High-Temperature Resistance: Insights into the Molybdenum Disilicide Market
Category: Chemicals & Materials Published Date : Feb-23 ID: CVC-74619 Format: PDF Pages: 325
Report Highlights
According to a research survey conducted by ChemView Consulting, Molybdenum Disilicide Market was worth US$ 4.36 Bn in 2023. The market is expected to grow at a CAGR of 7.20% between 2023 and 2033 to hit US$ 8.75 Bn by 2033 end.
Key Market Trends
Growing Demand for Molybdenum Disilicide in Automotive Industry
The automotive industry is increasingly turning to molybdenum disilicide as a material for components such as spark plugs, exhaust systems, and other engine components. This is due to its high temperature resistance, low thermal expansion, and excellent electrical insulation properties. As the automotive industry continues to grow, the demand for molybdenum disilicide is expected to increase.
Electronics Industry Embraces Molybdenum Disilicide
Molybdenum disilicide is becoming increasingly popular in the electronics industry due to its high temperature resistance, low thermal expansion, and excellent electrical insulation properties. It is being used in a variety of applications, such as semiconductor packages, circuit boards, and other electronic components. As the electronics industry continues to grow, the demand for molybdenum disilicide is expected to increase.
Growing Demand from Renewable Energy Industry
The renewable energy industry is expected to become a key growth driver for the MoSi2 market in the coming years. MoSi2 is used in the production of solar cells, where it serves as a heating element. As the demand for solar power continues to grow worldwide, the MoSi2 market is expected to see increased demand from the renewable energy sector.
Advancements in Manufacturing Techniques
Manufacturers are focusing on developing advanced manufacturing techniques to improve the quality and performance of MoSi2. For instance, researchers are exploring the use of 3D printing technology to produce complex MoSi2 parts with improved properties. These advancements in manufacturing techniques are expected to drive market growth in the coming years.
Market Drivers
Increasing Demand for High (Temperature Applications: Driving the Molybdenum Disilicide Market
Molybdenum disilicide (MoSi2) is a ceramic material with a high melting point and excellent thermal shock resistance. It is used in a variety of high temperature applications, such as furnace components, heating elements, and thermocouples. The increasing demand for these applications is driving the growth of the molybdenum disilicide market.
Growing Automotive Industry: A Key Driver for the Molybdenum Disilicide Market
The automotive industry is one of the major consumers of molybdenum disilicide. The material is used in the production of spark plugs, exhaust systems, and other components. The growing automotive industry is expected to drive the growth of the molybdenum disilicide market.
Growing Demand for Refractory Materials: Boosting the Molybdenum Disilicide Market
Molybdenum disilicide is a refractory material, which is used in the production of crucibles, furnace linings, and other components. The growing demand for refractory materials is expected to drive the growth of the molybdenum disilicide market. Molybdenum Disilicide is a ceramic material that is used in a variety of applications, such as electrical insulation, high temperature insulation, and corrosion resistance. It is also used in the production of semiconductors, medical devices, and other industrial components.
Segmentation Insights
After conducting a comprehensive analysis of the Molybdenum Disilicide Market, we have identified the top three trending segments in the industry. These segments are experiencing high demand, robust growth, and significant market adoption.
Most Popular (Fastest Growth Rate)
Industrial Application (Up to 1700 Deg.)
Molybdenum Disilicide with temperature grade up to 1700 Deg. has emerged as the most popular choice in the Industrial Application segment. Its high temperature resistance, excellent thermal conductivity, and superior mechanical properties make it ideal for various industrial applications, such as furnace heating elements, thermocouples, and ceramics sintering. Its cost effectiveness, coupled with its superior performance, has made it a go to choice for many industrial end users.
Most Selling (Largest Market Share)
Electronics (End use Industry)
Above 1900 Deg. Molybdenum Disilicide with temperature grade above 1900 Deg. is the most selling product in the Electronics End use Industry segment. Its exceptional high temperature stability, superior electrical conductivity, and resistance to oxidation make it the preferred choice for various electronic applications such as heating elements, semiconductors, and electrical contacts. Its robust mechanical properties and high purity levels have also contributed to its widespread adoption in the electronics industry.
Trending (Gaining Traction)
Grade Molybdenum
Disilicide of Pharmaceutical Grade is gaining significant traction in the market, catering to the growing demand from the pharmaceutical industry. Its exceptional high temperature resistance, biocompatibility, and low toxicity make it ideal for various pharmaceutical applications, such as catalysis, drug delivery, and tissue engineering. As more pharmaceutical companies seek to leverage the unique properties of Molybdenum Disilicide to develop innovative drugs and medical devices, this segment is poised to become a trending segment in the market.
Regional Insights
North America: Rising Demand for High-Temperature Furnaces and Heating Elements to Drive Molybdenum Disilicide Market in North America
The North America MoSi2 market is primarily driven by the increasing demand from the aerospace and defense industry, where MoSi2 is used in the production of high-temperature structural materials and components. The region is home to some of the leading aerospace and defense companies, including Boeing, Lockheed Martin, and Northrop Grumman, which are major consumers of MoSi2.
Moreover, the increasing demand for advanced materials with superior high-temperature properties in the automotive and electronics industries is expected to further boost market growth. MoSi2 is also used in the production of semiconductors and solar cells.
Some of the leading players operating in the North America MoSi2 market include H.C. Starck, Stanford Advanced Materials, and Elmet Technologies LLC. These companies are focusing on product innovation, expanding their distribution networks, and building strong relationships with customers to maintain their market position.
Europe: Rising Demand for High-Temperature Furnace Applications and Europe’s Focus on Renewable Energy to Drive Molybdenum Disilicide Market Growth
The Molybdenum Disilicide market in Europe is expected to witness significant growth in the coming years, driven by the increasing demand for high-temperature materials in various industries such as aerospace, defense, and automotive. Molybdenum Disilicide is a high-temperature ceramic material that exhibits excellent thermal and electrical conductivity, making it ideal for use in high-temperature applications.
The aerospace industry is a major consumer of Molybdenum Disilicide in Europe, where it is used in the production of components such as turbine blades, exhaust systems, and thermal protection systems for space vehicles. Moreover, the growing demand for high-temperature materials in the defense and automotive industries is expected to further boost market growth in the region.
Germany, France, and the United Kingdom are the largest markets for Molybdenum Disilicide in Europe, with key players including H.C. Starck GmbH, Materion Corporation, Morgan Advanced Materials, and Plansee SE. These companies are focusing on product innovation, expanding their distribution networks, and building strong relationships with customers to maintain their market position.
Asia Pacific: Rising Demand from Aerospace, Automotive, and Electronics Industries to Drive Molybdenum Disilicide Market in Asia Pacific
The Molybdenum Disilicide (MoSi2) market in Asia Pacific is expected to witness significant growth in the coming years, driven by the increasing demand from the aerospace, automotive, and electronics industries. MoSi2 is a refractory ceramic material that has excellent high-temperature properties, including high melting point, high thermal conductivity, and excellent oxidation resistance.
In the aerospace industry, MoSi2 finds application in the production of gas turbine components, such as combustion liners, turbine blades, and exhaust nozzles, due to its high-temperature resistance and thermal shock resistance. In the automotive industry, MoSi2 is used in the production of catalytic converters, where it serves as a heating element. In the electronics industry, MoSi2 is used in the production of heating elements, resistors, and sensors.
The Asia Pacific region is home to some of the leading players operating in the global MoSi2 market, including H.C. Starck GmbH, Mitsubishi Chemical Corporation, and Plansee SE. These companies are focusing on expanding their production capacities, investing in R&D, and enhancing their distribution networks to maintain their market position.
Research Scope/Taxonomy
Market Analysis by Temperature Grade:
Market Analysis by Application:
Market Analysis by Grade:
Market Analysis by End-use Industry:
Market analysis by Region:
Key Companies Profiled
1.1. Global Market Snapshot
1.2. Key Success Factors
1.3. Strategic Analysis and Recommendations
2.1. Market Taxonomy
2.2. Market Definitions
3.1. Preliminary Investigation & Research Design
3.2. Secondary Research & Primary Research
3.3. Data Analysis & Econometric Modelling
3.4. Expert Data Validation
4.1. Supply-Side Trends
4.2. Demand-Side Trends
5.1. Global Market Value (US$ Mn) Analysis, 2017 – 2032
5.2. Incremental $ Opportunity Index, 2022-2032
5.3. Global Market Volume (Tons) Analysis, 2017 – 2032
6.1. Regional Level Pricing Analysis and Forecast
6.1.1. Manufacturers Level Pricing
6.1.2. Distributor Level Pricing
6.2. Global Pricing Analysis Benchmark
6.3. Cost Breakdown Analysis
7.1. Cross Analysis of Application W.R.T. Grade
8.1. Regional Supply Vs. Demand Gap Assessment
8.2. Top Producing Countries Analysis
9.1. Macroeconomic Factors
9.2. Forecast Factors
9.3. Market Dynamics
9.3.1. Driver
9.3.2. Restraint
9.3.3. Opportunity
9.4. Supply Chain Analysis
9.4.1. List Raw Material Suppliers
9.4.2. List of Manufacturers
9.4.3. List of Distributors
9.4.4. List of End-Users
9.4.5. End-Users Consumption Analysis
9.4.6. Average Profitability Margin Analysis
9.5. Covid-19 Impact Assessment
9.5.1. Economy/Cluster Projections
9.5.2. Covid-19 Economic Assessment
9.5.3. Impact on Target Market
9.5.4. Recovery Scenario
9.6. Regulatory Framework
9.6.1. Regulations of Key Countries
9.6.2. Potential Impact of Regulations
9.7. Porter’s Five Forces Analysis
9.8. Technology Landscape
10.1. Introduction
10.2. Key Market Trends
10.3. Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Temperature Grade [Value (US$ Mn) and Volume (Tons) Analysis]
10.3.1. 97% Purity
10.3.2. 99% Purity
10.4. Market Attractiveness Analysis by Temperature Grade
11.1. Introduction
11.2. Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Application [Value (US$ Mn) and Volume (Tons) Analysis]
11.2.1. Industrial
11.2.2. Laboratory
11.3. Market Attractiveness Analysis by Application
12.1. Introduction
12.2. Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Grade [Value (US$ Mn) and Volume (Tons) Analysis]
12.2.1. Agriculture
12.2.2. Pharmaceutical
12.2.3. Technical
12.3. Market Attractiveness Analysis by Grade
13.1. Introduction
13.2. Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By End-use Industry [Value (US$ Mn) and Volume (Tons) Analysis]
13.2.1. Agriculture
13.2.2. Food Processing
13.2.3. Electronics
13.2.4. Steel
13.2.5. Glass
13.2.6. Ceramics
13.2.7. Pharmaceuticals
13.3. Market Attractiveness Analysis by End-use Industry
14.1. Introduction
14.2. Key Market Trends
14.3. Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Region [Value (US$ Mn) and Volume (Tons) Analysis]
14.3.1. North America
14.3.2. Latin America
14.3.3. Europe
14.3.4. Asia-Pacific
14.3.5. Middle East
14.3.6. Africa
14.4. Market Attractiveness Analysis by Region
15.1. Introduction
15.2. Key Market Trends
15.3. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
15.3.1. By Country
15.3.1.1. U.S.
15.3.1.2. Canada
15.3.2. By Temperature Grade
15.3.3. By Application
15.3.4. By Grade
15.3.5. By End-use Industry
15.4. Market Attractiveness Analysis
15.4.1. By Country
15.4.2. By Temperature Grade
15.4.3. By Application
15.4.4. By Grade
15.4.5. By End-use Industry
16.1. Introduction
16.2. Key Market Trends
16.3. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
16.3.1. By Country
16.3.1.1. Brazil
16.3.1.2. Mexico
16.3.1.3. Rest of Latin America
16.3.2. By Temperature Grade
16.3.3. By Application
16.3.4. By Grade
16.3.5. By End-use Industry
16.4. Market Attractiveness Analysis
16.4.1. By Country
16.4.2. By Temperature Grade
16.4.3. By Application
16.4.4. By Grade
16.4.5. By End-use Industry
17.1. Introduction
17.2. Key Market Trends
17.3. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
17.3.1. By Country
17.3.1.1. Germany
17.3.1.2. Italy
17.3.1.3. France
17.3.1.4. UK
17.3.1.5. Spain
17.3.1.6. Netherlands
17.3.1.7. Norway
17.3.1.8. Russia
17.3.1.9. Rest of Europe
17.3.2. By Temperature Grade
17.3.3. By Application
17.3.4. By Grade
17.3.5. By End-use Industry
17.4. Market Attractiveness Analysis
17.4.1. By Country
17.4.2. By Temperature Grade
17.4.3. By Application
17.4.4. By Grade
17.4.5. By End-use Industry
18.1. Introduction
18.2. Key Market Trends
18.3. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
18.3.1. By Country
18.3.1.1. China
18.3.1.2. Japan
18.3.1.3. South Korea
18.3.1.4. India
18.3.1.5. Indonesia
18.3.1.6. Thailand
18.3.1.7. Vietnam
18.3.1.8. Australia & New Zealand
18.3.1.9. Rest of Asia-Pacific
18.3.2. By Temperature Grade
18.3.3. By Application
18.3.4. By Grade
18.3.5. By End-use Industry
18.4. Market Attractiveness Analysis
18.4.1. By Country
18.4.2. By Temperature Grade
18.4.3. By Application
18.4.4. By Grade
18.4.5. By End-use Industry
19.1. Introduction
19.2. Key Market Trends
19.3. Pricing Analysis
19.4. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
19.4.1. By Country
19.4.1.1. Saudi Arabia
19.4.1.2. Turkey
19.4.1.3. U.A.E.
19.4.1.4. Rest of the Middle East
19.4.2. By Temperature Grade
19.4.3. By Application
19.4.4. By Grade
19.4.5. By End-use Industry
19.5. Market Attractiveness Analysis
19.5.1. By Country
19.5.2. By Temperature Grade
19.5.3. By Application
19.5.4. By Grade
19.5.5. By End-use Industry
20.1. Introduction
20.2. Key Market Trends
20.3. Pricing Analysis
20.4. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
20.4.1. By Country
20.4.1.1. South Africa
20.4.1.2. Nigeria
20.4.1.3. Egypt
20.4.1.4. Rest of Africa
20.4.2. By Temperature Grade
20.4.3. By Application
20.4.4. By Grade
20.4.5. By End-use Industry
20.5. Market Attractiveness Analysis
20.5.1. By Country
20.5.2. By Temperature Grade
20.5.3. By Application
20.5.4. By Grade
20.5.5. By End-use Industry
21.1. Tier Structure Breakdown
21.2. Market Share Analysis
21.3. Production Capacity Analysis
21.4. Company Footprint Analysis
21.4.1. Product Footprint of Players
21.4.2. Regional Footprint of Players
21.4.3. Channel Footprint of Players
21.5. Brand Preference Analysis
21.6. Competition Dashboard
22.1. Zhengzhou Chida
22.1.1. Company Overview
22.1.2. Product & Financial Portfolio
22.1.3. Manufacturing Facilities
22.1.4. Recent Developments
22.1.5. SWOT Analysis
22.1.6. Strategy Overview
22.2. I Squared R
22.3. Yantai Torch
22.4. American Elements
22.5. Shanghai Caixing
22.6. MHI
22.7. ZIRCAR
22.8. SCHUPP
22.9. Kanthal