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Market Overview:
Global molybdenum disulfide (mos2) market was valued at USD 572.24 million in 2021 and is expected to reach USD 778.74 million by the year 2028, at a CAGR of 4.5%.
Molybdenum disulfide, also known as moly, is an inorganic compound composed of molybdenum and sulfur, with the chemical formula MoS2. It belongs to a group of compounds called transition metal dichalcogenides. This silvery black solid is primarily found in the mineral molybdenite, which serves as the main source of molybdenum. MoS2 exhibits low reactivity and is resistant to dilute acids and oxygen. Its appearance and texture resemble that of graphite. Due to its low friction and durability, it is commonly used as a dry lubricant. Bulk molybdenum disulfide is a diamagnetic material and is classified as an indirect bandgap semiconductor with a bandgap energy of 1.23 eV, similar to silicon. In nature, molybdenum disulfide exists either as a crystalline mineral known as molybdenite or as a rare variant called jordisite, which forms at low temperatures.
Top Key Players Covered in The Molybdenum Disulfide (Mos2) Market:
Grupo Mexico (Mexico) Centerra Gold Inc. (Canada) Freeport-McMoRan (US) TRIBOTECC GMBH (Germany) Luoyang Shenyu Molybdenum Co. Ltd (China) Moly Metal LLP (India) Rose Mill Co. (US) Songxian Exploiter Molybdenum Co. (China) American Elements (US) Merck KGAA (Germany) Jinduicheng Molybdenum Group Co. Ltd (China) and Other Major Players.
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Market Dynamics and Factors:
Molybdenum is a highly significant material in the aerospace and military industries due to its exceptional properties, including high-temperature stability, tensile strength, density, radiation protection, and excellent machinability. It plays a crucial role in the aircraft sector by reducing vibrations and enhancing comfort for pilots and passengers, while also providing stability to crucial components like ailerons, elevators, rudders, helicopter rotor blades, and cockpit equipment. In the defense sector, molybdenum is utilized in the production of advanced warheads, nozzles, and shaped charge liners.
Two-dimensional (2D) materials are nanomaterials that consist of one or two atomic layers. Among the various 2D materials, graphene, composed of tightly packed carbon atoms, is widely known. Due to their excellent thermal and electrical conductivity, 2D materials find applications in imaging diagnostics, sensors, conductive films, batteries, fuel cells, filters, supercapacitors, and more. Recently, molybdenum disulfide, a newly emerging 2D material, has shown potential for integration into traditional microprocessor technology.
The Molybdenum Disulfide (Mos2) Market Report Highlight:
By type, the powder-type segment is expected to dominate the market over the forecast period. It is commonly used as a dry lubricant ingredient in various applications such as grease, oils, polymers, paints, and coatings. By application, the lubricant segment is expected to dominate the market over the forecast period. Molybdenum disulfide (MoS2) is a widely used solid lubricant known for its low friction coefficient of 0.05. It is resistant to oxygen and diluted acids, making it effective in lubricating various loads. By end-use industry, the automotive segment is expected to dominate the Molybdenum Disulfide market over the forecast period. In the automobile industry, Molybdenum disulfide (MoS2) is widely used as a lubricant for various components like ball joints, pedal shafts, wheel bearings, and steering linkages. Asia Pacific region is anticipated to dominate the market over the forecast period. The Asia-Pacific manufacturing industry has boomed due to global players shifting their operations for cost-effective resources and labor. This has increased the demand for low-friction coatings and lubricants. Countries like China, South Korea, Taiwan, and Japan are major electronics manufacturing hubs, driving the need for Molybdenum Disulfide in microelectronic devices.
Key Industry Development:
In July 2022, Centerra Gold Announced the Completion of the Global Arrangement Agreement with Kyrgyzaltyn and the Government of the Kyrgyz Republic. As a result of the purchase and cancellation of a total of 77,401,766 Centerra common shares previously held by Kyrgyzaltyn pursuant to the Transaction, the Company has 220,083,541 Centerra common shares outstanding as of the date hereof.
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Molybdenum Disulfide (Mos2) Market Segmentation:
By Type
By Application
Semiconductor Lubricant Coatings Catalysts Others
By End-User Industry
Automotive Aerospace & Defense Electrical & Electronics Construction Others
For this report, Introspective Market Research has segmented the Molybdenum Disulfide (Mos2) Market based on region:
Regional Outlook (Revenue in USD Million; Volume in Units, 2022-2028)
North America
Eastern Europe
Bulgaria The Czech Republic Hungary Poland Romania Rest of Eastern Europe
Western Europe
Germany UK France Netherlands Italy Russia Spain Rest of Western Europe
Asia Pacific
China India Japan South Korea Malaysia Thailand Vietnam The Philippines Australia New Zealand Rest of APAC
Middle East & Africa
Turkey Bahrain Kuwait Saudi Arabia Qatar UAE Israel South Africa
South America
Brazil Argentina Rest of SA
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Scope of the Report:
The latest research on the Molybdenum Disulfide (Mos2) market provides a comprehensive overview of the market for the years 2022 to 2028. It gives a comprehensive picture of the global Molybdenum Disulfide (Mos2) industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Molybdenum Disulfide (Mos2) market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.
Key Questions Answered in the Molybdenum Disulfide (Mos2) Market Report
What will be the market value of the Global Molybdenum Disulfide (Mos2) Market by 2028? What is the market size of the Global Molybdenum Disulfide (Mos2) Market? What are the market drivers of the Global Molybdenum Disulfide (Mos2) Market? What are the key trends in the Global Molybdenum Disulfide (Mos2) Market? Which is the leading region in the Global Molybdenum Disulfide (Mos2) Market? What are the major companies operating in the Global Molybdenum Disulfide (Mos2) Market? What are the market shares by key segments in the Global Molybdenum Disulfide (Mos2) Market? Purchase the Latest Version of the Report
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