In the past few years molybdenum has begun to find new markets in fast growing energy and electronics markets. Most notably, molybdenum has found a stable market as an electrode material for CIGS solar panels.
NanoMarkets believes that the use of molybdenum will continue to increase in the solar panel industry because of its strong ability to adhere to substrates and active layers. One opportunity for molybdenum for sure is in the highly successful CdTe sector. In addition to the solar sector, there is interesting development work being done on the use of molybdenum for OLED electrodes and molybdenum also appears to have a future in other lighting and display related sectors. There are also more traditional applications for molybdenum in electronics market, where this metal is used in x-ray system components and in magnetrons. Of course, as a relatively high priced metal, molybdenum is not without completion from lower cost metals, such as aluminum in many of the applications that it serves.
This new report, we believe is the only report currently available that analyzes the market for molybdenum specifically in fast growing electronics and energy industry markets. NanoMarkets has been providing both the photovoltaics, display and lighting materials market for several years and we bring to this report a considerable expertise in understanding of how these markets operate and how firms achieve success in them. Included in this report is a granular assessment of the energy- and electronics-related markets into which molybdenum is sold along with an eight-year forecast of the revenues.