Global Electrolytic Manganese Dioxide Market 2018-2022
About Electrolytic Manganese Dioxide
Electrolytic manganese dioxide is a high purity material used in the manufacturing of cathodes for lithium-ion (Li-ion), alkaline, and sodium batteries. Electrolytic manganese dioxide is also used in hydrogen production and electrochemical capacitors.
Technavio’s analysts forecast the global electrolytic manganese dioxide market to grow at a CAGR of 6.34 % during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global electrolytic manganese dioxide market for 2018-2022. To calculate the market size, the report considers the revenue generated from the electrolytic manganese dioxide.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Electrolytic Manganese Dioxide Market 2018-2022
Technavio recognizes the following companies as the key players in the global electrolytic manganese dioxide market: CITIC Dameng, Eveready Industries India, PRINCE, Tosoh, and Tronox.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is rise in technology in solar and wind-power systems. The adoption of solar and wind-power systems across the world is creating demand for high electric storage capacity batteries. This is creating opportunities for battery manufacturers. The increasing demand for batteries in the solar and wind-power systems is creating demand for electrolytic manganese dioxide market.”
According to the report, one of the major drivers for this market is Rise in demand for batteries. The global battery market currently is driven by the shift from nickel-based fuel cells to electrolytic manganese dioxide based fuel cells. Electrolytic manganese dioxide based batteries such as alkaline, Liion, and zinc-carbon provide higher energy efficiency and are cost-effective. The high demand for electrolytic manganese dioxide based Li-ion fuel cells is the major factor contributing to the growth of the batteries market, thereby creating value for electrolytic manganese dioxide.
Further, the report states that one of the major factors hindering the growth of this market is Regulatory ban on dumping. The International Trade Administration has put a ban on dumping. The US Department of Commerce has also put anti-dumping duty as well. The imports of electrolytic manganese dioxide in the US and Mexico has declined the profit margins of electrolytic manganese dioxide manufacturers in the Americas.
CITIC Dameng, Eveready Industries India, PRINCE, Tosoh, and Tronox.
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