Global Ammonium Metavanadate Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Form;

Powder, and Granules.

By Purity;

98% - 99%, and Minimum 99%.

By Application;

Chemical Reagents, Catalysts, Paints, inks & dyes, Ceramics, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn150495375 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Ammonium Metavanadate Market (USD Million), 2021 - 2031

In the year 2024, the Global Ammonium Metavanadate Market was valued at USD 86.67 million. The size of this market is expected to increase to USD 134.69 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.5%.

The global ammonium metavanadate market has been experiencing steady growth due to its diverse applications across various industries. Ammonium metavanadate, a compound characterized by its vanadium content, is primarily used as a catalyst in chemical reactions, particularly in the production of sulfuric acid and other industrial chemicals. Its catalytic properties are crucial in enhancing reaction efficiency and selectivity, making it valuable in both industrial and research settings. Additionally, the compound is employed in the production of vanadium-based alloys, which are essential in manufacturing high-strength steel and other advanced materials.

The market for ammonium metavanadate is also driven by its role in the electronics industry, where it is used in the production of specialized materials and components. Its application in electronics is bolstered by the growing demand for advanced materials with specific electrical and thermal properties. The compound's use in ceramics and glass production, where it imparts desirable properties such as color and stability, further supports its market growth. As technological advancements continue to evolve, the demand for high-performance materials incorporating ammonium metavanadate is expected to rise, driving further expansion in the market.

The ammonium metavanadate market shows varied growth patterns. North America and Europe are significant markets due to their established industrial bases and focus on technological innovation. In these regions, the compound's applications in chemical manufacturing, electronics, and materials science drive steady demand. Meanwhile, the Asia-Pacific region is emerging as a major growth area, fueled by rapid industrialization and increasing investments in infrastructure and manufacturing. The Middle East and Africa, along with Latin America, are also witnessing gradual growth, supported by expanding industrial activities and improving economic conditions. Overall, the global ammonium metavanadate market is set for continued growth, driven by its diverse applications and expanding industrial usage across various regions.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Form
    2. Market Snapshot, By Purity
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Ammonium Metavanadate Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Industrial Catalysts
        2. Electronics Materials
        3. Alloy Production
      2. Restraints
        1. Regulatory Compliance
        2. High Costs
        3. Health Hazards
      3. Opportunities
        1. Industrial Catalysts
        2. Electronics Materials
        3. Vanadium Alloys
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Ammonium Metavanadate Market, By Form, 2021 - 2031 (USD Million)
      1. Powder
      2. Granules
    2. Global Ammonium Metavanadate Market, By Purity, 2021 - 2031 (USD Million)
      1. 98% - 99%
      2. Minimum 99%
    3. Global Ammonium Metavanadate Market, By Application, 2021 - 2031 (USD Million)
      1. Chemical Reagents
      2. Catalysts
      3. Paints, inks & dyes
      4. Ceramics
      5. Others
    4. Global Ammonium Metavanadate Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia/New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. American Elements
      2. Merck KGaA
      3. Thermo Fisher Scientific
      4. Santa Cruz Biotechnology, Inc.
      5. Yogi Dye Chem Industries
      6. ACS Chemicals
      7. AVANSCHEM
      8. GfE Gesellschaft für Elektrometallurgie mbH
      9. Sisco Research Laboratories Pvt. Ltd.
      10. Strem Chemicals
      11. MoTiV Metals LLC
      12. Angang Steel Company Limited
      13. Bushveld Minerals
  7. Analyst Views
  8. Future Outlook of the Market