Product Code: ETC206336 | Publication Date: May 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 |
The Bahrain Scandium Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at 10.06% in 2025, the market peaks at 13.47% in 2027, and settles at 3.24% by 2029.
Bahrain's Scandium market is anticipated to experience a high growth rate of 13.47% by 2027, reflecting trends observed in the largest economy Saudi Arabia, followed by United Arab Emirates, Iran, Qatar and Kuwait.
Scandium is a rare earth element used in various high-tech applications, including aerospace components, electronics, and solid oxide fuel cells. In Bahrain, the market for scandium is relatively small but is expected to grow as the country invests in advanced manufacturing and technology. Scandium`s ability to improve the strength and heat resistance of aluminum alloys makes it valuable in the production of lightweight, high-performance materials. As Bahrain`s aerospace and industrial sectors expand, the demand for scandium is likely to increase.
The Bahrain scandium market is expanding due to its applications in aerospace, electronics, and solid oxide fuel cells. Scandium is used to enhance the strength and thermal properties of aluminum alloys, making it valuable for the aerospace industry. It is also used in advanced electronics and as a component in solid oxide fuel cells. The growing demand for lightweight, durable materials in Bahrainâs aerospace and energy sectors, along with advancements in electronic devices, is driving the scandium market.
Scandium, used in aerospace, lighting, and ceramics, faces significant supply chain and production challenges in Bahrain. Scandium is a rare element, and its extraction is often expensive and dependent on byproducts from other mining operations. This limited availability drives up the cost of scandium products, restricting their use in cost-sensitive industries. Additionally, competition from alternative materials that offer similar properties in aerospace and lighting applications reduces demand for scandium. The lack of infrastructure for scandium extraction and processing in Bahrain further limits market growth.
Scandium is used in aerospace alloys, lighting, and electronics. As Bahrain invests in advanced manufacturing and aerospace industries, the Scandium market presents opportunities for investors. Supplying Scandium for high-performance alloys and electronics can align with Bahrainâs technological advancement goals, especially in aerospace and automotive sectors.
The scandium market in Bahrain benefits from government policies that support the growth of advanced materials and aerospace sectors. The government promotes the use of scandium in aluminum alloys for lightweight applications in aerospace and automotive industries. Trade agreements and safety regulations ensure the proper handling and use of scandium while facilitating its import and export.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Bahrain Scandium Market Overview |
3.1 Bahrain Country Macro Economic Indicators |
3.2 Bahrain Scandium Market Revenues & Volume, 2021 & 2031F |
3.3 Bahrain Scandium Market - Industry Life Cycle |
3.4 Bahrain Scandium Market - Porter's Five Forces |
3.5 Bahrain Scandium Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Bahrain Scandium Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Bahrain Scandium Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 Bahrain Scandium Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for scandium in aerospace and automotive industries for lightweight materials |
4.2.2 Growing investments in research and development for scandium applications |
4.2.3 Favorable government regulations promoting the use of scandium in manufacturing processes |
4.3 Market Restraints |
4.3.1 High production costs associated with scandium extraction and refining |
4.3.2 Limited availability of scandium resources globally |
4.3.3 Fluctuating prices of scandium due to market volatility |
5 Bahrain Scandium Market Trends |
6 Bahrain Scandium Market, By Types |
6.1 Bahrain Scandium Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Bahrain Scandium Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Bahrain Scandium Market Revenues & Volume, By Oxide, 2021 - 2031F |
6.1.4 Bahrain Scandium Market Revenues & Volume, By Fluoride, 2021 - 2031F |
6.1.5 Bahrain Scandium Market Revenues & Volume, By Chloride, 2021 - 2031F |
6.1.6 Bahrain Scandium Market Revenues & Volume, By Nitrate, 2021 - 2031F |
6.1.7 Bahrain Scandium Market Revenues & Volume, By Iodide, 2021 - 2031F |
6.1.8 Bahrain Scandium Market Revenues & Volume, By Alloy, 2021 - 2031F |
6.2 Bahrain Scandium Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Bahrain Scandium Market Revenues & Volume, By Aluminum-scandium Alloys, 2021 - 2031F |
6.2.3 Bahrain Scandium Market Revenues & Volume, By High-intensity Metal Halide Lamps, 2021 - 2031F |
6.2.4 Bahrain Scandium Market Revenues & Volume, By Lasers, 2021 - 2031F |
6.2.5 Bahrain Scandium Market Revenues & Volume, By Solid Oxide Fuel Cells, 2021 - 2031F |
6.3 Bahrain Scandium Market, By End Use Industry |
6.3.1 Overview and Analysis |
6.3.2 Bahrain Scandium Market Revenues & Volume, By Aerospace and Defense, 2021 - 2031F |
6.3.3 Bahrain Scandium Market Revenues & Volume, By Ceramics, 2021 - 2031F |
6.3.4 Bahrain Scandium Market Revenues & Volume, By Lighting, 2021 - 2031F |
6.3.5 Bahrain Scandium Market Revenues & Volume, By Electronics, 2021 - 2031F |
6.3.6 Bahrain Scandium Market Revenues & Volume, By 3D Printing, 2021 - 2031F |
6.3.7 Bahrain Scandium Market Revenues & Volume, By Sporting Goods, 2021 - 2031F |
6.3.8 Bahrain Scandium Market Revenues & Volume, By , 2021 - 2031F |
6.3.9 Bahrain Scandium Market Revenues & Volume, By , 2021 - 2031F |
7 Bahrain Scandium Market Import-Export Trade Statistics |
7.1 Bahrain Scandium Market Export to Major Countries |
7.2 Bahrain Scandium Market Imports from Major Countries |
8 Bahrain Scandium Market Key Performance Indicators |
8.1 Percentage of research and development budget allocated to scandium-related projects |
8.2 Number of patents filed for scandium-based technologies |
8.3 Growth rate of scandium applications in emerging industries |
9 Bahrain Scandium Market - Opportunity Assessment |
9.1 Bahrain Scandium Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Bahrain Scandium Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Bahrain Scandium Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 Bahrain Scandium Market - Competitive Landscape |
10.1 Bahrain Scandium Market Revenue Share, By Companies, 2024 |
10.2 Bahrain Scandium Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |