Manganese: A Global Strategic Business Report
San Jose, California (PRWEB) May 23, 2014
Follow us on LinkedIn - Manganese is the 12th most abundant element found in the earth's crust, and also the 2nd most abundant heavy metal in the world. Demand for manganese is heavily tied to the steel industry and consumption patterns therefore suffered during the 2007-2009 period, owing to the world economic recession that stifled demand for steel in industries such as automotive, construction and heavy machinery. The market nevertheless made a recovery supported by the relatively stable demand for manganese in batteries. Growing demand for automobiles in developing countries will continue to benefit the market in the coming years.
Recent innovations in the green energy sector are boosting demand for electrolytic manganese metal (EMM) and electrolytic manganese dioxide (EMD). EMM, a highly purified form of manganese, is being increasingly used for fabricating cathodes, while EMD, a more refined variety of EMM is being used to produce anodes of the lithium-ion batteries that power electric vehicles. Use of EMD in high-performance alkaline and lithium-ion batteries is projected to grow considerably over the coming years, primarily driven by spiraling sales of portable communication devices and computer equipment.
As stated by the new market research report on Manganese, Asia-Pacific represents the largest as well as the fastest growing market worldwide. Growth in the region will be led by countries such as China, India, and Taiwan where steel consumption is spiraling owing to expansion in the industrial sector. Additionally, optimistic outlook for automobile production in Asia is further expected to lend traction to market growth. Demand for manganese in developed regions is expected to recover albeit at a slower rate given the signs of economic recovery in Japan and Europe. Traditional manganese manufacturing regions such as China, South Africa and Australia are expected to record increased production of manganese ore, electrolytic manganese metal (EMM), and ferroalloys, as new projects come onboard to address the growing demand for metal.
Major players covered in the report include Assmang Ltd., Anglo American Plc, BHP Billiton, Carus Corporation, Compania Minera Autlan, S.A.B. De C.V., Eramet SA, Manganese Metal Company, MOIL Limited, Nippon Denko Company Ltd., and Vale, among others.
The research report titled “Manganese: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, issues, drivers, mergers, acquisitions and other strategic industry activities of major companies. The report provides market estimates and projections in Thousand Metric Tons for all major geographic markets including the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific (China, India and Rest of Asia-Pacific), Latin America (Brazil, Mexico, and Rest of Latin America), and Rest of World. The global and regional markets for Manganese are analyzed by the product segments, including Alloys (Ferro Manganese Alloy, Silico Manganese Alloy, Refined Ferro Manganese Alloy, Manganese Metal Alloy and Other Alloys), and Compounds (Oxides, Sulphates, and Chlorides). The report also analyzes the global market for Manganese by the following end use segments: Steel, Batteries and Others.
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About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes 1500+ full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.
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