Press release
Molybdenum Disulfide Market Impact and Opportunities During Coronavirus Lockdown and Forecast Assessment 2021-2027 | TRIBOTECC GMBH, Grupo Mexico, Merck KGAA
Molybdenum Disulfide Market
The Molybdenum Disulfide Market is forecast to grow at a compound annual growth rate (CAGR) of 3% during the forecast period from 2021-2027.
The transition metal dichalcogenide group includes molybdenum disulfide. Molybdenite, a silvery black solid mineral, is found in nature. Molybdenum disulfide has a low friction coefficient of less than 0.1 and is thermally and chemically stable. Dilute acids and oxygen have no effect on the molecule.
Molybdenum disulfide is a dry/solid lubricant with exceptional dry lubricating capabilities. It can resist temperatures of up to 350 degrees Celsius. Increase in demand from various end-user industries and increase in demand for molybdenum disulfide in aerospace and defense industries.
For instance, The China Association of Automobile Manufacturers (CAAM) estimates that automobile output will decrease by roughly 2% in 2020. In 2020, the country produced 25,225,242 units, up from 25,750,650 units in 2019. However, in Q1 2021, output increased by 81 percent over Q1 2020 to 6,352,028.
Manufacturing activity is increasing, which is boosting demand for lubricants and greases. Thus, the growing end-use industries boost the market demand of the Molybdenum disulfide market in the forecast years. However, the presence of better alternatives may impede market growth over the forecast period of 2021-2027.
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The report includes an in-depth analysis of macroeconomic indicators, market trends, and governing factors, as well as market attractiveness by segment. A qualitative impact map of different market factors appears in the report. A study of the impact of COVID-19 (Corona Virus) on the product industry chain is analyzed based on upstream and downstream markets, on various regions and countries, and the future development of the industry is forecast.
Report on the Global Molybdenum Disulfide Market aim to enable readers to understand the market and competitive landscape in a way that supports better decision-making. This report includes an overview of participants' financial results, including revenue results, sales volume, gross margin, capital investment, and the global Molybdenum Disulfide Market growth rate.
The researchers collect market demand and size information and validate it with market experts. This study also explores the geographical distribution of the Molybdenum Disulfide Market. The market studies provide information about the industry to top manufacturers, distributors, traders, and dealers. It will offer an overview of the product, the market, the market driving force, the risk & opportunities, and the research findings.
Impact Analysis of COVID-19
• The report examines in detail the impact of Covid-19 on the Molybdenum Disulfide Market
• The Covid-19 outbreak has caused thousands of illnesses worldwide, and the World Health Organization has declared it a global health emergency. Coronavirus disease, which already affects these groups, will have an impact on Molybdenum Disulfide Market segments.
• The economic damage is already evident and represents the world's worst economic shock in decades as the health and human toll rise.
• Several undesirable outcomes can occur in chaotic situations, including restaurant closing, flight canceling, travel restrictions in place, indoor event venues losing permits, customer confidence eroding, stock markets fluctuating, and citizens becoming anxious.
The study covers the fundamental aspects of the Global Molybdenum Disulfide Market, including its future prospects and competitive landscape, in great detail. A Porter's Five Forces analysis of the Molybdenum Disulfide Market provides insights into the factors influencing its growth. Accordingly, this market study breaks down the Molybdenum Disulfide Market into segments, regions, and players to present a clear picture of the current market environment. Research also covers macroeconomics and microeconomics. In the report, several graphs, charts, and tables appear effectively.
Regional Overview
The Molybdenum Disulfide Market study gives a comprehensive look at country-level segments classified as potentially high-growth areas, countries with the highest market share, and countries with the most potential growth. The Molybdenum Disulfide Market study includes regional break-ups like North America (USA, Canada), South America, Asia Pacific (China, Japan, India, Korea), Europe (Germany, UK, France, Italy), Other countries.
Leading Competitors
The leading prominent competitors in the global Molybdenum Disulfide Market are:
Jinduicheng Molybdenum Group Co. Ltd
American Elements
Luoyang Shenyu Molybdenum Co. Ltd
Songxian Exploiter Molybdenum Co.
Moly metal LLP
Freeport-McMoRan
Centerra Gold Inc.
TRIBOTECC GMBH
Grupo Mexico
Merck KGAA
Scope of the Report
The global Molybdenum Disulfide Market segmentation focuses on:
By Type:
Molybdenum Disulfide (MoS2) Powder
Molybdenum Disulfide (MoS2) Crystals
By Application:
Lubricants and Coatings
Semiconductor
Catalysts
Other Applications
By End-user Industry:
Automotive
Aerospace and Defence
Electrical and Electronics
Construction
Chemical and Petrochemical
Other End-user Industries
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