Global Manganese Market by Type (Alloys (FeMn, SiMn, Refined FeMn, & Others), Electrolytic Manganese), By Application (Steel, Batteries, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028
The Global Manganese Market Size of $17.44 billion for the period from 2021-2028 is expected to grow at a CAGR of +0.11% during the forecast period owing to increasing demand for low-cost alloys because they offer better performance than stainless steel (SUS) alloys do when used under conditions with high temperatures or aggressive environments; the rising need for battery storage due to increase consumption of electric vehicles; and the steadily increasing demand for catalysts in petroleum refining processes.
Manganese is an essential element in human nutrition and it has been found that deficiency can lead to diseases such as impairments in cognitive development, mental retardation, epilepsy, and even death. Manganese also plays an important role in bone metabolism, blood clotting process, and immune system functioning.
On the basis of Types, the market is segmented into alloys (FeMn, SiMn, Refined FeMn, and Others) electrolytic manganese, and others.
FeMn Alloy:
FeMn alloys are the most commonly used type of manganese material due to their excellent performance and low cost. They are used mainly in steel production. One of the main reasons for their popularity is that they can be used as ferromanganese (a type of iron) to make an alloy with high percentages of manganese content
FeMn alloys also have excellent properties such as resistance against oxidation and sulfur attack, higher strength compared to pure Fe when exposed to corrosive gases at moderate temperatures, good casting ability, and low fluidity at elevated temperatures.
SiMn Alloy:
SiMn alloys are the most common alloy of manganese with the silicon content. They have high corrosion resistance to sulfuric acid and hydrochloric acid, but they are less resistant than FeMn alloys against water-sodium sulfate (WS) attack because Si has larger polarizability compared to Mn which causes a greater electrostatic attraction between WS and Si atoms.
However, some studies show that when using higher melting point materials such as zirconium for component parts that would be exposed at hazardous temperatures, this type of material is more effective in controlling oxidation than FeMn or steel.
FeMn Alloy:
Refined FeMn alloys are typically used for the deposition of Mn-deposits in steel. They provide high oxidation resistance, good ductility, and formability at elevated temperatures, excellent corrosion resistance to sulfuric acid and hydrochloric acid but limited by their susceptibility to WS attack.
Electrolytic Manganese Alloy:
Electrolytic Manganese alloys are typically used as the anode electrode in electrolysis cells for the production of Mn. They provide high conductivity, good corrosion resistance to weak acids but limited by their susceptibility to WS attack.
On the basis of Application, the market is segmented into the steel industry, battery industry, and others. The batteries segment is expected to hold the largest share of the market owing to the increasing demand for rechargeable batteries in vehicles.
Steel Industry:
Manganese is used as an alloying agent in steel production. Steel alloys containing manganese are typically classified into three grades, namely ferromanganese, silicon-manganese, and refined iron-manganese. Ferromanganese contains the highest amount of manganese and silicon-manganese is a close second. Refined iron-manganese has the lowest content of both, resulting in lower weldability and strength properties.
Battery Industry:
Manganese is used in batteries for its chemical properties and high charge capacity. Manganese-based alloys are applied as cathodes to increase the battery life, while at the same time reducing weight and increasing energy density. A type of manganese compound called permanganic acid can be found in alkaline cells that store electricity from solar power systems or wind turbines.
On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. In North America the market is led by the US followed by Canada while in Latin American it is lead by Brazil with Mexico coming second. The European region has Germany as its major player closely followed by Italy and France whereas in APAC China dominates the manganese market which is then followed by Japan.
Growth Factors For The Global Manganese Market:
An increase in demand for battery and steel-grade manganese metal is projected to lead the market growth over the forecast period. Increasing the use of permanganates in alkaline cells that store electricity from solar power systems or wind turbines is anticipated to fuel the demand during the forecast period.
In North America, due to increasing investment by automotive industries on green technologies as well as increased utilization of nickel-manganese alloys (NiMn) owing to its high strength, heat resistance, low weight & corrosion resistance properties has resulted in an increase in production volumes of manganese ore. In the Latin American region, Brazil dominates with a large share followed by Mexico whereas the European region has Germany and Italy having significant shares followed by Poland. The Asia Pacific region has China as the key consumer and producer of manganese ore, accounting for nearly 50% in terms of production volume followed by Japan with a share of about 30%. In the Middle East & Africa region, Saudi Arabia dominates the market owing to its growing automotive industry while South Africa is anticipated to be one of the fastest-growing regions during the forecast period on account of its large mining potentiality.
Up Market Research published a new report titled “Manganese Market research report which is segmented by Types (Alloys (FeMn, SiMn, Refined FeMn, & Others), Electrolytic Manganese), By Applications (Steel, Batteries, Others), By Players/Companies African Rainbow Minerals(South Africa), Anglo Americanplc(UK), Assmang Proprietary Limited (South Africa), Compania Minera Autlan(Mexico), ERACHEM Comilog (USA), Eramet SA (France), Eurasian Natural Resources Corporation Limited (UK), Gulf Manganese Corporation Limited (Australia), Manganese Metal Company (Pty) Ltd. (South Africa), MaxTech Ventures (Canada), Mesa Minerals Limited (Australia), MOIL Limited (India), Ningxia Tianyuan Manganese Industry Co., Ltd. (China), Consolidated Minerals Limited (Australia), Nippon Denko Company Ltd. (Japan), OM Holdings Limited (Singapore), South32 Limited (Australia), Tosoh Corporation (Japan), Tronox Limited (USA), Vale S.A. (Brazil), Xiangtan Electrochemical Scientific (China)”.
Report Scope
Report Attributes | Report Details |
Report Title | Manganese Market Research Report |
By Type | Alloys (FeMn, SiMn, Refined FeMn, & Others), Electrolytic Manganese |
By Application | Steel, Batteries, Others |
By Companies | African Rainbow Minerals(South Africa), Anglo Americanplc(UK), Assmang Proprietary Limited (South Africa), Compania Minera Autlan(Mexico), ERACHEM Comilog (USA), Eramet SA (France), Eurasian Natural Resources Corporation Limited (UK), Gulf Manganese Corporation Limited (Australia), Manganese Metal Company (Pty) Ltd. (South Africa), MaxTech Ventures (Canada), Mesa Minerals Limited (Australia), MOIL Limited (India), Ningxia Tianyuan Manganese Industry Co., Ltd. (China), Consolidated Minerals Limited (Australia), Nippon Denko Company Ltd. (Japan), OM Holdings Limited (Singapore), South32 Limited (Australia), Tosoh Corporation (Japan), Tronox Limited (USA), Vale S.A. (Brazil), Xiangtan Electrochemical Scientific (China) |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 202 |
Number of Tables & Figures | 142 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
Global Manganese Market Report Segments:
The market is segmented by Type Alloys (FeMn, SiMn, Refined FeMn, & Others), Electrolytic Manganese and By Application Steel, Batteries, Others.
Some of the companies that are profiled in this report are:
- African Rainbow Minerals(South Africa)
- Anglo Americanplc(UK)
- Assmang Proprietary Limited (South Africa)
- Compania Minera Autlan(Mexico)
- ERACHEM Comilog (USA)
- Eramet SA (France)
- Eurasian Natural Resources Corporation Limited (UK)
- Gulf Manganese Corporation Limited (Australia)
- Manganese Metal Company (Pty) Ltd. (South Africa)
- MaxTech Ventures (Canada)
- Mesa Minerals Limited (Australia)
- MOIL Limited (India)
- Ningxia Tianyuan Manganese Industry Co., Ltd. (China)
- Consolidated Minerals Limited (Australia)
- Nippon Denko Company Ltd. (Japan)
- OM Holdings Limited (Singapore)
- South32 Limited (Australia)
- Tosoh Corporation (Japan)
- Tronox Limited (USA)
- Vale S.A. (Brazil)
- Xiangtan Electrochemical Scientific (China)
Manganese Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
- Industry drivers, restraints, and opportunities covered in the study
- Neutral perspective on the market performance
- Recent industry trends and developments
- Competitive landscape & strategies of key players
- Potential & niche segments and regions exhibiting promising growth covered
- Historical, current, and projected market size, in terms of value
- In-depth analysis of the Manganese Market
Overview of the regional outlook of the Manganese Market:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
Highlights of The Manganese Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of Manganese Market.
- Historical data and forecast.
- Estimations for the forecast period 2028.
- Developments and trends in the market.
- By Type:
1. Alloys (FeMn, SiMn, Refined FeMn, & Others)
2. Electrolytic Manganese
7. By Application:1. Steel
2. Batteries
3. Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Manganese Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
Reasons to Purchase the Manganese Market Report:
- The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
- Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
- Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
- The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
- Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Manganese Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Manganese Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Manganese Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Manganese Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Manganese Market Size & Forecast, 2018-2028
4.5.1 Manganese Market Size and Y-o-Y Growth
4.5.2 Manganese Market Absolute $ Opportunity
Chapter 5 Global Manganese Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Manganese Market Size Forecast by Type
5.2.1 Alloys (FeMn
5.2.2 SiMn
5.2.3 Refined FeMn
5.2.4 & Others)
5.2.5 Electrolytic Manganese
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Manganese Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Manganese Market Size Forecast by Applications
6.2.1 Steel
6.2.2 Batteries
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Manganese Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Manganese Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Manganese Analysis and Forecast
9.1 Introduction
9.2 North America Manganese Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Manganese Market Size Forecast by Type
9.6.1 Alloys (FeMn
9.6.2 SiMn
9.6.3 Refined FeMn
9.6.4 & Others)
9.6.5 Electrolytic Manganese
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Manganese Market Size Forecast by Applications
9.10.1 Steel
9.10.2 Batteries
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Manganese Analysis and Forecast
10.1 Introduction
10.2 Europe Manganese Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Manganese Market Size Forecast by Type
10.6.1 Alloys (FeMn
10.6.2 SiMn
10.6.3 Refined FeMn
10.6.4 & Others)
10.6.5 Electrolytic Manganese
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Manganese Market Size Forecast by Applications
10.10.1 Steel
10.10.2 Batteries
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Manganese Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Manganese Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Manganese Market Size Forecast by Type
11.6.1 Alloys (FeMn
11.6.2 SiMn
11.6.3 Refined FeMn
11.6.4 & Others)
11.6.5 Electrolytic Manganese
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Manganese Market Size Forecast by Applications
11.10.1 Steel
11.10.2 Batteries
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Manganese Analysis and Forecast
12.1 Introduction
12.2 Latin America Manganese Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Manganese Market Size Forecast by Type
12.6.1 Alloys (FeMn
12.6.2 SiMn
12.6.3 Refined FeMn
12.6.4 & Others)
12.6.5 Electrolytic Manganese
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Manganese Market Size Forecast by Applications
12.10.1 Steel
12.10.2 Batteries
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Manganese Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Manganese Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Manganese Market Size Forecast by Type
13.6.1 Alloys (FeMn
13.6.2 SiMn
13.6.3 Refined FeMn
13.6.4 & Others)
13.6.5 Electrolytic Manganese
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Manganese Market Size Forecast by Applications
13.10.1 Steel
13.10.2 Batteries
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Manganese Market: Competitive Dashboard
14.2 Global Manganese Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 African Rainbow Minerals(South Africa)
14.3.2 Anglo Americanplc(UK)
14.3.3 Assmang Proprietary Limited (South Africa)
14.3.4 Compania Minera Autlan(Mexico)
14.3.5 ERACHEM Comilog (USA)
14.3.6 Eramet SA (France)
14.3.7 Eurasian Natural Resources Corporation Limited (UK)
14.3.8 Gulf Manganese Corporation Limited (Australia)
14.3.9 Manganese Metal Company (Pty) Ltd. (South Africa)
14.3.10 MaxTech Ventures (Canada)
14.3.11 Mesa Minerals Limited (Australia)
14.3.12 MOIL Limited (India)
14.3.13 Ningxia Tianyuan Manganese Industry Co., Ltd. (China)
14.3.14 Consolidated Minerals Limited (Australia)
14.3.15 Nippon Denko Company Ltd. (Japan)
14.3.16 OM Holdings Limited (Singapore)
14.3.17 South32 Limited (Australia)
14.3.18 Tosoh Corporation (Japan)
14.3.19 Tronox Limited (USA)
14.3.20 Vale S.A. (Brazil)
14.3.21 Xiangtan Electrochemical Scientific (China)