Ferro Vanadium is an alloy used to add vanadium to molten steel. Steelmaking is the largest use of vanadium and accounts for 90 percent or more of all vanadium consumption worldwide.
Ferro Vanadium Alloy Market contains market size and forecasts of Ferro Vanadium Alloy in global, including the following market information:
- Global Ferro Vanadium Alloy Market Revenue, 2017-2022, 2023-2028, ($ millions)
- Global Ferro Vanadium Alloy Market Sales, 2017-2022, 2023-2028, (MT)
Global top five Ferro Vanadium Alloy companies in 2021 (%)
The global Ferro Vanadium Alloy market was valued at 1909.6 million in 2021 and is projected to reach US$ 2319 million by 2028, at a CAGR of 2.8% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Vanadium content: 35%-48% Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Ferro Vanadium Alloy include Pangang, EVRAZ, HBIS Chengsteel, Jinzhou Xinwanbo, AMG, Taiyo Koko, JFE Material and Hickman,Williams & Co, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Ferro Vanadium Alloy manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Ferro Vanadium Alloy Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Ferro Vanadium Alloy Market Segment Percentages, by Type, 2021 (%)
- Vanadium content: 35%-48%
- Vanadium content: 48%-60%
- Vanadium content: 70-85%
Global Ferro Vanadium Alloy Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Ferro Vanadium Alloy Market Segment Percentages, by Application, 2021 (%)
- Construction
- Automotive and Transportation
- Oil and Gas
- Aerospace
- Others
Global Ferro Vanadium Alloy Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Ferro Vanadium Alloy Market Segment Percentages, By Region and Country, 2021 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Ferro Vanadium Alloy revenues in global market, 2017-2022 (Estimated), ($ millions)
- Key companies Ferro Vanadium Alloy revenues share in global market, 2021 (%)
- Key companies Ferro Vanadium Alloy sales in global market, 2017-2022 (Estimated), (MT)
- Key companies Ferro Vanadium Alloy sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Pangang
- EVRAZ
- HBIS Chengsteel
- Jinzhou Xinwanbo
- AMG
- Taiyo Koko
- JFE Material
- Hickman,Williams & Co
Industry Market Size
