Vanadium has many excellent physical and chemical properties, so vanadium has a wide range of uses and is known as a metal "vitamin". At first, vanadium was mostly used in steel. By refining the structure and grain of the steel, the grain coarsening temperature was increased, thereby increasing the strength, toughness and wear resistance of the steel. Later, people gradually discovered the excellent improvement effect of vanadium in titanium alloys and applied them to the aerospace field, thus making breakthroughs in the aerospace industry. With the rapid development of the level of science and technology, human's requirements for new materials are increasing day by day. Vanadium is increasingly used in non-steel fields, covering aerospace, chemistry, batteries, pigments, glass, optics, medicine and many other fields.

Spherical vanadium powder metal 3D printing materials are also widely used.
In the chemical industry, vanadium compounds are used in catalysts, ceramic colorants, developers, desiccants and raw materials for the production of high-purity vanadium oxide or ferrovanadium. V205 has special activity as a catalyst, and other elements are difficult to replace.