China is the world’s major vanadium production country, the production capacity in 2011 reached 96,000 tons; the output volume reached 70,000 tons, accounting for 48% of the global output volume. It is estimated that the production capacity of vanadium pentoxide enterprises will reach 111,500 tons in 2012, and this number will reach 136,000 tons in 2015, and in 2017, the production capacity of vanadium pentoxide in China will reach over 200,000 tons and the output will reach over 150,000 tons.
As for short-term, the demand of steel is still the most important demand direction for vanadium, despite the overall growth of steel output and the adjustment of product structure increase the using strength of vanadium, the growth demand for vanadium in steel industry is steady, and there is no opportunity for the explosive growth.
The rapid development of solar energy and wind power also brings opportunities to the vanadium industry. Based on many advantages of the vanadium battery, in the future development of solar energy and wind power, the requirement space of vanadium battery will be huge. We expect that the future market capacity will be amazing. In addition, there is also a huge requirement space of vanadium battery in the fields of electric vehicles and peak load regulation.
Vanadium is a China’s typical superior resources, the government’s intent to integrate resource and reasonable control the supply is clear, the future regulation of the supply and demand relationship will control the changes of supply direction, the industrial profitability will be improved significantly.
Through the analysis of the supply of vanadium ore and the downstream demand trend, the future supply of vanadium ore will affected by the growth speed decline of magnetite mining scale, while except for the demand in steel industry, the application space of vanadium battery will be very large.
1. Overview of Vanadium Pentoxide
2. Production Process and Technical Progress of Vanadium Pentoxide
2.1 Main Methods of Production
2.2 Process Technology Progress and Development Trend
3. Production Conditions and Manufacturers of Vanadium Pentoxide in China
3.1 Production Conditions
3.2 Information of Major Manufacturers
3.3 Production Capacity / Output Statistics of Manufacturers
3.4 Production Capacity / Output Forecast of Manufacturers
3.5 Industrial Analysis and Forecast
4. Market Analysis of Vanadium Pentoxide in China
4.1 Demand Scale
4.2 Consumption Sector and Consumption Structure
4.3 Balance between Production and Demand
4.4 Factors of Affecting Market Demand
4.5 Development Forecast of Market Demand
5. Market Analysis of Overseas Vanadium Pentoxide
6. Export Statistics and Analysis of Vanadium Pentoxide
6.1 Export Statistics in 2011
6.2 Recent Export Volume
7. Price Trend of Vanadium Pentoxide Market
7.1 International Price Trend
7.2 Domestic Price Trend
8. Upstream and Downstream Products of Vanadium Pentoxide
8.1 Supplies of China’s Steel Industry
8.2 Supplies of Iron Alloy
9. Investment of Vanadium Pentoxide Project
9.1 Investment Suggestion
9.2 Economic Benefit Accounting
9.3 Project to Be Built and Project in Progress
10. Conclusion and Suggestion