Manganese Carbonate Market : Shares and Strategies For Key Industry Players By 2023
Manganese carbonate is a water-insoluble source of manganese that can be converted into other manganese compounds such as manganese oxide by calcination. Manganese carbonate occurs naturally as mineral rhodochrosite. It is available in variety of colors such as pink, red, grey, yellow, and brown. In terms of demand, agrochemicals accounts for major share of the global manganese carbonate market. Additionally, manganese carbonate can be used in other value-added applications such as glaze colorants. It can also be employed as a chemical intermediate for synthesis of other chemical compounds. Furthermore, manganese carbonate can be used as a hematinic in the medical industry and as supplement in the food industry.
Manganese carbonate ore deposits are commonly found in South Africa, China, Gabon, Ghana, and Brazil. Obtained through underground excavation, these deposits are subjected to the beneficiation technology in order to remove undesirable impurities. The Xialei manganese mine at Daxin, Guangxi, China; and Nsuta manganese mine, Tarkwa, Western Region, Ghana are two of the largest deposits of manganese carbonate ore in the world. The Nsuta manganese mine is owned and operated by Ghana Manganese Company Ltd. (GMC). Majority of manganese carbonate ore from the Nsuta manganese mine is exported to Ukraine, China, and Norway. CITIC Dameng Holdings Limited, an investment holding company, owns and operates the Xialei manganese mine.
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This study analyzes, estimates, and forecasts the global manganese carbonate market in terms of volume (Tons) and revenue (US$ Thousand) from 2014 to 2023. Market numbers given in the report describe the global demand for manganese carbonate, but not the production or supply. The manganese carbonate report also analyzes several driving and restraining factors and their impact on the market during the forecast period.
The report provides detailed analysis of the manganese carbonate market by key applications. It segments the market into the following key applications: agrochemicals, glaze colorant, chemical intermediates, and others (food supplement, medical, etc.). The report also segments the market based on major geographies into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. It further provides volume and revenue for each application segment for each region. This includes 12 unique country-specific analysis.
Based on the application, the report analyzes the attractiveness of each segment with the help of an attractiveness tool. The study includes value chain analysis, which provides a better understanding of key players in the supply chain from raw material manufacturers to end-users. Additionally, the study analyzes market competition through Porter’s Five Forces analysis.
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Key market participants profiled in the study include All-Chemie, Ltd, Airedale Chemical Company Limited, American Elements, Alfa Aesar, Akshar Chemicals, Sunrise Enterprise, Chemalloy, GFS Chemicals, Inc., Mil-Spec Industries Corporation, and Zncus Chemical Co., Ltd. Profiles of key participants comprise important parameters such as company overview, financial overview, business strategy, and recent developments.
Primary research represents the majority of our research efforts, supplemented by an extensive secondary research. We reviewed key players’ product literature, annual reports, press releases, and relevant documents for competitive analysis and market understanding. Secondary research also includes a search of technical writing, recent trade, internet sources, and statistical data from government websites, trade associations, and agencies. This has proven to be the most reliable, effective, and fruitful approach for procuring precise market data, recognizing business opportunities, and capturing industry participants’ insights.