Global Manganese Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

• In August 2020, South32 Ltd. declared that it would sell its entire stake in the manganese alloy smelter, Tasmanian Electro Metallurgical Company (TEMCO) to UK-based conglomerate GFG Alliance and thereby expanding the business of GFG Alliance.

• In November 2022, manganese production ramped up as supply chain issues eased, meeting the growing demand from the steel industry, which is a key consumer of the metal.

• In December 2021, the manganese market saw increased demand for its use in electric vehicle (EV) batteries, driven by the growing shift towards sustainable automotive technologies.

The global manganese market can be analyzed through key segments including type, application, and region, each impacting market dynamics. By type, the market includes manganese ore, manganese alloys, and manganese chemicals. Manganese ore is the primary raw material for producing manganese alloys and chemicals, with significant demand driven by the steel industry. Manganese alloys, such as ferromanganese and silicomanganese, are essential for steel production, providing strength and durability. Manganese chemicals, including manganese sulfate and manganese dioxide, are used in batteries, fertilizers, and water treatment, reflecting the versatility of manganese in various industrial applications.

The market is segmented into steel production, battery manufacturing, chemicals, and other uses. Steel production remains the largest application segment, driven by the essential role of manganese in enhancing steel properties. The battery manufacturing segment is growing rapidly, fueled by the rise in electric vehicle adoption and the need for efficient energy storage solutions. Manganese chemicals are used in a variety of applications, including agriculture, where they serve as micronutrients in fertilizers, and in chemicals for industrial processes. Each application segment contributes differently to the overall market growth, reflecting the diverse uses of manganese.

The market is divided into regions such as Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa. The Asia-Pacific region leads the market due to its significant steel production capacity and growing demand for manganese in batteries and other applications. North America and Europe also hold substantial shares, supported by advanced manufacturing technologies and high demand for specialized manganese products. Latin America and the Middle East & Africa represent emerging markets with growing industrial activities and increasing investments in infrastructure and technology, contributing to their expanding share in the global manganese market. Each region’s market dynamics reflect its industrial focus, economic conditions, and demand for manganese across various sectors.

Global Manganese Segment Analysis

In this report, the Global Manganese Market has been segmented by Application, End User Industry and Geography.

Global Manganese Market, Segmentation by Application

The Global Manganese Market has been segmented by Application into Alloys, Electrolytic Manganese Dioxide, Electrolytic Manganese Metals, and Other Applications.

Alloys are the largest application segment, as manganese is primarily used as an alloying agent in the production of steel, where it enhances the strength, toughness, and hardness of steel. Manganese alloys such as ferromanganese and silicomanganese are essential in the manufacturing of stainless steel, carbon steel, and other alloy steels, making this segment a critical driver of manganese demand in the global market.

Electrolytic manganese dioxide (EMD) is another significant application, mainly used in the production of batteries, particularly in lithium-ion batteries for electric vehicles (EVs) and consumer electronics. The growing demand for electric vehicles and energy storage systems is propelling the need for high-purity EMD, making it a key application in the renewable energy and transportation sectors. EMD is valued for its high electrochemical performance, which is crucial for battery efficiency and longevity.

Electrolytic manganese metals (EMM) are used primarily in the production of high-performance steel and aluminum, as well as in the manufacturing of chemicals and fertilizers. EMM is produced from manganese ore and has applications in the metallurgical industry, where it is used as a raw material in the production of various alloys, as well as in chemical processes for the production of fertilizers and other industrial products. The demand for EMM is closely tied to the needs of industries such as automotive, construction, and agriculture, where it is used in the production of high-strength materials and chemical compounds.

Other applications of manganese include its use in the production of animal feed, water treatment, and as a pigment in the ceramics and glass industry. Manganese compounds are also used in the production of fungicides and pesticides, as well as in food and beverage products as a supplement. While smaller in comparison to alloys, EMD, and EMM, these applications still contribute to the diversified demand for manganese across various industrial and consumer sectors. The overall growth in these segments is driven by technological advancements, industrial expansion, and the increasing adoption of electric vehicles and renewable energy solutions.

Global Manganese Market, Segmentation by End User Industry

The Global Manganese Market has been segmented by End User Industry into Industrial, Construction, Power Storage and Electricity, and Other End-use Sectors.

In the industrial sector, manganese plays a vital role, especially in the production of steel and alloys, where it improves strength, toughness, and resistance to wear and corrosion. The steel industry, one of the largest consumers of manganese, relies heavily on this metal to produce carbon steels, stainless steels, and specialty alloys used in automotive, machinery, and infrastructure applications.

In the construction industry, manganese is essential for producing high-strength steel used in structures such as bridges, buildings, and roads. The metal’s use in construction materials ensures durability and resistance to harsh environmental conditions, making it a critical component in infrastructure projects. Manganese alloys, particularly ferromanganese and silicomanganese, are widely utilized in the production of reinforcing bars, structural beams, and other key construction materials, contributing to the market's growth as global urbanization and construction activities expand.

The power storage and electricity sector is a growing end-user industry for manganese, primarily due to its use in the production of batteries, including lithium-ion and other rechargeable battery types. Manganese is a critical component of electrolytic manganese dioxide (EMD), which is used in battery cathodes for energy storage applications. As the global demand for renewable energy, electric vehicles, and energy-efficient technologies increases, manganese’s role in power storage systems continues to gain importance, driving significant growth in this sector.

Other end-use sectors include agriculture, automotive, consumer electronics, and chemicals, where manganese is utilized in various forms and compounds. It is used in fertilizers to improve crop yield, as well as in the production of fungicides and animal feed. The automotive sector also relies on manganese in the production of lightweight and high-strength materials for car manufacturing. Consumer electronics, such as mobile phones, laptops, and other devices, use manganese in their batteries and components. Manganese’s versatility across these diverse sectors highlights its importance in modern industrial and technological advancements.

Global Manganese Market, Segmentation by Geography

In this report, the Global Manganese Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.

Global Manganese Market Share (%), by Geographical Region, 2024

In 2023, the Asia-Pacific region holds the largest share of the global manganese market, driven by its dominant role in steel production and growing demand for battery materials. Countries such as China and India are major contributors to this regional dominance due to their substantial steel manufacturing capabilities and increasing investments in electric vehicle (EV) production. The region's extensive industrial base and ongoing infrastructure development support the high demand for manganese, solidifying its leading position in the global market.

North America also represents a significant portion of the manganese market share. The region's demand is bolstered by advancements in battery technologies and a strong focus on automotive and industrial applications. The United States, in particular, is a major player in the EV and renewable energy sectors, driving the need for high-performance manganese-based materials in batteries and other applications. The presence of established industrial infrastructure and innovation in technology further supports North America's substantial market share.

With its emphasis on technological innovation and sustainability, holds a notable share of the manganese market. The region's focus on high-quality steel production and advancements in battery technologies contribute to its market presence. The European Union's policies promoting clean energy and efficient resource use also drive demand for manganese, especially in renewable energy storage and specialized industrial applications. While Latin America and the Middle East & Africa have smaller market shares, their growing industrial activities and investments in infrastructure contribute to their gradual market expansion.

This report provides an in depth analysis of various factors that impact the dynamics of Global Manganese Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.

Drivers, Restraints and Opportunity Analysis

Drivers

• Increasing Demand for Steel Production
• Rising Adoption of Electric Vehicles
• Advancements in Battery Technologies

• Growing Use in Chemical and Agricultural Applications - The growing use of manganese in chemical and agricultural applications is a significant driver of market expansion. Manganese chemicals, such as manganese sulfate and manganese dioxide, are vital in various industrial processes. These chemicals serve as key components in the production of specialty chemicals, catalysts, and water treatment products. Their versatility and effectiveness in enhancing industrial processes contribute to the increased demand for manganese in the chemical sector.

  In agriculture, manganese is a crucial micronutrient essential for plant health. Manganese carbonate and manganese sulfate are commonly used in fertilizers to address manganese deficiencies in soil, which can impact crop yields and quality. The increasing emphasis on improving agricultural productivity and soil management drives the demand for manganese-based fertilizers. As global agricultural practices advance and the need for effective soil conditioners grows, manganese plays a critical role in supporting sustainable farming and enhancing crop performance.

  The expanding applications of manganese in these sectors reflect its importance beyond traditional steel production. Innovations in chemical processes and the adoption of advanced agricultural practices highlight the growing versatility of manganese. As industries continue to seek efficient and effective solutions, the role of manganese in chemical and agricultural applications remains a key factor in the global market's development.

Restraints

• Volatility in Manganese Ore Prices
• Environmental and Regulatory Challenges
• Limited Availability of High-Quality Deposits

• High Production and Transportation Costs - High production and transportation costs represent significant challenges in the global manganese market. The extraction and processing of manganese ore involve complex and energy-intensive operations, contributing to elevated production costs. Mining activities require substantial investment in technology, equipment, and labor, all of which can drive up the overall expenses. Additionally, the need for processing and refining the ore to obtain usable manganese products further adds to these costs.

  Transportation costs also impact the manganese market, particularly due to the geographical concentration of high-quality manganese deposits. Manganese ore is often mined in remote locations, requiring long-distance transportation to processing facilities and end-users. The logistics of transporting heavy and bulky materials, coupled with fluctuating fuel prices and infrastructure challenges, can significantly affect the cost structure. These transportation costs can be passed on to consumers, influencing market prices and potentially affecting demand.

  The high production and transportation costs can create barriers to entry for new players in the market and affect the competitiveness of existing producers. Companies must navigate these financial challenges while striving to maintain profitability and market share. Innovations in mining technology, improvements in logistics, and efficient supply chain management are essential to mitigating these cost pressures and supporting sustainable growth in the manganese market.

Opportunities

• Expansion of Emerging Markets
• Development of Advanced Battery Materials
• Investment in Sustainable Mining Practices

• Growth in Renewable Energy Storage Solutions - The growth in renewable energy storage solutions is driving significant demand for manganese, particularly in battery technologies. Manganese-based materials, such as lithium manganese oxide, are critical components in lithium-ion batteries used for energy storage in renewable energy systems. As the global shift towards renewable energy sources, like solar and wind power, accelerates, there is an increasing need for efficient and reliable energy storage solutions to balance supply and demand. This demand for high-performance batteries fuels the market for manganese, making it a key material in supporting the transition to cleaner energy technologies.

  The advancements in battery technology, aimed at improving energy density, safety, and cost-effectiveness, further enhance the role of manganese. Innovations in battery chemistries and designs leverage manganese to achieve better performance characteristics and longer life cycles. The ongoing research and development in battery technologies highlight manganese's importance in meeting the growing needs of renewable energy storage systems. As energy storage solutions become more advanced and widely adopted, the demand for manganese in batteries is expected to rise accordingly.

  The integration of renewable energy sources into power grids and the expansion of energy storage infrastructure underscore the critical role of manganese in this sector. Governments and organizations worldwide are investing in energy storage projects to support renewable energy adoption and ensure grid stability. This investment drives demand for manganese-based batteries, highlighting the material's growing importance in the renewable energy landscape. As the market for renewable energy storage solutions continues to expand, manganese will remain a vital component in enabling the sustainable and efficient storage of clean energy.

Key players in Global Manganese Market include :

• Anglo American
• Assmang Proprietary
• Carus Corporation
• Compania Minera Autlan
• Consolidated Minerals Limited
• Mesa Minerals Limited

In this report, the profile of each market player provides following information:

• Company Overview and Product Portfolio
• Key Developments
• Financial Overview
• Strategies
• Company SWOT Analysis