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According to the latest research, the global Manganese market size was valued at USD 26812.31 million in 2022 and is expected to expand at a CAGR of 7.23% during the forecast period, reaching USD 40751.63 million by 2028.
Manganese is essential to iron and steel production by virtue of its sulfur-fixing, deoxidizing, and alloying properties. Manganese is mined in South Africa, Australia, China, Brazil, Gabon, Ukraine, India and Ghana and Kazakhstan.
Downstream demand
Due to the global pandemic of COVID-19, in order to stop the spread of the epidemic, the governments of many countries have issued the "Stay at home" order. As a result, many companies and factories shut down. To a certain extent, the demand for manganese in these industries declined. However, as the epidemic was gradually brought under control and the factory resumed normal operations, the situation gradually improved.
Logistics
Due to the epidemic situation, many countries have imposed controls on domestic transportation and the movement of people, and imposed restrictions on imported goods. This has led to various levels of logistics disruption, cargo accumulation and transportation delays. At present, the logistics industry in various countries is gradually recovering operations according to different national policies. It is expected that after the epidemic is further controlled, it will basically return to normal.
SME
The epidemic will have an impact on the cash flow of small and medium-sized enterprises in the industry and thus affect the operating conditions. As a result, the share of small and medium-sized enterprises in the market will shrink and the share of head enterprises will increase.
Industrial automation will further develop
The epidemic will promote automated production in the industry, enabling manufacturers to hire more high-tech talents and multi-skilled compound workers, reduce dependence on labor, and better respond to labor fluctuations. At the same time, more and more attention will be paid to the standardization of components, the intelligentization of logistics and the enhancement of the anti-risk ability of the supply chain.
Emission of pollutants
The discharge of pollutants has a serious impact on the environment and water quality. As countries pay more and more attention to environmental issues, some small mines have been shut down due to environmental protection policies. In the long run, it is conducive to the sustainable development of the manganese industry, but in the short term, the increase in product raw material costs and the decline in output will inevitably have a certain negative impact on the development of the manganese industry. In addition, the rising cost of treating pollutants will also have an impact on the company's capital flow.
Rising downstream demand
Due to the increasing threat of air pollution and increasing global attention to environmental protection, electric vehicles are expected to become more prominent in the automobile production structure in the next few years. Electric cars will become cheaper, and as concerns such as "worries that electric cars run out of electricity too early" are resolved, consumers' willingness to use electric cars will increase.
Manganese can be used as a negative electrode material for lithium-ion batteries. With the continuous expansion of lithium-ion batteries in new energy vehicles and electronic products, the development of manganese industry also ushered in new opportunities.
Encouragement by the policy environment, the improvement of performance, and the improvement of customer affordability are all favorable factors, and the battery industry's demand for manganese continues to increase.
Region Overview:
China is projected to account for a considerable share of the Manganese market and is expected to become the largest region by 2027.
Company Overview:
Eramet SA is one of the major players operating in the Manganese market, holding a share of 3.28% in 2022.
Eramet SA
Eramet, a global mining and metallurgy group, is a key player in the extraction and recovery of metals (manganese, nickel, mineral sands) as well as the development and processing of high added-value alloys (high-speed steels, high-performance steels, superalloys, and aluminum and titanium alloys).
Sheng Yan Group
Ningxia Shengyan Industrial Group Co., Ltd., together with its subsidiaries, engages in mining, processing, and production of manganese ore and alloys. It produces silicomanganese, carbon ferromanganese, and manganese slag and iron.
Segmentation Overview:
As for product types, the Alloys (FeMn, SiMn, Refined FeMn, & Others) segment held the largest market share in 2021.
Alloys (FeMn, SiMn, Refined FeMn, & Others)
Ferromanganese is used as deoxidiser, desulphuriser and degasser of steel, to eliminate nitrogen and other hazardous elements that are found at the first melting of iron. Silicomanganese, which is obtained thorough manganese carbotermia and using quartzite as a source of silicon, is used as a steel deoxidiser.
Electrolytic Manganese
Mainly refers to Electrolytic Manganese Dioxide (EMD). Electrolytic manganese dioxide (EMD) is the critical component of the cathode material in modern alkaline, lithium, and sodium batteries including electrochemical capacitors and hydrogen production.
Application Overview:
By application, the Steel segment occupied the biggest share from 2017 to 2022.
Steel
Manganese is a key component of steel. In fact, this chemical element is present in all commercially available steels and is responsible for the steel hardness and strength, but to less of an extent than carbon. The effect of manganese in improving the mechanical properties of steel depends on its carbon content. Manganese also reduces the critical cooling rate during hardening, meaning it increases the hardenability of steel. Its effect on hardenability is higher than other alloying elements.
Batteries
The most important non-metallurgical application of manganese is in batteries. Both disposable and rechargeable batteries use various forms and quantities of manganese in their construction.
This report elaborates on the market size, market characteristics, and market growth of the Manganese industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Manganese. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Manganese Market Report Include:
Market Size Estimates: Manganese market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Manganese market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Manganese market
Segment Market Analysis: Manganese market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Manganese market situations and prospects in major and top regions and countries
Manganese Market
Manganese Industry Chain: Manganese market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Manganese Industry News, Policies by regions
Manganese Industry Porters Five Forces Analysis
Key players in the global Manganese market are covered in Chapter 2:
Ningxia Tianyuan Manganese Industry Co., Ltd.
Anglo American plc
Nippon Denko Company Ltd.
Inner Mongolia Pu Yuan Iran Alloy Co.,Ltd
African Rainbow Minerals Limited
Manganese Metal Company (Pty) Ltd.
Eramet SA
Ferroglobe
South32 Limited
OM Holdings Limited
Compania Minera Autlan, S.A.B. De C.V.
Vale
MOIL Limited
Sheng Yan Group
Erdos Group
In Chapter 6 and Chapter 9, on the basis of types, the Manganese market from 2018 to 2028 is primarily split into:
Alloys (FeMn, SiMn, Refined FeMn, & Others)
Electrolytic Manganese
In Chapter 7 and Chapter 10, on the basis of applications, the Manganese market from 2018 to 2028 covers:
Steel
Batteries
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Manganese market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Manganese industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Manganese market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Manganese industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Manganese market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Manganese market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Manganese market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
2022
Manganese is essential to iron and steel production by virtue of its sulfur-fixing, deoxidizing, and alloying properties. Manganese is mined in South Africa, Australia, China, Brazil, Gabon, Ukraine, India and Ghana and Kazakhstan.
Downstream demand
Due to the global pandemic of COVID-19, in order to stop the spread of the epidemic, the governments of many countries have issued the "Stay at home" order. As a result, many companies and factories shut down. To a certain extent, the demand for manganese in these industries declined. However, as the epidemic was gradually brought under control and the factory resumed normal operations, the situation gradually improved.
Logistics
Due to the epidemic situation, many countries have imposed controls on domestic transportation and the movement of people, and imposed restrictions on imported goods. This has led to various levels of logistics disruption, cargo accumulation and transportation delays. At present, the logistics industry in various countries is gradually recovering operations according to different national policies. It is expected that after the epidemic is further controlled, it will basically return to normal.
SME
The epidemic will have an impact on the cash flow of small and medium-sized enterprises in the industry and thus affect the operating conditions. As a result, the share of small and medium-sized enterprises in the market will shrink and the share of head enterprises will increase.
Industrial automation will further develop
The epidemic will promote automated production in the industry, enabling manufacturers to hire more high-tech talents and multi-skilled compound workers, reduce dependence on labor, and better respond to labor fluctuations. At the same time, more and more attention will be paid to the standardization of components, the intelligentization of logistics and the enhancement of the anti-risk ability of the supply chain.
Emission of pollutants
The discharge of pollutants has a serious impact on the environment and water quality. As countries pay more and more attention to environmental issues, some small mines have been shut down due to environmental protection policies. In the long run, it is conducive to the sustainable development of the manganese industry, but in the short term, the increase in product raw material costs and the decline in output will inevitably have a certain negative impact on the development of the manganese industry. In addition, the rising cost of treating pollutants will also have an impact on the company's capital flow.
Rising downstream demand
Due to the increasing threat of air pollution and increasing global attention to environmental protection, electric vehicles are expected to become more prominent in the automobile production structure in the next few years. Electric cars will become cheaper, and as concerns such as "worries that electric cars run out of electricity too early" are resolved, consumers' willingness to use electric cars will increase.
Manganese can be used as a negative electrode material for lithium-ion batteries. With the continuous expansion of lithium-ion batteries in new energy vehicles and electronic products, the development of manganese industry also ushered in new opportunities.
Encouragement by the policy environment, the improvement of performance, and the improvement of customer affordability are all favorable factors, and the battery industry's demand for manganese continues to increase.
Region Overview:
China is projected to account for a considerable share of the Manganese market and is expected to become the largest region by 2027.
Company Overview:
Eramet SA is one of the major players operating in the Manganese market, holding a share of 3.28% in 2022.
Eramet SA
Eramet, a global mining and metallurgy group, is a key player in the extraction and recovery of metals (manganese, nickel, mineral sands) as well as the development and processing of high added-value alloys (high-speed steels, high-performance steels, superalloys, and aluminum and titanium alloys).
Sheng Yan Group
Ningxia Shengyan Industrial Group Co., Ltd., together with its subsidiaries, engages in mining, processing, and production of manganese ore and alloys. It produces silicomanganese, carbon ferromanganese, and manganese slag and iron.
Segmentation Overview:
As for product types, the Alloys (FeMn, SiMn, Refined FeMn, & Others) segment held the largest market share in 2021.
Alloys (FeMn, SiMn, Refined FeMn, & Others)
Ferromanganese is used as deoxidiser, desulphuriser and degasser of steel, to eliminate nitrogen and other hazardous elements that are found at the first melting of iron. Silicomanganese, which is obtained thorough manganese carbotermia and using quartzite as a source of silicon, is used as a steel deoxidiser.
Electrolytic Manganese
Mainly refers to Electrolytic Manganese Dioxide (EMD). Electrolytic manganese dioxide (EMD) is the critical component of the cathode material in modern alkaline, lithium, and sodium batteries including electrochemical capacitors and hydrogen production.
Application Overview:
By application, the Steel segment occupied the biggest share from 2017 to 2022.
Steel
Manganese is a key component of steel. In fact, this chemical element is present in all commercially available steels and is responsible for the steel hardness and strength, but to less of an extent than carbon. The effect of manganese in improving the mechanical properties of steel depends on its carbon content. Manganese also reduces the critical cooling rate during hardening, meaning it increases the hardenability of steel. Its effect on hardenability is higher than other alloying elements.
Batteries
The most important non-metallurgical application of manganese is in batteries. Both disposable and rechargeable batteries use various forms and quantities of manganese in their construction.
This report elaborates on the market size, market characteristics, and market growth of the Manganese industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Manganese. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Manganese Market Report Include:
Market Size Estimates: Manganese market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Manganese market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Manganese market
Segment Market Analysis: Manganese market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Manganese market situations and prospects in major and top regions and countries
Manganese Market
Competitive Landscape
and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product/service profile and recent development/updates, etc.Manganese Industry Chain: Manganese market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Manganese Industry News, Policies by regions
Manganese Industry Porters Five Forces Analysis
Key players in the global Manganese market are covered in Chapter 2:
Ningxia Tianyuan Manganese Industry Co., Ltd.
Anglo American plc
Nippon Denko Company Ltd.
Inner Mongolia Pu Yuan Iran Alloy Co.,Ltd
African Rainbow Minerals Limited
Manganese Metal Company (Pty) Ltd.
Eramet SA
Ferroglobe
South32 Limited
OM Holdings Limited
Compania Minera Autlan, S.A.B. De C.V.
Vale
MOIL Limited
Sheng Yan Group
Erdos Group
In Chapter 6 and Chapter 9, on the basis of types, the Manganese market from 2018 to 2028 is primarily split into:
Alloys (FeMn, SiMn, Refined FeMn, & Others)
Electrolytic Manganese
In Chapter 7 and Chapter 10, on the basis of applications, the Manganese market from 2018 to 2028 covers:
Steel
Batteries
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Manganese market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Manganese industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Manganese market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Manganese industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Manganese market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Manganese market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Manganese market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
Years considered for this report:
Historical Years:
2018-2022Base Year:
2022Estimated Year:
2023Forecast Period:
2023-2028Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
