Skip to main content

Molybdenum Trioxide Nanopowder Market to Reach US$ 5.3 Bn by the End of 2031: TMR Study

WILMINGTON, DE / ACCESSWIRE / December 2, 2022 / Transparency Market Research Inc. - The global Molybdenum Trioxide Nanopowder Market is projected to rise at a CAGR of 13.5% during the forecast period, 2022 to 2031. Because of their high oxidation state and uncommon layered structure, (MoO3) nanoparticles are used in a variety of applications. It has advantageous electronic and optical properties, which further propels the Molybdenum Trioxide Nanopowder Market demand.

Transparency Market Research inc., Friday, December 2, 2022, Press release picture

As per the molybdenum trioxide nanopowder industry trends, the increasing demand for renewable sources of energy and power is boosting the growth of this market. The rising use of electrochemical energy for sustainable energy is projected to augment the molybdenum trioxide nanopowder growth in the forecast period.

The increasing use of molybdenum trioxide nanopowder in catalysts for the manufacture of multiple chemicals will aid in the expansion of this market in the forecast period. Catalysts help to reduce toxicity, the time needed for a reaction to produce chemicals, and pollution, and thus, they are currently in high demand. The rise in awareness about pollution control and government measures to control or reduce pollution levels are expected to increase the Molybdenum Trioxide Nanopowder Market demand in the future.

The global Molybdenum Trioxide Nanopowder Market is projected to rise from a revenue of US$ 1.6 Bn in 2021 to reach a value of US$ 5.3 Bn by the end of 2031.

Request FREE Sample:
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=79008

Key Findings of Study -

Increasing Need for High-Energy Capacitors Will Boost Demand: molybdenum trioxide nanoparticles provide high potential in the creation of high-energy capacitors. They are also used for the production of supercapacitors that are also used for energy storage in the renewable energy industry. Carbon such as graphene can be installed with MoO3 nanoparticles for use as an organic electrolyte for high-energy lithium-ion capacitors. Such uses will boost the demand for MoO3 in the future market.

Increasing Demand for Electronic Devices Will Drive Growth: Electrochemical storage of energy systems has the ability to make significant contributions to achieving sustainable energy. They release energy in the form of electricity and are used for absorption and storage purposes. As a result, the demand for portable, and flexible electronics and electricity storage devices, will increase sales of fuel cells and supercapacitors. The use of molybdenum trioxide nanopowder in these devices will automatically promote the growth of this market in the future.

Make an Enquiry Before Buying:
https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=79008

Key Drivers -

Energy storage systems are critical for storing renewable energy. They also help with the efficient integration of renewable energy into the grid. Increased investment in renewable energy is anticipated to help achieve the surge in global energy demand. Thus, heavy investments in molybdenum trioxide nanopowder manufacturing units from the renewable energy sector will bolster the growth of this market.

Regional Growth Dynamics -

North America emerged dominant in 2021 with a 35.6% share in the market and will further grow at a CAGR of 14.2% during the forecast period. The presence of major manufacturing industries such as glass, chemicals, textiles, ceramics, and others and the high demand for MoO3 to use in various applications will help this regional market flourish.

Asia Pacific market will witness rapid growth in the forecast period on account of the increasing demand from the healthcare and personal care industries as well as the electronics sector.

Key Players -

Some of the key molybdenum trioxide nanopowder manufacturers include Merck KGaA, American Elements, US Research Nanomaterials Inc., Shanghai Theorem Chemical Technology Co. Ltd., Hunan Fushel Technology Ltd., SAT Nano Technology Material Co. Ltd., Nano Research Elements Inc., Novarials Corporation, Edgetech Industries LLC, Skyspring Nanomaterials Inc., Nanografi Nano Technology, Nanoshel LLC., and others.

Ask References:
https://www.transparencymarketresearch.com/sample/sample.php?flag=ARF&rep_id=79008

Molybdenum Trioxide Nanopowder Market Segmentation -

Particle Size

  • <80 nm
  • 80-100 nm
  • Others

Purity

  • >99.99%
  • ≥99.94%-99.99%
  • ≥99.5%-99.94%
  • Others

Application

  • Catalysts
  • Electrochemical Capacitors
  • Nanofibers
  • Nanowires
  • Optoelectronic Components
  • Gas Sensors
  • Lithium-ion Batteries
  • Others

End-use Industry

  • Electronics
  • Automotive and Transportation
  • Chemicals
  • Textiles
  • Ceramics
  • Glass
  • Others

Regions

  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • Latin America

Countries

  • U.S.
  • Canada
  • Germany
  • U.K.
  • France
  • Spain
  • Italy
  • Russia & CIS
  • China
  • India
  • Japan
  • ASEAN
  • Brazil
  • Mexico
  • GCC
  • South Africa

Browse More Chemicals and Materials Reports by TMR:

Smart Fabrics Market -Smart Fabrics Market is expected to surpass the value of US$ 21.8 Bn by 2031

Polyvinyl Chloride Market - Polyvinyl Chloride Market is expected to surpass the value of US$ 100.9 Bn by 2031.

Ethyl Lactate Market - Ethyl Lactate Market is expected to surpass the value of US$ 6.2 Bn by 2031

Slack Wax Market - Wax Market is expected to surpass the value of US$ 4.5 Bn by 2031.

Minerals Market for Lithium Batteries - Minerals Market for Lithium Batteries to Register CAGR of 15.2%from 2022 to 2031

Chloromethane Market - Chloromethane Market is expected to surpass the value of US$ 5.4 Bn by 2031.

High-Purity Alumina Market - High Purity Alumina Market is expected to surpass the value of US$ 8.2 Bn by 2031.

Single-walled Carbon Nanotube Market - Single-walled Carbon Nanotube Market is expected to surpass the value of US$ 24.1 Bn by 2031

About Transparency Market Research

Transparency Market Research, a global market research company registered in Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analyzed, which will determine growth in the markets over the next decade.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

For More Research Insights on Leading Industries, Visit our YouTube channel -https://www.youtube.com/channel/UC8e-z-g23-TdDMuODiL8BKQ

Contact Us:

Nikhil Sawlani
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll-Free: 866-552-3453
Website: https://www.transparencymarketresearch.com
Blog: https://tmrblog.com
Email: sales@transparencymarketresearch.com

SOURCE: Transparency Market Research inc.



View source version on accesswire.com:
https://www.accesswire.com/729818/Molybdenum-Trioxide-Nanopowder-Market-to-Reach-US-53-Bn-by-the-End-of-2031-TMR-Study

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.