Market Overview:
The global manganese acetate market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for manganese acetate from the organic chemical and fertilizer industries. Additionally, the growing demand for manganese acetate in Asia Pacific is also contributing to the growth of the market. However, factors such as volatility in prices of raw materials and stringent environmental regulations are restraining the growth of this market. On basis of type, manganese(III) acetate accounted for a major share of the global manganese acetate market in 2017. This can be attributed to its high reactivity and strong oxidizing properties which make it suitable for use as an oxidizing agent in various applications such as organic synthesis and pharmaceuticals manufacturing.
Product Definition:
Manganese acetate is a compound with the formula Mn(CH3COO)2. It is produced by the reaction of manganese dioxide and acetic acid. This salt is used in dyeing and printing textiles, as well as in photography.
Manganese(III) Acetate:
Manganese(III) acetate is a chemical compound of manganese and three hydroxyl groups. It has toxicological properties similar to that of iron. Manganese III oxide is the basic form in which the element appears, and it's found in nature as well as can be prepared synthetically.
Manganese(II) Acetate:
Manganese(II) acetate is a chemical compound used in the production of manganese salts such as Manganese Acetate Monohydrate. It is also used as an additive for gasoline to improve cold flow and reduce emissions. Manganese(II) acetate has no significant use in humans, but it can be dangerous when consumed by dogs and cats due to its toxic nature.
Application Insights:
The others segment dominated the global manganese acetate market in terms of revenue share in 2017. The application of manganese acetate is increasing owing to its ability to combine with oxygen and sulfur, which helps in the formation of a stable compound. It is used as an additive for manufacturing fertilizers and pesticides. The demand for these products has witnessed a rise due to rapid urbanization, rising disposable income, changing lifestyles along with increasing concerns regarding food security and sustainability.
Fertilizer industry was the largest consumer of manganese acetate globally followed by organic chemical industry during 2016-2017 period. Fertilizer manufacturers are focusing on improving their product formulations that include additives such as zinc oxide, magnesium oxide among others so as to enhance productivity over the coming years ahead.
Regional Analysis:
Asia Pacific dominated the global market in terms of both volume and revenue. The region is expected to witness significant growth over the forecast period owing to increasing demand from end-use industries, such as fertilizers and pharmaceuticals. China was a major consumer in Asia Pacific, followed by India and Japan. Increasing production of fruits & vegetables coupled with rising awareness regarding nutritional products is likely to have a positive impact on industry growth over the coming years.
The product demand in Europe was valued at USD X million in 2017 owing to its use as an oxidizing agent for producing various organic chemicals along with other applications such as pesticides, rubber additives, food preservatives among others.
Growth Factors:
- Increasing demand from the battery and electronics industry for manganese acetate as a precursor to lithium ion batteries.
- Growing demand for manganese acetate in agriculture as a plant nutrient and soil amendment.
- Increasing use of manganese acetate in water treatment applications to remove heavy metals and other pollutants from wastewater effluent streams.
- Rising demand for manganese acetate in leather tanning operations as an environmentally friendly alternative to chromium sulfates and other toxic chemicals used in the tanning process .
Scope Of The Report
Report Attributes
Report Details
Report Title
Manganese Acetate Market Research Report
By Type
Manganese(III) Acetate, Manganese(II) Acetate, Others
By Application
Organic Chemical, Fertilizer Industry, Others
By Companies
Celtic Chemicals, American Elements, Eastmen Chemicals, Shepherd Chemical Company, Sigma-Aldrich, Wuxi Yangshan Biochemical, Wuxi Unisen Chemical, AVA Chemical Private, Anhui Hongyang Chemical, Nova Oleochem Limited, Dalian Yuanfu Chemical, Hunan Hui Tong Technology, Mil-Spec Industries, New Alliance Dye Chem, GFS Chemicals, NOAH Technologies Corporation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
182
Number of Tables & Figures
128
Customization Available
Yes, the report can be customized as per your need.
Global Manganese Acetate Market Report Segments:
The global Manganese Acetate market is segmented on the basis of:
Types
Manganese(III) Acetate, Manganese(II) Acetate, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Organic Chemical, Fertilizer Industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Celtic Chemicals
- American Elements
- Eastmen Chemicals
- Shepherd Chemical Company
- Sigma-Aldrich
- Wuxi Yangshan Biochemical
- Wuxi Unisen Chemical
- AVA Chemical Private
- Anhui Hongyang Chemical
- Nova Oleochem Limited
- Dalian Yuanfu Chemical
- Hunan Hui Tong Technology
- Mil-Spec Industries
- New Alliance Dye Chem
- GFS Chemicals
- NOAH Technologies Corporation
Highlights of The Manganese Acetate Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Manganese(III) Acetate
- Manganese(II) Acetate
- Others
- By Application:
- Organic Chemical
- Fertilizer Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Manganese Acetate Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Manganese acetate is a white, crystalline powder that is used as an additive in food and cosmetics. It has a sweet taste and can be found in products such as chewing gum, candy bars, ice cream, cake mixes and other baking ingredients.
Some of the key players operating in the manganese acetate market are Celtic Chemicals, American Elements, Eastmen Chemicals, Shepherd Chemical Company, Sigma-Aldrich, Wuxi Yangshan Biochemical, Wuxi Unisen Chemical, AVA Chemical Private, Anhui Hongyang Chemical, Nova Oleochem Limited, Dalian Yuanfu Chemical, Hunan Hui Tong Technology, Mil-Spec Industries, New Alliance Dye Chem, GFS Chemicals, NOAH Technologies Corporation.
The manganese acetate market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Manganese Acetate Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Manganese Acetate Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Manganese Acetate Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Manganese Acetate Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Manganese Acetate Market Size & Forecast, 2018-2028 4.5.1 Manganese Acetate Market Size and Y-o-Y Growth 4.5.2 Manganese Acetate Market Absolute $ Opportunity
Chapter 5 Global Manganese Acetate Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Manganese Acetate Market Size Forecast by Type
5.2.1 Manganese(III) Acetate
5.2.2 Manganese(II) Acetate
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Manganese Acetate Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Manganese Acetate Market Size Forecast by Applications
6.2.1 Organic Chemical
6.2.2 Fertilizer Industry
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Manganese Acetate Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Manganese Acetate Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Manganese Acetate Analysis and Forecast
9.1 Introduction
9.2 North America Manganese Acetate Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Manganese Acetate Market Size Forecast by Type
9.6.1 Manganese(III) Acetate
9.6.2 Manganese(II) Acetate
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Manganese Acetate Market Size Forecast by Applications
9.10.1 Organic Chemical
9.10.2 Fertilizer Industry
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Manganese Acetate Analysis and Forecast
10.1 Introduction
10.2 Europe Manganese Acetate Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Manganese Acetate Market Size Forecast by Type
10.6.1 Manganese(III) Acetate
10.6.2 Manganese(II) Acetate
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Manganese Acetate Market Size Forecast by Applications
10.10.1 Organic Chemical
10.10.2 Fertilizer Industry
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Manganese Acetate Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Manganese Acetate Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Manganese Acetate Market Size Forecast by Type
11.6.1 Manganese(III) Acetate
11.6.2 Manganese(II) Acetate
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Manganese Acetate Market Size Forecast by Applications
11.10.1 Organic Chemical
11.10.2 Fertilizer Industry
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Manganese Acetate Analysis and Forecast
12.1 Introduction
12.2 Latin America Manganese Acetate Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Manganese Acetate Market Size Forecast by Type
12.6.1 Manganese(III) Acetate
12.6.2 Manganese(II) Acetate
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Manganese Acetate Market Size Forecast by Applications
12.10.1 Organic Chemical
12.10.2 Fertilizer Industry
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Manganese Acetate Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Manganese Acetate Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Manganese Acetate Market Size Forecast by Type
13.6.1 Manganese(III) Acetate
13.6.2 Manganese(II) Acetate
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Manganese Acetate Market Size Forecast by Applications
13.10.1 Organic Chemical
13.10.2 Fertilizer Industry
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Manganese Acetate Market: Competitive Dashboard
14.2 Global Manganese Acetate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Celtic Chemicals
14.3.2 American Elements
14.3.3 Eastmen Chemicals
14.3.4 Shepherd Chemical Company
14.3.5 Sigma-Aldrich
14.3.6 Wuxi Yangshan Biochemical
14.3.7 Wuxi Unisen Chemical
14.3.8 AVA Chemical Private
14.3.9 Anhui Hongyang Chemical
14.3.10 Nova Oleochem Limited
14.3.11 Dalian Yuanfu Chemical
14.3.12 Hunan Hui Tong Technology
14.3.13 Mil-Spec Industries
14.3.14 New Alliance Dye Chem
14.3.15 GFS Chemicals
14.3.16 NOAH Technologies Corporation