Global Sodium Molybdate Market (2025-2031) | Outlook, Revenue, Industry, Size, Growth, Companies, Value, Share, Analysis, Forecast & Trends

Global Sodium Molybdate Market Size & Growth Rate

As per 6Wresearch, the global sodium molybdate market has experienced steady growth over recent years, driven by rising demand across various industries including agriculture, chemicals, and water treatment. As of 2025, the market size is estimated to reach approximately USD 480 million, with a compound annual growth rate (CAGR) of 4.9% projected from 2025 to 2031. This growth is attributed to the increasing application of sodium molybdate in fertilizers for enhancing plant growth and its role in industrial processes such as corrosion inhibition and catalysis.

Global Sodium Molybdate Market Highlights

Topics Covered in the Global Sodium Molybdate Market Report

The Global Sodium Molybdate Market report thoroughly covers the market by E Product Type, Application and Regions. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Global Sodium Molybdate Market Synopsis

The global sodium molybdate market is highly diversified, with many applications across several industries. The agricultural sector is the major source of demand for the sodium molybdate market, as sodium molybdate can be added to fertilizers to help plants with soil lacking adequate molybdenum. All agricultural producers want to maximize crop yields, and sodium molybdate is one way to assist with that goal.  Industrial applications of sodium molybdate can be found everywhere, especially in water treatment and the corrosion inhibition systems. It also plays a role as a catalyst in the production of other chemical. 

Global Sodium Molybdate Market is expected to grow at a significant CAGR of 4.9% during the forecast period 2025-2031. The widespread use of sodium molybdate in the agriculture, chemicals, and water treatment industries is driving the growth of the global sodium molybdate market. Increased agricultural production as a micronutrient in fertilizers has fueled demand for sodium molybdate in areas where agriculture is growing rapidly. An increased consideration for wastewater treatment and stricter environmental regulations have arisen from its use as a corrosion inhibitor for treatment processes.

Current technology for the production of sodium molybdate has also expanded and brought it to market more accessible for the evolving needs of industrial applications, leading to the Global Sodium Molybdate Market growth. Despite the growth prospects, the market faces certain challenges. Fluctuations in the price of raw materials, particularly molybdenum, pose a significant obstacle for manufacturers, impacting production costs and market pricing. Additionally, the availability of substitutes in some applications, such as alternative corrosion inhibitors, can limit the market's expansion. Regulatory restrictions on chemical usage and the push for more environmentally friendly solutions may also require manufacturers to innovate and adapt, adding to operational complexities.

Global Sodium Molybdate Market Trends

The sodium molybdate market is witnessing a steady shift towards sustainable and eco-friendly applications. With rising global awareness about environmental concerns, industries are focusing on producing sodium molybdate using greener methods. Additionally, the demand for sodium molybdate in agriculture, especially as a micronutrient for improving crop yield, continues to grow, driven by the increasing emphasis on food security. Advancements in water treatment technologies have also propelled the adoption of sodium molybdate as a corrosion inhibitor, further expanding its market presence. The overall trend reflects a growing versatility of sodium molybdate across diverse end-use industries.

Investment Opportunities in the Global Sodium Molybdate Market

The global sodium molybdate market presents several lucrative investment opportunities driven by its increasing uptake in sectors such as agriculture, water treatment, and industrial applications. Strengthening infrastructure projects around the world generate demand for anti-corrosion solutions, boosting the need for sodium molybdate in construction. Furthermore, innovations in packaging to enhance product stability and quality offer new avenues for investment. Regions heavily investing in modernizing agricultural practices and industrial facilities, particularly in emerging economies, add to the scope for market growth.

Leading Players of the Global Sodium Molybdate Market

The global sodium molybdate market is driven by the presence of several key players who dominate through innovative approaches and consistent supply chain management. Major companies such as H. C. Starck, Honeywell International Inc., and Climax Molybdenum Company play a pivotal role in shaping the market's trajectory. These enterprises focus heavily on research and development to enhance product efficiency and widen its applications.

Government Regulations Introduced in the Global Sodium Molybdate Market

Government regulations significantly influence the growth trajectory of the sodium molybdate market. Environmental policies aimed at reducing heavy metal contamination and promoting sustainable agricultural practices are encouraging the adoption of sodium molybdate as a safer and environmentally-friendly alternative. Restrictions on certain chemical formulations and mandates for eco-friendly industrial processes have also created pressure on manufacturers to innovate in compliance with stringent guidelines. Regional governments also play a key role in incentivizing its use, particularly in agricultural modernization and clean energy applications, fostering a regulatory landscape conducive to market growth.

Future Insights of the Global Sodium Molybdate Market

The global sodium molybdate market is poised for steady expansion, driven by advancements in technology and diversification of applications. With sustainable agriculture continuing to gain traction, the demand for sodium molybdate as a micronutrient in fertilizers is expected to rise substantially. Furthermore, its role in industrial water treatment and corrosion inhibition is likely to expand as industries prioritize sustainability and efficiency. Emerging regions showcasing rapid industrial growth and focusing on infrastructure modernization are anticipated to become key contributors to market demand.

Market Segmentation Analysis

The report offers a comprehensive study of the subsequent market segments and their leading categories.

Water treatment to Dominate Market-By Application

Among applications, the water treatment sector leads the Global Sodium Molybdate Market due to increasing concerns over water quality in both industrial and municipal settings. Fertilizers constitute another significant application, as sodium molybdate plays a critical role in plant nutrition, especially in nitrogen fixation.

Asia Pacific to Dominate Market-By Regions

According to Ravi Bhandari, Research Head, 6Wresearch, Asia Pacific leads the Global Sodium Molybdate Market, driven by rapid industrial growth, urbanization, and the expansion of agriculture-focused economies such as China and India. The region's emphasis on enhanced agricultural productivity and water treatment infrastructure significantly boosts demand.

Key Attractiveness of the Report

• 10 Years of Market Numbers.
• Historical Data Starting from 2021 to 2024.
• Base Year 2024
• Forecast Data until 2031.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

Markets Covered

The market report provides a detailed analysis of the following market segments

By Regions

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

By Product Type

• Crystal
• Solution

By Application

• Water Treatment
• Fertilizer
• Pigments & Dye
• Corrosion Inhibition
• Others