Global Molybdenum Oxide Market is Projected to Reach 5.53 billion USD by 2024

Author: QYResearch  |   Published Date: 2018-05-31   |   Views: 194

The industry is dispersion. The key manufacturers include Molibdenos y Metales S.A, Freeport-McMoRan (FCX), Codelco, Centerra Gold, Grupo Mexico, Rio Tinto Kennecott and so on. Among them, Molibdenos y Metales S.A, Freeport-McMoRan (FCX) are the leaders.

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. The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market.

In terms of volume, the global Molybdenum Oxide Production was 232,000 tons in 2017, and it is predicted to reach 313,000 tons in 2024, at a CAGR of more than 4.37%. In 2017, the global Molybdenum Oxide market is led by China, capturing about 43.31% of global Molybdenum Oxide production. South America is the second-largest region-wise market with 32.14% of production share. In South America, Chile and Peru are the main production regions.

The Global Molybdenum Oxide Market Research Report 2017 report released by QYResearch provides a basic overview of the Molybdenum Oxide industry, including definition, classification, application and industrial chain structure. Discuss development policies and plans as well as manufacturing processes and cost structures.

The report then focuses on major industry players in Global, including company profiles, product images and specifications, sales, market share, and contact information. More importantly, the Molybdenum Oxide industry development trends and marketing channels were analyzed. Providing the main statistical data on the current status of the industry is a valuable guide and direction for companies and individuals interested in the market.

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