Top 10 Companies in the Germany Vanadium Target Market (2024-2030): Industry Leaders in High-Purity Materials

In Business Insights
June 13, 2025

The Germany Vanadium Target Market was valued at USD 4.8 Million in 2024 and is projected to reach USD 6.7 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.7% during the forecast period (2024-2030). This growth is driven by increasing demand from energy storage systems, aerospace coatings, and advanced electronics manufacturing requiring high-purity vanadium materials.

Vanadium targets play a critical role in thin film deposition processes for semiconductors, solar panels, and protective coatings. In this analysis, we profile the Top 10 Companies in the Germany Vanadium Target Market—specialty metal producers and advanced materials manufacturers driving innovation in this specialized sector.


🔟 10. VDM Metals GmbH

Headquarters: Werdohl, Germany
Key Offering: High-purity vanadium sputtering targets

A specialist in nickel and cobalt alloys, VDM Metals has expanded into vanadium-based materials for high-tech applications. Their vacuum melting technology enables production of ultra-pure vanadium targets for semiconductor manufacturing.

Technical Capabilities:

  • ISO 9001 certified production facilities
  • Custom alloy formulation services
  • Precision machining for thin film applications

Download FREE Sample Report: Germany Vanadium Target Market – View in Detailed Research Report


9️⃣ 9. Deutsche Edelstahlwerke Specialty Steel GmbH & Co. KG

Headquarters: Krefeld, Germany
Key Offering: Vanadium alloy targets for industrial applications

As part of the Swiss Steel Group, this manufacturer produces high-performance vanadium alloys including targets for physical vapor deposition (PVD) processes.

Technical Capabilities:

  • Electroslag remelting technology
  • Metallurgical expertise in vanadium alloys
  • Custom material formulations

8️⃣ 8. Wolfram Bergbau und Hütten AG

Headquarters: Munich, Germany
Key Offering: Refractory metal targets including vanadium

With over a century of experience, Wolfram specializes in refractory metal production including vanadium sputtering targets for thin film applications.

Technical Capabilities:

  • Powder metallurgy expertise
  • Hot isostatic pressing technology
  • Surface treatment capabilities

7️⃣ 7. Thyssenkrupp AG

Headquarters: Essen, Germany
Key Offering: Vanadium materials for industrial applications

Thyssenkrupp’s materials division provides vanadium solutions including targets for coating applications in aerospace and automotive sectors.

Technical Capabilities:

  • Integrated production capabilities
  • Material analysis laboratories
  • Engineering support services

Download FREE Sample Report: Germany Vanadium Target Market – View in Detailed Research Report


6️⃣ 6. Heraeus Holding

Headquarters: Hanau, Germany
Key Offering: Ultra-pure vanadium for electronic applications

Heraeus specializes in precious and special metals with capabilities in high-purity vanadium materials for semiconductor and display manufacturing.

Technical Capabilities:

  • 99.99% purity vanadium production
  • Vacuum arc melting technology
  • Target bonding services

5️⃣ 5. AMG Advanced Metallurgical Group

Headquarters: Amsterdam, Netherlands (German operations)
Key Offering: Vanadium materials for energy applications

AMG supplies critical vanadium materials for energy storage systems, with growing capabilities in sputtering target production.

Technical Capabilities:

  • Vanadium electrolyte production
  • Advanced powder processing
  • Flow battery research

4️⃣ 4. GfE Metalle und Materialien GmbH

Headquarters: Nuremberg, Germany
Key Offering: High-performance vanadium targets

GfE focuses on specialty metals for technical applications including vanadium sputtering targets for semiconductor and optical coatings.

Technical Capabilities:

  • Proprietary melting techniques
  • Microstructure control
  • Custom dimension targets

3️⃣ 3. H.C. Starck GmbH

Headquarters: Goslar, Germany
Key Offering: Refractory metals including vanadium

Part of Masan High-Tech Materials, H.C. Starck is a leader in refractory metals production with expertise in high-purity vanadium.

Technical Capabilities:

  • Europe’s leading refractory metal producer
  • Advanced powder production
  • Clean room manufacturing

2️⃣ 2. Plansee SE

Headquarters: Reutte, Austria (Key German operations)
Key Offering: Performance materials including vanadium targets

A global leader in powder metallurgy, Plansee manufactures vanadium products for demanding technical applications.

Technical Capabilities:

  • Advanced sintering technologies
  • Material testing laboratories
  • Global R&D network

Download FREE Sample Report: Germany Vanadium Target Market – View in Detailed Research Report


1️⃣ 1. EVRAZ Vanadium

Headquarters: London, UK (Major German presence)
Key Offering: Vanadium products including high-purity materials

As a leading global vanadium producer, EVRAZ supplies high-purity materials to German manufacturers for target production.

Technical Capabilities:

  • Primary vanadium production
  • High-purity refining
  • Global distribution network

Get Full Report Here: Germany Vanadium Target Market – View in Detailed Research Report


🔮 Outlook: Vanadium Targets Driving Advanced Technologies

The German vanadium target market is undergoing significant transformation with emerging applications in energy storage, smart coatings, and next-generation electronics.

📈 Key Market Trends:

  • Expanding vanadium redox flow battery production
  • Growing thin film photovoltaic applications
  • Advancements in high-density sputtering targets
  • Increasing R&D in smart coating technologies

Get Full Report Here: Germany Vanadium Target Market – View in Detailed Research Report

The companies profiled above represent the technology leaders powering Germany’s high-purity vanadium target market.