Global Bismuth Vanadate Market Growth 2023-2029

Global Bismuth Vanadate Market Growth 2023-2029

Bismuth Vanadate (molecular formula BiVO4), is an inorganic pigment, which imparts a range of greenish shades or greenish yellow shades. Bismuth vanadate exhibits characteristic properties such as high colour strength, high brightness, and high gloss among others. Bismuth vanadate is a non-hazardous inorganic pigment and is manufactured by dissolving bismuth nitrate with sodium vanadate and sodium molybdate in nitric acid, then by precipitation it produces complex mixture of metals. After calcination, it produces crystalline bismuth vanadate. Bismuth vanadate exhibits similar properties as that of other yellowish pigments such as lead chromate pigment.

LPI (LP Information)' newest research report, the “Bismuth Vanadate Industry Forecast” looks at past sales and reviews total world Bismuth Vanadate sales in 2022, providing a comprehensive analysis by region and market sector of projected Bismuth Vanadate sales for 2023 through 2029. With Bismuth Vanadate sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Bismuth Vanadate industry.

This Insight Report provides a comprehensive analysis of the global Bismuth Vanadate landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Bismuth Vanadate portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Bismuth Vanadate market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Bismuth Vanadate and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Bismuth Vanadate.

The global Bismuth Vanadate market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

Growing demand for high performance pigments from the end use industries have resulted in increase in demand for pigments such as bismuth vanadate. Furthermore, regulations prevailing in developed regions such as North America and Europe over the use of lead chromate pigments are expected to in turn drive the demand for bismuth vanadate as an effective alternative. Moreover, the growing demand for bismuth vanadate from end use industries such as plastic and polymer, paint & coatings and others drive the global bismuth vanadate market. Increasing preference for environmentally friendly pigments in order to support the sustainable development are expected to bolster the growth of the global market for bismuth vanadate during the forecast period. Besides these, the higher cost of bismuth vanadate as compared to other alternative pigments, is expected to have a negative impact on the growth of the market.

This report presents a comprehensive overview, market shares, and growth opportunities of Bismuth Vanadate market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Laboratory Grade
Industry Grade

Segmentation by application
Rubber and Plastics
Inks
Detergents
Paints and Coatings
Paper
Cosmetics

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
BASF
Domion Colour Corporation
Dimacolor Industry Group
Heubach
Bruchsaler Farbenfabrik
Harold Scholz

Key Questions Addressed in this Report

What is the 10-year outlook for the global Bismuth Vanadate market?

What factors are driving Bismuth Vanadate market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Bismuth Vanadate market opportunities vary by end market size?

How does Bismuth Vanadate break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.