Global Molybdenum Powder Market Growth 2023-2029

Global Molybdenum Powder Market Growth 2023-2029

Molybdenum (Mo) is a silvery-white shiny metal, hard but at the same time softer and more flexible than tungsten. It has an excellent resistance to corrosion, good wear and resistance to abrasion, and superior thermal and electrical properties. It is an essential element when it comes to alloys, as it enhances hardenability and persistence of tempered and destroyed steels.

Molybdenum powder has a black or dark gray color and it is often confused with graphite. It is primarily used for hardening of iron and steel even though it has other important applications for enhancing the performance in high temperature and aggressive environments as well. It is used as a raw material in an extensive range of applications such as hightemperature furnace heaters, spray coating materials, wires for electronics use, glass melting electrodes, rods and plates, nuclear power paint materials, and much more.

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

This Insight Report provides a comprehensive analysis of the global Molybdenum Powder 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 Powder portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Molybdenum Powder market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Molybdenum Powder and breaks down the forecast by purity, 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 Powder.

The global Molybdenum Powder market size is projected to grow from US$ 800.4 million in 2022 to US$ 1140.4 million in 2029; it is expected to grow at a CAGR of 1140.4 from 2023 to 2029.

The industry's leading manufacturers are H.C. Starck, Molymet and Plansee, which accounted for 22.18%, 21.04% and 18.44% of revenue in 2019, respectively. By region, Europe has the highest share of income, accounting for more than 38 percent in 2019.

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

Market Segmentation:

Segmentation by purity

Above 99.90%

Above 99.95%

Others

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.

H.C. Starck

Molymet

Plansee

Exploiter

JDC-Moly

Toshiba

Japan New Metal Co Ltd

Dongtai Fengfeng

China Molybdenum Co Ltd

Key Questions Addressed in this Report

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

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

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

How do Molybdenum Powder market opportunities vary by end market size?

How does Molybdenum Powder break out purity, 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.