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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..

Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF

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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SOURCE Technavio

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Zooming into the green transformation, the “Together We Act” platform for China’s dual-carbon talent plan was released

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“Empowering Green Value Chains, Contributing to New Productive Forces” Side Event was Successfully Held at COP29

BAKU, Azerbaijan, Nov. 23, 2024 /PRNewswire/ — The side event titled “Empowering Green Value Chains, Contributing to New Productive Forces” was held in Baku, Azerbaijan, during COP29. The event was jointly organized by the Vanke Foundation, C Team, and Phoenix TV. The aim of the event was to explore how industries in China can empower human capital and implement green value chains to achieve green, efficient, and low-carbon operational models under the country’s dual-carbon strategy. The goal was also to inspire new productive forces and drive the green transformation of economic and social development.

The side event brought together experts, scholars, business representatives, and NGO partners from both China and abroad to discuss the latest global trends and developments in green value chains across key industries. The event was chaired by Yang Peidan, Director of C Team. In her opening remarks, Liu Xi, Senior Manager of Climate Change and Biodiversity at the Vanke Foundation, highlighted the foundation’s vision of a “beautiful and shared future home” and its commitment to promoting environmental protection and social public welfare. She also introduced the “Net Zero Drive” Talents Acceleration Initiative, unveiling the “Together We Act” platform, a significant new step in the foundation’s efforts to align with its strategies.

Liu Yifeng, Deputy Director of C Team, provided an in-depth introduction to the “Together We Act” platform. This platform aims to cultivate and empower talents in the field of China’s dual-carbon strategy, equipping individuals with the knowledge and skills needed to better adapt to and lead the green low-carbon transformation.

C Team is implementing a strategic upgrade to support the development of emerging industry talents while facilitating the transition of workers from traditional industries. This initiative aims to create a green employment market system. According to Liu, workers in traditional industries need to adapt to the “new wave” of industry transformation, while employees in emerging sectors must quickly update their knowledge and skills to keep pace with technological advancements. Through effective training and accelerated efforts, industries, businesses, and regions can better apply technologies and management practices, achieving both technological and energy transformations.

To this end, C Team has partnered with Tencent to develop the “Together We Act” platform. The platform breaks down knowledge into “knowledge cards,” which are categorized and tailored for workers in need of transformation or upskilling. The platform offers smart, content-driven training and quantitative assessments. By using algorithms, the platform provides personalized knowledge to users and includes management features that allow administrators to assign tasks and learning objectives. Knowledge and exercises are managed separately, creating a flexible and intelligent learning system.

Additionally, C Team plans to leverage the data on workforce technology upgrades and training behaviors collected by the platform to analyze the impact of dual-transformation policies and strategies on the workforce in both corporate supply chains and regional areas. This data will help companies and local governments better understand workforce trends and provide support for industry and regional transitions.

Media’s role is also essential in promoting new productive forces. Yang Yuntong, Director of International Cooperation and Project Operations at Phoenix TV, shared that as the largest well-rounded Chinese-language cultural media group overseas, Phoenix TV has long been committed to advancing new productive forces through practical actions. The group has been actively involved in climate-change communication in China and has hosted the annual “Zero-Carbon Mission International Climate Summit” for the past four years in the lead-up to COP, providing a platform for dialogue and discussion among stakeholders and influencing corporate practices and public advocacy.

Xu Shilun, head of the ESG projects at Onewo’s Sustainable Development Center, shared that reducing energy consumption and carbon emissions in property management are key concerns for the company. Onewo is integrating its experience from managing various spaces, such as communities and office buildings, into its “Magic Stone” AI system, focusing on energy management to improve carbon management efficiency in public spaces and encourage owners and tenants to adopt greener lifestyles.

The roundtable discussion focused on two main themes: “Collaborative Innovation of Diverse Forces in Creating New Productive Forces” and “Empowering Green Value Chains to Drive the Green Transformation of Economic and Social Development”. Representatives from leading companies such as JA Solar, Anta Group, Lenovo, Carbonstop, PES, Exiss, ACT, Dasso, Hainan Deeprock, and SQUAKE participated in the discussion. The Secretary of the CPC Municipal Committee of Huzhou City, Chen Hao, also joined via video to introduce the innovative concept of “Bamboo Forest Carbon Sequestration.”

The organizers stated that the side event was not only a deep exploration of green development concepts but also a firm commitment to future sustainable development. C Team plans to further collaborate with nonprofit organizations, environmental foundations, leading enterprises, research institutions, and knowledge service platforms to jointly promote public and inclusive transformation, ensuring that high-quality training content is presented on the platform. Through collective effort and the pooling of knowledge and resources, the event sought to support industry development, regional transformation, and the green transformation of society.

About C Team:
C Team is a non-profit organization dedicated to promoting corporate climate action and sustainable development.

View original content:https://www.prnewswire.com/news-releases/zooming-into-the-green-transformation-the-together-we-act-platform-for-chinas-dual-carbon-talent-plan-was-released-302314780.html

SOURCE C Team

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Urgent Call: Donate Electronics to Empower Charities Nationwide

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TORONTO, Nov. 23, 2024 /CNW/ – This holiday season, the Electronic Recycling Association (ERA) is spreading the spirit of giving with its annual 12 Days of Electronic Giving campaign. Aiming to donate over 200 electronic devices to charities across Canada, ERA is committed to empowering organizations to deliver critical services to their communities.

However, the demand for electronics remains pressing. More than 500 charities are still on ERA’s waitlist—a number that highlights the urgent need for public and corporate donations of pre-loved technology.

“Together, We Can Create Impact”
Bojan Paduh, Founder and President of ERA, urges individuals and businesses to step up this holiday season:

“We’ve accomplished so much, but hundreds of charities are still waiting for essential technology to continue their work. I encourage everyone to consider donating their unused laptops, tablets, or cell phones. Your generosity can transform lives and reduce e-waste at the same time.”

ERA’s 12 Days of Electronic Giving campaign is already making an impact, supporting a wide range of organizations across the country, including:

Children’s Autism Services of Edmonton – Edmonton, ABWinnipeg Humane Society – Winnipeg, MBBent Arrow Traditional Healing Society – Edmonton, ABCanadian Mental Health Association – Toronto, ONYork Region Educational Services – Toronto, ONIt Takes a Village Community Outreach and Advocacy – Halifax, NSToronto Fringe – Toronto, ONMarina Housing Co-op – Vancouver, BCAgape Table Inc. – Winnipeg, MBGreater Edmonton Live-In Society – Edmonton, ABEqual Housing Initiative Inc. – Winnipeg, MBValley Community Learning Association – Kentville, NSAlberta Children’s Hospital – Calgary, AB

How You Can Help
The holidays are the perfect time to give back. If you or your organization have unused electronic devices gathering dust, ERA invites you to donate and make a meaningful difference. Whether it’s a laptop, tablet, or cell phone, every device can create opportunities, reduce e-waste, and bring hope to someone in need.

Donating is Simple
ERA offers convenient, free pickup services across Canada.

Call: 1-877-9EWASTE / Email: info@era.ca / Visit: www.era.ca to schedule a pickup.

Let’s Make This Season Count
“Your donation today can change lives tomorrow,” adds Paduh. “Together, we can meet the urgent needs of these charities while fostering a sustainable future.”  Don’t wait—help ERA ensure no charity is left behind this holiday season.

SOURCE Electronic Recycling Association

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

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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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