Ultra-High Purity Manganese Sulphate Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports

Ultra-High Purity Manganese Sulphate Market Size
The global Ultra-High Purity Manganese Sulphate revenue was US$ 239.4 million in 2022 and is forecast to a readjusted size of US$ 864.9 million by 2029 with a CAGR of 18.2% during the forecast period (2023-2029).

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and India Ultra-High Purity Manganese Sulphate Market
Ultra-high purity manganese sulfate (UHPMSM) is a key product in the manufacturing process of Ni-Co manganese cathode for electric vehicle batteries. Batteries made from materials such as ultra-pure manganese sulfate have a shorter charge time, more storage capacity, and are healthier and more cost-effective. This report studies the battery grade, Pharma grade, and reagent grade manganese sulfate.
In India, the Ultra-High Purity Manganese Sulphate revenue is expected to grow from US$ million in 2022 to US$ million by 2029, at a CAGR of % during the forecast period (2023-2029).
Global key producers of high-purity manganese sulfate include Guizhou Dalong Huicheng New Material, ISKY Chemicals, and Guizhou Redstar Developing. The top two producers have a total market share of 55%, with the largest producer being Guizhou Dalong Huicheng New Material with a 35% share. Global origins are mainly in China and Europe, which China is the largest production region with a share of over 95%. In terms of process route, 96% of the market share is from manganese ore. In terms of its applications, NCM523 is its largest segment with 65% market share, followed by NCM622 with 20% share.

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Segment by Process Route
• Process Route: from Manganese Ore
• Process Route: from Electrolytic Manganese
• Resources Recovery

Segment by Application
• NCM333
• NCM523
• NCM622
• NCM811
• Others

By Company
Guizhou Dalong Huicheng New Material, ISKY Chemicals, Guizhou Redstar Developing, Guizhou Manganese Mineral Group, Guizhou Jinrui New Materials, Lantian Chemical, South Manganese Group, Guangxi Yuding New Materials, Guangxi Menghua Technology, Prince (ERACHEM Comilog), Guizhou Union Manganese Corporation, Xiangtan Electrochemical Scientific

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