Vanadium Global Market Report 2024

Vanadium Global Market Report 2025 – By Type (Vanadium Pentoxide, Vanadium Ferrovanadium, Aluminum-Vanadium Alloys, Vanadium Chemicals, Other Types), By Production Process (Aluminothermic Reduction Technique, Silicon Reduction Technique), By Application (Iron And Steel, Chemical, Titanium Alloys, Other Applications), By End-user (Automotive, Chemical, Energy Storage, Other End-Users) – Market Size, Trends, And Global Forecast 2025-2034

Vanadium Global Market Report 2025

Report Price : $4490.00 | Pages : 175 | Published : January 2025 | Delivery Time: 2-3 business days | Format : pdf

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Vanadium Market Definition

Vanadium is a metallic element obtained from minerals as a light-gray powder with a silvery luster or as a ductile metal and they have low neutron-absorbing properties. Vanadium is often used as an alloying element in steel, imparting strength, toughness and corrosion resistance.

The main types of vanadium are vanadium pentoxide, vanadium ferrovanadium, aluminum-vanadium alloys, vanadium chemicals and others. Vanadium pentoxide (V2O5) is an inorganic chemical that looks like a brown or yellow solid, but when newly precipitated from an aqueous solution, IT can seem deep orange. The various production processes are the aluminothermic reduction technique and silicon reduction technique applied in iron and steel, chemical, titanium alloys and others. The end users are automotive, chemical, energy storage and others.

Vanadium Market Segmentation

The vanadium market covered in this report is segmented –

1) By Type: Vanadium Pentoxide, Vanadium Ferrovanadium, Aluminum-Vanadium Alloys, Vanadium Chemicals, Other Types

2) By Production Process: Aluminothermic Reduction Technique, Silicon Reduction Technique

3) By Application: Iron And Steel, Chemical, Titanium Alloys, Other Applications

4) By End-user: Automotive, Chemical, Energy Storage, Other End-Users

Subsegments:

1) By Vanadium Pentoxide: Chemical Grade, Metallurgical Grade

2) By Vanadium Ferrovanadium: Low-Vanadium Ferrovanadium, High-Vanadium Ferrovanadium

3) By Aluminum-Vanadium Alloys: Aluminum-Vanadium Alloys with High Vanadium Content, Aluminum-Vanadium Alloys With Low Vanadium Content

4) By Vanadium Chemicals: Vanadyl Sulfate, Vanadium Chloride, Vanadium Trioxide

5) By Other Types: Vanadium Recovery Products, Vanadium Oxide

Vanadium Market Size and growth rate 2025 to 2029: Graph

Vanadium Market Size 2025 And Growth Rate

The vanadium market size has grown strongly in recent years. It will grow from $2.47 billion in 2024 to $2.62 billion in 2025 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to steel and alloy production, battery technologies, urbanization and infrastructure growth, renewable energy.

Vanadium Market Growth Forecast

The vanadium market size is expected to see strong growth in the next few years. It will grow to $3.28 billion in 2029 at a compound annual growth rate (CAGR) of 5.8%. The growth in the forecast period can be attributed to green energy transition, e-mobility, infrastructure investments, space exploration. Major trends in the forecast period include vanadium recycling, vanadium nitride batteries, vanadium in aerospace, energy storage integration.

Vanadium Market Driver: Surging Demand For Large-Scale Energy Storage Powers Growth In The Vanadium Market

The expansion of large-scale energy storage technologies is expected to propel the growth of the vanadium market going forward. Energy storage technologies are systems that store energy for later use to smooth out fluctuations in energy supply and demand, to provide backup power during outages and to store energy for transportation or other applications. Vanadium is used in energy storage technologies like vanadium redox flow batteries (VRFBs) and enables storing and releasing large amounts of energy over long periods. For instance, in July 2023, according to a report published by the International Energy Agency (IEA), a France-based autonomous intergovernmental organization, total installed grid-scale battery storage capacity stood at close to 28 GW at the end of 2022 and installations increased by more than 75% over 2021, with roughly 11 GW of storage capacity installed. Furthermore, the installed grid-scale battery capacity for storage is predicted to expand 35-fold, almost 970 GW, between 2022 and 2030. Therefore, developing large-scale energy storage technologies will drive the vanadium market.

Vanadium Market Driver: Rise In Steel Production Boost The Market Growth

The increasing steel production is expected to boost the growth of the vanadium market going forward. Steel production is the process of producing steel from iron ore and/or scrap. Vanadium is a critical component in the production of vanadium redox flow batteries (VRFBs), and IT is also used in the steel industry. It is widely used in steel manufacturing as an alloying element. For instance, in October 2024, according to the Press Information Bureau, a India-based government agency, crude steel production increased significantly, rising from 109.137 million tonnes (MT) in 2019-20 to 144.299 MT in 2023-24, with a strong 13.4% growth over the previous year's 127.197 MT in 2022-23. The domestic steel industry's capacity also expanded, going from 142.299 MT per year in 2019-20 to 179.515 MT in 2023-24, which helped boost production. Capacity utilization reached 81% during this period. Therefore, the rising steel production is expected to drive the vanadium market.

Global Vanadium Market Major Players

Major companies operating in the vanadium market are Glencore PLC, HBIS GROUP Co. Ltd., China Ansteel Group Corporation Limited, EVRAZ PLC, Essel Mining & Industries Limited, Ferroglobe PLC, Advanced Metallurgical Group (AMG) N.V., Largo Inc., Treibacher Industrie AG, Bushveld Minerals Ltd., Gulf Chemical and Metallurgical Corporation, Atlantic Ltd., JAYESH Group, Hickman Williams & Company, Angang Steel Co. Ltd., VanadiumCorp Resource Inc., Meta Materials Inc., Bear Metallurgical Company, U.S. Vanadium Holding Company LLC, Shenzhen Chinary Co. Ltd., Core Metals LLC, YILMADEN HOLDING Inc., Tremond Metals Corp., Australian Vanadium Limited, Otto Chemie Pvt Ltd.

Global Vanadium Market Trend: Rising Focus Towards Product Advancement To Attain Maximum Revenues

Major companies operating in the vanadium market are focused on innovative vanadium production techniques, such as belt filter technology, to strengthen their position in the market. Belt filter is an industrial system used for solid or liquid separation processes, particularly the chemical industry dewatering sludges. For instance, in September 2022, U.S. Vanadium LLC, a US-based manufacturer of a variety of specialty vanadium chemicals, installed an industrial Belt Filter plant that improved the facility's vanadium recovery rates, cut expenses for operation, increased recycling activities and reduced the plant's overall environmental impact. The new Belt Filter technology at the facility improves vanadium recovery and increases the production of valuable vanadium products. The belt filter produces a comparatively dry cake with only a 5-6% moisture level, which may be recycled in various industrial applications.

Vanadium Market Merger And Acquisition: Us Vanadium Llc Acquired Materials Processing Plant From Saint-Gobain Sa

In September 2022, US Vanadium LLC, a US-based manufacturer of specialty vanadium chemicals, acquired the Materials Processing Plant from Saint-Gobain SA for an undisclosed amount. This acquisition enables US Vanadium to expand and strengthen its production of high-purity and other products. With this strategic acquisition, US Vanadium is expected to improve the flexibility and processing capacity of the diverse vanadium feedstock sources. Saint-Gobain SA is a France-based company with a materials processing plant in Benton, Arkansas. The factory will grind and roast vanadium-containing feedstock to produce high-purity vanadium products.

Regional Outlook For The Global Vanadium Market

Asia-Pacific was the largest region in the vanadium market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in vanadium market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the vanadium market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Vanadium Market?

The vanadium market consists of sales of aluminum ore, vanadate, carnotite, roscoelite and patronite. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What is the Market Assessment and Strategic Outlook for the Vanadium Industry?

The vanadium market research report is one of a series of new reports from The Business Research Company that provides vanadium market statistics, including vanadium industry global market size, regional shares, competitors with a vanadium market share, detailed vanadium market segments, market trends and opportunities and any further data you may need to thrive in the vanadium industry. This vanadium market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Vanadium Market Report Forecast Analysis
Report AttributeDetails
Market Size Value In 2025 $2.62 billion
Revenue Forecast In 2034 $3.28 billion
Growth Rate CAGR of 5.8% from 2025 to 2034
Base Year For Estimation 2024
Actual Estimates/Historical Data 2019-2024
Forecast Period 2025 - 2029 - 2034
Market Representation Revenue in USD Billion and CAGR from 2025 to 2034
Segments Covered 1) By Type: Vanadium Pentoxide, Vanadium Ferrovanadium, Aluminum-Vanadium Alloys, Vanadium Chemicals, Other Types
2) By Production Process: Aluminothermic Reduction Technique, Silicon Reduction Technique
3) By Application: Iron And Steel, Chemical, Titanium Alloys, Other Applications
4) By End-user: Automotive, Chemical, Energy Storage, Other End-Users Subsegments: 1) By Vanadium Pentoxide: Chemical Grade, Metallurgical Grade
2) By Vanadium Ferrovanadium: Low-Vanadium Ferrovanadium, High-Vanadium Ferrovanadium
3) By Aluminum-Vanadium Alloys: Aluminum-Vanadium Alloys with High Vanadium Content, Aluminum-Vanadium Alloys With Low Vanadium Content
4) By Vanadium Chemicals: Vanadyl Sulfate, Vanadium Chloride, Vanadium Trioxide
5) By Other Types: Vanadium Recovery Products, Vanadium Oxide
Regional Scope Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled Glencore plc, HBIS GROUP Co. Ltd., China Ansteel Group Corporation Limited, EVRAZ plc, Essel Mining & Industries Limited, Ferroglobe PLC, Advanced Metallurgical Group (AMG) N.V., Largo Inc., Treibacher Industrie AG, Bushveld Minerals Ltd., Gulf Chemical and Metallurgical Corporation, Atlantic Ltd., JAYESH Group, Hickman Williams & Company, Angang Steel Co. Ltd., VanadiumCorp Resource Inc., Meta Materials Inc., Bear Metallurgical Company, U.S. Vanadium Holding Company LLC, Shenzhen Chinary Co. Ltd., Core Metals LLC, YILMADEN HOLDING Inc., Tremond Metals Corp., Australian Vanadium Limited, Otto Chemie Pvt Ltd
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. Vanadium Market Characteristics

    3. Vanadium Market Trends And Strategies

    4. Vanadium Market - Macro Economic Scenario Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Covid And Recovery On The Market

    5. Global Vanadium Growth Analysis And Strategic Analysis Framework

    5.1. Global Vanadium PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

    5.2. Analysis Of End Use Industries

    5.3. Global Vanadium Market Growth Rate Analysis

    5.4. Global Vanadium Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

    5.5. Global Vanadium Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

    5.6. Global Vanadium Total Addressable Market (TAM)

    6. Vanadium Market Segmentation

    6.1. Global Vanadium Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Vanadium Pentoxide

    Vanadium Ferrovanadium

    Aluminum-Vanadium Alloys

    Vanadium Chemicals

    Other Types

    6.2. Global Vanadium Market, Segmentation By Production Process, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Aluminothermic Reduction Technique

    Silicon Reduction Technique

    6.3. Global Vanadium Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Iron And Steel

    Chemical

    Titanium Alloys

    Other Applications

    6.4. Global Vanadium Market, Segmentation By End-user, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Automotive

    Chemical

    Energy Storage

    Other End-Users

    6.5. Global Vanadium Market, Sub-Segmentation Of Vanadium Pentoxide, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Chemical Grade

    Metallurgical Grade

    6.6. Global Vanadium Market, Sub-Segmentation Of Vanadium Ferrovanadium, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Low-Vanadium Ferrovanadium

    High-Vanadium Ferrovanadium

    6.7. Global Vanadium Market, Sub-Segmentation Of Aluminum-Vanadium Alloys, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Aluminum-Vanadium Alloys with High Vanadium Content

    Aluminum-Vanadium Alloys With Low Vanadium Content

    6.8. Global Vanadium Market, Sub-Segmentation Of Vanadium Chemicals, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Vanadyl Sulfate

    Vanadium Chloride

    Vanadium Trioxide

    6.9. Global Vanadium Market, Sub-Segmentation Of Other Types, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Vanadium Recovery Products

    Vanadium Oxide

    7. Vanadium Market Regional And Country Analysis

    7.1. Global Vanadium Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    7.2. Global Vanadium Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    8. Asia-Pacific Vanadium Market

    8.1. Asia-Pacific Vanadium Market Overview

    Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Vanadium Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    8.3. Asia-Pacific Vanadium Market, Segmentation By Production Process, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    8.4. Asia-Pacific Vanadium Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    9. China Vanadium Market

    9.1. China Vanadium Market Overview

    9.2. China Vanadium Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

    9.3. China Vanadium Market, Segmentation By Production Process, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

    9.4. China Vanadium Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

    10. India Vanadium Market

    10.1. India Vanadium Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    10.2. India Vanadium Market, Segmentation By Production Process, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    10.3. India Vanadium Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    11. Japan Vanadium Market

    11.1. Japan Vanadium Market Overview

    11.2. Japan Vanadium Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    11.3. Japan Vanadium Market, Segmentation By Production Process, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    11.4. Japan Vanadium Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    12. Australia Vanadium Market

    12.1. Australia Vanadium Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    12.2. Australia Vanadium Market, Segmentation By Production Process, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    12.3. Australia Vanadium Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    13. Indonesia Vanadium Market

    13.1. Indonesia Vanadium Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    13.2. Indonesia Vanadium Market, Segmentation By Production Process, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    13.3. Indonesia Vanadium Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    14. South Korea Vanadium Market

    14.1. South Korea Vanadium Market Overview

    14.2. South Korea Vanadium Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    14.3. South Korea Vanadium Market, Segmentation By Production Process, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    14.4. South Korea Vanadium Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    15. Western Europe Vanadium Market

    15.1. Western Europe Vanadium Market Overview

    15.2. Western Europe Vanadium Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    15.3. Western Europe Vanadium Market, Segmentation By Production Process, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    15.4. Western Europe Vanadium Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    16. UK Vanadium Market

    16.1. UK Vanadium Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    16.2. UK Vanadium Market, Segmentation By Production Process, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    16.3. UK Vanadium Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    17. Germany Vanadium Market

    17.1. Germany Vanadium Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    17.2. Germany Vanadium Market, Segmentation By Production Process, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    17.3. Germany Vanadium Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    18. France Vanadium Market

    18.1. France Vanadium Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    18.2. France Vanadium Market, Segmentation By Production Process, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    18.3. France Vanadium Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    19. Italy Vanadium Market

    19.1. Italy Vanadium Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    19.2. Italy Vanadium Market, Segmentation By Production Process, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    19.3. Italy Vanadium Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    20. Spain Vanadium Market

    20.1. Spain Vanadium Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    20.2. Spain Vanadium Market, Segmentation By Production Process, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    20.3. Spain Vanadium Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    21. Eastern Europe Vanadium Market

    21.1. Eastern Europe Vanadium Market Overview

    21.2. Eastern Europe Vanadium Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    21.3. Eastern Europe Vanadium Market, Segmentation By Production Process, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    21.4. Eastern Europe Vanadium Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    22. Russia Vanadium Market

    22.1. Russia Vanadium Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    22.2. Russia Vanadium Market, Segmentation By Production Process, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    22.3. Russia Vanadium Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    23. North America Vanadium Market

    23.1. North America Vanadium Market Overview

    23.2. North America Vanadium Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    23.3. North America Vanadium Market, Segmentation By Production Process, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    23.4. North America Vanadium Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    24. USA Vanadium Market

    24.1. USA Vanadium Market Overview

    24.2. USA Vanadium Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    24.3. USA Vanadium Market, Segmentation By Production Process, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    24.4. USA Vanadium Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    25. Canada Vanadium Market

    25.1. Canada Vanadium Market Overview

    25.2. Canada Vanadium Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    25.3. Canada Vanadium Market, Segmentation By Production Process, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    25.4. Canada Vanadium Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    26. South America Vanadium Market

    26.1. South America Vanadium Market Overview

    26.2. South America Vanadium Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    26.3. South America Vanadium Market, Segmentation By Production Process, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    26.4. South America Vanadium Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    27. Brazil Vanadium Market

    27.1. Brazil Vanadium Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    27.2. Brazil Vanadium Market, Segmentation By Production Process, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    27.3. Brazil Vanadium Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    28. Middle East Vanadium Market

    28.1. Middle East Vanadium Market Overview

    28.2. Middle East Vanadium Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    28.3. Middle East Vanadium Market, Segmentation By Production Process, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    28.4. Middle East Vanadium Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    29. Africa Vanadium Market

    29.1. Africa Vanadium Market Overview

    29.2. Africa Vanadium Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    29.3. Africa Vanadium Market, Segmentation By Production Process, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    29.4. Africa Vanadium Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    30. Vanadium Market Competitive Landscape And Company Profiles

    30.1. Vanadium Market Competitive Landscape

    30.2. Vanadium Market Company Profiles

    30.2.1. Glencore plc Overview, Products and Services, Strategy and Financial Analysis

    30.2.2. HBIS GROUP Co. Ltd. Overview, Products and Services, Strategy and Financial Analysis

    30.2.3. China Ansteel Group Corporation Limited Overview, Products and Services, Strategy and Financial Analysis

    30.2.4. EVRAZ plc Overview, Products and Services, Strategy and Financial Analysis

    30.2.5. Essel Mining & Industries Limited Overview, Products and Services, Strategy and Financial Analysis

    31. Vanadium Market Other Major And Innovative Companies

    31.1. Ferroglobe PLC

    31.2. Advanced Metallurgical Group (AMG) N.V.

    31.3. Largo Inc.

    31.4. Treibacher Industrie AG

    31.5. Bushveld Minerals Ltd.

    31.6. Gulf Chemical and Metallurgical Corporation

    31.7. Atlantic Ltd.

    31.8. JAYESH Group

    31.9. Hickman Williams & Company

    31.10. Angang Steel Co. Ltd.

    31.11. VanadiumCorp Resource Inc.

    31.12. Meta Materials Inc.

    31.13. Bear Metallurgical Company

    31.14. U.S. Vanadium Holding Company LLC

    31.15. Shenzhen Chinary Co. Ltd.

    32. Global Vanadium Market Competitive Benchmarking And Dashboard

    33. Key Mergers And Acquisitions In The Vanadium Market

    34. Recent Developments In The Vanadium Market

    35. Vanadium Market High Potential Countries, Segments and Strategies

    35.1 Vanadium Market In 2029 - Countries Offering Most New Opportunities

    35.2 Vanadium Market In 2029 - Segments Offering Most New Opportunities

    35.3 Vanadium Market In 2029 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Table 3: Global Vanadium Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 4: Global Vanadium Market, Segmentation By Production Process, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 5: Global Vanadium Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 6: Global Vanadium Market, Segmentation By End-user, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 7: Global Vanadium Market, Sub-Segmentation Of Vanadium Pentoxide, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 8: Global Vanadium Market, Sub-Segmentation Of Vanadium Ferrovanadium, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 9: Global Vanadium Market, Sub-Segmentation Of Aluminum-Vanadium Alloys, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 10: Global Vanadium Market, Sub-Segmentation Of Vanadium Chemicals, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 11: Global Vanadium Market, Sub-Segmentation Of Other Types, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 12: Global Vanadium Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 13: Global Vanadium Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 14: Asia-Pacific, Vanadium Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 15: Asia-Pacific, Vanadium Market, Segmentation By Production Process, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 16: Asia-Pacific, Vanadium Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 17: China, Vanadium Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 18: China, Vanadium Market, Segmentation By Production Process, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 19: China, Vanadium Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 20: India, Vanadium Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 21: India, Vanadium Market, Segmentation By Production Process, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 22: India, Vanadium Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 23: Japan, Vanadium Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 24: Japan, Vanadium Market, Segmentation By Production Process, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 25: Japan, Vanadium Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 26: Australia, Vanadium Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 27: Australia, Vanadium Market, Segmentation By Production Process, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 28: Australia, Vanadium Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 29: Indonesia, Vanadium Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 30: Indonesia, Vanadium Market, Segmentation By Production Process, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 31: Indonesia, Vanadium Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 32: South Korea, Vanadium Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 33: South Korea, Vanadium Market, Segmentation By Production Process, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 34: South Korea, Vanadium Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 35: Western Europe, Vanadium Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 36: Western Europe, Vanadium Market, Segmentation By Production Process, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 37: Western Europe, Vanadium Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 38: UK, Vanadium Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 39: UK, Vanadium Market, Segmentation By Production Process, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 40: UK, Vanadium Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 41: Germany, Vanadium Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 42: Germany, Vanadium Market, Segmentation By Production Process, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 43: Germany, Vanadium Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 44: France, Vanadium Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 45: France, Vanadium Market, Segmentation By Production Process, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 46: France, Vanadium Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 47: Italy, Vanadium Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 48: Italy, Vanadium Market, Segmentation By Production Process, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 49: Italy, Vanadium Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 50: Spain, Vanadium Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 51: Spain, Vanadium Market, Segmentation By Production Process, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 52: Spain, Vanadium Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 53: Eastern Europe, Vanadium Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 54: Eastern Europe, Vanadium Market, Segmentation By Production Process, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 55: Eastern Europe, Vanadium Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 56: Russia, Vanadium Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 57: Russia, Vanadium Market, Segmentation By Production Process, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 58: Russia, Vanadium Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 59: North America, Vanadium Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 60: North America, Vanadium Market, Segmentation By Production Process, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 61: North America, Vanadium Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 62: USA, Vanadium Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 63: USA, Vanadium Market, Segmentation By Production Process, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 64: USA, Vanadium Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 65: Canada, Vanadium Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 66: Canada, Vanadium Market, Segmentation By Production Process, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 67: Canada, Vanadium Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 68: South America, Vanadium Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 69: South America, Vanadium Market, Segmentation By Production Process, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 70: South America, Vanadium Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 71: Brazil, Vanadium Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 72: Brazil, Vanadium Market, Segmentation By Production Process, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 73: Brazil, Vanadium Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 74: Middle East, Vanadium Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 75: Middle East, Vanadium Market, Segmentation By Production Process, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 76: Middle East, Vanadium Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 77: Africa, Vanadium Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 78: Africa, Vanadium Market, Segmentation By Production Process, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 79: Africa, Vanadium Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 80: Glencore plc Financial Performance
  • Table 81: HBIS GROUP Co. Ltd. Financial Performance
  • Table 82: China Ansteel Group Corporation Limited Financial Performance
  • Table 83: EVRAZ plc Financial Performance
  • Table 84: Essel Mining & Industries Limited Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Figure 3: Global Vanadium Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 4: Global Vanadium Market, Segmentation By Production Process, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 5: Global Vanadium Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 6: Global Vanadium Market, Segmentation By End-user, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 7: Global Vanadium Market, Sub-Segmentation Of Vanadium Pentoxide, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 8: Global Vanadium Market, Sub-Segmentation Of Vanadium Ferrovanadium, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 9: Global Vanadium Market, Sub-Segmentation Of Aluminum-Vanadium Alloys, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 10: Global Vanadium Market, Sub-Segmentation Of Vanadium Chemicals, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 11: Global Vanadium Market, Sub-Segmentation Of Other Types, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 12: Global Vanadium Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 13: Global Vanadium Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 14: Asia-Pacific, Vanadium Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 15: Asia-Pacific, Vanadium Market, Segmentation By Production Process, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 16: Asia-Pacific, Vanadium Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 17: China, Vanadium Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 18: China, Vanadium Market, Segmentation By Production Process, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 19: China, Vanadium Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 20: India, Vanadium Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 21: India, Vanadium Market, Segmentation By Production Process, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 22: India, Vanadium Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 23: Japan, Vanadium Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 24: Japan, Vanadium Market, Segmentation By Production Process, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 25: Japan, Vanadium Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 26: Australia, Vanadium Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 27: Australia, Vanadium Market, Segmentation By Production Process, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 28: Australia, Vanadium Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 29: Indonesia, Vanadium Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 30: Indonesia, Vanadium Market, Segmentation By Production Process, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 31: Indonesia, Vanadium Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 32: South Korea, Vanadium Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 33: South Korea, Vanadium Market, Segmentation By Production Process, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 34: South Korea, Vanadium Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 35: Western Europe, Vanadium Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 36: Western Europe, Vanadium Market, Segmentation By Production Process, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 37: Western Europe, Vanadium Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 38: UK, Vanadium Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 39: UK, Vanadium Market, Segmentation By Production Process, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 40: UK, Vanadium Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 41: Germany, Vanadium Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 42: Germany, Vanadium Market, Segmentation By Production Process, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 43: Germany, Vanadium Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 44: France, Vanadium Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 45: France, Vanadium Market, Segmentation By Production Process, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 46: France, Vanadium Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 47: Italy, Vanadium Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 48: Italy, Vanadium Market, Segmentation By Production Process, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 49: Italy, Vanadium Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 50: Spain, Vanadium Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 51: Spain, Vanadium Market, Segmentation By Production Process, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 52: Spain, Vanadium Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 53: Eastern Europe, Vanadium Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 54: Eastern Europe, Vanadium Market, Segmentation By Production Process, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 55: Eastern Europe, Vanadium Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 56: Russia, Vanadium Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 57: Russia, Vanadium Market, Segmentation By Production Process, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 58: Russia, Vanadium Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 59: North America, Vanadium Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 60: North America, Vanadium Market, Segmentation By Production Process, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 61: North America, Vanadium Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 62: USA, Vanadium Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 63: USA, Vanadium Market, Segmentation By Production Process, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 64: USA, Vanadium Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 65: Canada, Vanadium Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 66: Canada, Vanadium Market, Segmentation By Production Process, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 67: Canada, Vanadium Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 68: South America, Vanadium Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 69: South America, Vanadium Market, Segmentation By Production Process, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 70: South America, Vanadium Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 71: Brazil, Vanadium Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 72: Brazil, Vanadium Market, Segmentation By Production Process, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 73: Brazil, Vanadium Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 74: Middle East, Vanadium Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 75: Middle East, Vanadium Market, Segmentation By Production Process, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 76: Middle East, Vanadium Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 77: Africa, Vanadium Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 78: Africa, Vanadium Market, Segmentation By Production Process, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 79: Africa, Vanadium Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 80: Glencore plc Financial Performance
  • Figure 81: HBIS GROUP Co. Ltd. Financial Performance
  • Figure 82: China Ansteel Group Corporation Limited Financial Performance
  • Figure 83: EVRAZ plc Financial Performance
  • Figure 84: Essel Mining & Industries Limited Financial Performance
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Frequently Asked Questions

What is the definition of the Vanadium market?

Vanadium is a metallic element obtained from minerals as a light-gray powder with a silvery luster or as a ductile metal and they have low neutron-absorbing properties. Vanadium is often used as an alloying element in steel, imparting strength, toughness and corrosion resistance. For further insights on the Vanadium market, request a sample here

How will the Vanadium market drivers and restraints affect the market dynamics? What forces will shape the Vanadium industry going forward?

The Vanadium market major growth driver - Surging Demand For Large-Scale Energy Storage Powers Growth In The Vanadium Market. For further insights on the Vanadium market, request a sample here

What is the forecast market size or the forecast market value of the Vanadium market?

The Vanadium market size has grown strongly in recent years. The vanadium market size has grown strongly in recent years. It will grow from $2.47 billion in 2024 to $2.62 billion in 2025 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to steel and alloy production, battery technologies, urbanization and infrastructure growth, renewable energy. The vanadium market size is expected to see strong growth in the next few years. It will grow to $3.28 billion in 2029 at a compound annual growth rate (CAGR) of 5.8%. The growth in the forecast period can be attributed to green energy transition, e-mobility, infrastructure investments, space exploration. Major trends in the forecast period include vanadium recycling, vanadium nitride batteries, vanadium in aerospace, energy storage integration. For further insights on the Vanadium market, request a sample here

How is the Vanadium market segmented?

The vanadium market covered in this report is segmented –
1) By Type: Vanadium Pentoxide, Vanadium Ferrovanadium, Aluminum-Vanadium Alloys, Vanadium Chemicals, Other Types
2) By Production Process: Aluminothermic Reduction Technique, Silicon Reduction Technique
3) By Application: Iron And Steel, Chemical, Titanium Alloys, Other Applications
4) By End-user: Automotive, Chemical, Energy Storage, Other End-Users Subsegments:
1) By Vanadium Pentoxide: Chemical Grade, Metallurgical Grade
2) By Vanadium Ferrovanadium: Low-Vanadium Ferrovanadium, High-Vanadium Ferrovanadium
3) By Aluminum-Vanadium Alloys: Aluminum-Vanadium Alloys with High Vanadium Content, Aluminum-Vanadium Alloys With Low Vanadium Content
4) By Vanadium Chemicals: Vanadyl Sulfate, Vanadium Chloride, Vanadium Trioxide
5) By Other Types: Vanadium Recovery Products, Vanadium Oxide For further insights on the Vanadium market,
request a sample here

Which region has the largest share of the Vanadium market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the vanadium market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in vanadium market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. For further insights on the Vanadium market, request a sample here.

Who are the major players in the Vanadium market?

Major companies operating in the vanadium market are Glencore PLC, HBIS GROUP Co. Ltd., China Ansteel Group Corporation Limited, EVRAZ PLC, Essel Mining & Industries Limited, Ferroglobe PLC, Advanced Metallurgical Group (AMG) N.V., Largo Inc., Treibacher Industrie AG, Bushveld Minerals Ltd., Gulf Chemical and Metallurgical Corporation, Atlantic Ltd., JAYESH Group, Hickman Williams & Company, Angang Steel Co. Ltd., VanadiumCorp Resource Inc., Meta Materials Inc., Bear Metallurgical Company, U.S. Vanadium Holding Company LLC, Shenzhen Chinary Co. Ltd., Core Metals LLC, YILMADEN HOLDING Inc., Tremond Metals Corp., Australian Vanadium Limited, Otto Chemie Pvt Ltd.. For further insights on the Vanadium market, request a sample here.

What are the key trends in the Vanadium market?

Major trends in the Vanadium market include Rising Focus Towards Product Advancement To Attain Maximum Revenues. For further insights on the Vanadium market, request a sample here.

What are the major opportunities in the Vanadium market? What are the strategies for the Vanadium market?

For detailed insights on the major opportunities and strategies in the Vanadium market, request a sample here.

How does the Vanadium market relate to the overall economy and other similar markets?

For detailed insights on Vanadium's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the Vanadium industry?

For detailed insights on the mergers and acquisitions in the Vanadium industry, request a sample here.

What are the key dynamics influencing the Vanadium market growth? SWOT analysis of the Vanadium market.

For detailed insights on the key dynamics influencing the Vanadium market growth and SWOT analysis of the Vanadium industry, request a sample here.