The global High-purity Vanadium Pentoxide market size is projected to reach USD 0.31 billion by 2029

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.

Source: GlobalInfoResearch, “Global High-purity Vanadium Pentoxide Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029”

According to the new market research report “Global High-purity Vanadium Pentoxide  Market Report 2023-2029”, published by GlobalInfoResearch, the global High-purity Vanadium Pentoxide  market size is projected to reach USD 0.31 billion by 2029, at a CAGR of 2.2% during the forecast period.

• Global High-purity Vanadium Pentoxide  MarketSize(US$ Million), 2018-2029

Source: GlobalInfoResearch, “Global High-purity Vanadium Pentoxide Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029”.

• Global High-purity Vanadium Pentoxide  Top5Players Ranking and Market Share（Based on data of 2021, Continually updated）

Source: GlobalInfoResearch, “Global High-purity Vanadium Pentoxide Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029”.

The global key manufacturers of High-purity Vanadium Pentoxide  include U.S. Vanadium LLC , HBIS Group, Suzhou Donghua Fangui Co.Ltd., Hunan Huifeng High Energy Co., Ltd, GfE, Liaoyang Hengye Chemical Co., Ltd., Hunan Sanfeng Vanadium Industry Co., Ltd, BaiChuan Vanadium Industry, Company 9, Company 10, etc. In 2021, the global top five players had a share approximately 60.0% in terms of revenue.

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