Global Molybdic Acid Market Poised for Strong Growth Driven by Expanding Chemical and Industrial Applications

The global Molybdic Acid market is witnessing steady growth as industries increasingly adopt high-purity chemical ingredients for catalysts, corrosion inhibitors, pigments, and advanced material synthesis. According to Market Intelo, the market reached a valuation of USD 1.46 billion in 2024 and is projected to grow at a CAGR of 5.9%, reaching USD 2.61 billion by 2032. The rising demand in metallurgy, specialty chemicals, and electronics is reshaping the market landscape and positioning molybdic acid as a core ingredient across multiple high-performance applications.

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Molybdic Acid Market Research Report 2033
marketintelo.com

Molybdic Acid Market Research Report 2033

As per our latest market intelligence, the Global Molybdic Acid market size was valued at $320 million in 2024, and is forecasted to hit $470 million by 2033, growing at a robust CAGR of 4.5% during the forecast period.