Ammonium Metavanadate Market

By Form;

Powder, Granules and Solution

By Purity;

Technical Grade, Reagent Grade and High Purity Grade

By Application;

Catalyst, Chemical Intermediates, Colorants and Electrolytes

By End-User;

Chemical Manufacturing, Metallurgy, Electronics and Glass Production

By Geography;

North America, Europe, Asia Pacific, Middle East and & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn150495375 Published Date: August, 2025 Updated Date: September, 2025

Ammonium Metavanadate Market Overview

Ammonium Metavanadate Market (USD Million)

Ammonium Metavanadate Market was valued at USD 86.67 million in the year 2024. The size of this market is expected to increase to USD 134.69 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.5%.


Ammonium Metavanadate Market

*Market size in USD million

CAGR 6.5 %


Study Period2025 - 2031
Base Year2024
CAGR (%)6.5 %
Market Size (2024)USD 86.67 Million
Market Size (2031)USD 134.69 Million
Market ConcentrationMedium
Report Pages391
86.67
2024
134.69
2031

Major Players

  • American Elements
  • Merck KGaA
  • Thermo Fisher Scientific
  • Santa Cruz Biotechnology, Inc.
  • Yogi Dye Chem Industries
  • ACS Chemicals
  • AVANSCHEM
  • GfE Gesellschaft für Elektrometallurgie mbH
  • Sisco Research Laboratories Pvt. Ltd.
  • Strem Chemicals
  • MoTiV Metals LLC
  • Angang Steel Company Limited
  • Bushveld Minerals

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Ammonium Metavanadate Market

Fragmented - Highly competitive market without dominant players


The Ammonium Metavanadate Market is experiencing consistent growth, fueled by its wide applications in catalysts, vanadium alloys, and specialty chemicals. Nearly 55% of its demand comes from vanadium pentoxide production, which is widely used in energy storage, glass coatings, and ceramics. With the increasing adoption of vanadium redox flow batteries, the compound is becoming vital to the clean energy transition.

Growing Role in Energy Storage
A strong growth driver is its role in energy storage technologies, particularly vanadium redox flow batteries, which account for nearly 35% of vanadium-related innovations. The global shift toward renewable energy and efficient storage solutions is accelerating the use of ammonium metavanadate in this segment.

Support from Industrial Catalysts
In addition, about 40% of production is consumed in industrial catalysts, especially in petrochemicals and sulfuric acid manufacturing. The increasing need for efficient catalysts in large-scale industrial processes is solidifying ammonium metavanadate’s importance in global chemical industries.

Positive Outlook with Sustainable Trends
Looking ahead, the market is set to grow with rising investments in sustainable energy, advanced materials, and green chemical processing. With more than 30% of research focused on eco-friendly applications of vanadium compounds, ammonium metavanadate is positioned as a critical enabler of innovation across multiple high-potential industries.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Form
    2. Market Snapshot, By Purity
    3. Market Snapshot, By Application
    4. Market Snapshot, By End-User
    5. Market Snapshot, By Region
  4. Ammonium Metavanadate Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Industrial Catalysts
        2. Electronics Materials
        3. Alloy Production
      2. Restraints
        1. Regulatory Compliance
        2. High Costs
        3. Health Hazards
      3. Opportunities
        1. Industrial Catalysts
        2. Electronics Materials
        3. Vanadium Alloys
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Ammonium Metavanadate Market, By Form, 2021 - 2031 (USD Million)
      1. Powder
      2. Granules
      3. Solution
    2. Ammonium Metavanadate Market, By Purity, 2021 - 2031 (USD Million)
      1. Technical Grade
      2. Reagent Grade
      3. High Purity Grade
    3. Ammonium Metavanadate Market, By Application, 2021 - 2031 (USD Million)

      1. Catalyst

      2. Chemical Intermediates,

      3. Colorants

      4. Electrolytes

    4. Ammonium Metavanadate Market, By End-User, 2021 - 2031 (USD Million)
      1. Chemical Manufacturing
      2. Metallurgy
      3. Electronics
      4. Glass Production
    5. Ammonium Metavanadate Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)

        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. American Elements
      2. Merck KGaA
      3. Thermo Fisher Scientific
      4. Santa Cruz Biotechnology, Inc.
      5. Yogi Dye Chem Industries
      6. ACS Chemicals
      7. AVANSCHEM
      8. GfE Gesellschaft für Elektrometallurgie mbH
      9. Sisco Research Laboratories Pvt. Ltd.
      10. Strem Chemicals
      11. MoTiV Metals LLC
      12. Angang Steel Company Limited
      13. Bushveld Minerals
  7. Analyst Views
  8. Future Outlook of the Market