| Product Code: ETC6744927 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
China import shipments of high purity vanadium pentoxide in 2024 continued to showcase strong demand, with top exporting countries including Japan, China, USA, South Korea, and Belgium. The high Herfindahl-Hirschman Index (HHI) indicates a concentration among these key suppliers. Despite a negative compound annual growth rate (CAGR) from 2020 to 2024, the notable growth rate of 46.41% from 2023 to 2024 signals a potential uptick in market activity and opportunities in the coming year.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 China High Purity Vanadium Pentoxide Market Overview |
3.1 China Country Macro Economic Indicators |
3.2 China High Purity Vanadium Pentoxide Market Revenues & Volume, 2021 & 2031F |
3.3 China High Purity Vanadium Pentoxide Market - Industry Life Cycle |
3.4 China High Purity Vanadium Pentoxide Market - Porter's Five Forces |
3.5 China High Purity Vanadium Pentoxide Market Revenues & Volume Share, By Products, 2021 & 2031F |
3.6 China High Purity Vanadium Pentoxide Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 China High Purity Vanadium Pentoxide Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for high purity vanadium pentoxide in the energy storage sector |
4.2.2 Growth in the steel and aerospace industries driving the demand for high purity vanadium pentoxide |
4.2.3 Favorable government policies and subsidies supporting the production and use of high purity vanadium pentoxide |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production cost of high purity vanadium pentoxide |
4.3.2 Intense competition from other materials used in energy storage applications |
4.3.3 Environmental regulations and restrictions affecting the production processes of high purity vanadium pentoxide |
5 China High Purity Vanadium Pentoxide Market Trends |
6 China High Purity Vanadium Pentoxide Market, By Types |
6.1 China High Purity Vanadium Pentoxide Market, By Products |
6.1.1 Overview and Analysis |
6.1.2 China High Purity Vanadium Pentoxide Market Revenues & Volume, By Products, 2021- 2031F |
6.1.3 China High Purity Vanadium Pentoxide Market Revenues & Volume, By Min.99.5% V2O5, 2021- 2031F |
6.1.4 China High Purity Vanadium Pentoxide Market Revenues & Volume, By Min.99% V2O5, 2021- 2031F |
6.1.5 China High Purity Vanadium Pentoxide Market Revenues & Volume, By Min.99.9% V2O5, 2021- 2031F |
6.2 China High Purity Vanadium Pentoxide Market, By End-User |
6.2.1 Overview and Analysis |
6.2.2 China High Purity Vanadium Pentoxide Market Revenues & Volume, By Metallurgy/Steelmaking, 2021- 2031F |
6.2.3 China High Purity Vanadium Pentoxide Market Revenues & Volume, By Chemical Catalyst, 2021- 2031F |
6.2.4 China High Purity Vanadium Pentoxide Market Revenues & Volume, By Vanadium Cell/VRB, 2021- 2031F |
6.2.5 China High Purity Vanadium Pentoxide Market Revenues & Volume, By Others, 2021- 2031F |
7 China High Purity Vanadium Pentoxide Market Import-Export Trade Statistics |
7.1 China High Purity Vanadium Pentoxide Market Export to Major Countries |
7.2 China High Purity Vanadium Pentoxide Market Imports from Major Countries |
8 China High Purity Vanadium Pentoxide Market Key Performance Indicators |
8.1 Average selling price of high purity vanadium pentoxide |
8.2 Number of new energy storage projects using high purity vanadium pentoxide |
8.3 Capacity utilization rate of high purity vanadium pentoxide production facilities |
8.4 Research and development investment in improving the quality and efficiency of high purity vanadium pentoxide production |
8.5 Number of government initiatives supporting the adoption of high purity vanadium pentoxide |
9 China High Purity Vanadium Pentoxide Market - Opportunity Assessment |
9.1 China High Purity Vanadium Pentoxide Market Opportunity Assessment, By Products, 2021 & 2031F |
9.2 China High Purity Vanadium Pentoxide Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 China High Purity Vanadium Pentoxide Market - Competitive Landscape |
10.1 China High Purity Vanadium Pentoxide Market Revenue Share, By Companies, 2024 |
10.2 China High Purity Vanadium Pentoxide Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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