Global Vanadium Pentoxide Supply, Demand and Key Producers, 2023-2029

Global Vanadium Pentoxide Supply, Demand and Key Producers, 2023-2029

The global Vanadium Pentoxide market size is expected to reach $ million by 2029, rising at a market growth of % CAGR during the forecast period (2023-2029).

In recent years, with the development of the steel industry, the market demand for vanadium pentoxide has continued to rise. In 2021, the apparent consumption of vanadium pentoxide in my country will reach 136,000 tons. The output of vanadium pentoxide is related to vanadium ore. my country is rich in vanadium ore resources. According to USGS data, in 2021, the output of China's vanadium ore industry will be 73,000 tons, accounting for 66.4% of the world's total output, ranking first in the world. In 2020, due to the impact of the new crown epidemic, international steel production will be greatly impacted, and the international demand for vanadium pentoxide will decline. In order to expand the market, overseas companies will actively deploy the domestic market. The volume is higher than the export volume. But on the whole, except for 2020, my country's vanadium pentoxide import and export market has been in a state of trade surplus for a long time. According to the data from the General Administration of Customs, from January to June 2022, my country's vanadium pentoxide export volume is 2503.3 tons , the import volume was 120.2 tons.

Vanadium pentoxide, the IUPAC name is vanadium (V) oxide, is the oxide of vanadium (V), and its chemical formula is V2O5. It is a toxic orange-yellow solid, slightly soluble in water, and decomposes when heated by losing oxygen. It can be used as a catalyst in the chemical industry. The most important thing is to catalyze the one-step conversion of sulfur dioxide into sulfur trioxide in the sulfuric acid industry. Vanadium (+5) in vanadium pentoxide is the highest oxidation state and has amphoteric and oxidizing properties.

This report studies the global Vanadium Pentoxide production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Vanadium Pentoxide, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Vanadium Pentoxide that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Vanadium Pentoxide total production and demand, 2018-2029, (Tons)

Global Vanadium Pentoxide total production value, 2018-2029, (USD Million)

Global Vanadium Pentoxide production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (Tons)

Global Vanadium Pentoxide consumption by region & country, CAGR, 2018-2029 & (Tons)

U.S. VS China: Vanadium Pentoxide domestic production, consumption, key domestic manufacturers and share

Global Vanadium Pentoxide production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (Tons)

Global Vanadium Pentoxide production by Type, production, value, CAGR, 2018-2029, (USD Million) & (Tons)

Global Vanadium Pentoxide production by Application production, value, CAGR, 2018-2029, (USD Million) & (Tons).

This reports profiles key players in the global Vanadium Pentoxide market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include LB Group Co., Ltd., Changsha Yaguang Economic and Trade Co., Ltd., LCR, Dalian Langde Metal Material Co., Ltd., Chengde Iron and Steel Group Co., Ltd., Panzhihua Iron and Steel Group Co., Ltd., Kunming Iron and Steel Holdings Co., Ltd., Shenyang Huarui Vanadium Industry Co., Ltd. and Hunan Xinhongda Vanadium Industry Co., Ltd., etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Vanadium Pentoxide market.

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Tons) and average price (US$/Ton) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Vanadium Pentoxide Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Vanadium Pentoxide Market, Segmentation by Type
Alum Slag Production Process
Waste Vanadium Catalyst Production Process
Stone Coal Production Technology

Global Vanadium Pentoxide Market, Segmentation by Application
Metallurgy
Chemical Industry
Aerospace

Companies Profiled:
LB Group Co., Ltd.
Changsha Yaguang Economic and Trade Co., Ltd.
LCR
Dalian Langde Metal Material Co., Ltd.
Chengde Iron and Steel Group Co., Ltd.
Panzhihua Iron and Steel Group Co., Ltd.
Kunming Iron and Steel Holdings Co., Ltd.
Shenyang Huarui Vanadium Industry Co., Ltd.
Hunan Xinhongda Vanadium Industry Co., Ltd.
Dalian Yinhe Metal Materials Co., Ltd.
Panzhihua Hongshan Vanadium Products Co., Ltd.
Panzhihua Jinli Vanadium Titanium Co., Ltd.
Chenxi County Chuanxi Township Wanfa Vanadium Industry Co., Ltd.
Agnew clough Ltd.
TransGlobal Holding Co.
Cri-Met
ABC Bullion
Rautaruukki Oyi
Carbovan
Vadnore Enterprises

Key Questions Answered

1. How big is the global Vanadium Pentoxide market?

2. What is the demand of the global Vanadium Pentoxide market?

3. What is the year over year growth of the global Vanadium Pentoxide market?

4. What is the production and production value of the global Vanadium Pentoxide market?

5. Who are the key producers in the global Vanadium Pentoxide market?