Global High-Purity Vanadium Pentoxide Supply, Demand and Key Producers, 2026-2032

The global High-Purity Vanadium Pentoxide market size is expected to reach $ 351 million by 2032, rising at a market growth of 3.1% CAGR during the forecast period (2026-2032).

Vanadium Pentoxide is the inorganic compound with the formula V2O5. It is a brown/yellow solid, although when freshly precipitated from aqueous solution, its color is deep orange. Because of its high oxidation state, it is both an amphoteric oxide and an oxidizing agent. From the industrial perspective, it is the most important compound of vanadium, being principal precursor to alloys of vanadium and is a widely used industrial catalyst.

High-purity Vanadium Pentoxide is a vanadium product with V2O5 content greater than 99%. A typical “technical grade” vanadium pentoxide specification may call for material to be 99.2% pure with modest limits of trace elements including iron, potassium, sodium and silicon. In some applications for “high purity” vanadium pentoxide, the V2O5 content of the material, as well as, the particle size and particle morphology are very important.

The High-purity Vanadium Pentoxide market covers Min.99% V2O5, Min.99.5% V2O5, etc. The typical players include U.S. Vanadium LLC, HBIS Group, etc.

The classification of High-purity Vanadium Pentoxide includes min.99.5% V2O5, min.99% V2O5, min. 99.9% V2O5. The proportion of min. 99.5% V2O5 was about 71%, min.99% V2O5 segment sales share was about 26% of total market.

High-purity Vanadium Pentoxide is widely used in Metallurgy/Steelmaking, Chemical Catalyst, Vanadium Cell/VRB and other Industries. The most proportion of High-purity Vanadium Pentoxide is used in Metallurgy/Steelmaking segment, about 48% global sales share.

Asia-Pacific is the largest consumption region, with a consumption market share nearly 45%. Following APAC, Europe is the second largest consumption place with the consumption market share of 27%.

Market concentration is high and competition is intense. U.S. Vanadium LLC, HBIS Group, Hunan Huifeng High Energy Co., Ltd and Suzhou Donghua Fangui Co.Ltd. are the leaders in High-purity Vanadium Pentoxide industry, with about 48% market shares.

This report studies the global High-Purity Vanadium Pentoxide production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for High-Purity Vanadium Pentoxide and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of High-Purity Vanadium Pentoxide that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global High-Purity Vanadium Pentoxide total production and demand, 2021-2032, (K MT)

Global High-Purity Vanadium Pentoxide total production value, 2021-2032, (USD Million)

Global High-Purity Vanadium Pentoxide production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (K MT), (based on production site)

Global High-Purity Vanadium Pentoxide consumption by region & country, CAGR, 2021-2032 & (K MT)

U.S. VS China: High-Purity Vanadium Pentoxide domestic production, consumption, key domestic manufacturers and share

Global High-Purity Vanadium Pentoxide production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (K MT)

Global High-Purity Vanadium Pentoxide production by Purity, production, value, CAGR, 2021-2032, (USD Million) & (K MT)

Global High-Purity Vanadium Pentoxide production by Application, production, value, CAGR, 2021-2032, (USD Million) & (K MT)

This report profiles key players in the global High-Purity Vanadium Pentoxide market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include U.S. Vanadium LLC, GfE, HBIS Group, Suzhou Donghua Fangui Co.Ltd., Liaoyang Hengye Chemical Co., Ltd., Hunan Huifeng High Energy Co., Ltd, Hunan Sanfeng Vanadium Industry Co., Ltd, BaiChuan Vanadium Industry, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World High-Purity Vanadium Pentoxide market

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K MT) and average price (USD/MT) by manufacturer, by Purity, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.

Global High-Purity Vanadium Pentoxide Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global High-Purity Vanadium Pentoxide Market, Segmentation by Purity:
Min.99.5% V2O5
Min.99% V2O5
Min.99.9% V2O5

Global High-Purity Vanadium Pentoxide Market, Segmentation by Application:
Metallurgy/Steelmaking
Chemical Catalyst
Vanadium Cell/VRB
Others

Companies Profiled:
U.S. Vanadium LLC
GfE
HBIS Group
Suzhou Donghua Fangui Co.Ltd.
Liaoyang Hengye Chemical Co., Ltd.
Hunan Huifeng High Energy Co., Ltd
Hunan Sanfeng Vanadium Industry Co., Ltd
BaiChuan Vanadium Industry

Key Questions Answered:

1. How big is the global High-Purity Vanadium Pentoxide market?

2. What is the demand of the global High-Purity Vanadium Pentoxide market?

3. What is the year over year growth of the global High-Purity Vanadium Pentoxide market?

4. What is the production and production value of the global High-Purity Vanadium Pentoxide market?

5. Who are the key producers in the global High-Purity Vanadium Pentoxide market?

6. What are the growth factors driving the market demand? Show more