Product Code: ETC202596 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
The India manganese nitrate market import shipment demonstrated robust growth with a significant CAGR from 2020 to 2024. However, there was a notable decline in the growth rate between 2023 and 2024. Overall, the market expanded steadily but showed signs of slowing down towards the end of the period.
Manganese Nitrate is a white and odorless salt, which has the molecular formula Mn(NO3)2. It can be used in various industries due to its unique properties like high solubility, low hygroscopicity, stability over wide range of temperatures and pH values. Manganese nitrate finds use as an oxidizer for various fuels, synthesis of dyes & pigments and manganese compounds as well as production of fertilizers.
The growth of manganese nitrate market is mainly attributed to rising demand from fertilizer industry coupled with increasing agricultural sector across the globe. Moreover growing awareness about environment friendly products among end users has also been supporting the market growth during forecast period. Additionally growing industrialization along with technological advancement are some other factors that are expected to fuel market expansion over forecast period 2025-2031.
High cost associated with production process and availability of substitute products have been restraining the market growth during foreseeable future. In addition stringent regulations imposed by government agencies on manganese nitrate usage may pose challenge for manufacturers in coming years. Additionally implementation of trade tariffs on import export activities may further hamper overall product demand during near term scenario.
Some key players operating in global Manganese Nitrate Market include Merck KGaA (Germany), GFS Chemicals Inc.( US ) , Honeywell International Inc.( US ), The Dow Chemical Company (US) , Sigma Aldrich Corporation Ltd (India), Accent Micro Technologies Pvt Ltd.( India ) , Solaris Group (Italy) etc
The covid 19 pandemic had led to disruption in supply chain activities leading to rise in prices across all markets including this one. This caused temporary slowdown or stagnation in many sectors resulting into decrease or halt in demand for such materials causing fewer orders than usual. However, these effects were negated once lockdowns were lifted , causing prices go back up again. Hence no significant long terms impacts could be seen owing to Covid 19 pandemic.
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 Nitrate Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Manganese Nitrate Market Revenues & Volume, 2021 & 2031F |
3.3 India Manganese Nitrate Market - Industry Life Cycle |
3.4 India Manganese Nitrate Market - Porter's Five Forces |
3.5 India Manganese Nitrate Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Manganese Nitrate Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Manganese Nitrate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the agriculture sector leading to increased demand for fertilizers containing manganese nitrate |
4.2.2 Growing awareness about the benefits of manganese nitrate in improving crop yield |
4.2.3 Expansion of industries such as pharmaceuticals and chemicals using manganese nitrate in their processes |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting production costs |
4.3.2 Stringent regulations regarding the usage and disposal of manganese nitrate |
4.3.3 Competition from substitute products affecting market penetration |
5 India Manganese Nitrate Market Trends |
6 India Manganese Nitrate Market, By Types |
6.1 India Manganese Nitrate Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Manganese Nitrate Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Manganese Nitrate Market Revenues & Volume, By Solid, 2021-2031F |
6.1.4 India Manganese Nitrate Market Revenues & Volume, By Solution, 2021-2031F |
6.2 India Manganese Nitrate Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Manganese Nitrate Market Revenues & Volume, By Manganese Dioxide, 2021-2031F |
6.2.3 India Manganese Nitrate Market Revenues & Volume, By Oxidant, 2021-2031F |
6.2.4 India Manganese Nitrate Market Revenues & Volume, By Electronic Component, 2021-2031F |
6.2.5 India Manganese Nitrate Market Revenues & Volume, By Others, 2021-2031F |
7 India Manganese Nitrate Market Import-Export Trade Statistics |
7.1 India Manganese Nitrate Market Export to Major Countries |
7.2 India Manganese Nitrate Market Imports from Major Countries |
8 India Manganese Nitrate Market Key Performance Indicators |
8.1 Percentage of agricultural land using manganese nitrate-based fertilizers |
8.2 Number of research studies highlighting the benefits of manganese nitrate in crop production |
8.3 Adoption rate of manganese nitrate in pharmaceutical and chemical industries |
9 India Manganese Nitrate Market - Opportunity Assessment |
9.1 India Manganese Nitrate Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Manganese Nitrate Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Manganese Nitrate Market - Competitive Landscape |
10.1 India Manganese Nitrate Market Revenue Share, By Companies, 2024 |
10.2 India Manganese Nitrate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |