Global Ultra-High Purity Manganese Sulphate Market Growth 2024-2030

Global Ultra-High Purity Manganese Sulphate Market Growth 2024-2030

Ultra-high purity manganese sulfate (UHPMSM) is a key product in the manufacturing process of Ni-Co manganese cathode for electric vehicle batteries. Batteries made from materials such as ultra-pure manganese sulfate have a shorter charge time, more storage capacity, and are healthier and more cost-effective. This report studies the battery grade, Pharma grade, and reagent grade manganese sulfate.

The global Ultra-High Purity Manganese Sulphate market size is projected to grow from US$ 361 million in 2024 to US$ 1019 million in 2030; it is expected to grow at a CAGR of 18.9% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Ultra-High Purity Manganese Sulphate Industry Forecast” looks at past sales and reviews total world Ultra-High Purity Manganese Sulphate sales in 2023, providing a comprehensive analysis by region and market sector of projected Ultra-High Purity Manganese Sulphate sales for 2024 through 2030. With Ultra-High Purity Manganese Sulphate sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Ultra-High Purity Manganese Sulphate industry.

This Insight Report provides a comprehensive analysis of the global Ultra-High Purity Manganese Sulphate landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Ultra-High Purity Manganese Sulphate portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Ultra-High Purity Manganese Sulphate market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Ultra-High Purity Manganese Sulphate and breaks down the forecast by Process Route, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Ultra-High Purity Manganese Sulphate.

Global key producers of high-purity manganese sulfate include Guizhou Dalong Huicheng New Material, ISKY Chemicals, and Guizhou Redstar Developing. The top two producers have a total market share of 55%, with the largest producer being Guizhou Dalong Huicheng New Material with a 35% share. Global origins are mainly in China and Europe, which China is the largest production region with a share of over 95%. In terms of process route, 96% of the market share is from manganese ore. In terms of its applications, NCM523 is its largest segment with 65% market share, followed by NCM622 with 20% share.

This report presents a comprehensive overview, market shares, and growth opportunities of Ultra-High Purity Manganese Sulphate market by product type, application, key manufacturers and key regions and countries.

Segmentation by Process Route:
Process Route: from Manganese Ore
Process Route: from Electrolytic Manganese
Resources Recovery

Segmentation by Application:
NCM333
NCM523
NCM622
NCM811
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Guizhou Dalong Huicheng New Material
ISKY Chemicals
Guizhou Redstar Developing
Guizhou Jinrui New Materials
Lantian Chemical
Guangxi Yuding New Materials
Vibrantz Technologies Inc. (Prince)
Guizhou Manganese Mineral Group

Key Questions Addressed in this Report

What is the 10-year outlook for the global Ultra-High Purity Manganese Sulphate market?

What factors are driving Ultra-High Purity Manganese Sulphate market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Ultra-High Purity Manganese Sulphate market opportunities vary by end market size?

How does Ultra-High Purity Manganese Sulphate break out by Process Route, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.