Sodium Molybdate Market

By Product Type;

Dihydrate and Anhydrous

By Application;

Agriculture, Water Treatment, Chemical Manufacturing, Metal Processing and Others

By End-User;

Agriculture, Industrial, Chemical and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn104694476 Published Date: October, 2025 Updated Date: November, 2025

Sodium Molybdate Market Overview

Sodium Molybdate Market (USD Million)

Sodium Molybdate Market was valued at USD 185.47 million in the year 2024. The size of this market is expected to increase to USD 244.07 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.0%.


Sodium Molybdate Market

*Market size in USD million

CAGR 4.0 %


Study Period2025 - 2031
Base Year2024
CAGR (%)4.0 %
Market Size (2024)USD 185.47 Million
Market Size (2031)USD 244.07 Million
Market ConcentrationHigh
Report Pages308
185.47
2024
244.07
2031

Major Players

  • Sigma-Aldrich (Merck Group)
  • Honeywell International Inc.
  • Jost Chemical Co.
  • Molymet
  • H.C. Starck Tungsten GmbH
  • Jiangxi Zhaohui Copper Industry Co., Ltd.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Sodium Molybdate Market

Fragmented - Highly competitive market without dominant players


The Sodium Molybdate Market is witnessing rising adoption across agriculture, water treatment, and industrial applications. Nearly 30% of its demand is linked to fertilizers, where it improves crop productivity by enhancing micronutrient absorption. Its role as a corrosion inhibitor and eco-friendly solution is also fueling market interest.

Key Drivers Accelerating Growth
Almost 40% of applications are focused on corrosion prevention, particularly in industrial water systems. The emphasis on sustainability and demand for safer treatment chemicals are boosting the adoption of sodium molybdate across industries.

Advancements Strengthening Market Adoption
Around 25% of recent innovations have integrated sodium molybdate into coatings, catalysis, and fertilizer formulations. Its adaptability and compatibility with advanced chemical processes continue to enhance its relevance in multiple industrial sectors.

Future Opportunities
Close to 45% of industry participants are pursuing partnerships, collaborations, and innovations to diversify applications. With demand increasing across multiple sectors, the Sodium Molybdate Market presents significant long-term opportunities for technological advancement and expansion.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By End-User
    4. Market Snapshot, By Region
  4. Sodium Molybdate Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing demand from the agriculture sector
        2. Increasing applications in corrosion inhibition
        3. Expanding electronics industry
        4. Technological advancements in production processes
      2. Restraints
        1. Environmental regulations
        2. Fluctuating raw material prices
        3. Competition from alternative products
      3. Opportunities
        1. Development of new applications
        2. Expansion into untapped markets
        3. Innovations in nanotechnology applications
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Sodium Molybdate Market, By Product Type, 2021 - 2031 (USD Million)
      1. Dihydrate
      2. Anhydrous
    2. Sodium Molybdate Market, By Application, 2021 - 2031 (USD Million)
      1. Agriculture
      2. Water Treatment
      3. Chemical Manufacturing
      4. Metal Processing
      5. Others
    3. Sodium Molybdate Market, By End-User, 2021 - 2031 (USD Million)
      1. Agriculture
      2. Industrial
      3. Chemical
      4. Others
    4. Sodium Molybdate Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. American Elements
      2. Merck KGaA / Sigma-Aldrich
      3. Noah Technologies Corporation
      4. Anmol Chemicals Group
      5. Taizhou Naibo Chemical Co., Ltd.
      6. Molymet
      7. Jost Chemical Co.
      8. H.C. Starck Tungsten GmbH
      9. Jiangxi Zhaohui Copper Industry Co., Ltd.
      10. Anqing Yuetong Molybdenum Co.
      11. Tianjin Sifang Chemical Development
      12. Jinduicheng Molybdenum
      13. Omkar Speciality Chemicals
      14. Anchor
      15. Stanford Materials
  7. Analyst Views
  8. Future Outlook of the Market