Scandium Market size is valued at $69.7 million in 2019 growing at a CAGR over 10% to reach the market size of $104 million in 2025. Growing use in solid oxide fuel cells (SOFCs) and rising demand for aluminum-scandium alloys are the major factors driving...

?Scandium Market size is valued at $69.7 million in 2019 growing at a CAGR over 10% to reach the market size of $104 million in 2025.

The global scandium market reached a value of around US$ 509 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 802 Million by 2027, exhibiting at a CAGR of 7.6% during 2022-2027.