Global High-Purity Vanadium Pentoxide Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global High-Purity Vanadium Pentoxide Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Vanadium Pentoxide is the inorganic compound with the formula V2O5. It is a brown/yellow solid, although when freshly precipitated from aqueous solution, its color is deep orange. Because of its high oxidation state, it is both an amphoteric oxide and an oxidizing agent. From the industrial perspective, it is the most important compound of vanadium, being principal precursor to alloys of vanadium and is a widely used industrial catalyst.

High-purity Vanadium Pentoxide is a vanadium product with V2O5 content greater than 99%. A typical “technical grade” vanadium pentoxide specification may call for material to be 99.2% pure with modest limits of trace elements including iron, potassium, sodium and silicon. In some applications for “high purity” vanadium pentoxide, the V2O5 content of the material, as well as, the particle size and particle morphology are very important.

The High-purity Vanadium Pentoxide market covers Min.99% V2O5, Min.99.5% V2O5, etc. The typical players include U.S. Vanadium LLC, HBIS Group, etc.

According to our (Global Info Research) latest study, the global High-Purity Vanadium Pentoxide market size was valued at US$ 268 million in 2023 and is forecast to a readjusted size of USD 332 million by 2030 with a CAGR of 3.1% during review period.

The classification of High-purity Vanadium Pentoxide includes min.99.5% V2O5, min.99% V2O5, min. 99.9% V2O5. The proportion of min. 99.5% V2O5 was about 71%, min.99% V2O5 segment sales share was about 26% of total market.

High-purity Vanadium Pentoxide is widely used in Metallurgy/Steelmaking, Chemical Catalyst, Vanadium Cell/VRB and other Industries. The most proportion of High-purity Vanadium Pentoxide is used in Metallurgy/Steelmaking segment, about 48% global sales share.

Asia-Pacific is the largest consumption region, with a consumption market share nearly 45%. Following APAC, Europe is the second largest consumption place with the consumption market share of 27%.

Market concentration is high and competition is intense. U.S. Vanadium LLC, HBIS Group, Hunan Huifeng High Energy Co., Ltd and Suzhou Donghua Fangui Co.Ltd. are the leaders in High-purity Vanadium Pentoxide industry, with about 48% market shares.

This report is a detailed and comprehensive analysis for global High-Purity Vanadium Pentoxide market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Purity and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global High-Purity Vanadium Pentoxide market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030

Global High-Purity Vanadium Pentoxide market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030

Global High-Purity Vanadium Pentoxide market size and forecasts, by Purity and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030

Global High-Purity Vanadium Pentoxide market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for High-Purity Vanadium Pentoxide

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global High-Purity Vanadium Pentoxide market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include U.S. Vanadium LLC, GfE, HBIS Group, Suzhou Donghua Fangui Co.Ltd., Liaoyang Hengye Chemical Co., Ltd., Hunan Huifeng High Energy Co., Ltd, Hunan Sanfeng Vanadium Industry Co., Ltd, BaiChuan Vanadium Industry, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

High-Purity Vanadium Pentoxide market is split by Purity and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Purity, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Purity
Min.99.5% V2O5
Min.99% V2O5
Min.99.9% V2O5

Market segment by Application
Metallurgy/Steelmaking
Chemical Catalyst
Vanadium Cell/VRB
Others

Major players covered
U.S. Vanadium LLC
GfE
HBIS Group
Suzhou Donghua Fangui Co.Ltd.
Liaoyang Hengye Chemical Co., Ltd.
Hunan Huifeng High Energy Co., Ltd
Hunan Sanfeng Vanadium Industry Co., Ltd
BaiChuan Vanadium Industry

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe High-Purity Vanadium Pentoxide product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of High-Purity Vanadium Pentoxide, with price, sales quantity, revenue, and global market share of High-Purity Vanadium Pentoxide from 2019 to 2024.

Chapter 3, the High-Purity Vanadium Pentoxide competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the High-Purity Vanadium Pentoxide breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Purity and by Application, with sales market share and growth rate by Purity, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and High-Purity Vanadium Pentoxide market forecast, by regions, by Purity, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of High-Purity Vanadium Pentoxide.

Chapter 14 and 15, to describe High-Purity Vanadium Pentoxide sales channel, distributors, customers, research findings and conclusion.