Global Vanadium (CAS 7440-62-2) Market Research Report, Competitive, Technology and Forecast Analysis 2025-2032

Market Overview

According to DIResearch＇s in-depth investigation and research, the global Vanadium (CAS 7440-62-2) market size will reach 5,339.82 Million USD in 2025 and is projected to reach 8,625.20 Million USD by 2032, with a CAGR of 7.09% (2025-2032). Notably, the China Vanadium (CAS 7440-62-2) market has changed rapidly in the past few years. By 2025, China＇s market size is expected to be  Million USD, representing approximately  % of the global market share.

Research Summary

Vanadium (CAS 7440-62-2) is a chemical element with the symbol ＂V＂ and atomic number 23. It is a transition metal with a silvery-gray appearance and is commonly found in various minerals, including vanadinite, patronite, and carnotite. Vanadium is widely used in industry and technology due to its unique properties. It is a strong and corrosion-resistant metal, making it valuable in the production of high-strength steel alloys for applications like tools, construction materials, and aerospace components. Vanadium compounds are also used as catalysts in chemical reactions, particularly in the production of sulfuric acid and certain petrochemical processes. Additionally, vanadium-based energy storage systems, such as vanadium redox flow batteries (VRFBs), are being developed as a means of storing renewable energy for grid-scale applications. Vanadium has various biological roles as well, being present in trace amounts in certain foods and serving as a cofactor for enzymes involved in cellular metabolism.

The major global  manufacturers of Vanadium (CAS 7440-62-2) include EVRAZ KGOK, Pangang Group, China Vanadium Titano-Magnetite Mining, Synergy Group, Beijing Jianlong, Desheng Group, Tranvic Group, Huayuan, Largo Resources, AMG Vanadium, Bushveld Minerals, VanadiumCorp, Australian Vanadium, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.

This report studies the market size, price trends and future development prospects of Vanadium (CAS 7440-62-2). Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Vanadium (CAS 7440-62-2) market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.

The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Vanadium (CAS 7440-62-2) market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Vanadium (CAS 7440-62-2) industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.    

The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.

Global Key Manufacturers of Vanadium (CAS 7440-62-2) Include:

EVRAZ KGOK

Pangang Group

China Vanadium Titano-Magnetite Mining

Synergy Group

Beijing Jianlong

Desheng Group

Tranvic Group

Huayuan

Largo Resources

AMG Vanadium

Bushveld Minerals

VanadiumCorp

Australian Vanadium

Vanadium (CAS 7440-62-2) Product Segment Include:

Vanadium Slag

Petroleum Residue and Canadium-containing Spent Catalyst

Others

Vanadium (CAS 7440-62-2) Product Application Include:

Carbon Steel

Low-alloy Steel

High Alloy Steel

Tool Steel

Non-ferrous Alloy

Chapter Scope

Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend

Chapter 2: Global Vanadium (CAS 7440-62-2) Capacity and Production Analysis

Chapter 3: Global Vanadium (CAS 7440-62-2) Industry PESTEL Analysis

Chapter 4: Global Vanadium (CAS 7440-62-2) Industry Porter's Five Forces Analysis

Chapter 5: Global Vanadium (CAS 7440-62-2) Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis

Chapter 6: Global Vanadium (CAS 7440-62-2) Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)

Chapter 7: Global Vanadium (CAS 7440-62-2) Sales, Revenue, Price and Forecast by Product Type

Chapter 8: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)

Chapter 9: Industrial Chain Analysis, Vanadium (CAS 7440-62-2) Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis

Chapter 10: Research Findings and Conclusion

Chapter 11: Methodology and Data Sources Show more