Vanadium Market Size, Share & Global Forecast 2019-2025

Adroit Market Research
Global Vanadium Market
Size and Trends, By Application (Iron & Steel, Energy
Storage, Chemical, And Titanium Alloys), By Region (Asia
Pacific, Europe, North America, South America, Middle East
and Africa) and Forecast from 2019 to 2025
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Adroit Market Research
Vanadium Market Size, Status and Forecast 2018-2025
• Adroit Market Research introduced a new market study on the “Global Vanadium Market Size and Trends, By Application
(Iron & Steel, Energy Storage, Chemical, And Titanium Alloys), By Region (Asia Pacific, Europe, North America, South
America, Middle East and Africa) and Forecast from 2018 to 2025”. The global vanadium market sizing and forecast
estimates have been provided in terms of volume (tons of contained vanadium (tV)) and revenue (USD million). The global
vanadium industry report is a comprehensive study covering various market aspects including end-uses / applications,
regional demand, production overview, and key country outlook. In addition to this, analytical tools such as PESTEL and
industry value chain has been covered in the study that throws light on the key influential factors that drive and/or
challenge the global vanadium market dynamics.
• The global vanadium market size is projected to exceed 100 kilo tons by the end of 2025. Increasing intensity of vanadium
in steels, ferrous alloys, and non-ferrous alloys is expected to amplify its consumption in core end-user industries such as
automotive, aerospace, and building & construction. Its consumption as a catalyst in the manufacturing of bulk and
industrial chemicals and polymers is small yet a growth impacting application, which is likely to boost the global vanadium
market value at a CAGR of 5% by 2025. Energy storage is considered to fuel the vanadium market value at a fast pace, as a
consequence of rising utilization vanadium as a battery metal in flow battery technologies.
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Adroit Market Research
Vanadium Market Size, Status and Forecast 2018-2025
• The recent drastic expansion of steel rebar and battery energy storage sectors have increased the China vanadium prices in
2018. Demand exceeding production has been another important vanadium price escalator in the country. China is
considered to be one of the potential growth areas for vanadium over the years ahead. Increase in foreign investments
coupled with the presence of local vanadium providers is expected to maintain the market competitiveness in the country.
• Pangang Group Vanadium Titanium & Resources Co., Ltd., Beijing Jianlong Heavy Industry Group Co., Ltd, and HBIS Group
are a few of the vanadium producers in the China vanadium market. EVRAZ Group, Bushveld Minerals Limited, Australian
Vanadium Limited, Vanadium Corporation, Glencore, Largo Resources, Atlantic Pty Ltd., Energy Fuels Inc., are some of the
players operating within the global vanadium industry.
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Adroit Market Research
Vanadium Market Size, Status and Forecast 2018-2025
• Key Segments of the Global Vanadium Market Report
• Application Overview, 2014 - 2025 (Tons) (USD Million)
• Iron & steel
• Chemical
• Energy storage
• Titanium alloys
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+1 (214) 884-6068
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Adroit Market Research
Vanadium Market Size, Status and Forecast 2018-2025
• Regional Overview, 2014 - 2025 (Tons) (USD Million)
• North America
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U.S.
Rest of North America
• Europe
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Germany
Italy
Russia
Rest of Europe
• Asia-Pacific
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China
Japan
India
Rest of Asia Pacific
• South America
• Middle East & Africa
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Adroit Market Research
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Adroit Market Research is an India-based business analytics and consulting company. Our
target audience is a wide range of corporations, manufacturing companies, product/technology
development institutions and industry associations that require understanding of a market’s
size, key trends, participants and future outlook of an industry. We intend to become our
clients’ knowledge partner and provide them with valuable market insights to help create
opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At
our core, we are curious people who love to identify and understand industry patterns, create
an insightful study around our findings and churn out money-making roadmaps. Our analysts
have tracked high growth markets in chemicals & materials, healthcare & pharmaceuticals,
semiconductor & electronics, energy & power, food & retail, consumer goods, technology, and
machinery & equipment sectors across the world to identify new opportunities, potential
customers, prepare go-to-market (GTM) strategies, identify segments for revenue growth for
companies, and many more.
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Global vanadium market size exceeded 87 kilo tons in 2017. The global vanadium consumption is mainly driven by increased steel production and consumption in BRIC nations. Strong developments and activities pertaining to the global vanadium resources and production have created a significant impact on global demand since 2014. This scenario is likely to continue over the next 11 years. https://bit.ly/2VqMKcl