The Market Reports

Synopsis
The global market for High Purity Scandium Metal was estimated to be worth US$ 56 million in 2024 and is forecast to a readjusted size of US$ 76.4 million by 2031 with a CAGR of 4.4% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on High Purity Scandium Metal cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
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.
This report aims to provide a comprehensive presentation of the global market for High Purity Scandium Metal, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of High Purity Scandium Metal by region & country, by Type, and by Application.
The High Purity Scandium Metal market size, estimations, and forecasts are provided in terms of sales volume (Kgs) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. 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 High Purity Scandium Metal.
Market Segmentation
By Company
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
Segment by Type
3N
4N
5N
Others
Segment by Application
Electronic & Semiconductors
Metallurgy
Chemicals
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides 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 2: Detailed analysis of High Purity Scandium Metal manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: 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 4: 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 5: Sales, revenue of High Purity Scandium Metal in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of High Purity Scandium Metal in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Index