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Manganese Market : Size, Share, Report, Analysis, Growth, Forecast to 2023

10-15-2018 03:01 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Allied Market Research

Manganese Market

Manganese Market

Manganese is a brittle silvery white metal found in combination with iron. The physical and chemical properties of manganese are similar to that of iron. However, manganese is more brittle and harder. Around 90% of the available manganese is used for steel production. Manganese is vital for the growth of plants and integration of nitrates in algae and green plants. However, excessive intake of manganese in animals and plant is detrimental for their growth.

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The industry is expected to witness significant growth in the near future, owing to surge in demand for lithium-ion batteries. Moreover, increase in investments for infrastructure development projects, increase in automobile production, and rapid urbanization in emerging economies drive the market growth. The other supplementing factors of the manganese market are recovery in prices of both manganese ore and manganese ferroalloy, and emergence of new application markets. However, slowdown in steel consumption is expected to hamper the market growth.

The global manganese market is segmented based on application, metallurgical application, end-user industry, and geography. Based on application, the market is divided into alloys and others. Based on metallurgical application, the market is categorized into high-carbon ferromanganese, refined ferromanganese, and silicomanganese. Based on end-user industry, the market is segmented into steel, batteries, and others. Based on geography, the market is analyzed into North America, Europe, Asia-Pacific, and LAMEA.

The major players operating in the global market have adopted key strategies such as mergers, acquisitions, collaborations, and partnerships to strengthen their market outreach and sustain the stiff competition in the market.

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Key Manganese Market Players:

• Anglo American Plc
• Assmang Proprietary Ltd.
• Carus Corporation
• Compania Minera Autlan
• Consolidated Minerals Limited
• Mesa Minerals Limited
• MOIL Limited
• Nippon Denko Company Ltd.
• S.A.B De C.V.
• ERACHEM Comilog, Inc.

Key Benefits

• This report provides a quantitative analysis of the current trends, estimations, and dynamics from 2016 to 2023 to assist in identifying the prevailing market opportunities.
• The major countries in each region have been mapped based on their market revenues.
• This study evaluates the competitive landscape to understand the competitive environment across geographies.
• An in-depth analysis of each segment of the global manganese market is provided in the report.

For More Details on this Report visit @ https://www.alliedmarketresearch.com/manganese-market

About us

Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.

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