Research report published by Proficient Market Research “Electrolytic Manganese Dioxide Market, By Material (Battery (Alkaline, Zinc, Lithium-ion), and Others (Water Treatment)); Market – Growth, Future Prospects, Post COVID-19 Scenario 2020 – 2028”, states that the global electrolytic manganese dioxide market is expected to grow at a CAGR of 9.9% during the forecast period from 2021 to 2028.
Electrolytic manganese dioxide is the important component of the cathode material in modern alkaline, sodium batteries, and lithium including electrochemical capacitors and hydrogen production. Considering the overall environmental hazards and cost, electrolytic manganese dioxide is likely to persist as an ideal energy material during future period, as it has been in recent decades. Shrinking fossil fuels sources and growing fuel prices around the world have created the critical need to find sustainable energy sources. Electrolytic manganese dioxide is being widely used for lithium manganese primary batteries.
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Various material types of electrolytic manganese dioxide market are battery, and others. Battery material type is further divided in alkaline battery grade, zinc manganese battery grade, lithium-ion batteries. Batteries generally uses electrolytic manganese dioxide (EMD), which has wide application in the primary battery market. Also, electrolytic manganese dioxide (EMD) used in the manufacturing of batteries. Electrolytic manganese dioxide (EMD) is a material which is used in modern alkaline, lithium, and sodium batteries. While considering others application electrolytic manganese dioxide (EMD) is mostly used in water treatment process.
Major Players:
Some of the major key players in the market include Tosoh Corporation, Euro Manganese Inc., American Manganese Inc., Prince International Corporation, Mesa Minerals Limited, Golden Mile GmbH, Citic dameng, Xiangtan Electrochemical Scientific Ltd., Guangxi Jingxi County Yizhou Manganese Industry Co., Ltd., and Borman Specialty Materials among others. Key players from the market are looking forward to implement the strategy of using advance technology and integrating value chains to achieve economies of scale and higher profit margin.
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Recent News and Development:
In March 2021, American Manganese and Italvolt together Sign Memorandum of Understanding for Lithium-ion Battery Recycling Project
In March 2020, Tosoh Corporation acquires naming rights for three-year agreement because of multipurpose cultural venue
Based on material, the electrolytic manganese dioxide market is segmented into the following:
Battery
Alkaline Battery Grade
Zinc Manganese Battery Grade
Lithium-Ion Batteries
Others
In 2020, battery segment led the overall electrolytic manganese dioxide market and this segment is expected to witness considerable growth over the forecast period. High share of the segment is mainly accounted due to high adoption of EMD for rechargeable batteries. Also, the segment is expected to register higher growth during the forecast period from 2021 to 2028.
Find graph provides a comparative analysis of the value contribution for each of the segment for the years 2019 and 2028: https://proficientmarket.com/report/1449/global-electrolytic-manganese-dioxide-market
In 2020, the overall electrolytic manganese dioxide market was led by the North America region in terms of market value. North America region in terms of market value on account of large automobile industry. High demand of EMD for the manufacturing of batteries for automobile sector contributing for the large share of the region.
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