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Manganese Oxide Market was estimated to be US$ 802.65 Mn in 2019 and is expected to reach US$ 1205.09 Mn by 2028 growing at a CAGR of 6.1% over the Forecast Period, Owing to Increasing Demand for Market Offerings across Energy Storage Sector, says Absolute Markets Insights

Published On 18 Dec 2020 10:49 AM


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There is an increase in the prevalence of manganese oxide in dry batteries, such as alkaline batteries and zinc-carbon batteries. There is an increase in use of manganese oxide due to diversified demand from end-use industries, due to this the demand for manganese oxide is increasing in many regions. Although the vast majority of manganese oxide is used in the manufacture of steel and batteries, a range of other functions have also made use of the metal prevalent in many applications. In water treatment processes, fertilizer micronutrients and the formation of various colour pigments, manganese can be found. Manganese oxide has low cost and is available in abundance also this element has interesting electrochemical efficiency in various applications which makes it more promising in various end use industries.

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Manganese (Mn) has become the world's fourth most traded metal, primarily because it is crucial in the manufacture of steel and other important alloys. In addition to the role of this element in integrating with alloy metals, researchers and manufacturers have discovered that manganese is a reliable resource for the production of stronger and longer-lasting lithium-ion batteries. With the growing demand for energy and the degradation of the environment caused by the use of conventional fossil fuels, the production of clean and renewable energy for a sustainable supply of energy is the latest trend thus adoption of manganese oxide as a renewable source of energy has increased.

Manganese oxide nanomaterials are being increasingly adopted as anode materials in lithium ion batteries. These nanoparticles have high theoretical power, special properties and low cost thus adoption of these nanoparticles has increased. The application of manganese oxide is still in its infancy in the field of electrochemistry. Manganese oxide has many applications in water treatment, also these are also used in battery production, soda containers, agricultural pesticides and fungicides, and electronic circuitry. One of the most widely used and least known applications for iron, manganese, hydrogen sulphide, arsenic and radium removal is the manganese dioxide technology.

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One of the most important advances in the electrolytic manganese dioxide (EMD) is the Lithium Manganese Dioxide (LMD) battery. It offers many advantages such as high-power performance, thermal stability, and enhanced protection, thus increasing the Manganese Oxide Market for electric vehicle manufacturers. The growth of the electrolytic manganese dioxide is expected to be positively influenced by the increase in demand for portable devices. Batteries maintain the ability to withstand damage and fluctuations and provide electrical and electronic devices with a steady power supply. Manganese Oxide Market participants are focusing on providing high quality manganese oxide for the production of batteries which in turn can be deployed across various applications throughout numerous industry verticals.

The detailed research study provides qualitative and quantitative analysis of manganese oxide market. The market has been analyzed from demand as well as supply side. The demand side analysis covers market revenue across regions and further across all the major countries. The supply side analysis covers the major market players and their regional and global presence and strategies. The geographical analysis done emphasizes on each of the major countries across North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

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Key Findings of the Report:

  • In the perspective of applications, battery manufacturing is observed to be the creator of the highest demand for Manganese Oxide Market offerings. The adoption of manganese oxide in the production of traditional batteries has been growing across the world owing to the increasing demand for electric power storage throughout a wide range of applications. In addition to this, the utilization of manganese oxide for the development of supercapacitors is expected to grow in the near future. The potential for adoption of supercapacitors in large scale energy storage is improving with growing research initiatives and design efforts undertaken by research institutes and numerous companies. These factors are expected to aid the growth of applications for manganese oxide in the energy storage sector.
  • In terms of adoption of market offerings, large enterprises are observed to be the major revenue contributors to the global manganese oxide market. The ability of production of various products and solutions using market offerings along with the investments towards the integration of market offerings in future products has been instrumental in the growing demand for market offerings over the years. Companies of smaller size are observed to be utilizing products in the market for developmental and small batch manufacturing usage. This trend is expected to shift towards large scale production utilization and improve the demand for manganese oxide among these organizations. These factors are expected to be beneficial for the growth of the market.
  • As far as geography is concerned, North America accounted for the maximum share in the global manganese oxide market for the recent year. The trend is observed to be prevalent owing to growing concentration of end user organizations in the region. The region of Asia Pacific is expected to portray the fastest growth in terms of revenue contribution on the global scale over the forecast period. Increasing demand across applications for market offerings including energy storage, agriculture, and water treatment, among others.
  • Some of the players operating in the manganese oxide market are American Elements, Autlán, Citic dameng, Euro Manganese Inc., Fisher Scientific Company L.L.C., GOLDEN MILE GmbH, Merck KGaA, Mesa Minerals Limited, Nanoshel LLC, Reade International Corp., Sibelco, Tosoh Corporation, and TROPAG OSCAR H. RITTER NACHF. GMBH, amongst others.

Manganese Oxide Market:

  • By Form
    • Pellets & Pieces
    • Tablets
    • Solid
    • Liquid
    • Powder
    • Others
  • By Type
    • Spray dry
    • Non-Spray Dry
  • By Production Methods
    • Thermal and Electron Beam (E-Beam) Evaporation
    • Low Temperature Organic Evaporation
    • Atomic Layer Deposition (ALD)
    • Metallic-Organic 
    • Chemical Vapor Deposition (MOCVD)
    • Others
  • By Application
    • Pigment in glass and ceramic applications
      • Pigment in the ceramic brick
      • Paver and roof tile industry
      • Others
    • Oil well drilling muds
    • Manufacture of batteries
    • Water Treatment
    • Fuel cell and solar applications
    • Painting compound for cave paintings and body paint
    • Precursor for other manganese compounds 
    • Reagent for organic synthesis
    • Welding Rods
    • Animal Feed
    • Others
  • By Organization Size
    • Small and Medium Sized Enterprises
    • Large Enterprises
  • By Distribution Channel
    • Online
    • Offline
  • By Geography
  • North America
    • U.S.
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Nordic Countries
      • Denmark
      • Finland
      • Iceland
      • Sweden
      • Norway
    • Benelux Union
      • Belgium
      • The Netherlands
      • Luxembourg
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • New Zealand
    • Australia
    • South Korea
    • Southeast Asia
      • Indonesia
      • Thailand
      • Malaysia
      • Singapore
      • Rest of Southeast Asia
    • Rest of Asia Pacific
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • Kuwait
    • South Africa
    • Rest of Middle East & Africa
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America

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Press Release Provided By: Absolute Markets Insights