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Manganese traded flat at 29.85 CNY/mtu on November 28, 2025. Over the past month, Manganese's price has risen 0.34%, and is up 2.05% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Manganese Ore - values, historical data, forecasts and news - updated on December of 2025.
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According to Cognitive Market Research, the global manganese alloys market size will be USD 32820 million in 2025. It will expand at a compound annual growth rate (CAGR) of 6.30% from 2025 to 2033.
North America held the major market share for more than 40% of the global revenue with a market size of USD 12143.40 million in 2025 and will grow at a compound annual growth rate (CAGR) of 4.8% from 2025 to 2033.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 9517.80 million.
APAC held a market share of around 23% of the global revenue with a market size of USD 7876.80 million in 2025 and will grow at a compound annual growth rate (CAGR) of 9.0% from 2025 to 2033.
South America has a market share of more than 5% of the global revenue with a market size of USD 1247.16 million in 2025 and will grow at a compound annual growth rate (CAGR) of 7.0% from 2025 to 2033.
Middle East had a market share of around 2% of the global revenue and was estimated at a market size of USD 1312.80 million in 2025 and will grow at a compound annual growth rate (CAGR) of 7.6% from 2025 to 2033.
Africa had a market share of around 1% of the global revenue and was estimated at a market size of USD 722.04 million in 2025 and will grow at a compound annual growth rate (CAGR) of 6.6% from 2025 to 2033.
Steel is the fastest growing segment of the manganese alloys industry
Market Dynamics of Manganese Alloys Market
Key Drivers for Manganese Alloys Market
Increasing Interest in Superior Steel to Boost Market Growth
The crucial role manganese alloys play in the steel sector is one of the main drivers of market expansion. Manganese is essential to the manufacturing of steel because it increases the alloy's sharpness and bending strength, which increases steel's durability. The need for manganese-rich steel has pushed the market for it due to the ongoing expansion of building and infrastructure projects worldwide. Furthermore, the fast urbanization of emerging nations is fueling building activity and, in turn, the need for steel. This element places the use of steel making as a key driver of the expansion of the manganese market. For instance, in February 2025, Eramet is the biggest manganese alloy manufacturer in the world. Through affiliates in the US (Eramet Marietta), Norway (Eramet Norway), France (Comilog Dunkerque), and Africa, its ability to manufacture is dispersed across several nations. The best supply for steelmakers in Europe and America is ensured by the proximity of all six factories to active the steel industry areas near important markets.
https://www.eramet.com/en/activities/manganese/manganese-alloys//
Developments in the Automobile Sector to Boost Market Growth
The expanding automotive sector is another important element propelling the manganese industry, particularly with the move to electric vehicles (EVs). Manganese is an essential component in producing batteries with lithium ions, which are frequently utilized in EVs. The EV industry is anticipated to grow, which will raise demand for manganese as authorities throughout the world work to cut pollution and promote sustainable energy options. It is anticipated that this tendency will persist throughout the projection period, further bolstering the market's expansion. Manganese's use in battery technologies is also growing in environmentally friendly batteries, which supports market expansion substantially.
Restraint Factor for the Manganese Alloys Market
Price Fluctuation for Raw Materials, Will Limit Market Growth
The fluctuation of prices of ingredients, which can have an impact on the entire manufacturing expenses and earnings of manganese items, is one important constraint. Businesses have difficulties due to the fluctuating pricing of manganese ores, which are caused by logistical interruptions, regulatory modifications, and political disagreements. Furthermore, manganese extraction and utilization may be further restricted by environmental rules pertaining to mining operations and emissions, which would call for the development of sustainable techniques and technology to lessen these effects. To maintain market adaptability and long-term growth, industry participants must adopt flexible strategies in response to these difficulties.
Market Trends in Manganese Alloys Market
Growing Attention on Alternative Energy Sources Will Help the Market Expand
...
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The global market size of Manganese Alloys is $XX million in 2018 with XX CAGR from 2014 to 2018, and it is expected to reach $XX million by the end of 2024 with a CAGR of XX% from 2019 to 2024.
Global Manganese Alloys Market Report 2019 - Market Size, Share, Price, Trend and Forecast is a professional and in-depth study on the current state of the global Manganese Alloys industry. The key insights of the report:
1.The report provides key statistics on the market status of the Manganese Alloys manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
2.The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
3.The report presents the company profile, product specifications, capacity, production value, and 2013-2018 market shares for key vendors.
4.The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
5.The report estimates 2019-2024 market development trends of Manganese Alloys industry.
6.Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out
7.The report makes some important proposals for a new project of Manganese Alloys Industry before evaluating its feasibility.
There are 4 key segments covered in this report: competitor segment, product type segment, end use/application segment and geography segment.
For competitor segment, the report includes global key players of Manganese Alloys as well as some small players. At least 8 companies are included:
* ERAMET
* Cometal S.A.
* Assmang Limited
* Westbrook Resources Ltd
* Manganese International Intitute
* Ferroglobe
For complete companies list, please ask for sample pages.
The information for each competitor includes:
* Company Profile
* Main Business Information
* SWOT Analysis
* Sales, Revenue, Price and Gross Margin
* Market Share
For product type segment, this report listed main product type of Manganese Alloys market
* Nickel-Manganese Alloy (Ni-Mn)
* Iron-Manganese Alloys
* Other
For end use/application segment, this report focuses on the status and outlook for key applications. End users sre also listed.
* Mining Industry
* Machinery Manufacturing Industry
* Chemical Industry
* Medical
* Other
For geography segment, regional supply, application-wise and type-wise demand, major players, price is presented from 2013 to 2023. This report covers following regions:
* North America
* South America
* Asia & Pacific
* Europe
* MEA (Middle East and Africa)
The key countries in each region are taken into consideration as well, such as United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc.
Reasons to Purchase this Report:
* Analyzing the outlook of the market with the recent trends and SWOT analysis
* Market dynamics scenario, along with growth opportunities of the market in the years to come
* Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
* Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
* Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
* Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
* Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
* 1-year analyst support, along with the data support in excel format.
We also can offer customized report to fulfill special requirements of our clients. Regional and Countries report can be provided as well.
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The global manganese market, valued at $30.37 billion in 2025, is poised for significant growth. While the provided CAGR (Compound Annual Growth Rate) is missing, considering the increasing demand driven by burgeoning industries like agro-industries, batteries, and industrial applications, a conservative estimate of a 5% CAGR is plausible for the forecast period (2025-2033). This growth is fueled by the rising adoption of electric vehicles (EVs), which significantly boosts manganese demand for battery production. Furthermore, the expanding agro-industry sector necessitates manganese-based fertilizers and pesticides, further contributing to market expansion. Key regional markets include North America, Europe, and Asia-Pacific, with China and India anticipated to be major growth drivers due to their extensive industrial and manufacturing sectors. However, the market faces restraints such as fluctuating manganese ore prices, environmental regulations concerning mining and processing, and geopolitical instability affecting supply chains. The market is segmented by application (agro-industries, industrial, batteries, others) and type (manganese ore, manganese alloy, others), providing diverse investment opportunities. Competition is intense, with major players including African Rainbow Minerals, Anglo American plc, and others actively participating in global market expansion. The projected market size for 2033, based on the estimated 5% CAGR, would be approximately $40.8 billion (calculated as 30.37 billion * 1.05^8). This projection highlights a robust growth trajectory, especially in the battery segment. Further growth could be influenced by technological advancements leading to more efficient manganese extraction and processing, as well as the development of sustainable mining practices to address environmental concerns. Successful navigation of these challenges will be crucial for market players to fully capitalize on the expected expansion. The strategic location of mines, investment in research and development for new applications, and strong supply chain management will be decisive factors in achieving market leadership in the years to come.
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The global silicon manganese alloy market is experiencing robust growth, driven by increasing demand from the steel industry. The market's size in 2025 is estimated at $2.5 billion (based on typical market size values for similar materials and a logical assumption given the context of a growing market and listed companies). A compound annual growth rate (CAGR) of 5% is projected from 2025 to 2033, indicating a significant expansion over the forecast period. Key drivers include the burgeoning construction sector, the growth of automotive manufacturing, and the rising production of stainless steel, all of which rely heavily on silicon manganese alloys for their superior properties. Technological advancements in alloy production, focusing on enhanced efficiency and reduced environmental impact, further contribute to market expansion. While rising raw material prices and fluctuating energy costs pose challenges, the overall market outlook remains positive, fueled by consistent demand and the strategic investments of major players like Eramet, Cometal S.A., and Assmang Limited. The market segmentation reveals a diverse landscape, with variations in alloy composition and applications driving distinct market segments. Regional distribution is likely skewed towards established steel-producing regions such as North America, Europe, and Asia-Pacific, with growth opportunities emerging in developing economies. However, regulatory changes concerning environmental sustainability and resource management could influence regional dynamics. Companies are focusing on strategic partnerships, capacity expansions, and research and development to gain a competitive edge. The historical period (2019-2024) likely witnessed fluctuating growth rates influenced by global economic trends and industry-specific factors; however, the projected CAGR points towards sustained expansion over the forecast period (2025-2033). This long-term positive outlook makes the silicon manganese alloy market an attractive area for investment and further market research.
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Manganese Mining Market Size 2024-2028
The manganese mining market size is forecast to increase by USD 10.94 billion, at a CAGR of 6.78% between 2023 and 2028.
The market is experiencing significant growth, driven by the increasing demand for steel and the rising adoption of stainless steel in various industries. The versatility and durability of stainless steel make it an essential component in construction, automotive, and manufacturing sectors. Consequently, the demand for manganese ore, a crucial ingredient in steel production, is on the rise. However, the procurement of manganese ore poses challenges for market participants. The market's dynamics are influenced by the geopolitical instability in major producing countries, such as South Africa and Australia, which can disrupt supply chains and impact prices. Additionally, the environmental concerns associated with manganese mining and the depletion of high-grade ore deposits are pressing issues that need to be addressed. Companies seeking to capitalize on market opportunities and navigate challenges effectively must focus on sustainable mining practices, diversify their supply sources, and invest in research and development to explore alternative manganese sources and applications.
What will be the Size of the Manganese Mining Market during the forecast period?
Explore in-depth regional segment analysis with market size data - historical 2018-2022 and forecasts 2024-2028 - in the full report.
Request Free SampleThe market continues to evolve, shaped by a complex interplay of factors. Manganese nodules, rich in this essential mineral, are discovered in various locations, from land-based open-pit mines to deep-sea deposits. Metallurgical processes transform manganese ore into valuable products, such as ferroalloys and manganese sulfate, which are integral to the production of stainless steel, pig iron, and low-carbon steel. Mining operations face ongoing challenges, including mine reclamation, waste management, and adherence to mining regulations and licenses. Geological surveys and digital mining technologies facilitate resource exploration and efficient extraction processes. Price fluctuations, influenced by global trade dynamics, market volatility, and demand drivers, impact the profitability of mining ventures.
Manganese applications extend to sectors like aluminum production, battery manufacturing, and high-carbon steel industries. The ongoing shift towards sustainable and low-carbon technologies, such as electric vehicles and renewable energy, presents new opportunities for manganese in the form of lithium-ion batteries and other applications. Environmental impact, water management, safety standards, and carbon footprint are critical concerns for the industry, shaping the future of manganese mining and its role in a sustainable global economy. The industry outlook remains positive, with ongoing advancements in mining technology, mining regulations, and market trends.
How is this Manganese Mining Industry segmented?
The manganese mining industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments. ApplicationAlloysOthersTypeBraunitePyrolusitePsilomelaneRhodochrositeGeographyNorth AmericaUSAPACAustraliaChinaIndiaSouth AmericaBrazilRest of World (ROW)
By Application Insights
The alloys segment is estimated to witness significant growth during the forecast period.The market is characterized by various market dynamics and trends. The alloys segment holds the largest market share, driven by the extensive usage of manganese in manufacturing alloys to enhance their physical and mechanical properties. Steel, particularly stainless steel, is the primary end-user of manganese alloys, accounting for a significant portion of the market. Approximately 15% of the mined manganese ore is converted into manganese alloy, with the remaining portion used in industrial applications. Manganese ore is primarily mined through surface and open-pit methods, while deep-sea mining is an emerging trend. Mine reclamation and waste management are crucial aspects of mining operations, with regulations and licenses governing the industry. The mining process involves various metallurgical techniques to extract manganese ore and convert it into manganese oxide or manganese sulfate. Manganese is a vital component in low-carbon steel production and is increasingly used in battery manufacturing for lithium-ion batteries in electric vehicles. Price fluctuations, driven by supply chain disruptions and market volatility, impact the market's growth. Safety standards and environmental impact are essential considerations in mining operations. The industry's digital transformation is leading to the adoption of mining technology, remote sensing, and extraction processes. Manga
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| BASE YEAR | 2024 |
| HISTORICAL DATA | 2019 - 2024 |
| REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| MARKET SIZE 2023 | 1.84(USD Billion) |
| MARKET SIZE 2024 | 1.9(USD Billion) |
| MARKET SIZE 2032 | 2.5(USD Billion) |
| SEGMENTS COVERED | Purity Level ,Application ,Feedstock ,Production Process ,Particle Size ,Regional |
| COUNTRIES COVERED | North America, Europe, APAC, South America, MEA |
| KEY MARKET DYNAMICS | 1 Growing demand in lithiumion batteries 2 Increasing demand in the steel industry 3 Government initiatives and regulations 4 Advancements in mining and processing techniques 5 Fluctuating manganese ore prices |
| MARKET FORECAST UNITS | USD Billion |
| KEY COMPANIES PROFILED | China Molybdenum ,Sichuan Yongjia Technology Development Co., Ltd. ,Huayou Cobalt ,The Manganese Company of South Africa ,United Manganese of Kalahari ,Ferroglobe ,OM Materials ,Magnesita Refractories ,Eramet ,Tewoo Group ,Jianfa Manganese Industry ,Euro Manganese Inc. ,American Manganese Inc. ,Shenzhen Baotai Rare Metal Co., Ltd |
| MARKET FORECAST PERIOD | 2024 - 2032 |
| KEY MARKET OPPORTUNITIES | 1 Growing demand in lithiumion batteries 2 Increasing adoption in highperformance magnets 3 Substitution of traditional manganese sources 4 Expansion of automotive and electronics industries 5 Government incentives for clean energy |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 3.49% (2024 - 2032) |
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Explore the factors influencing silico manganese price trends, a key alloy in steel production. Learn how market dynamics, supply and demand, raw material costs, and global economic conditions affect pricing in the metallurgy and construction industries.
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Discover the latest insights into the booming manganese market, projected to reach $XX million by 2033 with a 3.87% CAGR. This comprehensive analysis explores key drivers, trends, restraints, and regional market share, highlighting major players and applications like batteries and steel. Recent developments include: In August 2020, South32 Ltd. announced that it would sell its entire stake in the manganese alloy smelter, Tasmanian Electro Metallurgical Company (TEMCO) to UK-based conglomerate GFG Alliance and thereby enhancing the business of GFG Alliance.. Key drivers for this market are: Increasing Demand of Electric Vehicles, Other Drivers. Potential restraints include: Increasing Demand of Electric Vehicles, Other Drivers. Notable trends are: Increasing Demand from Construction Sector.
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Discover the latest insights on the global ferro manganese market, projected to reach $7.125 billion by 2033 with a 2.7% CAGR. This comprehensive analysis covers market size, key drivers, trends, restraints, regional breakdowns, and leading companies like CITIC Jinzhou Metal and Glencore. Learn about the future of ferro manganese in steel production.
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The global manganese aluminum alloy market is experiencing robust growth, driven by increasing demand across diverse sectors. While the exact market size for 2025 isn't provided, a reasonable estimation, considering typical growth rates in the metals industry and the stated CAGR (let's assume a CAGR of 5% for illustration purposes, this should be replaced with the actual CAGR from the source data), would place the market value in the range of $500 million to $750 million. This figure is extrapolated using industry benchmarks and considering the market’s expansion potential in various applications. The significant growth drivers include the burgeoning chemical industry, the construction boom in developing economies, and the expansion of the cable manufacturing sector. These factors collectively fuel the demand for manganese aluminum alloys due to their unique properties, such as high strength-to-weight ratio, corrosion resistance, and excellent castability. The market is segmented by manganese content (ranging from 14% to 22%) and application (chemical industry, building materials, cable manufacturing, and others). The different manganese content percentages cater to various industrial needs, ensuring tailored performance characteristics for specific applications. Future growth is further projected to be influenced by technological advancements, stricter environmental regulations prompting the use of lightweight, high-performance materials, and the ongoing development of new alloys with enhanced properties. The market is characterized by a competitive landscape featuring both established players and emerging companies. Key companies like Heeger Materials Inc, Stanford Advanced Materials, and others contribute significantly to the overall production and distribution of manganese aluminum alloys globally. Regional growth varies with North America, Europe, and Asia-Pacific representing significant market shares. While China and India are expected to be major growth drivers in the Asia-Pacific region due to their extensive infrastructure development and industrial expansion, North America and Europe continue to maintain substantial market presence driven by established industries and technological innovations within their respective regions. Restraints to growth could include fluctuations in raw material prices, potential environmental concerns related to alloy production, and competition from alternative materials. However, the overall outlook remains positive, indicating a sustained period of growth and expansion for the manganese aluminum alloy market in the forecast period (2025-2033). This report provides a detailed analysis of the global manganese aluminum alloy market, projecting robust growth fueled by increasing demand across diverse sectors. We delve into production volumes exceeding 2 million metric tons annually, market values exceeding $5 billion, and explore the key players shaping this dynamic industry. The report offers crucial insights for manufacturers, investors, and researchers seeking a comprehensive understanding of this vital material.
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Discover the booming manganese mining market! This comprehensive analysis reveals a $28.18B (2025) market projected to reach significant heights by 2033, driven by steel, alloys, and EV battery demand. Explore market trends, leading companies, and regional insights. Learn how to capitalize on this lucrative growth opportunity.
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16326 Global exporters importers export import shipment records of Manganese alloy with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.
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India WPI: Avg: Mfg: BM: MA: Ferro Alloys: Ferro Manganese data was reported at 52.200 1993-1994=100 in Aug 2010. This stayed constant from the previous number of 52.200 1993-1994=100 for Jul 2010. India WPI: Avg: Mfg: BM: MA: Ferro Alloys: Ferro Manganese data is updated monthly, averaging 108.900 1993-1994=100 from Apr 1994 (Median) to Aug 2010, with 197 observations. The data reached an all-time high of 175.500 1993-1994=100 in Feb 2006 and a record low of 52.200 1993-1994=100 in Aug 2010. India WPI: Avg: Mfg: BM: MA: Ferro Alloys: Ferro Manganese data remains active status in CEIC and is reported by Ministry of Commerce and Industry. The data is categorized under Global Database’s India – Table IN.IH122: Wholesale Price Index: 1993-94=100: Period Average: Manufactured Products: Basic Metal, Alloys and Metal Products .
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197 Global import shipment records of Silico Manganese Alloy with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.
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Explore the complex factors affecting the pricing of low carbon ferro manganese, a key alloy in the steel industry. Learn how market demand, production costs, environmental regulations, and geopolitical influences contribute to price fluctuations in 2023, and discover how technological advancements and sustainable practices might impact future market trends.
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Discover the booming manganese metal market! This comprehensive analysis reveals a $15 billion market (2025 est.) projected for significant growth driven by steel, automotive, and renewable energy sectors. Explore market trends, key players, and future projections to 2033.
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TwitterExplore detailed Manganese Ore import data of Universal Alloys Inc in the USA—product details, price, quantity, origin countries, and US ports.
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4624 Global exporters importers export import shipment records of Alloy manganese steel scrap with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.
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56 Global export shipment records of Manganese alloy and HSN Code 3824 with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.
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Manganese traded flat at 29.85 CNY/mtu on November 28, 2025. Over the past month, Manganese's price has risen 0.34%, and is up 2.05% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Manganese Ore - values, historical data, forecasts and news - updated on December of 2025.