Aluminium-Scandium Market analysis report contains all study material about Market Overview, Growth, Demand and Forecast Research in all over the world. This report offers some penetrating overview and solution in the complex world of Aluminium-Scandium Market.
Aluminium-Scandium Market Production, Supply, Sales, and Demand Research Report is a systematically conducted exhaustive study of the Aluminium-Scandium market. The aim of the Aluminium-Scandium Industry report is to assist the novice as well as seeded players in gaining astute business intelligence and make apt decisions based on it.
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.
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The analysis in the Aluminium-Scandium Market report is of a two-fold perspective, production, and sales. This commercial study encompasses the detailed investigation of production, supply, sales, demand, price, cost, income and revenue on Aluminium-Scandium Industry in Major Regions.
Aluminium-Scandium Market Overview: –
The market of Aluminium-Scandium is concentrated. Of the 2017 global market, the top 11 companies, all multinational, account for about 82.64% of sales. RUSAL is by far the leader, with nearly 24.74% of the market. As major suppliers are seeking to expand global presence, the market concentration is estimated to increase in the coming 5 years.Production of Scandium and Aluminium-Scandium is mainly concentrated in Europe and China. Russia is the main production area especially. For consumption market, it is estimated North America, Europe, China and Japan are key market, with combined market share reached to 95.47% in 2017.Scandium acts as a grain-refiner and hardener of aluminum alloys. Aluminum-scandium alloys combine high strength, ductility, weldability, improved corrosion resistance and a lower density. The combination of all these properties makes aluminum-scandium alloys well-suited for the aerospace, automotive and defense industries. Defense & Aerospace takes 82.71% share of 2017 alloy market. Applications of aluminum-scandium alloys include consumer products such as baseball bats, golf club heads and high-end bicycle wheel rims. However, the price of Al-Sc master alloys is still too high for most commercial applications.The worldwide market for Aluminium-Scandium is expected to grow at a CAGR of roughly 7.3% over the next five years, will reach 110 million US$ in 2024, from 70 million US$ in 2019, according to a new GIR (Global Info Research) study.This report focuses on the Aluminium-Scandium in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
The report analyses the entire production and supply chain of the industry and provides information as per different phases. Whereas, on the basis of sales, data related to sales volume, sales price, cost, sales income, and profit margin, etc. of Aluminium-Scandium Market used in different fields, sold in different regions and by different companies is provided in this report.
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Major Key Players are Analysed in the Aluminium-Scandium Market Report such as:
- KBM Master Alloys
- Stanford Advanced Materials
- Hunan Oriental Scandium
- Guangxi Maoxin
- AMG Aluminum
- Shanghai Diyang
Global Aluminium-Scandium Market Segment by Type, covers
- Al-Sc 2% Alloy
Global Aluminium-Scandium Market Segment by Applications, can be divided into
- Defense & Aerospace
- Consumer Goods
Market Segment by Regions, this Aluminium-Scandium market report splits Global into several key Regions, with sales (consumption), revenue, market share and growth rate of Aluminium-Scandium Market from 2014 to 2024 (forecast), like:
- North America
- Southeast Asia
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This Aluminium-Scandium Industry report also takes into account the past price of 2014-2018 and the future price of 2019-2024 as per the supply-demand relation along with perspectives and Aluminium-Scandium market forecasts. Additionally, the Aluminium-Scandium Market report also discusses the data on deals (distributors) and buyers, providing a holistic insight into the supply chain and sales details of Aluminium-Scandium Market.
Several important topics included in the Aluminium-Scandium market research report are as follows:
- Overview of Aluminium-Scandium Market
- Market Size (Value and Volume) analysis of Aluminium-Scandium Industry
- Aluminium-Scandium Market Competition by Manufacturers, Type, and Application
- Aluminium-Scandium Market Major Regions Volume, Value and Sales Price Analysis
- Aluminium-Scandium Market Technology and Development Trend
- Research Findings and Conclusion of Aluminium-Scandium Industry
To sum it up, the report concludes with an all-inclusive research result on the industry chain of Aluminium-Scandium Market facilitating the market participants in making well-informed strategic decisions.
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