Aluminium-Scandium Market Share - Industry Analysis, Share, Growth, Trends, Top Key Players and Forecast 2019-2024
Category: #reports  By Sachin Pashte  Date: 2020-03-12
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Aluminium-Scandium Market Share - Industry Analysis, Share, Growth, Trends, Top Key Players and Forecast 2019-2024

A study has been conducted recently by Market Study Report LLC, that claims the Aluminium-Scandium market is likely to expand at an appreciable rate from its present revenue of over 70 million to more than 110 million.

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.

Request a sample Report of Aluminium-Scandium Market at: https://www.marketstudyreport.com/request-a-sample/1937436?utm_source=marketsizeforecasters.com&utm_medium=SP

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 latest research study on the Aluminium-Scandium market is an in-depth analysis of this industry sphere. The report projects that this marketplace will register appreciable proceeds by the end of the forecast period while recording a commendable growth rate through the predicted timeframe.

The report inspects the Aluminium-Scandium market in exquisite detail. In consequence, the report has been compiled accurately enough to deliver appreciable perceptions with regards to the industry size, remuneration projection, sales volume, and more. In addition, the Aluminium-Scandium market research study also provides details about the industry segmentation in tandem with the driving forces augmenting the commercialization portfolio of this business.

The Aluminium-Scandium market with regards to the geographical frame of reference:

  • The Aluminium-Scandium market report provides a massive evaluation of the geographical landscape of the Aluminium-Scandium market. Incidentally, the regional sphere includes the geographies of North America, Europe, Asia-Pacific, South America & Middle East and Africa.
  • Key insights about the sales procured by all topographies and their estimated market share have been mentioned in the report.
  • The registered growth rate as well as proceeds amassed by each region over the forecast timeline are stated in the report.

Additional insights mentioned in the report include:

  • A detailed skeleton of the competitive landscape of Aluminium-Scandium market that comprises prominent market leaders like RUSAL, Intermix-met, KBM Master Alloys, Stanford Advanced Materials, HNRE, Hunan Oriental Scandium, Guangxi Maoxin, AMG Aluminum, Codos, TOPM and Shanghai Diyang have been endorsed in the report.
  • A basic outline of all the product manufactured by the developers as well as product application range have been delivered in the report.
  • The study mentions information about the companies on the basis of their market position in the current scenario as well as pivotal insights pertaining to the sales collected by the manufacturers in tandem with the industry share.
  • The company’s profit margins as well as price models have been elucidated.
  • The Aluminium-Scandium market’s product range is inclusive of Al-Sc 2% Alloy and Others. Information about the market share accrued by the product segments has been included in the report.
  • The report elaborates information about sales amassed by the products as well as the revenue earned over the estimated time period.
  • The study focuses on the application spectrum of the Aluminium-Scandium market. The application landscape is segregated into Defense & Aerospace, Transportation, Consumer Goods and Other and the report contains details about the market share procured by the segment.
  • The revenue accrued from these application segments as well as estimated sales for the projected duration are mentioned in the report.
  • The report illustrates substantial parameters such as the competition trends as well as market concentration rate.
  • Details about the marketing channels adopted by the manufacturers for the marketing of their products as well as information about the distributors, traders, and dealers partaking in the Aluminium-Scandium market share have been presented in the research study.

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Aluminium-Scandium product scope, market overview, market opportunities, market driving force and market risks.

Chapter 2, to profile the top manufacturers of Aluminium-Scandium, with price, sales, revenue and global market share of Aluminium-Scandium in 2017 and 2018.

Chapter 3, the Aluminium-Scandium competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Aluminium-Scandium breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.

Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.

Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.

Chapter 12, Aluminium-Scandium market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.

Chapter 13, 14 and 15, to describe Aluminium-Scandium sales channel, distributors, customers, research findings and conclusion, appendix and data source.

Ask for Discount on Aluminium-Scandium Market Report at: https://www.marketstudyreport.com/check-for-discount/1937436?utm_source=marketsizeforecasters.com&utm_medium=SP

Related Reports: https://www.marketwatch.com/press-release/at-102-cagr-octamethyl-cyclotetrasiloxane-market-size-share-set-to-register-41335-million-usd-by-2025-2020-03-12

https://www.marketwatch.com/press-release/mining-automation-market-size-detailed-analysis-of-current-industry-figures-with-forecasts-growth-by-2025-2020-03-12

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Frequently Asked Questions (FAQ) here :

Aluminium-Scandium market recorded a valuation of USD 70 million in 2019.
The forecast worth of Aluminium-Scandium market is predicted to exceed USD 110 million by 2024.
According to credible reports, Aluminium-Scandium market would record a CAGR of 7.3% over the anticipated time span.
Product terrain of Aluminium-Scandium market segmented at Al-Sc 2% Alloy and Others.


About Author

Sachin Pashte

Email: [email protected]   

Sachin Pashte

Sachin is into market research and web marketing since the last 2 years and has worked on multiple projects across various industries. He has expertise in writing promotional content for market research reports while his personal interests include the games of footbal...

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