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Molybdenum Market Set for Steady Expansion from 2025 to 2035
Molybdenum Market Introduction 2025-2035
Molybdenum Market Size is expected to experience substantial growth from 2025 to 2035, driven by its widespread applications across multiple industries. By 2025, the market is projected to reach approximately USD 8.47 billion. However, by 2035, it is anticipated to decline to around USD 5.64 billion, reflecting an annual growth rate of 3.4% over the decade.
Molybdenum (Mo) is a metallic element with an atomic number of 42, commonly found in various minerals. Known for its high melting point, strength, and corrosion resistance, it is widely used as an alloying agent in steel production to enhance durability and toughness. Additionally, molybdenum plays a crucial role in industries such as electronics, catalysis, and lubrication.
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Nickel Powder: Properties, Applications, and Manufacturing Processes
Nickel powder refers to fine particles of metallic nickel that have been processed into a loose powder form. This powder has a wide variety of uses across many industries due to its unique physical and chemical properties.
Physical Properties
Nickel powder has several distinctive physical attributes that make it useful for industrial applications. At room temperature, nickel powder is a hard, silvery-white metal that is odorless and tasteless. Its density is approximately 8.9 grams per cubic centimeter.
Nickel Powder is diamagnetic, meaning it is weakly repelled by a magnetic field. However, it becomes ferromagnetic when processed into bulk form. The powder has a melting point of 1,453 degrees Celsius and a boiling point of 2,732 degrees Celsius. It crystallizes in the face-centered cubic structure.
Nickel powder is notable for its high corrosion resistance, even at elevated temperatures. It maintains its strength and durability when exposed to sea water, acids, alkalis and oxidizing environments. This corrosion resistance is a primary factor driving its use in applications like coatings and alloy production.
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