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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..

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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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ST Engineering iDirect and MBSat Partner to Build Next-Generation Sovereign Connectivity Services Across Oman and the Middle East

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Intuition ground system selected to support MBSat’s planned 2027 service launch, enabling accelerated deployment, dynamic resource management and scalable service growth

HERNDON, Va., Oct. 25, 2026 /PRNewswire/ — ST Engineering iDirect today announced a strategic partnership with Mohammed Al Barwani Satellite Company (MBSat), part of Mohammed Al Barwani Group, to provide the ground system technology foundation for MBSat’s next-generation satellite gateway and network operations across Oman and the wider Middle East region. Intuition will provide a flexible, software-defined foundation to support sovereign connectivity services, enabling efficient service deployment, dynamic resource management and scalable network operations.

Intuition will deliver a turnkey ground segment solution that accelerates deployment, simplifies operations and gives MBSat the flexibility to scale services as demand grows. The software-defined platform enables dynamic resource management, service automation and seamless integration with existing and future operational systems. The solution also includes Ka-band gateway infrastructure, service provisioning and management capabilities, open API integration frameworks, training and full-lifecycle support. Together, these capabilities will help MBSat launch and operate services efficiently while adapting to evolving market requirements.

The network will leverage capacity from MB Sat-1, a sovereign MicroGEO satellite, with planned service launch in 2027, to support flexible, scalable connectivity services across the region.

The partnership reflects growing investment in sovereign communications infrastructure across the Middle East as operators seek greater control over service delivery, network expansion and long-term technology evolution.

“This partnership represents an important milestone in our efforts to build an advanced satellite communications platform in Oman and the region,” said Ammar Al Rawahi, General Manager, MBSat. “Through our collaboration with ST Engineering iDirect, we are establishing the technical infrastructure required to launch services efficiently, respond to evolving customer needs and expand into new markets, supporting the sustainable long-term growth of our business.”

“We are providing MBSat with a flexible, software-defined ground platform that integrates with its existing operational environment,” said Sridhar Kuppanna, Chief Executive Officer, ST Engineering iDirect. “This enables more efficient service deployment and operations today, with the flexibility to scale, introduce new capabilities and evolve as requirements change.”

About ST Engineering iDirect

ST Engineering iDirect, a subsidiary of ST Engineering, is a global leader in satellite communications, providing technology and solutions that enable its customers to expand their business, differentiate their services and optimize their networks. Through its portfolio of ground infrastructure, intelligent networking and advanced satellite communications solutions, the company supports operators, service providers, governments and enterprises worldwide.

View original content to download multimedia:https://www.prnewswire.com/news-releases/st-engineering-idirect-and-mbsat-partner-to-build-next-generation-sovereign-connectivity-services-across-oman-and-the-middle-east-302918467.html

SOURCE ST Engineering iDirect

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ST Engineering iDirect and MBSat Partner to Build Next-Generation Sovereign Connectivity Services Across Oman and the Middle East

Published

on

By

Intuition ground system selected to support MBSat’s planned 2027 service launch, enabling accelerated deployment, dynamic resource management and scalable service growth

HERNDON, Va., Oct. 25, 2026 /PRNewswire/ — ST Engineering iDirect today announced a strategic partnership with Mohammed Al Barwani Satellite Company (MBSat), part of Mohammed Al Barwani Group, to provide the ground system technology foundation for MBSat’s next-generation satellite gateway and network operations across Oman and the wider Middle East region. Intuition will provide a flexible, software-defined foundation to support sovereign connectivity services, enabling efficient service deployment, dynamic resource management and scalable network operations.

Intuition will deliver a turnkey ground segment solution that accelerates deployment, simplifies operations and gives MBSat the flexibility to scale services as demand grows. The software-defined platform enables dynamic resource management, service automation and seamless integration with existing and future operational systems. The solution also includes Ka-band gateway infrastructure, service provisioning and management capabilities, open API integration frameworks, training and full-lifecycle support. Together, these capabilities will help MBSat launch and operate services efficiently while adapting to evolving market requirements.

The network will leverage capacity from MB Sat-1, a sovereign MicroGEO satellite, with planned service launch in 2027, to support flexible, scalable connectivity services across the region.

The partnership reflects growing investment in sovereign communications infrastructure across the Middle East as operators seek greater control over service delivery, network expansion and long-term technology evolution.

“This partnership represents an important milestone in our efforts to build an advanced satellite communications platform in Oman and the region,” said Ammar Al Rawahi, General Manager, MBSat. “Through our collaboration with ST Engineering iDirect, we are establishing the technical infrastructure required to launch services efficiently, respond to evolving customer needs and expand into new markets, supporting the sustainable long-term growth of our business.”

“We are providing MBSat with a flexible, software-defined ground platform that integrates with its existing operational environment,” said Sridhar Kuppanna, Chief Executive Officer, ST Engineering iDirect. “This enables more efficient service deployment and operations today, with the flexibility to scale, introduce new capabilities and evolve as requirements change.”

About ST Engineering iDirect

ST Engineering iDirect, a subsidiary of ST Engineering, is a global leader in satellite communications, providing technology and solutions that enable its customers to expand their business, differentiate their services and optimize their networks. Through its portfolio of ground infrastructure, intelligent networking and advanced satellite communications solutions, the company supports operators, service providers, governments and enterprises worldwide.

View original content to download multimedia:https://www.prnewswire.com/news-releases/st-engineering-idirect-and-mbsat-partner-to-build-next-generation-sovereign-connectivity-services-across-oman-and-the-middle-east-302918467.html

SOURCE ST Engineering iDirect

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Global Security & Technology Summit Unveils Month-Long Program of Activities Ahead of December Event

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RIYADH, Saudi Arabia, Oct. 24, 2026 /PRNewswire/ — The Organizing Committee of the Global Security & Technology Summit (GSTS) held an introductory session today at the Ministry of Interior’s headquarters in Riyadh, bringing together representatives from the government, private, and nonprofit sectors to introduce the program of activities leading up to the summit. The upcoming summit will be held in Riyadh under the patronage of HRH Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, under the supervision of HRH Prince Abdulaziz bin Saud bin Naif bin Abdulaziz Al Saud, Minister of Interior, and organized by the Ministry of Interior in cooperation with Tuwaiq Academy.

During the session, the Organizing Committee presented the comprehensive GSTS program, comprising three key components: GSTS Month, running from November 1 to 30, 2026; the Global Security & Innovation Fair (SAIF), taking place from November 24 to 26, 2026; and the main Summit, scheduled for December 18 to 20, 2026, in Riyadh. Together, these events form an integrated program designed to advance security and technology innovation, strengthen national capabilities, and foster international cooperation.

GSTS Month will feature working groups, boot camps, training programs, knowledge-sharing sessions, and technical workshops across Saudi Arabia’s 13 administrative regions, delivered both in person and remotely in collaboration with specialized entities. The month-long program aims to develop national capabilities, identify emerging talent, enrich knowledge-sharing opportunities, and equip professionals with the knowledge and skills needed to develop innovative solutions to future security and technology challenges.

The main Summit will bring together global leaders, decision-makers, experts, and innovators to explore the future of security and technology, promote the integration of advanced technologies within the security sector, strengthen national capabilities, support innovation, and foster international cooperation, further positioning the Kingdom as a global hub for security and technology.

Showcasing the latest technological breakthroughs and security solutions, the summit will bring together government entities, private sector organizations, academic institutions, and research centers to facilitate knowledge exchange and collaboration across key fields, including cybersecurity, artificial intelligence (AI), the Internet of Things (IoT), smart security solutions, emerging technologies, and crisis management. The program will also feature main sessions, specialized discussions, and interactive exhibitions. Registration is available at gsts.sa.

Advisor to HRH the Minister of Interior and Chairman of the GSTS Organizing Committee, Ahmed Altowayan, stated that the summit builds on Saudi Arabia’s efforts to establish an advanced security and technology ecosystem focused on knowledge and innovation, keeping pace with rapid developments and future challenges.

Mr. Altowayan noted that the summit is a global platform for strengthening cooperation and exchanging expertise, anticipating future developments in security and technology, and developing strategic partnerships and innovative solutions that enhance the efficiency and readiness of security systems.

Vice Chairman of the GSTS Organizing Committee, Eng. Abdulaziz Alhammadi, said that the summit will offer a range of integrated programs and activities focused on enhancing national skills, encouraging innovation, and supporting international cooperation.

He added that GSTS Month will help build national capabilities, discover talent, and develop skills, with SAIF providing a platform for innovators and researchers from around the world to showcase leading technological solutions, while the main Summit will bring together leaders and experts to discuss the future of security and technology and explore new strategic partnership opportunities.

SAIF will take place at the Riyadh International Convention & Exhibition Center, bringing together innovators, researchers, technology talents, and industry experts from around the world to showcase promising innovations and projects across 14 fields of technology and innovation. The fair will provide opportunities to engage with project owners, including students, graduates, and entrepreneurs, and explore the different stages of innovation development through interactive zones, panel discussions on emerging security and innovation trends, and knowledge-sharing workshops led by specialists. Visitor registration is open to participants from within and outside the Kingdom through saifair.sa.

The introductory session also featured contributions from representatives of government, private, and nonprofit sector entities, alongside members of the media. Discussions focused on developing national capabilities in security and technology, strengthening students’ technical expertise, translating scientific research into practical solutions, and supporting Saudi companies in developing security and technology solutions and advancing digital transformation.

Organized by the Ministry of Interior in cooperation with Tuwaiq Academy, GSTS is produced by Tahaluf, with the Ministry of Education serving as Strategic Scientific Partner, Tahakom as Founding Partner, and Elm as Principal Partner.

Registration for participants from within and outside the Kingdom is available at gsts.sa.

Click here to view the media kit. 

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