Global Manganese Market to Reach USD 44.8 Billion by 2030, Fueled by Rising Demand in Steelmaking and Battery Production

The global Manganese Market is witnessing robust growth, driven by increasing demand across the steel industry, electric vehicle batteries, and renewable energy storage solutions. According to the latest report by Market Intelo, the market, valued at USD 28.6 billion in 2022, is projected to reach USD 44.8 billion by 2030, expanding at a CAGR of 5.8% during the forecast period (2023–203.

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Manganese Market Research Report 2033
marketintelo.com

Manganese Market Research Report 2033

As per our latest market intelligence, the Global Manganese market size was valued at $24.5 billion in 2024, and is forecasted to hit $39.2 billion by 2033, growing at a robust CAGR of 5.4% during the forecast period.