| Product Code: ETC4863721 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
Hong Kong`s vanadium pentoxide import market in 2024 continued to be dominated by a small number of countries, with Japan, USA, China, Czechia, and Belgium being the top exporters. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The compound annual growth rate (CAGR) from 2020 to 2024 was negative at -49.86%, with a significant decline in growth rate from 2023 to 2024 at -72.3%. This data suggests a challenging environment for vanadium pentoxide importers in Hong Kong, with a continued trend of decreased demand or other market factors impacting the industry.
| 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 Hong Kong Vanadium Pentoxide Market Overview | 
| 3.1 Hong Kong Country Macro Economic Indicators | 
| 3.2 Hong Kong Vanadium Pentoxide Market Revenues & Volume, 2021 & 2031F | 
| 3.3 Hong Kong Vanadium Pentoxide Market - Industry Life Cycle | 
| 3.4 Hong Kong Vanadium Pentoxide Market - Porter's Five Forces | 
| 3.5 Hong Kong Vanadium Pentoxide Market Revenues & Volume Share, By Type, 2021 & 2031F | 
| 3.6 Hong Kong Vanadium Pentoxide Market Revenues & Volume Share, By Application, 2021 & 2031F | 
| 3.7 Hong Kong Vanadium Pentoxide Market Revenues & Volume Share, By Vertical, 2021 & 2031F | 
| 4 Hong Kong Vanadium Pentoxide Market Dynamics | 
| 4.1 Impact Analysis | 
| 4.2 Market Drivers | 
| 4.2.1 Increasing demand for vanadium pentoxide in energy storage applications | 
| 4.2.2 Growing adoption of vanadium redox flow batteries | 
| 4.2.3 Favorable government policies supporting renewable energy sources | 
| 4.3 Market Restraints | 
| 4.3.1 Fluctuating prices of raw materials | 
| 4.3.2 Intense competition from alternative energy storage solutions | 
| 5 Hong Kong Vanadium Pentoxide Market Trends | 
| 6 Hong Kong Vanadium Pentoxide Market Segmentations | 
| 6.1 Hong Kong Vanadium Pentoxide Market, By Type | 
| 6.1.1 Overview and Analysis | 
| 6.1.2 Hong Kong Vanadium Pentoxide Market Revenues & Volume, By Dry Vanadium Pentoxide, 2021-2031F | 
| 6.1.3 Hong Kong Vanadium Pentoxide Market Revenues & Volume, By Wet Vanadium Pentoxide, 2021-2031F | 
| 6.1.4 Hong Kong Vanadium Pentoxide Market Revenues & Volume, By Others, 2021-2031F | 
| 6.2 Hong Kong Vanadium Pentoxide Market, By Application | 
| 6.2.1 Overview and Analysis | 
| 6.2.2 Hong Kong Vanadium Pentoxide Market Revenues & Volume, By Sulfuric Acid Preparation, 2021-2031F | 
| 6.2.3 Hong Kong Vanadium Pentoxide Market Revenues & Volume, By Vanadium Metal Alloys, 2021-2031F | 
| 6.2.4 Hong Kong Vanadium Pentoxide Market Revenues & Volume, By Others, 2021-2031F | 
| 6.3 Hong Kong Vanadium Pentoxide Market, By Vertical | 
| 6.3.1 Overview and Analysis | 
| 6.3.2 Hong Kong Vanadium Pentoxide Market Revenues & Volume, By Chemical & Petrochemical, 2021-2031F | 
| 6.3.3 Hong Kong Vanadium Pentoxide Market Revenues & Volume, By Oil & Gas, 2021-2031F | 
| 6.3.4 Hong Kong Vanadium Pentoxide Market Revenues & Volume, By Energy & Power, 2021-2031F | 
| 6.3.5 Hong Kong Vanadium Pentoxide Market Revenues & Volume, By Automotive, 2021-2031F | 
| 6.3.6 Hong Kong Vanadium Pentoxide Market Revenues & Volume, By Food & Beverages, 2021-2031F | 
| 6.3.7 Hong Kong Vanadium Pentoxide Market Revenues & Volume, By Steel, 2021-2031F | 
| 6.3.8 Hong Kong Vanadium Pentoxide Market Revenues & Volume, By Others, 2021-2031F | 
| 6.3.9 Hong Kong Vanadium Pentoxide Market Revenues & Volume, By Others, 2021-2031F | 
| 7 Hong Kong Vanadium Pentoxide Market Import-Export Trade Statistics | 
| 7.1 Hong Kong Vanadium Pentoxide Market Export to Major Countries | 
| 7.2 Hong Kong Vanadium Pentoxide Market Imports from Major Countries | 
| 8 Hong Kong Vanadium Pentoxide Market Key Performance Indicators | 
| 8.1 Global demand for vanadium pentoxide | 
| 8.2 Investment in research and development for vanadium redox flow batteries | 
| 8.3 Number of new energy storage projects utilizing vanadium pentoxide | 
| 9 Hong Kong Vanadium Pentoxide Market - Opportunity Assessment | 
| 9.1 Hong Kong Vanadium Pentoxide Market Opportunity Assessment, By Type, 2021 & 2031F | 
| 9.2 Hong Kong Vanadium Pentoxide Market Opportunity Assessment, By Application, 2021 & 2031F | 
| 9.3 Hong Kong Vanadium Pentoxide Market Opportunity Assessment, By Vertical, 2021 & 2031F | 
| 10 Hong Kong Vanadium Pentoxide Market - Competitive Landscape | 
| 10.1 Hong Kong Vanadium Pentoxide Market Revenue Share, By Companies, 2024 | 
| 10.2 Hong Kong Vanadium Pentoxide Market Competitive Benchmarking, By Operating and Technical Parameters | 
| 11 Company Profiles | 
| 12 Recommendations | 13 Disclaimer |