New York, Jan. 06, 2021 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Scandium Market – Growth, Trends, and Forecast (2020 – 2025)” – https://www.reportlinker.com/p06001583/?utm_source=GNW
However, lack of awareness, high cost, and inconsistent supply are restraining the growth of the market studied.
– The shifting focus toward the usage in the automotive industry and Australia’s emergence as a new growth hub is likely to provide opportunities for the market studied, during the forecast period.
– The United States dominated the global market, owing to the growing usage in the automotive industry, and high demand from aerospace, defense, and electronic industries.
Key Market Trends
SOFCs Segment to Dominate the Market
– A solid oxide fuel cell (SOFC) is an electrochemical conversion device that helps produce electricity directly by combining an oxidant and a…