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The Global Molybdenum Market is expected to grow by 41.68 th MT during 2020-2024 progressing at a CAGR of 3% during the forecast period

ReportLinker
·2-min read

Global Molybdenum Market 2020-2024 The analyst has been monitoring the molybdenum market and it is poised to grow by 41. 68 th MT during 2020-2024 progressing at a CAGR of 3% during the forecast period.

New York, Dec. 17, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Molybdenum Market 2020-2024" - https://www.reportlinker.com/p05219349/?utm_source=GNW
Our report on molybdenum market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the high demand from APAC and growing demand for molybdenum in the oil and gas segment. In addition, high demand from APAC is anticipated to boost the growth of the market as well.
The molybdenum market analysis includes product segment, application segment and geographical landscapes.

The molybdenum market is segmented as below:
By Product
• Steel
• Chemical
• Foundry
• Molybdenum metal
• Nickel alloy

By Application
• Oil and gas
• Automotive
• Heavy machinery
• Energy
• Others

By Geographical Landscapes
• APAC
• Europe
• North America
• MEA
• South America

This study identifies the demand from automotive and construction industries as one of the prime reasons driving the molybdenum market growth during the next few years.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on molybdenum market covers the following areas:
• Molybdenum market sizing
• Molybdenum market forecast
• Molybdenum market industry analysis


Read the full report: https://www.reportlinker.com/p05219349/?utm_source=GNW

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