Vanadium powder is widely used in the production of specialty steels and alloys due to its ability to enhance strength, toughness, and resistance to wear and corrosion. It is a key component in high-strength low-alloy (HSLA) steels, tool steels, and structural steels, which are used in automotive parts, construction, pipelines, and the petroleum industry. The powder form allows for precise alloying in metallurgical processes.

It also serves as an additive in aluminum and titanium alloys for the aerospace and aviation industries, improving high-temperature durability.

Vanadium powder acts as a catalyst in chemical reactions, particularly in the oxidation of sulfur dioxide during sulfuric acid production. In addition, it is used in the manufacturing of vanadium redox flow batteries (VRFBs), which are gaining attention for large-scale energy storage from renewable sources like solar and wind due to their long cycle life and stability.

In additive manufacturing and 3D printing, vanadium powder is explored for producing high-performance components in aerospace and defense industries. Its role in improving creep resistance makes it valuable in turbine blades and other high-temperature applications.

Furthermore, it finds applications in the ceramics industry to impart color and special properties to products.