The World Bank expects global economic growth to slow significantly, from 5.5% in 2021 to 4.1% in 2022 and further to 3.2% in 2023. Growth in East Asia and the Pacific is expected to slow to 5.1 percent in 2022, reflecting the impact of China's economic slowdown, the report said. China's economic growth is expected to fall to 5.1% in 2022, close to potential growth, due to the ongoing impact of the COVID-19 pandemic and the Chinese government's tightening of regulations in certain sectors of the economy. The report said that the rapid spread of the Omicron variant means that the new crown epidemic is likely to continue to disrupt economic activity in the near future. In addition, decelerating growth in major economies, including the United States and China, will depress external demand in emerging markets and developing economies.
Slow economic growth has a huge impact on Spherical Molybdenum Powder.
What is spherical molybdenum powder?
Spherical molybdenum powder is a transition metal molybdenum in powder state, and the impurity elements include Pb, Bi, Sn, Sb, Cd, Fe, Al, Si, Mq, etc. Appearance is gray-black metal powder, non-toxic, environmentally friendly, non-radioactive, high purity, strong chemical inertness, low hardness, small oil absorption, good thermochemical stability, dispersibility, wear resistance properties and acid and alkali resistance.
Preparation and use of spherical molybdenum powder
Molybdenum powder is usually prepared from ammonium paramolybdate or calcined MoO3 by hydrogen reduction. It is the raw material for preparing molybdenum deep-processed products by powder metallurgy.
Storage and transportation The product should be protected from moisture during transportation, and should not be violently collided. Store in a dry, ventilated and acid-free atmosphere to prevent oxidation. Shelf life does not exceed 6 months
The process of producing molybdenum powder from molybdenum oxides and molybdenum halides or metallic molybdenum as raw materials is an integral part of the molybdenum metallurgical process. There are mainly molybdenum dioxide hydrogen reduction, molybdenum halide hydrogen reduction, atomization method, plasma method. The molybdenum powder produced is mainly used as alloy additives, molybdenum products and raw materials for sputtering.
Due to the above-mentioned special properties, the application of molybdenum powder has developed rapidly, and it has been widely used in industrial and agricultural fields, such as rubber, plastics, paper, coatings, paints, inks, cables, pharmaceuticals, fertilizers, feed, food, sugar, textiles , glass, ceramics, sanitary products, sealants, adhesives, pesticides and pesticide carriers, as well as flue desulfurization, water treatment and other environmental protection aspects. The application of lightweight molybdenum powder overlaps and is different from that of molybdenum powder. It is mainly used in papermaking, plastics, artificial rubber, food, food coloring, medicine, adhesives and hygiene products. In recent years, the use of lightweight molybdenum powder has increased due to the information that light molybdenum powder can enhance the properties of certain materials.
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With the outbreak of the Russia-Ukraine conflict, the market is increasingly worried about the potential disruption of Russia's energy supply. Geopolitical premiums have pushed up the price of crude oil and natural gas, and the energy price is expected to remain high in the short term. Affected by this, the market price of the Spherical Molybdenum Powder may continue to rise.
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