Global Manganese Sulphate market is expected to reach 435 million USD by the end of 2025
The global Manganese Sulphate market is valued at 248 million USD in 2017 and is expected to reach 435 million USD by the end of 2025, growing at a CAGR of 6.7
The global Manganese Sulphate market is valued at 248 million USD in 2017 and is expected to reach 435 million USD by the end of 2025, growing at a CAGR of 6.7
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<strong>Global</strong> <strong>Manganese</strong> <strong>Sulphate</strong> <strong>market</strong><br />
<strong>is</strong> <strong>expected</strong> <strong>to</strong> <strong>reach</strong> <strong>435</strong> <strong>million</strong><br />
<strong>USD</strong> <strong>by</strong> <strong>the</strong> <strong>end</strong> <strong>of</strong> <strong>2025</strong><br />
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• The global <strong>Manganese</strong> <strong>Sulphate</strong> developed maturely and now <strong>the</strong> <strong>market</strong><br />
concentration <strong>is</strong> relatively low and intensely competitive.<br />
• The <strong>to</strong>p players are mainly located in US, Mexico, China, India and<br />
South America, like Prince (acquired ERACHEM Comilog), CITIC<br />
Dameng Mining Industries, Lantian Chemical, Qingyunshang Mn Industry,<br />
Guizhou Dalong Huicheng New Material, Guangxi Yuanchen <strong>Manganese</strong><br />
Industry, Rech Chemical, Haolin Chemical, Guangxi Detian Chemical<br />
Cycle, Guizhou Redstar Developing and Fujian Liancheng <strong>Manganese</strong>.<br />
China <strong>is</strong> <strong>the</strong> largest producer and dominating <strong>the</strong> global <strong>Manganese</strong><br />
<strong>Sulphate</strong> due <strong>to</strong> <strong>the</strong> widespread d<strong>is</strong>tribution <strong>of</strong> manganese ore.<br />
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The global <strong>Manganese</strong> <strong>Sulphate</strong> <strong>market</strong> <strong>is</strong> valued at 248 <strong>million</strong> <strong>USD</strong> in 2017<br />
and <strong>is</strong> <strong>expected</strong> <strong>to</strong> <strong>reach</strong> <strong>435</strong> <strong>million</strong> <strong>USD</strong> <strong>by</strong> <strong>the</strong> <strong>end</strong> <strong>of</strong> <strong>2025</strong>, growing at a<br />
CAGR <strong>of</strong> 6.7% between 2018 and <strong>2025</strong>; while <strong>the</strong> global <strong>Manganese</strong> <strong>Sulphate</strong><br />
Production was 511,000 <strong>to</strong>ns in 2017 and it will be 828,000 <strong>to</strong>ns in <strong>2025</strong>.<br />
Currently <strong>the</strong> <strong>Manganese</strong> <strong>Sulphate</strong> <strong>is</strong> mainly used in agricultural fields<br />
especially in feed and fertilizer fields. The battery grade <strong>Manganese</strong><br />
<strong>Sulphate</strong> <strong>is</strong> used in cathode materials <strong>of</strong> lithium batteries, driven <strong>by</strong> <strong>the</strong><br />
fast-growing electric vehicle in <strong>the</strong> world, especially in China and Europe.<br />
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In 2018, some players have planned <strong>to</strong> expand <strong>the</strong> capacity <strong>of</strong> <strong>Manganese</strong><br />
<strong>Sulphate</strong> in next few years, like Guizhou Redstar Developing and CITIC Dameng<br />
Mining Industries. And some potential competi<strong>to</strong>rs are also planning <strong>to</strong> enter <strong>the</strong><br />
<strong>Manganese</strong> <strong>Sulphate</strong> <strong>market</strong>, like Xiangtan Electrochemical Scientific (a leading<br />
producer <strong>of</strong> electrolytic manganese dioxide), Guangxi Jingxi County Yizhou<br />
<strong>Manganese</strong> Industry and Ningxia Tianyuan <strong>Manganese</strong> Industry etc.<br />
In future, <strong>the</strong> <strong>Manganese</strong> <strong>Sulphate</strong> <strong>market</strong> will be more competitive, especially in<br />
<strong>the</strong> battery grade <strong>Manganese</strong> <strong>Sulphate</strong> <strong>market</strong>.<br />
Click <strong>to</strong> view <strong>the</strong> full report:<br />
https://www.qyresearch.com/index/detail/408896/globalmanganese-sulphate-<strong>market</strong><br />
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