Molybdenum Market Definition
Molybdenum is a chemical element with the symbol Mo and atomic number 42. It is a silver-gray, refractory metal that belongs to Group 6 of the periodic table. Molybdenum is primarily known for its strength and durability, especially at high temperatures. It is a valuable component in various alloys, particularly in steel production, where it enhances hardness and strength.
The main product types of molybdenum are steel, chemicals, foundries, Mo-metals, nickel alloy, and others. Steel is an alloy primarily composed of iron and carbon, known for its strength, durability, and versatility. It is widely used in construction, manufacturing, and various industrial applications due to its ability to be molded and treated for specific purposes. It is applied in full alloy, stainless steel, cast iron, and catalysis. The end-user industries include oil and gas, chemicals and petrochemicals, automotive, mechanical engineering, building and construction, power generation, aerospace and defense, electronics and medical, process industry, and others.
Molybdenum Market Segmentation
The molybdenum market covered in this report is segmented –
1) By Product Type: Steel, Chemicals, Foundries, Mo-Metals, Nickel Alloy, Other Product Types
2) By Application: Full Alloy, Stainless-Steel, Cast Iron, Catalysis
3) By End-User Industry: Oil And Gas, Chemicals And Petrochemicals, Automotive, Mechanical Engineering, Industrial Usage, Power Generation, Aerospace And Defense, Electronics And Medical, Process Industry, Other End User Industries