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Molybdenum Trioxide Market to Witness Robust Expansion by 2024– Top Key players like Codelco,SeAH M&S,Grupo Mexico,Inc.
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Molybdenum trioxide is gray black powder. It is chemical compound derived from molybdenum, and used primarily in the steel industry for corrosion resistance, strengthening and heat resistance, molybdenum chemical industry.
The molybdenum trioxide industry concentration is high; there are few manufacturers in the world, and they are mainly distributed in America Chile and China. This is mainly because the raw material is molybdenum ore which distribute in those areas. America, Chile and China have long history and unshakable status in this industry, like Molibdenos y Metales S.A., Freeport-McMoRan (FCX) and Jinduicheng Molybdenum Group, both have perfect products.
Many companies have several plants, usually close to aimed raw material areas so that it can decrease the transportation cost of the raw material cost. Some companies usually enter into China market by building joint ventures.
The import and export percent of this industry is high. Because this industry can be used in many fields and the regions which have no production of this product have to buy molybdenum trioxide from the regions which have huge production of molybdenum trioxide.
According to this study, over the next five years the Molybdenum Trioxide market will register a 2.1% CAGR in terms of revenue, the global market size will reach US$ 4070 million by 2024, from US$ 3670 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Molybdenum Trioxide business, shared in Chapter 3.
Market Segment by Manufacturers, this report covers
Molibdenosy Metales S.A.
Freeport-McMoRan (FCX)
Rio Tinto Kennecott
Codelco
Thompson Creek Metals Company
SeAH M&S
Grupo Mexico
Jinduicheng Molybdenum Group
China Molybdenum
Jinzhou New China Dragon Moly
Linghai Hengtai Molybdenum
Kaiyuan Bairong Ferroalloy
Anqing Yuetong Molybdenum
Sichuan S.Y Moly Technology
Luanchuan Longyu
Market Segment by Type, covers
Technical Molybdenum Trioxide
High Pure Molybdenum Trioxide
Market Segment by Applications, can be divided into
Metallurgy Industry
Alloy Metals Industry
Chemical Industry
Others
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Related Information:
North America Molybdenum Trioxide Market Growth 2019-2024
United States Molybdenum Trioxide Market Growth 2019-2024
Asia-Pacific Molybdenum Trioxide Market Growth 2019-2024
Europe Molybdenum Trioxide Market Growth 2019-2024
EMEA Molybdenum Trioxide Market Growth 2019-2024
Global Molybdenum Trioxide Market Growth 2019-2024
China Molybdenum Trioxide Market Growth 2019-2024
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