Press release
Molybdenum Disulfide (Mos2) Market: Industry Analysis, Segments, Growth, And Value Chain Analysis, 2023 To 2029
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 and Sulphur combine to form the inorganic molecule known as molybdenum disulfide (or moly). Its molecular name is MoS2. The substance has been given the name transition metal dichalcogenide. It is a silvery black solid that can be found in the main source of molybdenum, the mineral molybdenite. MoS2 is not very reactive. It is unaffected by air or diluted acids. Graphite is similar to molybdenum disulfide in appearance and texture. It is frequently used as a dry lubricant due to its low friction and durability. Bulk Similar to silicon, molybdenum disulfide is a diamagnetic indirect bandgap semiconductor with a bandgap of 1.23 eV.
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Key Chapter Will Be Provided In The Report
• Patent Analysis
• Regulatory Framework
• Technology Roadmap
• BCG Matrix
• Heat Map Analysis
• Price Trend Analysis
• Investment Analysis
• Company Profiling and Competitive Positioning
• Industry Value Chain Analysis
• Market Dynamics and Factors
• Porter's Five Forces Analysis
• Pestle Analysis
• SWOT Analysis
Market Dynamics:
Driver:
Molybdenum is one of the most crucial materials in the aerospace and military industries because of its qualities including high-temperature stability, tensile strength, density, radiation protection, and exceptional material machinability. Molybdenum is used in the aircraft industry because of its high strength and lightweight to reduce vibration and improve pilot and passenger comfort. Additionally, it is used to maintain the stability of helicopter rotor blades, cockpit equipment, and the ailerons, elevators, and rudder sections of aircraft. The commercial airline sector is probably going to continue its ten-year pattern of faster-than-average growth. This industry has been developing internationally as a result of rising purchasing power, with emerging markets growing more quickly
Opportunities:
One or two atoms thick, two-dimensional (2D) materials are a form of nanomaterial1. One of the most well-liked 2D materials is graphene, which consists of a single layer of tightly packed carbon atoms. In addition to graphene, other prominent 2D materials include silicone, semiconducting transition metal dichalcogenides (TMDs), black phosphorus, and numerous others2. These 2D materials have many unique characteristics, including increased strength, a lightweight composition, and great flexibility. Due to their excellent ability to transport heat and electricity, 2D materials are commonly utilized in imaging diagnostics, sensors, measuring equipment, conductive films, batteries, fuel cells, filters, supercapacitors, and other products.
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Key Prominent Players In The Molybdenum Disulfide (Mos2) Market
• Grupo Mexico
• Centerra Gold Inc.
• Freeport-McMoRan
• TRIBOTECC GMBH
• Luoyang Shenyu Molybdenum Co. Ltd
• Moly metal LLP
• Rose Mill Co.
• Songxian Exploiter Molybdenum Co.
• American Elements
• Merck KGAA
• Jinduicheng Molybdenum Group Co. Ltd and other major players.
Segmentation of the Molybdenum Disulfide (Mos2) Market
By Type
• Crystals
• Powder
By Application
• Semiconductor
• Lubricant
• Coatings
• Catalysts
• Others
By End-User Industry
• Automotive
• Aerospace & Defense
• Electrical & Electronics
• Construction
• Others
Regional Analysis of Molybdenum Disulfide (MoS2) Market:
Due to its use in a variety of end-use applications and the rapid expansion of end-use sectors such as electronics, construction, and general engineering, Asia-Pacific is predicted to be the fastest-growing region in the Molybdenum Disulfide (MoS2) market throughout the forecast period. The rising demand for low friction coatings and lubricants has resulted from the rise of the manufacturing industry in Asia-Pacific as a result of global players relocating their bases due to the availability of inexpensive raw materials and labor. Furthermore, nations such as China, South Korea, Taiwan, and Japan are important electronics manufacturing hubs with global demand. As a result, Molybdenum Disulfide demand, which is used in semiconductors, transistors, LEDs, lasers, solar cells, and other microelectronic devices, is expected to stay stable.
• North America (U.S., Canada, Mexico)
• Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
• Western Europe (Germany, U.K., 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, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
• South America (Brazil, Argentina, Rest of SA)
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COVID-19 Impact on Molybdenum Disulfide (MoS2) Market
The globe was facing a Coronavirus epidemic at the start of January 2020; the pandemic causes unprecedented human, economic, and societal damage, with few lives remaining unscathed. The global economy is suffering unprecedented losses as a result of the epidemic that is ravaging the globe. The situation is deteriorating daily as numerous governments throughout the world implement more stringent, rash, and effective measures, ranging from travel restrictions to total lockdown. Such steps have not only slowed economic growth but have also put a full halt to inter-regional trade. Because industrial units were experiencing a scarcity of inorganic chemical raw materials at the start of the crisis, a huge shipment was imported to compensate for the lack of raw material supply. In this sub-sector, the majority of manufacturing factories primarily manufactured sanitizers and disinfectants for use in homes and workplaces. These goods have progressed to the personal-use category during the crisis. The demand for building materials and goods has been somewhat low as a result of the COVID-19 epidemic.
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