전해 이산화망간 : 시장 점유율 분석, 업계 동향 및 통계, 성장 예측(2026-2031년)

According to Mordor Intelligence, the electrolytic manganese dioxide market size is projected to be USD 1.79 billion in 2025, USD 1.92 billion in 2026, and reach USD 2.67 billion by 2031, growing at a CAGR of 6.85% from 2026 to 2031.

This report is Segmented by Type (Alkaline Grade EMD, Lithium-Ion Battery Grade EMD, Zinc-Carbon Grade EMD), Application (Batteries, Water Treatment, Others), End-User (Automotive, Consumer Electronics, Industrial, Others), and Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa). Market Forecasts are Provided in Value (USD).

Global Electrolytic Manganese Dioxide Market Trends and Insights

Rapid Scale-Up of Lithium-Ion Cathodes with High-Manganese Content

Automakers and battery manufacturers are accelerating the adoption of NMC 8-series and 9-series chemistries to reduce cobalt dependency. However, overall manganese demand is increasing as global lithium-ion cell production is projected to surpass 3 TWh by 2030. CITIC Dameng is set to commission 3,000 tons per year of lithium manganese oxide (LMO) capacity in Guangxi by 2025, with plans to triple this capacity. Meanwhile, South Korean and Japanese precursor manufacturers have secured long-term offtake agreements for battery-grade manganese sulfate. Although the transition from NMC 5-series (20% Mn) to NMC 8-series (10% Mn) reduces manganese content per cell, improvements in cell-level energy density enable pack downsizing, sustaining positive manganese demand. High-manganese blends are particularly suited for hybrid powertrains, where thermal stability and peak power delivery are prioritized over volumetric energy density. As a result, procurement teams are focusing on purity specifications, such as sub-1 ppm copper levels and consistent D50 particle sizes, to ensure cycle life and minimize warranty risks.

Localization Incentives under US IRA & EU CRMA

Section 45X of the IRA grants a 10% production tax credit for battery-grade manganese sourced from the United States or free-trade-agreement nations. In parallel, the CRMA listed 47 strategic projects worth EUR 22.5 billion, including seven manganese hubs that enjoy accelerated permitting capped at 27 months. Euro Manganese's Chvaletice tailings project and Northvolt's NorthCYCLE recycling plant demonstrate how compliant supply can achieve a 15-20% price premium compared to non-traceable materials. The documentation of greenhouse gas (GHG) intensity and labor practices through ISO 14001 audits is increasingly becoming a standard requirement for Tier-1 cathode buyers and automotive OEMs aiming to qualify for Inflation Reduction Act tax credits on finished electric vehicles (EVs).

Rapid Share Gains of LFP & Sodium-Ion Chemistries

In 2025, lithium iron phosphate (LFP) accounted for over 50% of China's passenger electric vehicle (EV) cathode market, driven by a decline in average pack prices to USD 108/kWh, representing a 15% cost advantage compared to nickel manganese cobalt (NMC) cathodes. Sodium-ion cells, introduced commercially by CATL and BYD, added competitive pressure by providing manganese-free alternatives for low-cost vehicles and two-wheelers. Once an original equipment manufacturer (OEM) adopts LFP or sodium-ion platforms, transitioning back to NMC can require up to 24 months for requalification, leading to sustained market share losses for manganese-intensive cathodes. Sodium-ion production reached 12 GWh in 2025, highlighting its rapid scalability and potential to reduce future demand for electrolytic manganese dioxide (EMD) in emerging markets.

Other drivers and restraints analyzed in the detailed report include:

1. Demand Surge from Alkaline Batteries in Emerging Economies
2. Commercialization of Zinc-ion Stationary Storage Using EMD Cathodes
3. Stricter Chinese Environmental Permits Curbing High-Purity Output

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Alkaline-battery grade EMD represented 49.5% of the Electrolytic Manganese Dioxide market share in 2025, primarily supporting the stable primary-cell segment. This grade is characterized by 91-92% active oxygen content and heavy-metal levels below 50 ppm, which help minimize self-discharge. In contrast, Lithium-Ion Battery Grade EMD, refined to contain less than 1 ppm copper and designed with a D50 particle size of 26 µm, is anticipated to grow at a compound annual growth rate (CAGR) of 8.4% through 2031, outpacing the growth of alkaline-grade EMD. This growth is driven by the expansion of automotive and grid storage applications, which offset the reduction in manganese content from 20% to 10% when transitioning from legacy NMC 5-series to high-nickel NMC 8-series formulations.

Tosoh's dual-site production facilities in Japan and Greece, with a combined capacity of 60,000 tons per year, account for approximately 20% of the global market share. However, emerging hydrometallurgical processes from companies like Element 25 and Euro Manganese have the potential to reduce conversion costs by 25-30%, posing a challenge to traditional electrolytic methods. These alternative processes produce low-carbon EMD with 40-60% less solid waste, aligning with original equipment manufacturers' (OEM) Scope-3 emission reduction targets. The future of capacity deployment beyond 2028 will depend on whether premium battery-grade pricing can justify the capital-intensive electrolysis lines or if direct sulfate precipitation methods will replace conventional EMD production.

Complete Report Scope:

• By Type
  • Alkaline Grade EMD
  • Lithium-ion Battery Grade EMD
  • Zinc-carbon Grade EMD
• By Application
  • Batteries
  • Water Treatment
  • Others
• By End-user
  • Automotive
  • Consumer Electronics
  • Industrial
  • Others
• By Geography
  • North America
    • United States
    • Canada
    • Mexico
  • Europe
    • Germany
    • United Kingdom
    • France
    • Italy
    • NORDIC Countries
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • ASEAN Countries
    • Rest of Asia-Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • South Africa
    • Egypt
    • Rest of Middle East and Africa

Geography Analysis

In 2025, the Asia-Pacific region accounted for 52.4% of global revenue, driven by China's leadership in ore mining, EMD conversion, and downstream cathode assembly. Guangxi and Hunan provinces collectively host nearly 60% of global EMD capacity. However, stricter wastewater regulations are prompting mid-tier producers to exit the market, tightening supply as domestic cathode demand grows at double-digit rates. Japan and South Korea rely heavily on imports of battery-grade EMD from China and Australia, leaving them vulnerable to anti-dumping tariffs and fluctuations in freight rates. Meanwhile, India's MOIL is seeking alternative buyers by reducing export prices.

The Middle East and Africa are projected to grow at a compound annual growth rate (CAGR) of 7.6% through 2031. In Saudi Arabia, a USD 200 million Northern Graphite-Al Obeikan battery active-material plant is planned for start-up in 2028. South Africa's Manganese Metal Company is advancing toward producing over 6,000 tons per year of high-purity manganese sulfate. Gabon is preparing to ban raw ore exports after 2029, aiming to boost domestic beneficiation. However, the region faces challenges such as high electricity tariffs, which can exceed 12 cents per kWh and account for 40% of smelter cash costs, as well as the need for multilateral lending to mitigate infrastructure risks.

North America and Europe are ramping up domestic production capacity in response to supply chain security mandates. In the United States, Section 45X offers a 10% tax credit, while the Critical Raw Materials Act (CRMA) in Europe facilitates fast-track permitting. Key projects include Euro Manganese's Chvaletice tailings reprocessing, designated as an EU Strategic Project, and South32's Hermosa battery-grade manganese deposit in Arizona. Element 25's Butcherbird project completed its definitive feasibility study (DFS) in 2024, with a final investment decision (FID) expected in 2026, enabling free-trade-agreement-compliant feedstock for U.S. cathode precursor plants. Anti-dumping margins of up to 149.92% on Chinese EMD imports are being leveraged by producers in Australia, Mexico, and South Africa, who aim to meet Inflation Reduction Act (IRA) requirements and shorter shipping lanes into East Coast gigafactories.

1. American Manganese Inc.
2. CITIC Dameng Holdings Limited
3. Delta EMD
4. Element 25 Limited
5. Erachem Comilog S.A.
6. Euro Manganese Inc.
7. Group Stars Chemical Co., Ltd.
8. Guiliu Chemical Co., Ltd.
9. Guizhou Dalong Huicheng New Material Co., Ltd.
10. Gulf Manganese Corporation Limited
11. Mesa Minerals Limited
12. MMC Norilsk Nickel
13. NantEnergy, Inc.
14. Nippon Denko Co., Ltd.
15. Prince International (Vibrantz)
16. South32 Limited
17. Tosoh Corporation
18. Tronox Holdings plc
19. Urban Electric Power, Inc.
20. Xiangtan Electrochemical Scientific Co., Ltd.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 Introduction

• 1.1 Study Assumptions & Market Definition
• 1.2 Scope of the Study

2 Research Methodology

3 Executive Summary

4 Market Landscape

• 4.1 Market Overview
• 4.2 Market Drivers
  • 4.2.1 Demand surge from alkaline primary batteries in emerging economies
  • 4.2.2 Rapid scale-up of lithium-ion cathodes with high-manganese content (NMC, LMO)
  • 4.2.3 Localization incentives for battery-grade manganese under US IRA & EU CRMA
  • 4.2.4 Commercialization of zinc-ion stationary storage using EMD cathodes
  • 4.2.5 Closed-loop recycling streams for spent alkaline & Li-Mn batteries
  • 4.2.6 Low-carbon hydrometallurgical EMD from furnace-dust & laterite effluents
• 4.3 Market Restraints
  • 4.3.1 Manganese ore & power cost volatility squeezing margins
  • 4.3.2 Rapid share gains of LFP and sodium-ion chemistries in entry-level EVs
  • 4.3.3 Stricter Chinese environmental permits curbing high-purity EMD output
  • 4.3.4 Anti-dumping duties & export controls on EMD in key trade lanes
• 4.4 Supply-Chain Analysis
• 4.5 Regulatory Landscape
• 4.6 Technological Outlook
• 4.7 Porters Five Forces Analysis
  • 4.7.1 Threat of New Entrants
  • 4.7.2 Bargaining Power of Buyers
  • 4.7.3 Bargaining Power of Suppliers
  • 4.7.4 Threat of Substitutes
  • 4.7.5 Competitive Rivalry

5 Market Size & Growth Forecasts

• 5.1 By Type
  • 5.1.1 Alkaline Grade EMD
  • 5.1.2 Lithium-ion Battery Grade EMD
  • 5.1.3 Zinc-carbon Grade EMD
• 5.2 By Application
  • 5.2.1 Batteries
  • 5.2.2 Water Treatment
  • 5.2.3 Others
• 5.3 By End-user
  • 5.3.1 Automotive
  • 5.3.2 Consumer Electronics
  • 5.3.3 Industrial
  • 5.3.4 Others
• 5.4 By Geography
  • 5.4.1 North America
    • 5.4.1.1 United States
    • 5.4.1.2 Canada
    • 5.4.1.3 Mexico
  • 5.4.2 Europe
    • 5.4.2.1 Germany
    • 5.4.2.2 United Kingdom
    • 5.4.2.3 France
    • 5.4.2.4 Italy
    • 5.4.2.5 NORDIC Countries
    • 5.4.2.6 Russia
    • 5.4.2.7 Rest of Europe
  • 5.4.3 Asia-Pacific
    • 5.4.3.1 China
    • 5.4.3.2 India
    • 5.4.3.3 Japan
    • 5.4.3.4 South Korea
    • 5.4.3.5 ASEAN Countries
    • 5.4.3.6 Rest of Asia-Pacific
  • 5.4.4 South America
    • 5.4.4.1 Brazil
    • 5.4.4.2 Argentina
    • 5.4.4.3 Rest of South America
  • 5.4.5 Middle East and Africa
    • 5.4.5.1 Saudi Arabia
    • 5.4.5.2 United Arab Emirates
    • 5.4.5.3 South Africa
    • 5.4.5.4 Egypt
    • 5.4.5.5 Rest of Middle East and Africa

6 Competitive Landscape

• 6.1 Market Concentration
• 6.2 Strategic Moves (M&A, Partnerships, PPAs)
• 6.3 Market Share Analysis (Market Rank/Share for key companies)
• 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Products & Services, and Recent Developments)
  • 6.4.1 American Manganese Inc.
  • 6.4.2 CITIC Dameng Holdings Limited
  • 6.4.3 Delta EMD
  • 6.4.4 Element 25 Limited
  • 6.4.5 Erachem Comilog S.A.
  • 6.4.6 Euro Manganese Inc.
  • 6.4.7 Group Stars Chemical Co., Ltd.
  • 6.4.8 Guiliu Chemical Co., Ltd.
  • 6.4.9 Guizhou Dalong Huicheng New Material Co., Ltd.
  • 6.4.10 Gulf Manganese Corporation Limited
  • 6.4.11 Mesa Minerals Limited
  • 6.4.12 MMC Norilsk Nickel
  • 6.4.13 NantEnergy, Inc.
  • 6.4.14 Nippon Denko Co., Ltd.
  • 6.4.15 Prince International (Vibrantz)
  • 6.4.16 South32 Limited
  • 6.4.17 Tosoh Corporation
  • 6.4.18 Tronox Holdings plc
  • 6.4.19 Urban Electric Power, Inc.
  • 6.4.20 Xiangtan Electrochemical Scientific Co., Ltd.

7 Market Opportunities & Future Outlook

• 7.1 White-space & Unmet-Need Assessment