openPR Logo
Press release

Manganese Carbonate Market - Global Industry Analysis 2023

12-26-2016 02:13 PM CET | Industry, Real Estate & Construction

Press release from: TMR – Research Reports

Manganese Carbonate Market - Global Industry Analysis 2023

The global manganese carbonate market currently demonstrates the presence of numerous small and medium-scale companies. As per a new Transparency Market Research (TMR) report, intense competition exists among these enterprises engaged in the manufacturing different grades of manganese carbonate. In order to gain a stronger hold in the market, companies such as American Elements, Alfa Aesar, Zncus Chemical Co., Ltd., and GFS Chemicals, Inc. are investing in the research and development of novel grades of manganese carbonate. These companies are working closely with consumers to develop products that cater to their dynamic preferences.

Besides these, the leading companies in the market are also looking to expand their production capacities by capitalizing on untapped opportunities in emerging markets. Due to the prevalence of these factors, the degree of competition in the market is expected to remain high through the forecast period from 2015 to 2023.

Get Free PDF Research Brochure for more Professional and Technical Insights: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=4052

Rising Use of Manganese Carbonate as Micronutrient in Agriculture to Fuel its Demand

The rising use of manganese carbonate as an essential agriculture micronutrient will considerably fuel their sales. This chemical is often added to plant fertilizers as a treatment for crops with manganese-deficiency. Agricultural sector still holds dominance across several emerging economies in Asia Pacific and Latin America. Hence, these regions are projected to provide lucrative opportunities for manganese carbonate manufacturers, as they exhibit high demand for micronutrient fertilizers.

“Since, manganese carbonate is used as a colorant in ceramics and porcelain products, their increasing use in the homeware industry will fuel demand from the manganese carbonate market,” observed the author of the TMR study. The homeware market witnesses lucrative opportunities in Asia Pacific and the Middle East and Africa. Demand for porcelain and ceramics is thus high across these regions, which translates into increased opportunities for manganese carbonate sales.

Region-specific Concentration of Reserves to Limit Scope for Expansion

One of the key factors favoring growth of the manganese carbonate market in emerging regions such as Latin America, Africa, and Asia Pacific is that a majority of manganese reserves are concentrated in these regions. However, “Region-specific concentration of manganese reserves have resulted in lesser global opportunities for manufacturers,” states the TMR analyst. This limits the market’s expansion in developed economies. Furthermore, the majority of manufacturers have signed agreements with mining companies located in close vicinity. This in turn hinders the entry of new players in the market in the absence of favorable agreements.

Nevertheless, the potential applications of manganese carbonate in concrete staining will boost its sales in the near future. Concrete staining is slowly emerging as popular technique to create decorate, durable, and easy to maintain home surfaces. The rising use of manganese carbonate to stain concrete surfaces will bolster its sales opportunities in the forthcoming years.

Browse Market Research Report with ToC & Free Analysis : http://www.transparencymarketresearch.com/manganese-carbonate-market.html

Based on volume, the agrochemicals segment reported the highest demand for manganese carbonate in 2014. The segment held over 68% of the manganese carbonate market in the year. Regionally, Asia Pacific dominated the global manganese carbonate market, holding a share of 75.5% in terms of volume in 2014.

By revenue, the global manganese carbonate market stood at US$322.2 mn in 2014. Exhibiting a CAGR of 4.2% between 2015 and 2023, the market is expected to reach US$464.1 mn by the end of 2023.

The review is based on findings of a TMR report, titled “Manganese Carbonate Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023.”

Key Takeaway:
Rising use of manganese carbonate as a micronutrient in agriculture to keep revenue growth steady.
Accounting for 68% of the market in 2014, agrochemicals segment exhibited highest demand for manganese carbonate.
Asia Pacific accounted for 75.5% of global demand for manganese carbonate in 2014.

The report segments the global manganese carbonate market as:

Manganese Carbonate Market – Application Analysis
Agrochemicals
Glaze Colorant
Chemical Intermediates
Others (Including Food Supplements and Medical)

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/
Visit Blog : http://globalresearchanalysis.blogspot.in/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Manganese Carbonate Market - Global Industry Analysis 2023 here

News-ID: 401379 • Views: 288

More Releases from TMR – Research Reports

Power Line Communication Market to Present Highly Lucrative Opportunities for Ma …
Power Line Communication (PLC) is an emerging communication technology which enables data exchange over existing power cables. It uses power grids to communicate between two end-points. PLC technology allow users to control or retrieve data in a half-duplex manner. Furthermore, in this communication method, sender modulates the data, and injects in power cables which can be retrieved by de-modulation at the receiving end. PLC technology is widely used for home
Wood Coatings Market - Roof coatings to Register High Demand | 2025
The global wood coatings market is choc-o-bloc with players and this has served to intensify the competition over the years. Product differentiation is a key tool leveraged by players to steal a march over their competitors. Key factors promoting growth in the market are the soaring construction activities across the globe and the increasing spending capacity of people which has stoked sales of furniture. Another factor catalyzing growth in the global
Welding Materials Market - Thriving Growth In Industrial Application Segments By …
The global welding materials market is growing on account of the thriving growth of application segments such as transportation, building and construction, marine, and automobiles. The growing urbanization in developing nations will drive the growth of this market. The increasing infrastructure development in Asia Pacific will also fuel the growth of the welding materials market. The technological advancements in the automobile industry will also aid the growth of this market.
Intumescent Coatings Market Demand for Improved Fire Safety to Fuel Growth By 20 …
The global intumescent coatings market has remained moderately concentrated as nearly 45% of its overall share was held by three enterprises in 2015. These companies were Sherwin-Williams Co., PPG Industries Inc., and Nobel N.V., finds Transparency Market Research (TMR) in a new study. These companies, besides other prominent market players are continuously making efforts to expand their regional footprint by establishing new manufacturing units. While expanding operations across emerging nations has

All 5 Releases


More Releases for Manganese

Electrolytic Manganese Dioxide (EMD) for batteries Market
The research study offers an in-depth assessment of the Global Electrolytic Manganese Dioxide (EMD) for batteries Market. It also helps market participants to gain robust insights into the industry and formulate lucrative strategies. The study brings a detailed investigation of the market by tracking upcoming trends, regional growth drivers, and expert opinions. It accurately studies the historical data related to the market and provides statistically supporting industry-certified data. It depicts
Silico Manganese Market Research Report 2019
This report studies the global Silico Manganese market status and forecast, categorizes the global Silico Manganese market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, and other regions (India, Southeast Asia). Download FREE Sample of this Report @ https://www.24chemicalresearch.com/download-sample/6556/global-silico-manganese-2019-739 The major manufacturers covered in Silico Manganese market report PJSC Nikopol Erdos Group Sheng Yan Group Ningxia Jiyuan Metallurgical Group Henan Xibao
Manganese Sulfate Global Market Research Report 2018
GET SAMPLE REPORT @ https://www.research2reports.com/sample-report-chemical/manganese-sulfate-market/79618 Manganese Sulfate Report by Material, Application, and Geography � Global Forecast to 2022 is a professional and in-depth research report on the world's major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, united Kingdom, Japan, South Korea and China). The report firstly introduced the Manganese Sulfate basics: definitions, classifications, applications and market overview; product specifications;
Strategic Insight into the Manganese Mining Market
Manganese is a very hard, brittle, pinking grey metal. It is reactive in nature and becomes chemically active with air, water, and many acids. Manganese is used extensively in the production of steel for deoxidization and desulfuration. It improves the weldability, wear resistance, tensile strength, and hardness of steel. Manganese is also used with copper, aluminum, and other elements to manufacture different types of alloys. The rapid progress of infrastructural
Manganese Battery Market Professional Survey Report 2017
Manganese Battery in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022. Read Detailed Full Report @ https://www.reportsandmarkets.com/reports/global-manganese-battery-market-professional-survey-report-2017-1684223 Manganese Battery report focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering Panasonic, BYD, MYJ, Westinghouse, Fujitsu, Hitachi Maxell, vinnic, Toshiba, ... Go To Sample Report @ https://www.reportsandmarkets.com/sample-request/global-manganese-battery-market-professional-survey-report-2017-1684223 On the basis of product, this
Manganese Carbonate Market - Opportunity Assessment 2015 - 2023
The global manganese carbonate market currently demonstrates the presence of numerous small and medium-scale companies. As per a new Transparency Market Research (TMR) report, intense competition exists among these enterprises engaged in the manufacturing different grades of manganese carbonate. In order to gain a stronger hold in the market, companies such as American Elements, Alfa Aesar, Zncus Chemical Co., Ltd., and GFS Chemicals, Inc. are investing in the research and