The Business Research Company’s Vanadium Ore Mining Global Market Report 2020-30: Covid 19 Impact and Recovery. The report covers market size, key players, market share and trends to 2030.
Vanadium Ore Mining Global Market Report 2020-30: Covid 19 Impact and Recovery is one of a series of new reports from The Business Research Company that provide Vanadium Ore Mining market overviews, analyze and forecast market size and growth for the whole market, Vanadium Ore Mining market segments and geographies, Vanadium Ore Mining market trends, Vanadium Ore Mining market geographies. The report also gives in-depth analysis of the impact of COVID-19 on the market. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. A highly experienced and expert team of analysts and modelers provides market analysis and forecasts. The reports identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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The vanadium mining market consists of sales of vanadium ores and concentrates and related services.
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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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