Market Overview:
The global molybdenum metal market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for molybdenum metal in various applications, such as chemical/petrochemical, building & construction, aerospace and defense, automotive and others. In terms of type, the powder segment is expected to hold a major share of the global market during the forecast period. However, in terms of CAGR, the block segment is projected to grow at a higher rate than other segments during the forecast period.
Product Definition:
Molybdenum is a grayish-white metallic element that has the symbol Mo and atomic number 42. It is found in nature as a constituent of molybdenite (MoS2) and other minerals. Molybdenum does not occur naturally as a free metal, but it is obtained commercially by reduction of molybdic oxide (MoO3) with hydrogen or carbon monoxide.
Powder:
Powder is a form of Molybdenum disulfide (MoS2) which has applications in the chemical industry as an additive for graphite electrodes and molybdate salts. It also finds application as an electrolyte in lithium-ion batteries. The global market for powder is expected to witness significant growth over the forecast period owing to its increasing demand from various end-use industries such as chemicals, energy, automotive and construction among others.
Block:
Molybdenum is a chemical element that has the symbol Mo and an atomic number of 37. The element is found in some minerals, but its main source is from mineral deposits formed during the Precambrian era. It was first discovered in 1778 and named after the Dutch-German philosopher Moritz van Wölpling (1733-1810). Molybdenum occurs with silver, gold, lead, copper and zinc ores.
Application Insights:
The chemical/petrochemical application segment led the global market and accounted for more than 45% of the total revenue in 2017. The segment is expected to witness significant growth over the forecast period owing to rising demand from various petrochemical plants across China, India, South Korea and Japan. In addition, expansion projects undertaken by existing players in Saudi Arabia and Russia are likely to augment industry growth over the coming years.
Molybdenum metal is used as a catalyst in cracking processes that take place in petroleum refineries. It is also used along with tungsten oxide as a protective agent during catalytic reforming of middle distillates at low temperatures (below 300°C). Growing demand for molybdenum metal from chemical manufacturers across China, India, Indonesia Malaysia Pakistan Philippines Singapore Thailand Vietnam will drive industry expansion over the coming years.
Regional Analysis:
Asia Pacific was the dominant regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a volume share of 67.8% in 2017 owing to rising demand from major end-use industries, such as aerospace and defense, automotive, construction and chemical industry. China is projected to remain a key consumer due to increasing production levels of automobiles along with other vehicles including commercial vehicles in this country.
North America emerged as the second-largest consumer due to high consumption levels from building & construction application segment on account of rising residential projects across U.S.
In Europe, molybdenum metal has been witnessing significant growth on account of increased investments by various governments towards research & development activities for developing lightweight components using molybdenum metal alloys that are ecofriendly.
Growth Factors:
- Increasing demand from the automotive and aerospace industries as a result of the growing popularity of lightweight alloys that contain molybdenum.
- Rapid growth in the semiconductor industry, which is driving increased demand for molybdenum-based chemicals and alloys used in manufacturing microchips and other electronic components.
- Rising global energy consumption, which is increasing demand for molybdenum-containing steel alloys used in power generation and oil & gas pipelines.
- Growing awareness of the benefits of using molybdenum metal in high-performance applications such as extreme weather gear, medical implants, and golf clubs/balls/club heads etc., which is helping to boost its adoption rates across a wide range of industries.
Scope Of The Report
Report Attributes
Report Details
Report Title
Molybdenum Metal Market Research Report
By Type
Powder, Block, Others
By Application
Chemical/Petrochemical, Building & Construction, Aerospace and Defense, Automotive, Others
By Companies
Freeport-McMoRan, Codelco, Grupo Mexico, China Molybdenum, Thompson Creek Metals Company, Anglo American Plc, Antofagasta PLC, Jinduicheng Molybdenum, Molibdenos y Metales S.A, Freeport-McMoRan
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Molybdenum Metal Market Report Segments:
The global Molybdenum Metal market is segmented on the basis of:
Types
Powder, Block, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Chemical/Petrochemical, Building & Construction, Aerospace and Defense, Automotive, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Freeport-McMoRan
- Codelco
- Grupo Mexico
- China Molybdenum
- Thompson Creek Metals Company
- Anglo American Plc
- Antofagasta PLC
- Jinduicheng Molybdenum
- Molibdenos y Metales S.A
- Freeport-McMoRan
Highlights of The Molybdenum Metal Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Powder
- Block
- Others
- By Application:
- Chemical/Petrochemical
- Building & Construction
- Aerospace and Defense
- Automotive
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Molybdenum Metal Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Molybdenum is a metal that is found in nature as a component of many minerals. It has several different names, including molybdenum, molybdite, and wolfram. Molybdenum metal is often used to make tools and other objects because it is strong and resistant to corrosion.
Some of the major players in the molybdenum metal market are Freeport-McMoRan, Codelco, Grupo Mexico, China Molybdenum, Thompson Creek Metals Company, Anglo American Plc, Antofagasta PLC, Jinduicheng Molybdenum, Molibdenos y Metales S.A, Freeport-McMoRan.
The molybdenum metal market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Molybdenum Metal Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Molybdenum Metal Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Molybdenum Metal Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Molybdenum Metal Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Molybdenum Metal Market Size & Forecast, 2018-2028
4.5.1 Molybdenum Metal Market Size and Y-o-Y Growth
4.5.2 Molybdenum Metal Market Absolute $ Opportunity
Chapter 5 Global Molybdenum Metal Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Molybdenum Metal Market Size Forecast by Type
5.2.1 Powder
5.2.2 Block
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Molybdenum Metal Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Molybdenum Metal Market Size Forecast by Applications
6.2.1 Chemical/Petrochemical
6.2.2 Building & Construction
6.2.3 Aerospace and Defense
6.2.4 Automotive
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Molybdenum Metal Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Molybdenum Metal Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Molybdenum Metal Analysis and Forecast
9.1 Introduction
9.2 North America Molybdenum Metal Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Molybdenum Metal Market Size Forecast by Type
9.6.1 Powder
9.6.2 Block
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Molybdenum Metal Market Size Forecast by Applications
9.10.1 Chemical/Petrochemical
9.10.2 Building & Construction
9.10.3 Aerospace and Defense
9.10.4 Automotive
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Molybdenum Metal Analysis and Forecast
10.1 Introduction
10.2 Europe Molybdenum Metal Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Molybdenum Metal Market Size Forecast by Type
10.6.1 Powder
10.6.2 Block
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Molybdenum Metal Market Size Forecast by Applications
10.10.1 Chemical/Petrochemical
10.10.2 Building & Construction
10.10.3 Aerospace and Defense
10.10.4 Automotive
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Molybdenum Metal Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Molybdenum Metal Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Molybdenum Metal Market Size Forecast by Type
11.6.1 Powder
11.6.2 Block
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Molybdenum Metal Market Size Forecast by Applications
11.10.1 Chemical/Petrochemical
11.10.2 Building & Construction
11.10.3 Aerospace and Defense
11.10.4 Automotive
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Molybdenum Metal Analysis and Forecast
12.1 Introduction
12.2 Latin America Molybdenum Metal Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Molybdenum Metal Market Size Forecast by Type
12.6.1 Powder
12.6.2 Block
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Molybdenum Metal Market Size Forecast by Applications
12.10.1 Chemical/Petrochemical
12.10.2 Building & Construction
12.10.3 Aerospace and Defense
12.10.4 Automotive
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Molybdenum Metal Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Molybdenum Metal Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Molybdenum Metal Market Size Forecast by Type
13.6.1 Powder
13.6.2 Block
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Molybdenum Metal Market Size Forecast by Applications
13.10.1 Chemical/Petrochemical
13.10.2 Building & Construction
13.10.3 Aerospace and Defense
13.10.4 Automotive
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Molybdenum Metal Market: Competitive Dashboard
14.2 Global Molybdenum Metal Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Freeport-McMoRan
14.3.2 Codelco
14.3.3 Grupo Mexico
14.3.4 China Molybdenum
14.3.5 Thompson Creek Metals Company
14.3.6 Anglo American Plc
14.3.7 Antofagasta PLC
14.3.8 Jinduicheng Molybdenum
14.3.9 Molibdenos y Metales S.A
14.3.10 Freeport-McMoRan
