Ammonium Metavanadate Market - By Form, By Purity, By Application, Region-Forecasts from 2019 to 2025

Global Ammonium Metavanadate Market demand from paints, inks & dyes should register over 6% gains by 2025 on account of rising demand for textile products pertaining to changing consumer preferences and rising disposable income. The product plays a vital role as a drying agent in the production of dyes and pigments which enhances their drying rate. Growing adoption of digital printing technology should drive the requirement for dyes & printing inks and trigger market growth.

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Booming construction sector globally owing to urban population growth & industrialization will boost the requirement for ceramic tiles & sanitaryware, thus accelerating ammonium metavanadate market growth. The product finds widespread usage as a raw material for producing ceramic glazes and colorants. Substantial economic growth, favorable government policies to boost infrastructure sector and significant investment in telecommunication facilities should drive product adoption in ceramic industry.

Global powder form market should surpass USD 65 million by 2025 pertaining to growing demand for catalysts to reduce production costs & environmental emissions in electrical & electronics and automotive sectors. Ammonium metavanadate finds widespread usage as a catalyst owing to its ability to improve yield, cost effectiveness and ability to conduct chemical reactions at room temperature. Significant expansion of chemical industry owing to growing demand for plastics and rubber should further stimulate the demand for catalysts and boost ammonium metavanadate market growth.

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Europe ammonium vanadate market led by UK, France and Germany should surpass USD 24.5 million owing to growing demand for glass as a packaging material from the regional beverage sector. The product improves the functionality of glass by imparting UV & infrared resistance and yellow coloration. Growing consumer awareness regarding the sustainable nature of packaging glass and growing adoption of solar products to promote energy efficiency should further promote ammonium metavanadate market growth.

Merck, American Elements, Strem Chemicals, ACS Chemicals, Thermo Fisher Scientific and Motiv Metals are among the major industry participants. The industry participants are engaged in strategic acquisitions to expand their product portfolio and achieve ammonium metavanadate market growth.

Table Of Content For This Research Report:

Chapter 4 Ammonium Metavanadate Market, By Form

4.1 Key form trends

4.2 Powder

4.2.1 Global ammonium metavanadate powder market estimates and forecast, 2014-2025, (Tons) (USD Million)

4.2.2 Global ammonium metavanadate powder market, by region, 2014-2025, (Tons) (USD Million)

4.3 Granules

4.3.1 Global ammonium metavanadate granules market estimates and forecast, 2014-2025, (Tons) (USD Million)

4.3.2 Global ammonium metavanadate granules market, by region, 2014-2025, (Tons) (USD Million)

Chapter 5 Ammonium Metavanadate Market, By Purity

5.1 Key purity trends

5.2 98% - 99%

5.2.1 Global 98% - 99% ammonium metavanadate market estimates and forecast, 2014-2025, (Tons) (USD Million)

5.2.2 Global 98% - 99% ammonium metavanadate market from, by region, 2014-2025, (Tons) (USD Million)

5.3 Minimum 99%

5.3.1 Global minimum 99% ammonium metavanadate market estimates and forecast, 2014-2025, (Tons) (USD Million)

5.3.2 Global minimum 99% ammonium metavanadate market, by region, 2014-2025, (Tons) (USD Million)

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