LONDON--(BUSINESS WIRE)--Dec 1, 2020--

The global manganese mining market size is expected to grow by 5385.13 K tons during 2020-2024, progressing at a CAGR of almost 5% during the forecast period.

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Technavio has announced its latest market research report titled Global Manganese Mining Market 2020-2024 (Graphic: Business Wire)

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The advances in manganese battery technology is one of the major factors propelling market growth.

The rapid technological advances in battery technology make manganese vital as it is used to produce batteries for use in electric vehicles and other renewable energy applications such as electricity grid storage. Moreover, manganese is highly preferred in the lithium-ion battery supply chain, which is spurring the adoption of electric vehicles that run on batteries. Furthermore, the demand for manganese batteries is high in various industries as it operates at higher temperatures and is less expensive than other battery technologies. Additionally, manganese is a safe and more environmentally benign cathode, which is abundantly available. Therefore, the advances in manganese battery technology will significantly influence the manganese mining market growth during the forecast period.

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Global Manganese Mining Market: Application Landscape

Manganese is highly preferred in the manufacturing of various types of alloys to improve their physical and mechanical properties. Moreover, a significant part of manganese ore is converted into manganese alloy which is widely used in steel production as a deoxidizing and desulfurizing agent. These factors are expected to fuel the growth of the manganese mining market in the alloys segment However, market growth in the alloys segment will be slower than the growth of the market in the others’ segment.

Global Manganese Mining Market: Geographic Landscape

APAC had the largest manganese mining market share in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. Increasing automotive production will be one of the significant factors contributing to the manganese mining market growth in this region. 77% of the market’s growth will originate from APAC during the forecast period. China, Japan, and India are the key markets for manganese mining in APAC. Market growth in this region will be faster than the growth of the market in other regions.

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Companies Covered

• African Rainbow Minerals Ltd.
• Anglo American Plc
• Assmang Proprietary Ltd.
• Compania Minera Autlan SAB De CV
• Consolidated Minerals Ltd.
• Eramet SA
• Gulf Manganese Corp. Ltd.
• Manganese X Energy Corp.
• South32 Ltd.
• Vale SA 

What our reports offer:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers market data for 2019, 2020, till 2024
• Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

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Manganese Mining Market 2020-2024: Key Highlights

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will assist in manganese mining market growth during the next five years
• Estimation of the manganese mining market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the manganese mining market
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of the manganese mining market, vendors

Table of Contents:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

• 2.1 Preface
• 2.2 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

• Market ecosystem
• Market characteristics
• Value chain analysis
• Market segmentation analysis

PART 04: MARKET SIZING

• Market definition
• Market sizing 2019
• Market outlook
• Market size and forecast 2019-2024

PART 05: FIVE FORCES ANALYSIS

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

PART 06: MARKET SEGMENTATION BY APPLICATION

• Market segmentation by application
• Comparison by application
• Alloys - Market size and forecast 2019-2024
• Others - Market size and forecast 2019-2024
• Market opportunity by application

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

• Geographic segmentation
• Geographic comparison
• APAC - Market size and forecast 2019-2024
• Europe - Market size and forecast 2019-2024
• North America - Market size and forecast 2019-2024
• MEA - Market size and forecast 2019-2024
• South America - Market size and forecast 2019-2024
• Key leading countries
• Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

• Market drivers
• Market challenges

PART 11: MARKET TRENDS

• Increasing adoption of stainless steel
• Adoption of sustainable and non-combustible energy sources
• Excess steel production capacity

PART 12: VENDOR LANDSCAPE

• Overview
• Landscape disruption
• Competitive scenario

PART 13: VENDOR ANALYSIS

• Vendors covered
• Vendor classification
• Market positioning of vendors
• African Rainbow Minerals Ltd.
• Anglo American Plc
• Assmang Proprietary Ltd.
• Compania Minera Autlan SAB De CV
• Consolidated Minerals Ltd.
• Eramet SA
• Gulf Manganese Corp. Ltd.
• Manganese X Energy Corp.
• South32 Ltd.
• Vale SA

PART 14: APPENDIX

• Research methodology
• List of abbreviations
• Definition of market positioning of vendors

PART 15: EXPLORE TECHNAVIO

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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KEYWORD:

INDUSTRY KEYWORD: MINING/MINERALS NATURAL RESOURCES

SOURCE: Technavio Research

Copyright Business Wire 2020.

PUB: 12/01/2020 09:05 PM/DISC: 12/01/2020 09:05 PM

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