Global Vanadium Market Outlook and Growth Opportunities 2025

Summary

According to APO Research, the global Vanadium market is projected to grow from US$ million in 2025 to US$ million by 2031, at a compound annual growth rate (CAGR) of % during the forecast period.

The North American market for Vanadium is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

The Asia-Pacific market for Vanadium is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

In China, the Vanadium market is expected to rise from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

The Europe market for Vanadium is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

Major global companies in the Vanadium market include Hesteel Group, Pangang Group Vanadium and Titanium Resources Co.,Ltd., Desheng Group, Chengyu Vanadium & Titanium Technology Co., Ltd., Evraz, Glencore, Largo Inc., Treibacher Industrie and Beijing Jianlong Heavy Industry Group Co., Ltd., etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.

This report presents an overview of global market for Vanadium, sales, revenue and price. Analyses of the global market trends, with historic market revenue or sales data for 2020 - 2024, estimates for 2025, and projections of CAGR through 2031.

This report researches the key producers of Vanadium, also provides the sales of main regions and countries. Of the upcoming market potential for Vanadium, and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the Vanadium sales, revenue, market share and industry ranking of main manufacturers, data from 2020 to 2025. Identification of the major stakeholders in the global Vanadium market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2020 to 2031. Evaluation and forecast the market size for Vanadium sales, projected growth trends, production technology, application and end-user industry.

Vanadium Segment by Company

Hesteel Group
Pangang Group Vanadium and Titanium Resources Co.,Ltd.
Desheng Group
Chengyu Vanadium & Titanium Technology Co., Ltd.
Evraz
Glencore
Largo Inc.
Treibacher Industrie
Beijing Jianlong Heavy Industry Group Co., Ltd.
Bushveld Minerals
Vanadium Segment by Type

Vanadium Titanium Magnetite
Vanadium Slag
Vanadium-containing Secondary Resource
Vanadium Segment by Application

Chemical Industrial
Steel Industrial
Vanadium Alloys
Energy Storage
Vanadium Segment by Region

North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries

Study Objectives

1. To analyze and research the global Vanadium status and future forecast, involving, sales, revenue, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, sales, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions Vanadium market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify Vanadium significant trends, drivers, influence factors in global and regions.
6. To analyze Vanadium competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Vanadium market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Vanadium and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in sales and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Vanadium.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Provides an overview of the Vanadium market, including product definition, global market growth prospects, sales value, sales volume, and average price forecasts (2020-2031).
Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Vanadium industry.
Chapter 3: Detailed analysis of Vanadium manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales and value of Vanadium in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Sales and value of Vanadium in country level. It provides sigmate data by type, and by application for each country/region.
Chapter 8: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Concluding Insights.

Please Note: Single-User license will be delivered via PDF from the publisher without the rights to print or to edit.


1 Market Overview
1.1 Product Definition
1.2 Global Market Growth Prospects
1.2.1 Global Vanadium Sales Value (2020-2031)
1.2.2 Global Vanadium Sales Volume (2020-2031)
1.2.3 Global Vanadium Sales Average Price (2020-2031)
1.3 Assumptions and Limitations
1.4 Study Goals and Objectives
2 Vanadium Market Dynamics
2.1 Vanadium Industry Trends
2.2 Vanadium Industry Drivers
2.3 Vanadium Industry Opportunities and Challenges
2.4 Vanadium Industry Restraints
3 Vanadium Market by Company
3.1 Global Vanadium Company Revenue Ranking in 2024
3.2 Global Vanadium Revenue by Company (2020-2025)
3.3 Global Vanadium Sales Volume by Company (2020-2025)
3.4 Global Vanadium Average Price by Company (2020-2025)
3.5 Global Vanadium Company Ranking (2023-2025)
3.6 Global Vanadium Company Manufacturing Base and Headquarters
3.7 Global Vanadium Company Product Type and Application
3.8 Global Vanadium Company Establishment Date
3.9 Market Competitive Analysis
3.9.1 Global Vanadium Market Concentration Ratio (CR5 and HHI)
3.9.2 Global Top 5 and 10 Company Market Share by Revenue in 2024
3.9.3 2024 Vanadium Tier 1, Tier 2, and Tier 3 Companies
3.10 Mergers and Acquisitions Expansion
4 Vanadium Market by Type
4.1 Vanadium Type Introduction
4.1.1 Vanadium Titanium Magnetite
4.1.2 Vanadium Slag
4.1.3 Vanadium-containing Secondary Resource
4.2 Global Vanadium Sales Volume by Type
4.2.1 Global Vanadium Sales Volume by Type (2020 VS 2024 VS 2031)
4.2.2 Global Vanadium Sales Volume by Type (2020-2031)
4.2.3 Global Vanadium Sales Volume Share by Type (2020-2031)
4.3 Global Vanadium Sales Value by Type
4.3.1 Global Vanadium Sales Value by Type (2020 VS 2024 VS 2031)
4.3.2 Global Vanadium Sales Value by Type (2020-2031)
4.3.3 Global Vanadium Sales Value Share by Type (2020-2031)
5 Vanadium Market by Application
5.1 Vanadium Application Introduction
5.1.1 Chemical Industrial
5.1.2 Steel Industrial
5.1.3 Vanadium Alloys
5.1.4 Energy Storage
5.2 Global Vanadium Sales Volume by Application
5.2.1 Global Vanadium Sales Volume by Application (2020 VS 2024 VS 2031)
5.2.2 Global Vanadium Sales Volume by Application (2020-2031)
5.2.3 Global Vanadium Sales Volume Share by Application (2020-2031)
5.3 Global Vanadium Sales Value by Application
5.3.1 Global Vanadium Sales Value by Application (2020 VS 2024 VS 2031)
5.3.2 Global Vanadium Sales Value by Application (2020-2031)
5.3.3 Global Vanadium Sales Value Share by Application (2020-2031)
6 Vanadium Regional Sales and Value Analysis
6.1 Global Vanadium Sales by Region: 2020 VS 2024 VS 2031
6.2 Global Vanadium Sales by Region (2020-2031)
6.2.1 Global Vanadium Sales by Region: 2020-2025
6.2.2 Global Vanadium Sales by Region (2026-2031)
6.3 Global Vanadium Sales Value by Region: 2020 VS 2024 VS 2031
6.4 Global Vanadium Sales Value by Region (2020-2031)
6.4.1 Global Vanadium Sales Value by Region: 2020-2025
6.4.2 Global Vanadium Sales Value by Region (2026-2031)
6.5 Global Vanadium Market Price Analysis by Region (2020-2025)
6.6 North America
6.6.1 North America Vanadium Sales Value (2020-2031)
6.6.2 North America Vanadium Sales Value Share by Country, 2024 VS 2031
6.7 Europe
6.7.1 Europe Vanadium Sales Value (2020-2031)
6.7.2 Europe Vanadium Sales Value Share by Country, 2024 VS 2031
6.8 Asia-Pacific
6.8.1 Asia-Pacific Vanadium Sales Value (2020-2031)
6.8.2 Asia-Pacific Vanadium Sales Value Share by Country, 2024 VS 2031
6.9 South America
6.9.1 South America Vanadium Sales Value (2020-2031)
6.9.2 South America Vanadium Sales Value Share by Country, 2024 VS 2031
6.10 Middle East & Africa
6.10.1 Middle East & Africa Vanadium Sales Value (2020-2031)
6.10.2 Middle East & Africa Vanadium Sales Value Share by Country, 2024 VS 2031
7 Vanadium Country-level Sales and Value Analysis
7.1 Global Vanadium Sales by Country: 2020 VS 2024 VS 2031
7.2 Global Vanadium Sales Value by Country: 2020 VS 2024 VS 2031
7.3 Global Vanadium Sales by Country (2020-2031)
7.3.1 Global Vanadium Sales by Country (2020-2025)
7.3.2 Global Vanadium Sales by Country (2026-2031)
7.4 Global Vanadium Sales Value by Country (2020-2031)
7.4.1 Global Vanadium Sales Value by Country (2020-2025)
7.4.2 Global Vanadium Sales Value by Country (2026-2031)
7.5 USA
7.5.1 USA Vanadium Sales Value Growth Rate (2020-2031)
7.5.2 USA Vanadium Sales Value Share by Type, 2024 VS 2031
7.5.3 USA Vanadium Sales Value Share by Application, 2024 VS 2031
7.6 Canada
7.6.1 Canada Vanadium Sales Value Growth Rate (2020-2031)
7.6.2 Canada Vanadium Sales Value Share by Type, 2024 VS 2031
7.6.3 Canada Vanadium Sales Value Share by Application, 2024 VS 2031
7.7 Mexico
7.6.1 Mexico Vanadium Sales Value Growth Rate (2020-2031)
7.6.2 Mexico Vanadium Sales Value Share by Type, 2024 VS 2031
7.6.3 Mexico Vanadium Sales Value Share by Application, 2024 VS 2031
7.8 Germany
7.8.1 Germany Vanadium Sales Value Growth Rate (2020-2031)
7.8.2 Germany Vanadium Sales Value Share by Type, 2024 VS 2031
7.8.3 Germany Vanadium Sales Value Share by Application, 2024 VS 2031
7.9 France
7.9.1 France Vanadium Sales Value Growth Rate (2020-2031)
7.9.2 France Vanadium Sales Value Share by Type, 2024 VS 2031
7.9.3 France Vanadium Sales Value Share by Application, 2024 VS 2031
7.10 U.K.
7.10.1 U.K. Vanadium Sales Value Growth Rate (2020-2031)
7.10.2 U.K. Vanadium Sales Value Share by Type, 2024 VS 2031
7.10.3 U.K. Vanadium Sales Value Share by Application, 2024 VS 2031
7.11 Italy
7.11.1 Italy Vanadium Sales Value Growth Rate (2020-2031)
7.11.2 Italy Vanadium Sales Value Share by Type, 2024 VS 2031
7.11.3 Italy Vanadium Sales Value Share by Application, 2024 VS 2031
7.12 Spain
7.12.1 Spain Vanadium Sales Value Growth Rate (2020-2031)
7.12.2 Spain Vanadium Sales Value Share by Type, 2024 VS 2031
7.12.3 Spain Vanadium Sales Value Share by Application, 2024 VS 2031
7.13 Russia
7.13.1 Russia Vanadium Sales Value Growth Rate (2020-2031)
7.13.2 Russia Vanadium Sales Value Share by Type, 2024 VS 2031
7.13.3 Russia Vanadium Sales Value Share by Application, 2024 VS 2031
7.14 Netherlands
7.14.1 Netherlands Vanadium Sales Value Growth Rate (2020-2031)
7.14.2 Netherlands Vanadium Sales Value Share by Type, 2024 VS 2031
7.14.3 Netherlands Vanadium Sales Value Share by Application, 2024 VS 2031
7.15 Nordic Countries
7.15.1 Nordic Countries Vanadium Sales Value Growth Rate (2020-2031)
7.15.2 Nordic Countries Vanadium Sales Value Share by Type, 2024 VS 2031
7.15.3 Nordic Countries Vanadium Sales Value Share by Application, 2024 VS 2031
7.16 China
7.16.1 China Vanadium Sales Value Growth Rate (2020-2031)
7.16.2 China Vanadium Sales Value Share by Type, 2024 VS 2031
7.16.3 China Vanadium Sales Value Share by Application, 2024 VS 2031
7.17 Japan
7.17.1 Japan Vanadium Sales Value Growth Rate (2020-2031)
7.17.2 Japan Vanadium Sales Value Share by Type, 2024 VS 2031
7.17.3 Japan Vanadium Sales Value Share by Application, 2024 VS 2031
7.18 South Korea
7.18.1 South Korea Vanadium Sales Value Growth Rate (2020-2031)
7.18.2 South Korea Vanadium Sales Value Share by Type, 2024 VS 2031
7.18.3 South Korea Vanadium Sales Value Share by Application, 2024 VS 2031
7.19 India
7.19.1 India Vanadium Sales Value Growth Rate (2020-2031)
7.19.2 India Vanadium Sales Value Share by Type, 2024 VS 2031
7.19.3 India Vanadium Sales Value Share by Application, 2024 VS 2031
7.20 Australia
7.20.1 Australia Vanadium Sales Value Growth Rate (2020-2031)
7.20.2 Australia Vanadium Sales Value Share by Type, 2024 VS 2031
7.20.3 Australia Vanadium Sales Value Share by Application, 2024 VS 2031
7.21 Southeast Asia
7.21.1 Southeast Asia Vanadium Sales Value Growth Rate (2020-2031)
7.21.2 Southeast Asia Vanadium Sales Value Share by Type, 2024 VS 2031
7.21.3 Southeast Asia Vanadium Sales Value Share by Application, 2024 VS 2031
7.22 Brazil
7.22.1 Brazil Vanadium Sales Value Growth Rate (2020-2031)
7.22.2 Brazil Vanadium Sales Value Share by Type, 2024 VS 2031
7.22.3 Brazil Vanadium Sales Value Share by Application, 2024 VS 2031
7.23 Argentina
7.23.1 Argentina Vanadium Sales Value Growth Rate (2020-2031)
7.23.2 Argentina Vanadium Sales Value Share by Type, 2024 VS 2031
7.23.3 Argentina Vanadium Sales Value Share by Application, 2024 VS 2031
7.24 Chile
7.24.1 Chile Vanadium Sales Value Growth Rate (2020-2031)
7.24.2 Chile Vanadium Sales Value Share by Type, 2024 VS 2031
7.24.3 Chile Vanadium Sales Value Share by Application, 2024 VS 2031
7.25 Colombia
7.25.1 Colombia Vanadium Sales Value Growth Rate (2020-2031)
7.25.2 Colombia Vanadium Sales Value Share by Type, 2024 VS 2031
7.25.3 Colombia Vanadium Sales Value Share by Application, 2024 VS 2031
7.26 Peru
7.26.1 Peru Vanadium Sales Value Growth Rate (2020-2031)
7.26.2 Peru Vanadium Sales Value Share by Type, 2024 VS 2031
7.26.3 Peru Vanadium Sales Value Share by Application, 2024 VS 2031
7.27 Saudi Arabia
7.27.1 Saudi Arabia Vanadium Sales Value Growth Rate (2020-2031)
7.27.2 Saudi Arabia Vanadium Sales Value Share by Type, 2024 VS 2031
7.27.3 Saudi Arabia Vanadium Sales Value Share by Application, 2024 VS 2031
7.28 Israel
7.28.1 Israel Vanadium Sales Value Growth Rate (2020-2031)
7.28.2 Israel Vanadium Sales Value Share by Type, 2024 VS 2031
7.28.3 Israel Vanadium Sales Value Share by Application, 2024 VS 2031
7.29 UAE
7.29.1 UAE Vanadium Sales Value Growth Rate (2020-2031)
7.29.2 UAE Vanadium Sales Value Share by Type, 2024 VS 2031
7.29.3 UAE Vanadium Sales Value Share by Application, 2024 VS 2031
7.30 Turkey
7.30.1 Turkey Vanadium Sales Value Growth Rate (2020-2031)
7.30.2 Turkey Vanadium Sales Value Share by Type, 2024 VS 2031
7.30.3 Turkey Vanadium Sales Value Share by Application, 2024 VS 2031
7.31 Iran
7.31.1 Iran Vanadium Sales Value Growth Rate (2020-2031)
7.31.2 Iran Vanadium Sales Value Share by Type, 2024 VS 2031
7.31.3 Iran Vanadium Sales Value Share by Application, 2024 VS 2031
7.32 Egypt
7.32.1 Egypt Vanadium Sales Value Growth Rate (2020-2031)
7.32.2 Egypt Vanadium Sales Value Share by Type, 2024 VS 2031
7.32.3 Egypt Vanadium Sales Value Share by Application, 2024 VS 2031
8 Company Profiles
8.1 Hesteel Group
8.1.1 Hesteel Group Comapny Information
8.1.2 Hesteel Group Business Overview
8.1.3 Hesteel Group Vanadium Sales, Value and Gross Margin (2020-2025)
8.1.4 Hesteel Group Vanadium Product Portfolio
8.1.5 Hesteel Group Recent Developments
8.2 Pangang Group Vanadium and Titanium Resources Co.,Ltd.
8.2.1 Pangang Group Vanadium and Titanium Resources Co.,Ltd. Comapny Information
8.2.2 Pangang Group Vanadium and Titanium Resources Co.,Ltd. Business Overview
8.2.3 Pangang Group Vanadium and Titanium Resources Co.,Ltd. Vanadium Sales, Value and Gross Margin (2020-2025)
8.2.4 Pangang Group Vanadium and Titanium Resources Co.,Ltd. Vanadium Product Portfolio
8.2.5 Pangang Group Vanadium and Titanium Resources Co.,Ltd. Recent Developments
8.3 Desheng Group
8.3.1 Desheng Group Comapny Information
8.3.2 Desheng Group Business Overview
8.3.3 Desheng Group Vanadium Sales, Value and Gross Margin (2020-2025)
8.3.4 Desheng Group Vanadium Product Portfolio
8.3.5 Desheng Group Recent Developments
8.4 Chengyu Vanadium & Titanium Technology Co., Ltd.
8.4.1 Chengyu Vanadium & Titanium Technology Co., Ltd. Comapny Information
8.4.2 Chengyu Vanadium & Titanium Technology Co., Ltd. Business Overview
8.4.3 Chengyu Vanadium & Titanium Technology Co., Ltd. Vanadium Sales, Value and Gross Margin (2020-2025)
8.4.4 Chengyu Vanadium & Titanium Technology Co., Ltd. Vanadium Product Portfolio
8.4.5 Chengyu Vanadium & Titanium Technology Co., Ltd. Recent Developments
8.5 Evraz
8.5.1 Evraz Comapny Information
8.5.2 Evraz Business Overview
8.5.3 Evraz Vanadium Sales, Value and Gross Margin (2020-2025)
8.5.4 Evraz Vanadium Product Portfolio
8.5.5 Evraz Recent Developments
8.6 Glencore
8.6.1 Glencore Comapny Information
8.6.2 Glencore Business Overview
8.6.3 Glencore Vanadium Sales, Value and Gross Margin (2020-2025)
8.6.4 Glencore Vanadium Product Portfolio
8.6.5 Glencore Recent Developments
8.7 Largo Inc.
8.7.1 Largo Inc. Comapny Information
8.7.2 Largo Inc. Business Overview
8.7.3 Largo Inc. Vanadium Sales, Value and Gross Margin (2020-2025)
8.7.4 Largo Inc. Vanadium Product Portfolio
8.7.5 Largo Inc. Recent Developments
8.8 Treibacher Industrie
8.8.1 Treibacher Industrie Comapny Information
8.8.2 Treibacher Industrie Business Overview
8.8.3 Treibacher Industrie Vanadium Sales, Value and Gross Margin (2020-2025)
8.8.4 Treibacher Industrie Vanadium Product Portfolio
8.8.5 Treibacher Industrie Recent Developments
8.9 Beijing Jianlong Heavy Industry Group Co., Ltd.
8.9.1 Beijing Jianlong Heavy Industry Group Co., Ltd. Comapny Information
8.9.2 Beijing Jianlong Heavy Industry Group Co., Ltd. Business Overview
8.9.3 Beijing Jianlong Heavy Industry Group Co., Ltd. Vanadium Sales, Value and Gross Margin (2020-2025)
8.9.4 Beijing Jianlong Heavy Industry Group Co., Ltd. Vanadium Product Portfolio
8.9.5 Beijing Jianlong Heavy Industry Group Co., Ltd. Recent Developments
8.10 Bushveld Minerals
8.10.1 Bushveld Minerals Comapny Information
8.10.2 Bushveld Minerals Business Overview
8.10.3 Bushveld Minerals Vanadium Sales, Value and Gross Margin (2020-2025)
8.10.4 Bushveld Minerals Vanadium Product Portfolio
8.10.5 Bushveld Minerals Recent Developments
9 Value Chain and Sales Channels Analysis
9.1 Vanadium Value Chain Analysis
9.1.1 Vanadium Key Raw Materials
9.1.2 Raw Materials Key Suppliers
9.1.3 Manufacturing Cost Structure
9.1.4 Vanadium Sales Mode & Process
9.2 Vanadium Sales Channels Analysis
9.2.1 Direct Comparison with Distribution Share
9.2.2 Vanadium Distributors
9.2.3 Vanadium Customers
10 Concluding Insights
11 Appendix
11.1 Reasons for Doing This Study
11.2 Research Methodology
11.3 Research Process
11.4 Authors List of This Report
11.5 Data Source
11.5.1 Secondary Sources
11.5.2 Primary Sources

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