Electrolytic Manganese Dioxide Market Analysis Report By Application, By Region And Segment Forecasts From 2019 To 2025

Industry Insights

The global electrolytic manganese dioxide market size was worth USD 1.25 billion in 2018. The market is projected to ascend at a CAGR of 7.0% during the forecast period. The rise in demand for batteries from different end-user industries such as automotive and electrical is estimated to supplement the market growth.

The advent of Lithiated Manganese Dioxide (LMD) is the major development experienced by the market. It consists of 61% manganese, 35% oxygen, and 4% lithium. Further, the battery provides benefits including thermal stability, improved safety, and high-power output. These benefits led to the rise in the application of these batteries in electric vehicles.

The U.S accounts for almost 30% of the electric vehicles in the world, which uses EMD in batteries of the electric cathode. Additional, growing demand for water treatment applications is likely to propel the growth of the water treatment industry over the forecast period, which, in turn, is expected to supplement the demand for electrolytic manganese dioxide.

Further, benefits such as high capacity over the long-range and larger shelf life of these batteries are projected to make them demanding in developed countries. For example, the U.S is one the largest water treatment market and is estimated to attribute significantly to the market growth.

The growing penetration of portable devices across the world is likely to affect positively the EMD market growth shortly. These batteries ensure a constant supply of power to the electronic devices by absorbing fluctuations and damage. In addition, a rise in power consumption in emerging countries such as India, China, and Vietnam is expected to provide lucrative opportunities for market growth.

Applications Insights

Base on the application, the electrolytic manganese dioxide (EMD) market is divided into water treatment and battery. The battery segment alone accounted for over 90% of the market share in 2018 and this segment is expected to continue its dominance from 2019 to 2025. Further, the battery segment has been categorized into the alkaline battery, zinc-carbon battery, and lithium-ion battery.

In the recent past, alkaline batteries demand has increased significantly, especially in developed countries such as Switzerland, U.S, and the U.K. These batteries are mostly used in consumer electronics such as radios, remote controls, and clocks. Factors such as greater productivity and longer running time are attributing to the growth of this segment.

On the other hand, lithium-ion-based batteries are used in different portable devices such as iPods, calculators, stopwatches, and others. These batteries can last long and provide longer power storage. The rise in demand for these batteries from the electrical vehicles industry is estimated to proliferate the growth of the market.

The water treatment segment is predicted to witness a CAGR of 2.8% from 2019 to 2025. EMD is incorporated in the electrodes during water treatment processes to separate waste materials from water. The water purifier industry in the Asia Pacific is witnessing rapid growth, which, in turn, is projected to contribute to market growth shortly.

Regional Insights

In 2018, North America held USD 565.8 million and emerged as the largest shareholder. Further, the region is projected to continue its dominance over the forecast period. In power production, EMD is used in cathodes of batteries. Growing sales of electric vehicles in the region is the prime factor attributing to the growth of the market.

On the other hand, Europe is estimated to account for USD 346.9 million by 2025 owing to the rising demand for electrical vehicles. The rise in investments by governments in the region in lithium-ion batteries is primarily attributing to the growth of the market.

In 2018, Asia Pacific occupied 34.0% of the market share and is projected to ascend significantly owing to the rising demand for batteries. Growing demand for electrical products is positively attributing to the growth of the market. The region is the largest manufacturer of EMD anywhere in the world. This production is further supplemented by the increasing demand for the power storage system and rising electrical vehicle manufacturing.

Electrolytic Manganese Dioxide Market Share Insights

There is fierce competition in the market despite the reduction in prices of manganese ore. Declining prices have resulted in making the market more fragmented. Key players are focusing on product safety and the development of sustainable strategies.

Key players functioning in the market include Tronox Limited, American Manganese Inc., Metallics Mine-chem Pvt. Ltd, Qingdao BassTech Co., Ltd, Mesa Minerals Limited, and Tosoh Corporation among others. These key players are emphasizing integrating value chains and incorporating advanced technologies.

Report Scope

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels, and provides an analysis of the latest industry trends in each of the sub-segments from 2014 to 2025. For this study, Million Insights has segmented the global electrolytic manganese dioxide market report based on application and region:

• Application Outlook (Volume, Tons; Revenue, USD Thousand, 2014 - 2025)
    • Batteries
        • Alkaline Batteries
        • Zinc-carbon Batteries
        • Li-ion Batteries
    • Water Treatment
    • Others

• Regional Outlook (Volume, Tons; Revenue, USD Thousand, 2014 - 2025)
    • North America
        • U.S.
        • Mexico
        • Canada
    • Europe
        • Germany
        • U.K.
        • Russia
        • Poland
    • the Asia Pacific
        • China
        • Japan
        • South Korea
        • India
        • Australia
    • Central & South America
        • Brazil
    • Middle East & Africa
        • UAE