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Global Vanadium Alloy Market Outlook 2025

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    Report

  • 219 Pages
  • October 2018
  • Region: Global
  • Research Nester Pvt. Ltd
  • ID: 4702432
Description Jump to:
Global vanadium alloy market reached USD 3,768.1 Million in 2017 and is expected to reach USD 5,627.3 Million by the end of 2025, expanding at a CAGR of 5.2% over the forecast period i.e. 2018-2025. Moreover, the growth of vanadium alloy market is attributed to the increasing demand of steel in the infrastructural development.

Asia Pacific is slated to account for a leading share of 60.8% in the terms of revenue by 2025 in the vanadium alloy market. Asia Pacific vanadium alloy market reached USD 2,291.6 Million in 2017 and is expected to reach USD 3,290.9 Million by the end of 2025, expanding at a CAGR of 4.7% over the forecast period i.e. 2018-2025. Further, the market of Asia Pacific vanadium alloy is anticipated to achieve an market share of 58.5% in 2025 as compared to the previous year.

In addition to this, China vanadium alloy market was held at USD 685.0 Million in 2017 and is anticipated to reach USD 931.3 Million by the end of 2025. China vanadium alloy market accounted for a market share of 29.9% in 2017 and further, is expected to decline to a market share of 28.3% by the end of 2025. North America is expected to showcase substantial growth over the forecast period i.e. 2018-2025 by registering a CAGR of 6.3% over the forecast period. Further, the market is expected to account for USD 1,003.3 Million by 2025 from USD 619.5 Million in 2017.

Additionally, U.S. vanadium alloy market reached USD 501.8 Million in 2017 and is expected to reach USD 785.1 Million by the end of 2025, expanding at a CAGR of 5.8% over the forecast period i.e. 2018-2025. Further, the market of U.S. vanadium alloy market contributed around 81.0% market share of total North America vanadium alloy market in 2017.

Global vanadium alloy market is segmented on the basis of alloy type into ferrovanadium, nitrovan, nitride vanadium and nitrate & nitrite vanadium. Ferrovanadium vanadium alloy (87.9% share in 2017) occupies the largest market of vanadium alloy across the globe. Further, global ferrovanadium vanadium alloy market is anticipated to reach USD 4,893.9 Million by the end of 2025 from USD 3,311.5 Million in 2017.

Bushveld Mineral Limited, Tremond Metal Corporation, Core Metals Group, Bear Metallurgical Company and Yellow Rock Resources Ltd are some of the prominent players of global vanadium alloy market.

Table of Contents


1. Research Methodology2. Market Definitions, Assumptions & Abbreviations
3. Global Vanadium Alloy Market - Executive Summary
3.1. Market Extracts by Alloy
3.2. Market Extracts by Region
4. Vanadium Alloy Market - Risk Analysis
4.1. Demand Risk Analysis
4.2. Supply Risk Analysis
5. Recent Changes and Development in Vanadium Alloy Market
5.1. New Product Development
5.2. Merger and Acquisition
5.3. Expansion and Others
6. Global Vanadium Mining Reserves7. Top Countries with Highest Demand for Vanadium Alloy, 20178. Global Vanadium Alloy Market Value Forecast (USD Million), & Y-o-Y Growth (%) Analysis 2017-2025
9. Market Dynamics & Its Impact Analysis
9.1. Growth Drivers
9.2. Challenges
9.3. Trends
9.4. Opportunities
10. Macro-economic Indicators Impacting the Growth of Vanadium Alloy Market11. Global Vanadium Alloy Market Segmentation Analysis By Alloy
11.1. By Alloy
11.1.1. Ferrovanadium
11.1.1.1. Market Value Forecast (USD Million) Analysis 2017-2025
11.1.1.1.1. Upsurge in Value Terms Per Year, 2017-2025
11.1.1.2. By Production Process Market Value Forecast (USD Million) Analysis 2017-2025
11.1.1.2.1. Reduction by Silicon Market Value Forecast (USD Million) Analysis 2017-2025
11.1.1.2.2. Reduction by Aluminum Market Value Forecast (USD Million) Analysis 2017-2025
11.1.1.2.3. Others Market Value Forecast (USD Million) Analysis 2017-2025
11.1.1.3. By Grade Market Value Forecast (USD Million) Analysis 2017-2025
11.1.1.3.1. FeV40 Market Value Forecast (USD Million) Analysis 2017-2025
11.1.1.3.2. FeV50 Market Value Forecast (USD Million) Analysis 2017-2025
11.1.1.3.3. FeV60 Market Value Forecast (USD Million) Analysis 2017-2025
11.1.1.3.4. FeV80 Market Value Forecast (USD Million) Analysis 2017-2025
11.1.2. Nitrovan
11.1.2.1. Market Value Forecast (USD Million) Analysis 2017-2025
11.1.2.1.1. Upsurge in Value Terms Per Year, 2017-2025
11.1.2.2. By Grade Market Value Forecast (USD Million) Analysis 2017-2025
11.1.2.2.1. Nitrovan 12 Market Value Forecast (USD Million) Analysis 2017-2025
11.1.2.2.2. Nitrovan 16 Market Value Forecast (USD Million) Analysis 2017-2025
11.1.2.2.3. Others Market Value Forecast (USD Million) Analysis 2017-2025
11.1.2.3. By Applications Market Value Forecast (USD Million) Analysis 2017-2025
11.1.2.3.1. Reinforcing Bars Market Value Forecast (USD Million) Analysis 2017-2025
11.1.2.3.2. Forging Market Value Forecast (USD Million) Analysis 2017-2025
11.1.2.3.3. Others Market Value Forecast (USD Million) Analysis 2017-2025
11.1.3. Nitride Vanadium
11.1.3.1. Market Value Forecast (USD Million) Analysis 2017-2025
11.1.3.1.1. Upsurge in Value Terms Per Year, 2017-2025
11.1.3.2. By Applications Market Value Forecast (USD Million) Analysis 2017-2025
11.1.3.2.1. Building & Construction Market Value Forecast (USD Million) Analysis 2017-2025
11.1.3.2.2. Manufacturing Market Value Forecast (USD Million) Analysis 2017-2025
11.1.3.2.3. Others Market Value Forecast (USD Million) Analysis 2017-2025
11.1.4. Nitrate & Nitrite Vanadium
11.1.4.1. Market Value Forecast (USD Million) Analysis 2017-2025
11.1.4.1.1. Upsurge in Value Terms Per Year, 2017-2025
11.1.5. Market Attractiveness Analysis By Alloy
11.1.6. Market Contribution and BPS Analysis, 2017 & 2025 By Alloy
12. Global Vanadium Alloy Market Segmentation Analysis By Geography
12.1. Vanadium Alloy Market Revenue in Top Emerging, Developed and Undeveloped Markets- Representation in Map
12.2. North America
12.2.1. Market Value Forecast (USD Million) Analysis 2017-2025
12.2.1.1. Upsurge in Value Terms Per Year, 2017-2025
12.2.2. The U.S. Market Value Forecast (USD Million) Analysis 2017-2025
12.2.2.1. Upsurge in Value Terms Per Year, 2017-2025
12.2.3. Canada Market Value Forecast (USD Million) Analysis 2017-2025
12.2.3.1. Upsurge in Value Terms Per Year, 2017-2025
12.2.4. Market Attractiveness Analysis By Country
12.2.5. Market Contribution and BPS Analysis, 2017 & 2025 By Country
12.2.6. North America Vanadium Alloy Market Segmentation Analysis By Alloy
12.2.6.1. Ferrovanadium
12.2.6.1.1. Market Value Forecast (USD Million) Analysis 2017-2025
12.2.6.1.1.1. Upsurge in Value Terms Per Year, 2017-2025
12.2.6.1.2. By Production Process Market Value Forecast (USD Million) Analysis 2017-2025
12.2.6.1.2.1. Reduction by Silicon Market Value Forecast (USD Million) Analysis 2017-2025
12.2.6.1.2.2. Reduction by Aluminum Market Value Forecast (USD Million) Analysis 2017-2025
12.2.6.1.2.3. Others Market Value Forecast (USD Million) Analysis 2017-2025
12.2.6.1.3. By Grade Market Value Forecast (USD Million) Analysis 2017-2025
12.2.6.1.3.1. FeV40 Market Value Forecast (USD Million) Analysis 2017-2025
12.2.6.1.3.2. FeV50 Market Value Forecast (USD Million) Analysis 2017-2025
12.2.6.1.3.3. FeV60 Market Value Forecast (USD Million) Analysis 2017-2025
12.2.6.1.3.4. FeV80 Market Value Forecast (USD Million) Analysis 2017-2025
12.2.6.2. Nitrovan
12.2.6.2.1. Market Value Forecast (USD Million) Analysis 2017-2025
12.2.6.2.1.1. Upsurge in Value Terms Per Year, 2017-2025
12.2.6.2.2. By Grade Market Value Forecast (USD Million) Analysis 2017-2025
12.2.6.2.2.1. Nitrovan 12 Market Value Forecast (USD Million) Analysis 2017-2025
12.2.6.2.2.2. Nitrovan 16 Market Value Forecast (USD Million) Analysis 2017-2025
12.2.6.2.2.3. Others Market Value Forecast (USD Million) Analysis 2017-2025
12.2.6.2.3. By Applications Market Value Forecast (USD Million) Analysis 2017-2025
12.2.6.2.3.1. Reinforcing Bars Market Value Forecast (USD Million) Analysis 2017-2025
12.2.6.2.3.2. Forging Market Value Forecast (USD Million) Analysis 2017-2025
12.2.6.2.3.3. Others Market Value Forecast (USD Million) Analysis 2017-2025
12.2.6.3. Nitride Vanadium
12.2.6.3.1. Market Value Forecast (USD Million) Analysis 2017-2025
12.2.6.3.1.1. Upsurge in Value Terms Per Year, 2017-2025
12.2.6.3.2. By Applications Market Value Forecast (USD Million) Analysis 2017-2025
12.2.6.3.2.1. Building & Construction Market Value Forecast (USD Million) Analysis 2017-2025
12.2.6.3.2.2. Manufacturing Market Value Forecast (USD Million) Analysis 2017-2025
12.2.6.3.2.3. Others Market Value Forecast (USD Million) Analysis 2017-2025
12.2.6.4. Others
12.2.6.4.1. Market Value Forecast (USD Million) Analysis 2017-2025
12.2.6.4.1.1. Upsurge in Value Terms Per Year, 2017-2025
12.2.6.5. Market Attractiveness Analysis By Alloy
12.2.6.6. Market Contribution and BPS Analysis, 2017 & 2025 By Alloy
12.3. Europe
12.3.1. Market Value Forecast (USD Million), & Y-o-Y Growth (%) Analysis 2017-2025
12.3.1.1. Upsurge in Value Terms Per Year, 2017-2025
12.3.2. Germany Market Value Forecast (USD Million), & Y-o-Y Growth (%) Analysis 2017-2025
12.3.2.1. Upsurge in Value Terms Per Year, 2017-2025
12.3.3. U.K. Market Value Forecast (USD Million), & Y-o-Y Growth (%) Analysis 2017-2025
12.3.3.1. Upsurge in Value Terms Per Year, 2017-2025
12.3.4. France Market Value Forecast (USD Million), & Y-o-Y Growth (%) Analysis 2017-2025
12.3.4.1. Upsurge in Value Terms Per Year, 2017-2025
12.3.5. Italy Market Value Forecast (USD Million), & Y-o-Y Growth (%) Analysis 2017-2025
12.3.5.1. Upsurge in Value Terms Per Year, 2017-2025
12.3.6. Spain Market Value Forecast (USD Million), & Y-o-Y Growth (%) Analysis 2017-2025
12.3.6.1. Upsurge in Value Terms Per Year, 2017-2025
12.3.7. Russia Market Value Forecast (USD Million), & Y-o-Y Growth (%) Analysis 2017-2025
12.3.7.1. Upsurge in Value Terms Per Year, 2017-2025
12.3.8. Poland Market Value Forecast (USD Million), & Y-o-Y Growth (%) Analysis 2017-2025
12.3.8.1. Upsurge in Value Terms Per Year, 2017-2025
12.3.9. Turkey Market Value Forecast (USD Million), & Y-o-Y Growth (%) Analysis 2017-2025
12.3.9.1. Upsurge in Value Terms Per Year, 2017-2025
12.3.10. BENELUX Market Value Forecast (USD Million), & Y-o-Y Growth (%) Analysis 2017-2025
12.3.10.1. Upsurge in Value Terms Per Year, 2017-2025
12.3.11. Rest of Europe Market Value Forecast (USD Million), & Y-o-Y Growth (%) Analysis 2017-2025
12.3.11.1. Upsurge in Value Terms Per Year, 2017-2025
12.3.12. Market Attractiveness Analysis By Country
12.3.13. Market Contribution and BPS Analysis, 2017 & 2025 By Country
12.3.14. Europe Vanadium Alloy Market Segmentation Analysis By Alloy
12.3.14.1. Ferrovanadium
12.3.14.1.1. Market Value Forecast (USD Million) Analysis 2017-2025
12.3.14.1.1.1. Upsurge in Value Terms Per Year, 2017-2025
12.3.14.1.2. By Production Process Market Value Forecast (USD Million) Analysis 2017-2025
12.3.14.1.2.1. Reduction by Silicon Market Value Forecast (USD Million) Analysis 2017-2025
12.3.14.1.2.2. Reduction by Aluminum Market Value Forecast (USD Million) Analysis 2017-2025
12.3.14.1.2.3. Others Market Value Forecast (USD Million) Analysis 2017-2025
12.3.14.1.3. By Grade Market Value Forecast (USD Million) Analysis 2017-2025
12.3.14.1.3.1. FeV40 Market Value Forecast (USD Million) Analysis 2017-2025
12.3.14.1.3.2. FeV50 Market Value Forecast (USD Million) Analysis 2017-2025
12.3.14.1.3.3. FeV60 Market Value Forecast (USD Million) Analysis 2017-2025
12.3.14.1.3.4. FeV80 Market Value Forecast (USD Million) Analysis 2017-2025
12.3.14.2. Nitrovan
12.3.14.2.1. Market Value Forecast (USD Million) Analysis 2017-2025
12.3.14.2.1.1. Upsurge in Value Terms Per Year, 2017-2025
12.3.14.2.2. By Grade Market Value Forecast (USD Million) Analysis 2017-2025
12.3.14.2.2.1. Nitrovan 12 Market Value Forecast (USD Million) Analysis 2017-2025
12.3.14.2.2.2. Nitrovan 16 Market Value Forecast (USD Million) Analysis 2017-2025
12.3.14.2.2.3. Others Market Value Forecast (USD Million) Analysis 2017-2025
12.3.14.2.3. By Applications Market Value Forecast (USD Million) Analysis 2017-2025
12.3.14.2.3.1. Reinforcing Bars Market Value Forecast (USD Million) Analysis 2017-2025
12.3.14.2.3.2. Forging Market Value Forecast (USD Million) Analysis 2017-2025
12.3.14.2.3.3. Others Market Value Forecast (USD Million) Analysis 2017-2025
12.3.14.3. Nitride Vanadium
12.3.14.3.1. Market Value Forecast (USD Million) Analysis 2017-2025
12.3.14.3.1.1. Upsurge in Value Terms Per Year, 2017-2025
12.3.14.3.2. By Applications Market Value Forecast (USD Million) Analysis 2017-2025
12.3.14.3.2.1. Building & Construction Market Value Forecast (USD Million) Analysis 2017-2025
12.3.14.3.2.2. Manufacturing Market Value Forecast (USD Million) Analysis 2017-2025
12.3.14.3.2.3. Others Market Value Forecast (USD Million) Analysis 2017-2025
12.3.14.4. Others
12.3.14.4.1. Market Value Forecast (USD Million) Analysis 2017-2025
12.3.14.4.1.1. Upsurge in Value Terms Per Year, 2017-2025
12.3.14.5. Market Attractiveness Analysis By Alloy
12.3.14.6. Market Contribution and BPS Analysis, 2017 & 2025 By Alloy
12.4. Asia Pacific
12.4.1. Market Value Forecast (USD Million), & Y-o-Y Growth (%) Analysis 2017-2025
12.4.1.1. Upsurge in Value Terms Per Year, 2017-2025
12.4.2. India Market Value Forecast (USD Million), & Y-o-Y Growth (%) Analysis 2017-2025
12.4.2.1. Upsurge in Value Terms Per Year, 2017-2025
12.4.3. China Market Value Forecast (USD Million), & Y-o-Y Growth (%) Analysis 2017-2025
12.4.3.1. Upsurge in Value Terms Per Year, 2017-2025
12.4.4. Japan Market Value Forecast (USD Million), & Y-o-Y Growth (%) Analysis 2017-2025
12.4.4.1. Upsurge in Value Terms Per Year, 2017-2025
12.4.5. Australia Market Value Forecast (USD Million), & Y-o-Y Growth (%) Analysis 2017-2025
12.4.5.1. Upsurge in Value Terms Per Year, 2017-2025
12.4.6. New Zealand Market Value Forecast (USD Million), & Y-o-Y Growth (%) Analysis 2017-2025
12.4.6.1. Upsurge in Value Terms Per Year, 2017-2025
12.4.7. South Korea Market Value Forecast (USD Million), & Y-o-Y Growth (%) Analysis 2017-2025
12.4.7.1. Upsurge in Value Terms Per Year, 2017-2025
12.4.8. Malaysia Market Value Forecast (USD Million), & Y-o-Y Growth (%) Analysis 2017-2025
12.4.8.1. Upsurge in Value Terms Per Year, 2017-2025
12.4.9. Singapore Market Value Forecast (USD Million), & Y-o-Y Growth (%) Analysis 2017-2025
12.4.9.1. Upsurge in Value Terms Per Year, 2017-2025
12.4.10. Rest of Asia Pacific Market Value Forecast (USD Million), & Y-o-Y Growth (%) Analysis 2017-2025
12.4.10.1. Upsurge in Value Terms Per Year, 2017-2025
12.4.11. Market Attractiveness Analysis By Country
12.4.12. Market Contribution and BPS Analysis, 2017 & 2025 By Country
12.4.13. Asia Pacific Vanadium Alloy Market Segmentation Analysis By Alloy
12.4.13.1. Ferrovanadium
12.4.13.1.1. Market Value Forecast (USD Million) Analysis 2017-2025
12.4.13.1.1.1. Upsurge in Value Terms Per Year, 2017-2025
12.4.13.1.2. By Production Process Market Value Forecast (USD Million) Analysis 2017-2025
12.4.13.1.2.1. Reduction by Silicon Market Value Forecast (USD Million) Analysis 2017-2025
12.4.13.1.2.2. Reduction by Aluminum Market Value Forecast (USD Million) Analysis 2017-2025
12.4.13.1.2.3. Others Market Value Forecast (USD Million) Analysis 2017-2025
12.4.13.1.3. By Grade Market Value Forecast (USD Million) Analysis 2017-2025
12.4.13.1.3.1. FeV40 Market Value Forecast (USD Million) Analysis 2017-2025
12.4.13.1.3.2. FeV50 Market Value Forecast (USD Million) Analysis 2017-2025
12.4.13.1.3.3. FeV60 Market Value Forecast (USD Million) Analysis 2017-2025
12.4.13.1.3.4. FeV80 Market Value Forecast (USD Million) Analysis 2017-2025
12.4.13.2. Nitrovan
12.4.13.2.1. Market Value Forecast (USD Million) Analysis 2017-2025
12.4.13.2.1.1. Upsurge in Value Terms Per Year, 2017-2025
12.4.13.2.2. By Grade Market Value Forecast (USD Million) Analysis 2017-2025
12.4.13.2.2.1. Nitrovan 12 Market Value Forecast (USD Million) Analysis 2017-2025
12.4.13.2.2.2. Nitrovan 16 Market Value Forecast (USD Million) Analysis 2017-2025
12.4.13.2.2.3. Others Market Value Forecast (USD Million) Analysis 2017-2025
12.4.13.2.3. By Applications Market Value Forecast (USD Million) Analysis 2017-2025
12.4.13.2.3.1. Reinforcing Bars Market Value Forecast (USD Million) Analysis 2017-2025
12.4.13.2.3.2. Forging Market Value Forecast (USD Million) Analysis 2017-2025
12.4.13.2.3.3. Others Market Value Forecast (USD Million) Analysis 2017-2025
12.4.13.3. Nitride Vanadium
12.4.13.3.1. Market Value Forecast (USD Million) Analysis 2017-2025
12.4.13.3.1.1. Upsurge in Value Terms Per Year, 2017-2025
12.4.13.3.2. By Applications Market Value Forecast (USD Million) Analysis 2017-2025
12.4.13.3.2.1. Building & Construction Market Value Forecast (USD Million) Analysis 2017-2025
12.4.13.3.2.2. Manufacturing Market Value Forecast (USD Million) Analysis 2017-2025
12.4.13.3.2.3. Others Market Value Forecast (USD Million) Analysis 2017-2025
12.4.13.4. Nitrate & Nitrite Vanadium
12.4.13.4.1. Market Value Forecast (USD Million) Analysis 2017-2025
12.4.13.4.1.1. Upsurge in Value Terms Per Year, 2017-2025
12.4.13.5. Market Attractiveness Analysis By Alloy
12.4.13.6. Market Contribution and BPS Analysis, 2017 & 2025 By Alloy
13. Competitive Landscape
13.1. Competitive Positioning of Major Players in Global Vanadium Alloy Market
13.2. Company Profiles
13.2.1. Bushveld Minerals
13.2.1.1. Company Overview
13.2.1.2. Business Strategy
13.2.1.3. Key Product Offerings
13.2.1.4. Financial Performance
13.2.1.5. Key Performance Indicators
13.2.1.6. Risk Analysis
13.2.1.7. Recent Development
13.2.1.8. Regional Presence
13.2.1.9. SWOT Analysis
13.2.2. Tremond Metals Corp.
13.2.3. Core Metals Group
13.2.4. Gulf Chemical and Metallurgical Corporation
13.2.5. Bear Metallurgical Company
13.2.6. Atlantic Ltd.
13.2.7. Shenzhen Chinary Co., Ltd.
13.2.8. Hickman, Williams & Company
13.2.9. Yellow Rock Resources Ltd.

Companies Mentioned

  • Bushveld Minerals
  • Tremond Metals
  • Core Metals
  • Gulf Chemicals
  • Bear Metallurgical
  • Atlantic Ltd
  • Shenzhen Chinary Co. Ltd
  • Hickman
  • William and Company
  • Yellow Rock Resources Ltd.

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