Los Angeles, CA -- (SBWIRE) -- 04/20/2019 -- 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.
The global Molybdenum Oxide (CAS 1313-27-5) market was 3380 million US$ in 2018 and is expected to 4330 million US$ by the end of 2025, growing at a CAGR of 3.1% between 2019 and 2025.
This report studies the Molybdenum Oxide (CAS 1313-27-5) market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Molybdenum Oxide (CAS 1313-27-5) in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Molibdenos y Metales S.A
Rio Tinto Kennecott
Jinduicheng Molybdenum Group
Jinzhou New China Dragon Moly
Linghai Hengtai Molybdenum
By the product type, the market is primarily split into
Technical Molybdenum Oxide
High Pure Molybdenum Oxide
By the end users/application, this report covers the following segments
Alloy Metals Industry
Key Regions split in this report:
Central & South America
Middle East & Africa
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