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Molybdenum Disulfide (MoS2) Market to Grow by USD 99.6 Million from 2024-2028, Driven by Rising Demand from End-User Industries and AI-Driven Market Transformation – Technavio

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NEW YORK, Nov. 6, 2024 /PRNewswire/ — Report with the AI impact on market trends – The global molybdenum disulfide (MOS2) market size is estimated to grow by USD 99.6 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 4.2% during the forecast period. Increasing demand due to growing end-user industries is driving market growth, with a trend towards increased construction activities to provide enhanced opportunities. However, presence of alternative materials poses a challenge.Key market players include American Elements, ARK Co. Ltd., Centerra Gold, EPRUI Biotech Co. Ltd., Freeport McMoRan Inc., FUCHS PETROLUB SE, JinMo Group, Luoyang Shenyu Molybdenum Co. Ltd, McGee Industries Inc., Moly Metal LLP, Omkar Speciality Chemicals, Rose Mill Co., Sigma Aldrich Chemicals Pvt Ltd, Shanghai Xinglu Chemical Technology Co. Ltd., Treibacher Industrie AG, and US Research Nanomaterials Inc..

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Molybdenum Disulfide (MoS2) Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 4.2%

Market growth 2024-2028

USD 99.6 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

4.0

Regional analysis

APAC, North America, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 52%

Key countries

Germany, China, US, India, and Japan

Key companies profiled

American Elements, ARK Co. Ltd., Centerra Gold, EPRUI Biotech Co. Ltd., Freeport McMoRan Inc., FUCHS PETROLUB SE, JinMo Group, Luoyang Shenyu Molybdenum Co. Ltd, McGee Industries Inc., Moly Metal LLP, Omkar Speciality Chemicals, Rose Mill Co., Sigma Aldrich Chemicals Pvt Ltd, Shanghai Xinglu Chemical Technology Co. Ltd., Treibacher Industrie AG, and US Research Nanomaterials Inc.

Market Driver

The global molybdenum disulfide (MOS2) market is set to experience notable growth due to its increasing usage in construction activities. MoS2 is a preferred choice for construction machinery and equipment due to its excellent lubrication properties, which enhances their efficiency and lifespan. Its ability to endure high pressures and temperatures makes it suitable for heavy-duty applications. Moreover, MoS2 is employed in protective coatings to safeguard structures from corrosion and wear, increasing its demand in the construction sector. With urbanization and infrastructure development on the rise, particularly in emerging economies, the requirement for efficient construction materials like MoS2 is anticipated to expand. This trend is likely to generate lucrative opportunities for MoS2 manufacturers and suppliers, contributing to the expansion of the market. The material’s versatility and effectiveness in diverse applications make it an essential component in contemporary construction projects, fostering innovation and efficiency throughout the industry. Therefore, these factors are projected to fuel the growth of the MoS2 market during the forecast period. 

The Molybdenum Disulfide (Mos2) market is experiencing significant growth due to its unique properties in various industries. In the aerospace sector, Mos2 is used for lubrication in bearings and chassis, providing excellent friction reduction and corrosion resistance. In the transportation sector, Mos2 is utilized as a solid lubricant in heavy vehicles and railway grease, enhancing oxidation resistance and chemical stability. Mos2 is also a popular choice in the electronics industry for its electrical conductivity and use in semiconductors. General engineering and manufacturing processes benefit from Mos2’s high conductivity and quality control capabilities. Urbanization and infrastructure investments have led to increased demand for Mos2 in water treatment and petrochemicals, where it is used as an alternative to Tungsten disulfide in engine oils and transmission fluids. Mos2’s inorganic compound structure offers superior corrosion resistance and chemical stability. Moreover, Mos2’s use extends to advanced semiconductor technology, light emitting diodes, lasers, and super capacitors. Its trending use as an OEM lubricant and in microelectronics highlights its importance in high-tech industries. With growing environmental awareness, Mos2’s use as a solid lubricant in various industries offers a sustainable solution for friction reduction. 

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Market Challenges

The Molybdenum Disulfide (MoS2) market may face challenges due to the availability of alternative materials, specifically Tungsten Disulfide (WS2). WS2 shares a similar lamellar structure and features with MoS2, including a low coefficient of friction, good chemical stability, and thermal stability. With the advancement of mechanical exfoliation techniques, single layers of WS2 can be isolated, revealing its unique properties. WS2’s bandgap changes from indirect to direct when transitioning to a 2D material, making it a promising material for various applications. Like MoS2, WS2 boasts a high on/off ratio in field-effect transistors, controllable spin and valley polarization, and tunable photoluminescence. Consequently, the presence of WS2 as a viable alternative may hinder the growth of the MoS2 market during the forecast period.The Molybdenum Disulfide (Mos2) market is experiencing significant growth due to its unique properties in various industries. In microelectronics, Mos2 is used as an alternative to Tungsten disulfide in high-tech industries for its superior conductivity and electrical stability in semiconductors and advanced semiconductor technology. In infrastructure investments, Mos2 is utilized in water treatment for its chemical stability and corrosion resistance. The petrochemical industry uses Mos2 in engine oils and transmission fluids for friction reduction and lubrication. In the manufacturing processes of super capacitors, Mos2’s high conductivity and electrical stability are essential. For infrastructure development, Mos2’s use in construction as a reinforcing agent is increasing. The aerospace and defense industry, electric vehicles, and automotive production also benefit from Mos2’s lightweight, high-strength, and excellent thermal stability. The transition metal dichalcogenide is also used in lubricants for commercial airplanes, consumer electronics, and greases. The environmental awareness trend is driving the demand for Mos2 in the production of lubricants for electric vehicles. The challenges for the Mos2 market include ensuring quality control, cost-effective manufacturing processes, and the development of alternatives to crystalline MoS2 for specific applications. The military sector is also exploring the potential uses of Mos2 in various applications due to its excellent conductivity, conductive stability, and friction coefficient.

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Segment Overview

This molybdenum disulfide (mos2) market report extensively covers market segmentation by

Product 1.1 Powder1.2 CrystalGeography 2.1 APAC2.2 North America2.3 Europe2.4 South America2.5 Middle East and Africa

1.1 Powder- The molybdenum disulfide (MoS2) powder segment holds a significant position in the global MoS2 market due to its extensive applications. Its exceptional lubrication properties make it a preferred choice in industries such as automotive, aerospace, and industrial machinery. MoS2 powder reduces friction and wear, improving mechanical component performance and longevity. In 2022, the powder segment accounted for the largest revenue share, driven by its use in lubrication, friction reduction, and as a solid lubricant. The automotive industry benefits from MoS2 powder, enhancing engine efficiency and reducing wear on moving parts. Historically used as a lubricant in greases, MoS2 powder is a dry, insoluble in water and dilute acids, powdered lubricant ingredient. It is also employed as a co-catalyst in petrochemistry for desulfurization processes like hydrodesulfurization. These factors are expected to fuel the growth of the MoS2 powder segment in the forecast period.

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Research Analysis

Molybdenum Disulfide, also known as MoS2, is a versatile inorganic compound known for its exceptional properties, including high lubricity, oxidation resistance, and corrosion protection. It is widely used in various industries due to its ability to enhance the performance of lubricants in extreme conditions. In the transportation sector, MoS2 is extensively used in automotive production and heavy vehicles for chassis lubrication and in railway grease. The electric vehicle industry also utilizes MoS2 in lubricants for improved efficiency and longevity. In the aerospace and defense sector, MoS2 is used in lubricants for bearings and other critical components due to its high performance under extreme temperatures and pressures. The electrical and electronics industry uses MoS2 in the form of powders and crystals for applications such as lubricants in LEDs, lasers, and water treatment. The petrochemical industry uses MoS2 in engine oils and transmission fluids to enhance their performance and longevity. Overall, Molybdenum Disulfide is a valuable resource for various industries, offering superior lubrication, oxidation resistance, and corrosion protection.

Market Research Overview

Molybdenum Disulfide (Mos2), a transition metal dichalcogenide, is a versatile inorganic compound with unique properties that make it an essential component in various industries. Its high thermal and conductive stability, low friction coefficient, and excellent lubrication properties make it an ideal choice for use in lubricants, particularly in the transportation sector. In automotive production, Mos2 is used in greases for chassis lubrication and in heavy vehicles for bearing applications. In the aerospace and defense industry, it is used for corrosion protection and oxidation resistance in commercial airplanes and military applications. In the electrical and electronics sector, Mos2 is used in solid lubricants for microelectronics, semiconductors, and advanced semiconductor technology. Its use extends to the construction industry for infrastructure investments, and in the petrochemical industry for engine oils and transmission fluids. Mos2 is also used in the manufacturing processes of light emitting diodes, lasers, and water treatment systems. Its high electrical conductivity and chemical stability make it an essential component in super capacitors and batteries. The growing trend towards electric vehicles and environmental awareness is driving the demand for Mos2 as an alternative to traditional lubricants like tungsten disulfide.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ProductPowderCrystalGeographyAPACNorth AmericaEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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MyDataRemoval Proven More Effective Than Competing Data Removal Services [updated links]

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November 23, 2024

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Internal and external reports show MyDataRemoval to be the most effective personal data removal service. MyDataRemoval has achieved over 70% data removal within the first week and 90% within four months, outperforming industry competitors who average 26% in the first week and 35% within four months.

LAS VEGAS, Nov. 23, 2024 /PRNewswire-PRWeb/ — Recent findings from a consumer advocacy group have raised concerns about the effectiveness of people-search site removal services, revealing high rates of ineffectiveness among tested companies. Notably, MyDataRemoval was not included in this study. In response, MyDataRemoval conducted an internal audit [updated link] to evaluate its standing relative to the competition, revealing that it was already leading the industry. Building on this success, MyDataRemoval has since enhanced its methodologies and technologies for data removal. As a result, MyDataRemoval is now reaching a 90% removal rate within four months and exceeding a 70% removal rate within the first week—results that place it well above the competition.

MyDataRemoval will remove your data from people search sites more effectively than anyone else out there.

Over 70% of personal data removed within the first week: MyDataRemoval successfully removed over 70% of personal data from people-search websites within just one week, outperforming all other services tested by Consumer Reports.Effectiveness over time: MyDataRemoval maintained superior performance compared to other data removal services, with 80% of data removed within one month and 90% within four months.Competitor Comparison in one week: The average effectiveness for the first week across competing services was 30%, whereas MyDataRemoval removed over 70%, demonstrating a clear advantage.Competitor Comparison at four months: Competing services demonstrated significantly lower data removal rates, with some services removing only 27% of personal data within four months.

MyDataRemoval’s internal audits have demonstrated that the service is not only more effective in the initial stages of data removal but also continues to outperform over time. Its proprietary methods, commitment to ongoing audits, and dedication to continuous improvement ensure that it remains a leader in data removal.

MyDataRemoval acknowledges that while current effectiveness rates are industry-leading, there is still room for growth. The goal is to achieve over 90% removal rates across all categories and time frames. MyDataRemoval is committed to conducting monthly audits and making these results publicly available to ensure transparency and continuous improvement. You can see the most recent audit results here [updated link].

Privacy is more important than ever, and MyDataRemoval is here to help individuals reclaim theirs. Do not settle for ineffective data removal—trust the service that has been proven to deliver results. Find MyDataRemoval at www.mydataremoval.com or contact us at hello@mydataremoval.com or call (855) 700-2914 to start your journey towards a more private online presence.

Stay tuned for our monthly audit updates to see how we are continuously improving to make your personal information private once again.

Audit date: 8/9/2024

Profiles removed within 1 week: 85%Profiles removed within 1 month: 71%Profiles removed within 4 months: 73%

Audit date: 9/9/2024

Profiles removed within 1 week: 85%Profiles removed within 1 month: 78%Profiles removed within 4 months: 92%

Audit date: 10/9/2024

Profiles removed within 1 week: 59%Profiles removed within 1 month: 81%Profiles removed within 4 months: 90%

Audit date: 11/9/2024

Profiles removed within 1 week: 77%Profiles removed within 1 month: 81%Profiles removed within 4 months: 90%

Media Contact

James Wilson, MyDataRemoval, 1 8557002194, hello@mydataremoval.com, https://www.mydataremoval.com

View original content:https://www.prweb.com/releases/mydataremoval-proven-more-effective-than-competing-data-removal-services-updated-links-302313853.html

SOURCE MyDataRemoval

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AABE, FPL and Partners Hosted the Blacks in Energy Event and Generator Build Competition at Palm Beach Lakes Community High School

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November 23, 2024

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Black Energy Awareness Month event in West Palm Beach.

WEST PALM BEACH, Fla., Nov. 23, 2024 /PRNewswire-PRWeb/ — In recognition of Black Energy Awareness Month, members of the American Association of Blacks in Energy (AABE), Florida Chapter, partnered with Florida Power & Light Company (FPL), and others, to host and conduct a Generator Build Competition at Palm Beach Lakes Community High School in West Palm Beach, Florida.

“It is such a joy and delight to witness the determination of these young and ambitious students who are focused-driven and eager to excel,” says Whitney Walker, Lead Community Relations Specialist with Next Era Energy/FPL.

During the event, high school students were provided with an overview of the energy industry and introduced to the field of engineering. The students met with and heard from engineers and senior managers in the industry, and took part in the generator build competition, where they learned the basics of generator theory and how electric voltage is created. Each member of the competition’s winning team received a $50 gift card.

“It is such a joy and delight to witness the determination of these young and ambitious students who are focused-driven and eager to excel,” says Whitney Walker, Lead Community Relations Specialist with Next Era Energy/FPL.

Other empowering speakers included: Dr. Michelle Saunders, Lead Project Manager – Distribution, Next Era Energy/FPL; Norman Riemer, SECME District Coordinator – Palm Beach County School District; Dion Watson, Director – Next Era Energy Resource Development – Next Era Energy/FPL; Oleg Andric, Department Chair & Professor, Electric Power Technology – Palm Beach State College, and Jasmine Govan, Community Relations Specialist, Next Era Energy/FPL.

This event was made possible by the generous support and involvement of the American Association of Blacks in Energy (AABE) – Florida Chapter, Florida Power & Light Company, NextEra Energy, Inc., the University of Florida – SECME of Palm Beach County School District, Palm Beach State College and Palm Beach Lakes Community High School.

About AABE

Established in 1977, the American Association of Blacks in Energy (AABE) is an association founded and dedicated to ensuring the input of African Americans and other minorities into the discussions and developments of energy policies regulations. The national membership includes more than 1,600 professionals representing every sector of the energy industry. There are 40 chapters located in states, metropolitan areas and college campuses around the country. AABE utilizes the expertise of their members to analyze energy policy and serve as a resource for community leaders, consumers, policymakers and regulators on the impact that these policies have on underrepresented communities.

The members of AABE are committed to building the pipeline of African Americans in leadership positions in the energy industry. Through scholarship programs, students who plan to major in science, mathematics, engineering and technology have the opportunity to receive scholarships on the local, regional and national level. The AABE members have the opportunity for professional development at chapter meetings, regional and national conferences. For more information about the association, visit www.aabe.org.

Media Contact

Bernadette Morris, Sonshine Communications, 1 3059488063 201, bmorris@sonshine.com

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Siemon Introduces Bundled Fiber Trunks for Faster, More Efficient Network Deployments

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2 hours ago

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November 23, 2024

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The Siemon Company, a global leader in network infrastructure solutions, is proud to announce the launch of its new Bundled Fiber Trunks. Designed to streamline fiber optic network installations and reduce deployment time, Siemon Bundled Fiber Trunks offer a cost-effective and reliable option for a variety of projects.

WATERTOWN, Conn., Nov. 23, 2024 /PRNewswire-PRWeb/ — The Siemon Company, a global leader in network infrastructure solutions, is proud to announce the launch of its new Bundled Fiber Trunks. Designed to streamline fiber optic network installations and reduce deployment time, Siemon Bundled Fiber Trunks offer a cost-effective and reliable option for a variety of projects.

Siemon Bundled Fiber Trunks are a game-changer for network installations. By simplifying the process and reducing installation time, we’re empowering our customers to achieve their project goals more efficiently and effectively.

Siemon Bundled Fiber Trunks combine high-performance fiber cables into a single, easy-to-manage bundle, optimizing pathway fill and significantly accelerating installation. With up to a 50% faster deployment rate, this innovative solution helps businesses and organizations reduce project costs and time-to-market.

“Siemon Bundled Fiber Trunks are a game-changer for network installations,” said Tony Walker, Siemon Fiber Product Marketing Manager. “By simplifying the process and reducing installation time, we’re empowering our customers to achieve their project goals more efficiently and effectively.”

Key features of Siemon Bundled Fiber Trunks include:

Streamlined installation: Reduced pathway fill and faster deploymentExceptional performance: Equivalent to single-jacket fiberDurability: Robust construction for reliable performanceVersatility: Available in a wide range of configurations

For more information about Siemon Bundled Fiber Trunks and other Siemon products, please visit www.siemon.com.

About Siemon

Established in 1903, Siemon is an industry leader specializing in the design and manufacture of high-quality, high-performance IT infrastructure solutions and services for Data Centers, LANs, and Intelligent Buildings. Headquartered in Connecticut, USA, with global sales, technical, and logistics expertise spanning 150 countries, Siemon offers the most comprehensive suites of copper and optical fiber cabling systems, racks, cable management, and Intelligent Infrastructure Management solutions. With more than 400 patents specific to structured cabling, Siemon Labs invests heavily in R&D and the development of Industry Standards, underlining the company’s long-standing commitment to its customers and the industry. Through an ongoing commitment to waste and energy reduction, Siemon’s environmental sustainability benchmarks are unparalleled in the industry.

Contact Information

Brian Baum

brian_baum@siemon.com

Media Contact

Brian Baum, Siemon, 1 8609454200, brian_baum@siemon.com

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