PUBLISHER: QYResearch | PRODUCT CODE: 1231824
PUBLISHER: QYResearch | PRODUCT CODE: 1231824
The top players of Ultra-High Purity Manganese Sulphate are mainly located in China and Belgium, including Guizhou Dalong Huicheng New Material, ISKY Chemicals, Lantian Chemical, Guizhou Jinrui New Materials, Prince and Guizhou Manganese Mineral Group, etc. In 2022, the global top two players holds a share over 56 percent. China is the largest producer and dominating the global market, occupied for a share over 96.5%.
The global Ultra-High Purity Manganese Sulphate market is valued at USD 239.4 million in 2022 and is expected to reach USD 864.7 million by the end of 2029, growing at a CAGR of 18.18% between 2023 and 2029; while the global Ultra-High Purity Manganese Sulphate Production was 282,185 tons in 2022 and it will be 1.15 million tons in 2029.
Manganese resources are more widely distributed around the world than the other battery metals and remain available at relatively low cost. There is a general expectation that there will not be an ore shortage in the near term. The leading producers of manganese ore include South Africa, Australia, Gabon and China.
While manganese resources are widely distributed, production of high-purity manganese sulphate raises concerns around geographical concentration of supply. China currently accounts for around 90% of the global production capacity, raising the need for new, diversified manganese refining capacity. New manganese sulphate projects are starting to come online in Australia, Europe, Indonesia and United States. Currently, Manganese X Energy Corp., Euro Manganese Inc. (EMN), Keras Resources PLC and Element 25 Ltd, are entering into this market.
This report aims to provide a comprehensive presentation of the global market for Ultra-High Purity Manganese Sulphate, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Ultra-High Purity Manganese Sulphate.
The Ultra-High Purity Manganese Sulphate market size, estimations, and forecasts are provided in terms of output/shipments (Tons) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Ultra-High Purity Manganese Sulphate market comprehensively. Regional market sizes, concerning products by Process, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Ultra-High Purity Manganese Sulphate manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Process, by Application, and by regions.