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Molybdenum Market Benchmarking of the Top Vendors (Freeport-Mcmoran, Codelco, Grupo MéXico, China Molybdenum) with Future Forecast 2023
The Report Also Covers the Product Portfolio Analysis of the Molybdenum Products and Vendor Benchmarking of the Top Players in This Market. In addition, this report highlights the growth strategies adopted by the major market players to garner large shares in the Molybdenum market. Molybdenum Market Report Coverage Highlights: This report covers drivers, restraints, opportunities, challenges, and market trends.The Molybdenum is a chemical element with symbol Mo and atomic number 42. The name is from Neo-Latin molybdenum, from Ancient Greek Μόλυβδος molybdos, meaning lead, since its ores were confused with lead ores. Molybdenum minerals have been known throughout history, but the element was discovered (in the sense of differentiating it as a new entity from the mineral salts of other metals) in 1778 by Carl Wilhelm Scheele. The metal was first isolated in 1781 by Peter Jacob Hjelm.
A separate section with Molybdenum industry key players is included in the report, which provides a comprehensive analysis of price, cost, gross, revenue, product picture, specifications, company profile, and contact information. Development and Research plays a vital role towards the innovation in any given industry which require to execute. Additionally, performing research and development offers a competitive advantage over the competitors owing to regular introduction of products and prototypes to attract consumers. This is expected to have a positive impact on the Molybdenum market growth over the forecast period.
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The global molybdenum market is expected to witness a CAGR of 3.5% during the forecast period of 2018 - 2023. The major factor driving the market is the increasing industrial activity in China and expansion of the energy sector.
Growing Demand for Molybdenum Bearings
The growing demand for molybdenum bearings in the steel and chemical sectors is alleviating its prices. This is expected to benefit the molybdenum market to a great extent. Additionally, the increase in industrial activities, accompanied by the infrastructural expansion in countries, like China, India, and Indonesia, are expected to witness a growth in demand for steel, which is likely to drive the market for molybdenum during the forecast period. The deceleration of demand from the Chinese oil & gas sector due to the decline in exploration and production activities, where molybdenum steel bearings are heavily used, may hamper the growth of the molybdenum market.
Growing Demand from End-user Industries
Molybdenum is heavily required in steel for the building and construction sector, and the growth of the construction market in Asia-Pacific is likely to boost the demand for molybdenum. The growing steel consumption in end-user industries including the automotive and transportation sector is expected to account for a huge share in the market. With the growing demand for lightweight and electronic vehicles globally, there has been a huge increase in the total automotive production. These levels are expected to rise further, boosting the demand for steel, which in turn, is expected to benefit the market for molybdenum during the forecast period.
Asia-Pacific Dominates the Market
Asia-Pacific is expected to have the largest market globally for molybdenum during the forecast period. The rapid industrialization and rising consumption are expected to boost the market. Additionally, steel manufacturing in emerging economies, such as China and India, is expected to further augment the growth of the molybdenum market during the forecast period.
Key Developments in the Market
August 2017: China Molybdenum is on the lookout for cheap mines overseas after fundraising.
MAJOR PLAYERS
Freeport-McMoRan
Codelco
Grupo México
China Molybdenum
Thompson Creek Metals Company, Inc., amongst others.
Reason to Purchase the Report
Analyzing various perspectives of the market with the help of Porter’s Five Forces Analysis.
To understand the dominating segments in the market.
Identify the countries expected to witness the fastest growth during the forecast period.
Identify the latest developments, market shares, and strategies employed by the major market players.
3-month analyst support along with the Market Estimate sheet (in Excel).
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Molybdenum Market Forecast 2018-2023
The Molybdenum industry research report analyses the supply, sales, production, and market status comprehensively. Production market shares and sales market shares are analysed along with the study of capacity, production, sales, and revenue. Several other factors such as import, export, gross margin, price, cost, and consumption are also analysed under the section Analysis of Molybdenum production, supply, sales and market status.
Lastly, this report covers the market landscape and its growth prospects over the coming years, the Report also brief deals with the product life cycle, comparing it to the relevant products from across industries that had already been commercialized details the potential for various applications, discussing about recent product innovations and gives an overview on potential regional market shares.
Customization of the Report
This report can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Detailed TOC of Global Molybdenum Market Forecasts (2018 - 2023)
Introduction
1.1 Definition of the Market
1.2 Key Findings of the Study
Research Scope and Methodology
2.1 Study Deliverables
2.2 Study Assumptions
2.3 Research Methodology
2.4 Research Phases
Market Dynamics
3.1 Drivers
3.1.1 Increasing Demand for Molybdenum
3.1.2 Evolving R&D Priorities
3.1.3 Adoption of Molybdenum
3.2 Restraints
3.2.1 Molybdenum Industry
3.2.2 Molybdenum Types and Application
Industry Analysis
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Suppliers
4.1.2 Bargaining Power of Buyers
4.1.3 Threats of New Entrants
4.1.4 Threats of Substitute Products and Services
4.1.5 Degree of Competition
Market Segmentation
5.1 By Application
5.2 By Geography
5.2.1 North America
5.2.1.1 US
5.2.1.2 Canada
5.2.1.3 Mexico
5.2.1.4 Others
5.2.2 Europe
5.2.2.1 Spain
5.2.2.2 UK
5.2.2.3 France
5.2.2.4 Germany
5.2.2.5 Russia
5.2.2.6 Italy
5.2.2.7 Others
5.2.3 Asia-Pacific
5.2.3.1 China
5.2.3.2 Japan
5.2.3.3 India
5.2.3.4 Australia
5.2.3.5 Others
5.2.4 South America
5.2.4.1 Brazil
5.2.4.2 Argentina
5.2.4.3 Others
5.2.5 Africa
5.2.5.1 South Africa
5.2.5.2 Others
Competitor Analysis
6.1 Market Shares of Leading Players
6.2 Strategies Adopted by Leading Players
Company Profiles
Future Outlook of the Market
Appendix
Price of Report (single User Licence): $4250
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