Global Manganese Mining Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Ore Type;

Silicomanganese, Ferromanganese, Pyrolusite and Manganite.

By Application;

Alloys and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn468629948 Published Date: January, 2025 Updated Date: February, 2025

Introduction

Global Manganese Mining Market (USD Million), 2021 - 2031

In the year 2024, the Global Manganese Mining Market was valued at USD 30,842.93 million. The size of this market is expected to increase to USD 50,106.62 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.2%.

The Global Manganese Mining Market serves as a crucial component within the broader mining industry, focusing specifically on the extraction and production of manganese ore. Manganese is an essential mineral used primarily in the production of steel and ferroalloys, imparting strength, hardness, and corrosion resistance to the finished products. As a result, manganese mining plays a vital role in supporting the global steel industry, which serves as the backbone of infrastructure development, construction, and manufacturing sectors worldwide. With growing urbanization, industrialization, and infrastructure projects, the demand for steel and manganese continues to rise, driving the expansion of the Global Manganese Mining Market.

At the heart of the Global Manganese Mining Market lies a diverse range of mining operations and companies engaged in the exploration, extraction, and processing of manganese ore. These operations span various regions across the globe, from large-scale open-pit mines to underground operations, each tailored to the geological characteristics and ore grades of the respective deposits. The market encompasses both primary manganese mining operations focused solely on manganese ore extraction and integrated mining companies involved in the production of manganese alloys, ferroalloys, and other value-added products. As a critical component of the steel supply chain, the Global Manganese Mining Market is influenced by factors such as steel production trends, economic growth, infrastructure investments, and technological advancements in mining and processing techniques.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Ore Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Manganese Mining Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Steel Production and Consumption
        2. Technological Advancements in Mining and Processing
        3. Expansion of Infrastructure and Construction Projects
      2. Restraints
        1. Environmental and Regulatory Challenges
        2. Fluctuating Manganese Prices
        3. Geopolitical Instability in Key Mining Regions
      3. Opportunities
        1. Exploration and Development of New Deposits
        2. Expansion of Manganese Recycling Initiatives
        3. Diversification into High-Value Manganese Products
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Manganese Mining Market, By Application, 2021 - 2031 (USD Million)
      1. Silicomanganese
      2. Ferromanganese
      3. Pyrolusite
      4. Manganite
    2. Global Manganese Mining Market, By Application, 2021 - 2031 (USD Million)
      1. Alloys
      2. Others
    3. Global Manganese Mining Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. South32 Limited
      2. Vale S.A.
      3. Eramet
      4. Anglo American plc
      5. BHP Group
      6. Consolidated Minerals Limited
      7. MOIL Limited
      8. Gulf Manganese Corporation Limited
      9. China Minmetals Corporation
      10. Assmang Limited
  7. Analyst Views
  8. Future Outlook of the Market