Opportunities for the Molybdenum in Automotive Market in MENA

Trends, opportunities and forecast in Molybdenum in Automotive Market in MENA to 2028 by application (engine blocks, exhaust systems, crankshaft, and piston rings), and vehicle type (passenger cars and light commercial vehicles)

Publisher: Lucintel Published: December 2019
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Opportunities for the Molybdenum in Automotive Market in MENA

Report Feature

The future of molybdenum in the automotive market in MENA looks promising with opportunities in the passenger car and light commercial vehicle markets. 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.
 
A total of 25 figures / charts and 12 tables are provided in this 60-page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of molybdenum in the  automotive market report download the report brochure.
 
Molybdenum in the  Automotive Market in MENA by Segment:
2014-2025 (US $M) (Randomized Data)
Molybdenum in the  Automotive Market in MENA by Segment


Trends and Forecasts for Molybdenum in the  Automotive  Market in MENA:
2014-2025 (US $M) (Randomized Data)

Trends and Forecasts for Molybdenum in the  Automotive  Market in MENA
 
The study includes market size and forecast for molybdenum in the automotive market in MENA by application and vehicle type 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

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, Lucintel 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.

Some of the features of “ Opportunities for the Molybdenum in  Automotive Market in MENA 2014-2025: Trends, Forecast and Competitive Analysis” include:
 
  • 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.
  • Growth opportunities: Analysis on growth opportunities in different applications and vehicle type of molybdenum in the automotive  market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

Table of Contents

Methodology

Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
 
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process. 
 

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Key Questions

  • What are some of the most promising, high-growth opportunities for molybdenum in the automotive market in MENA by application (engine blocks, exhaust systems, crankshaft, and piston rings), and vehicle type (passenger cars and light commercial vehicles)?
  • Which segments will grow at a faster pace and why?
  • What are the key factors affecting market dynamics? What are the key challenges and business risks for molybdenum in the automotive market?
  • What are the business risks and competitive threats for molybdenum in the automotive market?
  • What are the emerging trends for molybdenum in the automotive market and the reasons behind them?
  • What are some of the changing demands of customers for molybdenum in the automotive market?
  • What are the new developments in the market? Which companies are leading these developments?
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