Molybdenum Disulfide Market Size to Grow Steadily during Forecast period 2017-2027

Molybdenum Disulfide (MoS2) compound is classified as transition metal dichalcogenide. It occurs in nature as silvery black solid mineral molybdenite. Molybdenum disulfide is well known for its good thermal and chemical stability with the friction coefficient less than 0.1. It also remains unaffected by dilute acids and oxygen. Molybdenum disulfide is a dry /solid lubricant and offers excellent dry lubricity and can resist temperature higher than 350° C. The molybdenum disulfide with the particle size range from 1-100 µm is commonly used as dry lubricant. Molybdenum Disulfide can retain its lubricity even in the case of complete oil loss. It is one of the best known solid lubricants and is used various industries for a smooth functioning of the machines and equipment. Due to its various properties, it is extensively used in military, aerospace and automotive industries. Also, it is an appropriate compound for chassis lubrication for heavy duty service vehicles such as trucks and construction vehicles. It is widely used in automotive systems such as ball joints, wheel bearing, pedal shafts, steering linkages and control arms for lubrication. It is also used extensively in greases and grease like products used for lubrication. Also, it is used in resin bonded and impingement coatings and sputtered coatings.

Molybdenum Disulfide is also recommended for heavily loaded bearings in industrial and manufacturing plants to protect the bearings from the corrosion as well as it also provide oxidation protection.

Molybdenum Disulfide Market:Market Dynamics

Molybdenum disulfide has its application in end use industry such as Aerospace, automotive, chemical etc. Due to the growth of these end use industries, the demand for molybdenum disulfide will also upsurge over the forecast period. From a macro-economic perspective global economic growth and growth in industry value added will also have a significant impact on the market growth over the forecast period, as growth of end-use industries for molybdenum disulfide significantly depend upon these factors.

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However, the presence of alternatives such as tungsten disulfide (WS2) will restrain the growth of molybdenum disulfide market. Characteristics of molybdenum disulfide such as non-effectiveness for low-temperature application. Further, supply of low-quality products from local competitors can restrain the growth of the global molybdenum disulfide market over the forecast period.

Molybdenum Disulfide Market:Market Segmentation

Global Molybdenum Disulfide Market can be segmented on the basis of end use industry as ;

Automotive industries

Semiconductor & electronics industries

Aerospace industries

Construction industry

Chemical Industry

Others

Global Molybdenum Disulfide Market can be segmented on the basis of Application as;

Lubricant

Coating

Semiconductor

Catalysts

Others

Global Molybdenum Disulfide Market can be segmented on the basis of type as;

Molybdenum Disulfide (MoS2) Powder

Molybdenum Disulfide (MoS2) Crystals

Molybdenum Disulfide Market: Region-wise Outlook

APEJ expected to have robust growth opportunity in the global molybdenum disulfide market in terms of value as well as volume. It is due to increasing end use industry and manufacturing units in the countries such as China, India etc. Where North America also accounts for a significant proportion of global market of Molybdenum Disulfide. Moreover, high demand from the end-user industries such as construction, aerospace and automotive is likely to fuel the molybdenum disulfide market in Europe region. Also, Japan is expected to project significant growth in the forecast period, because of the automotive, electronics applications. Rest of the world market is estimated to account for a relatively small share in the molybdenum disulfide market during the forecast period.

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Molybdenum Disulfide Market: Market Participants

Some of the key participants associated with the Molybdenum Disulfide Market are

Tribotecc GmbH

Exploiter Molybdenum Co., Ltd

Rose Mill Co. LLC

EPRUI Nanoparticles & Microspheres Co. Ltd

Freeport-McMoRan Inc.

TRITRUST INDUSTRIAL (CHINA) CO, LTD

Graphene Laboratories Inc.

American Elements

Strem Chemicals

Moly Metal L.L.P

Luoyang Shenyu Molybdenum Industry Co., Ltd

US Research Nanomaterials, Inc.

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This release was published on openPR.