Global Manganese Ore Market Size Was $181 Million in 2023

Manganese ore, in which the manganese content reaches a certain industrial utilization value, refers to ores containing manganese elements. Manganese is an important industrial raw material widely used in industries such as steel, metallurgy, chemical industry, electronics, light industry, and building materials.

Introduction to Subdivision Types

Classification by manganese content

  • Rich manganese ore: With a high manganese content, usually above 20%, it can be directly used for smelting manganese iron.
  • Poor manganese ore: The manganese content is relatively low, usually between 10% and 20%, and can only be utilized after processing.
  • Marginal manganese ore: The manganese content is lower, usually between 5% and 10%, with a lower utilization value, but it can still be utilized in certain special circumstances.

Classification by genesis

  • Sedimentary manganese ore: mainly formed by chemical sedimentation, such as manganese oxides, carbonates, etc. This type of ore is usually layered, clumped, or irregular in shape.
  • Fire-formed manganese ore: mainly formed by volcanic activity, such as manganese silicates. This type of ore is usually in the form of blocks or veins.
  • Metamorphic manganese ore: mainly formed by regional metamorphism, such as manganese schist, phyllite, etc. This type of ore is usually in the form of flakes or strips.

Classification by industrial use

  • Ironmaking manganese ore: mainly used for ironmaking, requiring high manganese content and low impurities.
  • Chemical manganese ore: mainly used to produce chemical products such as manganese salts and manganese dioxide, with relatively lenient requirements for manganese content and impurities.
  • Building materials manganese ore: mainly used for the production of building materials, such as manganese bricks, manganese tiles, etc., with relatively low requirements for manganese content and impurities.

Source: www.globalmarketmonitor.com

Overview of Market Development
The global manganese ore market has been affected by the global economic situation, showing some volatility in recent years, but overall showing a slight growth trend. Data shows that global manganese ore sales volume in 2023 was 32.9k tons, with a market revenue of $181 million, an increase of 4.35% compared to 2022.
In terms of regional distribution, the Asia Pacific region is the largest consumer market. In 2023, the sales volume of manganese ore in the Asia Pacific region was 22.0k tons, accounting for 66.95% of the global total sales volume.
In the coming years, with the recovery of the global economy and the continuous promotion of infrastructure construction, the demand for manganese ore is expected to maintain stable growth. It is expected that global manganese ore sales volume will increase to 38.0k tons by 2026.
Global Manganese Ore Sales Volume Forecast and Proportion by Application  

Global Manganese Ore Sales Volume Forecast and Proportion by Application
Source: www.globalmarketmonitor.com
Analysis of Downstream Application Pattern
From the perspective of downstream application patterns, manganese ore, as an important industrial raw material, is widely used in fields such as steel, alloys, electronics, and the chemical industry. Among them, the alloy field is the largest downstream application market. The data shows that the sales volume of manganese ore in the alloy field in 2023 was 20.2k tons, accounting for 61.49% of the total sales volume.

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