium-Scandium market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Aluminium-Scandium manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
RUSAL
Intermix-met
KBM Master Alloys
Stanford Advanced Materials
HNRE
Hunan Oriental Scandium
Guangxi Maoxin
AMG Aluminum
Codos
TOPM
Shanghai Diyang
Segment by Type
Al-Sc 2% Alloy
Others
Segment by Application
Defense and Aerospace
Transportation
Consumer Goods
Other
Production by Region
North America
Europe
China
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Aluminium-Scandium manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Aluminium-Scandium by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Aluminium-Scandium in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
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.
The global Aluminium-Scandium market was valued at US$ 78 million in 2023 and is anticipated to reach US$ 120.2 million by 2030, witnessing a CAGR of 6.3% during the forecast period 2024-2030.
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.
This report aims to provide a comprehensive presentation of the global market for Aluminium-Scandium, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Aluminium-Scandium.
Report Scope
The Aluminium-Scandium market size, estimations, and forecasts are provided in terms of output/shipments (MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Aluminium-Scandium market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Aluminium-Scandium manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
RUSAL
Intermix-met
KBM Master Alloys
Stanford Advanced Materials
HNRE
Hunan Oriental Scandium
Guangxi Maoxin
AMG Aluminum
Codos
TOPM
Shanghai Diyang
Segment by Type
Al-Sc 2% Alloy
Others
Segment by Application
Defense and Aerospace
Transportation
Consumer Goods
Other
Production by Region
North America
Europe
China
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Aluminium-Scandium manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Aluminium-Scandium by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Aluminium-Scandium in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Aluminium-Scandium Market Overview
1.1 Product Definition
1.2 Aluminium-Scandium Segment by Type
1.2.1 Global Aluminium-Scandium Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Al-Sc 2% Alloy
1.2.3 Others
1.3 Aluminium-Scandium Segment by Application
1.3.1 Global Aluminium-Scandium Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Defense and Aerospace
1.3.3 Transportation
1.3.4 Consumer Goods
1.3.5 Other
1.4 Global Market Growth Prospects
1.4.1 Global Aluminium-Scandium Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Aluminium-Scandium Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Aluminium-Scandium Production Estimates and Forecasts (2019-2030)
1.4.4 Global Aluminium-Scandium Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Aluminium-Scandium Production Market Share by Manufacturers (2019-2024)
2.2 Global Aluminium-Scandium Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Aluminium-Scandium, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Aluminium-Scandium Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Aluminium-Scandium Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Aluminium-Scandium, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Aluminium-Scandium, Product Offered and Application
2.8 Global Key Manufacturers of Aluminium-Scandium, Date of Enter into This Industry
2.9 Aluminium-Scandium Market Competitive Situation and Trends
2.9.1 Aluminium-Scandium Market Concentration Rate
2.9.2 Global 5 and 10 Largest Aluminium-Scandium Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Aluminium-Scandium Production by Region
3.1 Global Aluminium-Scandium Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Aluminium-Scandium Production Value by Region (2019-2030)
3.2.1 Global Aluminium-Scandium Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Aluminium-Scandium by Region (2025-2030)
3.3 Global Aluminium-Scandium Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Aluminium-Scandium Production by Region (2019-2030)
3.4.1 Global Aluminium-Scandium Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Aluminium-Scandium by Region (2025-2030)
3.5 Global Aluminium-Scandium Market Price Analysis by Region (2019-2024)
3.6 Global Aluminium-Scandium Production and Value, Year-over-Year Growth
3.6.1 North America Aluminium-Scandium Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Aluminium-Scandium Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Aluminium-Scandium Production Value Estimates and Forecasts (2019-2030)
4 Aluminium-Scandium Consumption by Region
4.1 Global Aluminium-Scandium Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Aluminium-Scandium Consumption by Region (2019-2030)
4.2.1 Global Aluminium-Scandium Consumption by Region (2019-2024)
4.2.2 Global Aluminium-Scandium Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Aluminium-Scandium Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Aluminium-Scandium Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Aluminium-Scandium Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Aluminium-Scandium Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Aluminium-Scandium Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Aluminium-Scandium Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Aluminium-Scandium Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Aluminium-Scandium Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Aluminium-Scandium Production by Type (2019-2030)
5.1.1 Global Aluminium-Scandium Production by Type (2019-2024)
5.1.2 Global Aluminium-Scandium Production by Type (2025-2030)
5.1.3 Global Aluminium-Scandium Production Market Share by Type (2019-2030)
5.2 Global Aluminium-Scandium Production Value by Type (2019-2030)
5.2.1 Global Aluminium-Scandium Production Value by Type (2019-2024)
5.2.2 Global Aluminium-Scandium Production Value by Type (2025-2030)
5.2.3 Global Aluminium-Scandium Production Value Market Share by Type (2019-2030)
5.3 Global Aluminium-Scandium Price by Type (2019-2030)
6 Segment by Application
6.1 Global Aluminium-Scandium Production by Application (2019-2030)
6.1.1 Global Aluminium-Scandium Production by Application (2019-2024)
6.1.2 Global Aluminium-Scandium Production by Application (2025-2030)
6.1.3 Global Aluminium-Scandium Production Market Share by Application (2019-2030)
6.2 Global Aluminium-Scandium Production Value by Application (2019-2030)
6.2.1 Global Aluminium-Scandium Production Value by Application (2019-2024)
6.2.2 Global Aluminium-Scandium Production Value by Application (2025-2030)
6.2.3 Global Aluminium-Scandium Production Value Market Share by Application (2019-2030)
6.3 Global Aluminium-Scandium Price by Application (2019-2030)
7 Key Companies Profiled
7.1 RUSAL
7.1.1 RUSAL Aluminium-Scandium Corporation Information
7.1.2 RUSAL Aluminium-Scandium Product Portfolio
7.1.3 RUSAL Aluminium-Scandium Production, Value, Price and Gross Margin (2019-2024)
7.1.4 RUSAL Main Business and Markets Served
7.1.5 RUSAL Recent Developments/Updates
7.2 Intermix-met
7.2.1 Intermix-met Aluminium-Scandium Corporation Information
7.2.2 Intermix-met Aluminium-Scandium Product Portfolio
7.2.3 Intermix-met Aluminium-Scandium Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Intermix-met Main Business and Markets Served
7.2.5 Intermix-met Recent Developments/Updates
7.3 KBM Master Alloys
7.3.1 KBM Master Alloys Aluminium-Scandium Corporation Information
7.3.2 KBM Master Alloys Aluminium-Scandium Product Portfolio
7.3.3 KBM Master Alloys Aluminium-Scandium Production, Value, Price and Gross Margin (2019-2024)
7.3.4 KBM Master Alloys Main Business and Markets Served
7.3.5 KBM Master Alloys Recent Developments/Updates
7.4 Stanford Advanced Materials
7.4.1 Stanford Advanced Materials Aluminium-Scandium Corporation Information
7.4.2 Stanford Advanced Materials Aluminium-Scandium Product Portfolio
7.4.3 Stanford Advanced Materials Aluminium-Scandium Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Stanford Advanced Materials Main Business and Markets Served
7.4.5 Stanford Advanced Materials Recent Developments/Updates
7.5 HNRE
7.5.1 HNRE Aluminium-Scandium Corporation Information
7.5.2 HNRE Aluminium-Scandium Product Portfolio
7.5.3 HNRE Aluminium-Scandium Production, Value, Price and Gross Margin (2019-2024)
7.5.4 HNRE Main Business and Markets Served
7.5.5 HNRE Recent Developments/Updates
7.6 Hunan Oriental Scandium
7.6.1 Hunan Oriental Scandium Aluminium-Scandium Corporation Information
7.6.2 Hunan Oriental Scandium Aluminium-Scandium Product Portfolio
7.6.3 Hunan Oriental Scandium Aluminium-Scandium Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Hunan Oriental Scandium Main Business and Markets Served
7.6.5 Hunan Oriental Scandium Recent Developments/Updates
7.7 Guangxi Maoxin
7.7.1 Guangxi Maoxin Aluminium-Scandium Corporation Information
7.7.2 Guangxi Maoxin Aluminium-Scandium Product Portfolio
7.7.3 Guangxi Maoxin Aluminium-Scandium Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Guangxi Maoxin Main Business and Markets Served
7.7.5 Guangxi Maoxin Recent Developments/Updates
7.8 AMG Aluminum
7.8.1 AMG Aluminum Aluminium-Scandium Corporation Information
7.8.2 AMG Aluminum Aluminium-Scandium Product Portfolio
7.8.3 AMG Aluminum Aluminium-Scandium Production, Value, Price and Gross Margin (2019-2024)
7.8.4 AMG Aluminum Main Business and Markets Served
7.7.5 AMG Aluminum Recent Developments/Updates
7.9 Codos
7.9.1 Codos Aluminium-Scandium Corporation Information
7.9.2 Codos Aluminium-Scandium Product Portfolio
7.9.3 Codos Aluminium-Scandium Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Codos Main Business and Markets Served
7.9.5 Codos Recent Developments/Updates
7.10 TOPM
7.10.1 TOPM Aluminium-Scandium Corporation Information
7.10.2 TOPM Aluminium-Scandium Product Portfolio
7.10.3 TOPM Aluminium-Scandium Production, Value, Price and Gross Margin (2019-2024)
7.10.4 TOPM Main Business and Markets Served
7.10.5 TOPM Recent Developments/Updates
7.11 Shanghai Diyang
7.11.1 Shanghai Diyang Aluminium-Scandium Corporation Information
7.11.2 Shanghai Diyang Aluminium-Scandium Product Portfolio
7.11.3 Shanghai Diyang Aluminium-Scandium Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Shanghai Diyang Main Business and Markets Served
7.11.5 Shanghai Diyang Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Aluminium-Scandium Industry Chain Analysis
8.2 Aluminium-Scandium Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Aluminium-Scandium Production Mode & Process
8.4 Aluminium-Scandium Sales and Marketing
8.4.1 Aluminium-Scandium Sales Channels
8.4.2 Aluminium-Scandium Distributors
8.5 Aluminium-Scandium Customers
9 Aluminium-Scandium Market Dynamics
9.1 Aluminium-Scandium Industry Trends
9.2 Aluminium-Scandium Market Drivers
9.3 Aluminium-Scandium Market Challenges
9.4 Aluminium-Scandium Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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