Molybdenum Trioxide Nanopowder

Molybdenum Trioxide Nanopowder Market Outlook

The global molybdenum trioxide nanopowder market is projected to reach approximately USD 1.5 billion by 2035, with a CAGR of around 8.5% during the forecast period from 2025 to 2035. This growth is primarily driven by increasing demand for molybdenum trioxide in various applications, including catalysts and electronic materials, as industries shift towards advanced materials for enhanced performance and sustainability. Additionally, the rising focus on renewable energy sources and the electronics industry's expansion further propel the demand for high-purity molybdenum trioxide nanopowder. The growing utilization of nanotechnology in various industrial sectors is also expected to fuel market growth as manufacturers seek to leverage the unique properties of nanopowders, including their high surface area and reactivity. Furthermore, ongoing research and development aimed at improving the production processes of molybdenum trioxide nanopowder will likely contribute to market expansion, creating new opportunities for suppliers and manufacturers alike.

Growth Factor of the Market

One of the primary growth factors driving the Molybdenum Trioxide Nanopowder market is the increasing adoption of nanomaterials across various industries. As manufacturers recognize the advantages of using nanotechnology, such as improved catalytic activity and enhanced electrical conductivity, the demand for molybdenum trioxide nanopowder in applications like catalysts and electronics is expected to proliferate. Moreover, the push for green chemistry and environmentally friendly products has led to heightened interest in molybdenum-based materials, given their favorable environmental footprint compared to conventional catalysts. Additionally, the burgeoning automotive and construction sectors are anticipated to boost the demand for molybdenum trioxide nanopowder, as these industries increasingly leverage advanced materials for improved efficiency and performance. Furthermore, the rising investment in research and development to optimize production processes and enhance product quality is likely to strengthen the market position of molybdenum trioxide nanopowder in the coming years. With these dynamics at play, the molybdenum trioxide nanopowder market is poised for significant growth, driven by innovation and evolving industry demands.

Key Highlights of the Market

• Significant growth projected at a CAGR of 8.5% from 2025 to 2035.
• Increased adoption of nanotechnology in various industrial applications.
• Rising demand from the automotive and electronics sectors.
• Growing emphasis on sustainable and environmentally friendly materials.
• Continued investment in R&D to enhance product quality and production processes.

By Product Type

Industrial Grade:

The industrial grade segment of molybdenum trioxide nanopowder is anticipated to witness considerable growth due to its diverse applications across various industrial processes. This grade of nanopowder is primarily utilized in catalytic converters, chemical manufacturing, and as a precursor in the production of various molybdenum compounds. The increasing demand for high-performance catalysts in industries such as petrochemicals is significantly driving the use of industrial-grade molybdenum trioxide nanopowder. Moreover, the need for enhanced product efficiency in industrial applications is expected to further fuel the growth of this segment, as manufacturers seek materials that offer superior characteristics, such as improved thermal stability and reactivity.

Electronic Grade:

The electronic grade segment of molybdenum trioxide nanopowder is gaining traction due to the escalating demand for advanced electronic components and materials. This grade is characterized by its high purity and specific particle size distribution, making it ideal for applications in semiconductors, thin-film transistors, and various electronic devices. The rapid evolution of the electronics industry, particularly in areas such as consumer electronics and electric vehicles, is driving the demand for high-quality electronic-grade materials. Furthermore, the growing trend towards miniaturization in electronic components is contributing to the increased use of molybdenum trioxide nanopowder, as manufacturers seek materials that meet stringent specifications while offering superior performance.

Pharmaceutical Grade:

The pharmaceutical grade of molybdenum trioxide nanopowder is particularly relevant as it finds applications in various pharmaceutical formulations, including drug delivery systems and imaging agents. The stringent regulatory requirements for pharmaceutical products necessitate the use of high-purity materials, positioning pharmaceutical-grade molybdenum trioxide nanopowder as a critical component in the industry. The growing focus on personalized medicine and advanced therapeutics is expected to boost the demand for innovative materials, thereby enhancing the prospects for pharmaceutical-grade nanopowders. Additionally, the ongoing research and development activities aimed at exploring new applications for molybdenum trioxide in drug delivery mechanisms will likely propel the growth of this segment further.

Others:

The others segment includes various specialty grades of molybdenum trioxide nanopowder, which are tailored for specific applications beyond the traditional categories. These may include custom formulations designed for niche industries or unique applications that require specific properties, such as enhanced catalytic activity or tailored particle size. The increasing trend toward customization in manufacturing processes is likely to drive growth in this segment, as companies seek to differentiate their products through specialized materials. Furthermore, ongoing advancements in nanotechnology are expected to create new opportunities for the development of innovative molybdenum trioxide formulations that cater to emerging market demands.

By Application

Catalysts:

The catalysts segment is one of the most significant applications for molybdenum trioxide nanopowder, as it plays a crucial role in various catalytic processes in the chemical and petrochemical industries. Molybdenum trioxide is known for its excellent catalytic properties, enabling efficient conversion reactions in processes such as hydrocracking and desulfurization. As industries continue to prioritize process efficiency and environmental sustainability, the demand for molybdenum trioxide nanopowder as a catalyst is expected to grow. Furthermore, the increasing focus on reducing greenhouse gas emissions will likely drive the adoption of advanced catalysts, thus further enhancing the market potential for molybdenum trioxide in catalytic applications.

Pigments:

Molybdenum trioxide nanopowder's use as a pigment in various coatings and plastics is gaining prominence, primarily due to its excellent color properties and stability. The pigments derived from molybdenum trioxide are often used in industrial coatings, automotive paints, and plastic products, where durability and colorfastness are critical. As the demand for high-quality coatings and advanced materials continues to rise, the pigment application for molybdenum trioxide nanopowder is anticipated to grow. Additionally, the trend towards environmentally friendly and sustainable products is also likely to benefit this segment, as manufacturers increasingly seek non-toxic alternatives for pigments.

Electrochromic Materials:

The utilization of molybdenum trioxide nanopowder in electrochromic materials is an emerging application that holds significant potential for market growth. Electrochromic materials are used in smart windows, displays, and various electronic devices, allowing for dynamic control of light and heat transmission. Molybdenum trioxide possesses excellent electrochromic properties, making it an ideal candidate for such applications. The ongoing advancements in smart technologies and the increasing demand for energy-efficient building materials are expected to drive the growth of this segment. As more industries adopt smart technologies, the demand for molybdenum trioxide as a key component in electrochromic materials will likely expand.

Glass Manufacturing:

In glass manufacturing, molybdenum trioxide nanopowder is utilized to enhance the properties of glass products, including their durability, transparency, and resistance to thermal shock. The increasing demand for high-performance glass in sectors such as construction, automotive, and electronics is driving the growth of this application. As manufacturers seek to produce innovative glass solutions that meet stringent industry standards, the importance of using molybdenum trioxide in glass formulations is likely to increase. Additionally, the growing trend towards lightweight and energy-efficient materials in the construction and automotive industries is expected to further boost the demand for molybdenum trioxide in glass manufacturing.

Others:

The others segment encompasses various niche applications of molybdenum trioxide nanopowder that do not fall under the conventional categories. This may include uses in specialized coatings, advanced materials, or unique formulations tailored for specific industry needs. The diverse properties of molybdenum trioxide, such as its catalytic activity, thermal stability, and electrical conductivity, make it a versatile material for innovative applications. As industries continue to explore new avenues for utilizing advanced materials, the others segment is expected to witness growth driven by the demand for customized solutions that leverage the unique attributes of molybdenum trioxide nanopowder.

By Distribution Channel

Direct Sales:

The direct sales channel for molybdenum trioxide nanopowder is gaining traction as manufacturers and suppliers seek to establish direct relationships with customers for better service and engagement. Direct sales enable suppliers to provide tailored solutions that meet specific customer needs, enhancing customer satisfaction and loyalty. Additionally, this channel allows for streamlined supply chains and better pricing strategies, as intermediaries are reduced. As industries increasingly prioritize direct sourcing for improved quality control and transparency, the demand for molybdenum trioxide nanopowder through direct sales channels is expected to grow, particularly in sectors such as chemicals, electronics, and automotive.

Distributor Sales:

The distributor sales channel remains a significant avenue for the distribution of molybdenum trioxide nanopowder, facilitating access to a broader customer base. Distributors often have established networks and relationships with various industries, allowing for efficient market penetration and product promotion. This channel is particularly crucial for reaching small and medium-sized enterprises that may lack the resources for direct sourcing. As industries expand and require reliable suppliers for consistent quality and availability, the distributor sales channel is anticipated to grow in prominence, with a focus on providing value-added services such as technical support and logistics management.

By Use Industry

Chemical:

The chemical industry is one of the primary end-use sectors for molybdenum trioxide nanopowder, as it is utilized in various chemical processes, including catalysis and the production of molybdenum-based compounds. The increasing demand for high-performance catalysts and reagents in chemical manufacturing is driving the growth of this segment. Moreover, the ongoing innovations in chemical processes aimed at improving efficiency and sustainability further enhance the prospects for molybdenum trioxide nanopowder in this sector. As the chemical industry continues to evolve and embrace advanced materials for enhanced performance, the use of molybdenum trioxide is expected to expand significantly.

Electronics:

The electronics industry is experiencing rapid growth, largely fueled by advancements in technology and increasing consumer demand for electronic devices. Molybdenum trioxide nanopowder plays a vital role in this sector, particularly in applications such as semiconductors, thin-film transistors, and electronic displays. The need for high-performance materials that contribute to improved device functionality is driving the demand for molybdenum trioxide in electronics manufacturing. As the industry continues to innovate and develop next-generation electronic products, the use of specialized materials such as molybdenum trioxide nanopowder is anticipated to increase, bolstering its position in the electronics sector.

Automotive:

In the automotive industry, molybdenum trioxide nanopowder is increasingly being utilized for its properties related to catalysis and material enhancement. The growing focus on reducing emissions and improving fuel efficiency in vehicles has led to a heightened demand for advanced catalysts, where molybdenum trioxide plays a crucial role. Furthermore, the shift towards electric vehicles and hybrid technologies is expected to further drive the demand for high-performance materials in automotive manufacturing. As the automotive industry embraces innovation and sustainability, the use of molybdenum trioxide nanopowder is likely to expand significantly in this sector, positioning it as a key player in the future of automotive design and production.

Construction:

The construction industry is a significant end-user of molybdenum trioxide nanopowder, particularly in applications related to advanced building materials and coatings. The emphasis on energy-efficient and durable materials is driving the demand for high-quality molybdenum trioxide in construction applications. Furthermore, as the industry increasingly seeks to comply with sustainability standards, the use of molybdenum trioxide in eco-friendly building solutions is anticipated to grow. Innovative construction techniques and the adoption of smart materials are also expected to create new opportunities for molybdenum trioxide nanopowder in this sector, enhancing its market presence.

Others:

The others segment includes various industries that utilize molybdenum trioxide nanopowder for specialized applications not categorized under the major sectors. This may encompass niche markets such as aerospace, defense, and specialty chemicals, where the unique properties of molybdenum trioxide are leveraged for specific functionalities. The versatility of molybdenum trioxide nanopowder allows for innovative applications across diverse fields, driven by ongoing research and technological advancements. As industries continue to explore the potential of advanced materials, the others segment is expected to experience growth, aligning with the evolving market demands.

By Region

The North America region is expected to dominate the molybdenum trioxide nanopowder market, accounting for approximately 35% of the total market share by 2035. The region's robust chemical and electronics industries, combined with the increasing adoption of advanced materials, are significant contributors to this growth. Additionally, the presence of key manufacturers and ongoing investments in research and development are expected to drive innovation and product offerings in North America, further solidifying its position in the global market. The CAGR for this region is projected to be around 9% during the forecast period, fueled by growing demand for sustainable materials and enhanced performance in various applications.

In the Asia Pacific region, the molybdenum trioxide nanopowder market is anticipated to witness substantial growth, driven by rapid industrialization and urbanization in countries such as China, India, and Japan. The expanding automotive and electronics sectors in these countries are significant drivers of demand, as manufacturers increasingly seek advanced materials to enhance product performance. The region is expected to capture around 30% of the global market share by 2035, with a CAGR of approximately 8% during the forecast period. Furthermore, government initiatives aimed at promoting sustainable practices and materials are likely to create new opportunities for molybdenum trioxide nanopowder in the Asia Pacific market.

Opportunities

The molybdenum trioxide nanopowder market presents numerous opportunities for growth, particularly as industries increasingly adopt advanced materials to meet evolving performance standards. One significant opportunity lies in the rising demand for environmentally friendly and sustainable materials across various sectors. As industries seek to reduce their environmental impact, molybdenum trioxide, with its favorable properties and applications in catalysis and materials manufacturing, is poised to become a preferred choice. Furthermore, ongoing research initiatives focusing on nanotechnology are expected to unveil new applications and formulations that enhance the performance and functionality of molybdenum trioxide nanopowder, thus expanding its market potential. Additionally, as consumer preferences shift towards high-quality and efficient products, manufacturers can capitalize on this trend by developing innovative solutions leveraging the unique properties of molybdenum trioxide.

Another promising avenue for growth is the increasing investment in research and development aimed at optimizing production processes and enhancing product quality. Companies that prioritize R&D are likely to gain a competitive edge by developing superior molybdenum trioxide formulations that cater to specific industry needs. Furthermore, as the demand for electric vehicles and renewable energy technologies escalates, molybdenum trioxide nanopowder can play a critical role in catalysis and advanced materials for energy storage applications. This trend creates significant opportunities for manufacturers and suppliers to expand their product offerings and strengthen their market presence. Overall, the combination of evolving industry demands and technological advancements presents a landscape ripe with opportunities for the molybdenum trioxide nanopowder market.

Threats

Despite the promising prospects for the molybdenum trioxide nanopowder market, several threats could potentially hinder growth. One of the primary threats includes fluctuations in raw material prices, which can impact the overall cost of production for manufacturers. Volatility in the prices of molybdenum and other key materials may lead to increased production costs, making it challenging for companies to maintain competitive pricing in the market. Additionally, the emergence of alternative materials and technologies that offer comparable or superior properties may pose a threat to the molybdenum trioxide nanopowder market. As industries seek innovative solutions, the risk of substitution by alternative materials could affect the demand for molybdenum trioxide in various applications.

Another significant threat comes from stringent regulatory requirements and environmental regulations that may limit the use of certain materials or processes in production. Compliance with these regulations can result in increased operational costs for manufacturers and may necessitate additional investments in sustainable practices. Furthermore, the rapid pace of technological advancements and shifting consumer preferences may require companies to adapt quickly to changing market conditions, presenting a challenge for businesses that may struggle to keep up with innovation. Consequently, these threats necessitate proactive strategies from industry players to navigate potential challenges and sustain growth in the molybdenum trioxide nanopowder market.

Competitor Outlook

• American Elements
• Alfa Aesar
• Merck Group
• Haozhan Technology Co., Ltd.
• Nanostructured & Amorphous Materials, Inc.
• STREM Chemicals, Inc.
• SkySpring Nanomaterials, Inc.
• Advanced Technology & Materials Co., Ltd.
• Sigma-Aldrich
• Umicore AG & Co. KG
• H.C. Starck GmbH
• Jiangxi Bada Technology Co., Ltd.
• Alpha Molybdenum Co., Ltd.
• Hunan Rare Earth & Rare Metals Tungsten Group Co., Ltd.
• Shanghai Xinglu Chemical Co., Ltd.

The competitive landscape of the molybdenum trioxide nanopowder market is characterized by the presence of a mix of established players and emerging companies striving to capture market share. Leading firms such as American Elements and Merck Group are leveraging their extensive expertise in materials science and nanotechnology to offer high-quality molybdenum trioxide products. These companies are actively investing in research and development to innovate and enhance their product offerings, thus catering to the evolving needs of various industries. Additionally, many players are focusing on strategic partnerships and collaborations to expand their reach and strengthen their competitive position in the market.

Emerging players, including specialty chemical manufacturers like Jiangxi Bada Technology Co., Ltd. and Shanghai Xinglu Chemical Co., Ltd., are also making strides in the molybdenum trioxide nanopowder market. These companies are often nimble and can quickly adapt to changing market dynamics, allowing them to cater to niche applications and specific customer needs. As more industries embrace advanced materials, the competitive landscape is expected to evolve, with a mix of established and emerging players competing on the basis of product quality, innovation, and customer service.

To maintain their competitive edge, major companies are increasingly focusing on sustainability initiatives and promoting eco-friendly practices in their production processes. This alignment with environmental standards not only enhances their brand reputation but also addresses the growing consumer demand for sustainable materials. For instance, companies like H.C. Starck GmbH and Umicore AG & Co. KG are investing in sustainable sourcing and production methods to mitigate their environmental impact. Additionally, expanding their geographic presence through strategic mergers and acquisitions is a common trend among players in the market, allowing them to access new markets and diversify their portfolios.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 Alfa Aesar
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 Merck Group
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 Sigma-Aldrich
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 H.C. Starck GmbH
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 American Elements
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 Umicore AG & Co. KG
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 STREM Chemicals, Inc.
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Alpha Molybdenum Co., Ltd.
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Haozhan Technology Co., Ltd.
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 SkySpring Nanomaterials, Inc.
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Jiangxi Bada Technology Co., Ltd.
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Shanghai Xinglu Chemical Co., Ltd.
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 Advanced Technology & Materials Co., Ltd.
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 Nanostructured & Amorphous Materials, Inc.
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 Hunan Rare Earth & Rare Metals Tungsten Group Co., Ltd.
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Molybdenum Trioxide Nanopowder Market, By Application
    • 6.1.1 Catalysts
    • 6.1.2 Pigments
    • 6.1.3 Electrochromic Materials
    • 6.1.4 Glass Manufacturing
    • 6.1.5 Others
  • 6.2 Molybdenum Trioxide Nanopowder Market, By Product Type
    • 6.2.1 Industrial Grade
    • 6.2.2 Electronic Grade
    • 6.2.3 Pharmaceutical Grade
    • 6.2.4 Others
  • 6.3 Molybdenum Trioxide Nanopowder Market, By Use Industry
    • 6.3.1 Chemical
    • 6.3.2 Electronics
    • 6.3.3 Automotive
    • 6.3.4 Construction
    • 6.3.5 Others
  • 6.4 Molybdenum Trioxide Nanopowder Market, By Distribution Channel
    • 6.4.1 Direct Sales
    • 6.4.2 Distributor Sales

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Middle East & Africa - Market Analysis
    • 10.5.1 By Country
      • 10.5.1.1 Middle East
      • 10.5.1.2 Africa
  • 10.6 Molybdenum Trioxide Nanopowder Market by Region

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Molybdenum Trioxide Nanopowder market is categorized based on

By Product Type

• Industrial Grade
• Electronic Grade
• Pharmaceutical Grade
• Others

By Application

• Catalysts
• Pigments
• Electrochromic Materials
• Glass Manufacturing
• Others

By Distribution Channel

• Direct Sales
• Distributor Sales

By Use Industry

• Chemical
• Electronics
• Automotive
• Construction
• Others

By Region

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

Key Players

• American Elements
• Alfa Aesar
• Merck Group
• Haozhan Technology Co., Ltd.
• Nanostructured & Amorphous Materials, Inc.
• STREM Chemicals, Inc.
• SkySpring Nanomaterials, Inc.
• Advanced Technology & Materials Co., Ltd.
• Sigma-Aldrich
• Umicore AG & Co. KG
• H.C. Starck GmbH
• Jiangxi Bada Technology Co., Ltd.
• Alpha Molybdenum Co., Ltd.
• Hunan Rare Earth & Rare Metals Tungsten Group Co., Ltd.
• Shanghai Xinglu Chemical Co., Ltd.