Vanadium Market by Application and Geography - Forecast and Analysis 2020-2024

Published: Jun 2020

Pages: 120

SKU: IRTNTR43889

Snapshot

The vanadium market size has the potential to grow by 28.31 th tons during 2020-2024, and the market's growth momentum will accelerate during the forecast period.

This report provides a detailed analysis of the market by application (Steel, Titanium alloys, and Others) and geography (APAC, Europe, North America, South America, and MEA). Also, the report analyzes the market's competitive landscape and offers information on several market vendors, including AMG Advanced Metallurgical Group NV, Angang Steel Co. Ltd., Australian Vanadium Ltd., Bushveld Minerals, EVRAZ Plc, Glencore Plc, HBIS Group Co. Ltd., Largo Resources Ltd., Treibacher Industrie AG, and VanadiumCorp Resource Inc.

Market Overview

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Market Competitive Analysis

The market is concentrated. AMG Advanced Metallurgical Group NV, Angang Steel Co. Ltd., Australian Vanadium Ltd., Bushveld Minerals, EVRAZ Plc, Glencore Plc, HBIS Group Co. Ltd., Largo Resources Ltd., Treibacher Industrie AG, and VanadiumCorp Resource Inc. are some of the major market participants. Factors such as increasing demand in construction industry will offer immense growth opportunities. However, fluctuation in steel industry, decreasing supply of vanadium, and high toxicity may impede market growth. To make the most of the opportunities, vendors should focus on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

To help clients improve their market position, this vanadium market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market's competitive landscape and offers information on the products offered by various companies. Moreover, this vanadium market analysis report provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

This report provides information on the production, sustainability, and prospects of several leading companies, including:

Vanadium Market: Segmentation by Geography

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The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. APAC will offer several growth opportunities to market vendors during the forecast period. The growing use of high strength steel will significantly influence vanadium market's growth in this region.

70% of the market's growth will originate from APAC during the forecast period. China, Japan, and South Korea (Republic of Korea) are the key markets for vanadium market in APAC. This report provides an accurate prediction of the contribution of all segments to the growth of the vanadium market size.

Vanadium Market: Key Highlights of the Report for 2020-2024

CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will vanadium market growth during the next five years
Precise estimation of the vanadium market size and its contribution to the parent market
Accurate predictions on upcoming trends and changes in consumer behavior
The growth of the vanadium industry across APAC, Europe, North America, South America, and MEA
A thorough analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of vanadium market vendors

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Vanadium Market Scope
Report Coverage	Details
Page number	120
Base year	2019
Forecast period	2020-2024
Growth momentum & CAGR	Accelerate at a CAGR of 5%
Market growth 2020-2024	28.31 th tons
Market structure	Concentrated
YoY growth (%)	2.46
Regional analysis	APAC, Europe, North America, South America, and MEA
Performing market contribution	APAC at 70%
Key consumer countries	China, US, Japan, Russian Federation, and South Korea (Republic of Korea)
Competitive landscape	Leading companies, competitive strategies, consumer engagement scope
Companies profiled	AMG Advanced Metallurgical Group NV, Angang Steel Co. Ltd., Australian Vanadium Ltd., Bushveld Minerals, EVRAZ Plc, Glencore Plc, HBIS Group Co. Ltd., Largo Resources Ltd., Treibacher Industrie AG, and VanadiumCorp Resource Inc.
Market Dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents

Executive Summary

Market Overview

Market Landscape

Market ecosystem
Market characteristics
Value chain analysis

Market Sizing

Market definition
Market segment analysis
Market size 2019
Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

Market Segmentation by Application by Volume

Market segments
Comparison by Application by volume
Steel - Market size and forecast 2019-2024 (thousand tons)
Titanium alloys - Market size and forecast 2019-2024 (thousand tons)
Others - Market size and forecast 2019-2024 (thousand tons)
Market opportunity by Application by volume

Customer landscape

Overview

Geographic Landscape

Geographic segmentation
Geographic comparison
APAC - Market size and forecast 2019-2024
Europe - Market size and forecast 2019-2024
North America - Market size and forecast 2019-2024
South America - Market size and forecast 2019-2024
MEA - Market size and forecast 2019-2024
Key leading countries
Market opportunity by geography
Market drivers
Market challenges
Market trends

Vendor Landscape

Overview
Landscape disruption

Vendor Analysis

Appendix

Scope of the report
Currency conversion rates for US$
Research methodology
List of abbreviations

Methodology

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

Manufacturers and suppliers
Channel partners
Industry experts
Strategic decision makers

Secondary sources

Industry journals and periodicals
Government data
Financial reports of key industry players
Historical data
Press releases

DATA ANALYSIS

Data Synthesis

Collation of data
Estimation of key figures
Analysis of derived insights

Data Validation

Triangulation with data models
Reference against proprietary databases
Corroboration with industry experts

REPORT WRITING

Qualitative

Market drivers
Market challenges
Market trends
Five forces analysis

Quantitative

Market size and forecast
Market segmentation
Geographical insights
Competitive landscape

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Key Questions Answered

What are the key global market and the regional market share?
What are the revenue-generating key market segments?
What are the key factors driving and challenging this market’s growth?
Who are the key market vendors and their growth strategies?
What are the latest trends influencing the growth of this market?
What are the variables influencing the market growth in the primary regions?
What are the factors influencing the growth of the parent market?

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