Manganese Carbonate Market Will Be Worth of Us$ 464.1 Mn by 2023, Expanding at a Cagr of 4.2% Between 2015-2023

Transparency Market

Research

Manganese Carbonate Market - Global Industry

Analysis, Size, Share, Growth, Trends and Forecast

2015 - 2023

Published Date

03-Nov-2015

120 Page Report

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Global Manganese Carbonate Sales to Hold Steady as

Applications Grow in Agriculture and Homeware Sectors,

Says TMR

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Manganese Carbonate Market

REPORT DESCRIPTION

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 carbonate manufacturers,

as they exhibit high demand...