[English Market Research Report] The Market for Scandium
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The scandium market size was valued at 230.26 million USD in 2023 and is projected to reach 1.66013 billion USD by 2031, with a CAGR of 28.0% from 2023 to 2031. Scandium is known for its ability to provide high strength, lightweight, and corrosion resistance to end products, making it a valuable alloying agent. These unique properties primarily drive the demand for scandium as an alloying agent. The aerospace and automotive industries are the main consumers, and scandium-enhanced aluminum alloys exhibit a combination of strength, lightweight, and corrosion resistance.
- Company:グローバルインフォメーション
- Price:500,000 yen-1 million yen