Global Manganese Market to Reach 39.3 Million Metric Tons by 2030
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Tuesday, March 14, 2023
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In the changed post COVID-19 business landscape, the global market for Manganese estimated at 23.9 Million Metric Tons in the year 2022, is projected to reach a revised size of 39.3 Million Metric Tons by 2030, growing at aCAGR of 6.4% over the period 2022-2030.
Key Points:
- In the changed post COVID-19 business landscape, the global market for Manganese estimated at 23.9 Million Metric Tons in the year 2022, is projected to reach a revised size of 39.3 Million Metric Tons by 2030, growing at aCAGR of 6.4% over the period 2022-2030.
- SiMn, one of the segments analyzed in the report, is projected to record 6.7% CAGR and reach 26.2 Million Metric Tons by the end of the analysis period.
- The U.S. Market is Estimated at 6.5 Million Metric Tons, While China is Forecast to Grow at 10.3% CAGR
The Manganese market in the U.S. is estimated at 6.5 Million Metric Tons in the year 2022. - China, the world`s second largest economy, is forecast to reach a projected market size of 8.8 Million Metric Tons by the year 2030 trailing a CAGR of 10.3% over the analysis period 2022 to 2030.