Global Molybdenum Market Growth 2023-2029

Global Molybdenum Market Growth 2023-2029

Molybdenum is a chemical element with symbol Mo and atomic number 42. The name is from Neo-Latin molybdaenum, from Ancient Greek, meaning lead, since its ores were confused with lead ores.

LPI (LP Information)' newest research report, the “Molybdenum Industry Forecast” looks at past sales and reviews total world Molybdenum sales in 2022, providing a comprehensive analysis by region and market sector of projected Molybdenum sales for 2023 through 2029. With Molybdenum sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Molybdenum industry.

This Insight Report provides a comprehensive analysis of the global Molybdenum landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Molybdenum portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Molybdenum market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Molybdenum and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Molybdenum.

The global Molybdenum market size is projected to grow from US$ 277910 million in 2022 to US$ 315210 million in 2029; it is expected to grow at a CAGR of 315210 from 2023 to 2029.

Molybdenum does not occur naturally as a free metal on Earth; it is found only in various oxidation states in minerals. The free element, a silvery metal with a gray cast, has the sixth-highest melting point of any element. It readily forms hard, stable carbides in alloys, and for this reason most of world production of the element (about 80%) is used in steel alloys, including high-strength alloys and superalloys.

This report presents a comprehensive overview, market shares, and growth opportunities of Molybdenum market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Molybdenum Mines
Molybdenum Powder
Molybdenum Block
Other

Segmentation by application
Molybdenum Products
Alloys Products
Lubricant Additive and Catalysts
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
China Molybdenum
Codelco
Freeport-McMoRan
Grupo Mexico
BHP Billiton Group
American CuMo Mining Corporation
H.C. Starck
Molymet
Plansee
Japan New Metal Co Ltd
Jinduicheng Molybdenum
Antofagasta PLC

Key Questions Addressed in this Report

What is the 10-year outlook for the global Molybdenum market?

What factors are driving Molybdenum market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Molybdenum market opportunities vary by end market size?

How does Molybdenum break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.