Global Vanadium Market Is on the Rise, Says Merchant Research & Consulting in Its Topical Report Available at MarketPublishers.com

LONDON--(BUSINESS WIRE)--

At present, the world's vanadium markets is on the rise, driven majorly by the ongoing emergence of novel vanadium applications and also expansion of conventional applications, especially in the BRIC countries.

Conventional and novel vanadium applications comprise various industry sectors, for instance, grid scale renewable energy storage, steelmaking, catalysts, high performance batteries and chemicals, amid others.

China, South Africa and Russia form top three global vanadium-producing countries.

The global demand for vanadium is predicted to more than double by the year 2025.

Topical research publication "Vanadium: Global Market Trends and Prospects" drawn up by Merchant Research & Consulting, Ltd. gives a detailed guide to the world vanadium market landscape, presents historical market insights, reviews the current scenario, outlines future growth prospects and also identifies promising growth areas.

The major market growth influencing factors are examined and top trends are discussed in this report. The research study reviews the recent industry developments and product launches and also sheds light on the competitive landscape and contains top players' profiles. The report investigates the current situation across the major geographical markets for vanadium and also includes comprehensive 5-year forecasts for the vanadium market at various geographical scales.

More insightful research reports by this publisher are offered in the Merchant Research & Consulting catalogue available at MarketPublishers.com.

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