Manganese Market size was valued at 9792.09 USD Million in 2024 and is projected to reach 18007.78 USD Million by 2035, growing at a CAGR of % from 2025 to 2035

Market Research Future (MRFR) has published a comprehensive research report on the “Global Manganese Market”, covering trends from 2019 to 2035.

The market is projected to grow at a CAGR of 5.6% during the forecast period (2025–2035), reaching a valuation of 18007.78 USD Million by 2035.

As per Market Research Future (MRFR) analysis the following companies as the key players in the Global Manganese Market, Eramet, South32, MOIL Limited, Jupiter Mines, LHG Mining, OM Holdings Limited, United Manganese of Kalahari, Assmang Proprietary Limited, Anglo American, and AML Holdings LLC.

Manganese Market Highlights

Global Manganese Market is projected to grow at a CAGR of 5.6% in the forecast period, and the market is expected to reach 18007.78 USD Million by 2035.

Global Manganese Market was valued at 9792.09 USD Million in 2024. The Global Manganese Market is projected to grow 18007.78 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 5.6 % during the forecast period (2025-2035).

The global manganese market is a critical component of the industrial metals sector, driven by its essential role in steel production, battery technologies, and chemical applications. Manganese, a versatile transition metal, primarily serves as an alloying element in steel, improving strength, hardness, and corrosion resistance, making it indispensable for construction, infrastructure, and automotive industries. Over the past decade, the market has witnessed steady growth, fueled by rapid urbanization, industrialization, and the expansion of electric vehicles (EVs), which require high-purity manganese for lithium-ion battery cathodes. Geographically, manganese production is concentrated in a few key regions, including South Africa, Gabon, Australia, Brazil, and China, leading to a supply chain characterized by regional concentration, trade dependencies, and price volatility. In addition to traditional uses, emerging applications in energy storage, specialty alloys, and environmental technologies are reshaping demand patterns, encouraging miners and refiners to invest in high-purity and value-added products. The market is also influenced by government regulations, environmental compliance, and sustainability initiatives, as stakeholders adopt low-carbon and ethically sourced manganese. With growing demand in both established and emerging sectors, the global manganese market represents a strategically significant and evolving landscape, offering opportunities for investment, technological innovation, and supply chain optimization.

At the same time, the global transition toward low-carbon steelmaking and increasing adoption of electric arc furnace (EAF) routes will further strengthen manganese demand due to the higher alloy requirements inherent in scrap-based steel production. Supply concentration in a few countries and the growing importance of high-purity manganese for batteries add strategic complexity but also open opportunities for new refining capacity outside China. Overall, manganese demand is fundamentally underpinned by the structural resilience of steel production, and the market outlook remains firmly positive, supported by long-term industrialization, technology-driven steel evolution, and the global shift toward sustainable metallurgy.

Segment Analysis

Based on Type,

Based on Type the Global Manganese Market is segmented into:

• High Carbon Ferromanganese


• Medium Carbon Ferromanganese


• Low Carbon Ferromanganese


• Silicon-Manganese


• Electrolyte Manganese Metal


• Electrolyte Manganese Dioxide

High Carbon Ferromanganese

High-carbon ferromanganese (HCFeMn) is one of the most commonly used ferroalloys worldwide. It is a manganese-based alloy produced directly from manganese ores, with a manganese content typically between 70–80% by weight and a carbon content of 6–7% by weight. In steelmaking, HCFeMn is generally offered as the primary product for alloying purposes. It is widely employed in various steelmaking processes to regulate the manganese content in steel, which is an essential element for achieving desired steel properties. High-carbon ferromanganese is a key alloy material primarily composed of iron, manganese, and carbon, typically containing 76–85% iron, 65–80% manganese, and 7–9% carbon. Its applications span several industrial sectors. In steelmaking, it serves as a crucial alloying element for producing high-strength, tough, wear-resistant, and corrosion-resistant steels, widely used in automotive, shipbuilding, machinery, and construction industries.

Medium Carbon Ferromanganese

Medium Carbon Ferro Manganese (MC FeMn) has become an essential alloying material in modern metallurgy because it offers an ideal balance between hardness and ductility. Containing roughly 60–75% manganese and 0.6–1.2% carbon, with the remainder being iron and small amounts of silicon, sulfur, and phosphorus, it sits between low-carbon and high-carbon grades and delivers both strength and good weldability. Its manganese content helps refine austenite grains and prevent hot-shortness, while moderate carbon levels improve hardness and wear resistance without severely compromising toughness. Advanced analytical techniques—including SEM and XRD—reveal that MC FeMn promotes a uniform distribution of carbides, which enhances fatigue performance in steels. Production typically uses electric-arc furnaces with oxygen-lancing systems that allow precise carbon reduction, while optimized slag compositions improve manganese recovery and reduce iron losses. Modern AI-driven control systems further refine melt chemistry and reduce energy consumption. Metallurgically, steels alloyed with MC FeMn exhibit hardness values around 35–45 HRC, up to 20% higher tensile strength compared to low-carbon grades, and excellent impact toughness at sub-zero temperatures. Compared with other ferroalloys, it offers a balanced combination of strength, ductility, weldability, and cost-effectiveness. As a result, MC FeMn is widely used in structural steels, stainless steels, tool steels, automotive components, rails, gears, and even emerging additive-manufacturing applications. Its performance can be optimized through proper addition timing, complementary alloying, and tailored chemical grades. From a sustainability perspective, MC FeMn is well suited to scrap-based EAF steelmaking, enabling high recycling rates, lower energy use, near-zero-waste slag utilization, and reduced CO₂ emissions. Looking ahead, it is expected to play an increasingly important role in green-steel initiatives, hydrogen-based DRI technologies, advanced automotive steels, and AI-enhanced metallurgical processes. Proper packaging, dry storage, and dust-controlled handling are recommended to maintain its quality during industrial use. In the Chinese market, medium-carbon ferromanganese prices have generally trended downward since 2023. However, with the recent market recovery, production activity in several regions has picked up. At the same time, rising costs of raw materials such as coke have pushed overall production expenses higher. As a result, the price of medium-carbon ferromanganese has experienced a slight rebound.

Low Carbon Ferromanganese

Low Carbon Ferro Manganese is an essential alloying material used extensively in steelmaking and foundry operations due to its controlled carbon levels, high manganese content, and strong deoxidizing performance. These characteristics make it a critical component for producing high-quality steels with precise chemical composition requirements. Its role in enhancing material strength, toughness, and overall performance has made it indispensable to industries such as construction, transportation, and heavy manufacturing. As technology has advanced, so has the production of low-carbon ferromanganese. Traditional methods relied on blowing oxygen into high-carbon ferromanganese to reduce its carbon content—an approach that, although effective, was costly, complicated, and environmentally unfriendly. Modern processes, particularly electric-furnace smelting, have greatly improved efficiency, lowered emissions, reduced production costs, and ensured consistent metallurgical quality. Because of these technological improvements, low-carbon ferromanganese now supports an even broader range of applications. It serves as a vital alloying element in stainless steel, heat-resistant and wear-resistant steels, cast irons, and various high-performance structural steels. Beyond alloying, it functions effectively as a deoxidizer and desulfurizer, helping refine molten steel and improve hot-workability. Its addition significantly boosts mechanical properties such as tensile strength, impact resistance, and durability. In specialty steels—including free-cutting steel, tool steel, spring steel, bearing steel, non-magnetic steel, and heat-resistant grades—low-carbon ferromanganese contributes to superior product quality and higher technical performance, cementing its role as a key material in advanced steel production.

Silicon Manganese

Silicon Manganese (SiMn) is an alloy made from iron, manganese, and silicon, produced by smelting high-carbon ferromanganese slag at elevated temperatures. Both silicon and manganese serve as effective deoxidizers, helping improve the hardness, strength, and overall toughness of steel. The alloy is available in several grades, including high-carbon, medium-carbon, low-carbon, and extra-low-carbon varieties. Physically, silicon manganese appears as silver-grey to dark-grey metallic lumps, granules, or powders with a rough surface. Its density generally ranges between 6.0 and 6.2 g/cm³, while its melting point varies from 1,350°C to 1,480°C depending on composition. The material is hard and brittle, with a Mohs hardness of about 6 to 7, and exhibits poor electrical and thermal conductivity compared to pure metals. It also has weak magnetic properties due to its silicon and manganese content. Carbon levels typically fall between 2% and 3%, depending on the grade. SiMn is insoluble in water and remains chemically stable under normal conditions. In steelmaking, it reacts readily with oxygen, acting as a powerful deoxidizer to remove impurities such as oxygen and sulfur and enhance the quality of the final steel product. Its brittle nature also means it can break easily when handled in lump or granular form. Silicon manganese is widely used in steelmaking, primarily serving as an effective deoxidizer since both silicon and manganese help remove oxygen and enhance the purity of molten steel. It also functions as an important alloying component silicon contributes to strength and acts as an additional deoxidizer, while manganese improves hardenability, wear resistance, and overall mechanical performance. Because of these combined benefits, silicomanganese is commonly used in carbon steels, alloy steels, stainless steels, and various foundry alloys, and it also helps improve the fluidity of molten metal during casting. Moreover, adding silicon and manganese together in the form of SiMn is generally more efficient and economical than introducing the two elements separately in steel production. China was the world’s largest producer of silicomanganese in 2020, contributing about 68% of the total global output. Its production for that year was estimated at approximately 12.9 Mt.

Electrolytic Manganese

 Electrolytic manganese metal is produced by first leaching manganese ore with acid to form soluble manganese salts, which are then subjected to electrolysis to extract the elemental metal. The resulting manganese resembles iron in appearance, with an irregular shape, hard and brittle texture, and a surface that is shiny on one side and rough on the other. Its color varies from silvery white to brown, and when ground into powder, it takes on a silvery-gray appearance. Manganese is highly reactive: it oxidizes readily in air, dissolves in dilute acids with the release of hydrogen, and can even decompose water at slightly elevated temperatures, producing hydrogen gas. Manganese metal can be refined using either thermal (pyrometallurgical) or electrolytic (hydrometallurgical) methods. The thermal method yields manganese with a purity of 95–98%, whereas the electrolytic process produces highly pure manganese, with a purity of 99.7–99.9% or higher. Due to its ability to achieve such high purity, the electrolytic method has become the dominant technique for commercial manganese production. Electrolytic manganese, prized for its high purity, is primarily used to enhance the hardness and mechanical properties of various alloy materials. It is commonly incorporated into manganese-copper and manganese-aluminum alloys, where it significantly improves strength, toughness, wear resistance, and corrosion resistance. Beyond its role in alloy production, manganese and its compounds serve as essential raw materials across multiple industries. In metallurgy, it is a critical additive for steel and aluminum alloys, while powdered electrolytic manganese is the main precursor for producing manganese tetroxide, which finds extensive use in the electronics sector. Additionally, electrolytic manganese plays an important role in the aerospace industry, electronic technologies, chemical manufacturing, environmental protection applications, food safety, and welding electrodes, highlighting its versatility and industrial significance. The price of electrolytic manganese is largely determined by factors such as supply and demand, electricity costs, and the availability of raw materials.

Electrolytic Manganese Dioxide

 Electrolytic manganese dioxide (EMD) is a highly pure form of manganese dioxide with a unique crystal structure known as δ-MnO₂. This layered structure provides a large surface area and numerous vacant sites for oxygen, enabling rapid energy storage and release. Water molecules intercalated between the layers enhance its electrical conductivity, giving EMD higher capacitance and lower resistance compared to other manganese oxides. Its fine particle size and strong chemical reactivity improve battery performance, making it more effective and longer-lasting as a depolarizer than natural manganese dioxide, which typically contains more impurities and less manganese. Produced through electrolysis, EMD achieves the purity required for demanding applications. Industrially, EMD plays a crucial role across multiple sectors. The majority of EMD is utilized in battery production, supplying energy for electric vehicles, electronic devices, and energy storage systems. It is also employed in water treatment, where its oxidative and adsorptive properties help remove contaminants. Beyond these applications, EMD finds use in steel, glass, chemical, and electronics industries, valued for its catalytic and redox capabilities, which make it essential for various industrial processes. The production of electrolytic manganese dioxide (EMD) begins with natural manganese ores, primarily pyrolusite, which contains 60–63% manganese dioxide, and sometimes cryptomelane, which also contains potassium. These ores are extracted, cleaned to remove impurities, and then leached with sulfuric acid to produce a manganese sulfate solution suitable for electrolysis. Water is used in preparing the solution, and careful selection of high-quality ores ensures a purer final product. Purification is a critical step in producing high-quality EMD. After mining, the ore is crushed and ground into fine particles, then pre-treated through calcination or magnetic separation to facilitate manganese dissolution.

Based on Application,

Based on Application the Global Manganese Market is segmented into:

• Coloring Agent


• Oxidizing Agent


• Alloying Additive


• Polarizer


• Others

Coloring Agent

Manganese serves as an important coloring agent across several industries, though it represents a relatively small share of total manganese applications at 0.42% in 2024. Its primary use in this segment is in ceramics, glass, and paints, where it delivers distinctive aesthetic effects. In ceramics, varying concentrations and firing conditions allow manganese to produce hues ranging from brown to purple and pink, enriching the visual character of pottery, tiles, and decorative pieces. In the glass industry, manganese dioxide is added to generate violet or amethyst tones, while also correcting the natural green tint caused by iron impurities making it essential for both artistic and functional glass manufacturing. Additionally, manganese pigments help paint formulators achieve richer, more durable colors. Despite being a smaller market share, manganese’s role as a coloring agent remains crucial for decorative, architectural, and specialty products.

Oxidizing-Agent

Accounting for 5.01% of manganese use in 2024, the oxidizing-agent category underscores manganese’s strong relevance in electrochemical and industrial processes. Manganese dioxide is particularly vital in battery chemistry, especially in alkaline and zinc-carbon cells, where it drives key oxidation reactions that enable the batteries to generate electricity. Beyond batteries, manganese compounds play an essential role in water-treatment systems by helping oxidize and remove impurities, supporting clearer and safer water output. They are also important in chemical manufacturing, including the production of potassium permanganate a powerful oxidizer used for disinfection, deodorization, and treating industrial wastewater. The versatility of manganese-based oxidizers positions this segment as an indispensable part of energy storage, water purification, and specialty chemical production.

Alloying Additive

As the dominant application area with a 92.14% share in 2024, manganese’s role as an alloying additive primarily in steelmaking forms the backbone of its global demand. Manganese is added to steel to improve critical mechanical properties, including strength, hardness, and resistance to wear. It also acts as a deoxidizer, removing sulfur and oxygen impurities, thereby enhancing structural performance and preventing brittleness. These improvements make manganese-alloyed steels highly suitable for construction, automotive manufacturing, heavy machinery, and numerous infrastructure applications. Manganese also forms alloys with metals such as copper, iron, and aluminum, expanding its use into sectors such as aerospace and defense, where high-performance materials are essential. This application segment remains the cornerstone of the manganese industry due to its fundamental role in global metallurgy.

Polarizer

With a 0.21% share in 2024, manganese’s use as a polarizer represents a niche but technologically important application. In advanced electronics, manganese-containing materials are incorporated into specialized optical glass and polarizing components that help regulate light behavior. In LCD panels and similar display technologies, manganese compounds contribute to the production of polarizing filters that enhance screen clarity, brightness, and contrast. These polarizers are critical for the functionality of devices such as smartphones, computers, and televisions. Though small in market share, manganese’s contribution to optical and electronic performance highlights its relevance in modern display engineering.

Others

The “Others” category accounted for 2.22% of manganese applications in 2024, representing a broad mix of niche and emerging uses. Manganese is an essential micronutrient in agriculture, where it is added to fertilizers to support plant growth, photosynthesis, and enzyme activation. In the chemical industry, manganese compounds play roles in the manufacture of pigments, dyes, and pharmaceutical intermediates. Potassium permanganate—one of the most widely used manganese chemicals—serves as a disinfectant and antiseptic in medical and industrial settings. In energy-related applications, manganese is increasingly found in certain rechargeable battery types, including lithium-ion chemistries, where it enhances energy density and stability. These varied applications highlight manganese’s expanding relevance beyond traditional steel and battery sectors, reinforcing its importance in agriculture, healthcare, and advanced materials.

Based on Grade,

Based on Grade the Global Manganese Market is segmented into:

• Low Grade Manganese Ore (Below 35% Mn)


• Medium Grade Manganese Ore (35%-44% Mn)


• High Grade Manganese Ore (More than 44% Mn)

Low Grade Manganese Ore (Below 35% Mn)

Low-grade manganese ore, accounting for 15.66% of the global manganese market in 2024, plays a foundational but highly specialized role in the supply chain. This grade is predominantly consumed by the steel industry, which represents an overwhelming 95.56% of its end-use demand. The high dependency on steelmaking is due to the ore’s suitability for producing basic manganese alloys and for use in processes where lower manganese content is sufficient for desulfurizing and deoxidizing molten steel. Beyond steel, usage is limited but still meaningful in niche sectors—chemicals (1.21%), glass manufacturing (0.91%), and other industrial applications (2.32%) including agriculture and pigments. Although its applications are narrower than higher grades, low-grade manganese ore remains essential for bulk steel production, especially in regions where cost efficiency and availability of lower-concentration ore are critical to steel mill operations.

Medium Grade Manganese Ore (35%-44% Mn)

Medium-grade manganese ore dominates the global manganese sector, making up 60.10% of market share in 2024 and serving as the central raw material for a wide range of metallurgical and non-metallurgical industries. The steel industry again represents the largest consumer, accounting for 92.54% of demand for this grade, given its ideal balance of manganese concentration and cost-to-performance efficiency for alloy production. However, medium-grade ore also plays a notable role in sectors beyond steel. Non-ferrous alloys (3.11%) rely on this grade to enhance the strength and corrosion resistance of aluminum, copper, and other metal alloys. In emerging energy technologies, batteries (2.04%) particularly lithium-ion cathode chemistries requiring manganese—are becoming an increasingly important demand driver. Smaller but important markets include chemicals (0.61%), glass (0.32%), and other uses (1.38%). The diversity of applications and its suitability for both traditional alloying and advanced battery materials make medium-grade manganese ore the most versatile and widely used category in the global market.

High Grade Manganese Ore (More than 44% Mn)

High-grade manganese ore, holding 24.24% of the manganese market in 2024, is essential where purity, efficiency, and performance are paramount. Although steelmaking is again the largest end-use segment at 91.81%, high-grade ore is particularly valued for premium alloy production, especially where higher manganese concentrations improve mechanical strength and reduce impurities. This grade also has stronger integration into high-growth sectors compared to lower grades. Notably, batteries account for 4.01% of high-grade manganese consumption, reflecting the increasing demand for high-purity manganese sulfate used in advanced lithium-ion battery chemistries such as NMC and LMFP. The segment also supports non-ferrous alloys (2.07%), where high manganese content enhances durability and corrosion resistance in specialty alloys. Smaller applications in glass (0.26%) and other industries (1.85%) include electronics, catalysts, pigments, and specialty chemicals. Because of its superior quality and applicability in high-performance materials, high-grade manganese ore plays a critical role in both traditional heavy industries and rapidly expanding clean-energy technologies.

Based on End Use Industry,

Based on End Use Industry the Global Manganese Market is segmented into:

• Steel


• Batteries


• Non-Ferrous Alloys


• Chemicals


• Glass


• Others

Steel

Steelmaking is by far the dominant end-use sector for manganese, accounting for 92.14% of global manganese consumption in 2024. Manganese plays an indispensable role in steel production, functioning as both a deoxidizer and a desulfurizer, helping remove impurities such as sulfur and oxygen that would otherwise weaken steel. Beyond purification, manganese enhances crucial material properties, including tensile strength, hardness, impact resistance, and wear resistance. These improvements make manganese-alloyed steels vital for construction, transportation, automotive manufacturing, shipbuilding, railways, and heavy industrial machinery. Virtually every major steel product from structural beams and rebar to automotive components and tools—depends on manganese to meet required performance standards. Because steelmaking remains foundational to global infrastructure and industrial development, demand for manganese from this segment is consistently high and continues to shape global production and trade flows. Although non-metallurgical uses of manganese are growing, steel will continue to dominate consumption in the near to medium term due to the sheer scale of global steel output.

Batteries

The battery segment accounted for 3.04% of manganese demand in 2024, but it is the fastest-growing end-use industry, driven primarily by the expansion of electric vehicles (EVs). Manganese is a key input in high-purity manganese sulfate monohydrate (HPMSM), a critical precursor used in the cathodes of lithium-ion batteries (LIBs). In nickel-manganese-cobalt (NMC) batteries—widely used in the United States and Europe—manganese improves thermal stability, increases energy capacity, and extends driving range. Increasing manganese content in NMC cathodes offers performance advantages with minimal cost impact because manganese is significantly cheaper than cobalt and nickel. Beyond NMC, new battery chemistries are expanding manganese’s role. Lithium-manganese iron phosphate (LMFP) batteries, an evolution of LFP technology, use manganese to deliver greater energy density and improved performance. Manufacturers such as Tesla and several Chinese EV producers are actively exploring or piloting LMFP and other high-manganese cathode technologies. While LFP currently dominates China’s EV market, LMFP could shift this balance by narrowing the performance gap with NMC batteries at a competitive cost. Industry forecasts—including those from the International Energy Agency—suggest that manganese demand for energy-storage applications could increase 11–17 times by 2050, making batteries the most transformative future driver of manganese consumption. Although the segment is smaller today, its long-term growth trajectory is steep and strategically significant.

Non-Ferrous Alloys

The non-ferrous alloy segment made up 2.11% of global manganese usage in 2024. In this application, manganese is alloyed with metals such as copper, aluminum, and magnesium to improve strength, corrosion resistance, and formability. Aluminum-manganese alloys, for example, are widely used in beverage cans, roofing sheets, and automotive body panels due to their lightweight nature and structural reliability. Copper-manganese alloys are valued for their electrical conductivity and mechanical stability, supporting electrical and electronic components. This segment also includes specialized alloys used in aerospace, defense, and high-performance engineering applications where weight-to-strength ratios are critical. Though smaller compared to steel, non-ferrous alloys provide stable, diversified demand particularly as lightweight materials grow in importance in transportation and energy efficiency strategies.

Chemicals

Chemical applications of manganese accounted for 0.71% of consumption in 2024, comprising a range of industrial and specialty-chemical processes. Manganese compounds such as potassium permanganate and manganese dioxide are used as oxidizing agents in water treatment, wastewater purification, and chemical synthesis. They also serve as catalysts in various organic and inorganic chemical reactions. Potassium permanganate, in particular, is widely used as a disinfectant, deodorizer, and bleaching agent in industrial and environmental applications. Manganese-based chemicals also contribute to the production of pigments, dyes, and pharmaceutical intermediates. While modest in market share, the chemical segment plays an important role in sectors requiring controlled oxidation, purification, and catalysis.

Glass

The glass industry represented 0.42% of manganese use in 2024, relying on manganese mainly for its color-modifying and decolorizing properties. Manganese dioxide is added to molten glass to neutralize greenish hues caused by iron impurities, producing clearer or more visually appealing glass products. It also imparts intentional coloration—such as amethyst, violet, or pink tones—used in decorative glassware, lighting, and specialty architectural applications. Manganese-based additives help improve the optical quality and consistency of glass, making them valuable in both artistic and industrial glass manufacturing. While a smaller market, the segment is steady and supported by ongoing use in consumer goods and construction-related glass products.

Others

The “Others” category, comprising 1.58% of manganese consumption in 2024, encompasses diverse and increasingly innovative applications. Manganese is an essential micronutrient in agriculture, added to fertilizers to correct deficiencies and support plant growth, enzyme activation, and photosynthesis. In the medical and pharmaceutical fields, manganese compounds are incorporated into antiseptics and therapeutic formulations. Additional emerging uses include catalysts, pigments, electronic components, and specialty materials. Manganese is also being explored for future energy-storage solutions beyond conventional LIBs, including next-generation sodium-ion and solid-state batteries. These varied applications demonstrate manganese’s versatility and expanding role outside its traditional metallurgical base.

Regional Analysis

Based on the region,

North America

The North American manganese market is influenced by a variety of factors, including the region's industrial activities and the demand for manganese in sectors such as steel production, batteries, and electronics. In particular, the demand for manganese in the production of steel alloys is significant due to the growing need for stronger, more durable materials. Additionally, there is an increasing focus on developing alternative energy solutions, which has led to the rising importance of manganese in rechargeable battery technologies. While the market is well-established, North America continues to see a shift towards more sustainable and eco-friendly production processes, as well as increased investment in research and development to find innovative applications for manganese in emerging technologies.

Europe

Europe's manganese market is shaped by the region’s strong automotive and manufacturing industries, which are key consumers of steel and other alloys containing manganese. The push towards electric vehicles (EVs) and renewable energy solutions has contributed to a growing demand for manganese in batteries and energy storage systems. Moreover, Europe’s regulatory landscape, particularly with regards to sustainability and environmental standards, is driving innovations in manganese extraction and processing methods, leading to the development of more efficient and environmentally friendly techniques. The market also benefits from Europe’s emphasis on reducing dependence on external sources of critical raw materials by focusing on recycling and circular economy models.

Asia Pacific

Asia Pacific plays a pivotal role in the global manganese market due to its highly industrialized economies, particularly in countries like China, India, and Japan. Manganese is essential for steel production, which remains a dominant industry in the region. The region's manufacturing capabilities are vast, with manganese being a critical component in the production of steel alloys, batteries, and various other industrial products. In addition, the rising demand for electric vehicles in Asia, particularly in China, has boosted the need for manganese in the production of batteries for these vehicles. The rapid urbanization and growing infrastructure development across the region also contribute to the sustained demand for manganese.

South America

In South America, manganese is primarily sourced from mining operations, with countries like Brazil and Argentina being key players in the region's manganese market. The region is rich in manganese reserves, and the mining industry plays a crucial role in the local economy. Manganese extracted in South America is used extensively in steel manufacturing, both for local consumption and for export. The growing demand for manganese in various industrial applications, including the automotive and electronics sectors, has stimulated investments in mining and processing infrastructure. In addition, South America is positioning itself as a key supplier of manganese to global markets, particularly in light of increased global demand for steel and renewable energy technologies.

MEA

The Middle East and Africa are emerging as important regions for manganese production, particularly in the context of mining activities in countries like South Africa, which holds some of the world’s largest manganese reserves. The region is gaining prominence due to its potential to supply manganese to global markets, supported by strategic investments in mining infrastructure. While the region’s manganese market is still developing, there is growing recognition of the role that manganese plays in industries such as steel production and battery manufacturing. Additionally, the Middle East is witnessing increasing interest in renewable energy solutions, which is indirectly fueling the demand for manganese in energy storage applications.

Key Findings of the Study

• The global Manganese Market.is expected to reach 18007.78USD Million by 2035, growing at a CAGR of 5.6 % during the forecast period.


• In APAC accounted for the largest market revenue share of 80.92% in 2024.


• Silicon-Manganese (Si-Mn) accounted for the largest revenue share, holding about 62.80% in 2024 in Type Segment.


• Alloying Additive accounted for the largest revenue share, holding about 89.10% in 2024 in Application Segment.


• Medium Grade Manganese Ore (35–44% Mn) accounted for the largest revenue share, holding about 62.20% in 2024 in Grade Segment.


• Steel accounted for the largest revenue share, holding about 92.17% in 2024 in End-Use Industry Segment.


• The Global Manganese Market, key players Eramet, South32, MOIL Limited, Jupiter Mines, LHG Mining, OM Holdings Limited, United Manganese of Kalahari, Assmang Proprietary Limited, Anglo American, and AML Holdings LLC.