Molybdenum Disulfide Market Size To Reach USD 589.24 MN In 2030 Due to Increasing Usage Of Molybdenum Disulfide In Semiconductor Devices And In Temperature Protective Coatings, Says Reports and Data

NEW YORK, April 26, 2022 /PRNewswire/ -- The global molybdenum disulfide market size is expected to reach USD 589.24 Million in 2030 and register a CAGR of 3.68% over the forecast period, according to the latest report by Reports and Data. Increasing demand for molybdenum disulfide as catalyst in chemical and petrochemical processes, increasing usage of LEDs, displays, and optical sensors are major factors expected to support market revenue growth. Molybdenum disulfide occurs in nature as molybdenite mineral and is unaffected by oxygen and dilute acids. It is widely used as a dry lubricant owing to its robustness and low friction.  In addition, molybdenum disulfide is used in photonics, lasers, photovoltaics, biosensors, and other microelectronics applications. Molybdenum disulfide has visible light absorption that is an order of magnitude higher than silicon, making it a promising solar cell material. The large direct bandgap of molybdenum disulfide and the relatively high charge carrier mobility make it a suitable choice for field effect transistors.

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Molybdenum disulfide can be classified into two forms; powder and crystals. Molybdenum disulfide powder is widely used as a dry lubricant additive in grease, oils, polymers, paints, and other coatings, and it is available in different particle sizes such as 90 nm, 1.5-micron, 4.5 micron, and 12.5 micron as per application requirement. Powder form segment is expected to register fastest CAGR over the forecast period. Its superior properties such as film forming structure and excellent lubricant properties in high vacuums is driving adoption in various end uses, which is expected to drive revenue growth of this segment. In addition, growing demand for greases in automobiles and rising demand for microelectronic components are some key factors projected to drive revenue growth of global molybdenum disulfide market over the forecast period.

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Some Key Highlights From the Report:

  • In February 2021, DuPont de Nemours Inc., announced expansion of Molykote specialty lubricants distribution network in MEA by up surging its existing partnership with Antala Ltd.
  • Chemical and petrochemical industry segment accounted for largest revenue share in the global market in 2021. Many molybdenum containing steels and catalysts are used in the oil and gas industry. Increasing demand for bit-lubricating greases and catalysts to reduce sulfur content from natural gas are major driving factors for revenue growth of molybdenum disulfide market in this segment.
  • Molybdenum disulfide market in Asia Pacific is expected to register fastest CAGR over the forecast period owing to the fast expansion of the construction and aviation industry in China. With over 200 small aircraft parts producers, the country's aviation parts and assembly manufacturing industry is quickly expanding. Rising construction activities, increasing demand for electronics products, and growing aviation sector are some key factors expected to drive revenue growth of Asia Pacific molybdenum disulfide market.
  • Major companies in the global market include Moly Metal LLP, Rose Mill Company, China Molybdenum Co., Ltd, Yogi Dye Chem Pvt. Ltd., Omkar Speciality Chemicals Ltd., Sisco Research Laboratories Pvt. Ltd., US Research Nanomaterials, Inc., American Elements, Fuchs Petrolub SE, DuPont de Nemours, Inc., among others.

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For the purpose of this report, Reports and Data has segmented molybdenum disulfide market based on form, application, end-use, and region:

Form Outlook (Volume, Tons; 2019-2030 and Revenue, USD Million; 2019-2030)

  • Powder
  • Crystals

Application Outlook (Volume, Tons; 2019-2030 and Revenue, USD Million; 2019-2030)

  • Greases
    • Machinery Parts
    • Others (Transportation & Mining)
  • Pastes
    • Machinery Parts
    • Splines
    • Gears
    • Universal Joints
    • Metal forming
  • Oil & Synthetic Fluid
    • Gears
    • Reducers
    • Cams
    • Others
  • Water Suspensions
    • Lubrication
    • Threads
    • Slices
    • Packaging
    • Die Casting
  • Coatings
    • Threads
    • Tools
    • Switches
    • Locks
    • Valves
    • Slide
    • Process Lubrication
    • Metal Working
  • Metal Working Compounds
    • Extrusion
    • Cold Forming
    • Wire Drawing
    • Deep Drawing
  • Pure/Mix Powders
    • Punch Line
    • Forming
    • Stamping
    • Relays
    • Switches
    • Packaging

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End-Use Outlook (Volume, Tons; 2019-2030 and Revenue, USD Million; 2019-2030)

  • Chemical & Petrochemical
  • Automotive
  • Industrial Usage
  • Aerospace & Defense
  • Construction
  • Electronics
    • Electrochemical Sensors
    • Biosensor
    • Others
  • Metal & Mining
  • Others

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Regional Outlook (Volume, Tons; 2019-2030 and Revenue, USD Million; 2019-2030)

  • North America 
    • US 
    • Canada 
    • Mexico 
  • Europe 
    • Germany 
    • UK 
    • France 
    • Italy 
    • Spain
    • Sweden
    • BENELUX 
    • Rest of Europe 
  • Asia Pacific 
    • China 
    • India 
    • Japan 
    • South Korea 
    • Rest of APAC 
  • Latin America 
    • Brazil 
    • Rest of LATAM 
  • Middle East & Africa 
    • Saudi Arabia 
    • UAE 
    • South Africa
    • Israel 
    • Rest of MEA 

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