What is Scandium Iodide Market?
Scandium iodide is also called scandium triiodide with the chemical formula ScI3. It is an inorganic chemical compound and classified as lanthanide iodide. Scandium iodide is generally available in all volumes. It is a yellowish powder used in metal halide lamps together with the same compounds, like cesium iodide. It is also used in internal medicine and mainly in aluminum alloys.
Highlights from Scandium Iodide Market Study
Attributes | Details |
---|
Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Alfa Aesar (United States), All-Chemie Ltd (United States), Atlantic Equipment Engineers (United States), Beijing Cerametek Material (China), Cathay Advanced Material Limited (China), Dni Metal Inc (Canada), GFS Chemicals (United States), Goodfellow (United States), Great Western Minerals Group (Canada) and Haihang Industry (China) |
Global Scandium Iodide is a fragmented market due to the presence of various players. The players are focusing on investing more in Launching New Products. These will enhance their market presence. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
Alfa Aesar (United States), All-Chemie Ltd (United States), Atlantic Equipment Engineers (United States), Beijing Cerametek Material (China), Cathay Advanced Material Limited (China), Dni Metal Inc (Canada), GFS Chemicals (United States), Goodfellow (United States), Great Western Minerals Group (Canada) and Haihang Industry (China) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Huizhou Top Metal Material Co. Ltd (China). Scandium Iodide Market Segmentation:
Scope | Sub-Segments |
---|
Application / End User | Lamps, Cameras and Others |
Sale | Online,Offline |
Forms | Submicron,Nanopowder |
End-Use Verticals | Electronic Industry,Aerospace and Defense Industry,Others |
On the basis of geography, the market of Scandium Iodide has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Introduction of New Electronics Appliances and Growth in Aerospace and Defense Sector
Market Growth Drivers:
Rising Applications of Scandium Iodide in Aluminium Alloys and Increasing demand for Scandium Iodide from Electronic Industry
Challenges:
Strict Regulations on the use of Scandium Iodide
Restraints:
Adverse Health-Related Risk with the Mishandling of Scandium Iodide
Opportunities:
Increasing Research and Development Activities across the Globe can create opportunities for the Global Scandium Iodide Market Growth
Key Target Audience
Scandium Iodide Manufacturers, Scandium Iodide Suppliers and Distributors, Regulatory Bodies, Potential Investors, Research and Development Institutes and Others
According to United States Securities and Exchange Commission, “Manufacturers should recognize the specialized capabilities for the design, manufacture, and testing of Scandium Iodide.”