QYR: The production of Molybdenum Powder is expected to be 836.81 Million USD in 2022

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QYResearch 

QYR: The production of Molybdenum 

Powder is expected to be 836.81 Million 

USD in 2022 

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Molybdenum (Mo) is a silvery-white shiny metal, hard but at the same time 

softer and more flexible than tungsten. It has an excellent resistance to 

corrosion, good wear and resistance to abrasion, and superior thermal and 

electrical properties. It is an essential element when it comes to alloys, as 

it enhances hardenability and persistence of tempered and destroyed steels. 

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According to QYResearch, In the last six years, the development of global Molybdenum 

Powder industry market is stable at an average growth rate of 4.98% (Revenue). In 2016, the 

global Molybdenum Powder Industry market was more than 641.23 Million USD, the production 

of Molybdenum Powder was about 18018.1 MT, while it is expected to be 836.81 Million USD in 

2022. 

Molybdenum Powder product demand market has a certain space, but basically showing the 

scarcity of high-end products, low-end products, excess capacity, there is a large market 

demand for high-end products to seize market share, local enterprises export more low-end 

products over capacity or molding process basic Materials. 

In 2016, Europe is the largest supplier with Production market share of 35.69% in 2016, and 

Europe is the consumption market of Molybdenum Powder with Consumption market share of 

34.75% due to the great demand. 

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In recent years, the price of Molybdenum 

Powder is increasing slowly due to the limited 

resources. 

As large demand of high-end products at home 

and abroad, many companies began to enter the 

field of high-end. Currently, the Chinese 

Molybdenum Powder industry begins to transit 

to high-end Molybdenum Powder products, as 

well as extends in the resource-rich land and 

downstream industry chain. All manufactures in 

the world are committed to the improvement of 

product. These two years, some Chinese 

manufactures can almost catch up with the 

world's leading technology too. 

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Despite the presence of competition problems, 

due to the clear global recovery trend, 

investors are still optimistic about this area; 

there will be more investments to enter the 

field. 

QYR tend to believe this industry now is close 

to mature, and the consumption increasing 

degree will show a smooth curve. On product 

prices, the slow downward trend in recent years 

will maintain in the future, as competition 

intensifies, prices gap between different 

brands will go narrowing. Similarly, there will be 

fluctuation in gross margin. 

More Info: http://www.qyresearchglobal.com/goods-1222195.html 

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QYR: The production of Molybdenum Powder is expected to be 836.81 Million USD in 2022

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