| Product Code: ETC278244 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India`s manganese bronze import shipments in 2024 saw a notable shift in the concentration of top exporting countries, with China, USA, Metropolitan France, UK, and Austria leading the pack. The market showed a decrease in the Herfindahl-Hirschman Index (HHI) from high to moderate concentration, indicating a more diversified import market. The impressive compound annual growth rate (CAGR) of 31.76% from 2020 to 2024 and a solid growth rate of 15.25% from 2023 to 2024 highlight the sector`s resilience and potential for continued expansion.

The India manganese bronze market is witnessing steady growth due to the increasing demand for high-strength and corrosion-resistant materials in industries such as marine, aerospace, and power transmission. Manganese bronze alloys offer excellent mechanical properties and are used for manufacturing components in marine and heavy machinery applications. The market`s growth is driven by factors such as the rise of the marine and power sectors, the demand for durable and reliable materials, and the growth of infrastructure projects. Key players in the market include Harkesh Rubber LLP, Mahavir Metal Corporation, Vishal Steel India, and Keshariya Metal Pvt. Ltd. These companies are leading manufacturers and suppliers of manganese bronze products, providing high-quality solutions for diverse industrial applications in India.
The India manganese bronze market is influenced by several drivers. Firstly, manganese bronze is widely used in the production of engineering components, such as gears, bearings, and bushings, due to its high strength and wear resistance properties. The growth of the manufacturing and engineering industries in India drives the demand for manganese bronze. Secondly, the use of manganese bronze in marine applications and seawater environments contributes to the market`s expansion. Additionally, the preference for high-performance materials in various industrial applications creates opportunities for manganese bronze adoption in India.
The Manganese Bronze market in India faces challenges due to its limited applications compared to other bronze alloys, leading to constrained demand.
The India Manganese Bronze market faced a downturn during the Covid-19 pandemic, primarily due to restrictions on manufacturing and construction activities. The decline in demand from various end-use industries, including marine and architectural applications, impacted the market`s growth. However, as the pandemic`s effects eased and construction and industrial activities resumed, the market showed signs of revival.
The India manganese bronze market is influenced by key players in the non-ferrous metals and copper alloy industry. Some notable companies in this sector include Hindustan Zinc Limited, KALPATARU METAL & ALLOYS, B.S.BRONZE, and YAMUNA CABLE ACCESSORIES PVT LTD. These companies manufacture manganese bronze alloys known for their high strength, wear resistance, and corrosion resistance. Their focus on alloy production, material properties, and quality control has positioned them as leading suppliers in the manganese bronze market in India.
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 India Manganese Bronze Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Manganese Bronze Market Revenues & Volume, 2021 & 2031F |
3.3 India Manganese Bronze Market - Industry Life Cycle |
3.4 India Manganese Bronze Market - Porter's Five Forces |
3.5 India Manganese Bronze Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Manganese Bronze Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Manganese Bronze Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in automotive and infrastructure sectors driving demand for manganese bronze products in India |
4.2.2 Increasing adoption of manganese bronze alloys in manufacturing industries for their superior mechanical properties |
4.2.3 Rising focus on renewable energy projects leading to higher demand for manganese bronze components |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices impacting the production cost of manganese bronze products |
4.3.2 Intense competition from alternative materials such as aluminum and brass affecting market growth |
4.3.3 Economic uncertainties and fluctuations in demand affecting the overall market stability |
5 India Manganese Bronze Market Trends |
6 India Manganese Bronze Market, By Types |
6.1 India Manganese Bronze Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Manganese Bronze Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Manganese Bronze Market Revenues & Volume, By QMn1.5 (Cu-1.5Mn), 2021-2031F |
6.1.4 India Manganese Bronze Market Revenues & Volume, By QMn5 (Cu-5Mn), 2021-2031F |
6.2 India Manganese Bronze Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Manganese Bronze Market Revenues & Volume, By Marine Industry, 2021-2031F |
6.2.3 India Manganese Bronze Market Revenues & Volume, By Space Industry, 2021-2031F |
6.2.4 India Manganese Bronze Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.5 India Manganese Bronze Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.6 India Manganese Bronze Market Revenues & Volume, By Other, 2021-2031F |
7 India Manganese Bronze Market Import-Export Trade Statistics |
7.1 India Manganese Bronze Market Export to Major Countries |
7.2 India Manganese Bronze Market Imports from Major Countries |
8 India Manganese Bronze Market Key Performance Indicators |
8.1 Average selling price of manganese bronze products |
8.2 Percentage of market share among key players in the industry |
8.3 Number of new product developments and innovations in the manganese bronze market |
8.4 Percentage growth in demand from key end-user industries |
8.5 Customer satisfaction levels and feedback on manganese bronze products |
9 India Manganese Bronze Market - Opportunity Assessment |
9.1 India Manganese Bronze Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Manganese Bronze Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Manganese Bronze Market - Competitive Landscape |
10.1 India Manganese Bronze Market Revenue Share, By Companies, 2024 |
10.2 India Manganese Bronze Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |