Executive Summary Molybdenum Market Size, Share, and Competitive Landscape The global molybdenum market size was valued at USD 5.04 billion in 2024 and is expected to reach USD 6.14 billion by 2032, at a CAGR of 2.50% during the forecast period To attain knowhow of market landscape, brand awareness, latest trends, possible future issues, industry trends and...

Market Overview The South Africa molybdenum market size reached USD 41.08 Tons in the base year of 2024, and it is forecasted to grow to USD 59.25 Tons by 2033. This reflects a market growth rate of 3.73% during the forecast period from 2025 to 2033. Growth is primarily driven by an increasing demand for molybdenum-99, a critical isotope used in medical diagnostic imaging. Technological...

What Is the Molybdenum Market?The Molybdenum Market refers to the global industry involved in the mining, processing, refining, and application of molybdenum, a refractory metal known for its high melting point, strength, corrosion resistance, and ability to enhance the mechanical properties of alloys. Molybdenum is primarily used as an alloying element in steel and superalloys to...