Rhenium and Molybdenum, Global Market Size Forecast, Top 13 Players Rank and Market Share | |
Rhenium and Molybdenum Market Summary Rhenium and molybdenum are two metals that are by-products of the copper production process. Molybdenum does not occur in a pure state in nature, but is obtained in the form of molybdenum concentrates, that is, combined with other minerals. This concentrate, also known as molybdenite, can be obtained directly (primary molybdenite) or as a by-product of copper extraction activities (secondary molybdenite). Today, processed molybdenum is primarily a by-product of copper. Like molybdenum, rhenium does not occur in a pure form in nature. This chemical element is often combined with molybdenite, which is a by-product of copper. Rhenium is therefore obtained through cleaning and processing processes applied to molybdenite concentrates. Rhenium is commercialized primarily as rhenium metal and ammonium perrhenate. According to the new market research report "Global Rhenium and Molybdenum Market Report 2023-2029", published by QYResearch, the global Rhenium and Molybdenum market size is projected to grow from USD 3.45 million in 2023 to USD 4.07 billion by 2029, at a CAGR of 2.8% during the forecast period. This report profiles key players of Rhenium and Molybdenum such as Freeport-McMoran, Codelco, Grupo Mexico, Centerra Gold, Antofagasta plc. In 2022, the global top five Rhenium and Molybdenum players account for 43.3% of market share in terms of revenue. Above figure shows the key players ranked by revenue in Rhenium and Molybdenum. | |
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