What is the size of the Vanadium market ?

With 4.9 billion revenue in 2024, Vanadium market is forecasted to reach $5.2 billion in 2025

What is the growth rate of the Vanadium market?

The projected growth rate, for the Vanadium market is expected to be 6.5% of CAGR from 2025 to 2034

China, U.S., Russia, South Africa and Brazil are top 5 countries with largest market share in 2024

India, Brazil and South Africa are the top 3 countries, forecasted to have the highest growth rate between 2025 and 2034

Growing Steel Industry, Boost in Aerospace and Adoption in Energy Storage are fuelling the Vanadium market’s growth