Vanadium Market Size is projected to exceed 100 kilo tons by the end of 2025

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.

Get sample of the report that offers all the key insights @ https://www.adroitmarketresearch.com/contacts/request-sample/825

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.

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.

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.

You know the Vanadium Industry is growing. But do you know what it is becoming? https://adroitmarketresearch.com/industry-reports/vanadium-market

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.

Key Segments of the Global Vanadium Market Report

Application Overview, 2014 - 2025 (Tons) (USD Million)

• Iron & steel
• Chemical
• Energy storage
• Titanium alloys

Regional Overview, 2014 - 2025 (Tons) (USD Million)

• North America
• U.S.
• Rest of North America
• Europe
• Germany
• Italy
• Russia
• Rest of Europe
• Asia-Pacific
• China
• Japan
• India
• Rest of Asia Pacific
• South America
• Middle East & Africa

To know the more insights of individual segments, get in touch with the analyst @ https://adroitmarketresearch.com/contacts/enquiry-before-buying/825

About Adroit Market Research:

Adroit Market Research provide quantified B2B research on numerous opportunistic markets, and offer customized research reports, consulting services, and syndicate research reports. We assist our clients to strategize business decisions and attain sustainable growth in their respective domain. Additionally, we support them with their revenue planning, marketing strategies, and assist them to make decisions before the competition so that they remain ahead of the curve.

Contact Information:

Ryan Johnson

Account Manager Global

3131 McKinney Ave Ste 600, Dallas,

TX75204, U.S.A.

Phone No.: USA: +1 (214) 884-6068 / +91 9665341414

Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018.