Electrolytic Manganese Dioxide (EMD) Market is expected to reach US$ 1,315.9 Million by 2028

According to the latest research study on "Electrolytic Manganese Dioxide (EMD) Market - Outlook & Forecast 2023-2028" the market is expected to grow from USD 936.1 million in 2022 to USD 1,315.9 million by 2028; it is estimated to grow at a CAGR of 5.84% from 2023 to 2028. The report highlights trends prevailing in the market and factors driving the market growth. The demand for alkaline batteries remains high across the world due to the numerous advantages of alkaline batteries, such as low cost and wide application across consumer electronics, including flashlights, calculators, clocks, and smoke alarms. Factors such as the increasing demand for alkaline batteries in military applications and increased demand for consumer electronics are expected to drive the market studied during the forecast period.

Manganese dioxide is used for manufacturing dry cell batteries in which it functions as a depolarizer of hydrogen. For use in dry cell battery, suitability of ore depends not only on manganese dioxide content but also on its crystallographic structure. Ore having predominant gamma structure is required. The ore must have high manganese dioxide and low iron content, a certain degree of porosity and moderate hardness. It should be free from metallic compounds, such as, copper, nickel, cobalt, arsenic, lead and antimony, which are electronegative to zinc (container).

The electrolytic manganese dioxide (EMD) market has been broadly segmented based on the categories of application and regional presence. The market has been divided on the basis of application into zinc-carbon battery, alkaline battery and lithium-ion battery. Alkaline battery emerged as the largest application segment held the largest market share in 2022 and is expected to grow at a CAGR of 2.7% from 2023 to 2028. Rising demand in emerging economies such as India, and China is anticipated to drive the global EMD market in near future. Lithium-ion battery accounted for 19.3% of market share in 2022 and is expected to grow at a CAGR of 14.8% from 2023 to 2028.

Asia-Pacific was the largest EMD market, accounting for 62.7% of global volume in 2022. The market in the region is anticipated to gain share by 6.5% on account of growing EMD demand in emerging countries such as China, India and ASEAN members. EMD is majorly employed in cathodes of batteries. Growing electronics industry is anticipated to drive EMD demand over the forecast period. EMD is employed in cathode of batteries that are used to operate electronic products. Moreover, growing automotive electronics industry coupled with rising power storage systems demand in the region is anticipated to have a positive impact on market growth. Asia Pacific is the largest EMD producer in the world. Growth in EV battery production is being driven in general by the Asia-Pacific region and in particular by China. China is making a concerted effort to build an internal battery manufacturing infrastructure to support an ever-expanding EV market, which now boasts more than 90 different models, in addition to developing electric buses that are already registering astronomical growth.

Major players operating in the global market include Xiangtan Electrochemical Technology Co., Ltd., CITIC Dameng Mining Industries Ltd., Tosoh Corporation, Guizhou Red Star Developing Co., Ltd., Borman Specialty Materials LLC (Tronox LLC), Guangxi Jingxi County Yizhou Manganese Industry Co., Ltd., Prince International Corporation (Erachem Manganese Chemicals), Eveready Battery Company, Inc. (Energizer Holdings, Inc.), Compania Minera Autlan, SAB de CV (Cegassa EMD), Guangxi Guiliu Chemical Co., Ltd., Quintal S.A., MOIL Limited, etc.

The report segments Electrolytic Manganese Dioxide (EMD) Market as follows:

The global EMD market is bifurcated on the basis of application. Based on application, the global refrigerated incubators market is segmented into zinc-carbon battery, lithium-ion Battery, and alkaline battery.

By geography, the global EMD market is segmented into North America (the US, Canada, and Mexico), Europe (France, Germany, the UK, Spain, Italy, Russia, and the Rest of Europe), Asia Pacific (China, India, Japan, Australia, South Korea, Taiwan, Indonesia and the Rest of APAC), the Middle East & Africa (Middle East, South Africa, and the Rest of MEA), and South America (Brazil, Argentina, and the Rest of SAM).

Tanalyze Limited
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Paul Chen
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