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Global Molybdenum-98 Market Strategic Research Report

Global Molybdenum-98 Market Strategic Research Report
$3,500 USD
Market Research Reports
Strategic Research Report
Global Molybdenum-98 Market
$0.642025
14.4%CAGR
2032Forecast
Market Research Reports · Global
Market Research Reports Intelligence Series

By Type: Purity:＞98%, Purity:≤98%

By Application: Radiopharmaceuticals, Science Research

Regional Forecast: Asia Pacific, Latin America, MEA, Europe, North America

Key Players: Rosatom, DOE IP, Cambridge Isotope Laboratories, Neonest AB

Region: Global
Formats: PDF, Excel, Word & PowerPoint
Base year: 2025 · forecast to 2032
Length: 79 pages
Market size 2025
$0.64
Million USD
Forecast CAGR
14.4%
2025-2032
Forecast 2032
$1.6
Projected
Régions
5
Asia Pacific · Latin America · MEA · Europe · North America

Vue d'ensemble

Scope of the Report

The global Molybdenum-98 market size is predicted to grow from US$ 0.64 million in 2025 to US$ 1.61 million in 2032; it is expected to grow at a CAGR of 14.4% from 2026 to 2032.

In 2024, global Molybdenum-98 production reached approximately 2,086 grams, with an average global market price of around US$ 278 per gram.

Molybdenum-98 is a stable isotope of molybdenum (Mo) with a natural abundance of approximately 24.13%. Its nucleus consists of 42 protons and 56 neutrons, making it one of seven stable isotopes of molybdenum (Mo-92, Mo-94, and Mo-100). Molybdenum-98 has specific applications in the nuclear industry, scientific research (such as neutrino experiments), and the preparation of high-purity materials.

Molybdenum-98 is a key raw material for the production of molybdenum-99, which decays to technetium-99m (Tc-99m). With increasing demand for cancer and cardiovascular disease diagnostics, the medical Mo-99 market is expected to expand at a compound annual growth rate (CAGR) of 5-7%, indirectly driving demand for Mo-98.

Countries (such as the United States, China, and Europe) are reducing their reliance on traditional reactors (such as Canada's NRU) and shifting to accelerator or low-enriched uranium (LEU) target technology, potentially impacting the Mo-98 supply chain.

Neutrino and dark matter experiments: Mo-98 is a key detector material for neutrinoless double-beta decay experiments (such as the CUORE and AMoRE experiments). Related fundamental physics research continues to drive demand for high-purity Mo-98.

Key Questions Addressed in this Report

What is the 10-year outlook for the global Molybdenum-98 market?

What factors are driving Molybdenum-98 market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Molybdenum-98 market opportunities vary by end market size?

How does Molybdenum-98 break out by Type, by Application?

This report presents a comprehensive overview of the global Molybdenum-98 market, covering market size and forecast, segmentation by product type and application, competitive landscape, leading players and regional and country-level outlook.

Segment by Type

  • Purity:＞98%
  • Purity:≤98%

Segment by Application

  • Radiopharmaceuticals
  • Science Research

Who Can Use This Report?

This report is written for decision-makers who need a clear, data-backed view of the global Molybdenum-98 market:

  • Manufacturers, suppliers and solution providers benchmarking their position and planning product, capacity and go-to-market strategy
  • Distributors, channel partners and end users in Radiopharmaceuticals, Science Research evaluating demand and sourcing options
  • Investors, financial analysts and consultants assessing growth opportunities, competitive dynamics and M&A potential
  • Government agencies, industry associations and research institutions tracking industry developments and policy impact

Market snapshot

Global Molybdenum-98 Market Strategic Research Report snapshot, 2025–2032

Source: Market Research Reports
Market size CAGR 14.4%
Regional growth momentum
Market share by segment
Key metrics
Base value
$0.64
2025
Forecast
$1.6
2032
CAGR
14.4%
2025–2032
Régions
5
global
Key companies
RosatomDOE IPCambridge Isotope LaboratoriesNeonest AB
© MarketResearchReports.comDisclaimer: The actual data may vary in the final report which undergoes verification check post order confirmation.

Segments covered in this report

By Type
Purity:＞98%Purity:≤98%
By Application
RadiopharmaceuticalsScience Research

Table of contents

Click a chapter to expand
01Executive Summary
02Industry Overview & Forecast
  • 2.1.1 Market Definition and Scope
  • 2.1.2 Market Size and Growth Forecast
  • 2.1.3 Volume Analysis
  • 2.1.4 Segment Outlook by Type
  • 2.1.5 Segment Outlook by Application
  • 2.1.6 Regional Outlook
  • 2.1.7 Structural Developments Shaping the Forecast
  • 2.1.8 Forecast Risks and Sensitivities
03Market Segmentation by Type
  • 3.1 Market Segmentation by Type
  • 3.1.1 Market by Type Overview
  • 3.1.2 Purity:＞98%
  • 3.1.3 Purity:≤98%
  • 3.1.4 Volume Analysis
04Market Segmentation by Application
  • 4.1 Market Segmentation by Application
  • 4.1.1 Market by Application Overview
  • 4.1.2 Radiopharmaceuticals
  • 4.1.3 Science Research
  • 4.1.4 Volume Analysis
05Regional Market Forecast
  • Asia Pacific
  • North America
  • Europe
  • Middle East & Africa
  • Latin America
06Country-Level Market Forecast
  • 6.1 Asia Pacific
  • 6.1.1 China
  • 6.1.2 Japan
  • 6.1.3 Korea
  • 6.1.4 Southeast Asia
  • 6.1.5 India
  • 6.1.6 Australia
  • 6.1.7 Rest of Asia Pacific
  • 6.2 North America
  • 6.2.1 United States
  • 6.2.2 Canada
  • 6.2.3 Mexico
  • 6.2.4 Rest of North America
  • 6.3 Europe
  • 6.3.1 Germany
  • 6.3.2 France
  • 6.3.3 UK
  • 6.3.4 Italy
  • 6.3.5 Russia
  • 6.3.6 Rest of Europe
  • 6.4 Middle East & Africa
  • 6.4.1 Egypt
  • 6.4.2 South Africa
  • 6.4.3 Israel
  • 6.4.4 Turkey
  • 6.4.5 GCC Countries
  • 6.4.6 Rest of Middle East & Africa
  • 6.5 Latin America
  • 6.5.1 Brazil
  • 6.5.2 Rest of Latin America
07Growth Drivers & Inhibitors
  • 7.1 Growth Drivers & Inhibitors
  • 7.1.1 Section Overview
  • 7.1.2 Growth Drivers
  • 7.1.3 Growth Inhibitors
  • 7.1.4 Driver and Inhibitor Impact Assessment
  • 7.1.5 Analyst Perspective
08Key Company Profiles
  • 8.1 Rosatom
  • 8.1.1 Company Overview
  • 8.1.2 Key Products & Segments
  • 8.1.3 Financial Performance (2023–2025)
  • 8.1.4 Business Strategy
  • 8.1.5 SWOT Analysis
  • 8.1.6 Strategic Implications (2026–2032)
  • 8.2 DOE IP
  • 8.2.1 Company Overview
  • 8.2.2 Key Products & Segments
  • 8.2.3 Financial Performance (2023–2025)
  • 8.2.4 Business Strategy
  • 8.2.5 SWOT Analysis
  • 8.2.6 Strategic Implications (2026–2032)
  • 8.3 Cambridge Isotope Laboratories
  • 8.3.1 Company Overview
  • 8.3.2 Key Products & Segments
  • 8.3.3 Financial Performance (2023–2025)
  • 8.3.4 Business Strategy
  • 8.3.5 SWOT Analysis
  • 8.3.6 Strategic Implications (2026–2032)
  • 8.4 Neonest AB
  • 8.4.1 Company Overview
  • 8.4.2 Key Products & Segments
  • 8.4.3 Financial Performance (2023–2025)
  • 8.4.4 Business Strategy
  • 8.4.5 SWOT Analysis
  • 8.4.6 Strategic Implications (2026–2032)
09Competitive Landscape
  • 9.1 Competitive Landscape Overview
  • 9.2 Competitive Intensity Assessment
  • 9.3 Key Player Strategies & Positioning
  • 9.4 Competitive Dynamics & Strategic Outlook
  • 9.4.1 Emerging Competitive Threats
  • 9.4.2 Consolidation vs. Fragmentation Outlook
  • 9.4.3 Competitive Response Matrix
  • 9.4.4 Strategic Recommendations, 2026–2032
10Porter's Five Forces Analysis
  • 10.1 Threat of New Entrants
  • 10.2 Bargaining Power of Buyers
  • 10.3 Bargaining Power of Suppliers
  • 10.4 Threat of Substitutes
  • 10.5 Competitive Rivalry
11PESTLE Analysis
  • 11.1 Political
  • 11.2 Economic
  • 11.3 Social and Demographic
  • 11.4 Technological
  • 11.5 Legal and Regulatory
  • 11.6 Environmental
  • 11.7 Strategic Implications of the PESTLE Assessment
12SWOT Analysis
13Future Trends & Outlook
  • 13.1 Future Trends & Outlook
  • 13.1.1 Trend Summary and Commercial Maturity Assessment
  • 13.1.2 Technology and Innovation Trends
  • 13.1.3 Long-Term Market Outlook
  • 13.1.4 Investment & M&A Activity Outlook
  • 13.1.5 Overall Outlook Assessment

Frequently asked questions

What is the current global Molybdenum-98 market size?
The global Molybdenum-98 market is estimated at US$ 0.64 million in 2025 (base year) and is projected to reach US$ 1.61 million by 2032.
What growth rate is expected for the Molybdenum-98 market through 2032?
The market is expected to grow at a CAGR of 14.4% from 2026 to 2032, expanding from US$ 0.64 million in 2025 to US$ 1.61 million in 2032, roughly 2.5 times its base-year value.
How is Molybdenum-98 defined?
In 2024, global Molybdenum-98 production reached approximately 2,086 grams, with an average global market price of around US$ 278 per gram.
What are the main segments of the Molybdenum-98 market by type?
By type, the market is segmented into Purity:＞98% and Purity:≤98%.
Which applications drive demand in the Molybdenum-98 market?
Key applications covered include Radiopharmaceuticals and Science Research.
Who are the key players in the Molybdenum-98 market?
Key players profiled include Rosatom, DOE IP, Cambridge Isotope Laboratories and Neonest AB.
Which regions and countries are covered for Molybdenum-98?
The market is analysed across Asia Pacific, North America, Europe, Middle East & Africa and Latin America, with 20 country-level markets including China, Japan, United States, Canada, Germany, France, Egypt and South Africa.
What is driving growth in the Molybdenum-98 market?
With increasing demand for cancer and cardiovascular disease diagnostics, the medical Mo-99 market is expected to expand at a compound annual growth rate (CAGR) of 5-7%, indirectly driving demand for Mo-98.
Who should buy the Molybdenum-98 market report?
The report is intended for manufacturers and solution providers, distributors and end users in Radiopharmaceuticals and Science Research, investors and consultants, and government or industry bodies who need market size, segmentation, competitive and regional data for the Molybdenum-98 market.
What license options are available for this report?
The report is available as a Single User License (US$ 3,500, one named user), a Site License (US$ 5,250, up to 10 users) and a Global / Corporate License (US$ 7,000, unlimited users), all delivered in PDF format.

Research Methodology

All MarketResearchReports.com strategic research reports follow a rigorous, multi-stage methodology combining AI-assisted data synthesis with expert analyst validation.

01
Secondary Research & Data Aggregation

Systematic collection from 500+ verified sources including SEC filings, industry databases (Bloomberg, Statista, OECD), regulatory filings, trade publications, patent databases, and company annual reports. AI-assisted extraction identifies relevant data points across 10,000+ documents per report.

02
Market Sizing — Bottom-Up & Top-Down

Dual-validation approach: bottom-up sizing aggregates segment-level production, consumption, and trade data; top-down sizing cross-validates against macroeconomic indicators and total addressable market estimates. Discrepancies >5% trigger analyst review.

03
Competitive Intelligence

Company profiles built from public financial disclosures, product launches, M&A activity, job postings (as capability proxies), and supply chain mapping. Market share estimates triangulated across revenue, capacity, and shipment data.

04
Demand Forecasting

CAGR projections use time-series regression on 5-10 years of historical data, adjusted for identified demand drivers (technology adoption curves, regulatory catalysts, demographic shifts) and demand inhibitors (cost barriers, substitution risk). Scenario modeling covers base, optimistic, and conservative cases.

05
Analyst Validation & Quality Assurance

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06
Continuous Updates

On-demand reports are generated at time of purchase, incorporating the most recent available data. Static reports are republished when underlying market conditions shift by >10% from baseline assumptions. Purchasers receive update notifications for 12 months.

All data sources are cited within the report. View our full research methodology →
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