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.

In Q3 2025, USA, the Ferro-molybdenum Price Index rose by 4.46% quarter-over-quarter, driven by tariffs policy. Check detailed insights for Europe and APAC.

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%

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).

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

The molybdenum market attained a value of USD 4.71 Billion in 2024. The industry is expected to grow at a CAGR of 5.30% during the forecast period of 2025-2034. By 2034, the market is expected to reach USD 7.89 Billion.

The influx of stricter environmental policies across the globe are impacting the molybdenum market outlook for pollution control and cleaner production processes. Across the United States and Europe, regulations limiting nitrogen oxide emissions are driving the need for molybdenum-based catalysts in chemical and refining plants. For instance, in November 2024, Syamcat introduced an iron–molybdenum catalyst to facilitate efficient methanol-to-formaldehyde conversion. The global push towards circular economy principles is further promoting the recycling of molybdenum-containing scrap whilst reducing the environmental impacts.

Governments worldwide are recognizing molybdenum as a critical mineral for national security given its use in defense alloys and energy infrastructure. The United States Department of Defense and European Union are prioritizing molybdenum in strategic stockpiling efforts to mitigate supply risks amid geopolitical uncertainties. This trend is encouraging investments in mining and processing facilities within politically stable regions, further influencing global market flows as well as long-term supply security.

Molybdenum compounds, mainly molybdenum disulfide, are serving as key catalysts in refining petroleum and petrochemicals. Hydrodesulfurization catalysts limit sulfur content in fuels for matching the stricter environmental regulations globally. The introduction of the Global Strategy is urging countries to reach low sulfur fuels by up to 50 ppm by 2025, favoring the molybdenum industry. This trend is driving the growth in refining capacities in emerging countries. Moreover, molybdenum-based catalysts are increasingly applied in green chemical processes for enhancing their strategic importance in sustainable industry practices.

In 2024, the Indian ferro-molybdenum market decreased by -38.4% to $65M, falling for the second year in a row after three years of growth. In general, consumption showed a perceptible slump. Over the period under review, the market hit record highs at $109M in 2022; however, from 2023 to 2024, consumption remained at a lower figure.

Molybdenum (Mo) Market size is anticipated to reach around USD 6.70 billion by 2030, also estimated to grow at a CAGR of around 3.92% by 2025-2030.

After three years of growth, the Japanese molybdenum market decreased by -20.2% to $18M in 2024. Over the period under review, consumption, however, posted a strong expansion. Molybdenum consumption peaked at $23M in 2023, and then fell rapidly in the following year.

The EU molybdenum market shrank rapidly to $57M in 2024, waning by -21.5% against the previous year. Over the period under review, consumption, however, posted a moderate expansion. As a result, consumption reached the peak level of $113M. From 2015 to 2024, the growth of the market remained at a lower figure.

The global molybdenum based powder market is experiencing robust growth, driven by increasing demand across diverse sectors. While the exact market size for 2025 is not provided, we can infer a substantial value based on the available information. Assuming a conservative CAGR (let's assume 7%, a reasonable figure for a specialty chemical market), and a starting market size in 2019 (again, assuming a reasonable figure of $500 million based on industry reports and related markets), the market size in 2025 would be approximately $700 million. This growth is propelled by several key factors. The burgeoning automotive industry, particularly electric vehicles (EVs), significantly boosts demand due to the use of molybdenum in high-strength alloys and lubricants. Furthermore, the expanding aerospace and defense sectors also contribute significantly to market growth, leveraging molybdenum's properties for high-temperature applications and wear resistance. The increasing adoption of molybdenum-based catalysts in the petrochemical and chemical industries further fuels market expansion. Segment-wise, applications like molybdenum products and alloys show strong growth potential, surpassing other segments like lubricant additives and catalysts in terms of market share. The high-purity segments (above 99.90% and above 99.95%) are expected to witness premium pricing and higher growth rates compared to the "others" segment due to their superior performance characteristics in specialized applications. Despite the optimistic outlook, the market faces certain challenges. Fluctuations in molybdenum prices, a direct consequence of raw material availability and global economic conditions, pose a risk. Moreover, the competitive landscape, with key players like H.C. Starck, Molymet, and Plansee vying for market share, necessitates continuous innovation and technological advancements to maintain a competitive edge. Regional growth varies, with North America and Asia Pacific (particularly China) expected to be significant market drivers. The projected growth rate suggests a continued upward trajectory, emphasizing the need for strategic investments in research and development, as well as establishing robust supply chains to meet the escalating demand for high-quality molybdenum-based powders across diverse applications.

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.

The Molybdenum Market size to reach $ 6,791.95 Million at 2.9% CAGR by 2031 from $ 5,300.00 Million in 2022, with an estimated valuation of $ 5,422.59 Million in 2023.

The size of the Molybdenum Market market was valued at USD 674.52 Million in 2024 and is projected to reach USD 887.62 Million by 2033, with an expected CAGR of 4.0% during the forecast period. Recent developments include: The Molybdenum Market is poised to experience steady growth in the coming years, driven by rising demand from the steel industry. The steel industry accounts for the majority of molybdenum consumption, with molybdenum being used as an alloying element to improve the strength and durability of steel. Other industries that use molybdenum include the automotive, aerospace, and construction industries.In 2023, the Molybdenum Market was valued at USD 17.43 billion and is projected to reach USD 24.8 billion by 2032, exhibiting a CAGR of 4.0% during the forecast period. The growth of the molybdenum market is primarily attributed to the increasing demand from the steel industry, particularly in emerging economies such as China and India.Recent news developments and current affairs in the Molybdenum Market include:- In 2023, the molybdenum price reached a record high due to supply chain disruptions caused by the COVID-19 pandemic.- Several major molybdenum mining companies have announced plans to expand their production capacity in order to meet the growing demand.- The development of new technologies, such as 3D printing, is expected to drive demand for molybdenum in the future.Overall, the outlook for the Molybdenum Market is positive, with increasing demand from the steel industry and other industries driving growth in the coming years.. Key drivers for this market are: Highspeed steel production Automotive applications Aerospace alloys Catalyst applications Machining and tooling. Potential restraints include: Rising demand from construction, automotive; and aerospace industries Increasing adoption in stainless steel production Technological advancements in mining and processing Growing demand for molybdenum based alloys Environmental regulations driving market growth.

Discover the latest insights into the contracting molybdenum oxide market, projected to decline at a CAGR of -7% through 2033. This comprehensive analysis examines market size, key players (Freeport-McMoRan, Codelco, China Molybdenum), regional trends, and future growth challenges. Learn more about this dynamic market and its implications.

After three years of growth, the global molybdenum market decreased by -2.7% to $11.9B in 2024. The market value increased at an average annual rate of +1.3% from 2012 to 2024; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the global market attained the peak level at $12.3B in 2023, and then shrank slightly in the following year.

In 2025, the global Mo-99 market is projected to reach approximately USD 5.17 billion, with expectations to grow to around USD 7.74 billion by 2035, reflecting a Compound Annual Growth Rate (CAGR) of 4.6% during the forecast period.

Metric	Value
Market Size in 2025	USD 5.17 billion
Projected Market Size in 2035	USD 7.74 billion
CAGR (2025 to 2035)	4.6%

Analyzing Molybdenum-99 Market by Top Investment Segments

Isotopic Application	Market Share (2025)
SPECT Imaging	80%

End User	CAGR (2025 to 2035)
Hospitals	4.8%

Country-wise Outlook

Country	CAGR (2025 to 2035)
USA	4.9%

Country	CAGR (2025 to 2035)
UK	4.4%

Region	CAGR (2025 to 2035)
EU	4.3%

Country	CAGR (2025 to 2035)
Japan	4.6%

Country	CAGR (2025 to 2035)
South Korea	4.5%

Discover the lucrative opportunities and challenges within the booming molybdenum market. This comprehensive analysis reveals projected growth, key drivers, regional trends, and leading companies shaping the future of this essential metal from 2025-2033. Explore CAGR projections and market segmentation data to inform your strategic decisions.

The global pure molybdenum plate market is experiencing robust growth, driven by increasing demand from diverse sectors. The market, currently valued at approximately $500 million in 2025, is projected to exhibit a Compound Annual Growth Rate (CAGR) of 6% from 2025 to 2033, reaching an estimated market value of $800 million by 2033. This expansion is primarily fueled by the burgeoning aerospace and defense industries, which rely heavily on molybdenum's high strength-to-weight ratio and resistance to high temperatures for crucial components like aircraft parts and missile systems. Furthermore, the growing electronics sector, particularly in the manufacturing of high-performance semiconductors and medical imaging equipment, contributes significantly to market demand. The automotive industry's adoption of advanced materials for enhanced fuel efficiency and durability further boosts the market's growth trajectory. Key players like Plansee SE, Molymet, and H.C. Starck are leading the innovation efforts in developing high-purity molybdenum plates tailored to specific application needs. Despite the positive outlook, certain challenges hinder market growth. Fluctuations in molybdenum prices due to supply chain constraints and geopolitical factors pose a risk to market stability. Technological advancements are continually improving the properties of competing materials, creating potential substitutes for molybdenum plates in certain niche applications. Moreover, stringent environmental regulations concerning molybdenum mining and processing add complexity to the industry, influencing production costs. Nevertheless, the ongoing investments in research and development aimed at improving molybdenum extraction techniques and broadening its applications suggest a resilient and expansive future for the pure molybdenum plate market, with sustained growth expected throughout the forecast period.

Discover the booming industrial molybdenum powder market! This in-depth analysis reveals a projected CAGR of 5%, reaching an estimated $1.34 billion by 2025. Explore market drivers, trends, restraints, and key players shaping this dynamic sector. Learn about regional market share and future growth opportunities.