Molybdenum traded flat at 455.50 CNY/Kg on November 28, 2025. Over the past month, Molybdenum's price has fallen 8.99%, and is down 4.11% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Molybdenum - values, historical data, forecasts and news - updated on December of 2025.

View monthly updates and historical trends for Molybdenum Spot Price. Source: International Monetary Fund. Track economic data with YCharts analytics.

Explore the factors influencing the price of molybdenum, a vital industrial metal used in steel, alloys, and more, and understand how supply-demand dynamics, geopolitical influences, environmental regulations, and speculative market activities impact its market volatility.

Chile Average Price: Molybdenum data was reported at 12.163 USD/lb in Dec 2018. This records an increase from the previous number of 12.002 USD/lb for Nov 2018. Chile Average Price: Molybdenum data is updated monthly, averaging 4.655 USD/lb from Jan 1979 (Median) to Dec 2018, with 480 observations. The data reached an all-time high of 36.625 USD/lb in May 2005 and a record low of 1.880 USD/lb in Dec 1992. Chile Average Price: Molybdenum data remains active status in CEIC and is reported by Chilean Copper Commission. The data is categorized under Global Database’s Chile – Table CL.P001: Metal Prices.

In 2023, the Metals Week price of molybdenum amounted to ***** U.S. dollars per pound. That was a considerable increase in comparison to the average molybdenum price in 2016, which amounted to six U.S. dollars per pound.

Monthly and long-term molybdenum price data (US$/mt): historical series and analyst forecasts curated by FocusEconomics.

The Molybdenum Market Report is Segmented by End Product (Steel, Chemical, Foundry, and More), Product Form (Molybdenum Concentrates, Roasted Molybdenum, Ferromolybdenum, and More), End-Use Industry (Oil & Gas, Chemical & Petrochemical, Automotive, Industrial, Building & Construction, and More), and Geography (Asia-Pacific, North America, Europe, Rest of the World). The Market Forecasts are Provided in Terms of Volume (Tons).

Explore the factors influencing molybdenum prices, from economic and industrial demand to geopolitical shifts. Discover how historical trends and recent developments, including the impact of the COVID-19 pandemic and green technology investments, have shaped the market for this key industrial metal, with insights into future price dynamics.

Discover the future of the molybdenum metal market. Our in-depth analysis reveals a $5 billion market in 2025, projected to reach $7.5 billion by 2033, driven by steel, renewable energy, and technological advancements. Explore key players, regional trends, and growth opportunities in this comprehensive report.

3882 Global exporters importers export import shipment records of Molybdenum metal with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

Get the latest USA Molybdenum Metal import data with importer names, shipment details, buyers list, product description, price, quantity, and major US ports.

Discover the latest insights into the booming Roasted Molybdenum Concentrate market. Explore market size, CAGR, regional trends, and key players shaping this dynamic industry. Our comprehensive analysis projects significant growth through 2033, driven by burgeoning steel production and infrastructure development.

Discover the factors influencing ferro molybdenum prices, a critical additive in steel production. Learn how global demand, geopolitical climate, environmental regulations, and market speculation drive price volatility in this essential metallurgical commodity.

Discover the booming Roasted Molybdenum Concentrate market! Explore its projected $2-3 billion valuation in 2025, 4-6% CAGR, key drivers, trends, and leading companies like Climax Molybdenum and China Molybdenum. Learn about regional market share and future growth potential in this comprehensive market analysis.

The global molybdenum sheet market is experiencing robust growth, driven by increasing demand from key sectors like the chemical and steel industries. While precise market size figures for 2025 aren't provided, a reasonable estimate can be derived based on industry reports and the given CAGR (let's assume a CAGR of 5% for illustrative purposes). If we posit a 2024 market size of $500 million (a plausible figure given the market's nature), a 5% CAGR would project a 2025 market size of approximately $525 million. This growth is primarily fueled by the molybdenum sheet's unique properties—high melting point, excellent corrosion resistance, and superior strength—making it indispensable in high-temperature applications and demanding industrial processes. The chemical industry utilizes molybdenum sheets extensively in reactors and processing equipment due to its resistance to corrosive chemicals. Similarly, the steel industry relies on these sheets for components in furnaces and other high-stress environments. The market is segmented by purity level (Mo(%)≧99.90%, Mo(%)≧99.95%, Mo(%)≧99.99%) and application (chemical industry, steel industry, others). Higher purity grades command premium prices, reflecting the specialized applications they cater to. The trend toward stricter environmental regulations is further boosting demand for high-purity molybdenum sheets, as they are crucial in manufacturing cleaner and more efficient technologies. However, market growth faces certain restraints, primarily fluctuating molybdenum prices and potential supply chain disruptions, especially considering the geographical concentration of molybdenum production. The competitive landscape is moderately concentrated, with several key players like Molymet, Plansee, and China Molybdenum Co Ltd vying for market share. Future growth will likely be influenced by advancements in material science, leading to the development of even more specialized molybdenum alloys and enhanced manufacturing techniques.

Explore the factors influencing molybdenum prices, including supply-demand dynamics, mining operations, geopolitical influences, and global economic trends. Learn about molybdenum's industrial applications and the importance of monitoring market reports for insight into this crucial metal.

The global molybdenite market is experiencing robust growth, driven by increasing demand from key sectors like steel, chemicals, and electronics. The market, estimated at $X billion in 2025 (assuming a reasonable market size based on industry reports and related metal markets), is projected to exhibit a Compound Annual Growth Rate (CAGR) of X% from 2025 to 2033. This growth is primarily fueled by the rising global infrastructure development, particularly in emerging economies, leading to a significant increase in steel production – a major consumer of molybdenite. Furthermore, the expanding electronics industry, with its need for high-performance alloys and catalysts, is another significant contributor to market expansion. The increasing adoption of molybdenum-based catalysts in the chemical and petroleum industries also adds to the overall demand. Different types of molybdenite, including ammonium molybdate, molybdenum oxide, and molybdenum powder, cater to these diverse applications, creating a fragmented but dynamic market landscape. While challenges such as fluctuating molybdenum prices and potential supply chain disruptions exist, the long-term outlook remains positive, underpinned by ongoing technological advancements and the consistent demand for high-strength, corrosion-resistant materials. Growth is expected to be particularly strong in the Asia-Pacific region, driven by rapid industrialization in China and India. North America and Europe will also contribute significantly, although at a potentially slower pace due to their already established industrial bases. Competitive dynamics are shaped by a mix of established players like Climax Molybdenum, Jinduicheng Molybdenum Industry, and Luoyang Molybdenum, alongside several regional players. Strategic partnerships, mergers and acquisitions, and technological innovations will play a pivotal role in shaping the future market landscape. The segmentation by application (steel, chemicals, electronics, pharmaceuticals, agriculture) and by type (ammonium molybdate, molybdenum oxide, molybdenum powder, others) provides a detailed understanding of market dynamics, allowing for targeted investment strategies and precise market forecasting. The forecast period of 2025-2033 presents substantial opportunities for stakeholders across the value chain.

Discover the latest market trends and growth projections for roasted molybdenum concentrate. This in-depth analysis covers market size, CAGR, key drivers, restraints, and regional breakdowns, featuring leading companies like Climax Molybdenum and China Molybdenum. Explore the future of this vital material in steel and chemical applications.

The molybdenum market worldwide is expected to grow steadily, with an estimated value of USD 346.3 billion in 2025, which is expected to reach around USD 548 billion by 2035, increasing at a CAGR of approximately 4.7%.

Market Metrics

Metrics	Values
Industry Size (2025E)	USD 346.3 billion
Industry Value (2035F)	USD 548 billion
CAGR (2025 to 2035)	4.7%

Country Wise Analysis

Country	CAGR (2025 - 2035 )
USA	5.3%
Uk	4.6%
France	4.2%
Germany	4.8%
Italy	4.1%
South Korea	5 %
Japan	4.4%
China	6.5%
Australia	4.7%
New Zealand	3.9%

Competitive Outlook

Company Name	Market Share (%)
Freeport-McMoRan Inc.	20-24%
Grupo México, S.A.B. de C.V.	16-20%
China Co., Ltd.	12-16%
Antofagasta plc	10-14%
Thompson Creek Metals Company Inc.	8-12%
Others (combined)	30-40%

Molybdenum Market Outlook

According to our latest research, the Global Molybdenum market size was valued at $7.2 billion in 2024 and is projected to reach $11.3 billion by 2033, expanding at a CAGR of 5.1% during 2024–2033. The primary growth driver for the molybdenum market globally is the surging demand for high-strength steel across end-use industries such as construction, automotive, and energy. Molybdenum’s unique properties, including its high melting point, corrosion resistance, and ability to enhance alloy strength, make it indispensable for manufacturing advanced materials. As infrastructure investments accelerate globally and industries increasingly prioritize durability and performance, the role of molybdenum in modern industrial applications continues to expand, underpinning robust market growth through the forecast period.

Regional Outlook

Asia Pacific currently commands the largest share of the global molybdenum market, accounting for over 45% of the total market value in 2024. This dominance is attributed to the region’s well-established steel manufacturing sector, rapid urbanization, and significant investments in infrastructure projects, particularly in China and India. China, being the world’s largest steel producer and consumer, drives substantial molybdenum demand, leveraging it for both domestic consumption and export-oriented manufacturing. In addition, favorable government policies supporting industrialization and technological advancements in steel and alloy production further bolster the region’s market position. The presence of leading global manufacturers, coupled with a mature supply chain network, ensures consistent supply and competitive pricing, reinforcing Asia Pacific’s leadership in the molybdenum landscape.

The North American molybdenum market is projected to be the fastest-growing region, with a forecasted CAGR of 6.2% from 2024 to 2033. This rapid growth is primarily fueled by increased investments in the energy sector, particularly in oil and gas exploration, power generation, and renewable energy infrastructure. The United States, with its robust aerospace and defense industries, also contributes significantly to regional demand for high-performance molybdenum alloys. Additionally, stringent regulatory standards concerning material performance and safety in critical applications are driving the adoption of molybdenum-based products. Ongoing research and development activities, coupled with strategic collaborations between industry leaders and research institutions, are further enhancing the region’s market potential, attracting new investments and fostering innovation in product development.

Emerging economies in Latin America and the Middle East & Africa are gradually increasing their footprint in the global molybdenum market, though their share remains comparatively modest. These regions are witnessing growing adoption of molybdenum in construction and energy projects, driven by urbanization and evolving industrial policies. However, challenges such as limited domestic production capabilities, fluctuating raw material prices, and inconsistent regulatory frameworks hinder market expansion. Localized demand is often influenced by infrastructure development cycles and government incentives for industrial growth. To overcome these barriers, several countries are focusing on enhancing mining capacities, improving logistics, and fostering international partnerships to secure a stable supply of molybdenum and related products, thereby paving the way for future market growth.

Report Scope

Attributes	Details
Report Title	Molybdenum Market Research Report 2033
By Product Type	Molybdenum Metal, Molybdenum Alloys, Molybdenum Compounds
By Application	Steel Manufacturing, Chemical & Petrochemical, Electronics, Automotive, Aerospace & Defense, Energy, Others
By End-Use Industry	Construction, Automotive, Oil &am