Global High Purity Manganese Sulphate (HPMSM) Supply, Demand and Key Producers, 2026-2032
Description
The global High Purity Manganese Sulphate (HPMSM) market size is expected to reach $ 1112 million by 2032, rising at a market growth of 16.9% CAGR during the forecast period (2026-2032).
High Purity Manganese Sulphate (HPMSM), also known as Battery-grade manganese sulfate (chemical formula: MnSO₄·H₂O), is a critical cathode precursor material used in the production of lithium-ion batteries, particularly in lithium manganese oxide (LMO), nickel-cobalt-manganese (NCM), and lithium iron phosphate-manganese (LMFP) chemistries. To qualify as “battery-grade,” manganese sulfate must meet stringent purity requirements—typically ≥99.9% purity with extremely low heavy metal and water-soluble impurities. Product types include electrolytic manganese-based and chemical precipitation-based HPMSM. Manganese sulfate is favored for its relatively low cost, stability, and ability to enhance thermal stability and specific energy in battery systems. Its application is rapidly expanding across electric vehicles (EVs), energy storage systems (ESS), and portable electronics.
Currently the High Purity Manganese Sulphate (HPMSM) are mainly produced and consumed in China.
According to the International Energy Agency (IEA) Global EV Outlook 2024, global electric vehicle sales are projected to reach 17.1 million units in 2024, representing a 25% year-over-year growth, driven by policy support, improved battery economics, and consumer adoption. China leads the market with over 10 million units expected to be sold, accounting for nearly 60% of global sales. Europe follows with approximately 3.5 million units, and the United States with about 1.56 million units, respectively making up 20% and 9% of global sales. On the production side, China is the dominant hub due to its vertically integrated battery and EV manufacturing ecosystem. Meanwhile, Europe and North America are accelerating domestic production to reduce reliance on Asian supply chains. Emerging markets such as India, Southeast Asia, and Latin America, while still nascent, are forecasted to grow at >40% CAGR over the next three years. Looking forward, EV growth will be catalyzed by declining battery costs (targeting <$70/kWh by 2026), expansion of fast-charging infrastructure, and regulatory mandates like zero-emission vehicle (ZEV) programs globally.
This report studies the global High Purity Manganese Sulphate (HPMSM) production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for High Purity Manganese Sulphate (HPMSM) and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of High Purity Manganese Sulphate (HPMSM) that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global High Purity Manganese Sulphate (HPMSM) total production and demand, 2021-2032, (Tons)
Global High Purity Manganese Sulphate (HPMSM) total production value, 2021-2032, (USD Million)
Global High Purity Manganese Sulphate (HPMSM) production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (Tons), (based on production site)
Global High Purity Manganese Sulphate (HPMSM) consumption by region & country, CAGR, 2021-2032 & (Tons)
U.S. VS China: High Purity Manganese Sulphate (HPMSM) domestic production, consumption, key domestic manufacturers and share
Global High Purity Manganese Sulphate (HPMSM) production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (Tons)
Global High Purity Manganese Sulphate (HPMSM) production by Type, production, value, CAGR, 2021-2032, (USD Million) & (Tons)
Global High Purity Manganese Sulphate (HPMSM) production by Application, production, value, CAGR, 2021-2032, (USD Million) & (Tons)
This report profiles key players in the global High Purity Manganese Sulphate (HPMSM) market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Guizhou Dalong Huicheng New Material, ISKY Chemicals, Guizhou Redstar Developing, Guizhou Jinrui New Materials, Lantian Chemical, Guangxi Yuding New Materials, Vibrantz Technologies Inc. (Prince), Guizhou Manganese Mineral Group, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World High Purity Manganese Sulphate (HPMSM) market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Tons) and average price (US$/Ton) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global High Purity Manganese Sulphate (HPMSM) Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global High Purity Manganese Sulphate (HPMSM) Market, Segmentation by Type:
Manganese Ore Route
Electrolytic Manganese Route
Resources Recovery Route
Global High Purity Manganese Sulphate (HPMSM) Market, Segmentation by Application:
NCM333
NCM523
NCM622
NCM811
Others
Companies Profiled:
Guizhou Dalong Huicheng New Material
ISKY Chemicals
Guizhou Redstar Developing
Guizhou Jinrui New Materials
Lantian Chemical
Guangxi Yuding New Materials
Vibrantz Technologies Inc. (Prince)
Guizhou Manganese Mineral Group
Key Questions Answered:
1. How big is the global High Purity Manganese Sulphate (HPMSM) market?
2. What is the demand of the global High Purity Manganese Sulphate (HPMSM) market?
3. What is the year over year growth of the global High Purity Manganese Sulphate (HPMSM) market?
4. What is the production and production value of the global High Purity Manganese Sulphate (HPMSM) market?
5. Who are the key producers in the global High Purity Manganese Sulphate (HPMSM) market?
6. What are the growth factors driving the market demand?
High Purity Manganese Sulphate (HPMSM), also known as Battery-grade manganese sulfate (chemical formula: MnSO₄·H₂O), is a critical cathode precursor material used in the production of lithium-ion batteries, particularly in lithium manganese oxide (LMO), nickel-cobalt-manganese (NCM), and lithium iron phosphate-manganese (LMFP) chemistries. To qualify as “battery-grade,” manganese sulfate must meet stringent purity requirements—typically ≥99.9% purity with extremely low heavy metal and water-soluble impurities. Product types include electrolytic manganese-based and chemical precipitation-based HPMSM. Manganese sulfate is favored for its relatively low cost, stability, and ability to enhance thermal stability and specific energy in battery systems. Its application is rapidly expanding across electric vehicles (EVs), energy storage systems (ESS), and portable electronics.
Currently the High Purity Manganese Sulphate (HPMSM) are mainly produced and consumed in China.
According to the International Energy Agency (IEA) Global EV Outlook 2024, global electric vehicle sales are projected to reach 17.1 million units in 2024, representing a 25% year-over-year growth, driven by policy support, improved battery economics, and consumer adoption. China leads the market with over 10 million units expected to be sold, accounting for nearly 60% of global sales. Europe follows with approximately 3.5 million units, and the United States with about 1.56 million units, respectively making up 20% and 9% of global sales. On the production side, China is the dominant hub due to its vertically integrated battery and EV manufacturing ecosystem. Meanwhile, Europe and North America are accelerating domestic production to reduce reliance on Asian supply chains. Emerging markets such as India, Southeast Asia, and Latin America, while still nascent, are forecasted to grow at >40% CAGR over the next three years. Looking forward, EV growth will be catalyzed by declining battery costs (targeting <$70/kWh by 2026), expansion of fast-charging infrastructure, and regulatory mandates like zero-emission vehicle (ZEV) programs globally.
This report studies the global High Purity Manganese Sulphate (HPMSM) production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for High Purity Manganese Sulphate (HPMSM) and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of High Purity Manganese Sulphate (HPMSM) that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global High Purity Manganese Sulphate (HPMSM) total production and demand, 2021-2032, (Tons)
Global High Purity Manganese Sulphate (HPMSM) total production value, 2021-2032, (USD Million)
Global High Purity Manganese Sulphate (HPMSM) production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (Tons), (based on production site)
Global High Purity Manganese Sulphate (HPMSM) consumption by region & country, CAGR, 2021-2032 & (Tons)
U.S. VS China: High Purity Manganese Sulphate (HPMSM) domestic production, consumption, key domestic manufacturers and share
Global High Purity Manganese Sulphate (HPMSM) production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (Tons)
Global High Purity Manganese Sulphate (HPMSM) production by Type, production, value, CAGR, 2021-2032, (USD Million) & (Tons)
Global High Purity Manganese Sulphate (HPMSM) production by Application, production, value, CAGR, 2021-2032, (USD Million) & (Tons)
This report profiles key players in the global High Purity Manganese Sulphate (HPMSM) market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Guizhou Dalong Huicheng New Material, ISKY Chemicals, Guizhou Redstar Developing, Guizhou Jinrui New Materials, Lantian Chemical, Guangxi Yuding New Materials, Vibrantz Technologies Inc. (Prince), Guizhou Manganese Mineral Group, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World High Purity Manganese Sulphate (HPMSM) market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Tons) and average price (US$/Ton) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global High Purity Manganese Sulphate (HPMSM) Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global High Purity Manganese Sulphate (HPMSM) Market, Segmentation by Type:
Manganese Ore Route
Electrolytic Manganese Route
Resources Recovery Route
Global High Purity Manganese Sulphate (HPMSM) Market, Segmentation by Application:
NCM333
NCM523
NCM622
NCM811
Others
Companies Profiled:
Guizhou Dalong Huicheng New Material
ISKY Chemicals
Guizhou Redstar Developing
Guizhou Jinrui New Materials
Lantian Chemical
Guangxi Yuding New Materials
Vibrantz Technologies Inc. (Prince)
Guizhou Manganese Mineral Group
Key Questions Answered:
1. How big is the global High Purity Manganese Sulphate (HPMSM) market?
2. What is the demand of the global High Purity Manganese Sulphate (HPMSM) market?
3. What is the year over year growth of the global High Purity Manganese Sulphate (HPMSM) market?
4. What is the production and production value of the global High Purity Manganese Sulphate (HPMSM) market?
5. Who are the key producers in the global High Purity Manganese Sulphate (HPMSM) market?
6. What are the growth factors driving the market demand?
Table of Contents
97 Pages
- 1 Supply Summary
- 2 Demand Summary
- 3 World Manufacturers Competitive Analysis
- 4 United States VS China VS Rest of the World
- 5 Market Analysis by Type
- 6 Market Analysis by Application
- 7 Company Profiles
- 8 Industry Chain Analysis
- 9 Research Findings and Conclusion
- 10 Appendix
Pricing
Currency Rates
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