#Ammonium Metavanadate Market Forecast

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Ammonium Metavanadate Market Set for Rapid Growth and Trend by 2022-2028

The report on the Ammonium Metavanadate Market published by Stratview Research covers in depth details associated with the Ammonium Metavanadate Market.

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The Ammonium Metavanadate Market is likely to witness a CAGR of 8.8% during the forecast period. The prime factors that are driving the Ammonium Metavanadate Market is its superior thermal conductivity property leading to its wide usage in a wide array of industries.

Key Players

The following are the key players in the Ammonium Metavanadate Market:

ACS Chemicals

American Elements

Gesellschaft für Elektrometallurgie

Merck KGaA

Motiv Metals LLC

Santa Cruz Biotechnology Inc.

Sisco Research Laboratories

Strem Chemicals

Thermo Fisher Scientific

Yogi Dye Chem Industries

Growth drivers and Market Value:

This report, from Stratview Research, studies the Ammonium Metavanadate Market value and growth drivers over the trend period of 2022-27. According to the report -

Ammonium Metavanadate Market is likely to witness a CAGR of 6.2% during the forecast period. The growth of the market during the forecast period is mainly driven by rise in adoption of sodium-ion batteries in North America, growing glass industry in Europe, and increasing demand for vanadium pentoxide from steel industry and growing adoption of ceramics in construction sector in Asia-Pacific.

Segment Analysis:

Based on Application Type:

Based on the application type, the market is segmented as chemical reagents, catalysts, paints, inks, & dyes, ceramics, and others. Catalyst is estimated to account for the major share of the market during the forecast period on account of its wide utilization in organic and inorganic synthesis and in the reduction of harmful nitrogen oxides emitted from boilers.

Based on Region:

In terms of regions, North America is estimated to be the dominating region in the market during the forecast period with the U.S. being the growth engine of the regional market. Factors, such as growing electricity demand, resulting in an increased requirement for rechargeable sodium-ion batteries in the regional market is further expected to fuel the product demand during the forecast period. On the other hand, Europe and Asia-Pacific are also estimated to witness significant growth in the market on account of events leading to increased productivity across both regions during the forecast period.

Critical Questions Answered in the Report

What are the key trends in the Ammonium Metavanadate Market?

How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?

What is the impact of COVID-19 on Ammonium Metavanadate Market?

What are the key strategies adopted by the major vendors to lead in the Ammonium Metavanadate Market?

What is the market share of the top vendors?

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Global Ammonium Metavanadate Market, growth, key players providing information such as product specification, price, cost, capacity, revenue, CAGR status and regions.

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Global Ammonium Metavanadate Market Growth, Size, Share, Trends and Forecast 2027: Ken Research

Global Ammonium Metavanadate Market Growth, Size, Share, Trends and Forecast 2027: Ken Research

The ammonium metavanadate is a chemical intermediate and is widely used in various end-user industries. Ammonium metavanadate is very ideal as a reagent in the laboratory & analytical chemistry. It serves as a forerunner of various medicinal agents owing to its low cost, mild reaction conditions, high yield & operational simplicity. It is usually used for the production of catalysts for organic &…

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Ammonium Metavanadate Market Study for 2019 to 2024 providing information on Key Players, Growth Drivers and Industry challenges

Ammonium Metavanadate Market Study for 2019 to 2024 providing information on Key Players, Growth Drivers and Industry challenges

Ammonium Metavanadate Market Outlooks

Global Ammonium Metavanadate Marketresearch report has all the necessary vital details asked by the clients or any audiences in terms of market advantages or disadvantages and future market scope all mentioned in a very crystal clear manner. The report eloquently mentioned all the information regarding market competitors, growth rate, revenue ups and downs,…

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Ammonium Metavanadate Market Trends Analysis ,Major Players ,Upside Learning up to 2027

Ammonium Metavanadate Market Overview:

size was valued at US$ 61.25 Mn in 2020 and the total revenue is expected to grow at 6.5% through 2021 to 2027, reaching nearly US$ 95.18 Mn in the forecast period.

The study covers the Ammonium Metavanadate market's most recent revenue and market trends. It stresses a market overview, definition, and structure, as well as preventative and pre-planned management. The report focuses on the factors that influence the Ammonium Metavanadate Market, such as gross margin, cost, market share, capacity utilisation, and supply. It also aids in determining the future potential of Ammonium Metavanadate Market in the next years. The report presents a market overview through common subjects that are highlighted with unique data based on the need. This overview aids in making decisions about how to approach the market and comprehending the industry's backdrop.

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Market Scope:

Key Market Trends & Challenges:

The study analyses the primary adoption trend impacting the Ammonium Metavanadate industry as well as issues that may stymie its expansion. Understanding these elements is critical for product planning and design, as well as commercial strategies. To assist you understand the Ammonium Metavanadate market, this study provides a full analysis of these trends and obstacles.

Market Statistics:

The report provides the market size and share of the Ammonium Metavanadate market. It helps in understanding the market and the report estimates upfront data and statistics that make the report a very valuable guide for individuals dealing with advertising and industry decision-making processes in the Ammonium Metavanadate market.

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Segmentation:

By Form, the segment is bifurcated into powder and granule. The powder segment is dominating the ammonium metavanadate industry due to the wide application of powder forms like more durability, and suitability of the compound in the environment, and the low maintenance cost of the powder form.

Key Players:

• Angang Steel Company Limited • Bushveld Vanchem Ltd. • Ferro-Alloy Resources Limited • Largo Resources Ltd • Taiyo Koko Co., Ltd. • U.S. Vanadium LLC • American Elements • Merck KGaA • Thermo Fisher Scientific • Santa Cruz Biotechnology • Yogi Dye Chem Industries • ACS Chemicals • Avanschem • Motiv Metals • GfE Gesellschaft für Elektrometallurgie • Sisco Research Laboratories • Strem Chemicals.

The report examines the top players in the Ammonium Metavanadate market in terms of their size, market share, market growth, revenue, production volume, and profitability. The research outlines which growth strategies are being used by key players, including strategic alliances, new product innovation, and so on. It tells you whether you're competing with only industry firms or with competitors who provide alternative solutions. The study helps you understand competitor pricing in the Ammonium Metavanadate market so you can examine and build a pricing plan that works for your product. The competitive landscape is a significant feature of the Ammonium Metavanadate industry that all key stakeholders in the industry should be aware of.

Regional Analysis:

Geographically, this report is segmented into several key countries, with market size, growth rate, import and export of Ammonium Metavanadate market in these countries, which covering North America, U.S., Canada, Mexico, Europe, UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America, Brazil, and Middle East and Africa.

COVID-19 Impact Analysis on Ammonium Metavanadate Market:

The report has identified detailed impact of COVID-19 on Ammonium Metavanadate market in regions such as North America, Asia Pacific, Middle-East, Europe, and South America. The report provides Comprehensive analysis on alternatives, difficult conditions, and difficult scenarios of Ammonium Metavanadate market during this crisis. The report briefly elaborates the advantages as well as the difficulties in terms of finance and market growth attained during the COVID-19. In addition, report offers a set of concepts, which is expected to aid readers in deciding and planning a strategy for their business.

Key Questions answered in the Ammonium Metavanadate Market Report are:

Which product segment grabbed the largest share in the Ammonium Metavanadate market?

How is the competitive scenario of the Ammonium Metavanadate market?

Which are the key factors aiding the Ammonium Metavanadate market growth?

Which region holds the maximum share in the Ammonium Metavanadate market?

What will be the CAGR of the Ammonium Metavanadate market during the forecast period?

Which application segment emerged as the leading segment in the Ammonium Metavanadate market?

Which are the prominent players in the Ammonium Metavanadate market?

What key trends are likely to emerge in the Ammonium Metavanadate market in the coming years?

What will be the Ammonium Metavanadate market size by 2027?

Which company held the largest share in the Ammonium Metavanadate market?

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Global Ammonium Metavanadate (AMV) Market 2020 | Present Scenario and Growth Prospects 2026

Global Ammonium Metavanadate (AMV) Market 2020 | Present Scenario and Growth Prospects 2026

The latest market study, titled “Global Ammonium Metavanadate (AMV) Market, 2020-2026”, has been featured on KandJMarketResearch.com offers a perceptive assume the historical data of the market and forecasts for 2020 to 2025 time-period.

Ammonium metavanadate is the inorganic compound with the formula NH₄VO₃. It is a white solid, although samples are often yellow owing to impurities of V₂O₅.…

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Vanadium Pentoxide Market – Research Report Forecast Until 2024 Growth Analysis up to 2026

Vanadium Pentoxide Market: Overview

Vanadium pentoxide is an inorganic compound with formula V2O5. It is brown/yellow solid, and when freshly precipitated from aqueous solution, the color turns to deep orange. It is the most important compound of vanadium as per commercial perspective, being the principal precursor to alloys of vanadium and is a widely used industrial catalyst. In 1925, relatively pure vanadium was obtained by reducing vanadium pentoxide with calcium metal. Raw materials used to produce vanadium pentoxide include titanomagnetite ores and their concentrates which are processed directly, vanadium slags derived from ores, oil combustion residues, spent catalysts, and residues from the hydrometallization process. Primary industrial compounds manufactured directly from these raw materials are 98% (by weight) fused pentoxide, air-dried (technical-grade) pentoxide, and technical-grade ammonium metavanadate.

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Vanadium Pentoxide Market: Drivers & Restraints

Alkaline roasting is the main process used to produce vanadium pentoxide from vanadium slags. This process, with minor differences, can also be used to processes titanomagnetite ores and vanadium-containing residues. The slag is first ground to <100 µm and the iron granules are removed. Alkali metal salts are added and roasted with oxidation at temperatures between 700°C & 850°C in multiple-hearth furnaces or rotary kilns to form water-soluble pentavalent sodium orthovanadate. The roasted product is percolated with water and ammonium polyvanadate or sparingly-soluble ammonium metavanadate are precipitated in the crystalline form from the alkaline sodium orthovanadate solution by adding sulfuric or hydrochloric acid and ammonium salts at high temperatures. These compounds are converted to high-purity, alkali-free vanadium pentoxide by roasting. The commercial ‘flake’ form of vanadium pentoxide is obtained from the solidified melt. Hydrometallurgical methods or a combination of pyrometallurgical and hydrometallurgical processes are used to produce vanadium oxides and salts from other raw materials. Uranium production from carnotite and other vanadium-bearing ores also yield significant amounts of vanadium pentoxide.

Vanadium Pentoxide Market: Key Segments

Increase in need for sustainable energy storage solution is expected to create opportunity in the vanadium pentoxide market. Investors across the globe are encouraging the development of vanadium redox flow battery technology by investing in related projects. This, in turn, is increasing the demand for vanadium pentoxide market. There is huge opportunity for research & development in vanadium redox flow batteries. The steel industry is the significant end-user segment for vanadium pentoxide owing to its value addition to the steel products by improving mechanical properties. Financial barriers, less-awareness, fluctuating demand, legal and regulatory issues are some factors that are expected to hamper the market.

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In terms of application, the vanadium pentoxide can be segmented into production of metal alloys, oxidation catalyst, production of oxalic acid, energy storage, and others. Iron-vanadium and aluminum-vanadium master alloys are produced from vanadium pentoxide fused flakes due to the low loss on ignition, low sulfur and dust content, and high density of the molten oxide as compared to vanadium powder. These alloys are used in applications such as automotive steels, jet engines, and airframes. Based on end-use industry, the vanadium pentoxide market can be segregated into enameling, electrical & electronics, metallurgy, glass, chemicals, petrochemicals, paints & ceramics, and others.

Vanadium Pentoxide Market: Regional Outlook

In terms of geography, the global vanadium pentoxide market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Asia Pacific accounted for a dominant share in the global vanadium pentoxide market owing to the large steel industry in the region. Europe and North America are major producers and consumers of vanadium pentoxide market. The vanadium pentoxide market in Asia Pacific is projected to expand at a rapid pace during the forecast period due to the growth of the end-use industries. Latin America and Middle East & Africa are also promising vanadium pentoxide market.

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Vanadium Pentoxide Market: Key Players

Key players operating in the vanadium pentoxide market include Aura Energy, Australian Vanadium Limited, Largo Resources Ltd., Bushveld Minerals., Prophecy Development Corp., and Premier Alloys & Chemicals Pvt. Ltd.

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Global Ammonium Metavanadate Market 2021 Upcoming Trends, Industry Size, Demand and Forecast Research Report to 2027

The ammonium metavanadate is a chemical intermediate and is widely used in various end-user industries. Ammonium metavanadate is very ideal as a reagent in the laboratory & analytical chemistry. It serves as a forerunner of various medicinal agents owing to its low cost, mild reaction conditions, high yield & operational simplicity. It is usually used for the production of catalysts for organic & inorganic synthesis. Compounds including manganese vanadate, silver vanadate, and vanadium oxide are synthesized using ammonium metavanadate. The compound is soluble in water and is in the form of powder and granules and is white or pale yellow in color. Ammonium metavanadate is widely used as a chemical intermediate for various elements and compounds of industrial or commercial utility.

Ammonium metavanadate generally finds application in the commercial synthesis of silver vanadate, manganese vanadate, and vanadium oxide because it is commonly used as a reagent, intermediate or substrate. It is extensively used to produce the Mandelin reagent that finds widespread usage in the detection of dangerous drugs for instance PMMA, PMA and psychoactive substances. The product gives the reagent a yellow color which changes when the reagent is added to a sample containing an alkaloid, and thus serves as a useful kit for the detection of various substances.

As per analysis, “Global Ammonium Metavanadate Market, 2021-2027” the key companies operating in the global ammonium metavanadate market include Vietnam Youngsun Tungsten Industry Co., Ltd., Largo Resources Ltd, Hunan Chuangda Vanadium Tungsten Co. Ltd., Nanyang Handing High-tech Materials Co. Ltd., U.S. Vanadium LLC, Ferro-Alloy Resources Limited, Angang Steel Company Limited, Shaanxi Huayuan Mining Industry Co., Ltd., Taiyo Koko Co., Ltd., Bushveld Vanchem Ltd., Chengde Chenggang Zhuyu Vanadium and Titanium Co., Ltd. and among others.

Rise in utilization of the inorganic compound in the steel industry, followed by growth in paint & coating sector and increase in application in illicit drug testing are some major factors, which are responsible for growth of the Ammonium Metavanadate Market. In addition, the wide applicability of ammonium metavanadate in the manufacture of almond reagent, which is widely used in the detection of dangerous drugs, is another factor that is predicted to sustain the growth of the target market. Governments around the world are spending heavy spending on the healthcare sector, the development of regulatory scenarios and rapid advances in laboratory chemicals are among other important factors that are probable to impel the growth of the target market. However, possibility for adverse health effects is a major hindering factor for market.

Based on regional analysis, the North-America is a leading region in global ammonium metavanadate market owing to rise in demand form paint industry and presence of large number of players across the region. The Asia-Pacific and Europe regions are estimated to witness higher growth rate due to rise in application in the textile industry and growth in production & consumption over the forecast period. It is projected that global ammonium metavanadate market will be reached at rapid pace as a result of growth in adoption of rechargeable sodium-ion batteries concerning to increasing inclination for the energy efficiency and extensive demand from glass industry during the forecast period.

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Global Ammonium Metavanadate Market Size 2021-2027

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Vanadium Pentoxide Market to Witness Comprehensive Growth by 2026

Vanadium pentoxide is an inorganic compound with formula V2O5. It is brown/yellow solid, and when freshly precipitated from aqueous solution, the color turns to deep orange. It is the most important compound of vanadium as per commercial perspective, being the principal precursor to alloys of vanadium and is a widely used industrial catalyst. In 1925, relatively pure vanadium was obtained by reducing vanadium pentoxide with calcium metal. Raw materials used to produce vanadium pentoxide include titanomagnetite ores and their concentrates which are processed directly, vanadium slags derived from ores, oil combustion residues, spent catalysts, and residues from the hydrometallization process. Primary industrial compounds manufactured directly from these raw materials are 98% (by weight) fused pentoxide, air-dried (technical-grade) pentoxide, and technical-grade ammonium metavanadate.

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Alkaline roasting is the main process used to produce vanadium pentoxide from vanadium slags. This process, with minor differences, can also be used to processes titanomagnetite ores and vanadium-containing residues. The slag is first ground to <100 µm and the iron granules are removed. Alkali metal salts are added and roasted with oxidation at temperatures between 700°C & 850°C in multiple-hearth furnaces or rotary kilns to form water-soluble pentavalent sodium orthovanadate. The roasted product is percolated with water and ammonium polyvanadate or sparingly-soluble ammonium metavanadate are precipitated in the crystalline form from the alkaline sodium orthovanadate solution by adding sulfuric or hydrochloric acid and ammonium salts at high temperatures. These compounds are converted to high-purity, alkali-free vanadium pentoxide by roasting. The commercial ‘flake’ form of vanadium pentoxide is obtained from the solidified melt. Hydrometallurgical methods or a combination of pyrometallurgical and hydrometallurgical processes are used to produce vanadium oxides and salts from other raw materials. Uranium production from carnotite and other vanadium-bearing ores also yield significant amounts of vanadium pentoxide.

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Increase in need for sustainable energy storage solution is expected to create opportunity in the vanadium pentoxide market. Investors across the globe are encouraging the development of vanadium redox flow battery technology by investing in related projects. This, in turn, is increasing the demand for vanadium pentoxide market. There is huge opportunity for research & development in vanadium redox flow batteries. The steel industry is the significant end-user segment for vanadium pentoxide owing to its value addition to the steel products by improving mechanical properties. Financial barriers, less-awareness, fluctuating demand, legal and regulatory issues are some factors that are expected to hamper the market.

In terms of application, the vanadium pentoxide can be segmented into production of metal alloys, oxidation catalyst, production of oxalic acid, energy storage, and others. Iron-vanadium and aluminum-vanadium master alloys are produced from vanadium pentoxide fused flakes due to the low loss on ignition, low sulfur and dust content, and high density of the molten oxide as compared to vanadium powder. These alloys are used in applications such as automotive steels, jet engines, and airframes. Based on end-use industry, the vanadium pentoxide market can be segregated into enameling, electrical & electronics, metallurgy, glass, chemicals, petrochemicals, paints & ceramics, and others.

Vanadium Pentoxide Market: Regional Outlook

In terms of geography, the global vanadium pentoxide market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Asia Pacific accounted for a dominant share in the global vanadium pentoxide market owing to the large steel industry in the region. Europe and North America are major producers and consumers of vanadium pentoxide market. The vanadium pentoxide market in Asia Pacific is projected to expand at a rapid pace during the forecast period due to the growth of the end-use industries. Latin America and Middle East & Africa are also promising vanadium pentoxide market.

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Key players operating in the vanadium pentoxide market include Aura Energy, Australian Vanadium Limited, Largo Resources Ltd., Bushveld Minerals., Prophecy Development Corp., and Premier Alloys & Chemicals Pvt. Ltd.

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Ammonium Metavanadate Market Study for 2019 to 2024 providing information on Key Players, Growth Drivers and Industry challenges

Ammonium Metavanadate Market Study for 2019 to 2024 providing information on Key Players, Growth Drivers and Industry challenges

“Ammonium Metavanadate Market Outlooks

Global Ammonium Metavanadate Marketresearch report has all the necessary vital details asked by the clients or any audiences in terms of market advantages or disadvantages and future market scope all mentioned in a very crystal clear manner. The report eloquently mentioned all the information regarding market competitors, growth rate, revenue ups and downs,…

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Global Ammonium Metavanadate Market Forecast to 2023: by Key Players, Application, Type and Region

Global Ammonium Metavanadate Market Forecast to 2023: by Key Players, Application, Type and Region

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Vanadium Compounds Market Insights & Development Status by 2025

Vanadium is a very hard metal which is light silvery in color, brittle, and stable in dry air at room temperature. It ranks seventeenth among the metals available in the earth’s crust but is considered to be rare as it is present in a dispersed form and its extraction and mining is very costly. Vanadium is not found in the elemental state but in a chemically combined form.

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Vanadium compounds can be classified into the following segments: oxides, pentoxides, sulphates, and vanadates. They are present in various forms such as liquid, hydrous cake, and powder. Vanadium salts (potassium metavandate, ammonium polyvanadate, and sodium metavanadate) and solutions display highly selective catalytic features. Vanadium oxide, when doped with tungsten, has been examined for use as a “spectrally-selective” window coating to block infrared transmission and reduce the harm of building inner heat through windows.

Vanadium pentoxide is used as a catalyst for sulphuric acid production, as a pigment, and in batteries. The vanadates include ammonium metavanadate, potassium metavanadate, and sodium metavanadate which find application in various fields. For instance, ammonium metavanadate is used as a synthetic catalyst for organic acids & in denitrification and as a corrosion inhibitor & a pigment. Potassium metavanadate is used as a corrosion inhibitor and a catalyst in desulfurization and denitrification. Sodium metavanadate is used as a pigment, catalyst in desulfurization, and corrosion inhibitor.

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On the basis of application, the vanadium compounds market can be segmented into the following sectors: chemical catalysts, pharmaceuticals, pigments, and glaze. Vanadium compounds are used as catalysts for the oxidation of sulphur dioxide. Vanadium pentoxide is an excellent catalyst used in the contact process for the production of sulphuric acid – an important process in the chemical industry. Vanadium compounds are testified to exhibit insulin-enhancing properties when administered orally.

Gastrointestinal absorption of vanadium is usually poor and depends on the chemical nature & solubility. These compounds are also employed in the pigments, ceramic, and paints industries. Ammonium metavanadate and sodium vanadate are responsible for the color of ceramic tiles and containers. Bismuth orthovanadate is a temperature-resistant yellow pigment employed in varnishes and plastics.

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