Reports
Reports
Amid Ukraine-Russia crisis, our analysts and industry experts are closely monitoring the markets and working hard to identify, gather and timely deliver analysis of the impact of the situation and the impact that it has on various markets. All our reports are updated with the latest impact on the market before being sent out to our customers.
Sale
The global electrolytic manganese metal market size is expected to grow in the forecast period of 2023-2028 at a CAGR of 5.70%.
The increasing applications of electrolytic manganese metal flakes in the production of stainless steel is driving the segment’s growth. The growing demand for stainless steel in various end use industries such as construction and automotive is propelling the demand for electrolytic manganese metal flakes.
In addition, electrolytic manganese metal can increase the strength and tenacity of steel. In this regard, the increasing focus of the steel manufacturers towards producing steel with superior strength is further bolstering the demand for electrolytic manganese metal flakes.
Meanwhile, the electrolytic manganese metal powder segment is anticipated to witness a high demand in the forecast period owing to its increasing application in non-ferrous and steel alloys. It is used to improve the strength and toughness of an alloy, which is anticipated to boost the application of the product in high-quality alloys.
The electrolytic manganese metal market in the Europe region is being driven by the increasing demand for electrolytic manganese metal as a raw material in the European Union’s rapidly expanding electric vehicle and lithium-ion battery market. In addition to this, the strong foothold of major electric vehicle manufacturers in the region is likely to propel the demand for electrolytic manganese metal for manufacturing manganese-based batteries.
The growing research and development activities aimed towards producing rechargeable lithium-ion batteries are anticipated to provide impetus to the market in the forecast period. Furthermore, the market is likely to be aided by rapid urbanisation, robust industrialisation, and increasing standards of living in countries such as Spain, France, and Germany, among others.
Electrolytic manganese metal, also known as high purity manganese, is defined as an element which is considered as a pure form of manganese and is obtained by electrolysing manganese during its refining process. It is a hard and durable metal with high corrosion and wear resistance. The automotive industry is a major consumer of this metal.
Based on form, the market can be segmented into:
By application, the electrolytic manganese metal market has been divided into:
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The increasing demand for manganese-based batteries to power battery electric vehicles is escalating the demand outlook of electrolytic manganese metal. Additionally, the electrification strategies adopted by major automobile companies are further amplifying the production of electrolytic manganese metal. Over the forecast period, the anticipated increase in the sale of electric battery vehicles owing to the stringent government regulations against emission of carbon is anticipated to propel the demand for electrolytic manganese metal.
Meanwhile, the high price of alternative battery metals such as cobalt, is prompting automotive engineers to use manganese-based batteries, which is another crucial driving factor of the electrolytic manganese metal market. Moreover, the increasing application of electrolytic manganese metal in military-grade supplements in the military and defence industry is likely to bolster the market growth.
The market is also anticipated to be aided by the growing research and development activities by major electronic equipment manufacturers to gain a competitive edge in battery recycling market. This would in turn increase the dependence on electrolytic manganese metal. However, the lack of inadequate processing capacity of electrolytic manganese metal might lead to a supply-demand gap, which is likely to hinder the market growth.
The report gives a detailed analysis of the following key players in the global electrolytic manganese metal market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
REPORT FEATURES | DETAILS |
---|---|
Base Year | 2022 |
Historical Period | 2018-2022 |
Forecast Period | 2023-2028 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
Breakup by Form |
|
Breakup by Application |
|
Breakup by Region |
|
Market Dynamics |
|
Price Analysis |
|
Competitive Landscape |
|
Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Electrolytic Manganese Metal Market Analysis
8.1 Key Industry Highlights
8.2 Global Electrolytic Manganese Metal Historical Market (2018-2022)
8.3 Global Electrolytic Manganese Metal Market Forecast (2023-2028)
8.4 Global Electrolytic Manganese Metal Market by Form
8.4.1 Flake
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Powder
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.5 Global Electrolytic Manganese Metal Market by Application
8.5.1 Steel
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Aluminium Alloy
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Magnetic Material
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Chemical
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.5.5 Others
8.6 Global Electrolytic Manganese Metal Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 EMR’s Key Indicators for Demand
10.4 EMR’s Key Indicators for Price
11 Value Chain Analysis
12 Price Analysis
13 Competitive Landscape
13.1 Market Structure
13.2 Company Profiles
13.2.1 Ningxia Tianyuan manganese industry (Group) Co., Ltd.
13.2.1.1 Company Overview
13.2.1.2 Product Portfolio
13.2.1.3 Demographic Reach and Achievements
13.2.1.4 Certifications
13.2.2 NIPPON DENKO CO.,LTD.
13.2.2.1 Company Overview
13.2.2.2 Product Portfolio
13.2.2.3 Demographic Reach and Achievements
13.2.2.4 Certifications
13.2.3 Belmont Metals Inc.
13.2.3.1 Company Overview
13.2.3.2 Product Portfolio
13.2.3.3 Demographic Reach and Achievements
13.2.3.4 Certifications
13.2.4 Mesa Minerals Limited
13.2.4.1 Company Overview
13.2.4.2 Product Portfolio
13.2.4.3 Demographic Reach and Achievements
13.2.4.4 Certifications
13.2.5 Jayesh Industries Limited
13.2.5.1 Company Overview
13.2.5.2 Product Portfolio
13.2.5.3 Demographic Reach and Achievements
13.2.5.4 Certifications
13.2.6 Guangxi Start Manganese Materials Co., Ltd.
13.2.6.1 Company Overview
13.2.6.2 Product Portfolio
13.2.6.3 Demographic Reach and Achievements
13.2.6.4 Certifications
13.2.7 Manganese Metal Company (Pty) Ltd.
13.2.7.1 Company Overview
13.2.7.2 Product Portfolio
13.2.7.3 Demographic Reach and Achievements
13.2.7.4 Certifications
13.2.8 Others
14 Industry Events and Developments
List of Key Figures and Tables
1. Global Electrolytic Manganese Metal Market: Key Industry Highlights, 2018 and 2028
2. Global Electrolytic Manganese Metal Historical Market: Breakup by Form (USD Million), 2018-2022
3. Global Electrolytic Manganese Metal Market Forecast: Breakup by Form (USD Million), 2023-2028
4. Global Electrolytic Manganese Metal Historical Market: Breakup by Application (USD Million), 2018-2022
5. Global Electrolytic Manganese Metal Market Forecast: Breakup by Application (USD Million), 2023-2028
6. Global Electrolytic Manganese Metal Historical Market: Breakup by Region (USD Million), 2018-2022
7. Global Electrolytic Manganese Metal Market Forecast: Breakup by Region (USD Million), 2023-2028
8. North America Electrolytic Manganese Metal Historical Market: Breakup by Country (USD Million), 2018-2022
9. North America Electrolytic Manganese Metal Market Forecast: Breakup by Country (USD Million), 2023-2028
10. Europe Electrolytic Manganese Metal Historical Market: Breakup by Country (USD Million), 2018-2022
11. Europe Electrolytic Manganese Metal Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Asia Pacific Electrolytic Manganese Metal Historical Market: Breakup by Country (USD Million), 2018-2022
13. Asia Pacific Electrolytic Manganese Metal Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Latin America Electrolytic Manganese Metal Historical Market: Breakup by Country (USD Million), 2018-2022
15. Latin America Electrolytic Manganese Metal Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Middle East and Africa Electrolytic Manganese Metal Historical Market: Breakup by Country (USD Million), 2018-2022
17. Middle East and Africa Electrolytic Manganese Metal Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Global Electrolytic Manganese Metal Market Structure
The market is projected to grow at a CAGR of 5.70% between 2023 and 2028.
The market is expected to witness a healthy growth in the forecast period of 2023-2028.
The growing research and development activities in the automotive and aerospace and defence industry are likely to be the key trends in the market.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major market drivers include the increasing application of the product in the manufacture of electric vehicles, increasing adoption of electrification strategies adopted by the automotive companies, and transition from cobalt as a metal component in batteries towards manganese.
Flake and powder are the different segments based on form.
Steel, aluminium alloy, magnetic material, and chemical, among others is the segmentation of market based on application.
The major players in the industry are Ningxia Tianyuan manganese industry (Group) Co., Ltd., NIPPON DENKO CO.,LTD., Belmont Metals Inc., Mesa Minerals Limited, Jayesh Industries Limited, Guangxi Start Manganese Materials Co., Ltd., and Manganese Metal Company (Pty) Ltd., among others.
Mini Report
Single User License
Five User License
Corporate License
Any Question? Speak With An Analyst
View A Sample
Did You Miss Anything, Ask Now
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.