TOP CATEGORY: Chemicals & Materials | Life Sciences | Banking & Finance | ICT Media
Download Report PDF Instantly
Report overview
The global Molybdenum Oxide (CAS 1313-27-5) market was valued at 358.23 Million USD in 2021 and will grow with a CAGR of 2.96% from 2021 to 2027, based on Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
This report studies the Molybdenum Oxide market, Molybdenum trioxide (CAS 1313-27-5) is gray black powder. It is a chemicals compound derived from molybdenum, and used primarily in the steel industry for corrosion resistance, strengthening and heat resistance, molybdenum chemical industry.At present, the major manufacturers of Molybdenum Oxide are Molibdenos y Metales S.A, Freeport-McMoRan (FCX), Codelco, Jinduicheng Molybdenum Group, China Molybdenum,etc. Molibdenos y Metales S.A is the world leader, holding 21.91% production market share in 2017. In application, Molybdenum Oxide downstream is wide and recently Molybdenum Oxide has acquired increasing significance in various fields of Metallurgy Industry, Alloy Metals Industry, Chemical Industry and others. Globally, the Molybdenum Oxide market is mainly driven by growing demand for Metallurgy Industry which accounts for nearly 68.59% of total downstream consumption of Molybdenum Oxide. In the future, global market is expected to witness significant growth on account of rising applications, so in the next few years, Molybdenum Oxide production will show a trend of steady growth. In 2024 the production of Molybdenum Oxide is estimated to be 313 K MT. On product prices, the slow downward trend in recent years will maintain in the future.
By Market Verdors:
By Types:
By Applications:
Key Indicators Analysed
Key Reasons to Purchase