전해 이상화망간(EMD) 2023년 시장 규모는 16억 달러로 평가되었고, 2024년 17억 2,000만 달러에서 2032년에는 30억 7,000만 달러로 성장할 것으로 예상되며, 예측 기간(2025-2032년) 동안 7.5%의 연평균 복합 성장률(CAGR)을 보일 전망입니다.
이 시장은 자동차, 전자기기 등의 분야에서 배터리 수요 증가, 특히 징크카본, 알칼리, 리튬이온 등 다양한 유형의 배터리 수요 증가에 힘입어 강력한 성장이 예상됩니다. 중요한 기술 혁신은 망간 61%, 리튬 4%, 산소 35%로 구성된 이산화망간리튬(LMD) 배터리로, 고출력, 안정성, 안전성 등의 이점을 제공하여 전기자동차(EV) 제조업체들이 선호하고 있습니다. 미국 시장은 특히 수처리 시스템에 대한 수요를 증가시키는 엄격한 수처리 규제를 고려할 때, EV 배터리 음극의 전해 이상화망간(EMD)으로부터 큰 혜택을 받을 수 있습니다. 또한, 휴대용 기기의 전력 수요와 정부의 인센티브 및 휘발유 가격 변동에 따른 전기차 및 하이브리드 자동차의 급격한 증가는 시장 확대에 박차를 가할 것으로 예상됩니다.
Electrolytic Manganese Dioxide Market size was valued at USD 1.6 billion in 2023 and is poised to grow from USD 1.72 billion in 2024 to USD 3.07 billion by 2032, growing at a CAGR of 7.5% during the forecast period (2025-2032).
The market is poised for robust growth driven by rising demand for batteries across sectors like automotive and electronics, particularly favoring zinc-carbon, alkaline, and lithium-ion variants. A significant innovation is the Lithiated Manganese Dioxide (LMD) battery, composed of 61% manganese, 4% lithium, and 35% oxygen, offering advantages such as high power output, stability, and safety, making it a preferred choice for electric vehicle (EV) manufacturers. The U.S. market stands to benefit significantly from EMD in EV battery cathodes, especially in light of stringent water treatment regulations that will elevate the demand for water treatment systems. Additionally, the need for power in portable devices and the surge in electric and hybrid vehicles, boosted by government incentives and fluctuating gasoline prices, are expected to spur further market expansion.
Top-down and bottom-up approaches were used to estimate and validate the size of the Electrolytic Manganese Dioxide market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Electrolytic Manganese Dioxide Market Segments Analysis
Global Electrolytic Manganese Dioxide Market is segmented by Type, Grade, Electrolytic Process, Application, End User and region. Based on Type, the market is segmented into Dry Cell Batteries, Lithium-ion, Zinc-Carbon and Alkaline. Based on Grade, the market is segmented into Battery Grade, Chemical Grade and Standard Grade. Based on Electrolytic Process, the market is segmented into Conventional Electrolysis, Modified Electrolysis and Other Electrolytic Processes. Based on Application, the market is segmented into Battery, Water Treatment and Other. Based on End User, the market is segmented into Steel Industry, Glass Industry, Fine Chemical and Electronic Industry. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Driver of the Electrolytic Manganese Dioxide Market
The electrolytic manganese dioxide market is primarily driven by the growing need for diverse battery types, such as lithium-ion, alkaline, and zinc-carbon batteries, spanning multiple sectors including automotive, electronics, and energy storage. These batteries are essential power sources that support various applications, from electric vehicles and portable electronic devices to renewable energy storage solutions. As industries increasingly rely on efficient and reliable energy sources, the demand for electrolytic manganese dioxide continues to rise, positioning it as a vital component in the development and production of advanced battery technologies needed to meet this expanding market requirement.
Restraints in the Electrolytic Manganese Dioxide Market
The Electrolytic Manganese Dioxide market faces significant challenges due to its vulnerability to raw material price fluctuations, especially concerning manganese ore. The volatility in these prices can greatly affect production expenses and the overall profitability of manufacturers in this sector. As a result, such unpredictability creates uncertainties within the market, making it difficult for companies to strategize and plan for the future effectively. This instability can hinder investment decisions and impact the sustainability of operations, ultimately posing a restraint on the growth and development of the Electrolytic Manganese Dioxide market as a whole.
Market Trends of the Electrolytic Manganese Dioxide Market
The Electrolytic Manganese Dioxide (EMD) market is witnessing significant growth, driven by ongoing advancements in battery technology that prioritize higher energy density and prolonged lifespan. As manufacturers aim to enhance battery performance, the demand for high-quality materials like EMD is surging. This trend is catalyzed by the rising adoption of electric vehicles and renewable energy storage solutions, propelling investments in research and development to create innovative EMD formulations. Consequently, market players are increasingly collaborating with technology firms to improve production processes and product quality, thereby reinforcing the market's upward trajectory as the need for efficient energy solutions intensifies globally.