The global Manganese Mining Market Study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments -By Grade (Chemical Grade, Ferroalloy Grade, Manganiferous Iron Ores), By Application (Alloy, Ore), By End-User (Construction, Energy, Industrial).
The market for manganese mining is witnessing growth driven by the increasing demand for manganese ore in industries such as steel production, battery manufacturing, and fertilizer production. Key trends shaping the future of the industry include innovations in mining technologies, exploration methods, and sustainability initiatives to meet the demands for reliable supply, resource efficiency, and environmental responsibility. Advanced manganese mining techniques offer benefits such as increased extraction efficiency, reduced environmental impact, and improved safety for workers, enabling the sustainable development of manganese resources around the world. Moreover, the integration of advanced analytics, remote sensing, and automation technologies enhances the efficiency and accuracy of exploration, extraction, and processing operations, optimizing resource utilization and minimizing waste. Additionally, the growing emphasis on clean energy, electric mobility, and agricultural productivity drives market demand for manganese mining that supports the production of steel, batteries, and fertilizers essential for infrastructure development, renewable energy storage, and food security. As industries seek to meet growing global demand for essential materials while minimizing environmental footprint, the manganese mining market is poised for continued growth and innovation as a critical component of the global supply chain.
The market report analyses the leading companies in the industry including African Rainbow Minerals Ltd, Anglo American plc, Asia Minerals Ltd, CITIC Ltd, Consolidated Minerals Ltd, Element 25 Ltd, Eramet, Ferroglobe Plc, Giyani Metals Corp, Grupo Buritipar, Guangxi Jinmeng Manganese-Industry Co. Ltd, Hickman Williams and Co., Maithan Alloys Ltd, ManganeseX Energy Corp, Marubeni Tetsugen Co. Ltd, Mesa Minerals Ltd, MOIL Ltd, Nava Ltd, OM Holdings Ltd, Vale SA.
A prominent trend in the manganese mining market is the increasing demand for battery-grade manganese, driven by the rapid expansion of the electric vehicle (EV) and energy storage industries. As the global transition towards clean energy accelerates, there is a rising need for high-purity manganese products to manufacture lithium-ion batteries, which serve as the power source for EVs and renewable energy storage systems. Battery-grade manganese, with its superior electrochemical properties, including high capacity, stability, and cycle life, is essential for producing batteries that meet performance and safety standards. This trend is fueling investments in manganese mining projects focused on extracting and processing high-quality manganese ores suitable for battery applications, shaping the future of the manganese mining industry.
The primary driver behind the growth of the manganese mining market is the global shift towards electrification and sustainable energy initiatives. Governments, industries, and consumers worldwide are increasingly adopting electric vehicles and renewable energy sources to reduce greenhouse gas emissions and combat climate change. Manganese plays a critical role in enabling this transition as a key component of lithium-ion batteries used in EVs, stationary energy storage systems, and grid stabilization applications. Additionally, manganese is essential for steel production, another key sector undergoing transformation towards sustainability through innovations such as electric arc furnaces and advanced steelmaking technologies. As demand for clean energy solutions continues to rise, so does the demand for manganese, driving investments in mining operations and exploration projects worldwide.
An opportunity for market growth within the manganese mining sector lies in the exploration and development of new deposits to meet the increasing demand for battery-grade manganese and other high-purity manganese products. With the depletion of existing reserves and the need for diversified supply sources, there is significant potential for discovering untapped manganese deposits in regions with favorable geological characteristics. Exploration companies and mining firms can leverage advanced exploration techniques, geological modeling, and remote sensing technologies to identify prospective manganese deposits and assess their economic viability. Furthermore, investments in sustainable mining practices, environmental stewardship, and community engagement can help mitigate risks and ensure responsible development of new manganese resources, creating opportunities for sustainable growth and value creation in the manganese mining market.
The largest segment in the Manganese Mining Market is the Ferroalloy Grade segment. This dominance is primarily due to diverse factors. Ferroalloy-grade manganese is a key raw material used in the production of various ferroalloys, including ferromanganese and silicomanganese, which are essential additives in the steelmaking process. These ferroalloys are used to improve the properties of steel, such as strength, hardness, and corrosion resistance, making them indispensable in the manufacturing of steel products for construction, automotive, infrastructure, and machinery industries. Additionally, ferroalloy-grade manganese is characterized by high manganese content and low impurities, ensuring consistent and reliable performance in steel production. In addition, the global steel industry is the largest consumer of manganese ore, accounting for the majority of manganese demand worldwide. As steel production continues to grow in emerging economies and developing countries, particularly in Asia and Africa, the demand for ferroalloy-grade manganese is expected to remain strong. Further, advancements in steelmaking technologies and processes, such as electric arc furnaces and oxygen steelmaking, drive the need for high-quality ferroalloy-grade manganese to meet stringent quality standards and performance requirements in modern steel production. Over the forecast period, the combination of robust demand from the steel industry, essential role in steelmaking, and superior properties positions the Ferroalloy Grade segment as the largest and most significant segment in the Manganese Mining Market.
The fastest-growing segment in the Manganese Mining Market is the Alloy segment. The rapid growth is driven by there is a growing demand for manganese alloys, particularly ferroalloys like ferromanganese and silicomanganese, which are essential additives in the steelmaking process. These manganese alloys play a crucial role in improving the properties of steel, including strength, hardness, and corrosion resistance, making them indispensable in various industries such as construction, automotive, infrastructure, and machinery manufacturing. Additionally, the global steel industry is experiencing steady growth, driven by urbanization, industrialization, and infrastructure development in emerging economies and developing countries. As steel production continues to rise, the demand for manganese alloys is expected to increase correspondingly. In addition, advancements in steelmaking technologies and processes, such as electric arc furnaces and oxygen steelmaking, require higher-quality manganese alloys to meet stringent quality standards and performance requirements in modern steel production. Further, the alloy segment offers opportunities for value addition and higher margins compared to the ore segment, driving investments in manganese alloy production facilities and encouraging mining companies to focus on expanding their alloy production capacity. Over the forecast period, the combination of robust demand from the steel industry, essential role in steelmaking, and opportunities for value addition positions the Alloy segment as the fastest-growing segment in the Manganese Mining Market.
The fastest-growing segment in the Manganese Mining Market is the Industrial segment. The rapid growth is driven by manganese is a critical raw material used in various industrial applications beyond steelmaking. It is utilized in the production of manganese-based chemicals, batteries, ceramics, and fertilizers, among other products. These industrial applications require manganese for its unique properties, including corrosion resistance, hardness, and catalytic activity. Secondly, with the increasing focus on environmental sustainability and energy efficiency, there is a growing demand for manganese in renewable energy technologies, such as batteries for electric vehicles (EVs) and energy storage systems. Manganese is a key component of lithium-ion batteries, where it helps improve battery performance and lifespan. As the adoption of EVs and renewable energy sources continues to expand, the demand for manganese in these applications is expected to surge. Additionally, the construction sector utilizes manganese in various construction materials and infrastructure projects, benefiting from the material's strength and durability. However, the industrial segment encompasses a wider range of applications beyond construction and energy, driving its faster growth rate. Over the forecast period, the combination of increasing demand from diverse industrial sectors, including energy storage, construction, and manufacturing, positions the Industrial segment as the fastest-growing segment in the Manganese Mining Market.
By Grade
Chemical Grade
Ferroalloy Grade
Manganiferous Iron Ores
By Application
Alloy
Ore
By End-User
Construction
Energy
Industrial
Regions Included
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)
African Rainbow Minerals Ltd
Anglo American plc
Asia Minerals Ltd
CITIC Ltd
Consolidated Minerals Ltd
Element 25 Ltd
Eramet
Ferroglobe Plc
Giyani Metals Corp
Grupo Buritipar
Guangxi Jinmeng Manganese-Industry Co. Ltd
Hickman Williams and Co.
Maithan Alloys Ltd
ManganeseX Energy Corp
Marubeni Tetsugen Co. Ltd
Mesa Minerals Ltd
MOIL Ltd
Nava Ltd
OM Holdings Ltd
Vale SA
*- List Not Exhaustive
TABLE OF CONTENTS
1 Introduction to 2024 Manganese Mining Market
1.1 Market Overview
1.2 Quick Facts
1.3 Scope/Objective of the Study
1.4 Market Definition
1.5 Countries and Regions Covered
1.6 Units, Currency, and Conversions
1.7 Industry Value Chain
2 Research Methodology
2.1 Market Size Estimation
2.2 Sources and Research Methodology
2.3 Data Triangulation
2.4 Assumptions and Limitations
3 Executive Summary
3.1 Global Manganese Mining Market Size Outlook, $ Million, 2021 to 2030
3.2 Manganese Mining Market Outlook by Type, $ Million, 2021 to 2030
3.3 Manganese Mining Market Outlook by Product, $ Million, 2021 to 2030
3.4 Manganese Mining Market Outlook by Application, $ Million, 2021 to 2030
3.5 Manganese Mining Market Outlook by Key Countries, $ Million, 2021 to 2030
4 Market Dynamics
4.1 Key Driving Forces of Manganese Mining Industry
4.2 Key Market Trends in Manganese Mining Industry
4.3 Potential Opportunities in Manganese Mining Industry
4.4 Key Challenges in Manganese Mining Industry
5 Market Factor Analysis
5.1 Value Chain Analysis
5.2 Competitive Landscape
5.2.1 Global Manganese Mining Market Share by Company (%), 2023
5.2.2 Product Offerings by Company
5.3 Porter’s Five Forces Analysis
5.4 Pricing Analysis and Outlook
6 Growth Outlook Across Scenarios
6.1 Growth Analysis-Case Scenario Definitions
6.2 Low Growth Scenario Forecasts
6.3 Reference Growth Scenario Forecasts
6.4 High Growth Scenario Forecasts
7 Global Manganese Mining Market Outlook by Segments
7.1 Manganese Mining Market Outlook by Segments, $ Million, 2021- 2030
By Grade
Chemical Grade
Ferroalloy Grade
Manganiferous Iron Ores
By Application
Alloy
Ore
By End-User
Construction
Energy
Industrial
8 North America Manganese Mining Market Analysis and Outlook To 2030
8.1 Introduction to North America Manganese Mining Markets in 2024
8.2 North America Manganese Mining Market Size Outlook by Country, 2021-2030
8.2.1 United States
8.2.2 Canada
8.2.3 Mexico
8.3 North America Manganese Mining Market size Outlook by Segments, 2021-2030
By Grade
Chemical Grade
Ferroalloy Grade
Manganiferous Iron Ores
By Application
Alloy
Ore
By End-User
Construction
Energy
Industrial
9 Europe Manganese Mining Market Analysis and Outlook To 2030
9.1 Introduction to Europe Manganese Mining Markets in 2024
9.2 Europe Manganese Mining Market Size Outlook by Country, 2021-2030
9.2.1 Germany
9.2.2 France
9.2.3 Spain
9.2.4 United Kingdom
9.2.4 Italy
9.2.5 Russia
9.2.6 Norway
9.2.7 Rest of Europe
9.3 Europe Manganese Mining Market Size Outlook by Segments, 2021-2030
By Grade
Chemical Grade
Ferroalloy Grade
Manganiferous Iron Ores
By Application
Alloy
Ore
By End-User
Construction
Energy
Industrial
10 Asia Pacific Manganese Mining Market Analysis and Outlook To 2030
10.1 Introduction to Asia Pacific Manganese Mining Markets in 2024
10.2 Asia Pacific Manganese Mining Market Size Outlook by Country, 2021-2030
10.2.1 China
10.2.2 India
10.2.3 Japan
10.2.4 South Korea
10.2.5 Indonesia
10.2.6 Malaysia
10.2.7 Australia
10.2.8 Rest of Asia Pacific
10.3 Asia Pacific Manganese Mining Market size Outlook by Segments, 2021-2030
By Grade
Chemical Grade
Ferroalloy Grade
Manganiferous Iron Ores
By Application
Alloy
Ore
By End-User
Construction
Energy
Industrial
11 South America Manganese Mining Market Analysis and Outlook To 2030
11.1 Introduction to South America Manganese Mining Markets in 2024
11.2 South America Manganese Mining Market Size Outlook by Country, 2021-2030
11.2.1 Brazil
11.2.2 Argentina
11.2.3 Rest of South America
11.3 South America Manganese Mining Market size Outlook by Segments, 2021-2030
By Grade
Chemical Grade
Ferroalloy Grade
Manganiferous Iron Ores
By Application
Alloy
Ore
By End-User
Construction
Energy
Industrial
12 Middle East and Africa Manganese Mining Market Analysis and Outlook To 2030
12.1 Introduction to Middle East and Africa Manganese Mining Markets in 2024
12.2 Middle East and Africa Manganese Mining Market Size Outlook by Country, 2021-2030
12.2.1 Saudi Arabia
12.2.2 UAE
12.2.3 Oman
12.2.4 Rest of Middle East
12.2.5 Egypt
12.2.6 Nigeria
12.2.7 South Africa
12.2.8 Rest of Africa
12.3 Middle East and Africa Manganese Mining Market size Outlook by Segments, 2021-2030
By Grade
Chemical Grade
Ferroalloy Grade
Manganiferous Iron Ores
By Application
Alloy
Ore
By End-User
Construction
Energy
Industrial
13 Company Profiles
13.1 Company Snapshot
13.2 SWOT Profiles
13.3 Products and Services
13.4 Recent Developments
13.5 Financial Profile
African Rainbow Minerals Ltd
Anglo American plc
Asia Minerals Ltd
CITIC Ltd
Consolidated Minerals Ltd
Element 25 Ltd
Eramet
Ferroglobe Plc
Giyani Metals Corp
Grupo Buritipar
Guangxi Jinmeng Manganese-Industry Co. Ltd
Hickman Williams and Co.
Maithan Alloys Ltd
ManganeseX Energy Corp
Marubeni Tetsugen Co. Ltd
Mesa Minerals Ltd
MOIL Ltd
Nava Ltd
OM Holdings Ltd
Vale SA
14 Appendix
14.1 Customization Offerings
14.2 Subscription Services
14.3 Related Reports
14.4 Publisher Expertise
By Grade
Chemical Grade
Ferroalloy Grade
Manganiferous Iron Ores
By Application
Alloy
Ore
By End-User
Construction
Energy
Industrial
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)
Global Manganese Mining is forecast to reach $28.2 Billion in 2030 from $22.4 Billion in 2024, registering a CAGR of 3.9%
Emerging Markets across Asia Pacific, Europe, and Americas present robust growth prospects.
African Rainbow Minerals Ltd, Anglo American plc, Asia Minerals Ltd, CITIC Ltd, Consolidated Minerals Ltd, Element 25 Ltd, Eramet, Ferroglobe Plc, Giyani Metals Corp, Grupo Buritipar, Guangxi Jinmeng Manganese-Industry Co. Ltd, Hickman Williams and Co., Maithan Alloys Ltd, ManganeseX Energy Corp, Marubeni Tetsugen Co. Ltd, Mesa Minerals Ltd, MOIL Ltd, Nava Ltd, OM Holdings Ltd, Vale SA
Base Year- 2023; Estimated Year- 2024; Historic Period- 2018-2023; Forecast period- 2024 to 2030; Currency: Revenue (USD); Volume