LATIN AMERICA MOLYBDENUM MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2025 - 2032)

The Latin America Molybdenum Market is estimated to be valued at USD 698.3 Mn in 2025 and is expected to reach USD 973.3 Mn by 2032, exhibiting a compound annual growth rate (CAGR) of 4.9% from 2025 to 2032.

The Latin America molybdenum market represents a critical segment of the global specialty metals industry, characterized by its strategic importance in steel production, chemical processing, and advanced manufacturing applications.

Market Dynamics

The Latin America molybdenum market is primarily driven by the region's robust steel production industry, which accounts for the largest consumption. As molybdenum enhances steel's strength, hardness, and corrosion resistance properties essential for construction and infrastructure projects across major economies like Brazil, Argentina, and Chile. The growing petrochemical sector, particularly in countries with significant oil reserves, creates substantial demand for molybdenum-based catalysts used in hydrodesulfurization and other refining processes, supporting market expansion.

Key Features of the Study

• This report provides in-depth analysis of the Latin America molybdenum market, and provides market size (USD Mn) and compound annual growth rate (CAGR%) for the forecast period (2025–2032), considering 2024 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the Latin America molybdenum market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include CMOC Group Limited, Shaanxi Non-ferrous Metals Holding Group Co., Ltd., Zangezur Copper-Molybdenum Combine, Greenland Resources Inc, South32, Newmont Corporation, Antofagasta plc, Mitsui & Co. (Chile) Ltda., and KGHM
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The Latin America molybdenum market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the Latin America molybdenum market

Market Segmentation

• Product Type Insights (Revenue, USD Mn, 2020 - 2032)
  • Molybdenum Metal
  • Ferromolybdenum (FeMo)
  • Molybdenum Oxides
  • Molybdenum Disulfide (MoS₂)
  • Others (Sodium Molybdate, etc.)
• Purity Grade Insights (Revenue, USD Mn, 2020 - 2032)
  • Technical Grade
  • High-Purity Grade
  • Ultra-High-Purity Grade
  • Chemical Grade
  • Others (Food grade, etc.)
• End-use Industry Insights (Revenue, USD Mn, 2020 - 2032)
  • Construction
  • Automotive
  • Oil & Gas
  • Aerospace & Defense
  • Power Generation
  • Others (Medical Devices, etc.)
• Distribution Channel Insights (Revenue, USD Mn, 2020 - 2032)
  • Direct
  • Indirect (via Distribution)
• Key Players Insights
  • CMOC Group Limited
  • Shaanxi Non-ferrous Metals Holding Group Co., Ltd.
  • Zangezur Copper-Molybdenum Combine
  • Greenland Resources Inc
  • South32
  • Newmont Corporation
  • Antofagasta plc
  • Mitsui & Co. (Chile) Ltda.
  • KGHM