Manganese Alloys Market New Business Opportunities and Investment Research Report


The global manganese alloys market was valued at US$ 19,722.2 Mn in 2018 and is anticipated to expand at a CAGR of 5.9% from 2019 to 2027 according to a new report titled “Manganese Alloys Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027” by Transparency Market Research (TMR) . Growth in automobile and infrastructure industries is encouraging investors to invest in the manufacturing of steel and superalloys. This, in turn, is projected to propel the manganese alloys market.

Planning to lay down strategy for the next few years? Our report can help shape your plan better

Steelmaking Industries Drives Manganese Alloys Market

Expansion of the manganese alloys market is depends on the growth of the steel industry. More than 60% of manganese alloys are employed for steelmaking. After steel, superalloys, and alloys are extensively manufactured from manganese alloys. Growth in the steel manufacturing industry across the globe propels the demand for manganese alloys.

Are you a start-up willing to make it big in the business? Grab an exclusive sample of this report here

Demand for Silicomanganese is Higher than that of Ferromanganese

Manganese ore is less abundant than iron ore. The production cost of ferromanganese is significantly higher than that of silicomanganese. Hence, the demand for silicomanganese is high in countries such as the U.S., China, India, Russia & CIS, and Brazil.

Growth in Infrastructure Industry to Increase Demand for Manganese Alloys

Infrastructure development is pivotal for industrial growth. Large quantity of iron and steel is required for infrastructure development. Demand for steel products is estimated to increase in the next few years due to rise in investments in the infrastructure sector. In terms of consumption, the infrastructure sector accounts for 9% of the global steel industry. Market share of the sector is expected to increase to 11% by 2026.

Regulatory Framework and Environmental Regulations

Several governments have imposed stringent mining regulations on the extraction of manganese to curb environmental pollution caused due to the harmful effects of manganese mining. This is likely to hamper the production cost of manganese alloys. The U.S. Environmental Protection Agency has promulgated the Iron and Steel (I&S) Effluent Guidelines and Standards (40 CFR Part 420) in 1974, and amended the regulation in 1976, 1982, 1984, 2002, and 2005. The regulation covers regulatory norms engaged in iron or steel manufacturing, forming, finishing, and coke manufacturing.

China to Dominate Manganese Alloys Market in Asia Pacific

In terms of value, Asia Pacific dominated manganese alloys market in 2018. Rise in investments in infrastructure and automobile sectors in Asia Pacific drives the manganese alloys in the region. In terms of automobile unit production, the automotive industry in China is one of the largest in the world. The industrial sector accounts for around 27.6% of India’s GDP.

Get a PDF Brochure Detailing about the current size & value of the market with all other necessary information

Highly Competitive Market

The global manganese alloys market is highly competitive. Key players operating in the global manganese alloy market include ERAMET S.A., South32, Ferroglobe, ArcelorMittal, Jindal Stainless Ltd, Sakura Ferroalloys SDN BHD, Pertama Ferroalloys Sdn. Bhd., Mortex Group, Georgian American Alloys, Nikopol Ferroalloy Plant, and Maithan Alloys Ltd.

About Us

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

Mr. Rohit Bhisey
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY – 12207
United States
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Research Blog:

Dailybn- Owned by | Wahad Butt From Pakistan. Email : Hey We are outreach Blogger we will promote your website by premium guest posting service to grow your authority , Why We Are Different? Our blog posting administrations We offer the most serious estimating in the business that isn't just moderate yet additionally powerful.

Recent posts

Popular categories