Molybdenum Market Research Report Overview Molybdenum, a silvery-gray metal with exceptional properties such as high melting point, excellent corrosion resistance, and high strength-to-weight ratio, is widely used in various industries. It is a critical component in steel alloys, super alloys, and other specialized materials. The molybdenum market size has been steadily growing, driven by increasing demand from key industries such as steel, aerospace, and electronics. Molybdenum Market Drivers Several factors are driving the growth of the molybdenum market: Increasing Demand from Steel Industry: Molybdenum is a key alloying element in steel, enhancing its strength, toughness, and corrosion resistance. The growing steel industry, particularly in emerging economies, is driving demand for molybdenum. Aerospace and Defence Applications: Molybdenum-based superalloys are extensively used in the aerospace and defence industries due to their hig...