Molybdenum Market 2020-2024

Global Molybdenum Market 2020-2024

The publisher has been monitoring the molybdenum market and it is poised to grow by 41.68 th MT during 2020-2024 progressing at a CAGR of 3% during the forecast period. The report on molybdenum market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the high demand from APAC and growing demand for molybdenum in the oil and gas segment. In addition, high demand from APAC is anticipated to boost the growth of the market as well.

The molybdenum market analysis includes product segment, application segment and geographical landscapes.

The molybdenum market is segmented as below:

By Product

• Steel
• Chemical
• Foundry
• Molybdenum metal
• Nickel alloy

By Application

• Oil and gas
• Automotive
• Heavy machinery
• Energy
• Others

By Geographical Landscapes

• APAC
• Europe
• North America
• MEA
• South America

This study identifies the demand from automotive and construction industries as one of the prime reasons driving the molybdenum market growth during the next few years.

The report on molybdenum market covers the following areas:

• Molybdenum market sizing
• Molybdenum market forecast
• Molybdenum market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading molybdenum market vendors that include ABSCO Ltd., Anglo American Plc, Antofagasta Plc, Centerra Gold Inc., China Molybdenum Co. Ltd., China Rare Metal Material Co. Ltd., Corporacion Nacional del Cobre de Chile, Freeport-McMoRan Inc., Grupo Mexico SAB de CV, and Rio Tinto Ltd.. Also, the molybdenum market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.