Global Molybdenum Market: Industry Analysis and Forecast (2020-2026) – By Product, End-User Industry, and Region.

Global Molybdenum Market size was valued at US$ 6.23 Bn. in 2019 and the total revenue is expected to grow at a CAGR 0.8 % through 2020 to 2026, reaching nearly US$ 8.60 Bn. by 2026.

Global Molybdenum Market Overview and Dynamics:

Molybdenum is a lightweight, durable, highly resilient metal with excellent corrosion resistance and a low degree of thermal expansion properties. It is a refractory metal mostly used in high-temperature applications. Molybdenum bearings are widely used in steel, oil and gas, and the chemical industry. As per the MMR report, global molybdenum production increased at the rate of 3.7% in 2019 compared to the year 2018. Increasing demand for energy from large-scale industries is expected to influence the demand for molybdenum during the forecast period. The growing use of molybdenum in specialty chemicals and steel applications is further expected to help the expansion of the global molybdenum market. The U.S. mine production of molybdenum improved by ~25 % in 2019 to reach 44600 tons and the conforming value was US$ 800 million. However, the global molybdenum market is hampered by the unstable oil prices and high cost of molybdenum. Global Molybdenum Market To know about the Research Methodology :- Request Free Sample Report

In 2019, Oil and Gas Industry Segment Held Largest XX% Market Share:

Among the end-use industry, the oil and gas segment was valued at US$ XX Bn. in 2019 and is projected to reach US$ XX Bn. by 2026 at a CAGR of 5.40% during 2020-2026. Molybdenum is widely used in the oil & gas industry. The largest share is contributed by APAC and MEA regions in the oil and gas industry. This is expected to represent 28,964.2 Million lb., or 50 % of the Asian market in 2018, to reach XX Million lb. in 2026, or XX.45%, representing a CAGR of XX% during the forecast period.

Steel Product Segment to Attain Fastest Growth:

Based on product, the steel segment is expected to grow at the largest CAGR of nearly 5.80% during the forecast period. Molybdenum is used in many steel applications including stainless steel, engineering steel, and tool steel which is driving the market growth. Many grades of stainless molybdenum steel are more corrosion resistant when related to molybdenum-free grades of stainless steel and henceforth is projected that the global molybdenum market will experience considerable growth. Global Molybdenum Market

Impact of COVID-19 on Global Molybdenum Market:

The molybdenum market was negatively impacted by COVID-19 in 2020 globally. The demand for molybdenum declined in 2020, due to COVID-19 related lockdowns resulted in less production of steel, a major user of molybdenum, in the globe e.g. China. The oil & gas industry is a major user of molybdenum contained in many products, like steels and refinery catalysts. Due to the COVID-19 pandemic resulting in widespread lockdown measured that significantly restricted travel, the crude oil price decline sharply. The price of Brent crude oil declined from US$67.3 per bbl in Dec 2019 to a low of US$18.4 per bbl in April 2020. APAC is the global leader in molybdenum market. In 2019, it accounted for around 42% of the market share. APAC molybdenum market accounted for US$ XX Bn. in 2019 and is expected to grow at a CAGR of nearly 5.12 % over 2020-2026, to account for US$ XX Bn. in 2026. This growth is attributed to rapid development and growing consumption of the material across Asian countries such as China, India, and Korea. The government’s initiatives aiming towards green and efficient capacity which produces specialty steel is expected to boost the APAC molybdenum market growth. However, North America occupied the second largest market share of 21.10% in 2019 followed by markets in Europe, and MEA respectively. The growth in these markets is expected by growing demand for molybdenum from oil and gas and aerospace & defense industry. China is expected to lead the APAC molybdenum market, generating revenue worth US$ XX Bn. by 2026. Globally, China is the largest producer of molybdenum. According to the MMR report, forecasts the China market for molybdenum to grow from 83,186.6 Million lb in 2017 to XX million lb in 2026. Major Chinese producers of molybdenum are Rio Tinto, China Molybdenum Co., Ltd., and Jjinduicheng molybdenum group and among others.

Competitive Landscape:

The competitive landscape section in the molybdenum market offers a deep dive into the profiles of the leading companies operating in the global market landscape. It offers captivating insights on the key developments, differential strategies, and other crucial aspects about the key players having a stronghold in the molybdenum market. Such as, in Nevada, Industrial metals focused General Moly joint venture Company Eureka Moly has reached a settlement with a Kobeh Valley ranching family done protests the company’s water rights in May 2019. The firm had been thoroughly working to get the Mount Hope molybdenum project fully allowable and up and running. Global Molybdenum Market The objective of the report is to present a comprehensive analysis of the Global Molybdenum Market to the stakeholders in the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Global Molybdenum Market dynamics, structure by analyzing the market segments and project the Global Molybdenum Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Molybdenum Market make the report investor’s guide.

Scope of the Global Molybdenum Market: Inquire before buying

Global Molybdenum Market

Global Molybdenum Market, by Region

• Asia Pacific • North America • Europe • South America • Middle East & Africa

Global Molybdenum Market Key Players

• Freeport-McMoRan Inc. • China Molybdenum Co., Ltd. • Compania Minera Dona Ines De Collahuasi S.C.M. • Antofagasta plc • Jinduicheng Molybdenum Co., Ltd. • Grupo México • Compañía Minera Antamina S.A. • Thompson Creek Metals Company Inc. • S.A.B. de C.V. • BHP Billiton Group • American CuMo Mining Corporation. • Moly metal LLP • Anglo American, • Rio Tinto • Moltun • Codelco • Others
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Molybdenum Market Size, by Market Value (US$ Bn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2019 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Molybdenum Market 3.4. Geographical Snapshot of the Molybdenum Market, By Manufacturer share 4. Global Molybdenum Market Overview, 2020-2026 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Molybdenum Market 5. Supply Side and Demand Side Indicators 6. Global Molybdenum Market Analysis and Forecast, 2020-2026 6.1. Global Molybdenum Market Size & Y-o-Y Growth Analysis. 7. Global Molybdenum Market Analysis and Forecasts, 2020-2026 7.1. Market Size (Value) Estimates & Forecast By Product, 2020-2026 7.1.1. Steel 7.1.2. Chemical 7.1.3. Foundry 7.1.4. MO-Metal 7.1.5. Nickel Alloy 7.1.6. Other 7.2. Market Size (Value) Estimates & Forecast By End-User Industry, 2020-2026 7.2.1. Oil and Gas 7.2.2. Chemical and Petrochemical 7.2.3. Automotive 7.2.4. Industrial Usage 7.2.5. Building and Construction 7.2.6. Aerospace and Defense 7.2.7. Others 8. Global Molybdenum Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2020-2026 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Molybdenum Market Analysis and Forecasts, 2020-2026 9.1. Market Size (Value) Estimates & Forecast By Product, 2020-2026 9.1.1. Steel 9.1.2. Chemical 9.1.3. Foundry 9.1.4. MO-Metal 9.1.5. Nickel Alloy 9.1.6. Other 9.2. Market Size (Value) Estimates & Forecast By End-User Industry, 2020-2026 9.2.1. Oil and Gas 9.2.2. Chemical and Petrochemical 9.2.3. Automotive 9.2.4. Industrial Usage 9.2.5. Building and Construction 9.2.6. Aerospace and Defense 9.2.7. Others 10. North America Molybdenum Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2020-2026 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Molybdenum Market Analysis and Forecasts, 2020-2026 11.1. Market Size (Value) Estimates & Forecast By Product, 2020-2026 11.2. Market Size (Value) Estimates & Forecast By End-User Industry, 2020-2026 12. Canada Molybdenum Market Analysis and Forecasts, 2020-2026 12.1. Market Size (Value) Estimates & Forecast By Product, 2020-2026 12.2. Market Size (Value) Estimates & Forecast By End-User Industry, 2020-2026 13. Mexico Molybdenum Market Analysis and Forecasts, 2020-2026 13.1. Market Size (Value) Estimates & Forecast By Product, 2020-2026 13.2. Market Size (Value) Estimates & Forecast By End-User Industry, 2020-2026 14. Europe Molybdenum Market Analysis and Forecasts, 2020-2026 14.1. Market Size (Value) Estimates & Forecast By Product, 2020-2026 14.2. Market Size (Value) Estimates & Forecast By End-User Industry, 2020-2026 15. Europe Molybdenum Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2020-2026 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Molybdenum Market Analysis and Forecasts, 2020-2026 16.1. Market Size (Value) Estimates & Forecast By Product, 2020-2026 16.2. Market Size (Value) Estimates & Forecast By End-User Industry, 2020-2026 17. France Molybdenum Market Analysis and Forecasts, 2020-2026 17.1. Market Size (Value) Estimates & Forecast By Product, 2020-2026 17.2. Market Size (Value) Estimates & Forecast By End-User Industry, 2020-2026 18. Germany Molybdenum Market Analysis and Forecasts, 2020-2026 18.1. Market Size (Value) Estimates & Forecast By Product, 2020-2026 18.2. Market Size (Value) Estimates & Forecast By End-User Industry, 2020-2026 19. Italy Molybdenum Market Analysis and Forecasts, 2020-2026 19.1. Market Size (Value) Estimates & Forecast By Product, 2020-2026 19.2. Market Size (Value) Estimates & Forecast By End-User Industry, 2020-2026 20. Spain Molybdenum Market Analysis and Forecasts, 2020-2026 20.1. Market Size (Value) Estimates & Forecast By Product, 2020-2026 20.2. Market Size (Value) Estimates & Forecast By End-User Industry, 2020-2026 21. Sweden Molybdenum Market Analysis and Forecasts, 2020-2026 21.1. Market Size (Value) Estimates & Forecast By Product, 2020-2026 21.2. Market Size (Value) Estimates & Forecast By End-User Industry, 2020-2026 22. CIS Countries Molybdenum Market Analysis and Forecasts, 2020-2026 22.1. Market Size (Value) Estimates & Forecast By Product, 2020-2026 22.2. Market Size (Value) Estimates & Forecast By End-User Industry, 2020-2026 23. Rest of Europe Molybdenum Market Analysis and Forecasts, 2020-2026 23.1. Market Size (Value) Estimates & Forecast By Product, 2020-2026 23.2. Market Size (Value) Estimates & Forecast By End-User Industry, 2020-2026 24. Asia Pacific Molybdenum Market Analysis and Forecasts, 2020-2026 24.1. Market Size (Value) Estimates & Forecast By Product, 2020-2026 24.2. Market Size (Value) Estimates & Forecast By End-User Industry, 2020-2026 25. Asia Pacific Molybdenum Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2020-2026 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Molybdenum Market Analysis and Forecasts, 2020-2026 26.1. Market Size (Value) Estimates & Forecast By Product, 2020-2026 26.2. Market Size (Value) Estimates & Forecast By End-User Industry, 2020-2026 27. India Molybdenum Market Analysis and Forecasts, 2020-2026 27.1. Market Size (Value) Estimates & Forecast By Product, 2020-2026 27.2. Market Size (Value) Estimates & Forecast By End-User Industry, 2020-2026 28. Japan Molybdenum Market Analysis and Forecasts, 2020-2026 28.1. Market Size (Value) Estimates & Forecast By Product, 2020-2026 28.2. Market Size (Value) Estimates & Forecast By End-User Industry, 2020-2026 29. South Korea Molybdenum Market Analysis and Forecasts, 2020-2026 29.1. Market Size (Value) Estimates & Forecast By Product, 2020-2026 29.2. Market Size (Value) Estimates & Forecast By End-User Industry, 2020-2026 30. Australia Molybdenum Market Analysis and Forecasts, 2020-2026 30.1. Market Size (Value) Estimates & Forecast By Product, 2020-2026 30.2. Market Size (Value) Estimates & Forecast By End-User Industry, 2020-2026 31. ASEAN Molybdenum Market Analysis and Forecasts, 2020-2026 31.1. Market Size (Value) Estimates & Forecast By Product, 2020-2026 31.2. Market Size (Value) Estimates & Forecast By End-User Industry, 2020-2026 32. Rest of Asia Pacific Molybdenum Market Analysis and Forecasts, 2020-2026 32.1. Market Size (Value) Estimates & Forecast By Product, 2020-2026 32.2. Market Size (Value) Estimates & Forecast By End-User Industry, 2020-2026 33. Middle East Africa Molybdenum Market Analysis and Forecasts, 2020-2026 33.1. Market Size (Value) Estimates & Forecast By Product, 2020-2026 33.2. Market Size (Value) Estimates & Forecast By End-User Industry, 2020-2026 34. Middle East Africa Molybdenum Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2020-2026 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Molybdenum Market Analysis and Forecasts, 2020-2026 35.1. Market Size (Value) Estimates & Forecast By Product, 2020-2026 35.2. Market Size (Value) Estimates & Forecast By End-User Industry, 2020-2026 36. GCC Countries Molybdenum Market Analysis and Forecasts, 2020-2026 36.1. Market Size (Value) Estimates & Forecast By Product, 2020-2026 36.2. Market Size (Value) Estimates & Forecast By End-User Industry, 2020-2026 37. Egypt Molybdenum Market Analysis and Forecasts, 2020-2026 37.1. Market Size (Value) Estimates & Forecast By Product, 2020-2026 37.2. Market Size (Value) Estimates & Forecast By End-User Industry, 2020-2026 38. Nigeria Molybdenum Market Analysis and Forecasts, 2020-2026 38.1. Market Size (Value) Estimates & Forecast By Product, 2020-2026 38.2. Market Size (Value) Estimates & Forecast By End-User Industry, 2020-2026 39. Rest of ME&A Molybdenum Market Analysis and Forecasts, 2020-2026 39.1. Market Size (Value) Estimates & Forecast By Product, 2020-2026 39.2. Market Size (Value) Estimates & Forecast By End-User Industry, 2020-2026 40. South America Molybdenum Market Analysis and Forecasts, 2020-2026 40.1. Market Size (Value) Estimates & Forecast By Product, 2020-2026 40.2. Market Size (Value) Estimates & Forecast By End-User Industry, 2020-2026 41. South America Molybdenum Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2020-2026 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Molybdenum Market Analysis and Forecasts, 2020-2026 42.1. Market Size (Value) Estimates & Forecast By Product, 2020-2026 42.2. Market Size (Value) Estimates & Forecast By End-User Industry, 2020-2026 43. Argentina Molybdenum Market Analysis and Forecasts, 2020-2026 43.1. Market Size (Value) Estimates & Forecast By Product, 2020-2026 43.2. Market Size (Value) Estimates & Forecast By End-User Industry, 2020-2026 44. Rest of South America Molybdenum Market Analysis and Forecasts, 2020-2026 44.1. Market Size (Value) Estimates & Forecast By Product, 2020-2026 44.2. Market Size (Value) Estimates & Forecast By End-User Industry, 2020-2026 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Molybdenum Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. Freeport-McMoRan Inc. 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. China Molybdenum Co., Ltd. 45.3.3. Compania Minera Dona Ines De Collahuasi S.C.M. 45.3.4. Antofagasta plc 45.3.5. Jinduicheng Molybdenum Co., Ltd. 45.3.6. Grupo México 45.3.7. Compañía Minera Antamina S.A. 45.3.8. Thompson Creek Metals Company Inc. 45.3.9. S.A.B. de C.V. 45.3.10. BHP Billiton Group 45.3.11. American CuMo Mining Corporation. 45.3.12. Moly metal LLP 45.3.13. Anglo American, 45.3.14. Rio Tinto 45.3.15. Moltun 45.3.16. Codelco 45.3.17. Others 46. Primary Key Insights

About This Report

Report ID104418
Category Material & Chemical
Published DateMay 2021
Updated DateNov 2021
Contact Us