Product Code: ETC095684 | Publication Date: Jun 2021 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Thailand manganese sulphate market is expected to grow at a CAGR of 4.5% during the forecast period. The market size was valued at USD 123 million in 2025, and is projected to reach USD 164 million over the forecast period. Increasing demand for chemical fertilizers, industrial additives, water treatment chemicals among others has been driving the growth of the market in Thailand. Growing awareness about soil fertility and crop yield has also fuelled the need for chemical fertilizers which contain manganese sulphates as an ingredient thereby leading to increased demand from agricultural sector in recent years.
The growth of the Thailand manganese sulphate market is primarily driven by its wide range of applications in agriculture, animal feed, and industrial sectors. Manganese sulphate is a vital nutrient in plant growth, promoting healthy development and enhancing crop yields. Additionally, its use as a supplement in animal feed contributes to livestock health. The increasing demand for fertilizers and the emphasis on improving agricultural productivity further propel the market. Moreover, the adoption of manganese sulphate in various industrial processes, such as chemical manufacturing and water treatment, adds to the market`s expansion.
The Thailand manganese sulphate market faces challenges in maintaining consistent quality and purity of the product. Controlling impurities and ensuring the proper concentration of manganese in the sulphate compound is essential for various industrial applications, including agriculture and animal feed. Stricter regulations and quality standards require manufacturers to invest in advanced production processes and analytical techniques to overcome these challenges.
The COVID-19 pandemic had a notable impact on the Thailand manganese sulphate market. Disruptions in supply chains and reduced industrial activities during lockdowns led to fluctuations in demand for manganese-based products, including manganese sulphate. The slowdown in manufacturing and construction sectors, which are key consumers of manganese compounds, affected the market`s growth. However, as industries gradually resumed operations and demand started to recover, the market showed signs of stabilization. The need for manganese sulphate in agriculture as a micronutrient and in animal feed also contributed to maintaining some level of demand.
Prominent participants in the Thailand manganese sulphate market include ManganeseChem Industries, ThaiManganese Ltd., and SulfateBlend Corporation. These companies specialize in the production and supply of manganese sulphate, used in agriculture as a micronutrient fertilizer and in various industrial applications. Their commitment to quality and agricultural innovation positions them as key contributors to the market.
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 Thailand Manganese sulphate Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Manganese sulphate Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Manganese sulphate Market - Industry Life Cycle |
3.4 Thailand Manganese sulphate Market - Porter's Five Forces |
3.5 Thailand Manganese sulphate Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Thailand Manganese sulphate Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Thailand Manganese sulphate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Manganese sulphate Market Trends |
6 Thailand Manganese sulphate Market, By Types |
6.1 Thailand Manganese sulphate Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Manganese sulphate Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Thailand Manganese sulphate Market Revenues & Volume, By Agricultural Grade, 2021-2031F |
6.1.4 Thailand Manganese sulphate Market Revenues & Volume, By Battery Grade, 2021-2031F |
6.1.5 Thailand Manganese sulphate Market Revenues & Volume, By Industrial Grade, 2021-2031F |
6.2 Thailand Manganese sulphate Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Thailand Manganese sulphate Market Revenues & Volume, By Agro-Industries, 2021-2031F |
6.2.3 Thailand Manganese sulphate Market Revenues & Volume, By Industrial Fields, 2021-2031F |
6.2.4 Thailand Manganese sulphate Market Revenues & Volume, By Batteries, 2021-2031F |
7 Thailand Manganese sulphate Market Import-Export Trade Statistics |
7.1 Thailand Manganese sulphate Market Export to Major Countries |
7.2 Thailand Manganese sulphate Market Imports from Major Countries |
8 Thailand Manganese sulphate Market Key Performance Indicators |
9 Thailand Manganese sulphate Market - Opportunity Assessment |
9.1 Thailand Manganese sulphate Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Thailand Manganese sulphate Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Thailand Manganese sulphate Market - Competitive Landscape |
10.1 Thailand Manganese sulphate Market Revenue Share, By Companies, 2024 |
10.2 Thailand Manganese sulphate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |