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

New York, December 17, 2020 (GLOBE NEWSWIRE) – announces publication of “Global Molybdenum Market 2020-2024” report –
Our molybdenum market report provides a complete analysis, market size and forecast, trends, growth drivers, and challenges, as well as a vendor analysis covering approximately 25 vendors.
The report offers an up-to-date analysis of the current global market situation, the 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 sector. In addition, high demand from APAC is expected to drive market growth as well.
The molybdenum market analysis includes product segment, application segment and geographical topography.

Molybdenum market is segmented as below:
As a result
• Steel
• Chemical
• Furnace
• Molybdenum metal
• Nickel Alloy

By Request
• Oil and gas
• Automotive
• Heavy machinery
• Energy
• Other

By Geographical Landscapes
• Europe
• North America
• South America

This study identifies the demand from automotive and construction industries as one of the key drivers of molybdenum market growth in the next few years.

The analyst provides a detailed picture of the market with the method of analysis, synthesis, and data collection from multiple sources with analysis of key parameters. Our molybdenum market report covers the following areas:
• Increased molybdenum market
• Molybdenum market forecast
• Molybdenum market industry analysis

Read the full report:

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