Electrolytic Manganese Dioxide Market Size Worth $2.79 Billion By 2032 | CAGR: 6.9%

Electrolytic Manganese Dioxide Market Size Worth $2.79 Billion By 2032 | CAGR: 6.9%


The global electrolytic manganese dioxide market size is expected to reach USD 2.79 billion by 2032, according to a new study by Polaris Market Research. The report “Electrolytic Manganese Dioxide Market Share, Size, Trends, Industry Analysis Report, By Application (Batteries, Water Treatment, Others); By Region; And Segment Forecasts, 2023 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Technological breakthroughs in the industry, such as the development of more efficient and high-performance batteries, are expected to play a crucial role in driving the growth of the EMD market. As the demand for more advanced batteries with longer lifespans and higher energy levels increases, the demand for high-quality EMD is also expected to rise. Furthermore, advancements in EMD production technology, such as the development of more efficient and eco-friendly manufacturing processes, are also expected to boost the growth of the market.

These technological breakthroughs can improve the production capacity of EMD and reduce the costs associated with its production, making it more affordable and accessible to a wider range of industries and applications. In addition, the growing focus on sustainable energy sources and the need to reduce carbon emissions are driving the adoption of electric vehicles and renewable energy systems, which require high-performance batteries. This, in turn, is expected to increase the demand for EMD in the coming years.

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Hydro-metallurgic Process is an alternative route to extract manganese from low-grade manganese oxide ores. This process can convert manganese oxides into pure and high-quality EMD, which is used in the production of lithium-ion and alkaline batteries. This development is anticipated to surge the acceptance and demand for EMD in the forthcoming years. With the growing demand for high-performance batteries, the need for high-quality EMD is also increasing. It is an eco-friendly and cost-effective method to extract manganese from low-grade ores, making it an attractive option to produce EMD.

The relative cost of various EMD grades used for electrochemical batteries is an important factor for the development of alkaline-based MnO2 production plants. The cost of EMD production varies based on the purity of the product and the production process used. EMD with higher purity levels is generally more expensive than lower purity grades. In addition, the production process also plays a crucial role in determining the cost of EMD. Traditional production processes for EMD involve high energy consumption and are associated with high production costs.

Electrolytic Manganese Dioxide Market Report Highlights

  • Water treatment segment is expected to grow at fastest CAGR during the assessment time, owing to strong demand from emerging nations and increasing need for clean drinking water in sub-urban areas
  • Batteries segment is dominating the global market in fiscal year in 2022. Rapid adoption of EVs in developed nations, and strong low-cost batteries in daily use consumer electronics products
  • North America held the largest share of the global market. Region’s growth is primarily due to rise in battery operated consumer electronics products, its high efficiency and better shelf life
  • The global players include Tosoh Corp., Mesa Minerals (Mesa), Tronox Ltd., Prince International Corp., and American Manganese Inc

Polaris Market Research has segmented the electrolytic manganese dioxide market report based on application, and region:

Electrolytic Manganese Dioxide, Application Outlook (Revenue - USD Billion, 2019-2032)

  • Batteries
  • Alkaline Batteries
  • Zinc-Carbon Batteries
  • Li-Ion Batteries
  • Water Treatment
  • Others

Electrolytic Manganese Dioxide, Regional Outlook (Revenue - USD Billion, 2019-2032)

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa

Electrolytic Manganese Dioxide Market Report Scope

Report Attributes

Details

Market size value in 2023

USD 1.53 billion

Revenue forecast in 2032

USD 2.79 billion

CAGR

6.9% from 2023 – 2032

Base year

2022

Historical data

2019– 2021

Forecast period

2023– 2032

Quantitative units

Revenue in USD billion and CAGR from 2023 to 2032

Segments covered

By Application, By Region

Regional scope

North America, Europe, Asia Pacific, Latin America; Middle East & Africa

Key companies

Tosoh Corp., Mesa Minerals (Mesa), Tronox Ltd., Prince International Corp., and American Manganese Inc

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  • Regional analysis
  • Segmentation analysis
  • Industry outlook
  • Competitive landscape
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