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Global Molybdenum Trioxide Market Is Expected to 4310 Million US$ by 2025

The global molybdenum trioxide market was 3670 million US$ in 2018 and is expected to 4310 million US$ by the end of 2025, growing at a CAGR of 2.3% between 2019 and 2025, according to a report. 

This report studies the molybdenum trioxide market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Molybdenum trioxide is gray black powder. It is chemical compound derived from molybdenum, and used primarily in the steel industry for corrosion resistance, strengthening and heat resistance, molybdenum chemical industry.

In the gas phase, three oxygen atoms are double bonded to the central molybdenum atom. In the solid state, anhydrous MoO3 is composed of layers of distorted MoO6 octahedra in an orthorhombic crystal. The octahedra share edges and form chains which are cross-linked by oxygen atoms to form layers. The octahedra have one short molybdenum-oxygen bond to a non-bridging oxygen.

The molybdenum trioxide industry concentration is high; there are few manufacturers in the world, and they are mainly distributed in America Chile and China. This is mainly because the raw material is molybdenum ore which distribute in those areas. America, Chile and China have long history and unshakable status in this industry, like Molibdenos y Metales S.A., Freeport-McMoRan (FCX) and Jinduicheng Molybdenum Group, both have perfect products.

Many companies have several plants, usually close to aimed raw material areas so that it can decrease the transportation cost of the raw material cost. Some companies usually enter into China market by building joint ventures.

The import and export percent of this industry is high. Because this industry can be used in many fields and the regions which have no production of this product have to buy molybdenum trioxide from the regions which have huge production of molybdenum trioxide.

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