India Molybdenum Market (2025-2031) Outlook | Growth, Trends, Analysis, Share, Value, Forecast, Industry, Companies, Size & Revenue

Market Forecast By End Product (Steel, Chemical, Foundry, MO-Metal, Nickel Alloy, Others), By End-user Industry (Oil and Gas, Chemical and Petrochemical, Automotive, Industrial Usage, Building and Construction, Aerospace and Defense, Others) And Competitive Landscape
Product Code: ETC191976 Publication Date: Aug 2023 Updated Date: Aug 2025 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 60 No. of Figures: 40 No. of Tables: 7

India Molybdenum Market Import Shipment Trend (2020-2024)

The India molybdenum market import shipment demonstrated robust growth from 2020 to 2024, with a notable CAGR of 47.3%. The growth momentum continued into the following year, with a growth rate of 15.5% between 2023 and 2024. The market expanded significantly, indicating a strong upward trend in demand during the period.

Graph Showing India molybdenum market Shipment Trend & Volume from 2020-2024

India Molybdenum Market Synopsis

Molybdenum is an essential trace element used in several industrial applications ranging from steel alloys to lubricants. In India, the molybdenum market size was valued at USD 136.2 million and is estimated to reach USD 165.4 million by 2031, with a growth rate of 3.06% during the forecast period (2025-2031). Rise in demand for molybdenum from various end user industries like construction & fabrication and automotive industry are expected to boost the growth of India Molybdenum Market over the forecast period.

Market Drivers

The major drivers for increasing demand of molybdenum include growing end-user industries such as energy, aerospace & defense, electronics and chemicals; increased usage of stainless steel in consumer goods; rising investment in infrastructure projects; growing demand for lighter weight materials for automobiles; surging technological advancements;and improving economic conditions across developing countries such as China, India etc which are fueling its demand even further. Additionally, factors like rapid urbanization and increase in disposable income has pushed up consumption levels significantly leading to higher production volumes thus resulting into increased use of molybdenum alloys products manufactured therein.

Challenges of the Market

High cost associated with extraction process coupled with stringent government regulations may restrict new investments into this sector thereby hampering its overall growth potentials. Rising environmental concerns related to its disposal have also raised certain apprehensions amongst stakeholders thus affecting their willingness towards investing more funds or resources into this sector. Moreover , volatility in prices due to high degree uncertainty arising out due sudden rise or fall of supply might act as restraint on market???s progress over near term future outlook. The coronavirus pandemic has also had a negative impact on the global economy impacting many sectors including metals & mining sector which have experienced significant disruption both financially and operations wise posing risk onto businesses worldwide seeking returns through investments made in them.

Key Players in the Market

Some key players operating within India Molybdenum Market includes Jindal Steel & Power Ltd., Hindalco Industries Limited , Vedanta Resources plc , JSW Steel Ltd., Norilsk Nickel Co., Nucor Corporation , POSCO Group , Sumitomo Metal Mining Co.,Ltd., Outokumpu Oyj , Freeport McMoRan Incorporated etc among others. Competition remains intense within domestic space characterized by presence large number participants vying share revenues pie generated via sale different types products available

Key Highlights of the Report:

  • India Molybdenum Market Outlook
  • Market Size of India Molybdenum Market, 2024
  • Forecast of India Molybdenum Market, 2031
  • Historical Data and Forecast of India Molybdenum Revenues & Volume for the Period 2021-2031
  • India Molybdenum Market Trend Evolution
  • India Molybdenum Market Drivers and Challenges
  • India Molybdenum Price Trends
  • India Molybdenum Porter's Five Forces
  • India Molybdenum Industry Life Cycle
  • Historical Data and Forecast of India Molybdenum Market Revenues & Volume By End Product for the Period 2021-2031
  • Historical Data and Forecast of India Molybdenum Market Revenues & Volume By Steel for the Period 2021-2031
  • Historical Data and Forecast of India Molybdenum Market Revenues & Volume By Chemical for the Period 2021-2031
  • Historical Data and Forecast of India Molybdenum Market Revenues & Volume By Foundry for the Period 2021-2031
  • Historical Data and Forecast of India Molybdenum Market Revenues & Volume By MO-Metal for the Period 2021-2031
  • Historical Data and Forecast of India Molybdenum Market Revenues & Volume By Nickel Alloy for the Period 2021-2031
  • Historical Data and Forecast of India Molybdenum Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of India Molybdenum Market Revenues & Volume By End-user Industry for the Period 2021-2031
  • Historical Data and Forecast of India Molybdenum Market Revenues & Volume By Oil and Gas for the Period 2021-2031
  • Historical Data and Forecast of India Molybdenum Market Revenues & Volume By Chemical and Petrochemical for the Period 2021-2031
  • Historical Data and Forecast of India Molybdenum Market Revenues & Volume By Automotive for the Period 2021-2031
  • Historical Data and Forecast of India Molybdenum Market Revenues & Volume By Industrial Usage for the Period 2021-2031
  • Historical Data and Forecast of India Molybdenum Market Revenues & Volume By Building and Construction for the Period 2021-2031
  • Historical Data and Forecast of India Molybdenum Market Revenues & Volume By Aerospace and Defense for the Period 2021-2031
  • Historical Data and Forecast of India Molybdenum Market Revenues & Volume By Others for the Period 2021-2031
  • India Molybdenum Import Export Trade Statistics
  • Market Opportunity Assessment By End Product
  • Market Opportunity Assessment By End-user Industry
  • India Molybdenum Top Companies Market Share
  • India Molybdenum Competitive Benchmarking By Technical and Operational Parameters
  • India Molybdenum Company Profiles
  • India Molybdenum Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the India Molybdenum Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the India Molybdenum Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 India Molybdenum Market Overview

3.1 India Country Macro Economic Indicators

3.2 India Molybdenum Market Revenues & Volume, 2021 & 2031F

3.3 India Molybdenum Market - Industry Life Cycle

3.4 India Molybdenum Market - Porter's Five Forces

3.5 India Molybdenum Market Revenues & Volume Share, By End Product, 2021 & 2031F

3.6 India Molybdenum Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F

4 India Molybdenum Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Growth in industrial activities in India, leading to increased demand for molybdenum in manufacturing sectors.

4.2.2 Rising infrastructure development projects in India, driving the need for molybdenum in construction and engineering applications.

4.2.3 Technological advancements in molybdenum production and processing, improving efficiency and reducing costs.

4.3 Market Restraints

4.3.1 Fluctuating prices of molybdenum in the global market, impacting the profitability of Indian molybdenum producers.

4.3.2 Regulatory challenges and compliance requirements affecting molybdenum mining and extraction in India.

5 India Molybdenum Market Trends

6 India Molybdenum Market, By Types

6.1 India Molybdenum Market, By End Product

6.1.1 Overview and Analysis

6.1.2 India Molybdenum Market Revenues & Volume, By End Product, 2021-2031F

6.1.3 India Molybdenum Market Revenues & Volume, By Steel, 2021-2031F

6.1.4 India Molybdenum Market Revenues & Volume, By Chemical, 2021-2031F

6.1.5 India Molybdenum Market Revenues & Volume, By Foundry, 2021-2031F

6.1.6 India Molybdenum Market Revenues & Volume, By MO-Metal, 2021-2031F

6.1.7 India Molybdenum Market Revenues & Volume, By Nickel Alloy, 2021-2031F

6.1.8 India Molybdenum Market Revenues & Volume, By Others, 2021-2031F

6.2 India Molybdenum Market, By End-user Industry

6.2.1 Overview and Analysis

6.2.2 India Molybdenum Market Revenues & Volume, By Oil and Gas, 2021-2031F

6.2.3 India Molybdenum Market Revenues & Volume, By Chemical and Petrochemical, 2021-2031F

6.2.4 India Molybdenum Market Revenues & Volume, By Automotive, 2021-2031F

6.2.5 India Molybdenum Market Revenues & Volume, By Industrial Usage, 2021-2031F

6.2.6 India Molybdenum Market Revenues & Volume, By Building and Construction, 2021-2031F

6.2.7 India Molybdenum Market Revenues & Volume, By Aerospace and Defense, 2021-2031F

7 India Molybdenum Market Import-Export Trade Statistics

7.1 India Molybdenum Market Export to Major Countries

7.2 India Molybdenum Market Imports from Major Countries

8 India Molybdenum Market Key Performance Indicators

8.1 Average selling price of molybdenum in the Indian market.

8.2 Rate of adoption of molybdenum in new applications or industries in India.

8.3 Investment in research and development for molybdenum-related technologies in India.

9 India Molybdenum Market - Opportunity Assessment

9.1 India Molybdenum Market Opportunity Assessment, By End Product, 2021 & 2031F

9.2 India Molybdenum Market Opportunity Assessment, By End-user Industry, 2021 & 2031F

10 India Molybdenum Market - Competitive Landscape

10.1 India Molybdenum Market Revenue Share, By Companies, 2024

10.2 India Molybdenum Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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