United States Electrolytic Manganese Dioxide Market Outlook
According to a new report by Expert Market Research titled “United States Electrolytic Manganese Dioxide Market Size, Price, Share, Analysis, Report, Demand, Forecast 2023-2028″, the United States electrolytic manganese dioxide market is projected to grow at a CAGR of 5.70% between 2023 and 2028. Aided by the growing demand for high-performance batteries and the increasing applications of EMD in the electronics industry, the market is expected to grow significantly by 2028.
Electrolytic manganese dioxide is a critical component utilised in the manufacture of batteries, specifically alkaline batteries, and lithium-ion batteries. EMD exhibits superior efficiency and longevity, making it a preferred choice for battery manufacturers. Apart from its primary use in batteries, EMD is increasingly finding applications in the electronics sector, in water treatment plants for the oxidation of soluble iron and manganese, and in the glass and ceramics industry as a decolouriser.
The upsurge in demand for portable electronic devices, electric vehicles, and renewable energy storage systems has significantly fuelled the United States electrolytic manganese dioxide market growth. The continual advancements in technology have resulted in an escalating need for power storage solutions, underlining the importance of high-performance batteries. With EMD being a vital component in these batteries, its market has experienced robust expansion.
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The rapid pace of urbanisation and the corresponding rise in the consumption of electronic goods and electric vehicles have provided a substantial impetus to the United States electrolytic manganese dioxide market expansion. Moreover, the increased awareness about renewable energy sources and the corresponding need for efficient energy storage systems have magnified the role of EMD in the contemporary energy ecosystem.
Further, the shift towards more sustainable energy storage systems has emphasised the importance of EMD in battery production, thereby augmenting its demand. In the realm of electric vehicles, the quest for improving driving range and battery longevity necessitates the use of superior components like EMD, bolstering the United States electrolytic manganese dioxide market demand.
Innovation and technology development presents significant potential for the future of the EMD market. Improved processing techniques can lead to more efficient and cost-effective production of EMD. Additionally, the development of newer battery technologies and the continuous evolution of the electronics industry offers extensive growth opportunities for EMD.
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United States Electrolytic Manganese Dioxide Market Segmentation
The market can be divided based on application and region.
Market Breakup by Application
- Alkaline Batteries
- Zinc-Carbon Batteries
- Li-ion Batteries
- Water Treatment
Market Breakup by Region
- New England
- Great Lakes
- Rocky Mountain
- Far West
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the United States electrolytic manganese dioxide companies. Some of the major key players explored in the report by Expert Market Research are as follows:
- Tronox Holdings plc
- Prince International Corporation
- American Manganese Inc.
- Borman Specialty Materials
- Mesa Minerals Partners
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