Manganese Carbonate Market - Global Industry
Analysis, Size, Share, Growth, Trends and Forecast
2015 - 2023
120 Page Report
Global Manganese Carbonate Sales to Hold Steady as
Applications Grow in Agriculture and Homeware Sectors,
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Manganese Carbonate Market
Manganese Carbonate Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast
2015 - 2023
The review is based on findings of a TMR report, titled “Manganese Carbonate Market - Global Industry
Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2023.”
By revenue, the global manganese
carbonate market stood at US$322.2 mn in 2014. Exhibiting a CAGR of 4.2% between 2015 and 2023, the
market is expected to reach US$464.1 mn by the end of 2023.
Based on volume, the agrochemicals segment reported the highest demand for manganese carbonate in 2014.
The segment held over 68% of the manganese carbonate market in the year. Regionally, Asia Pacific
dominated the global manganese carbonate market, holding a share of 75.5% in terms of volume in 2014.
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Rising Use of Manganese Carbonate as Micronutrient in Agriculture to Fuel its Demand
The rising use of manganese carbonate as an essential agriculture micronutrient will considerably fuel their
sales. This chemical is often added to plant fertilizers as a treatment for crops with manganese-deficiency.
Agricultural sector still holds dominance across several emerging economies in Asia Pacific and Latin America.
Hence, these regions are projected to provide lucrative opportunities for manganese...