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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.
This report contains market size and forecasts of High-Purity Vanadium Pentoxide in global, including the following market information:
Global High-Purity Vanadium Pentoxide Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global High-Purity Vanadium Pentoxide Market Sales, 2017-2022, 2023-2028, (MT)
Global top five High-Purity Vanadium Pentoxide companies in 2021 (%)
The global High-Purity Vanadium Pentoxide market was valued at 259.3 million in 2021 and is projected to reach US$ 320.3 million by 2028, at a CAGR of 3.1% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Min.99.5% V2O5 Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of High-Purity Vanadium Pentoxide 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 and BaiChuan Vanadium Industry, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the High-Purity Vanadium Pentoxide manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global High-Purity Vanadium Pentoxide Market, by Purity, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global High-Purity Vanadium Pentoxide Market Segment Percentages, by Purity, 2021 (%)
– Min.99.5% V2O5
– Min.99% V2O5
– Min.99.9% V2O5
Global High-Purity Vanadium Pentoxide Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global High-Purity Vanadium Pentoxide Market Segment Percentages, by Application, 2021 (%)
– Chemical Catalyst
– Vanadium Cell/VRB
Global High-Purity Vanadium Pentoxide Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global High-Purity Vanadium Pentoxide Market Segment Percentages, By Region and Country, 2021 (%)
– North America
– – US
– – Canada
– – Mexico
– – Germany
– – France
– – U.K.
– – Italy
– – Russia
– – Nordic Countries
– – Benelux
– – Rest of Europe
– – China
– – Japan
– – South Korea
– – Southeast Asia
– – India
– – Rest of Asia
– South America
– – Brazil
– – Argentina
– – Rest of South America
– Middle East & Africa
– – Turkey
– – Israel
– – Saudi Arabia
– – UAE
– – Rest of Middle East & Africa
The report also provides analysis of leading market participants including:
Key companies High-Purity Vanadium Pentoxide revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies High-Purity Vanadium Pentoxide revenues share in global market, 2021 (%)
Key companies High-Purity Vanadium Pentoxide sales in global market, 2017-2022 (Estimated), (MT)
Key companies High-Purity Vanadium Pentoxide sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
– U.S. Vanadium LLC
– 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
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