Market Overview:
The global vanadium market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as increasing demand for vanadium in steelmaking and rising demand for vanadium-based batteries. Vanadyl sulphate is a form of vanadium that is used as an additive in various applications. It has high purity levels of 98% or more and finds application in industries such as medicine, ceramics and glass, fabric, paint, vanadium cell, organic synthesis and others. North America dominates the global market for vanadyl sulphate due to the presence of key players operating in this region.
Product Definition:
Vanadyl Sulphate is an inorganic compound with the formula VO2S2O7. It is a white solid that is soluble in water. It was once used as a medication to treat diabetes, but it has since been discontinued.
≥98%:
Vanadyl Sulphate is a polymer with molecular formula (C16H22)2SO4. It has a strong smell of Sulphur and tastes like sulpuric acid. It is usually prepared by the reaction of sulfuric acid with vanadium pentoxide, which is obtained as a by-product in the production of vulcanized rubber.
≥97%:
Vanadyl sulphate is a polymer with molecular formula (C16H14S)2. It has a slight odor like garlic and tastes slightly sweet. It is soluble in water, ethanol, ether and diethyl ether. The product exists in two forms - monohydrate (calcium form) and dihydrate (sulphuric acid form).
The product can be manufactured by the wet method or the dry method.
Application Insights:
Vanadyl sulphate is used in the production of ceramic tiles, paints, vanadium cell and organic synthesis. The other application segment includes its use in cosmetics and pharmaceuticals. Medicine emerged as the leading application segment for vanadyl sulphate with a share of over 40% in 2017. It is extensively used to produce medicinal products such as vaccines owing to its high biodegradability property which makes it an ideal compound for use in vaccine development.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to witness a CAGR of XX% over the forecast period, owing to increasing demand for vanadyl sulfate from various application industries due to rising consumer disposable income and growing population. China, India, Japan and South Korea are some of the major countries that contribute significantly towards regional growth owing to their large manufacturing sector and rapid economic development.
The presence of key manufacturers such as Nippon Kayaku Corporation; SINOPEC; Sinopharm Chemical Holdings Co., Ltd.; Indian Oil Corp.; Lanxess A GmbH & Co., KG; M/s Dabur Inc.; M/s GlaxoSmithKline Plc.
Growth Factors:
- Increasing awareness about the health benefits of vanadium and its potential to improve overall fitness and athletic performance is driving demand for vanadyl sulfate supplements.
- Growing popularity of vegan and paleo diets has led to an increase in the use of vanadyl sulfate as a dietary supplement among people who follow these diets.
- Vanadium is being increasingly recognized as a beneficial mineral for people with diabetes, prediabetes, or insulin resistance, which is driving demand for vanadyl sulfate supplements among this population segment.
- Some studies have shown that vanadium may help reduce inflammation, which could lead to increased use of vanadyl sulfate supplements as an anti-inflammatory agent.
Scope Of The Report
Report Attributes
Report Details
Report Title
Vanadyl Sulphate Market Research Report
By Type
≥98%, ≥97%, Other
By Application
Medicine, Ceramics and Glass, Fabric, Paint, Vanadium Cell, Organic Synthesis, Other
By Companies
Lasa Laboratory, Omkar Speciality Chemicals, Finoric, Shanghai Daiyuan Fine Chemical, Hubei Xinrunde Chemical, Suzhou Donghua Fangui, Hunan Sanfeng Vanadium Industry, Shenyangshi Haizhongtian Chemical, Zhengzhou Chunqiu Chemical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
176
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Vanadyl Sulphate Market Report Segments:
The global Vanadyl Sulphate market is segmented on the basis of:
Types
≥98%, ≥97%, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Medicine, Ceramics and Glass, Fabric, Paint, Vanadium Cell, Organic Synthesis, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Lasa Laboratory
- Omkar Speciality Chemicals
- Finoric
- Shanghai Daiyuan Fine Chemical
- Hubei Xinrunde Chemical
- Suzhou Donghua Fangui
- Hunan Sanfeng Vanadium Industry
- Shenyangshi Haizhongtian Chemical
- Zhengzhou Chunqiu Chemical
Highlights of The Vanadyl Sulphate Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- ≥98%
- ≥97%
- Other
- By Application:
- Medicine
- Ceramics and Glass
- Fabric
- Paint
- Vanadium Cell
- Organic Synthesis
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Vanadyl Sulphate Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Vanadyl Sulphate is a salt that is made from vanadium and sulfur. It is used in many different industries, including the food industry, to help preserve foods.
Some of the key players operating in the vanadyl sulphate market are Lasa Laboratory, Omkar Speciality Chemicals, Finoric, Shanghai Daiyuan Fine Chemical, Hubei Xinrunde Chemical, Suzhou Donghua Fangui, Hunan Sanfeng Vanadium Industry, Shenyangshi Haizhongtian Chemical, Zhengzhou Chunqiu Chemical.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Vanadyl Sulphate Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Vanadyl Sulphate Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Vanadyl Sulphate Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Vanadyl Sulphate Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Vanadyl Sulphate Market Size & Forecast, 2020-2028
4.5.1 Vanadyl Sulphate Market Size and Y-o-Y Growth
4.5.2 Vanadyl Sulphate Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 ≥98%
5.2.2 ≥97%
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Medicine
6.2.2 Ceramics and Glass
6.2.3 Fabric
6.2.4 Paint
6.2.5 Vanadium Cell
6.2.6 Organic Synthesis
6.2.7 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Vanadyl Sulphate Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Vanadyl Sulphate Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 ≥98%
9.6.2 ≥97%
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Medicine
9.10.2 Ceramics and Glass
9.10.3 Fabric
9.10.4 Paint
9.10.5 Vanadium Cell
9.10.6 Organic Synthesis
9.10.7 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 ≥98%
10.6.2 ≥97%
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Medicine
10.10.2 Ceramics and Glass
10.10.3 Fabric
10.10.4 Paint
10.10.5 Vanadium Cell
10.10.6 Organic Synthesis
10.10.7 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 ≥98%
11.6.2 ≥97%
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Medicine
11.10.2 Ceramics and Glass
11.10.3 Fabric
11.10.4 Paint
11.10.5 Vanadium Cell
11.10.6 Organic Synthesis
11.10.7 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 ≥98%
12.6.2 ≥97%
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Medicine
12.10.2 Ceramics and Glass
12.10.3 Fabric
12.10.4 Paint
12.10.5 Vanadium Cell
12.10.6 Organic Synthesis
12.10.7 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 ≥98%
13.6.2 ≥97%
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Medicine
13.10.2 Ceramics and Glass
13.10.3 Fabric
13.10.4 Paint
13.10.5 Vanadium Cell
13.10.6 Organic Synthesis
13.10.7 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Vanadyl Sulphate Market: Competitive Dashboard
14.2 Global Vanadyl Sulphate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Lasa Laboratory
14.3.2 Omkar Speciality Chemicals
14.3.3 Finoric
14.3.4 Shanghai Daiyuan Fine Chemical
14.3.5 Hubei Xinrunde Chemical
14.3.6 Suzhou Donghua Fangui
14.3.7 Hunan Sanfeng Vanadium Industry
14.3.8 Shenyangshi Haizhongtian Chemical
14.3.9 Zhengzhou Chunqiu Chemical
