バナジウム電解液市場- 世界の産業規模、シェア、動向、機会、予測、用途別、エンドユーザー別、バナジウム電解液タイプ別、地域別、競合別、2020-2030F

バナジウム電解液の世界市場は、2024年に1億4,810万米ドルと評価され、2030年までのCAGRは5.3%で、2030年には2億370万米ドルに達すると予測されています。

バナジウム電解液の世界市場は、主にエネルギー貯蔵用途へのバナジウムレドックスフロー電池（VRFB）の採用増加によって牽引されています。VRFBは、その高効率、長寿命、深い放電能力、拡張性により、グリッドレベルの再生可能エネルギー貯蔵に理想的であるとして支持を集めています。太陽光発電や風力発電の国内送電網への統合が進むにつれ、大規模で長寿命のエネルギー貯蔵ソリューションに対する需要が高まり、バナジウム電解液の消費をさらに促進しています。

クリーンエネルギーへの移行を支援する政府の取り組みや政策も大きな推進力となっています。世界各国は持続可能な電池技術に投資しており、補助金、税制優遇措置、研究資金がVRFBの採用を後押ししています。さらに、バナジウム抽出と電解液リサイクルの進歩は、サプライチェーンの持続可能性を高め、コストを削減しています。

さらに、住友電工、Rongke Power、Invinity Energy Systemsといったエネルギー貯蔵会社に対する非公開・公的投資の増加が、市場の成長を後押ししています。VRFB製造施設の拡張や、エネルギー企業とバナジウム製造業者との戦略的提携が需要をさらに押し上げています。送電網の安定化、エネルギー安全保障、脱炭素化の推進により、世界のバナジウム電解液市場は今後数年間で力強い成長が見込まれます。

主な市場促進要因

エネルギー貯蔵用バナジウムレドックスフロー電池（VRFB）の採用増加

主な市場課題

バナジウムの高い生産コストと価格変動性

主な市場動向

大規模エネルギー貯蔵プロジェクトにおけるバナジウムレドックスフロー電池（VRFB）の導入の増加

目次

第1章 概要

第2章 調査手法

第3章 エグゼクティブサマリー

第4章 顧客の声

第5章 世界のバナジウム電解液市場展望

• 市場規模・予測
  • 金額別
• 市場シェア・予測
  • アプリケーション別（エネルギー貯蔵システム（ESS）、産業用アプリケーション）
  • エンドユーザー別（再生可能エネルギー、公益事業、製造業、その他）
  • バナジウム電解液タイプ別（五酸化バナジウム（V5+）、混合原子価（V4+/V5+）、修飾電解質）
  • 地域別
• 企業別（2024）
• 市場マップ

第6章 北米のバナジウム電解液市場展望

• 市場規模・予測
• 市場シェア・予測
• 北米：国別分析
  • 米国
  • カナダ
  • メキシコ

第7章 欧州のバナジウム電解液市場展望

• 市場規模・予測
• 市場シェア・予測
• 欧州：国別分析
  • ドイツ
  • 英国
  • イタリア
  • フランス
  • スペイン

第8章 アジア太平洋地域のバナジウム電解液市場展望

• 市場規模・予測
• 市場シェア・予測
• アジア太平洋地域：国別分析
  • 中国
  • インド
  • 日本
  • 韓国
  • オーストラリア

第9章 南米のバナジウム電解液市場展望

• 市場規模・予測
• 市場シェア・予測
• 南米：国別分析
  • ブラジル
  • アルゼンチン
  • コロンビア

第10章 中東・アフリカのバナジウム電解液市場展望

• 市場規模・予測
• 市場シェア・予測
• 中東・アフリカ：国別分析
  • 南アフリカ
  • サウジアラビア
  • アラブ首長国連邦
  • クウェート
  • トルコ

第11章 市場力学

• 促進要因
• 課題

第12章 市場動向と発展

• 合併と買収
• 製品の発売
• 最近の動向

第13章 企業プロファイル

• VanadiumCorp Resource Inc.
• Bushveld Minerals Limited
• HighVeld Steel and Vanadium Corporation Ltd.
• Largo Resources Ltd.
• American Vanadium Corp.
• Sumitomo Electric Industries Ltd.
• Prudent Energy Inc.
• Vanchem Vanadium Products（Pty）Ltd.
• Pu Neng Energy
• CellCube Energy Storage Systems Inc

第14章 戦略的提言

第15章 調査会社について・免責事項

The Global Vanadium Electrolyte Market was valued at USD 148.1 Million in 2024 and is expected to reach USD 203.7 Million by 2030 with a CAGR of 5.3% through 2030. The Global Vanadium Electrolyte Market is primarily driven by the increasing adoption of Vanadium Redox Flow Batteries (VRFBs) for energy storage applications. VRFBs are gaining traction due to their high efficiency, long lifespan, deep discharge capability, and scalability, making them ideal for grid-level renewable energy storage. The rising integration of solar and wind power into national grids has led to a growing demand for large-scale, long-duration energy storage solutions, further propelling vanadium electrolyte consumption.

Government initiatives and policies supporting clean energy transition are another significant driver. Countries worldwide are investing in sustainable battery technologies, with subsidies, tax incentives, and research funding favoring VRFB adoption. Additionally, advancements in vanadium extraction and electrolyte recycling are enhancing supply chain sustainability and reducing costs.

Furthermore, increasing private and public investments in energy storage companies such as Sumitomo Electric, Rongke Power, and Invinity Energy Systems are fueling market growth. The expansion of VRFB manufacturing facilities and strategic collaborations between energy firms and vanadium producers further boost demand. With the push for grid stability, energy security, and decarbonization, the global vanadium electrolyte market is expected to experience strong growth in the coming years.

Key Market Drivers

Rising Adoption of Vanadium Redox Flow Batteries (VRFBs) for Energy Storage

The global push for renewable energy integration and grid stability has significantly increased the demand for Vanadium Redox Flow Batteries (VRFBs), directly driving the vanadium electrolyte market. VRFBs are widely recognized for their high energy efficiency, long lifespan, deep discharge capability, and scalability, making them the preferred choice for large-scale energy storage applications. Unlike lithium-ion batteries, which suffer from capacity degradation over time, VRFBs can operate for over 20 years with minimal maintenance and no loss of capacity, providing a reliable and cost-effective solution for grid energy storage. According to the U.S. Department of Energy (DOE), the global market for long-duration energy storage (LDES) is expected to reach USD3 trillion by 2040, with VRFBs playing a crucial role in achieving this growth.

Key Market Challenges

High Production Costs and Price Volatility of Vanadium

One of the most significant challenges facing the global vanadium electrolyte market is the high production cost of vanadium and its susceptibility to price volatility. Vanadium is primarily extracted from vanadium-rich ores, steel slag, and petroleum residues, with China, Russia, South Africa, and Brazil being the major producers. However, the cost of vanadium extraction and processing remains high due to complex refining processes, energy-intensive production, and fluctuating raw material prices.

Vanadium prices are highly volatile, driven by demand fluctuations in the steel industry, which consumes a significant portion of global vanadium production for alloying applications. Since the vanadium electrolyte market competes with the steel industry for supply, any increase in steel production can lead to shortages and price hikes for vanadium electrolyte manufacturers. This price uncertainty makes it difficult for Vanadium Redox Flow Battery (VRFB) manufacturers to plan long-term projects, affecting the adoption of vanadium-based energy storage solutions.

Key Market Trends

Increasing Deployment of Vanadium Redox Flow Batteries (VRFBs) in Large-Scale Energy Storage Projects

A major trend driving the global vanadium electrolyte market is the rising deployment of Vanadium Redox Flow Batteries (VRFBs) for large-scale energy storage applications. As the transition to renewable energy sources such as solar and wind power accelerates, there is a growing need for long-duration energy storage (LDES) solutions that can stabilize power grids and manage energy supply fluctuations. VRFBs, powered by vanadium electrolyte, are gaining traction due to their extended lifespan, deep discharge capability, and ability to store energy for 8-12 hours or more-significantly longer than most lithium-ion batteries.

Key Market Players

• VanadiumCorp Resource Inc.
• Bushveld Minerals Limited
• HighVeld Steel and Vanadium Corporation Ltd.
• Largo Resources Ltd.
• American Vanadium Corp.
• Sumitomo Electric Industries Ltd.
• Prudent Energy Inc.
• Vanchem Vanadium Products (Pty) Ltd.
• Pu Neng Energy
• CellCube Energy Storage Systems Inc

Report Scope:

In this report, the Global Vanadium Electrolyte Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Vanadium Electrolyte Market, By Application:

• Energy Storage Systems (ESS)
• Industrial Applications

Vanadium Electrolyte Market, By Vanadium Electrolyte Type:

• Vanadium Pentoxide (V5+)
• Mixed Valence (V4+/V5+)
• Modified Electrolytes

Vanadium Electrolyte Market, By End-User:

• Renewable Energy
• Utilities
• Manufacturing
• Others

Vanadium Electrolyte Market, By Region:

• North America
  • United States
  • Canada
  • Mexico
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
• South America
  • Brazil
  • Colombia
  • Argentina
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • South Africa
  • Turkey
  • Kuwait

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Vanadium Electrolyte Market.

Available Customizations:

Global Vanadium Electrolyte Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Table of Contents

1. Product Overview

• 1.1. Market Definition
• 1.2. Scope of the Market
  • 1.2.1. Markets Covered
  • 1.2.2. Years Considered for Study
• 1.3. Key Market Segmentations

2. Research Methodology

• 2.1. Objective of the Study
• 2.2. Baseline Methodology
• 2.3. Formulation of the Scope
• 2.4. Assumptions and Limitations
• 2.5. Sources of Research
  • 2.5.1. Secondary Research
  • 2.5.2. Primary Research
• 2.6. Approach for the Market Study
  • 2.6.1. The Bottom-Up Approach
  • 2.6.2. The Top-Down Approach
• 2.7. Methodology Followed for Calculation of Market Size & Market Shares
• 2.8. Forecasting Methodology
  • 2.8.1. Data Triangulation & Validation

3. Executive Summary

• 3.1. Overview of the Market
• 3.2. Overview of Key Market Segmentations
• 3.3. Overview of Key Market Players
• 3.4. Overview of Key Regions/Countries
• 3.5. Overview of Market Drivers, Challenges, and Trends

4. Voice of Customer

5. Global Vanadium Electrolyte Market Outlook

• 5.1. Market Size & Forecast
  • 5.1.1. By Value
• 5.2. Market Share & Forecast
  • 5.2.1. By Application (Energy Storage Systems (ESS), Industrial Applications)
  • 5.2.2. By End-User (Renewable Energy, Utilities, Manufacturing, Others)
  • 5.2.3. By Vanadium Electrolyte Type (Vanadium Pentoxide (V5+), Mixed Valence (V4+/V5+), Modified Electrolytes)
  • 5.2.4. By Region
• 5.3. By Company (2024)
• 5.4. Market Map

6. North America Vanadium Electrolyte Market Outlook

• 6.1. Market Size & Forecast
  • 6.1.1. By Value
• 6.2. Market Share & Forecast
  • 6.2.1. By Application
  • 6.2.2. By End-User
  • 6.2.3. By Vanadium Electrolyte Type
  • 6.2.4. By Country
• 6.3. North America: Country Analysis
  • 6.3.1. United States Vanadium Electrolyte Market Outlook
    • 6.3.1.1. Market Size & Forecast
      • 6.3.1.1.1. By Value
    • 6.3.1.2. Market Share & Forecast
      • 6.3.1.2.1. By Application
      • 6.3.1.2.2. By End-User
      • 6.3.1.2.3. By Vanadium Electrolyte Type
  • 6.3.2. Canada Vanadium Electrolyte Market Outlook
    • 6.3.2.1. Market Size & Forecast
      • 6.3.2.1.1. By Value
    • 6.3.2.2. Market Share & Forecast
      • 6.3.2.2.1. By Application
      • 6.3.2.2.2. By End-User
      • 6.3.2.2.3. By Vanadium Electrolyte Type
  • 6.3.3. Mexico Vanadium Electrolyte Market Outlook
    • 6.3.3.1. Market Size & Forecast
      • 6.3.3.1.1. By Value
    • 6.3.3.2. Market Share & Forecast
      • 6.3.3.2.1. By Application
      • 6.3.3.2.2. By End-User
      • 6.3.3.2.3. By Vanadium Electrolyte Type

7. Europe Vanadium Electrolyte Market Outlook

• 7.1. Market Size & Forecast
  • 7.1.1. By Value
• 7.2. Market Share & Forecast
  • 7.2.1. By Application
  • 7.2.2. By End-User
  • 7.2.3. By Vanadium Electrolyte Type
  • 7.2.4. By Country
• 7.3. Europe: Country Analysis
  • 7.3.1. Germany Vanadium Electrolyte Market Outlook
    • 7.3.1.1. Market Size & Forecast
      • 7.3.1.1.1. By Value
    • 7.3.1.2. Market Share & Forecast
      • 7.3.1.2.1. By Application
      • 7.3.1.2.2. By End-User
      • 7.3.1.2.3. By Vanadium Electrolyte Type
  • 7.3.2. United Kingdom Vanadium Electrolyte Market Outlook
    • 7.3.2.1. Market Size & Forecast
      • 7.3.2.1.1. By Value
    • 7.3.2.2. Market Share & Forecast
      • 7.3.2.2.1. By Application
      • 7.3.2.2.2. By End-User
      • 7.3.2.2.3. By Vanadium Electrolyte Type
  • 7.3.3. Italy Vanadium Electrolyte Market Outlook
    • 7.3.3.1. Market Size & Forecast
      • 7.3.3.1.1. By Value
    • 7.3.3.2. Market Share & Forecast
      • 7.3.3.2.1. By Application
      • 7.3.3.2.2. By End-User
      • 7.3.3.2.3. By Vanadium Electrolyte Type
  • 7.3.4. France Vanadium Electrolyte Market Outlook
    • 7.3.4.1. Market Size & Forecast
      • 7.3.4.1.1. By Value
    • 7.3.4.2. Market Share & Forecast
      • 7.3.4.2.1. By Application
      • 7.3.4.2.2. By End-User
      • 7.3.4.2.3. By Vanadium Electrolyte Type
  • 7.3.5. Spain Vanadium Electrolyte Market Outlook
    • 7.3.5.1. Market Size & Forecast
      • 7.3.5.1.1. By Value
    • 7.3.5.2. Market Share & Forecast
      • 7.3.5.2.1. By Application
      • 7.3.5.2.2. By End-User
      • 7.3.5.2.3. By Vanadium Electrolyte Type

8. Asia-Pacific Vanadium Electrolyte Market Outlook

• 8.1. Market Size & Forecast
  • 8.1.1. By Value
• 8.2. Market Share & Forecast
  • 8.2.1. By Application
  • 8.2.2. By End-User
  • 8.2.3. By Vanadium Electrolyte Type
  • 8.2.4. By Country
• 8.3. Asia-Pacific: Country Analysis
  • 8.3.1. China Vanadium Electrolyte Market Outlook
    • 8.3.1.1. Market Size & Forecast
      • 8.3.1.1.1. By Value
    • 8.3.1.2. Market Share & Forecast
      • 8.3.1.2.1. By Application
      • 8.3.1.2.2. By End-User
      • 8.3.1.2.3. By Vanadium Electrolyte Type
  • 8.3.2. India Vanadium Electrolyte Market Outlook
    • 8.3.2.1. Market Size & Forecast
      • 8.3.2.1.1. By Value
    • 8.3.2.2. Market Share & Forecast
      • 8.3.2.2.1. By Application
      • 8.3.2.2.2. By End-User
      • 8.3.2.2.3. By Vanadium Electrolyte Type
  • 8.3.3. Japan Vanadium Electrolyte Market Outlook
    • 8.3.3.1. Market Size & Forecast
      • 8.3.3.1.1. By Value
    • 8.3.3.2. Market Share & Forecast
      • 8.3.3.2.1. By Application
      • 8.3.3.2.2. By End-User
      • 8.3.3.2.3. By Vanadium Electrolyte Type
  • 8.3.4. South Korea Vanadium Electrolyte Market Outlook
    • 8.3.4.1. Market Size & Forecast
      • 8.3.4.1.1. By Value
    • 8.3.4.2. Market Share & Forecast
      • 8.3.4.2.1. By Application
      • 8.3.4.2.2. By End-User
      • 8.3.4.2.3. By Vanadium Electrolyte Type
  • 8.3.5. Australia Vanadium Electrolyte Market Outlook
    • 8.3.5.1. Market Size & Forecast
      • 8.3.5.1.1. By Value
    • 8.3.5.2. Market Share & Forecast
      • 8.3.5.2.1. By Application
      • 8.3.5.2.2. By End-User
      • 8.3.5.2.3. By Vanadium Electrolyte Type

9. South America Vanadium Electrolyte Market Outlook

• 9.1. Market Size & Forecast
  • 9.1.1. By Value
• 9.2. Market Share & Forecast
  • 9.2.1. By Application
  • 9.2.2. By End-User
  • 9.2.3. By Vanadium Electrolyte Type
  • 9.2.4. By Country
• 9.3. South America: Country Analysis
  • 9.3.1. Brazil Vanadium Electrolyte Market Outlook
    • 9.3.1.1. Market Size & Forecast
      • 9.3.1.1.1. By Value
    • 9.3.1.2. Market Share & Forecast
      • 9.3.1.2.1. By Application
      • 9.3.1.2.2. By End-User
      • 9.3.1.2.3. By Vanadium Electrolyte Type
  • 9.3.2. Argentina Vanadium Electrolyte Market Outlook
    • 9.3.2.1. Market Size & Forecast
      • 9.3.2.1.1. By Value
    • 9.3.2.2. Market Share & Forecast
      • 9.3.2.2.1. By Application
      • 9.3.2.2.2. By End-User
      • 9.3.2.2.3. By Vanadium Electrolyte Type
  • 9.3.3. Colombia Vanadium Electrolyte Market Outlook
    • 9.3.3.1. Market Size & Forecast
      • 9.3.3.1.1. By Value
    • 9.3.3.2. Market Share & Forecast
      • 9.3.3.2.1. By Application
      • 9.3.3.2.2. By End-User
      • 9.3.3.2.3. By Vanadium Electrolyte Type

10. Middle East and Africa Vanadium Electrolyte Market Outlook

• 10.1. Market Size & Forecast
  • 10.1.1. By Value
• 10.2. Market Share & Forecast
  • 10.2.1. By Application
  • 10.2.2. By End-User
  • 10.2.3. By Vanadium Electrolyte Type
  • 10.2.4. By Country
• 10.3. Middle East and Africa: Country Analysis
  • 10.3.1. South Africa Vanadium Electrolyte Market Outlook
    • 10.3.1.1. Market Size & Forecast
      • 10.3.1.1.1. By Value
    • 10.3.1.2. Market Share & Forecast
      • 10.3.1.2.1. By Application
      • 10.3.1.2.2. By End-User
      • 10.3.1.2.3. By Vanadium Electrolyte Type
  • 10.3.2. Saudi Arabia Vanadium Electrolyte Market Outlook
    • 10.3.2.1. Market Size & Forecast
      • 10.3.2.1.1. By Value
    • 10.3.2.2. Market Share & Forecast
      • 10.3.2.2.1. By Application
      • 10.3.2.2.2. By End-User
      • 10.3.2.2.3. By Vanadium Electrolyte Type
  • 10.3.3. UAE Vanadium Electrolyte Market Outlook
    • 10.3.3.1. Market Size & Forecast
      • 10.3.3.1.1. By Value
    • 10.3.3.2. Market Share & Forecast
      • 10.3.3.2.1. By Application
      • 10.3.3.2.2. By End-User
      • 10.3.3.2.3. By Vanadium Electrolyte Type
  • 10.3.4. Kuwait Vanadium Electrolyte Market Outlook
    • 10.3.4.1. Market Size & Forecast
      • 10.3.4.1.1. By Value
    • 10.3.4.2. Market Share & Forecast
      • 10.3.4.2.1. By Application
      • 10.3.4.2.2. By End-User
      • 10.3.4.2.3. By Vanadium Electrolyte Type
  • 10.3.5. Turkey Vanadium Electrolyte Market Outlook
    • 10.3.5.1. Market Size & Forecast
      • 10.3.5.1.1. By Value
    • 10.3.5.2. Market Share & Forecast
      • 10.3.5.2.1. By Application
      • 10.3.5.2.2. By End-User
      • 10.3.5.2.3. By Vanadium Electrolyte Type

11. Market Dynamics

• 11.1. Drivers
• 11.2. Challenges

12. Market Trends & Developments

• 12.1. Merger & Acquisition (If Any)
• 12.2. Product Launches (If Any)
• 12.3. Recent Developments

13. Company Profiles

• 13.1. VanadiumCorp Resource Inc.
  • 13.1.1. Business Overview
  • 13.1.2. Key Revenue and Financials
  • 13.1.3. Recent Developments
  • 13.1.4. Key Personnel/Key Contact Person
  • 13.1.5. Key Product/Services Offered
• 13.2. Bushveld Minerals Limited
• 13.3. HighVeld Steel and Vanadium Corporation Ltd.
• 13.4. Largo Resources Ltd.
• 13.5. American Vanadium Corp.
• 13.6. Sumitomo Electric Industries Ltd.
• 13.7. Prudent Energy Inc.
• 13.8. Vanchem Vanadium Products (Pty) Ltd.
• 13.9. Pu Neng Energy
• 13.10. CellCube Energy Storage Systems Inc

14. Strategic Recommendations

15. About Us & Disclaimer