By clicking “Accept All Cookies” you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.
Privacy PolicyManganite Market (By Type: Massive Manganite, Fibrous Manganite, Earthy Manganite, and Others; By Application: Metallurgy Sector, Battery Energy Storage Systems, Glass & Ceramics, Construction Materials, Chemical Catalysts, and Others; By Region: North America, Asia Pacific, Europe, Latin America, and Middle East & Africa) Industry Size, Share, Growth, Trends 2025 to 2034
The global manganite market, valued at USD 612 million in 2024, is expected to reach approximately USD 880.11 million by 2034. This growth, driven by its applications in energy storage and other industrial uses, is anticipated at a CAGR of 3.7%.
Reports Attributes | Statistics |
Market Size in 2024 | USD 612 Million |
Market Size in 2025 | USD 634.64 Million |
Market Size in 2031 | USD 789.23 Million |
Market Size by 2034 | USD 880.11 Million |
CAGR 2025 to 2034 | 3.7% |
Base Year | 2024 |
Forecast Period | 2025 to 2034 |
The manganite market is experiencing significant growth, driven by increased demand in the construction industry, where it plays a critical role in additives like steel and alloys. The growing demand for manganese in ceramics and glass decolorization is also driving a majority of the share in market share. The supply chain may face challenges due to changing geopolitical tensions affecting material prices. However, the demand is expected to witness a boom due to the rising demand for lithium-ion batteries used in electric vehicles EVs. Governments are backing these initiatives to improve sustainability and eco-friendliness.
The countries are focused on improving domestic processing to reduce reliance on other players and enhance business opportunities for emerging producers. This shift is also fostering regional value chain development and encouraging investments in refining and material processing capabilities. The manganite market is expected to grow rapidly as demand for high-performance battery materials increases across electric vehicles and energy storage systems. The integration of artificial intelligence (AI) and machine learning (ML) is helping manufacturers optimize impurity levels and improve material consistency in battery-grade manganite production.
Regions | Shares (%) |
North America | 30% |
Asia Pacific | 35% |
Europe | 25% |
Latin America | 5% |
Middle East & Africa | 5% |
Segments | Shares (%) |
Massive Manganite | 45% |
Fibrous Manganite | 25% |
Earthy Manganite | 20% |
Others | 10% |
Segments | Shares (%) |
Metallurgy Sector | 40% |
Battery Energy Storage Systems | 20% |
Glass & Ceramics | 15% |
Construction Materials | 10% |
Chemical Catalysts | 10% |
Others | 5% |
Published by Saurabh Bidwai
Type | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
---|---|---|---|---|---|---|---|---|---|---|---|
Massive Manganite | 275.40 | 284.32 | 293.52 | 303.02 | 312.82 | 322.92 | 333.35 | 344.10 | 355.20 | 366.64 | 378.45 |
Fibrous Manganite | 153 | 159.30 | 165.85 | 172.67 | 179.76 | 187.15 | 194.83 | 202.83 | 211.15 | 219.82 | 228.83 |
Earthy Manganite | 122.40 | 129.47 | 136.89 | 144.69 | 152.87 | 161.46 | 170.48 | 179.94 | 189.88 | 200.30 | 211.23 |
Others | 61.20 | 61.55 | 61.87 | 62.10 | 62.28 | 62.38 | 62.41 | 62.36 | 62.20 | 61.95 | 61.60 |
Application | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
---|---|---|---|---|---|---|---|---|---|---|---|
Metallurgy Sector | 244.80 | 253.22 | 261.93 | 270.94 | 280.26 | 289.90 | 299.86 | 310.17 | 320.82 | 331.85 | 343.24 |
Battery Energy Storage Systems | 122.40 | 128.20 | 134.26 | 140.59 | 147.21 | 154.12 | 161.35 | 168.89 | 176.78 | 185.02 | 193.63 |
Glass & Ceramics | 91.80 | 95.20 | 98.72 | 102.37 | 106.16 | 110.09 | 114.16 | 118.38 | 122.76 | 127.31 | 132.02 |
Construction Materials | 61.20 | 64.73 | 68.45 | 72.34 | 76.43 | 80.73 | 85.24 | 89.97 | 94.94 | 100.15 | 105.61 |
Chemical Catalysts | 61.20 | 62.20 | 63.18 | 64.15 | 65.11 | 66.05 | 66.97 | 67.87 | 68.75 | 69.59 | 70.41 |
Others | 30.60 | 31.09 | 31.59 | 32.09 | 32.56 | 33.02 | 33.49 | 33.95 | 34.38 | 34.79 | 35.20 |
Region | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
---|---|---|---|---|---|---|---|---|---|---|---|
North America | 183.60 | 190.39 | 197.44 | 204.74 | 212.32 | 220.17 | 228.32 | 236.77 | 245.53 | 254.61 | 264.03 |
Asia Pacific | 214.20 | 223.39 | 232.98 | 242.96 | 253.37 | 264.21 | 275.51 | 287.28 | 299.55 | 312.33 | 325.64 |
Europe | 153 | 158.66 | 164.53 | 170.62 | 176.93 | 183.48 | 190.27 | 197.31 | 204.61 | 212.18 | 220.03 |
Latin America | 30.60 | 31.73 | 32.91 | 34.12 | 35.39 | 36.70 | 38.05 | 39.46 | 40.92 | 42.44 | 44.01 |
Middle East & Africa | 30.60 | 30.47 | 30.27 | 30.04 | 29.72 | 29.35 | 28.92 | 28.41 | 27.82 | 27.15 | 26.40 |
Subsegment | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
---|---|---|---|---|---|---|---|---|---|---|---|
Massive Manganite | 275.40 | 284.32 | 293.52 | 303.02 | 312.82 | 322.92 | 333.35 | 344.10 | 355.20 | 366.64 | 378.45 |
Fibrous Manganite | 153 | 159.30 | 165.85 | 172.67 | 179.76 | 187.15 | 194.83 | 202.83 | 211.15 | 219.82 | 228.83 |
Earthy Manganite | 122.40 | 129.47 | 136.89 | 144.69 | 152.87 | 161.46 | 170.48 | 179.94 | 189.88 | 200.30 | 211.23 |
Others | 61.20 | 61.55 | 61.87 | 62.10 | 62.28 | 62.38 | 62.41 | 62.36 | 62.20 | 61.95 | 61.60 |
Subsegment | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
---|---|---|---|---|---|---|---|---|---|---|---|
Metallurgy Sector | 244.80 | 253.22 | 261.93 | 270.94 | 280.26 | 289.90 | 299.86 | 310.17 | 320.82 | 331.85 | 343.24 |
Battery Energy Storage Systems | 122.40 | 128.20 | 134.26 | 140.59 | 147.21 | 154.12 | 161.35 | 168.89 | 176.78 | 185.02 | 193.63 |
Glass & Ceramics | 91.80 | 95.20 | 98.72 | 102.37 | 106.16 | 110.09 | 114.16 | 118.38 | 122.76 | 127.31 | 132.02 |
Construction Materials | 61.20 | 64.73 | 68.45 | 72.34 | 76.43 | 80.73 | 85.24 | 89.97 | 94.94 | 100.15 | 105.61 |
Chemical Catalysts | 61.20 | 62.20 | 63.18 | 64.15 | 65.11 | 66.05 | 66.97 | 67.87 | 68.75 | 69.59 | 70.41 |
Others | 30.60 | 31.09 | 31.59 | 32.09 | 32.56 | 33.02 | 33.49 | 33.95 | 34.38 | 34.79 | 35.20 |
Subsegment | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
---|---|---|---|---|---|---|---|---|---|---|---|
North America | 183.60 | 190.39 | 197.44 | 204.74 | 212.32 | 220.17 | 228.32 | 236.77 | 245.53 | 254.61 | 264.03 |
Asia Pacific | 214.20 | 223.39 | 232.98 | 242.96 | 253.37 | 264.21 | 275.51 | 287.28 | 299.55 | 312.33 | 325.64 |
Europe | 153 | 158.66 | 164.53 | 170.62 | 176.93 | 183.48 | 190.27 | 197.31 | 204.61 | 212.18 | 220.03 |
Latin America | 30.60 | 31.73 | 32.91 | 34.12 | 35.39 | 36.70 | 38.05 | 39.46 | 40.92 | 42.44 | 44.01 |
Middle East & Africa | 30.60 | 30.47 | 30.27 | 30.04 | 29.72 | 29.35 | 28.92 | 28.41 | 27.82 | 27.15 | 26.40 |
To get full access to our Market Insights, you need a Professional Account or a Business Suite.
You will receive an email from our Business Development Manager. Please be sure to check your SPAM/JUNK folder too.
You will receive an email from our Business Development Manager. Please be sure to check your SPAM/JUNK folder too.
Our customers work more efficiently and benefit from