Molybdenum Market Size, Share, Trends, Growth & Forecast 2034

Molybdenum Market

Molybdenum Market By End Product (Steel, Chemical, Foundry, Molybdenum Metal, Nickel Alloys), By Product Form (Molybdenum Concentrates, Roasted Molybdenum [Technical Oxide], Ferromolybdenum, Molybdenum Metal Powder, Molybdenum Chemicals), By End-User Industry (Oil and Gas, Chemical and Petrochemical, Automotive, Industrial, Building and Construction, Aerospace and Defense, and Others), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 - 2034

Category: Chemical & Materials Report Format : PDF Pages: 213 Report Code: ZMR-9768 Published Date: Aug-2025 Status : Published
Market Size in 2024 Market Forecast in 2034 CAGR (in %) Base Year
USD 4.60 Billion USD 6.29 Billion 4% 2024

Molybdenum Market

Table Of Content

  • Chapter 1. Preface
    • 1.1 Report Description and Scope
    • 1.2 Research scope
    • 1.3 Research methodology
      • 1.3.1 Market Research Type
      • 1.3.2 Market research methodology
  • Chapter 2. Executive Summary
    • 2.1 Global Molybdenum Market, (2025 - 2034) (USD Billion)
    • 2.2 Global Molybdenum Market : snapshot
  • Chapter 3. Global Molybdenum Market - Industry Analysis
    • 3.1 Molybdenum Market: Market Dynamics
    • 3.2 Market Drivers
      • 3.2.1 The global molybdenum market driven by industrial & infrastructure upgrades in India and emerging Asia
    • 3.3 Market Restraints
      • 3.3.1. Substitution risk from alternative materials hampers the market progress
    • 3.4 Market Opportunities
      • 3.4.1. Energy storage systems & hydrogen economy present lucrative opportunities for advancing the molybdenum market
    • 3.5 Market Challenges
      • 3.5.1. High processing and energy costs limit the market growth
    • 3.6 Porter’s Five Forces Analysis
    • 3.7 Market Attractiveness Analysis
      • 3.7.1 Market attractiveness analysis By End Product
      • 3.7.2 Market attractiveness analysis By Product Form
      • 3.7.3 Market attractiveness analysis By End-User Industry
  • Chapter 4. Global Molybdenum Market- Competitive Landscape
    • 4.1 Company market share analysis
      • 4.1.1 Global Molybdenum Market: company market share, 2024
    • 4.2 Strategic development
      • 4.2.1 Acquisitions & mergers
      • 4.2.2 New Product launches
      • 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4 Research and development and Regional expansion
    • 4.3 Price trend analysis
  • Chapter 5. Global Molybdenum Market - End Product Analysis
    • 5.1 Global Molybdenum Market overview: By End Product
      • 5.1.1 Global Molybdenum Market share, By End Product, 2024 and 2034
    • 5.2 Steel
      • 5.2.1 Global Molybdenum Market by Steel, 2025 - 2034 (USD Billion)
    • 5.3 Chemical
      • 5.3.1 Global Molybdenum Market by Chemical, 2025 - 2034 (USD Billion)
    • 5.4 Foundry
      • 5.4.1 Global Molybdenum Market by Foundry, 2025 - 2034 (USD Billion)
    • 5.5 Molybdenum Metal
      • 5.5.1 Global Molybdenum Market by Molybdenum Metal, 2025 - 2034 (USD Billion)
    • 5.6 Nickel Alloys
      • 5.6.1 Global Molybdenum Market by Nickel Alloys, 2025 - 2034 (USD Billion)
  • Chapter 6. Global Molybdenum Market - Product Form Analysis
    • 6.1 Global Molybdenum Market overview: By Product Form
      • 6.1.1 Global Molybdenum Market share, By Product Form, 2024 and 2034
    • 6.2 Molybdenum Concentrates
      • 6.2.1 Global Molybdenum Market by Molybdenum Concentrates, 2025 - 2034 (USD Billion)
    • 6.3 Roasted Molybdenum (Technical Oxide)
      • 6.3.1 Global Molybdenum Market by Roasted Molybdenum (Technical Oxide), 2025 - 2034 (USD Billion)
    • 6.4 Ferromolybdenum
      • 6.4.1 Global Molybdenum Market by Ferromolybdenum, 2025 - 2034 (USD Billion)
    • 6.5 Molybdenum Metal Powder
      • 6.5.1 Global Molybdenum Market by Molybdenum Metal Powder, 2025 - 2034 (USD Billion)
    • 6.6 Molybdenum Chemicals
      • 6.6.1 Global Molybdenum Market by Molybdenum Chemicals, 2025 - 2034 (USD Billion)
  • Chapter 7. Global Molybdenum Market - End-User Industry Analysis
    • 7.1 Global Molybdenum Market overview: By End-User Industry
      • 7.1.1 Global Molybdenum Market share, By End-User Industry, 2024 and 2034
    • 7.2 Oil and Gas
      • 7.2.1 Global Molybdenum Market by Oil and Gas, 2025 - 2034 (USD Billion)
    • 7.3 Chemical and Petrochemical
      • 7.3.1 Global Molybdenum Market by Chemical and Petrochemical, 2025 - 2034 (USD Billion)
    • 7.4 Automotive
      • 7.4.1 Global Molybdenum Market by Automotive, 2025 - 2034 (USD Billion)
    • 7.5 Industrial
      • 7.5.1 Global Molybdenum Market by Industrial, 2025 - 2034 (USD Billion)
    • 7.6 Building and Construction
      • 7.6.1 Global Molybdenum Market by Building and Construction, 2025 - 2034 (USD Billion)
    • 7.7 Aerospace and Defense
      • 7.7.1 Global Molybdenum Market by Aerospace and Defense, 2025 - 2034 (USD Billion)
    • 7.8 Others
      • 7.8.1 Global Molybdenum Market by Others, 2025 - 2034 (USD Billion)
  • Chapter 8. Molybdenum Market - Regional Analysis
    • 8.1 Global Molybdenum Market Regional Overview
    • 8.2 Global Molybdenum Market Share, by Region, 2024 & 2034 (USD Billion)
    • 8.3. North America
      • 8.3.1 North America Molybdenum Market, 2025 - 2034 (USD Billion)
        • 8.3.1.1 North America Molybdenum Market, by Country, 2025 - 2034 (USD Billion)
    • 8.4 North America Molybdenum Market, by End Product, 2025 - 2034
      • 8.4.1 North America Molybdenum Market, by End Product, 2025 - 2034 (USD Billion)
    • 8.5 North America Molybdenum Market, by Product Form, 2025 - 2034
      • 8.5.1 North America Molybdenum Market, by Product Form, 2025 - 2034 (USD Billion)
    • 8.6 North America Molybdenum Market, by End-User Industry, 2025 - 2034
      • 8.6.1 North America Molybdenum Market, by End-User Industry, 2025 - 2034 (USD Billion)
    • 8.4. Europe
      • 8.4.2 Europe Molybdenum Market, 2025 - 2034 (USD Billion)
        • 8.4.2.1 Europe Molybdenum Market, by Country, 2025 - 2034 (USD Billion)
    • 8.4 Europe Molybdenum Market, by End Product, 2025 - 2034
      • 8.4.1 Europe Molybdenum Market, by End Product, 2025 - 2034 (USD Billion)
    • 8.5 Europe Molybdenum Market, by Product Form, 2025 - 2034
      • 8.5.1 Europe Molybdenum Market, by Product Form, 2025 - 2034 (USD Billion)
    • 8.6 Europe Molybdenum Market, by End-User Industry, 2025 - 2034
      • 8.6.1 Europe Molybdenum Market, by End-User Industry, 2025 - 2034 (USD Billion)
    • 8.5. Asia Pacific
      • 8.5.3 Asia Pacific Molybdenum Market, 2025 - 2034 (USD Billion)
        • 8.5.3.1 Asia Pacific Molybdenum Market, by Country, 2025 - 2034 (USD Billion)
    • 8.4 Asia Pacific Molybdenum Market, by End Product, 2025 - 2034
      • 8.4.1 Asia Pacific Molybdenum Market, by End Product, 2025 - 2034 (USD Billion)
    • 8.5 Asia Pacific Molybdenum Market, by Product Form, 2025 - 2034
      • 8.5.1 Asia Pacific Molybdenum Market, by Product Form, 2025 - 2034 (USD Billion)
    • 8.6 Asia Pacific Molybdenum Market, by End-User Industry, 2025 - 2034
      • 8.6.1 Asia Pacific Molybdenum Market, by End-User Industry, 2025 - 2034 (USD Billion)
    • 8.6. Latin America
      • 8.6.4 Latin America Molybdenum Market, 2025 - 2034 (USD Billion)
        • 8.6.4.1 Latin America Molybdenum Market, by Country, 2025 - 2034 (USD Billion)
    • 8.4 Latin America Molybdenum Market, by End Product, 2025 - 2034
      • 8.4.1 Latin America Molybdenum Market, by End Product, 2025 - 2034 (USD Billion)
    • 8.5 Latin America Molybdenum Market, by Product Form, 2025 - 2034
      • 8.5.1 Latin America Molybdenum Market, by Product Form, 2025 - 2034 (USD Billion)
    • 8.6 Latin America Molybdenum Market, by End-User Industry, 2025 - 2034
      • 8.6.1 Latin America Molybdenum Market, by End-User Industry, 2025 - 2034 (USD Billion)
    • 8.7. The Middle-East and Africa
      • 8.7.5 The Middle-East and Africa Molybdenum Market, 2025 - 2034 (USD Billion)
        • 8.7.5.1 The Middle-East and Africa Molybdenum Market, by Country, 2025 - 2034 (USD Billion)
    • 8.4 The Middle-East and Africa Molybdenum Market, by End Product, 2025 - 2034
      • 8.4.1 The Middle-East and Africa Molybdenum Market, by End Product, 2025 - 2034 (USD Billion)
    • 8.5 The Middle-East and Africa Molybdenum Market, by Product Form, 2025 - 2034
      • 8.5.1 The Middle-East and Africa Molybdenum Market, by Product Form, 2025 - 2034 (USD Billion)
    • 8.6 The Middle-East and Africa Molybdenum Market, by End-User Industry, 2025 - 2034
      • 8.6.1 The Middle-East and Africa Molybdenum Market, by End-User Industry, 2025 - 2034 (USD Billion)
  • Chapter 9. Company Profiles
    • 9.1 Freeport-McMoRan Inc.
      • 9.1.1 Overview
      • 9.1.2 Financials
      • 9.1.3 Product Portfolio
      • 9.1.4 Business Strategy
      • 9.1.5 Recent Developments
    • 9.2 Codelco
      • 9.2.1 Overview
      • 9.2.2 Financials
      • 9.2.3 Product Portfolio
      • 9.2.4 Business Strategy
      • 9.2.5 Recent Developments
    • 9.3 China Molybdenum Co. Ltd. (CMOC)
      • 9.3.1 Overview
      • 9.3.2 Financials
      • 9.3.3 Product Portfolio
      • 9.3.4 Business Strategy
      • 9.3.5 Recent Developments
    • 9.4 Anglo American plc
      • 9.4.1 Overview
      • 9.4.2 Financials
      • 9.4.3 Product Portfolio
      • 9.4.4 Business Strategy
      • 9.4.5 Recent Developments
    • 9.5 Jinduicheng Molybdenum Group Co. Ltd.
      • 9.5.1 Overview
      • 9.5.2 Financials
      • 9.5.3 Product Portfolio
      • 9.5.4 Business Strategy
      • 9.5.5 Recent Developments
    • 9.6 Grupo México
      • 9.6.1 Overview
      • 9.6.2 Financials
      • 9.6.3 Product Portfolio
      • 9.6.4 Business Strategy
      • 9.6.5 Recent Developments
    • 9.7 Thompson Creek Metals Company
      • 9.7.1 Overview
      • 9.7.2 Financials
      • 9.7.3 Product Portfolio
      • 9.7.4 Business Strategy
      • 9.7.5 Recent Developments
    • 9.8 KGHM Polska Miedź S.A.
      • 9.8.1 Overview
      • 9.8.2 Financials
      • 9.8.3 Product Portfolio
      • 9.8.4 Business Strategy
      • 9.8.5 Recent Developments
    • 9.9 Southern Copper Corporation
      • 9.9.1 Overview
      • 9.9.2 Financials
      • 9.9.3 Product Portfolio
      • 9.9.4 Business Strategy
      • 9.9.5 Recent Developments
    • 9.10 Centerra Gold Inc.
      • 9.10.1 Overview
      • 9.10.2 Financials
      • 9.10.3 Product Portfolio
      • 9.10.4 Business Strategy
      • 9.10.5 Recent Developments
    • 9.11 Turquoise Hill Resources Ltd.
      • 9.11.1 Overview
      • 9.11.2 Financials
      • 9.11.3 Product Portfolio
      • 9.11.4 Business Strategy
      • 9.11.5 Recent Developments
    • 9.12 Lundin Mining Corporation
      • 9.12.1 Overview
      • 9.12.2 Financials
      • 9.12.3 Product Portfolio
      • 9.12.4 Business Strategy
      • 9.12.5 Recent Developments
    • 9.13 Teck Resources Limited
      • 9.13.1 Overview
      • 9.13.2 Financials
      • 9.13.3 Product Portfolio
      • 9.13.4 Business Strategy
      • 9.13.5 Recent Developments
    • 9.14 Zijin Mining Group Co. Ltd.
      • 9.14.1 Overview
      • 9.14.2 Financials
      • 9.14.3 Product Portfolio
      • 9.14.4 Business Strategy
      • 9.14.5 Recent Developments
    • 9.15 BHP Group Limited
      • 9.15.1 Overview
      • 9.15.2 Financials
      • 9.15.3 Product Portfolio
      • 9.15.4 Business Strategy
      • 9.15.5 Recent Developments
    • 9.16 and others.
      • 9.16.1 Overview
      • 9.16.2 Financials
      • 9.16.3 Product Portfolio
      • 9.16.4 Business Strategy
      • 9.16.5 Recent Developments

Table Of Figures

  • 1. Market research Type
  • 2. Market research methodology
  • 3. Global Molybdenum Market, 2025 - 2034 (USD Billion)
  • 4. Porter’s Five Forces Analysis
  • 5. Global Molybdenum Market attractiveness, By End Product
  • 6. Global Molybdenum Market attractiveness, By Product Form
  • 7. Global Molybdenum Market attractiveness, By End-User Industry
  • 8. Global Molybdenum Market share by End Product, 2025 and 2034 (USD Billion)
  • 9. Global Molybdenum Market by Steel, 2025 - 2034 (USD Billion)
  • 10. Global Molybdenum Market by Chemical, 2025 - 2034 (USD Billion)
  • 11. Global Molybdenum Market by Foundry, 2025 - 2034 (USD Billion)
  • 12. Global Molybdenum Market by Molybdenum Metal, 2025 - 2034 (USD Billion)
  • 13. Global Molybdenum Market by Nickel Alloys, 2025 - 2034 (USD Billion)
  • 14. Global Molybdenum Market share by Product Form, 2025 and 2034 (USD Billion)
  • 15. Global Molybdenum Market by Molybdenum Concentrates, 2025 - 2034 (USD Billion)
  • 16. Global Molybdenum Market by Roasted Molybdenum (Technical Oxide), 2025 - 2034 (USD Billion)
  • 17. Global Molybdenum Market by Ferromolybdenum, 2025 - 2034 (USD Billion)
  • 18. Global Molybdenum Market by Molybdenum Metal Powder, 2025 - 2034 (USD Billion)
  • 19. Global Molybdenum Market by Molybdenum Chemicals, 2025 - 2034 (USD Billion)
  • 20. Global Molybdenum Market share by End-User Industry, 2025 and 2034 (USD Billion)
  • 21. Global Molybdenum Market by Oil and Gas, 2025 - 2034 (USD Billion)
  • 22. Global Molybdenum Market by Chemical and Petrochemical, 2025 - 2034 (USD Billion)
  • 23. Global Molybdenum Market by Automotive, 2025 - 2034 (USD Billion)
  • 24. Global Molybdenum Market by Industrial, 2025 - 2034 (USD Billion)
  • 25. Global Molybdenum Market by Building and Construction, 2025 - 2034 (USD Billion)
  • 26. Global Molybdenum Market by Aerospace and Defense, 2025 - 2034 (USD Billion)
  • 27. Global Molybdenum Market by Others, 2025 - 2034 (USD Billion)
  • 28. Global Molybdenum Market share, by Region, 2025 and 2034
  • 29. North America Molybdenum Market, 2025 - 2034 (USD Billion)
  • 30. Europe Molybdenum Market, 2025 - 2034 (USD Billion)
  • 31. Asia Pacific Molybdenum Market, 2025 - 2034 (USD Billion)
  • 32. Latin America Molybdenum Market, 2025 - 2034 (USD Billion)
  • 33. The Middle-East and Africa Molybdenum Market, 2025 - 2034 (USD Billion)

Table Of Tables

  • 1. Global Molybdenum Market: Snapshot
  • 2. Drivers of the Molybdenum Market: impact analysis
  • 3. North America Molybdenum Market revenue, By End Product, 2025 - 2034 (USD Billion)
  • 4. North America Molybdenum Market revenue, By Product Form, 2025 - 2034 (USD Billion)
  • 5. North America Molybdenum Market revenue, By End-User Industry, 2025 - 2034 (USD Billion)
  • 6. U.S. Molybdenum Market revenue, By End Product, 2025 - 2034 (USD Billion)
  • 7. U.S. Molybdenum Market revenue, By Product Form, 2025 - 2034 (USD Billion)
  • 8. U.S. Molybdenum Market revenue, By End-User Industry, 2025 - 2034 (USD Billion)
  • 9. Canada Molybdenum Market revenue, By End Product, 2025 - 2034 (USD Billion)
  • 10. Canada Molybdenum Market revenue, By Product Form, 2025 - 2034 (USD Billion)
  • 11. Canada Molybdenum Market revenue, By End-User Industry, 2025 - 2034 (USD Billion)
  • 12. Europe Molybdenum Market revenue, By End Product, 2025 - 2034 (USD Billion)
  • 13. Europe Molybdenum Market revenue, By Product Form, 2025 - 2034 (USD Billion)
  • 14. Europe Molybdenum Market revenue, By End-User Industry, 2025 - 2034 (USD Billion)
  • 15. Germany Molybdenum Market revenue, By End Product, 2025 - 2034 (USD Billion)
  • 16. Germany Molybdenum Market revenue, By Product Form, 2025 - 2034 (USD Billion)
  • 17. Germany Molybdenum Market revenue, By End-User Industry, 2025 - 2034 (USD Billion)
  • 18. France Molybdenum Market revenue, By End Product, 2025 - 2034 (USD Billion)
  • 19. France Molybdenum Market revenue, By Product Form, 2025 - 2034 (USD Billion)
  • 20. France Molybdenum Market revenue, By End-User Industry, 2025 - 2034 (USD Billion)
  • 21. U.K. Molybdenum Market revenue, By End Product, 2025 - 2034 (USD Billion)
  • 22. U.K. Molybdenum Market revenue, By Product Form, 2025 - 2034 (USD Billion)
  • 23. U.K. Molybdenum Market revenue, By End-User Industry, 2025 - 2034 (USD Billion)
  • 24. Italy Molybdenum Market revenue, By End Product, 2025 - 2034 (USD Billion)
  • 25. Italy Molybdenum Market revenue, By Product Form, 2025 - 2034 (USD Billion)
  • 26. Italy Molybdenum Market revenue, By End-User Industry, 2025 - 2034 (USD Billion)
  • 27. Spain Molybdenum Market revenue, By End Product, 2025 - 2034 (USD Billion)
  • 28. Spain Molybdenum Market revenue, By Product Form, 2025 - 2034 (USD Billion)
  • 29. Spain Molybdenum Market revenue, By End-User Industry, 2025 - 2034 (USD Billion)
  • 30. Rest of Europe Molybdenum Market revenue, By End Product, 2025 - 2034 (USD Billion)
  • 31. Rest of Europe Molybdenum Market revenue, By Product Form, 2025 - 2034 (USD Billion)
  • 32. Rest of Europe Molybdenum Market revenue, By End-User Industry, 2025 - 2034 (USD Billion)
  • 33. Asia Pacific Molybdenum Market revenue, By End Product, 2025 - 2034 (USD Billion)
  • 34. Asia Pacific Molybdenum Market revenue, By Product Form, 2025 - 2034 (USD Billion)
  • 35. Asia Pacific Molybdenum Market revenue, By End-User Industry, 2025 - 2034 (USD Billion)
  • 36. China Molybdenum Market revenue, By End Product, 2025 - 2034 (USD Billion)
  • 37. China Molybdenum Market revenue, By Product Form, 2025 - 2034 (USD Billion)
  • 38. China Molybdenum Market revenue, By End-User Industry, 2025 - 2034 (USD Billion)
  • 39. Japan Molybdenum Market revenue, By End Product, 2025 - 2034 (USD Billion)
  • 40. Japan Molybdenum Market revenue, By Product Form, 2025 - 2034 (USD Billion)
  • 41. Japan Molybdenum Market revenue, By End-User Industry, 2025 - 2034 (USD Billion)
  • 42. India Molybdenum Market revenue, By End Product, 2025 - 2034 (USD Billion)
  • 43. India Molybdenum Market revenue, By Product Form, 2025 - 2034 (USD Billion)
  • 44. India Molybdenum Market revenue, By End-User Industry, 2025 - 2034 (USD Billion)
  • 45. South Korea Molybdenum Market revenue, By End Product, 2025 - 2034 (USD Billion)
  • 46. South Korea Molybdenum Market revenue, By Product Form, 2025 - 2034 (USD Billion)
  • 47. South Korea Molybdenum Market revenue, By End-User Industry, 2025 - 2034 (USD Billion)
  • 48. South-East Asia Molybdenum Market revenue, By End Product, 2025 - 2034 (USD Billion)
  • 49. South-East Asia Molybdenum Market revenue, By Product Form, 2025 - 2034 (USD Billion)
  • 50. South-East Asia Molybdenum Market revenue, By End-User Industry, 2025 - 2034 (USD Billion)
  • 51. Rest of Asia Pacific Molybdenum Market revenue, By End Product, 2025 - 2034 (USD Billion)
  • 52. Rest of Asia Pacific Molybdenum Market revenue, By Product Form, 2025 - 2034 (USD Billion)
  • 53. Rest of Asia Pacific Molybdenum Market revenue, By End-User Industry, 2025 - 2034 (USD Billion)
  • 54. Latin America Molybdenum Market revenue, By End Product, 2025 - 2034 (USD Billion)
  • 55. Latin America Molybdenum Market revenue, By Product Form, 2025 - 2034 (USD Billion)
  • 56. Latin America Molybdenum Market revenue, By End-User Industry, 2025 - 2034 (USD Billion)
  • 57. Brazil Molybdenum Market revenue, By End Product, 2025 - 2034 (USD Billion)
  • 58. Brazil Molybdenum Market revenue, By Product Form, 2025 - 2034 (USD Billion)
  • 59. Brazil Molybdenum Market revenue, By End-User Industry, 2025 - 2034 (USD Billion)
  • 60. Mexico Molybdenum Market revenue, By End Product, 2025 - 2034 (USD Billion)
  • 61. Mexico Molybdenum Market revenue, By Product Form, 2025 - 2034 (USD Billion)
  • 62. Mexico Molybdenum Market revenue, By End-User Industry, 2025 - 2034 (USD Billion)
  • 63. Rest of Latin America Molybdenum Market revenue, By End Product, 2025 - 2034 (USD Billion)
  • 64. Rest of Latin America Molybdenum Market revenue, By Product Form, 2025 - 2034 (USD Billion)
  • 65. Rest of Latin America Molybdenum Market revenue, By End-User Industry, 2025 - 2034 (USD Billion)
  • 66. The Middle-East and Africa Molybdenum Market revenue, By End Product, 2025 - 2034 (USD Billion)
  • 67. The Middle-East and Africa Molybdenum Market revenue, By Product Form, 2025 - 2034 (USD Billion)
  • 68. The Middle-East and Africa Molybdenum Market revenue, By End-User Industry, 2025 - 2034 (USD Billion)
  • 69. GCC Countries Molybdenum Market revenue, By End Product, 2025 - 2034 (USD Billion)
  • 70. GCC Countries Molybdenum Market revenue, By Product Form, 2025 - 2034 (USD Billion)
  • 71. GCC Countries Molybdenum Market revenue, By End-User Industry, 2025 - 2034 (USD Billion)
  • 72. South Africa Molybdenum Market revenue, By End Product, 2025 - 2034 (USD Billion)
  • 73. South Africa Molybdenum Market revenue, By Product Form, 2025 - 2034 (USD Billion)
  • 74. South Africa Molybdenum Market revenue, By End-User Industry, 2025 - 2034 (USD Billion)
  • 75. Rest of Middle-East Africa Molybdenum Market revenue, By End Product, 2025 - 2034 (USD Billion)
  • 76. Rest of Middle-East Africa Molybdenum Market revenue, By Product Form, 2025 - 2034 (USD Billion)
  • 77. Rest of Middle-East Africa Molybdenum Market revenue, By End-User Industry, 2025 - 2034 (USD Billion)

Methodology

FrequentlyAsked Questions

Molybdenum is a silvery-white transition metal, prominent for its resistance to corrosion, strength, and high melting point. It is mainly used as an alloying agent in superalloys and steel, where it remarkably improves toughness, hardness, and heat resistance, increasing its suitability in industries like aerospace, automotive, construction, and energy.

The global molybdenum market is projected to grow due to increasing use in petrochemical and chemical applications, growing use in automotive manufacturing, and surging production capacity and global mining activities.

According to study, the global molybdenum market size was worth around USD 4.60 billion in 2024 and is predicted to grow to around USD 6.29 billion by 2034.

The CAGR value of the molybdenum market is expected to be around 4% during 2025-2034.

Asia Pacific is expected to lead the global molybdenum market during the forecast period.

Emerging trends in the molybdenum market include its use in hydrogen infrastructure, rising use in renewable energy, advanced catalysts, and aerospace superalloys supported by the rising demand for high-performance materials. Innovations focus on low-carbon mining, recycling technologies, and alloy development to improve sustainability and reduce costs.

Molybdenum chemicals and catalysts are expected to offer significant growth opportunities, driven by rising demand in petrochemicals, refining, and environmental applications. Additionally, ferromolybdenum will experience steady growth as alloy and stainless steel production expands worldwide.

The molybdenum value chain includes concentration, mining, refining/conversion, roasting, and alloy fabrication, before reaching end-use industries. Final applications span aerospace, stainless steel, catalysts, electronics, and energy.

The key players profiled in the global molybdenum market include Freeport-McMoRan Inc., Codelco, China Molybdenum Co., Ltd. (CMOC), Anglo American plc, Jinduicheng Molybdenum Group Co., Ltd., Grupo México, Thompson Creek Metals Company, KGHM Polska Miedź S.A., Southern Copper Corporation, Centerra Gold Inc., Turquoise Hill Resources Ltd., Lundin Mining Corporation, Teck Resources Limited, Zijin Mining Group Co., Ltd., and BHP Group Limited.

The report examines key aspects of the molybdenum market, including a detailed analysis of existing growth factors and restraints, as well as an examination of future growth opportunities and challenges that will impact the market.

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