Global Market Size, Forecast, and Trend Highlights Over 2025-2037
Ultra-high-purity Manganese Sulphate Market size was USD 506.87 million in 2024 and is estimated to reach USD 8.84 billion by the end of 2037, expanding at a CAGR of 24.6% during the forecast period, i.e., 2025-2037. In 2025, the industry size of ultra-high-purity manganese sulphate is assessed at USD 631.56 million.
Ultra-high-purity manganese sulphate market growth is driven by the rising requirement of high-performance batteries, especially in the electric vehicle (EV) industry, where ultra-high purity manganese sulphate is required for longer battery lifespan and increased efficiency. High-performance batteries are becoming more and more necessary as a result of the shift to sustainable and renewable energy sources and the increased demand for electric vehicles. An essential part of lithium-ion batteries' cathode material, Ultra-high-purity manganese sulphate is vital for enhancing battery performance, energy density, and lifespan. The need for these high-purity materials is expected to increase as nations around the world enact stronger environmental laws and encourage electric vehicles, which will fuel the ultra-high-purity manganese sulphate market's further expansion.
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Thorough purification procedures are used to eliminate impurities and generate ultra-high purity manganese sulphate, which yields a product with exceptional quality and performance attributes. Ultra-high purity manganese sulphate production, distribution, and consumption are all included in the market, as are the variables affecting supply, demand, cost, and regulations. The pharmaceutical industry uses ultra-high purity manganese sulphate for medical formulations, the battery manufacturing industry uses it for energy storage applications, and agriculture uses it as a fertilizer and nutrient supplement.
Ultra-high-purity Manganese Sulphate Market: Growth Drivers and Challenges
Growth Drivers
- Growing demand from the agriculture sector: An essential component of the agriculture sector is agricultural-grade manganese sulphate. By improving soil fertility and encouraging robust plant growth, this grade of manganese sulphate is especially designed to satisfy the nutritional requirements of crops. The use of agricultural Grade Manganese Sulphate is becoming more and more significant as worldwide agriculture methods change to satisfy the needs of an expanding population. It is especially prized for its capacity to restore manganese deficiency in soil, which can result in higher crop quality and yields. The significance of this compound in contemporary farming techniques is further highlighted by the increased emphasis on sustainable agriculture and the requirement for effective nutrient management.
- Expansion of the energy storage solution: To battle climate change, the world is moving more and more toward renewable energy sources, which has increased demand for scalable and effective energy storage systems. In this shift, Ultra-high-purity manganese sulphate, a vital ingredient in the manufacturing of lithium-ion batteries, plays a crucial role and presents significant growth prospects. Because renewable energy sources like solar and wind power are intermittent, energy storage technologies are essential. With the use of these devices, extra energy produced during periods of high production can be stored for use during times of low generation. Lithium-ion batteries are leading the way in this technology because of their high energy density, extended lifespan, and dependability.
Challenges
- Regulatory compliance: Globally, regulatory agencies have imposed stringent restrictions on the release of industrial waste, the release of volatile organic compounds (VOCs), and the exposure of employees to potentially hazardous materials. These rules raise the operating costs for producers of Ultra-high-purity manganese sulphate by requiring large investments in waste management, emission control systems, and worker safety measures. Manufacturers are compelled by this scenario to use more environmentally friendly and sustainable production techniques, which may come with extra expenses and technological difficulties.
- Environmental concerns: The strict environmental laws and health risks related to manganese mining and sulphate manufacturing are major barriers to the Ultra-high-purity manganese sulphate industry. Manganese sulphate production requires the extraction and processing of manganese, which poses several health and environmental hazards, such as soil erosion, water pollution, and air quality problems. Strict rules controlling the mining and chemical industries have been put in place as a result of these worries to reduce their negative effects on the environment and safeguard the health of their employees.
Ultra-high-purity Manganese Sulphate Market: Key Insights
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Base Year |
2024 |
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Forecast Year |
2025-2037 |
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CAGR |
24.6% |
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Base Year Market Size (2024) |
USD 506.87 million |
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Forecast Year Market Size (2037) |
USD 8.84 billion |
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Regional Scope |
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Ultra-high-purity Manganese Sulphate Segmentation
Grade (Battery Grade, Industrial Grade)
The battery grade segment is projected to gain a 72.3% ultra-high-purity manganese sulphate market share through 2037. The increasing need for lithium-ion batteries in electric vehicles (EVs) and other electronic equipment is the main cause of this significant market presence. Manganese sulphate is important for creating cathode materials in battery grade that provide better performance and efficiency in lithium-ion batteries. The demand for EVs has been greatly boosted by the drive towards electrification and sustainable energy solutions, which has in turn raised the need for premium battery components.
Additionally, industrial-grade manganese sulphate with extremely high purity has an important place in the market. Even though its market share is lower than that of battery grade, its uses in industrial chemical processes, animal feed, water treatment, and agriculture are still essential.
The nutritional advantages of industrial grade manganese sulphate in feedstock and its function as a micronutrient in fertilizers, which improves crop yield and quality, make it useful. Manganese sulphate's versatility and significance in industrial applications are further highlighted by its use in water treatment and other chemical processes.
Application (Batteries, Food, Chemical, and Pharmaceutical)
The batteries segment is poised to grow at a significant ultra-high-purity manganese sulphate market share by 2037. The growing need for lithium-ion batteries in the electric vehicle (EV) industry and other portable electronics is the main factor driving this dominance. An essential part of the cathode material of lithium-ion batteries, ultra-high purity manganese sulphate enhances the batteries' performance, longevity, and efficiency. The need for high-quality battery components has been greatly increased by the worldwide drive towards electrification and the consumer electronics market's explosive growth, positioning the batteries segment at the top of the market.
In the ultra-high-purity manganese sulphate market, the food segment is also quite important. Manganese sulphate is a micronutrient that is necessary for animal feed and fertilizers, improving nutritional value and encouraging healthy growth. Its application in the food business highlights the value of manganese in fortification procedures and dietary supplements, appealing to consumers who are health-conscious and industries that prioritize nutritional enrichment.
Ultra-high purity manganese sulphate is used in a variety of chemical reactions and processes in the chemical industry. Its versatility and usefulness in a wide range of industrial and environmental applications are highlighted by its use in water treatment applications and the synthesis of other compounds. Despite having a lesser market share, this segment makes a substantial contribution to environmental management and industrial operations.
The pharmaceutical sector is another important industry since it focuses on using manganese sulphate of extremely high purity in pharmaceutical products. The medicinal qualities of manganese sulphate make it useful in pharmaceuticals, including supplements and treatments that call for trace minerals. The continuous research and development initiatives to investigate novel medical uses of manganese sulphate demonstrate the significance of this area.
Our in-depth analysis of the global ultra-high-purity manganese sulphate market includes the following segments:
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Grade |
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Application |
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Customize this ReportUltra-high-purity Manganese Sulphate Industry - Regional Synopsis
North America Market Statistics
North America is expected to lead the Ultra-high-purity manganese sulphate market with a share of 39.5% during the forecast period. The market is being driven by the growing electric vehicle (EV) industry and the growing demand for high-performance electronics, which highlights the need for sophisticated material solutions like Ultra-high-purity manganese sulphate. A vital part of the cathode material of lithium-ion batteries, Ultra-high-purity manganese sulphate is necessary to increase battery longevity and performance. Manufacturers have a great chance to increase their output of high-purity manganese sulphate and meet the growing demand for sophisticated battery materials due to the expanding electric car market.
The U.S. leads from the forefront due to its growing need for battery components with high efficiency. When purity requirements, sustainability measures, and freight are taken into consideration, the true price of battery-grade manganese sulphate in Europe is approximately USD 2,400/t, according to the U.S.-based commodities research firm CPM Group. By 2035, the price should have doubled to about USD 5,000/t, according to CPM Group. The original equipment makers are now increasingly concerned about manganese.
On the other side, in Canada, ultra-high purity manganese sulphate is seeing an increase in investment as a result of growing awareness. Understanding the advantages of such cutting-edge solutions, such as better battery quality, affordability, and a smaller environmental impact, helps to encourage their adoption. 90% of 2020 manganese production was utilized by the steel sector, with the remaining 10% going toward electrolytic manganese metal (EMM), electrolytic manganese dioxide (EMD), and manganese compounds, especially manganese sulphate. A substance called manganese sulphate is utilized in both manganese lithium-ion batteries and fertilizers. Manganese sulphate used in fertilizers is more hazardous, whereas manganese sulphate used in batteries is more pure, with constraints on battery active impurities.
Asia Pacific Market Analysis
The Asia Pacific ultra-high-purity manganese sulphate market is undergoing significant transformation, influenced by an improving battery life and efficiency. The growing automotive and electronics industries, especially the growing popularity of electric cars. The expansion of the market is greatly aided by China, which is the biggest producer and user of manganese sulphate. The need for high-purity manganese sulphate in this area is further supported by government attempts to encourage electric mobility and lower carbon emissions.
In China, it is projected that the ultra-high-purity manganese sulphate market would grow quickly due to stringent environmental regulations. The area is expected to be the largest market for the advanced material due to the growing demand from the chemical and agriculture industries. E Source estimates that 90% of the world's refining capacity is in China, which gives it a monopoly on processed high-purity or electrolytic manganese. The price of high-purity manganese sulphate in China has been stable in recent months, ranging from USD 800 per tonne to USD 900/t. The manganese prices have not played a significant role in the total cost of batteries. Manganese's significance in battery cathodes and the necessity for refining capacity outside of China have been underestimated by the industry due to its low pricing.
In India, high-purity chemicals for pesticides and fertilizers are becoming more and more necessary in the agriculture sector. Manganese sulphate of extremely high purity is an important component of agrochemicals since it improves crop quality and productivity. As the global population continues to rise, the desire for higher agricultural output becomes urgent. This element is anticipated to generate a sizable demand for high-purity manganese sulphate in the agrochemical sector, offering producers prospects for expansion in this market niche.
Companies Dominating the Ultra-high-purity Manganese Sulphate Market
- Euro Manganese Inc.
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Manganese X Energy Corp
- Keras Resources PLC
- Element 25 Ltd
- Mesa Minerals Limited
- Pure Minerals Ltd
- Guangxi Yuanchen Manganese Industry
- Changsha Haolin Chemicals Co., Ltd
- Fujian Liancheng Manganese Co.,Ltd
- Hunan Yueyang Sanxiang Chemical
- ISKY Chemicals Co. Ltd
- Yantai Cash Industrial Co., Ltd
- Ningxia Tianyuan Manganese Industry Group Co., Ltd
- GEM Co., Ltd
To keep a competitive advantage in the industry, top companies in the ultra-high-purity manganese sulphate market are actively involved in research & development to create and launch new products. The majority of the major firms are developing new production facilities both domestically and abroad to strategically increase their geographic footprint. To attain sustainable growth in the market for ultra-high purity manganese sulphate, long-term strategies include investment, production, expansion, distribution agreements, partnerships, new establishments, mergers, and acquisitions.
In the News
- In June 2023, Element 25 and General Motors LLC will increase the domestic production of manganese sulfate in the U.S. EV supply chain. The manganese sulfate needed to expand EV capacity in North America beyond one million units per year will be supplied to GM by Element 25. Element 25 intends to construct the first manganese sulfate plant in the U.S., processing manganese that is extracted from Australian mines.
Author Credits: Rajrani Baghel
- Report ID: 7658
- Published Date: May 12, 2025
- Report Format: PDF, PPT
