Market Forecast By Regions (North America, Latin America, Europe, Asia Pacific, Middle East & Africa), By Application (Chemical Intermediates, Agrochemicals, Glaze Colorant, Food Supplements, Medical, Others) And Competitive Landscape
Product Code: ETC150025 | Publication Date: Oct 2021 | Updated Date: Mar 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 300 | No. of Figures: 90 | No. of Tables: 30 | |
Report Name | Manganese Carbonate market |
Forecast period | 2025-2031 |
Report Category | Global |
Forecast Size | USD 8 Billion |
CAGR | 8.1% |
Growing Sector | Agriculture |
The Manganese Carbonate market report thoroughly covers the market by application and by regional analysis. The report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Manganese Carbonate Market is projected to reach approximately $ 4 billion by 2031, growing at a compound annual growth rate (CAGR) of around 8.1% from an estimated $ 8 billion in 2025. The agriculture sector holds the highest market share in the region.
The global manganese carbonate market is witnessing steady growth, driven by its widespread applications in agriculture, ceramics, pharmaceuticals, and the chemical industry. Manganese carbonate is primarily used as a micronutrient in fertilizers to prevent manganese deficiency in crops, enhancing yield and quality, particularly in Asia-Pacific and Latin America, where agricultural activities are expanding. In the ceramics industry, it serves as a glaze colorant, imparting unique color properties to pottery and tiles. The pharmaceutical sector also utilizes manganese carbonate as a dietary supplement for treating manganese deficiency in humans. Additionally, it is a crucial precursor in the production of manganese dioxide, which is widely used in batteries and electronics. The market is influenced by increasing demand for high-quality fertilizers, advancements in battery technology, and growing industrial applications.
According to 6Wresearch, the Manganese Carbonate market size is projected to grow at a CAGR of 8.1% during 2025-2031. The global manganese carbonate market is driven by several key factors, primarily its growing demand in the agriculture sector as a micronutrient in fertilizers, where it plays a crucial role in improving soil quality and crop yield, particularly in regions like Asia-Pacific and Latin America, where agricultural activities are expanding rapidly. Additionally, the increasing use of manganese carbonate in the ceramics industry as a glaze colorant and in the pharmaceutical sector for dietary supplements further fuels market growth. The rise in demand for high-purity manganese compounds for battery manufacturing, particularly for lithium-ion and alkaline batteries, is another significant driver, as the global push for electric vehicles (EVs) and renewable energy storage solutions gains momentum. However, the market faces several challenges, including fluctuations in raw material prices, mining regulations, and environmental concerns related to manganese extraction and processing. Strict government regulations regarding mining activities and waste disposal in several regions, particularly in North America and Europe, pose challenges for producers. Additionally, supply chain disruptions and limited high-quality manganese ore reserves can lead to price volatility, affecting production costs.
The global manganese carbonate market is witnessing several emerging trends that are shaping its growth trajectory. One of the most significant trends is the increasing demand for high-purity manganese carbonate in battery production, particularly for lithium-ion and alkaline batteries, driven by the expanding electric vehicle (EV) and renewable energy sectors. With governments worldwide promoting clean energy initiatives, the need for manganese-based battery components is rising, particularly in regions like North America, Europe, and China. In the agriculture industry, there is a growing shift toward bio-based and micronutrient-enriched fertilizers, boosting the demand for manganese carbonate as a critical soil amendment to enhance crop productivity. Another key trend is its expanding application in ceramics and pigments, where manufacturers are using manganese carbonate as an eco-friendly glaze colorant, responding to increasing consumer preference for sustainable and non-toxic materials. Additionally, the pharmaceutical and healthcare industries are recognizing the benefits of manganese carbonate in dietary supplements and medical formulations for treating manganese deficiency.
The global manganese carbonate market presents significant investment opportunities across various industries, driven by rising demand in battery manufacturing, agriculture, ceramics, pharmaceuticals, and specialty chemicals. One of the most promising areas for investment is high-purity manganese carbonate for lithium-ion and alkaline battery production, as the global push for electric vehicles (EVs) and renewable energy storage solutions accelerates. Governments and private investors are increasingly funding battery materials research and production facilities, particularly in North America, Europe, and China, creating opportunities for companies specializing in manganese carbonate refinement and processing. The agriculture sector is another lucrative area, with growing emphasis on micronutrient-enriched fertilizers to improve crop yields and meet the food demands of an expanding global population. Investments in sustainable and bio-based fertilizers incorporating manganese carbonate are expected to rise, especially in Asia-Pacific and Latin America, where agricultural modernization is a priority.
The global manganese carbonate market is highly competitive, with several key players driving innovation, production, and distribution across various industries. Leading companies in this market include American Elements, GFS Chemicals Inc., ISKY Chemical Co. Ltd., and PLATCOMETAL. These firms specialize in the manufacturing and supply of high-purity manganese carbonate for applications in batteries, fertilizers, pharmaceuticals, and ceramics. Sachtleben Chemie GmbH and Micron Metals Inc. are also prominent players focusing on industrial-grade manganese carbonate for use in chemical and pigment formulations. In the Asia-Pacific region, companies such as Yogi Dye Chem Industries and Chemalloy Company LLC are expanding their market presence due to the high demand for manganese-based agrochemicals and specialty chemicals. Additionally, some of these players hold majority of the Manganese Carbonate market share. Moreover, compounds derived from manganese carbonate are increasingly being utilized in lithium-ion battery production, prompting companies to invest in advanced material processing technologies and sustainable extraction methods.
Government regulations play a crucial role in shaping the global manganese carbonate market, particularly in regions with strict environmental and mining policies. In North America and Europe, regulatory bodies such as the Environmental Protection Agency (EPA) and the European Chemicals Agency (ECHA) enforce stringent guidelines on manganese mining, processing, and waste disposal to mitigate environmental impacts and ensure worker safety. The EU’s REACH (Registration, Evaluation, Authorization, and Restriction of Chemicals) regulations require manufacturers to comply with strict chemical safety standards, impacting the supply chain for manganese carbonate in industrial applications. In China, one of the largest producers and consumers of manganese compounds, government policies under the 14th Five-Year Plan promote sustainable mining practices while tightening restrictions on pollution and resource exploitation. Further, these initiatives have further boosted the Manganese Carbonate market revenues. Moreover, the Indian government has also introduced policies encouraging the use of micronutrient-enriched fertilizers, including manganese carbonate, to support sustainable agriculture under the National Mission for Sustainable Agriculture (NMSA).
The future of the global manganese carbonate market looks promising, driven by rising demand across agriculture, battery manufacturing, pharmaceuticals, and specialty chemicals. The increasing adoption of lithium-ion and alkaline batteries for electric vehicles (EVs) and renewable energy storage will significantly boost the need for high-purity manganese carbonate as a precursor for battery materials. Additionally, the agriculture sector will continue to drive market expansion, as governments worldwide promote micronutrient-enriched fertilizers to enhance crop yields and ensure food security. Sustainable mining practices, recycling technologies, and advancements in chemical processing will play a critical role in overcoming challenges related to environmental regulations and raw material availability. The Asia-Pacific region is expected to maintain dominance due to its strong industrial and agricultural base, while North America and Europe will experience growth fueled by technological advancements and increasing regulatory support for green energy initiatives.
The report offers a comprehensive study of the following market segments and their leading categories:
According to Ravi Bhandari, Research Head, 6Wresearch, the North America manganese carbonate market is experiencing steady growth, driven by increasing demand across agriculture, battery technology, pharmaceuticals, and specialty chemicals. The United States and Canada are key contributors, with a rising focus on micronutrient-enriched fertilizers to support sustainable agriculture and enhance crop productivity. Additionally, the booming electric vehicle (EV) market and advancements in renewable energy storage systems are fueling demand for high-purity manganese carbonate as a crucial material in lithium-ion and alkaline batteries. Government incentives and policies promoting green energy and battery manufacturing, such as the Inflation Reduction Act (IRA) in the U.S., are further accelerating growth. The pharmaceutical industry also plays a role, with manganese carbonate used in dietary supplements and medical formulations. However, strict environmental regulations on mining and chemical processing pose challenges, leading to increased investments in sustainable extraction and recycling technologies.
The agrochemicals sector is a major driver of growth in the global manganese carbonate market, as the demand for micronutrient-enriched fertilizers continues to rise to improve crop yields and soil health. Manganese carbonate is widely used in fertilizer formulations to prevent manganese deficiency in crops, which is essential for photosynthesis, enzyme activation, and overall plant development. The increasing emphasis on sustainable agriculture, precision farming, and high-efficiency fertilizers is further fueling market growth, particularly in Asia-Pacific, Latin America, and North America, where large-scale farming operations require advanced soil nutrition solutions. Governments worldwide are also promoting the use of micronutrient-based fertilizers through various subsidy programs and agricultural initiatives, boosting demand for manganese carbonate. Additionally, with climate change impacting soil nutrient levels, the need for effective soil amendments has become more critical, making manganese carbonate an essential component of modern agricultural practices.
The report offers a comprehensive analysis of the following market segments
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Manganese carbonate Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Manganese carbonate Market Revenues & Volume, 2021 & 2031F |
3.3 Global Manganese carbonate Market - Industry Life Cycle |
3.4 Global Manganese carbonate Market - Porter's Five Forces |
3.5 Global Manganese carbonate Market Revenues & Volume Share, By Countries, 2021 & 2031F |
3.6 Global Manganese carbonate Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Global Manganese carbonate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Manganese carbonate Market Trends |
6 Global Manganese carbonate Market, 2021 - 2031 |
6.1 Global Manganese carbonate Market, Revenues & Volume, By Application, 2021 - 2031 |
7 North America Manganese carbonate Market, 2021 - 2031 |
7.1 North America Manganese carbonate Market, Revenues & Volume, By Application, 2021 - 2031 |
8 Latin America Manganese carbonate Market, 2021 - 2031 |
8.1 Latin America Manganese carbonate Market, Revenues & Volume, By Application, 2021 - 2031 |
9 Europe Manganese carbonate Market, 2021 - 2031 |
9.1 Europe Manganese carbonate Market, Revenues & Volume, By Application, 2021 - 2031 |
10 Asia Pacific Manganese carbonate Market, 2021 - 2031 |
10.1 Asia Pacific Manganese carbonate Market, Revenues & Volume, By Application, 2021 - 2031 |
11 Middle East Manganese carbonate Market, 2021 - 2031 |
11.1 Middle East Manganese carbonate Market, Revenues & Volume, By Application, 2021 - 2031 |
12 Africa Manganese carbonate Market, 2021 - 2031 |
12.1 Africa Manganese carbonate Market, Revenues & Volume, By Application, 2021 - 2031 |
13 Global Manganese carbonate Market Key Performance Indicators |
14 Global Manganese carbonate Market - Opportunity Assessment |
14.1 Global Manganese carbonate Market Opportunity Assessment, By Regions, 2021 & 2031F |
14.2 Global Manganese carbonate Market Opportunity Assessment, By Application, 2021 & 2031F |
15 Global Manganese carbonate Market - Competitive Landscape |
15.1 Global Manganese carbonate Market Revenue Share, By Companies, 2024 |
15.2 Global Manganese carbonate Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Company Profiles |
18 Recommendations |
19 Disclaimer |