Market Projections: Molybdenum Industry Set to Hit USD 500 Billion by 2033, with a CAGR of 4.7%

The molybdenum industry size is projected to be valued at USD 316.0 billion in 2023 and is expected to rise to USD 500 billion by 2033. The sales of molybdenum are expected to grow at a significant CAGR of 4.7% during the forecast period. Given its high electrical conductivity, molybdenum is increasingly being used in electronics, …