Product Code: ETC008879 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Saudi Arabia molybdenum market is anticipated to register a CAGR of 5.4% during the forecast period (2025-2031). The country has abundant natural resources including oil and gas, minerals, and metals. Molybdenum is one such metal that finds application in various industries and products across the region. This demand for molybdenum from different sectors such as automotive, aerospace & defense, electronics & electricals, medical equipment manufacturers among others drives growth in the market for Saudi Arabia molybdenum market.
The increasing number of investments from both domestic as well as international players into development projects across various industrial segments are expected to fuel the growth of the industry over the coming years. Furthermore, rising government initiatives aimed at enhancing infrastructure such as automation systems coupled with increased disposable income levels have also created positive outlook towards product consumption within major economic regions of this country further supporting industry expansion over analysis timeframe. Additionally, growing use of advanced materials containing molybdenum due to their strength along with its excellent corrosion resistance properties will further complement business expansion over coming years.
High cost associated with manufacturing process hinders market progress to certain extent owing to which many organizations are unable to afford it thereby limiting demand potential from certain end-user verticals eventually hampering overall industry revenue generation capabilities ultimately restricting overall Saudi Arabia molybdenum market size by 2031 end.
The COVID 19 pandemic has had an adverse effect on global markets resulting in shutdowns or suspensions of operations leading supply shortages worldwide particularly affecting countries heavily dependent on imports like Saudi Arabia . Further lockdowns imposed by governmental authorities paired up with reduced consumer spending capacity due significant job losses have resulted disrupted supplies along entire value chain hence negatively impacting product sales projections throughout 2025 followed by 2025 first half respectively impeding overall regionalSaudi arabia Molybdenum Market size significantly during first two quarters post outbreak followed by gradual recovery prospects thereafter through 2025 period end.
Key players operating in the Saudi Arabia molybdenum market include Freeport-McMoRan Inc., China Molybdenum Co Ltd., Glencore International AG, Teck Resources Limited, Anglo American plc., Jiangxi Copper Company Ltd., Sumitomo Metal Mining Co Ltd., Climax Molybdenum Co LLC/Societe Miniere de Montagne SA, Jinduicheng Molybdenum Group Co Ltd., Huntsman Corporation among others
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 Saudi Arabia Molybdenum Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Molybdenum Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Molybdenum Market - Industry Life Cycle |
3.4 Saudi Arabia Molybdenum Market - Porter's Five Forces |
3.5 Saudi Arabia Molybdenum Market Revenues & Volume Share, By Product Types, 2021 & 2031F |
3.6 Saudi Arabia Molybdenum Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Saudi Arabia Molybdenum Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the construction and infrastructure sector in Saudi Arabia, as molybdenum is used in steel production for building materials. |
4.2.2 Increasing demand for molybdenum in the oil and gas industry for corrosion-resistant materials in pipelines and equipment. |
4.2.3 Technological advancements leading to the development of new applications for molybdenum in electronics and automotive industries. |
4.3 Market Restraints |
4.3.1 Fluctuations in molybdenum prices in the global market impacting the profitability of Saudi Arabian producers. |
4.3.2 Regulatory challenges related to environmental concerns and compliance standards in molybdenum mining and processing. |
4.3.3 Competition from alternative materials or substitutes affecting the demand for molybdenum in certain industries. |
5 Saudi Arabia Molybdenum Market Trends |
6 Saudi Arabia Molybdenum Market, By Types |
6.1 Saudi Arabia Molybdenum Market, By Product Types |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Molybdenum Market Revenues & Volume, By Product Types, 2021-2031F |
6.1.3 Saudi Arabia Molybdenum Market Revenues & Volume, By Steel, 2021-2031F |
6.1.4 Saudi Arabia Molybdenum Market Revenues & Volume, By Chemical, 2021-2031F |
6.1.5 Saudi Arabia Molybdenum Market Revenues & Volume, By Foundry, 2021-2031F |
6.1.6 Saudi Arabia Molybdenum Market Revenues & Volume, By MO-Metal, 2021-2031F |
6.1.7 Saudi Arabia Molybdenum Market Revenues & Volume, By Nickel Alloy, 2021-2031F |
6.1.8 Saudi Arabia Molybdenum Market Revenues & Volume, By Others, 2021-2031F |
6.2 Saudi Arabia Molybdenum Market, By End-users |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Molybdenum Market Revenues & Volume, By Oil and Gas, 2021-2031F |
6.2.3 Saudi Arabia Molybdenum Market Revenues & Volume, By Chemical and Petrochemical, 2021-2031F |
6.2.4 Saudi Arabia Molybdenum Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.5 Saudi Arabia Molybdenum Market Revenues & Volume, By Industrial Usage, 2021-2031F |
6.2.6 Saudi Arabia Molybdenum Market Revenues & Volume, By Building and Construction, 2021-2031F |
6.2.7 Saudi Arabia Molybdenum Market Revenues & Volume, By Aerospace and Defense, 2021-2031F |
7 Saudi Arabia Molybdenum Market Import-Export Trade Statistics |
7.1 Saudi Arabia Molybdenum Market Export to Major Countries |
7.2 Saudi Arabia Molybdenum Market Imports from Major Countries |
8 Saudi Arabia Molybdenum Market Key Performance Indicators |
8.1 Average selling price of molybdenum in Saudi Arabia. |
8.2 Percentage of molybdenum production capacity utilized in the country. |
8.3 Research and development investment in molybdenum-related innovations. |
8.4 Export/import volume of molybdenum products in Saudi Arabia. |
9 Saudi Arabia Molybdenum Market - Opportunity Assessment |
9.1 Saudi Arabia Molybdenum Market Opportunity Assessment, By Product Types, 2021 & 2031F |
9.2 Saudi Arabia Molybdenum Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Saudi Arabia Molybdenum Market - Competitive Landscape |
10.1 Saudi Arabia Molybdenum Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Molybdenum Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |