Ammonium metavanadate is the core raw material of vanadium pentoxide. my country’s industry has a high degree of concentration.

Ammonium metavanadate, also known as ammonium vanadate oxide, has a chemical formula of NH4VO3 and is an inorganic compound. Ammonium metavanadate appears as a white crystalline powder, odorless and tasteless, soluble in dilute ammonia and hot water, but insoluble in ethanol. Ammonium metavanadate has good chemical stability, corrosion resistance, high temperature resistance and other properties, and is widely used in petrochemical industry, ceramic manufacturing, battery manufacturing and other fields.

Vanadium ore is the core raw material of ammonium metavanadate. Henan, Hubei, Shaanxi, Hunan, Sichuan, Hebei and other places are the main producing areas of vanadium ore in my country. At present, my country has become the world’s largest producer of vanadium ore, accounting for nearly 70% of the world’s output. According to statistics from the United States Geological Survey, my country’s vanadium ore production will reach 70,000 tons in 2022. The advantages of raw materials lay a good foundation for the development of ammonium metavanadate industry.

Vanadium pentoxide is the downstream product of ammonium metavanadate. Vanadium pentoxide, also known as vanadium anhydride, has excellent comprehensive properties and has broad application prospects in chemical industry, metallurgy and many other fields. The three-step method is a commonly used preparation method for vanadium pentoxide. It usually uses ammonium metavanadate as the core raw material, dissolves it to obtain a vanadium solution, then separates the vanadium through a redox reaction, and finally uses a purification process to produce vanadium pentoxide. . Benefiting from technological progress, my country’s vanadium pentoxide production capacity continues to increase, driving the growing application demand for ammonium metavanadate.

According to the “2023-2027 Ammonium Metavanadate Industry In-depth Market Research and Investment Strategy Suggestions Report released by the Industrial Research Center, Petrochemical industry, ceramic manufacturing, battery manufacturing and other fields are the main demand ends of ammonium metavanadate. In the field of petrochemical industry, ammonium metavanadate can be used as a catalyst, mordant, drier and other chemical reagents to participate in various chemical reactions; in the field of ceramics, ammonium metavanadate can be used to make ceramic glazes; in the field of battery manufacturing, ammonium metavanadate Ammonium vanadate can be used to manufacture all-vanadium flow batteries. In the future, with in-depth research, the application scope of ammonium metavanadate will be further expanded.

Ammonium metavanadate is toxic and can easily cause environmental pollution during production and application. In recent years, driven by the country’s supply-side structural reform and environmental protection policies, China’s ammonium metavanadate production companies with backward production capacity have gradually been eliminated by the market, and their industry concentration has been further improved. Western Mining, Jingfan Vanadium, Huihong Mining, Huayuan Mining, etc. are the main manufacturers of ammonium metavanadate in my country, among which Western Mining occupies a larger market share. According to the semi-annual report of Western Mining Enterprises, the company’s ammonium metavanadate production increased by 301 tons year-on-year in the first half of 2023.

Industry analysts said that benefiting from the growing application demand for vanadium pentoxide, the development trend of my country’s ammonium metavanadate industry continues to improve. . In recent years, with the continuous expansion of application scope, the development space of my country’s ammonium metavanadate industry has been further expanded. In terms of market competition, my country’s ammonium metavanadate industry is highly concentrated, and Western Mining, as the leading dominant enterprise, occupies a large share of the market.