Press release
Vanadium Ore Mining Market Set To Grow At Healthy CAGR | Opportunities | Demand | Forecast Analysis Report 2020-30: Covid-19 Impact And Recovery
The global vanadium ore mining market is expected to decline from $1.7 billion in 2019 to $1.6 billion in 2020 at a compound annual growth rate (CAGR) of -5.8%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 18% from 2021 and reach $2.5 billion in 2023.
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The vanadium mining market consists of sales of vanadium ores and concentrates and related services.
The increasing use of Vanadium in automobile industry will drive the Vanadium ore mining market. Use of vanadium alloy for manufacturing automobile parts will reduce their weight and increases their fuel efficiency.
Vanadium Ore Mining Market Segmentation: -
By Type
1. FeV40
2. FeV50
3. FeV60
4. FeV80
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Few Points From Table Of Content
1. Executive Summary
2. Vanadium Ore Mining Market Characteristics
3. Vanadium Ore Mining Market Size And Growth
4. Vanadium Ore Mining Market Segmentation
5. Vanadium Ore Mining Market Regional And Country Analysis
……
25. Vanadium Ore Mining Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Vanadium Ore Mining Market
27. Vanadium Ore Mining Market Trends And Strategies
28. Vanadium Ore Mining Market Future Outlook and Potential Analysis
29. Appendix
The report covers the trends and market dynamics of the vanadium ore mining market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the vanadium ore mining market are Atlantic Ltd, VanadiumCorp, Evraz, Panzhihua Iron and Steel Group and Bushveld Minerals
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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