Vanadium Pentoxide Market – Research Report Forecast Until 2024 Growth Analysis up to 2026
Vanadium Pentoxide Market: Overview Vanadium pentoxide is an inorganic compound with formula V2O5. It is brown/yellow solid, and when freshly precipitated from aqueous solution, the color turns to deep orange. It is the most important compound of vanadium as per commercial perspective, being the principal precursor to alloys of vanadium and is a widely used industrial catalyst. In 1925, relatively pure vanadium was obtained by reducing vanadium pentoxide with calcium metal. Raw materials used to produce vanadium pentoxide include titanomagnetite ores and their concentrates which are processed directly, vanadium slags derived from ores, oil combustion residues, spent catalysts, and residues from the hydrometallization process. Primary industrial compounds manufactured directly from these raw materials are 98% (by weight) fused pentoxide, air-dried (technical-grade) pentoxide, and technical-grade ammonium metavanadate. Planning to lay down strategy for the next few years? Our repor...