Electrolytic Manganese Dioxide Market Competitive Dynamics & Global Outlook to 2023

The global electrolytic manganese dioxide market is projected to grow at a significant level during the forecast period, on account of increasing demand for battery from India, China and Vietnam. Electrolytic manganese dioxide is utilized in electrodes for alkaline, lithium ion and zinc carbon batteries. 

The domestic production of electrolytic manganese dioxide is driven by favorable legislative norms and technological innovations. Increasing dependence on domestic production is expected to reduce reliance on imported minerals. 

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Alkaline batteries have the highest market penetration globally, on account of their long-lasting performance; increasing consumption in U.S., U.K. and Switzerland; and growing applications in electronic products such as remote controls, clocks and radios.
Based on application, battery was the largest segment in the global electrolytic manganese dioxide market  , in terms of volume, in 2015, on account of rapidly growing demand for batteries in the electric vehicles industry in North America. Additionally, the rising demand for batteries in emerging countries such as China and India is expected to further spur the growth of global electrolytic manganese dioxide market, over the forecast period.

Geographically, North America has been the largest electrolytic manganese dioxide market, in terms of value, followed by Asia-Pacific. The major factors driving the growth of the North American market are the growing primary and secondary battery demand, particularly for electric vehicles in the region. 

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The global market for electrolytic manganese dioxide is highly fragmented in nature, with companies like Xiangtan Electrochemical Scientific Ltd., ERACHEM Comilog, Tosoh Corporation, Delta EMD Ltd. and Cegasa, Tronox Ltd. operating in the same.

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Created on Jan 28th 2019 03:24. Viewed 223 times.

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