Global Electrolytic Manganese Metal (Emm) Market Size By Type (Flake Form, Powder Form), By Application (Aluminum Alloy Industry, Magnetic Material Industry), By Geographic Scope And Forecast

Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format

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Global Electrolytic Manganese Metal (Emm) Market Size By Type (Flake Form, Powder Form), By Application (Aluminum Alloy Industry, Magnetic Material Industry), By Geographic Scope And Forecast

Electrolytic Manganese Metal (Emm) Market Size And Forecast

Electrolytic Manganese Metal (Emm) Market size was valued at USD 2.2 Billion in 2024 and is projected to reach USD 3.2 Billion by 2031, growing at a CAGR of 4.8% from 2024 to 2031.

The market for manganese is expanding significantly as battery storage becomes a crucial component of the world’s energy source. The Global Electrolytic Manganese Metal (Emm) Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Electrolytic Manganese Metal (Emm) Market Definition

Leaching, purification, and electrowinning were used to create high-purity manganese, commonly referred to as electrolytic manganese metal, from manganese carbonate precipitate. The majority of manganese is still extracted from pyrolusite and is often burned in a furnace made of crushed stainless steel or subjected to sulfuric acid treatment to create manganese sulfate, which is then electrolyzed. Manganese flakes are primarily used in steel alloying and as an additive to alloys that call for manganese.

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Global Electrolytic Manganese Metal (Emm) Market Overview

Both non-rechargeable alkaline cells and lithium-ion rechargeable batteries frequently use high-quality manganese materials, such as electrolytic manganese metal. The market for manganese is expanding significantly as battery storage becomes a crucial component of the world’s energy source. Few businesses, nonetheless, do not provide the highest grade, which is ideal for battery components. It is anticipated that this will reduce market demand as it is now. Thus, high demand for non-manganese batteries restrains the expansion of the market.

Global Electrolytic Manganese Metal (Emm) Market Segmentation Analysis

The Global Electrolytic Manganese Metal (Emm) Market is Segmented on the basis of Type, Application, And Geography.

Electrolytic Manganese Metal (Emm) Market, By Type

  • Flake Form
  • Powder Form

Based on Type, Type, the market is bifurcated into Flake Form, Powder Form, and Others.

Electrolytic Manganese Metal (Emm) Market, By Application

  • Aluminum Alloy Industry
  • Magnetic Material Industry
  • Chemical Industry
  • Steel Industry
  • Others

Based on Type, Type, the market is bifurcated into Aluminum Alloy Industry, Magnetic Material Industry, Chemical Industry, Steel Industry, and Others.

Electrolytic Manganese Metal (Emm) Market, By Geography

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Rest of the world

Okay, so when we look at the Global Electrolytic Manganese Metal (Emm) Market, we can break it down by locationNorth America, Europe, Asia Pacific, Latin America, and then the Middle East & Africa. Now, Asia-Pacific really stands out. They're the big players in the EMM game, both in making it and using it. Turns out, they've got tons of manganese carbonate ores down in southern China. And get this – they can make EMM by dissolving the ore in sulfuric acid directly. They don't have to roast it first like they do with manganese oxide ores. Because manganese electrolytic product comes from these carbonate ores, it's a pretty sweet deal for them!

The market share held by North America is sizable. North American industry is characterized by deep market expertise, technologically sophisticated manufacturing bases, and—most importantly—a sizable end-user market. The market is being targeted for expansion through increasing investments and activities in battery-grade production as well as increased product adoption by leading battery manufacturers. Due to expanding government programs and restrictions, Latin America may experience growth. The Middle East and Africa exhibit slow growth as a result of replacements.

Key Players

The “Global Electrolytic Manganese Metal (Emm) Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are MESA Minerals, Umicore, JH Silicon MMC (Manganese Metal Co), Euro Manganese Inc, Fengda Alloy, Tianyuan Manganese Industry Group, CITC, Damen Mining, Hongxin Jituan, Nippon Denko Co, Guangxi Dameng Manganese Industry Group and others.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide insight to the financial statements of all the major players, along with product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Key Developments

  • In a PRE-PLANNED supply agreement, Umicore and LG Chem Ltd. agreed to provide 125,000 metric tonnes of manganese, nickel, and cobalt cathode components for lithium-ion batteries to LG Chem Ltd. As part of this agreement, Umicore is also supposed to recycle leftover cathode material from LG Chem Ltd. The agreement aims to provide Umicore a stronger global competitive edge in the battery recycling business.

Ace Matrix Analysis

The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.

Market Attractiveness

The image of market attractiveness provided would further help to get information about the region that is majorly leading in the Global Electrolytic Manganese Metal (Emm) Market. We cover the major impacting factors that are responsible for driving the industry growth in the given region.

Porter’s Five Forces

The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. The porter’s five forces model can be used to assess the competitive landscape in Global Electrolytic Manganese Metal (Emm) Market, gauge the attractiveness of a certain sector, and assess investment possibilities.

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2021-2031

BASE YEAR

2024

FORECAST PERIOD

2024-2031

HISTORICAL PERIOD

2021-2023

UNIT

Value (USD Billion)

KEY COMPANIES PROFILED

MESA Minerals, Umicore, JH Silicon MMC (Manganese Metal Co), Euro Manganese Inc, Fengda Alloy, Tianyuan Manganese Industry Group, CITC, Damen Mining, Hongxin Jituan, Nippon Denko Co, Guangxi Dameng Manganese Industry Group and others.

SEGMENTS COVERED
  • By Type
  • By Application
  • By Geography
CUSTOMIZATION SCOPE

Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope

Research Methodology of Market Research

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Reasons to Purchase this Report

We dig into the market using both number-crunching (quantitative) and insightful (qualitative) methods, diving deep with segmentation that looks at everything from money matters to other influential things. You'll get market value data in USD Billion for every segment and sub-segment. We'll point out which regions and segments are likely to grow the quickest and become the biggest. Plus, we'll break down each region geographically, showing where the product/service is being used and what's influencing the market there. We'll also give you a competitive landscape view, including market rankings of the top players, new service/product launches, partnerships, expansions, and acquisitions from the last five years. Expect detailed company profiles too, with overviews, insights, product benchmarking, and SWOT analysis for all the major players. Finally, we'll share our take on both the current and future outlook of the industry regarding .

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