Global Scandium Nitrate Market Insights, Forecast to 2028

Scandium Nitrate is a moderately water soluble crystalline Scandium source that decomposes to Scandium oxide on heating. It is generally immediately available in most volumes. Acetates are excellent precursors for production of ultra high purity compounds and certain catalyst and nanoscale (nanoparticles and nanopowders) materials. All metallic acetates are inorganic salts of a metal cation and the acetate anion. The acetate anion is a univalent (-1 charge) polyatomic ion composed of two carbon atoms ionically bound to three hydrogen and two oxygen atoms (Symbol: CH3COO) for a total formula weight of 59.05. Ultra high purity, high purity, submicron and nanopowder forms may be considered. Nitrate compounds are generally soluble in water. Nitrate materials are also oxidizing agents. When mixed with hydrocarbons, nitrate compounds can form a flammable mixture. Nitrates are excellent precursors for production of ultra high purity compounds and certain catalyst and nanoscale (nanoparticles and nanopowders) materials. All metallic nitrates are inorganic salts of a given metal cation and the nitrate anion. The nitrate anion is a univalent (-1 charge) polyatomic ion composed of a single nitrogen atom ionically bound to three oxygen atoms (Symbol: NO3) for a total formula weight of 62.05.
Market Analysis and Insights: Global Scandium Nitrate Market
Due to the COVID-19 pandemic, the global Scandium Nitrate market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, Purity 99% accounting for % of the Scandium Nitrate global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Chemical Industry segment is altered to an % CAGR throughout this forecast period.
China Scandium Nitrate market size is valued at US$ million in 2021, while the US and Europe Scandium Nitrate are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Scandium Nitrate landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Scandium Nitrate include Edgetech Industries LLC, American Elements, Ereztech, Central Drug House, Chemdyes Corporation, Stanford Materials Corporation, ProChem, METALL RARE EARTH LIMITED and Stanford Advanced Materials. etc. In 2021, the global top five players have a share approximately % in terms of revenue.
In terms of production side, this report researches the Scandium Nitrate capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Scandium Nitrate by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Scandium Nitrate Scope and Segment
Scandium Nitrate market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Scandium Nitrate market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.

Segment by Type
Purity 99%
Purity 99.9%
Purity 99.99%
Purity 99.999%

Segment by Application
Chemical Industry
Laboratory
Industrial Application
Others

By Company
Edgetech Industries LLC
American Elements
Ereztech
Central Drug House
Chemdyes Corporation
Stanford Materials Corporation
ProChem
METALL RARE EARTH LIMITED
Stanford Advanced Materials
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE