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Molybdenum in the Global Automotive Market Trends and Forecast
The future of molybdenum in the global automotive market looks promising with opportunities in the luxury cars and sport cars segments. Molybdenum in the global automotive market is expected to grow at a CAGR of 7.1% from 2021 to 2027. The major drivers for this market are increasing penetration of high strength steel per vehicle and growing demand for lithium ion batteries in electric vehicles.

Emerging Trends of Molybdenum in the Global Automotive Market
Emerging trends, which have a direct impact on the dynamics of the industry, include increasing applications for molybdenum steel alloys in engines, such as driving pinion, cardan joints, and turbocharger housings.
A total of 84 figures / charts and 58 tables are provided in this 135-page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope, benefits, companies researched, and other details of the molybdenum in the global automotive market report, please download the report brochure.

 
Molybdenum in Automotive Market by Application, and Vehicle

Molybdenum in Automotive Market by Segments
Molybdenum in the Global Automotive Market by Segments
Lucintel forecasts that molybdenum for engine blocks in the global automotive market will remain the largest segment, and it is also expected to witness the highest growth over the forecast period. The study includes trends and forecast for molybdenum in the global automotive market by application, vehicle type, and region, as follows:

Molybdenum in the Global Automotive Market by Application [Value ($ Million) and Volume (Million lbs) from 2016 to 2027]:
  • Engine Block
  • Exhaust System
  • Crankshaft
  • Piston Rings
  • Others                       
Molybdenum in the Global Automotive Market by Vehicle Type [Value ($ Million) and Volume (Million lbs) from 2016 to 2027]:
  • Passenger Cars
    • Small Cars
    • Compact Cars
    • Mid-Sized Cars
    • Luxury Cars
    • SUVs & Crossovers            
  • Light Commercial Vehicles
Molybdenum in the Global Automotive Market by Region [Value ($ Million) and Volume (Million lbs) from 2016 to 2027]:
List of Molybdenum in the Global Automotive Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies molybdenum companies in the global automotive market cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the molybdenum companies in the global automotive market profiled in this report includes. 
Molybdenum in the Global Automotive Market Insights
  • Lucintel forecasts that molybdenum for engine blocks in the global automotive market will remain the largest segment, and it is also expected to witness the highest growth over the forecast period as molybdenum improves high internal operation pressure and peak firing pressure in engines.
  • Asia Pacific will remain the largest region; it is also expected to witness the highest growth over the forecast period due to high vehicle production and increasing demand for advanced high strength steel (AHSS) for various engine applications.
Features of Molybdenum in the Global Automotive Market
  • Market Size Estimates: Molybdenum in the global automotive market size estimation in terms of value ($M) and volume (million lbs) shipment.
  • Trend and Forecast Analysis: Market trends (2016-2021) and forecast (2022-2027) by various segments.
  • Segmentation Analysis: Molybdenum in the global automotive market size by various segments, such as by application and vehicle type in terms of value and volume.
  • Regional Analysis: Molybdenum in the global automotive market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
  • Growth Opportunities: Analysis of growth opportunities in different segments by application and vehicle type, and regions for molybdenum in the global automotive market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape of molybdenum in the global automotive market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model
FAQ
Q1. What is molybdenum in the global automotive market size?
Answer: Molybdenum in the global automotive market is expected to reach an estimated $1.45 billion by 2027.
Q2. What is the growth forecast for molybdenum in the global automotive market?
Answer: Molybdenum in the global automotive market is expected to grow at a CAGR of 7.1% from 2021 to 2027.
Q3. What are the major drivers influencing the growth of molybdenum in the global automotive market?
Answer: The major drivers for this market are increasing penetration of high strength steel per vehicle and growing demand for lithium ion batteries in electric vehicles.
Q4. What is the major application or end use industry for molybdenum in the global automotive?
Answer: Engine block is the major segment by application for molybdenum in the global automotive.
Q5. What are the emerging trends of molybdenum in the global automotive market?
Answer: Emerging trends, which have a direct impact on the dynamics of the industry, include increasing applications for molybdenum steel alloys in engines, such as driving pinion, cardan joints, and turbocharger housings.
Q6. Who are the key molybdenum companies in the global automotive market?
Answer: Some of the key molybdenum companies in the global automotive market are as follows:
  • Centerra Gold
  • Codelco Mining
  • China Molybdenum Company
  • Grupo Mexico
  • Freeport-McMoRan
  • Anglo American
  • Jinduicheng Molybdenum Group Co.
Q7.Which product segment of molybdenum in the global automotive market will be the largest in future?
Answer: Lucintel forecasts that molybdenum for engine blocks in the global automotive market will remain the largest segment, and it is also expected to witness the highest growth over the forecast period as molybdenum improves high internal operation pressure and peak firing pressure in engines.
Q8: In molybdenum in the global automotive market, which region is expected to be the largest in next 5 years?
Answer: Asia Pacific will remain the largest region; it is also expected to witness the highest growth over the forecast period due to high vehicle production and increasing demand for advanced high strength steel (AHSS) for various engine applications.
Q9. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.
 
This report answers following 11 key questions
Q.1 What are some of the most promising growth opportunities for molybdenum in the global automotive market by application (engine blocks, exhaust systems, crankshaft, and piston rings), vehicle type (passenger cars and light commercial vehicles), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which region will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges, and business risks in this market?
Q.5 What are the business risks and competitive threats in this market?
Q.6 What are the emerging trends in this market and the reasons behind them?
Q.7 What are some of the changing demands of customers in the market?
Q.8 What are the new developments in the market and which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being taken by key players for business growth?
Q.10 What are some of the competing products in this market and how big of a threat do they pose for loss of market share by product substitution?
Q.11 What M&A activity has occurred in the last five years?

Report Scope
Key Features Description
Base Year for Estimation 2021
Trend Period
(Actual Estimates)
2016-2021
Forecast Period 2022-2027
Pages 135
Market Representation / Units Revenue in US $ Million
Regional Scope North America, Europe, Asia, and ROW
Report Coverage Market Trends & Forecasts, Competitor Analysis, New Product Development, Company Expansion, Merger, Acquisitions & Joint Venture, and Company Profiling
Market Segments By Application (Engine Blocks, Exhaust Systems, Crankshaft, and Piston Rings) and Vehicle Type (Passenger Cars and Light Commercial Vehicles)
Customization 10% Customization without Any Additional Cost

Related Keywords: molybdenum demand, molybdenum automotive, molybdenum market, molybdenum manufacturer

Table of Contents
1. Executive Summary 
 
2. Market Background and Classifications
2.1:  Introduction, Background, and Classifications 
2.2:  Supply Chain 
2.3: Industry Drivers and Challenges 
 
3. Market Trends and Forecast Analysis from 2016 to 2027 
3.1: Macroeconomic Trends and Forecast 
3.2: Molybdenum in the  Automotive Market Trends and Forecast 
3.3: Molybdenum in the  Automotive Market by Application Type
3.3.1: Engine 
3.3.2: Exhaust System 
3.3.3: Crankshaft 
3.3.4: Piston rings 
3.4: Molybdenum in the  Automotive Market by Vehicle Type 
3.4.1: Small Cars 
3.4.2: Mid-size cars 
3.4.3: Large Cars
3.4.4: Multi-purpose vehicles and Light commercial vehicles (MPV and LCV) 
3.4.5: SUVs 
3.4.6: Others 
 
4. Market Trends and Forecast Analysis by Region from 2016 to 2027
4.1: Molybdenum in the Automotive Market by Region 
4.2: Molybdenum in the North American Automotive Market 
4.2.1: Molybdenum in the North American Automotive Market by Application 
4.3: Molybdenum in the European Automotive Market
4.3.1: Molybdenum in the European Automotive Market by Application 
4.4: Molybdenum in the APAC Automotive Market
4.4.1: Molybdenum in the APAC Automotive Market by Application
4.5: Molybdenum in the ROW Automotive Market
4.5.1: Molybdenum in the ROW Automotive Market by Application
 
5. Competitor Analysis 
5.1: Product Portfolio Analysis 
5.2: Porter’s Five Forces Analysis 
 
6. Growth Opportunities and Strategic Analysis 
6.1: Growth Opportunity Analysis 
6.1.1: Growth Opportunities for Molybdenum in the  Automotive Market by Application 
6.1.2: Growth Opportunities for the Molybdenum in the  Automotive Market by Vehicle Type 
6.1.3: Growth Opportunities for the Molybdenum in the  Automotive Market by Region 
6.2: Emerging Trends of Molybdenum in the  Automotive Market 
6.3: Strategic Analysis 
6.3.1: Capacity Expansion of Molybdenum in the  Automotive Market 
6.3.2: Mergers, Acquisitions and Joint Ventures of Molybdenum in the  Automotive Market 
6.3.3: Certification and Licensing 
 
7. Company Profiles of Leading Players 
7.1: Centerra Gold Inc 
7.2: Codelco Mining Co. 
7.3: China Molybdenum Company Ltd.
7.4: Grupo Mexico 
7.5: Anglo American Plc 
7.6: Freeport-Mc-MoRon Inc 
7.7: Jinduicheng Molybdenum Group Co. Ltd
 
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84 figures/charts and 58 tables are provided in this 135 - page report
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
 
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process. 
 

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