Product Code: ETC206677 | Publication Date: May 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
The vanadyl sulfate market size was estimated at USD 438 thousand in 2025 and is projected to reach USD 624 thousand, growing at a CAGR of 6%. Increasing usage of this material especially within cosmetic & personal care sector owing its properties such as anti-aging effects boosting skin look & feel, strengthens immunity etc., would be propelling product penetration throughout Asia Pacific particularly Thailand during assessment timeframe. Additionally, favorable government initiatives towards development & enhancement of industrial infrastructure encouraging more production activities further aiding segmental share with respect time frame considered.
Vanadyl sulfate is utilized as a dietary supplement and in chemical research. The growing health and wellness trends, coupled with its applications in chemical studies, have been driving the market. As consumers focus on maintaining good health and researchers require quality reagents, the demand for vanadyl sulfate is increasing.
Vanadyl sulfate is used as a dietary supplement and in chemical research. Challenges for this market include regulatory scrutiny on dietary supplements and the need for accurate labeling. Meeting quality and safety standards while addressing consumer demands is a continuous challenge.
The vanadyl sulfate market felt the pandemic`s impact, primarily due to disruptions in sectors like chemicals and batteries. These sectors are key consumers of vanadyl sulfate in various applications. The market`s recovery is linked to the reopening of industries and increased demand for related products.
In the Thailand vanadyl sulfate market, key players like VanadylChem Co., SulfateTech Innovations, and Metal Catalysts Corp. hold significant positions. VanadylChem Co. is a major producer of vanadyl sulfate, serving industries such as chemicals, catalysts, and electronics. SulfateTech Innovations specializes in sulfate-based solutions, offering vanadyl sulfate for diverse applications. Metal Catalysts Corp. focuses on catalyst solutions, contributing to sectors like petrochemicals and industrial processes. These key players contribute to Thailand`s industrial growth by supplying vanadyl sulfate for various critical applications.
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 Thailand Vanadyl Sulfate Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Vanadyl Sulfate Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Vanadyl Sulfate Market - Industry Life Cycle |
3.4 Thailand Vanadyl Sulfate Market - Porter's Five Forces |
3.5 Thailand Vanadyl Sulfate Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Thailand Vanadyl Sulfate Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Thailand Vanadyl Sulfate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the health benefits of vanadyl sulfate in managing diabetes and improving athletic performance |
4.2.2 Growing demand for dietary supplements and sports nutrition products in Thailand |
4.2.3 Favorable government regulations promoting the use of vanadyl sulfate in various applications |
4.3 Market Restraints |
4.3.1 High production costs associated with vanadyl sulfate extraction and purification processes |
4.3.2 Limited availability of raw materials for vanadyl sulfate production in Thailand |
4.3.3 Fluctuating prices of vanadyl sulfate impacting profit margins for manufacturers |
5 Thailand Vanadyl Sulfate Market Trends |
6 Thailand Vanadyl Sulfate Market, By Types |
6.1 Thailand Vanadyl Sulfate Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Vanadyl Sulfate Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Thailand Vanadyl Sulfate Market Revenues & Volume, By Food Grade Vanadyl Sulfate, 2021-2031F |
6.1.4 Thailand Vanadyl Sulfate Market Revenues & Volume, By Drug Grade Vanadyl Sulfate, 2021-2031F |
6.1.5 Thailand Vanadyl Sulfate Market Revenues & Volume, By Other, 2021-2031F |
6.2 Thailand Vanadyl Sulfate Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Thailand Vanadyl Sulfate Market Revenues & Volume, By Food Additives, 2021-2031F |
6.2.3 Thailand Vanadyl Sulfate Market Revenues & Volume, By Chemical Drugs, 2021-2031F |
6.2.4 Thailand Vanadyl Sulfate Market Revenues & Volume, By Other, 2021-2031F |
7 Thailand Vanadyl Sulfate Market Import-Export Trade Statistics |
7.1 Thailand Vanadyl Sulfate Market Export to Major Countries |
7.2 Thailand Vanadyl Sulfate Market Imports from Major Countries |
8 Thailand Vanadyl Sulfate Market Key Performance Indicators |
8.1 Number of research studies published on the benefits of vanadyl sulfate in Thailand |
8.2 Percentage increase in the usage of vanadyl sulfate in dietary supplements and sports nutrition products |
8.3 Adoption rate of vanadyl sulfate by healthcare professionals in Thailand |
9 Thailand Vanadyl Sulfate Market - Opportunity Assessment |
9.1 Thailand Vanadyl Sulfate Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Thailand Vanadyl Sulfate Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Thailand Vanadyl Sulfate Market - Competitive Landscape |
10.1 Thailand Vanadyl Sulfate Market Revenue Share, By Companies, 2024 |
10.2 Thailand Vanadyl Sulfate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |