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Manganese Market worth $42.18 billion by 2030, growing at a CAGR of 6.04% - Exclusive Report by 360iResearch
Manganese Market | 360iResearch
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Manganese, a chemical element vital for various industrial, metallurgical, and chemical processes, is essential for the production of steel and iron due to its sulfur-fixing, deoxidizing, and alloying properties, and is also crucial in battery production, specifically manganese dioxide for electric vehicles (EVs). Its applications extend to producing various chemicals and aluminum alloys used in aerospace and automotive sectors. Key end-use scopes include construction, automotive, electronics, batteries, and agriculture, underscoring the element's widespread industrial utility. Market growth is driven by industrialization, urbanization, automotive industry expansion, technological advancements, and an increased focus on renewable energy, leading to opportunities in green energy transition, recycling technologies, strategic partnerships, and geographic expansion, particularly in emerging markets in the Asia-Pacific region. However, market growth faces limitations such as resource scarcity, environmental impacts from mining, market volatility influenced by geopolitical tensions, supply-demand gaps, technological hurdles in developing cost-effective recycling methods, and supply chain disruptions due to regional dependencies. Areas for innovation and research include enhancing battery technology with new manganese-based compounds, sustainable mining practices, advanced recycling methods, and developing new manganese-based alloys for specific industry needs. The market is characterized by a competitive landscape dominated by mining and steel giants, influenced by stringent environmental regulations and global dependency on specific regions for manganese mining and export, highlighting the need for strategic navigation and continuous investment in research and partnerships to achieve sustainable growth.
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Market Segmentation & Coverage:
This research report categorizes the Manganese Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Ore Grade, market is studied across High Grade Manganese Ore (Over 44%-48% Mn), Low Grade Manganese Ore (25%-35% Mn), and Medium Grade Manganese Ore (35%-44% Mn).
Based on Application, market is studied across Alloys and Pure.
Based on End-Use, market is studied across Automotive & Transportation, Building & Construction, Chemicals & Metals, Consumer Goods, Energy & Utility, and Industrial.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.
Key Company Profiles:
The report delves into recent significant developments in the Manganese Market, highlighting leading vendors and their innovative profiles. These include Anyang Wanhua Metal Material Co.,Ltd., Otto Chemie Pvt Ltd., OM Holdings Ltd., American Elements, CompañÃa Minera Autlán, S.A.B. de C.V., G K Min Met Alloys Co., African Rainbow Minerals Limited, Singhania International Limited, BHP Group Limited, Atlantic Equipment Engineers, Inc., Anglo American PLC, Giyani Metals Corp., Central Drug House (P) Ltd., Kamman Group, Eramet S.A., Belmont Metals Inc., Merck KGaA, XI'AN FUNCTION MATERIAL GROUP CO.,LTD., SCR-Sibelco NV, South32 Limited, MOIL Limited, Umicore, Afrimat Group, Jupiter Mines Limited, Metallic Ferro Alloys LLP, and Manganese Metal Company (Pty) Ltd..
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Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Manganese Market, by Ore Grade
7. Manganese Market, by Application
8. Manganese Market, by End-Use
9. Americas Manganese Market
10. Asia-Pacific Manganese Market
11. Europe, Middle East & Africa Manganese Market
12. Competitive Landscape
13. Competitive Portfolio
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