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.

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.

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.

In the first quarter (Q1) of 2025, the global price of molybdenum amounted to ****** U.S. dollars per metric ton. Between Q4 2022 and Q3 2025, the highest price of molybdenum worldwide was in Q1 2023, when it reached approximately ****** U.S. dollars per metric ton.

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).

The average molybdenum import price stood at $68,963 per ton in May 2025, jumping by 18% against the previous month.

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 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.

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.

In 2024, the Pakistani molybdenum market was finally on the rise to reach $250K for the first time since 2021, thus ending a two-year declining trend. In general, consumption posted strong growth. Molybdenum consumption peaked at $365K in 2021; however, from 2022 to 2024, consumption stood at a somewhat lower figure.

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 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.

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.

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.

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 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.

Discover the booming molybdenum sheet market! This comprehensive analysis reveals a CAGR of 5%, reaching an estimated $500 million in 2025 and projecting over $1 billion by 2033. Explore key drivers, restraints, regional trends, and leading companies shaping this dynamic sector. Learn more about the demand from electronics, semiconductors, and high-temperature applications.