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Manganese: Global Strategic Business Report

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    Report

  • 213 Pages
  • February 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 338730

Global Manganese Market to Reach 39.3 Million Metric Tons by 2030

The global market for Manganese estimated at 23.9 Million Metric Tons in the year 2022, is projected to reach a revised size of 39.3 Million Metric Tons by 2030, growing at a CAGR of 6.4% over the analysis period 2022-2030. SiMn, one of the segments analyzed in the report, is projected to record 6.7% CAGR and reach 26.2 Million Metric Tons by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the FeMn segment is readjusted to a revised 5.3% CAGR for the next 8-year period.

The U.S. Market is Estimated at 6.5 Million Metric Tons, While China is Forecast to Grow at 10.3% CAGR

The Manganese market in the U.S. is estimated at 6.5 Million Metric Tons in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of 8.8 Million Metric Tons by the year 2030 trailing a CAGR of 10.3% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.7% and 5.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.6% CAGR.

Select Competitors (Total 77 Featured) -

  • African Rainbow Minerals Limited
  • Anglo American plc
  • Assmang Proprietary Limited
  • Compania Minera Autlan, S.A.B. De C.V.
  • Consolidated Minerals Limited
  • Eramet SA
  • Gulf Manganese Corporation Limited
  • Manganese Metal Company (Pty) Ltd.
  • MaxTech Ventures Inc.
  • MOIL Limited
  • Ningxia Tianyuan Manganese Industry Co., Ltd.
  • Nippon Denko Company Ltd.
  • OM Holdings Limited
  • South32 Limited
  • Tosoh Corporation
  • Tronox Limited
  • Vale S.A

What's New?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Manganese: A Small yet Irreplaceable Component for Improving Strength and Ductility in Steelmaking
  • Recent Market Activity
  • Important Manganese Properties Summarized
  • Global Manganese Resources and Reserves
  • Manganese Production Worldwide: South Africa, Australia, and China Dominate
  • Manganese (Mn) Alloys Production
  • Manganese Potentially Headed for Supply Crunch in the Near Future
  • Maxtech Ventures to Develop Brazilian and Moroccan Manganese Assets to Counter Supply Issues
  • Manganese: Price Dynamics
  • Global Market Outlook
  • Developing Countries Spearhead Market Growth
  • Improving Economic Outlook Signals Market Optimism
  • Manganese - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
  • African Rainbow Minerals Limited (South Africa)
  • Anglo American plc (UK)
  • Assmang Proprietary Limited (South Africa)
  • Compania Minera Autlan, S.A.B. De C.V. (Mexico)
  • ERACHEM Comilog Inc. (USA)
  • Eramet SA (France)
  • Eurasian Natural Resources Corporation Limited (UK)
  • Gulf Manganese Corporation Limited (Australia)
  • Manganese Metal Company (Pty) Ltd. (South Africa)
  • MaxTech Ventures Inc. (Canada)
  • Mesa Minerals Limited (Australia)
  • MOIL Limited (India)
  • Ningxia Tianyuan Manganese Industry Co., Ltd. (China)
  • Consolidated Minerals Limited (Australia)
  • Nippon Denko Company Ltd. (Japan)
  • OM Holdings Limited (Singapore)
  • South32 Limited (Australia)
  • Tosoh Corporation (Japan)
  • Tronox Limited (USA)
  • Vale S.A. (Brazil)
  • Xiangtan Electrochemical Scientific Ltd. (China)
3. MARKET TRENDS & DRIVERS
  • Growing Demand for Electric Vehicles to Drive Healthy Market Growth for Manganese
  • Targets Promoting EV Sales in Select Countries
  • Manganese Oxide to Power Next-Generation Lithium-Ion Batteries
  • Common Li-Ion Cathode Chemistries at a Glance
  • Li-ion Battery Material Composition: Advantages and Disadvantages
  • Eco-Friendly Electric Vehicles to Propel Demand for High-Capacity Batteries
  • EV/HEV Related Government Regulations and Support Measures in Select Countries
  • Stable Outlook for Steel Production Sustain Mid-term Demand
  • Steel Production Accounts for Bulk of Manganese Consumption
  • Manganese in Steelmaking
  • Five High Manganese Steel Innovations from POSCO
  • Manganese to Revolutionize Off-the-Grid Power Storage Systems Market, Bodes Well for Market Adoption
  • Lithium Ion (Li-ion) Batteries: The Leader in Utility-Scale Applications
  • Price of Li-on Batteries Fall, But Not at the Rate Required for Mass Adoption
  • Growing Use of Manganese as Essential Nutrient in Fertilizers Boost Market Demand
  • Manganese as a Micronutrient in Agriculture
  • Commercial Fertilizers Comprising Manganese
  • High Demand for Various Batteries Drive Demand for Manganese in Battery Manufacture
  • Safety and Cost Advantages Drive Usage of Manganese in Alkaline Batteries
  • Alkaline Batteries: Dominant Consumer Battery Segment
  • Expanding Applications in Diverse Markets Benefit Demand for Manganese Oxide
  • Ferro Manganese Market to Register Steady Growth
  • Green Energy Initiatives Promote Demand for Electrolytic Manganese Metal
  • Emerging End-Use Applications Drives Manganese Carbonate Market
  • Chemical and Medical Applications Offer Huge Untapped Market Growth Potential
  • Medical Applications
  • Adequate Intake of Manganese
  • Role of Manganese in Wound Healing
  • Manganese Deficiency Leads to Several Diseases
  • Polysaccharide Krestin Found to Improve MnSOD Activity
  • Animal Feed Grade Manganese: Vital for Effective Reproductive Functioning
  • Key Challenges Hampering Market Prospects for Manganese
  • Health Issues Related to Manganese Toxicity
  • Manganese-Based Gasoline Additive Concerns Auto Manufacturers
  • Role of Mn in the Onset of Several Neurological Disorders
  • Presence of Manganese in Underground Potable Water: A Key Cause of Concern
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Manganese by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Metric Tons for Years 2022 through 2030 and % CAGR
  • Table 2: World Historic Review for Manganese by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Metric Tons for Years 2014 through 2021 and % CAGR
  • Table 3: World 16-Year Perspective for Manganese by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2023 & 2030
  • Table 4: World Recent Past, Current & Future Analysis for SiMn by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Metric Tons for Years 2022 through 2030 and % CAGR
  • Table 5: World Historic Review for SiMn by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Metric Tons for Years 2014 through 2021 and % CAGR
  • Table 6: World 16-Year Perspective for SiMn by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 7: World Recent Past, Current & Future Analysis for FeMn by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Metric Tons for Years 2022 through 2030 and % CAGR
  • Table 8: World Historic Review for FeMn by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Metric Tons for Years 2014 through 2021 and % CAGR
  • Table 9: World 16-Year Perspective for FeMn by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 10: World Recent Past, Current & Future Analysis for Refined FeMn by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Metric Tons for Years 2022 through 2030 and % CAGR
  • Table 11: World Historic Review for Refined FeMn by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Metric Tons for Years 2014 through 2021 and % CAGR
  • Table 12: World 16-Year Perspective for Refined FeMn by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 13: World Recent Past, Current & Future Analysis for Electrolytic Mn by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Metric Tons for Years 2022 through 2030 and % CAGR
  • Table 14: World Historic Review for Electrolytic Mn by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Metric Tons for Years 2014 through 2021 and % CAGR
  • Table 15: World 16-Year Perspective for Electrolytic Mn by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 16: World Recent Past, Current & Future Analysis for Other Product Segments by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Metric Tons for Years 2022 through 2030 and % CAGR
  • Table 17: World Historic Review for Other Product Segments by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Metric Tons for Years 2014 through 2021 and % CAGR
  • Table 18: World 16-Year Perspective for Other Product Segments by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 19: World Recent Past, Current & Future Analysis for Steel by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Metric Tons for Years 2022 through 2030 and % CAGR
  • Table 20: World Historic Review for Steel by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Metric Tons for Years 2014 through 2021 and % CAGR
  • Table 21: World 16-Year Perspective for Steel by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 22: World Recent Past, Current & Future Analysis for Batteries by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Metric Tons for Years 2022 through 2030 and % CAGR
  • Table 23: World Historic Review for Batteries by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Metric Tons for Years 2014 through 2021 and % CAGR
  • Table 24: World 16-Year Perspective for Batteries by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 25: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Metric Tons for Years 2022 through 2030 and % CAGR
  • Table 26: World Historic Review for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Metric Tons for Years 2014 through 2021 and % CAGR
  • Table 27: World 16-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 28: World Manganese Market Analysis of Annual Sales in Metric Tons for Years 2014 through 2030
III. MARKET ANALYSIS
UNITED STATES
  • Manganese Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
CANADA
JAPAN
  • Manganese Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
CHINA
  • Manganese Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
EUROPE
  • Manganese Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
FRANCE
  • Manganese Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
GERMANY
  • Manganese Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
ITALY
UNITED KINGDOM
  • Manganese Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
SPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Manganese Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
AUSTRALIA
  • Manganese Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2023 (E)
INDIA
  • Manganese Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2023 (E)
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Manganese Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2023 (E)
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Manganese Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2023 (E)
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • Manganese Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2023 (E)
IV. COMPETITION

Companies Mentioned

A selection of companies mentioned in this report includes:

  • African Rainbow Minerals Limited
  • Anglo American plc
  • Assmang Proprietary Limited
  • Compania Minera Autlan, S.A.B. De C.V.
  • Consolidated Minerals Limited
  • Eramet SA
  • Gulf Manganese Corporation Limited
  • Manganese Metal Company (Pty) Ltd.
  • MaxTech Ventures Inc.
  • MOIL Limited
  • Ningxia Tianyuan Manganese Industry Co., Ltd.
  • Nippon Denko Company Ltd.
  • OM Holdings Limited
  • South32 Limited
  • Tosoh Corporation
  • Tronox Limited
  • Vale S.A