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Global Molybdenum Market: By Product Type: Steel, Chemical, Foundry, MO-Metal, Nickel Alloy, Others; By End Use: Oil and Gas, Chemical and Petrochemical, Automotive, Industrial Usage, Others; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Molybdenum Market Outlook

The global molybdenum market is expected to grow in the forecast period of 2021-2026 at a CAGR of 4%.

 

Global Molybdenum Market

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Increasing Demand for Molybdenum in Various End-Use Industries Aiding the Molybdenum Industry

Molybdenum is used as a catalyst in the petroleum industry to help remove sulphur from natural gas and refined petroleum products, which is propelling the market growth. As molybdenum has a very high melting point, it is used in the production of moly steel alloys that are used in various engines, hence aiding the industry growth. Moreover, it is also used along with cast iron to reduce carbon emission and produce cylinder heads, motor, and exhaust manifolds, which is consequently providing further impetus to the market growth.

The use of molybdenum disulphide, made from molybdenum and sulphur, to lubricate two strokes engines, bicycle coaster brakes, ski waxes, and bullets, among others, is further invigorating the market growth. Moreover, it protects the engine from wear and tear due to its geothermal origin, which is positively impacting the industry growth. In addition, the use of molybdenum in stainless steel alloys for tanker trucks and pharmaceutical and chemical mills is also contributing significantly to the overall market growth. Further, the surging demand for stainless steel to produce stainless steel service pipes, which can address the global issue of water leakage, is also catalysing the market growth. Moreover, favourable government regulations which allow the use of stainless steel in the food and beverage industry are further augmenting the market growth.

 

Molybdenum: Industry Definition and Segmentation

Molybdenum is a silvery-white element that is ductile and highly resistant to corrosion. It is a transition metal that is recovered as a by-product of tungsten and copper mining. It is used in the production of alloys to increase their hardness, electrical conductivity, resistance, and strength. It is also an essential trace mineral, which is naturally found in milk, cereal grains, leafy vegetables, and organ meats, among others.

 

Global Molybdenum Market By Product Type

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The major product types of molybdenum are:

  • Steel
  • Chemical
  • Foundry
  • MO-Metal
  • Nickel Alloy
  • Others

The market can be broadly categorised on the basis of its end use into:

  • Oil and Gas
  • Chemical and Petrochemical
  • Automotive
  • Industrial Usage
  • Building and Construction
  • Aerospace and Defence
  • Others

The EMR report looks into the regional markets of molybdenum like North America, Europe, Latin America, the Asia Pacific, and the Middle East and Africa.

 

Global Molybdenum Market By Region

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Rising Demand for Steel Alloys Owing to Mass Urbanisation to Bolster the Growth of Molybdenum Industry

The corrosion resistance property of molybdenum makes it suitable for application in the construction of buildings that are located in harsh environments. Moreover, the governments of developing economies, such as India and China, are investing significantly in the construction of roads, trains, power plants, and water systems, which is increasing the demand for energy production. In addition, robust demand for steel alloys in China and India owing to mass urbanisation and the escalating construction of residential and commercial spaces is expected to aid the market growth for molybdenum. Further, the sustainable property of stainless steel allows for its use in the development of green cities and buildings, which is expected to invigorate the market growth.

The robust growth of the aviation industry is increasing the demand for superior aircraft whose turbine engine can provide high performance and efficiency. The use of molybdenum to withstand high thermal, mechanical stress, reduce vibration, and improve the comfort of both passengers and the pilot, is augmenting the industry growth. In addition, solid rocket motors that use various speciality compounds to improve thrust and increase propulsion through vanes and nozzles use molybdenum which in turn is aiding the market growth. As molybdenum has outstanding thermomechanical and chemical properties and can easily withstand harsh weather, it is used to support jet engines and landing systems, which is further catalysing the market growth.

 

Key Industry Players in the Global Molybdenum Market

The report presents a detailed analysis of the following key players in the global molybdenum market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Anglo American plc
  • Antofagasta plc
  • China Molybdenum Co., Ltd
  • Codelco
  • Freeport-McMoRan Inc.
  • Others

The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2016-2020
Forecast Period 2021-2026
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product Type, End Use, Region
Breakup by Product Type Steel, Chemical, Foundry, MO-Metal, Nickel Alloy, Others
Breakup by End Use Oil and Gas, Chemical and Petrochemical, Automotive, Industrial Usage, Building and Construction, Aerospace and Defence, Others
Breakup by Regions North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Trade Data Analysis Major Importing Countries by Value and Volume, Major Exporting Countries by Value and Volume
Price Analysis Historical and Forecast Price Trends-Regional
Competitive Landscape Market Structure, Company Profiles-Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Anglo American plc, Antofagasta plc, China Molybdenum Co., Ltd, Codelco, Freeport-McMoRan Inc., Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface 
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Molybdenum Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Molybdenum Historical Market (2016-2020) 
    8.3    Global Molybdenum Market Forecast (2021-2026)
    8.4    Global Molybdenum Market by Product Type
        8.4.1    Steel
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026)
        8.4.2    Chemical
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026)
        8.4.3    Foundry
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2016-2020)
            8.4.3.3    Forecast Trend (2021-2026)
        8.4.4    MO-Metal
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2016-2020)
            8.4.4.3    Forecast Trend (2021-2026)
        8.4.5    Nickel Alloy
            8.4.5.1    Market Share
            8.4.5.2    Historical Trend (2016-2020)
            8.4.5.3    Forecast Trend (2021-2026)
        8.4.6    Others
    8.5    Global Molybdenum Market by End Use
        8.5.1    Oil and Gas
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2016-2020)
            8.5.1.3    Forecast Trend (2021-2026)
        8.5.2    Chemical and Petrochemical
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2016-2020)
            8.5.2.3    Forecast Trend (2021-2026)
        8.5.3    Automotive
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2016-2020)
            8.5.3.3    Forecast Trend (2021-2026)
        8.5.4    Industrial Usage
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2016-2020)
            8.5.4.3    Forecast Trend (2021-2026)
        8.5.5    Building and Construction
            8.5.5.1    Market Share
            8.5.5.2    Historical Trend (2016-2020)
            8.5.5.3    Forecast Trend (2021-2026)
        8.5.6    Aerospace and Defence
            8.5.6.1    Market Share
            8.5.6.2    Historical Trend (2016-2020)
            8.5.6.3    Forecast Trend (2021-2026)
        8.5.7    Others
    8.6    Global Molybdenum Market by Region
        8.6.1    Market Share
            8.6.1.1    North America
            8.6.1.2    Europe
            8.6.1.3    Asia Pacific
            8.6.1.4    Latin America
            8.6.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
        9.2.3    Breakup by Country 
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2016-2020)
        9.5.2    Forecast Trend (2021-2026)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Trade Data Analysis

    12.1    Major Exporting Countries
        12.1.1    By Value
        12.1.2    By Volume
    12.2    Major Importing Countries
        12.2.1    By Value
        12.2.2    By Volume
13    Price Analysis
    13.1    North America Historical Price Trends (2016-2020) and Forecast (2021-2026)
    13.2    Europe Historical Price Trends (2016-2020) and Forecast (2021-2026)
    13.3    Asia Pacific Historical Price Trends (2016-2020) and Forecast (2021-2026)
    13.4    Latin America Historical Price Trends (2016-2020) and Forecast (2021-2026)
    13.5    Middle East and Africa Historical Price Trends (2016-2020) and Forecast (2021-2026)
14    Competitive Landscape
    14.1    Market Structure
    14.2    Company Profiles
        14.2.1    Anglo American plc
            14.2.1.1    Company Overview
            14.2.1.2    Product Portfolio
            14.2.1.3    Demographic Reach and Achievements
            14.2.1.4    Certifications
        14.2.2    Antofagasta plc
            14.2.2.1    Company Overview
            14.2.2.2    Product Portfolio
            14.2.2.3    Demographic Reach and Achievements
            14.2.2.4    Certifications
        14.2.3    China Molybdenum Co., Ltd
            14.2.3.1    Company Overview
            14.2.3.2    Product Portfolio
            14.2.3.3    Demographic Reach and Achievements
            14.2.3.4    Certifications
        14.2.4    Codelco
            14.2.4.1    Company Overview
            14.2.4.2    Product Portfolio
            14.2.4.3    Demographic Reach and Achievements
            14.2.4.4    Certifications
        14.2.5    Freeport-McMoRan Inc.
            14.2.5.1    Company Overview
            14.2.5.2    Product Portfolio
            14.2.5.3    Demographic Reach and Achievements
            14.2.5.4    Certifications
            14.2.5.5    Certifications
        14.2.6    Others
15    Industry Events and Developments


Additional Customisations Available

1    Manufacturing Process
    1.1    Overview
    1.2    Detailed Process Flow
    1.3    Operation Involved
2    Project Requirement and Cost Analysis
    2.1    Land, Location and Site Development
    2.2    Construction
    2.3    Plant Machinery
    2.4    Cost of Raw Material
    2.5    Packaging
    2.6    Transportation
    2.7    Utilities
    2.8    Manpower
    2.9    Other Capital Investment


List of Figures and Tables

1.    Global Molybdenum Market: Key Industry Highlights, 2016 and 2026
2.    Global Molybdenum Historical Market: Breakup by Product Type (USD Billion), 2016-2020
3.    Global Molybdenum Market Forecast: Breakup by Product Type (USD Billion), 2021-2026
4.    Global Molybdenum Historical Market: Breakup by End Use (USD Billion), 2016-2020
5.    Global Molybdenum Market Forecast: Breakup by End Use (USD Billion), 2021-2026
6.    Global Molybdenum Historical Market: Breakup by Region (USD Billion), 2016-2020
7.    Global Molybdenum Market Forecast: Breakup by Region (USD Billion), 2021-2026
8.    North America Molybdenum Historical Market: Breakup by Country (USD Billion), 2016-2020
9.    North America Molybdenum Market Forecast: Breakup by Country (USD Billion), 2021-2026
10.    Europe Molybdenum Historical Market: Breakup by Country (USD Billion), 2016-2020
11.    Europe Molybdenum Market Forecast: Breakup by Country (USD Billion), 2021-2026
12.    Asia Pacific Molybdenum Historical Market: Breakup by Country (USD Billion), 2016-2020
13.    Asia Pacific Molybdenum Market Forecast: Breakup by Country (USD Billion), 2021-2026
14.    Latin America Molybdenum Historical Market: Breakup by Country (USD Billion), 2016-2020
15.    Latin America Molybdenum Market Forecast: Breakup by Country (USD Billion), 2021-2026
16.    Middle East and Africa Molybdenum Historical Market: Breakup by Country (USD Billion), 2016-2020
17.    Middle East and Africa Molybdenum Market Forecast: Breakup by Country (USD Billion), 2021-2026
18.    Major Exporting Countries by Value
19.    Major Importing Countries by Value
20.    Major Exporting Countries by Volume
21.    Major Importing Countries by Volume
22.    North America Historical Price Trends and Forecast 2016-2026
23.    Europe Historical Price Trends and Forecast 2016-2026
24.    Asia Pacific Historical Price Trends and Forecast 2016-2026
25.    Latin America Historical Price Trends and Forecast 2016-2026
26.    Middle East and Africa Historical Price Trends and Forecast 2016-2026
27.    Global Molybdenum Market Structure

Key Questions Answered in the Report

The global molybdenum market is projected to grow at a CAGR of 4% between 2021 and 2026.

The market is being aided by the surging end-uses of molybdenum in various industries, flourishing aerospace and defence industry, and increasing use of steel alloys.

The market is expected to be defined by the technological advancements in the industry.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The major product types of molybdenum in the industry are steel, chemical, foundry, MO-metal, and nickel alloy, among others.

The significant end uses in the market are oil and gas, chemical and petrochemical, automotive, industrial usage, building and construction, and aerospace and defence, among others.

The major players in the industry are Anglo American plc, Antofagasta plc, China Molybdenum Co., Ltd, Codelco, and Freeport-McMoRan Inc., among others.

Analyst Review

The global molybdenum market is driven by the surging end-uses of molybdenum in major industries. Aided by the technological advancements in the industry, the market is expected to witness a further growth in the forecast period of 2021-2026, growing at a CAGR of 4%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its product types, the molybdenum industry can be segmented into steel, chemical, foundry, MO-metal, and nickel alloy, among others. On the basis of end uses, the industry is divided into oil and gas, chemical and petrochemical, automotive, industrial usage, building and construction, and aerospace and defence, among others. The major regional markets for molybdenum are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Anglo American plc, Antofagasta plc, China Molybdenum Co., Ltd, Codelco, and Freeport-McMoRan Inc., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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