USD 1.50 billion
Electrolytic Manganese Dioxide Market Size, Share, Growth Analysis, By Application(Batteries (Alkaline Batteries, Zinc-Carbon Batteries, Li-Ion Batteries), Water Treatment), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG15J2063 |
Region:
Global |
Published Date: March, 2024
Pages:
184
|Tables:
38
|Figures:
64
Electrolytic Manganese Dioxide Market Insights
Global Electrolytic Manganese Dioxide Market size was valued at USD 1.50 billion in 2022 and is poised to grow from USD 1.61 billion in 2023 to USD 2.78 billion by 2031, growing at a CAGR of 7.1% in the forecast period (2024-2031).
The market's growth is anticipated to be propelled by substantial demand for batteries across various sectors, including electrical and automotive, such as zinc-carbon, alkaline, and lithium-ion batteries. A noteworthy advancement in the Electrolytic Manganese Dioxide (EMD) market is the Lithiated Manganese Dioxide (LMD) battery. Comprising 61% manganese, 4% lithium, and 35% oxygen by weight, it offers benefits like high-power output, thermal stability, and improved safety, making it sought-after among electric vehicle (EV) manufacturers. The U.S., housing a significant number of EVs, particularly benefits from EMD utilization in EV battery cathodes.
Stricter water treatment regulations are projected to bolster the demand for water treatment systems, consequently driving the electrolytic manganese dioxide market. Moreover, alkaline batteries are poised for growth in developed economies due to their extensive capacity range and prolonged shelf life. The U.S. remains a major market for water treatment systems, poised for further expansion.
The upsurge in portable device demand is expected to favorably impact market growth. Batteries serve as dependable power sources for electronic devices, absorbing fluctuations and ensuring constant supply. The growing need for power backups in emerging economies like Vietnam, China, and India is expected to propel demand. The adoption of hybrid and electric vehicles, coupled with government incentives, will drive both battery and electric vehicle industries. Furthermore, volatile gasoline prices are anticipated to drive EV demand, prompting battery service networks to exceed traditional gasoline infrastructure.
US Electrolytic Manganese Dioxide Market is poised to grow at a sustainable CAGR for the next forecast year.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
Alkaline Batteries
Fastest Growth
Zinc-carbon Batteries
Growth Rate
7.1% CAGR
Global Electrolytic Manganese Dioxide Market ($ Bn)
Country Share for North America Region (%)
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Electrolytic Manganese Dioxide Market Segmental Analysis
Electrolytic Manganese Dioxide Market is segmented by application, and region. Based on application, the market can be segmented into batteries (Alkaline Batteries, Zinc-Carbon Batteries, Li-Ion Batteries), water treatment, and others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Electrolytic Manganese Dioxide Market Analysis By Application
The battery segment is further categorized into lithium-ion batteries, alkaline batteries, and zinc-carbon batteries. Emerging as the dominant application segment, the battery category accounted for a substantial revenue share of over 90% in 2022 and is projected to maintain its lead throughout the forecast period.
Among the battery applications, alkaline batteries have witnessed a notable surge in demand, particularly in developed economies such as the UK, the U.S., and Switzerland. Renowned for delivering enduring performance, alkaline batteries find widespread use in diverse electronic products like clocks, radios, and remote controls. Their extensive runtime and productivity have contributed to their impressive market penetration.
Lithium-ion batteries, known for their extended power storage capacity, have become indispensable components of portable devices like toys, digital diaries, iPods, artificial pacemakers, calculators, and timekeeping instruments. The increasing demand for electric vehicles is expected to drive substantial growth in the lithium-ion battery sector in the forthcoming years.
The water treatment segment is poised for noteworthy growth during the forecast period. Electrolytic manganese dioxide plays a pivotal role in water treatment plants by serving as electrodes that facilitate the separation of waste from water. The Asia Pacific region is witnessing a surge in the water purifier industry, which is anticipated to foster the demand for EMD in the foreseeable future.
Global Electrolytic Manganese Dioxide Market By Application
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Electrolytic Manganese Dioxide Market Regional Insights
By the year 2022, North America had firmly established its dominance in the market, capturing an impressive revenue share that exceeded 45%. This prevailing trend is foreseen to continue shaping the market landscape throughout the entire forecast period. The widespread application of electrolytic manganese dioxide (EMD) in battery cathodes, specifically within primary and secondary batteries essential for electric vehicles, stands as a driving force behind the burgeoning regional demand. This impetus is anticipated to serve as the paramount dynamic propelling the growth trajectory of the market over the envisaged timeframe.
The European market is positioned to hold a significant market share, propelled by the escalating demand stemming from electric vehicle applications and battery-operated electronic devices. Notably, the strategic investments made by European governments in the expansion of lithium-ion battery charging infrastructure, aimed at bolstering vehicle sustainability, are projected to play a pivotal role in stimulating the appetite for battery-powered vehicles in the years to come.
Meanwhile, the Asia Pacific region is poised to exhibit the highest Compound Annual Growth Rate (CAGR) during the forecast period, driven by a surging demand for battery applications. The region's escalating thirst for electronic products is anticipated to breathe new life into the regional market throughout the projected time frame. Noteworthy is the fact that the Asia Pacific region boasts the status of being the world's foremost producer of EMD. This reputation is complemented by an upswing in power storage systems and a thriving automotive electronics industry. This amalgamation of factors has created a robust demand for EMD within the region, leading to a favorable impact on the expansion of the market.
Global Electrolytic Manganese Dioxide Market By Geography
- Largest
- Fastest
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Electrolytic Manganese Dioxide Market Dynamics
Electrolytic Manganese Dioxide Market Drivers
Growing Demand for Batteries
- The increasing demand for various types of batteries, including lithium-ion, alkaline, and zinc-carbon batteries, across industries such as automotive, electronics, and energy storage, is a significant driver for the electrolytic manganese dioxide market. Batteries serve as a critical power source for a wide range of applications, including electric vehicles, portable electronic devices, and renewable energy storage systems.
Water Treatment Applications
- The application of electrolytic manganese dioxide in water treatment systems for separating waste from water is gaining traction due to stringent water treatment regulations and increasing concerns about water pollution. The growing need for effective water purification methods to address environmental and health concerns contributes to the market's growth.
Electrolytic Manganese Dioxide Market Restraints
Fluctuating Raw Material Prices
- The market is susceptible to fluctuations in the prices of raw materials, particularly manganese ore. Price volatility can impact the production costs and profitability of electrolytic manganese dioxide manufacturers, leading to market uncertainties.
Environmental and Health Concerns
- The production and processing of manganese dioxide involve environmental and health concerns related to emissions, waste management, and occupational health risks. Regulatory measures to address these concerns can impose challenges on manufacturers and impact market growth.
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Electrolytic Manganese Dioxide Market Competitive Landscape
The competitive landscape of the global EMD market is characterized by the presence of key players actively vying for market share. These players are engaged in strategic initiatives to enhance their product portfolios, expand their market reach, and capitalize on the growing demand for battery materials. The market is moderately consolidated, with a mix of established multinational corporations and specialized manufacturers.
Major industry participants include companies such as Delta EMD Limited, Tosoh Corporation, Tronox Holdings plc, and American Manganese Inc. These players are focused on research and development to improve the performance and efficiency of their EMD products, catering to the diverse needs of battery manufacturers. Collaborations, partnerships, and joint ventures are common strategies employed by key companies to leverage their strengths and expertise in material science and battery technology.
Electrolytic Manganese Dioxide Market Top Player’s Company Profiles
- Prince International Corporation (United States)
- Mesa Minerals Limited (Australia)
- Delta EMD Limited (United Kingdom)
- Good Earth Minerals, LLC (United States)
- Micromesh Minerals & Metals (India)
- Eveready Industries India Ltd (India)
- CITIC Dameng Holdings Limited (China)
Electrolytic Manganese Dioxide Market Recent Developments
- In February 2024, India-based public sector undertaking MOIL Ltd achieved production of 12.73 lakh MT of manganese ore registering a remarkable growth of 41 % on y-o-y. The company also posted sales of 11.01 lakh MT of manganese ore with a significant growth of 40% on y-o-y. The revenue from operation during the nine months of FY’24 was at Rs 1033.55 crore which was 13 per cent higher over CPLY.
- In August 2023, the company Samsung SDI announced that it had begun mass production of lithium-ion batteries for electric vehicles using electrolytic manganese dioxide.
- In September 2023, the company BYD announced that it had signed a contract to supply electric vehicles to the Chinese government.
Electrolytic Manganese Dioxide Key Market Trends
- Advancements in Battery Technology: Ongoing advancements in battery technology, such as higher energy density and longer lifespan, are driving the demand for high-quality materials like electrolytic manganese dioxide. Market players are focusing on developing materials that enhance battery performance, contributing to the overall growth of the market.
- Focus on Sustainability and Recycling: The growing emphasis on sustainability and circular economy practices is leading to increased efforts in recycling battery materials, including manganese dioxide. Recycling initiatives aim to reduce the environmental impact of battery production and disposal while ensuring a stable supply of critical materials.
Electrolytic Manganese Dioxide Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Product types team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to our global electrolytic manganese dioxide market analysis, the global Electrolytic Manganese Dioxide (EMD) market is poised for robust growth driven by the surging demand for batteries, particularly in the electric vehicle and electronics sectors. North America has demonstrated dominance, fueled by its strong adoption of EMD in battery cathodes, while Europe's strategic investments in sustainable energy infrastructure are projected to play a pivotal role in propelling market expansion. The Asia Pacific region, as the largest EMD producer, is witnessing a surge in power storage systems and automotive electronics demand, further bolstering its market growth potential. The competitive landscape is marked by key players focusing on strategic collaborations, research and development, and sustainable production practices. As the market evolves, advancements in battery technology, increasing emphasis on environmental sustainability, and expanding partnerships are expected to shape the market's trajectory.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 1.50 billion |
| Market size value in 2031 | USD 2.78 billion |
| Growth Rate | 7.1% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Electrolytic Manganese Dioxide Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Electrolytic Manganese Dioxide Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Electrolytic Manganese Dioxide Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Electrolytic Manganese Dioxide Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Electrolytic Manganese Dioxide Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Electrolytic Manganese Dioxide Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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