Molybdenum

Molybdenum
Global Molybdenum Market to Reach 386.8 Thousand Metric Tons by 2030
The global market for Molybdenum estimated at 288.8 Thousand Metric Tons in the year 2022, is projected to reach a revised size of 386.8 Thousand Metric Tons by 2030, growing at a CAGR of 3.7% over the period 2022-2030. Steel, one of the segments analyzed in the report, is projected to record 4.1% CAGR and reach 264.4 Thousand Metric Tons by the end of the analysis period. Growth in the Chemicals segment is estimated at 3% CAGR for the next 8-year period.

The U.S. Market is Estimated at 27.3 Thousand Metric Tons, While China is Forecast to Grow at 4.8% CAGR
The Molybdenum market in the U.S. is estimated at 27.3 Thousand Metric Tons in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of 176.5 Thousand Metric Tons by the year 2030 trailing a CAGR of 4.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.2% and 2.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.6% CAGR.Select Competitors (Total 115 Featured) - ABSCO Ltd. Anglo American Plc Antofagasta PLC Centerra Gold Inc. China Molybdenum Co., Ltd. China Rare Metal Material Co. Ltd. Climax Molybdenum Company, a subsidiary of Freeport-McMoRan Inc. Codelco (Chile) Compañía Minera Antamina S.A. Grupo Mexico, S.A.B de C.V. Jinduicheng Molybdenum Co., Ltd. Moltun International Moly metal LLP Multi Metal Development Limited Rio Tinto Ltd.Please note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

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