Fact.MR, a market research and competitive intelligence provider, reveals in its recently published research report that the global vanadium market is estimated to advance at a CAGR of 8.5% and reach US$

The global vanadium ore market will grow from $2.78 billion in 2022 to $2.97 billion in 2023 at a compound annual growth rate (CAGR) of 6.9%. The Russia-Ukraine war disrupted

Vanadium is an ultratrace element present in higher plants, animals, algae, and bacteria. In recent years, vanadium complexes have been studied to be considered as a representative of a new

The microalloying elements V, Nb and Ti are commonly used to improve the properties of HSLA steels. Of these three microalloying elements, the carbides and nitrides of V have the highest solubility,

The vanadium market is largely driven by steel consumption, with up to 92% sold as ferrovanadium (a mixture of iron and vanadium). This market is projected to grow by an

The rise of renewable energy has exposed a new problem: energy storage. Solar and wind can generate very cheap electricity, but they’re intermittent. For entire grids to run on renewables,

A big change seems on the way for the vanadium market, thanks to “mega scale energy storage” battery technology.  The current market is largely driven by steel consumption, with up