Press release
Molybdenum Market to Reach USD 332.1 Bn by 2029, emerging at a CAGR of 2 percent and forecast 2023-2029
Molybdenum Market
Our research methodology includes a thorough analysis of market trends, data collection from primary and secondary sources, and strategic assessment of key players. Request a Free Sample Report for detailed insights.
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What are Molybdenum Market Dynamics:
According to the MMR report, global molybdenum production climbed by 3.7 percent in 2022 over the previous year. During the forecast period, rising energy demand from large-scale enterprises is likely to impact molybdenum demand. The increasing usage of molybdenum in specialty chemicals and steel applications is expected to aid the global molybdenum market growth. In 2022, molybdenum mine output in the United States increased by 25% to 44600 tonnes, with a conforming value of US$ 800 million.
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Molybdenum Market Regional Insights:
In 2022, the APAC region dominated the global Molybdenum Market, driven by rapid industrialization and infrastructure development in countries like China, India, and Korea. North America and Europe also present significant market shares, fueled by demand from the oil and gas, aerospace, and defense industries.
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What is Molybdenum Market Segmentation:
by Product
Steel
Chemical
Foundry
MO-Metal
Nickel Alloy2
Other
by End-User Industry
Oil and Gas
Chemical and Petrochemical
Automotive
Industrial Usage
Building and Construction
Aerospace and Defense
Others
by Sales Channel
Manufacturer/Distributor
Aftermarket
Who are Molybdenum Market Key Players:
1 Freeport-McMoRan Inc.
2 China Molybdenum Co., Ltd.
3 Compania Minera Dona Ines De Collahuasi S.C.M.
4 Antofagasta plc
5 Jinduicheng Molybdenum Co., Ltd.
6 Grupo Méxicoh
7 Compañía Minera Antamina S.A.
8 Thompson Creek Metals Company Inc.
9 S.A.B. de C.V.
10 BHP Billiton Group
11 American CuMo Mining Corporation.
12 Moly metal LLP
13 Anglo American,
14 Rio Tinto
15 Moltun
16 Codelco
17 Others
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Table of content for the Molybdenum Market includes:
Global Molybdenum Market: Research Methodology
Global Molybdenum Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3.Global Molybdenum Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
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