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Report overview
Asia Pacific Manganese Carbonate market size was valued at USD 128.3 million in 2024 and is projected to reach USD 159.6 million by 2030, at a CAGR of 3.7% during the forecast period 2024-2030.
Manganese carbonate is an inorganic compound used in fertilizers, animal feed additives, and as a precursor in the production of other manganese compounds, valued for its role in plant and animal nutrition.
The Asia Pacific manganese carbonate market is driven by agricultural and industrial applications. China dominates with a 60% market share, followed by India at 15% and Japan at 10%. In 2023, the fertilizer industry consumed 45% of the total production, with animal feed additives at 30%. The market experienced a 6% growth in demand from the ceramics industry for use as a colorant. Key players include Xiangtan Electrochemical Scientific (China) and Erachem Comilog (Belgium), holding a combined 35% market share in the region. The industry faces challenges in raw material sourcing, with 80% of manganese ore imports coming from Africa and Australia. Sustainability initiatives have led to a 12% increase in recycled manganese usage in 2023. R&D investments grew by 9% in 2023, focusing on developing high-purity grades for electronic applications.
Report Includes
This report is an essential reference for who looks for detailed information on Asia Pacific Manganese Carbonate . The report covers data on Asia Pacific markets including historical and future trends for supply, market size, prices, trading, competition and value chain as well as Asia Pacific major vendors¡¯ information. In addition to the data part, the report also provides overview of Manganese Carbonate , including classification, application, manufacturing technology, industry chain analysis and latest market dynamics. Finally, a customization report in order to meet user's requirements is also available.
This report aims to provide a comprehensive presentation of the Asia Pacific Manganese Carbonate , with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Manganese Carbonate . This report contains market size and forecasts of Manganese Carbonate in Asia Pacific, including the following market information:
We surveyed the Manganese Carbonate manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
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The report also provides analysis of leading market participants including:
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