New York, Dec. 07, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Molybdenum in the Automotive Market Report: Trends, Forecast and Competitive Analysis" - https://www.reportlinker.com/p05835591/?utm_source=GNW

The future of molybdenum in the automotive market looks promising with opportunities in the passenger car and light commercial vehicle markets. The molybdenum in the automotive market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $1.1 billion by 2025 with a CAGR of 1% to 3% from 2020 to 2025. The major drivers for this market are increasing penetration of high strength steel per vehicle and growing demand for lithium ion batteries in electric vehicles.

An emerging trend, which has a direct impact on the dynamics of molybdenum in the automotive industry, includes increasing applications for molybdenum steel alloys in engines, such as driving pinion, cardan joints, and turbocharger housings.

In this market, engine blocks is the largest market by application, whereas mid-size cars is largest by vehicle Type. Growth in various segments of the molybdenum in the automotive market are given below:
Molybdenum in the Global Automotive Market by Segments

The study includes the molybdenum in the automotive market size and forecast for the molybdenum in the automotive market through 2025, segmented by application , vehicle type, and the region as follows:

Molybdenum in the Automotive Market by Application:
• Engine Block
• Exhaust System
• Crankshaft
• Piston Rings
• Others

Molybdenum in the Automotive Market by Vehicle Type:
• Passenger Cars
• Small Cars
• Compact Cars
• Mid-Sized Cars
• Luxury Cars
• SUVs & Crossovers
• Light Commercial Vehicles

Molybdenum in the Automotive Market by Region:
• North America
• US
• Canada
• Mexico
• Europe
• Germany
• Russia
• France
• United Kingdom
• Italy
• Asia Pacific
• China
• Japan
• India
• South Korea
• Indonesia
• The Rest of the World
• Brazil
• Turkey
Some of the molybdenum in the automotive companies profiled in this report include are Centerra Gold Inc, Codelco Mining Co.,China Molybdenum Company Ltd., Grupo Mexico, Anglo American Plc and others.

In this market, molybdenum is primarily used in steel for the manufacturing of engine blocks, exhaust systems, crankshaft, piston rings, steering components, and axel shafts. Molybdenum enhances strength, hardenability, weldability, toughness, and corrosion resistance of steel.

On the basis of its comprehensive research, The analyst forecasts that engine blocks will remain the largest segment for molybdenum material, as molybdenum improves high internal operation pressure and peak firing pressure in engines.

Asia Pacific will remain the largest region; it is also expected to witness the highest growth over the forecast period due to high vehicle production and increasing demand for advanced high strength steel (AHSS) for various engine applications.

Some of the features of this report:

• Market size estimates: Molybdenum in the automotive market size estimation in terms of value ($M) and volume (M Lbs.) shipment.
• Trend and forecast analysis: Market trend (2014-2019) and forecast (2020-2025) by end use and use industry.
• Segmentation analysis: Molybdenum in the automotive market size by product, application , and vehicle type in terms of value shipment.
• Regional analysis: Molybdenum in the automotive market breakdown by key regions such as North America, Europe, and Asia & Rest of World.
• Growth opportunities: Analysis on growth opportunities in different applications and regions of molybdenum in the automotive market.
• Strategic analysis: This includes M&A, new product development, and competitive landscape of molybdenum in the automotive market.
• Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for molybdenum in the automotive market by application (engine blocks, exhaust systems, crankshaft, and piston rings), vehicle type (passenger cars and light commercial vehicles), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks for molybdenum in the automotive market?
Q.5. What are the business risks and competitive threats for molybdenum in the automotive market?
Q.6. What are the emerging trends for molybdenum in the automotive market and the reasons behind them?
Q.7. What are some of the changing demands of customers for molybdenum in the automotive market?
Q.8. What are the new developments for molybdenum in the automotive market? Which companies are leading these developments?
Q.9. Who are the major players for molybdenum in the automotive market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products for molybdenum in the automotive market, and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity did occur in the last five years, and what has its impact been for molybdenum in the automotive industry?

Report Scope
Key Features Description
Base Year for Estimation 2019
Trend Period
(Actual Estimates) 2014-2019
Forecast Period 2020-2025
Pages 135
Market Representation / Units Revenue in US $ Billion
Report Coverage Market Trends & Forecasts, Competitor Analysis, New Product Development, Company Expansion, Merger Acquisitions & Joint Venture, and Company Profiling

Market Segments By application (engine blocks, exhaust systems, crankshaft, and piston rings), vehicle type (passenger cars and light commercial vehicles)

Regional Scope North America (The United States, Mexico, and Canada), Europe (Germany, Russia, France, the UK, and Italy), Asia Pacific (China, Japan, India, South Korea, Indonesia), and RoW (Brazil and Turkey)
Customization 10% Customization Without any Additional Cost
Read the full report: https://www.reportlinker.com/p05835591/?utm_source=GNW

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