Pure Molybdenum Market to Reach USD 24.8 Billion by 2034

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2026-06-11 11:34:03 -

Global pure molybdenum market was valued at USD 18.50 billion in 2025 and is projected to reach USD 24.80 billion by 2034, exhibiting a remarkable CAGR of 4.1% during the forecast period. Pure molybdenum is a refractory metal prized for its exceptional strength, very high melting point (2,623 °C), and outstanding corrosion resistance. It serves as a critical alloying element in steel...

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