According to a market report by Lucintel, the future of the global spherical vanadium powder market looks promising with opportunities in the aerospace, energy storage, and industrial tool markets. The global spherical vanadium powder market is expected to grow with a CAGR of 7.4% from 2024 to 2030. The major drivers for this market are growing demand from the energy storage industry, increasing awareness of the benefits of spherical vanadium powder, and increased demand from aerospace industry.
A more than 150-page report to understand trends, opportunity and forecast in spherical vanadium powder market to 2030 by production method (physical and chemical), material (high purity and low purity), application (aerospace, energy storage, and industrial tools), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that high purity will remain the larger segment over the forecast period.
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APAC will remain the largest region over the forecast period.
Advanced Metallurgical Group, China Vanadium Titano-Magnetite Mining, Bushveld Minerals, VanadiumCorp, Atlantic, Treibacher, EVRAZ, Glencore, Largo Resources, Vanadium One Iron are the major suppliers in the spherical vanadium powder market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]To get access of more than 1000 reports at fraction of cost visit Lucintel'sAnalytics Dashboard.
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Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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