Manganese Mining Market size was valued at US$ 28.83 Bn. in 2023. The Global Manganese Mining Market size is estimated to grow at a CAGR of 7.4 % over the forecast period.Manganese Mining Market Overview:
Manganese is an extremely hard, fragile, pinking dim metal. It is responsive in nature and turns out to be synthetically dynamic with air, water, and numerous acids. Manganese is utilized widely in the growth of steel for deoxidization and desulfuration. It works on the weldability, wear opposition, rigidity, and hardness of steel. Manganese is likewise utilized with copper, aluminum, and different components to make various sorts of composites. The Global Manganese Mining Market report gives a comprehensive assessment of the market for the forecast time period. The report involves different sections as well as an investigation of the patterns and factors that are assuming a significant part on the lookout. These elements; the market elements include the drivers, limitations, opportunities, and difficulties through which the effect of these variables in the market is illustrated. The drivers and restrictions are inborn variables though valuable opportunities and difficulties are inessential elements of the market. The Global Manganese Mining Market study gives a point of view toward the advancement of the market regarding income all through the forecast period.To know about the Research Methodology:-Request Free Sample Report
Manganese Mining Market Dynamics:
Growth of Steel Industry Expected to Be a Key Driver for Growth Manganese alloy is primarily used in the production of alloy steels. The interest for steel items has filled significantly in the beyond couple of years attributable to the rising focal point of states of China, India, Brazil, and South Africa to fabricate a powerful foundation and homes for the developing populace in these nations. As per the World Steel Association, the growth of steel has extended from 1,606.3 million metric tons in 2016 to 1,869.9 million metric tons in 2019, developing at a CAGR of 5.2% somewhere in the range of 2016 and 2019. Such growth in steel creation is supposed to be the critical driving element for the Mn compounds market growth. Rising Demand for Manganese Steel from Automotive Industry to Create Growth Opportunities The vehicle business has consistently looked for materials that can give upgraded solidarity to the body construction of the auto. Steel has been the material of decision for vehicles and business vehicles makers for the growth of vehicle bodies attributable to its high-solidarity to-weight proportion and superb effect obstruction. As the auto business is supposed to revive present COVID-19 owing on the developing spending limit of individuals, particularly in the Asian and Latin American nations, the interest for steel is supposed to build up momentum during the gauge time frame. Plus, the interest for business vehicles for coordinated operations and weighty works is likewise acquiring catalyst in the worldwide market, which will be a fundamental purpose for the worthwhile growth in the interest for composite prepares and, thus, will fuel the growth of the general market during the gauge time frame. Guidelines Pertaining to Manganese Exposure May Hinder Demand Despite the fact that manganese amalgams are used in colossal amounts in the assembling of steel compounds, openness to residue and exhaust of manganese has been connected to harming which can cause weakness of coordinated movements and mental problems in people. In this manner, to protect human wellbeing, associations like the Occupational Safety and Health Administration (OSHA) and the National Institute for Occupational Safety and Health (NIOSH) have set reasonable and suggested openness limit for manganese at 5 mg/m3 and 1 mg/m3 more than a 8-hour business day, separately. Aside from that, they have additionally settled that openness to manganese for more than 500 mg/m3 is hazardous to the existence of people. Thus, such regulations are expected to create a hindrance to the adoption of manganese and its alloys in various end-use industries where direct exposure is possibleManganese Mining Market Segment Analysis:
Based on manganese ore type, pyrolusite held largest segment in 2023. As this manganese ore used in batteries and other electrochemical applications. Pyrolusite is a black or dark grey mineral with a high manganese dioxide (MnO2) content. It is also used in the manufacture of steel and manganese bronze in dry cells and as a decolorizing agent in glass. It is used in calico printing and dyeing, and to give glass, pottery, and bricks violet, amber, and black colors. Psilomelane segment held significant share in 2023. It is a black or dark brown mineral that contains hydrous manganese oxide minerals. It's used in the production of glass, ceramics, and fertilizers.Based on end use, steel production segment held largest market share in the market in 2023. The manganese is a key component in steel alloys, used to strengthen and deoxidize them. It improves the steel's strength, hardness, and durability. It's used in many types of steel, including carbon, tool, stainless, and high temperature steel. Manganese decreases the brittleness and increases the hardenability of steel by reducing the critical cooling rate during hardening. Further battery manufacturing is significant shareholding segment in the market due to the increasing demand for electric vehicles and energy storage systems. Manganese is used in cathode materials for lithium-ion batteries, which are used in electric and hybrid vehicles.
Manganese Mining Market Regional Insights:
The APAC region held the largest market share accounting for 62% in 2023 The growth is attributed to the rising adoption of high-carbon ferromanganese in the steel industry. In addition to this, the increasing production activity of steel in China will also fuel the demand in this region. The fast growth in the vehicle business has flooded the interest for steel in Europe. This growth is owing to the rising progressions in vehicles and trucks to make them lightweight. North America is expected to show huge growth, attributable to the reception of silicomanganese in welding frill. Additionally, fast growth in the growth business because of the rising interest for private structures will raise the requirement for steel. Further, the rising usage of steel for setting up petrochemical plants will support item utilization in Latin America. The growth in this area is additionally ascribed to the rising utilization of high and low carbon ferromanganese in the assembling of foundries. Likewise, the flooding interest for steel for foundation improvement in Brazil is expected to show a positive effect available during the impending years. The Middle East and Africa is supposed to enlist moderate growth. The objective of the report is to present a comprehensive analysis of the global Manganese Mining Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also help in understanding the Manganese Mining Market dynamic, and structure by analyzing the market segments and projecting the Manganese Mining Market size. Clear representation of competitive analysis of key players by Design, price, financial position, product portfolio, growth strategies, and regional presence in the Manganese Mining Market make the report investor’s guide.Manganese Mining Market Scope: Inquire before buying
Global Manganese Mining Market Report Coverage Details Base Year: 2023 Forecast Period: 2024-2030 Historical Data: 2018 to 2023 Market Size in 2023: USD 28.83 Billion Forecast Period 2024 to 2030 CAGR: 7.4% Market Size in 2030: USD 47.53 Billion Segments Covered: by Grade Low Grade Medium Grade High Grade by Manganese Ore Type Pyrolusite Psilomelane Rhodochrosite Others by End Use Steel Production Battery Manufacturing Chemical Manufacturing Other Industries Manganese Mining Market by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Manganese Mining Market Key Players:
1. ERAMET 2. Vale S.A. 3. South32 Limited 4. Assmang 5. MOIL (Manganese Ore India Limited) 6. Ningxia Tianyuan Manganese Industry Group Co., Ltd. 7. Kalagadi Manganese 8. African Rainbow Minerals 9. Glencore plc 10. Consolidated Minerals 11. Autlán 12. Buritirama Mining 13. Manganese X Energy 14. OM Holdings Ltd. 15. Jupiter Mines Limited 16. Tata Steel 17. South Manganese Investment Limited 18. Grupo MéxicoFrequently Asked Questions about Manganese Mining Market
1] What segments are covered in the Manganese Mining Market report? Ans. The segments covered in the Manganese Mining Market report are based on Type, Application and End-Use. 2] Which region is expected to hold the highest share in the Manganese Mining Market? Ans. The APAC region is expected to hold the highest share in the Manganese Mining Market 3] What is the market size of the Manganese Mining Market by 2030? Ans. The market size of the Manganese Mining Market by 2030 is expected to reach US$ 47.53 Bn. 4] What is the forecast period for the Manganese Mining Market? Ans. The forecast period for the Manganese Mining Market is 2024-2030 5] What was the Manganese Mining Market size in 2023? Ans. The market size of the Manganese Mining Market size was valued at US$ 28.83 Bn in 2023.
1. Manganese Mining Market: Market Introduction 1.1. Executive Summary 1.2. Market Size (2023) & Forecast (2024-2030) 1.3. Market Size (USD) and Market Share (%) - By Segments, Regions and Country 2. Competitive Landscape 2.1. MMR Competition Matrix 2.2. Key Players Benchmarking 2.2.1. Company Name 2.2.2. Headquarter 2.2.3. Product Portfolio 2.2.4. Production Capacity 2.2.5. End-User Segment 2.2.6. Revenue (2023) 2.2.7. Market Share (%) 2.3. Market Structure 2.3.1. Market Leaders 2.3.2. Market Followers 2.3.3. Emerging Players 2.4. Mergers and Acquisitions Details 3. Market Dynamics 3.1. Manganese Mining Market Trends 3.2. Manganese Mining Market Dynamics 3.2.1. Drivers 3.2.2. Restraints 3.2.3. Opportunities 3.2.4. Challenges 3.3. PORTER’s Five Forces Analysis 3.4. PESTLE Analysis 3.5. Key Opinion Leader Analysis for the Global Industry 3.6. Analysis of Government Schemes and Initiatives for the Industry 4. Global Supply and Demand Analysis (2023) 4.1. Demand Analysis by Industry, by Region 4.2. Grade-wise Production of Manganese by Region 4.3. Factors Driving Supply and Demand Growth 5. Manganese Mining Techniques and Methods 5.1. Open-Pit Mining: Techniques, Costs, and Regional Adoption 5.2. Underground Mining: Methods, Challenges, and Efficiency Improvements 5.3. Surface Mining for Near-Surface Manganese Deposits 5.4. Advanced Mining Technologies and Their Impact on Production Efficiency 6. Supply Chain Analysis: From Mining to End-User Industries 6.1. Raw Material Sourcing 6.2. Key Manganese Ore Suppliers 6.3. Mining & Extraction 6.4. Transportation & Logistics 6.5. Upstream and Downstream Integration in Manganese Production 6.6. Key Suppliers and Distributors of Manganese Ores 7. Pricing Analysis 7.1. Historical Price Trends of Manganese Ore and Products 7.2. Key Factors Influencing Manganese Pricing (Supply Constraints, Production Costs, Demand) 7.3. Regional Price Discrepancies and Their Causes 8. Trade Analysis 8.1. Global Manganese Exports by Region and Country 8.2. Leading Exporters and Importers of Manganese 8.3. Trade Agreements and Impact on Manganese Trade 8.4. Export-Import Regulations and Tariff Structures 9. Regulatory Landscape and Environmental Impact 9.1. Global and Regional Mining Regulations 9.2. Environmental Sustainability and Manganese Mining 9.3. Impact of Mining Regulations on Production Costs and Trade 9.4. Key Certifications and Standards (ISO, Environmental Certifications) 9.5. Health and Safety Regulations in Manganese Mining 10. Manganese Mining Market: Global Market Size and Forecast by Segmentation (by Value in USD and Volume in Metric Tonnes) (2023-2030) 10.1. Global Manganese Mining Market Size and Forecast, by Grade 10.1.1. Low Grade 10.1.2. Medium Grade 10.1.3. High Grade 10.2. Global Manganese Mining Market Size and Forecast, by Manganese Ore Type 10.2.1. Pyrolusite 10.2.2. Psilomelane 10.2.3. Rhodochrosite 10.2.4. Others 10.3. Global Manganese Mining Market Size and Forecast, by End Use 10.3.1. Steel Production 10.3.2. Battery Manufacturing 10.3.3. Chemical Manufacturing 10.3.4. Other Industries 10.4. Global Manganese Mining Market Size and Forecast, by Region 10.4.1. North America 10.4.2. Europe 10.4.3. Asia Pacific 10.4.4. Middle East and Africa 10.4.5. South America 11. North America Market Size and Forecast by Segmentation (by Value in USD and Volume in Metric Tonnes) (2023-2030) 11.1. North America Market Size and Forecast, by Grade 11.2. North America Market Size and Forecast, by Manganese Ore Type 11.3. North America Market Size and Forecast, by End Use 11.4. North America Market Size and Forecast, by Country 11.4.1. United States 11.4.1.1. United States Market Size and Forecast, by Grade 11.4.1.2. United States Market Size and Forecast, by Manganese Ore Type 11.4.1.3. United States Market Size and Forecast, by End Use 11.4.2. Canada 11.4.3. Mexico 12. Europe Market Size and Forecast by Segmentation (by Value in USD and Volume in Metric Tonnes) (2023-2030) 12.1. Europe Market Size and Forecast, by Grade 12.2. Europe Market Size and Forecast, by Manganese Ore Type 12.3. Europe Market Size and Forecast, by End Use 12.4. Europe Market Size and Forecast, by Country 12.4.1. United Kingdom Market Size and Forecast, by Grade 12.4.2. United Kingdom Market Size and Forecast, by Manganese Ore Type 12.4.3. United Kingdom Market Size and Forecast, by End Use 12.4.4. France 12.4.5. Germany 12.4.6. Italy 12.4.7. Spain 12.4.8. Sweden 12.4.9. Russia 12.4.10. Rest of Europe 13. Asia Pacific Market Size and Forecast by Segmentation (by Value in USD and Volume in Metric Tonnes) (2023-2030) 13.1. Asia Pacific Market Size and Forecast, by Grade 13.2. Asia Pacific Market Size and Forecast, by Manganese Ore Type 13.3. Asia Pacific Market Size and Forecast, by End Use 13.4. Asia Pacific Market Size and Forecast, by Country 13.4.1. China 13.4.1.1. China Market Size and Forecast, by Grade 13.4.1.2. China Market Size and Forecast, by Manganese Ore Type 13.4.1.3. China Market Size and Forecast, by End Use 13.4.2. South Korea 13.4.3. Japan 13.4.4. India 13.4.5. Australia 13.4.6. Indonesia 13.4.7. Philippines 13.4.8. Malaysia 13.4.9. Vietnam 13.4.10. Thailand 13.4.11. Rest of Asia Pacific 14. Middle East and Africa Market Size and Forecast by Segmentation (by Value in USD and Volume in Metric Tonnes) (2023-2030) 14.1. Middle East and Africa Market Size and Forecast, by Grade 14.2. Middle East and Africa Market Size and Forecast, by Manganese Ore Type 14.3. Middle East and Africa Market Size and Forecast, by End Use 14.4. Middle East and Africa Market Size and Forecast, by Country 14.4.1. South Africa 14.4.1.1. South Africa Market Size and Forecast, by Grade 14.4.1.2. South Africa Market Size and Forecast, by Manganese Ore Type 14.4.1.3. South Africa Market Size and Forecast, by End Use 14.4.2. GCC 14.4.3. Egypt 14.4.4. Nigeria 14.4.5. Rest of ME&A 15. South America Market Size and Forecast by Segmentation (by Value in USD and Volume in Metric Tonnes) (2023-2030) 15.1. South America Market Size and Forecast, by Grade 15.2. South America Market Size and Forecast, by Manganese Ore Type 15.3. South America Market Size and Forecast, by End Use 15.4. South America Market Size and Forecast, by Country 15.4.1. Brazil 15.4.1.1. Brazil Market Size and Forecast, by Grade 15.4.1.2. Brazil Market Size and Forecast, by Manganese Ore Type 15.4.1.3. Brazil Market Size and Forecast, by End Use 15.4.2. Argentina 15.4.3. Chile 15.4.4. Colombia 15.4.5. Rest of South America 16. Company Profile: Key Players 16.1. ERAMET 16.1.1. Company Overview 16.1.2. Business Portfolio 16.1.3. Financial Overview 16.1.4. SWOT Analysis 16.1.5. Strategic Analysis 16.1.6. Recent Developments 16.2. Vale S.A. 16.3. South32 Limited 16.4. Assmang 16.5. MOIL (Manganese Ore India Limited) 16.6. Ningxia Tianyuan Manganese Industry Group Co., Ltd. 16.7. Kalagadi Manganese 16.8. African Rainbow Minerals 16.9. Glencore plc 16.10. Consolidated Minerals 16.11. Autlán 16.12. Buritirama Mining 16.13. Manganese X Energy 16.14. OM Holdings Ltd. 16.15. Jupiter Mines Limited 16.16. Tata Steel 16.17. South Manganese Investment Limited 16.18. Grupo México 17. Key Findings 18. Analyst Recommendations 19. Manganese Mining Market: Research Methodology