Global Manganese Sulphate market is expected to reach 435 million USD by the end of 2025

Global Manganese Sulphate market is expected to reach 435 million USD by the end of 2025 QYRESEARCH FOCUS ON MARKET SURVEY AND RESEARCH

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The global Manganese Sulphate developed maturely and now the market concentration is relatively low and intensely competitive.

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The top players are mainly located in US, Mexico, China, India and South America, like Prince (acquired ERACHEM Comilog), CITIC Dameng Mining Industries, Lantian Chemical, Qingyunshang Mn Industry, Guizhou Dalong Huicheng New Material, Guangxi Yuanchen Manganese Industry, Rech Chemical, Haolin Chemical, Guangxi Detian Chemical Cycle, Guizhou Redstar Developing and Fujian Liancheng Manganese.

China is the largest producer and dominating the global Manganese Sulphate due to the widespread distribution of manganese ore.

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QYResearch The global Manganese Sulphate market is valued at 248 million USD in 2017 and is expected to reach 435 million USD by the end of 2025, growing at a CAGR of 6.7% between 2018 and 2025; while the global Manganese Sulphate Production was 511,000 tons in 2017 and it will be 828,000 tons in 2025.

Currently the Manganese Sulphate is mainly used in agricultural fields especially in feed and fertilizer fields. The battery grade Manganese Sulphate is used in cathode materials of lithium batteries, driven by the fast-growing electric vehicle in the world, especially in China and Europe.

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In 2018, some players have planned to expand the capacity of Manganese Sulphate in next few years, like Guizhou Redstar Developing and CITIC Dameng Mining Industries. And some potential competitors are also planning to enter the Manganese Sulphate market, like Xiangtan Electrochemical Scientific (a leading producer of electrolytic manganese dioxide), Guangxi Jingxi County Yizhou Manganese Industry and Ningxia Tianyuan Manganese Industry etc.

In future, the Manganese Sulphate market will be more competitive, especially in the battery grade Manganese Sulphate market.

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