Molybdenum Market Report by Manufacturers, Opportunities, Challenges, Drivers, Growth, Countries, Revenue, and Forecast to 2028

The global molybdenum market is anticipated to grow with a high CAGR over the forecast period. The global market research report offers a straightforward overview of market dynamics, threats and opportunities, key developments, systems, components, and domestic and global industry challenges. The industry provides valuable information for consumers with the aid of numerous figures and tables. Similarly, the global molybdenum market competitive environment also offers a detailed strategic overview of the success of the distributors as well as companies, such as revenue breakup, financial data, geography and substantial segmentation. SWOT analysis, primary as well as secondary research techniques, and the relevant research methods are included in the global market review.

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Scope of the Global Molybdenum Market

The global market report encompasses company overview, risk analysis, research & development, key facts, marketing & distribution strategies, key product offerings, recent developments, new product launching, product expansion, and many market activities. Similarly, global molybdenum market report includes upstream raw materials and downstream demand analysis with its extensive summary. The study identifies worldwide trade, sales, market volume, business networks, suppliers of raw materials and consumer data, demand, and supply ratios.

Usually used in high-temperature applications, molybdenum is a refractory metal. It is a very strong, silvery-white metal that has a high melting point. In order to improve strength, stiffness, electrical conductivity and resistance to corrosion and wear, they are commonly used to manufacture steel alloys. Molybdenum bearings are used in the industries of steel, chemicals and oil and gas. In electronic and electrical devices, molybdenum and its alloys are still used. It is used in equipment for material processing and high-temperature furnaces. In the increasing market for molybdenum, the growing steel industry plays a crucial role. The growth in the construction, automotive and transport sectors has resulted in a rise in steel consumption. Market growth is also driven by increased use of molybdenum as a catalyst, filament, dye, corrosion inhibitor in industries such as petrochemicals, electronics and electronics. Molybdenum demand is also positively influenced by increasing oil prices, as it is commonly used in the oil and gas industry. Likewise, fluctuating oil prices are proving to be an obstacle to demand growth.

Segment Analysis of the Global Molybdenum Market

The global molybdenum market can be segmented on the basis of application, end product, and geographical region. In terms of application, the global molybdenum market can be segmented into Oil and Gas, Automotive, Heavy Machinery, Energy, Aerospace and Defense, and Others. In terms of end product, the global market is segmented into Steel, Chemicals, Foundries, Mo-Metals, and Nickel Alloys.

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Geographical Analysis of the Global Molybdenum Market

The report delivers an exhaustive overview of the market embracing both qualitative and quantitative insights. The global molybdenum market study provides regional scenario with respect to key regions such as North America, Asia-Pacific (APAC), Europe, Middle East and Africa (MEA) and South America. The USA, Canada, Japan, China and Europe will drive the 0.9 percent CAGR estimated for this segment in the global Foundries segment. By the end of the study period, these regional markets, with a combined market size of US$14.5 billion in 2020, will hit a projected size of US$15.5 billion.

Competitive Landscape of the Global Molybdenum Market

The global molybdenum market report offers major profiles of key companies along with their SWOT analysis and various key strategies such as agreements, partnership, merger & agreements, and others.  The key market players of the global market include Centerra Gold, China Molybdenum, Antofagasta, CRONIMET, Erdene Resource Development, Jinduicheng Molybdenum Group, Codelco, Freeport-McMoRan, Grupo Mexico, Anglo American, KGHM, PLANSEE, Rio Tinto, Shaanxi Non-ferrous Metals Holding Group, SMR, Taseko, RUBAMIN, and Teck Resources.

Market Segmentation:

By Application:

  • Oil and Gas
  • Automotive
  • Heavy Machinery
  • Energy
  • Aerospace and Defense
  • Others

By End Product:

  • Steel
  • Chemicals
  • Foundries
  • Mo-Metals
  • Nickel Alloys

By Region:

  • North America
    • North America, by Country
      • US
      • Canada
      • Mexico
    • North America, by Application
    • North America, by Product Type
  • Western Europe
    • Western Europe, by Country
      • Germany
      • UK
      • France
      • Italy
      • Spain
      • The Netherlands
      • Rest of Western Europe
    • Western Europe, by Application
    • Western Europe, by Product Type
  • Asia Pacific
    • Asia Pacific, by Country
      • China
      • India
      • Japan
      • South Korea
      • Australia
      • Indonesia
      • Rest of Asia Pacific
    • Asia Pacific, by Application
    • Asia Pacific, by Product Type
  • Eastern Europe
    • Eastern Europe, by Country
      • Russia
      • Turkey
      • Rest of Eastern Europe
    • Eastern Europe, by Application
    • Eastern Europe, by Product Type
  • Middle East
    • Middle East, by Country
      • UAE
      • Saudi Arabia
      • Qatar
      • Iran
      • Rest of Middle East
    • Middle East, by Application
    • Middle East, by Product Type
  • Rest of the World
    • Rest of the World, by Country
      • South America
      • Africa
    • Rest of the World, by Application
    • Rest of the World, by Product Type

Years Covered in the Study:

Historic Year: 2016-2017

Base Year: 2018

Estimated Year: 2019

Forecast Year: 2028

Objectives of this report:

  • To estimate market size for molybdenum market on regional and global basis.
  • To identify major segments in molybdenum market and evaluate theirmarket shares and demand.
  • To provide a competitive scenario for the molybdenum market with major developments observed by key companies in the historic years.
  • To evaluate key factors governing the dynamics of molybdenum market with their potential gravity during the forecast period.

Customization:

This study is customized to meet your specific requirements:

  • By Segment
  • By Sub-segment
  • By Region/Country
  • Product Specific Competitive Analysis

 

 

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