Global Vanadium Market 2018 Industry Share, Size, Demand, Key Manufacturers and Forecasts 2023

Global Vanadium Market 2018 Analysis, Industry Share, Size, Demand, Key Manufacturers, import & export and Forecasts to 2023 market research report available in

ReportsnReports adds Global and China Vanadium Industry Report, 2018-2023 to its online research library. "Vanadium, deemed as the “vitamin” of metals, finds wide application in steel, chemicals, new materials and new energy. There is now global research and development of vanadium for applying it to more industries.
Before climbing to the estimated 151,000 tons in 2018, global Vanadium Market output began to pick up in 2017, by 2.1% from a year earlier to 148,000 tons (V2O5), largely because output in Brazil and China rose. Global Vanadium Market output will keep an average annual growth rate of 3.5% or so between 2018 and 2023.

China as the world’s largest vanadium producer reported output of 84,000 tons (V2O5) in 2017, 3.3% more than in the previous year, and a 57% share of the global total, which showed Chinese players’ more enthusiasm for production. With rising price and demand, China’s vanadium output will keep growing in the forthcoming years but at a moderate pace due to the government’s environmental campaigns and its ban on the import of vanadium slags. It is predicted that vanadium market output in China will present an AAGR of 3.5%-4.5% from 2018 to 2023, a bit above the global average.

As concerns market demand in China, over 85% of vanadium products are consumed by steel sector. The new national standard, GB/T 1499.2-2018 Steel for the Reinforcement of Concrete -- Part 2: Hot Rolled Ribbed Bars effective from November 2018, requires that some alloy elements like vanadium and bismuth should be added to new ribbed bars, but mere 30% of products in China are subject to the new standard. Accordingly, China will see soaring demand for vanadium after 2018, with an AAGR of around 10.0%.

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As for market price, the Chinese Government’s environmental supervision and the policy of prohibiting the import of vanadium slags led to price hikes of vanadium in the second half of 2017; in 2018, vanadium (V2O5) price shot up again from RMB20,000/ton in January to RMB46,000/ton in October, a spurt of roughly 130%, which was caused by the issuance of the new ribbed bar standard at the start of the year and a slump in vanadium inventory. So still a certain gap will remain between supply and demand in the next a few years, showing little sign of price decline.

The world-renowned vanadium producers consist of Pangang Group Vanadium Titanium & Resources Co., Ltd., HBIS Chengsteel, Russia’s Evraz and Switzerland-based Glencore. In 2017, Pangang Group Vanadium Titanium & Resources Co., Ltd. as the largest producer among them, seized a market share of 16.8%; Evraz followed, with 12.6%.

Global and China Vanadium Industry Report, 2018-2023 highlights the following:
• Vanadium (definition, industry chain, etc.);
• Global vanadium market (resource reserves, supply & demand, prices, competitive pattern, etc.);
• Chinese vanadium market (resource reserves, supply & demand, prices, import & export, competitive pattern, application, etc.);
• 5 foreign and 11 Chinese vanadium producers (operation, vanadium business, etc.).

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Table of Contents:
1. Introduction to Vanadium
1.1 Definition
1.2 Industry Chain

2. Global Vanadium Market
2.1 Vanadium Ore Resources
2.2 Market Size
2.2.1 Supply
2.2.2 Demand
2.3 Price
2.4 Competitive Landscape

3. China Vanadium Market
3.1 Vanadium Ore Resources
3.2 Market Size
3.2.1 Supply
3.2.2 Demand
3.3 Price
3.4 Import and Export
3.5 Competitive Landscape
3.6 Applied Markets
3.6.1 Iron & Steel
3.6.2 Vanadium Battery

4. Major Vanadium Manufacturers in the World
4.1 Evraz
4.1.1 Profile
4.1.2 Operation
4.1.3 Revenue Structure
4.1.4 Vanadium Business
4.2 VanadiumCorp
4.2.1 Profile
4.2.2 Vanadium Business
4.3 Others
4.3.1 Glencore
4.3.2 Treibacher Industrie AG

5. Major Vanadium Manufacturers in China
5.1 Pangang Group Vanadium Titanium & Resources
5.1.1 Profile
5.1.2 Operation
5.1.3 Revenue Structure
5.1.4 Gross Margin
5.1.5 Clients and Suppliers
5.1.6 Vanadium Business
5.2 Xining Special Steel
5.2.1 Profile
5.2.2 Operation
5.2.3 Revenue Structure
5.2.4 Gross Margin
5.2.5 Clients and Suppliers
5.2.6 Vanadium Business
5.3 Hebei Iron & Steel
5.3.1 Profile
5.3.2 Operation
5.3.3 Revenue Structure
5.3.4 Gross Margin
5.3.5 Clients and Suppliers
5.3.6 Vanadium Business
5.4 Guangdong Boxin Investing & Holdings
5.4.1 Profile
5.4.2 Operation
5.4.3 Revenue Structure
5.4.4 Gross Margin
5.4.5 Vanadium Business
5.5 Pengqi Technology Development Co., Ltd.
5.5.1 Profile
5.5.2 Operation
5.5.3 Revenue Structure
5.5.4 Gross Margin
5.5.5 Clients and Suppliers
5.5.6 Vanadium Business
5.6 Sichuan Mingxing Electric Power
5.6.1 Profile
5.6.2 Operation
5.6.3 Revenue Structure
5.6.4 Gross Margin
5.6.5 Clients and Suppliers
5.6.6 Vanadium Business
5.7 Berry Genomics Co., Ltd.
5.7.1 Profile
5.7.2 Operation
5.7.3 Revenue Structure
5.7.4 Gross Margin
5.7.5 Clients and Suppliers
5.7.6 Vanadium Business
5.8 Zhejiang Hailiang
5.8.1 Profile
5.8.2 Operation
5.8.3 Revenue Structure
5.8.4 Gross Margin
5.8.5 Clients and Suppliers
5.8.6 Vanadium Business
5.9 Others
5.9.1 HBIS Chengsteel
5.9.2 Beijing Jianlong Heavy Industry Group Co., Ltd.
5.9.3 Panzhihua Gangcheng Group

Contact Info:
Name: Hrishikesh Patwardhan
Email: Send Email
Organization: ReportsnReports

Release ID: 447663