Molybdenum Market Trends and Report

The global molybdenum market size was valued at 5,868.7 Tons in 2024. Looking forward, IMARC Group estimates the market to reach 7,170.2 Tons by 2033, exhibiting a CAGR of 2.25% from 2025-2033. Asia Pacific currently dominates the molybdenum market share by holding over 61.4% in 2024. The market in the region is driven by the growing demand from the steel and alloy industries, increased adoption in electronics and energy sectors, ongoing technological advancements in production processes, and infrastructure development in emerging economies.

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