Market Overview:
The global molybdenum target market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for molybdenum targets from various applications such as displays, solar energy, automobiles, and other applications. North America is expected to hold the largest share of the global molybdenum target market in 2018, followed by Europe and Asia Pacific. However, Asia Pacific is projected to grow at the highest CAGR during the forecast period owing to rising demand for molybdenum targets from countries such as China and Japan.
Product Definition:
A molybdenum target is a piece of metal that is used to produce ions for use in mass spectrometry. The ions are produced when the target is bombarded with a beam of high-energy particles. Molybdenum targets are often used because they produce a large number of ions, which allows for the detection of small amounts of material.
Plane Target:
Plane target is a term used in the field of analytical chemistry for a surface on which molecules can be placed and tested by various techniques. The most common types of plane targets are glass, mica, silica gel, and aluminum. In analytical chemistry the usage of such surfaces has been widespread from paper & plastic scintillation counters to gas analyzers.
The global plane target market size was valued at USD 523 million in 2015.
Rotating Target:
Rotating target is a technique used in metallurgical processes to control the rate of penetration of the current through the metal. The process involves two targets, one being a wear-resistant and hot region and other being an easily accessible cold region. By changing the position of these two regions with respect to each other, it is possible to control how much current will pass through either target material or whether both targets will be simultaneously heated or not.
Application Insights:
The other application segment includes chemical synthesis and energy applications. The molybdenum target market for the other application segment was valued at USD 1,000.0 million in 2017 owing to its increasing use in various chemical processes including nitriding, phosphating, and sulfiding. Molybdenum is also used as a catalyst in the production of fertilizers on a large scale which further fuels its demand worldwide.
Display was the largest application segment with over 40% share of global volume in 2017 due to high product demand for manufacturing liquid crystal displays (LCDs). Rising consumer preference for larger screens has led to an increase in molybdenum consumption by LCD manufacturers such as Samsung Electronics Co., Ltd., LG Display Co., Ltd., and Japan Display Inc.; this trend is expected to continue over the forecast period thus driving growth globally.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to witness significant growth over the forecast period owing to rising demand from solar energy, automobile and other end-use industries. China accounted for a major share of global molybdenum production in 2017 on account of availability of raw materials and skilled labor at low cost.
North America emerged as the second-largest regional market for target metals with a volume share of 23%. Increasing use in electronics, medical devices, pharmaceuticals along with growing aerospace & defense spending are anticipated to drive industry growth over the next eight years. U.S.
The European molybdenum industry has been highly diversified across countries such as Russia, Spain, Italy Germany France UK etc.
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 materials used in manufacturing chips and other electronic components.
- Rising global energy consumption, which is boosting demand for molybdenum-containing steel alloys used in power generation and transmission infrastructure projects.
- Growing awareness of the benefits of using molybdenum in high-performance applications such as oil & gas production, chemical processing, and water treatment systems.
Scope Of The Report
Report Attributes
Report Details
Report Title
Molybdenum Target Market Research Report
By Type
Plane Target, Rotating Target
By Application
Display, Solar Energy, Automobile, Other
By Companies
Hcstarck, Europages, LC INDUSTRIAL GROUP LIMITED, PLANSEE, Zhengzhou Shibo Nonferrous Metals Products Co., Ltd., Lesker, SAM, Nexteck, ZNXC, Beijing Guanli, Kaize Metals, E-light, German tech, Beijing Scistar Technology, FDC
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
133
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Molybdenum Target Market Report Segments:
The global Molybdenum Target market is segmented on the basis of:
Types
Plane Target, Rotating Target
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
Display, Solar Energy, Automobile, Other
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:
- Hcstarck
- Europages
- LC INDUSTRIAL GROUP LIMITED
- PLANSEE
- Zhengzhou Shibo Nonferrous Metals Products Co., Ltd.
- Lesker
- SAM
- Nexteck
- ZNXC
- Beijing Guanli
- Kaize Metals
- E-light
- German tech
- Beijing Scistar Technology
- FDC
Highlights of The Molybdenum Target 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:
- Plane Target
- Rotating Target
- By Application:
- Display
- Solar Energy
- Automobile
- Other
- 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 Target 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
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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 has many potential uses in industry. One target for molybdenum is to improve the performance of steel alloys.
Some of the key players operating in the molybdenum target market are Hcstarck, Europages, LC INDUSTRIAL GROUP LIMITED, PLANSEE, Zhengzhou Shibo Nonferrous Metals Products Co., Ltd., Lesker, SAM, Nexteck, ZNXC, Beijing Guanli, Kaize Metals, E-light, German tech, Beijing Scistar Technology, FDC.
The molybdenum target 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 Target 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 Target Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Molybdenum Target 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 Target 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 Target Market Size & Forecast, 2020-2028
4.5.1 Molybdenum Target Market Size and Y-o-Y Growth
4.5.2 Molybdenum Target Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Plane Target
5.2.2 Rotating Target
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Display
6.2.2 Solar Energy
6.2.3 Automobile
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Molybdenum Target 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 Target 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Plane Target
9.6.2 Rotating Target
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 Market Size Forecast by Applications
9.10.1 Display
9.10.2 Solar Energy
9.10.3 Automobile
9.10.4 Other
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Plane Target
10.6.2 Rotating Target
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 Market Size Forecast by Applications
10.10.1 Display
10.10.2 Solar Energy
10.10.3 Automobile
10.10.4 Other
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Plane Target
11.6.2 Rotating Target
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 Market Size Forecast by Applications
11.10.1 Display
11.10.2 Solar Energy
11.10.3 Automobile
11.10.4 Other
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Plane Target
12.6.2 Rotating Target
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 Market Size Forecast by Applications
12.10.1 Display
12.10.2 Solar Energy
12.10.3 Automobile
12.10.4 Other
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Plane Target
13.6.2 Rotating Target
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) Market Size Forecast by Applications
13.10.1 Display
13.10.2 Solar Energy
13.10.3 Automobile
13.10.4 Other
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 Target Market: Competitive Dashboard
14.2 Global Molybdenum Target Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hcstarck
14.3.2 Europages
14.3.3 LC INDUSTRIAL GROUP LIMITED
14.3.4 PLANSEE
14.3.5 Zhengzhou Shibo Nonferrous Metals Products Co., Ltd.
14.3.6 Lesker
14.3.7 SAM
14.3.8 Nexteck
14.3.9 ZNXC
14.3.10 Beijing Guanli
14.3.11 Kaize Metals
14.3.12 E-light
14.3.13 German tech
14.3.14 Beijing Scistar Technology
14.3.15 FDC
