According to our (Global Info Research) latest study, the global Nitride Vanadium for Steel market size was valued at US$ 1958 million in 2024 and is forecast to a readjusted size of USD 2471 million by 2031 with a CAGR of 3.4% during review period.
In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
Nitride Vanadium for Steel is a crucial additive that significantly enhances the properties of steel. It is formed by the reaction of vanadium with nitrogen. When added to steel, nitride vanadium acts as a powerful grain refiner. It helps to break up the large grains in the steel microstructure, leading to a finer and more uniform grain structure. This, in turn, improves the strength and toughness of the steel. Moreover, it contributes to the precipitation hardening process. The fine vanadium nitride precipitates dispersed within the steel matrix increase the hardness and wear resistance of the steel.
This report is a detailed and comprehensive analysis for global Nitride Vanadium for Steel market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Nitride Vanadium for Steel market size and forecasts, in consumption value ($ Million), sales quantity (Kilotons), and average selling prices (US$/Ton), 2020-2031
Global Nitride Vanadium for Steel market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Kilotons), and average selling prices (US$/Ton), 2020-2031
Global Nitride Vanadium for Steel market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Kilotons), and average selling prices (US$/Ton), 2020-2031
Global Nitride Vanadium for Steel market shares of main players, shipments in revenue ($ Million), sales quantity (Kilotons), and ASP (US$/Ton), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Nitride Vanadium for Steel
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Nitride Vanadium for Steel market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Pangang, HBIS Chengsteel, Bushveld Minerals, Chengde Jianlong, Zhongxin New Materials, Zhongjia Alloy, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Nitride Vanadium for Steel market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
12% Vanadium
16% Vanadium
Market segment by Application
Structural Steel
Tool Steel
Rebar
Others
Major players covered
Pangang
HBIS Chengsteel
Bushveld Minerals
Chengde Jianlong
Zhongxin New Materials
Zhongjia Alloy
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Nitride Vanadium for Steel product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Nitride Vanadium for Steel, with price, sales quantity, revenue, and global market share of Nitride Vanadium for Steel from 2020 to 2025.
Chapter 3, the Nitride Vanadium for Steel competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Nitride Vanadium for Steel breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Nitride Vanadium for Steel market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Nitride Vanadium for Steel.
Chapter 14 and 15, to describe Nitride Vanadium for Steel sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Nitride Vanadium for Steel. Industry analysis & Market Report on Nitride Vanadium for Steel is a syndicated market report, published as Global Nitride Vanadium for Steel Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031. It is complete Research Study and Industry Analysis of Nitride Vanadium for Steel market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.