Manganese Recycling Market size was valued at USD 1.5 Billion in 2024 and is forecasted to grow at a CAGR of 7.5% from 2026 to 2033, reaching USD 2.8 Billion by 2033.
In 2022, the global manganese recycling market was valued at USD 1.15 billion, with a projected growth to USD 2.45 billion by 2030, representing a compound annual growth rate (CAGR) of 10.2% from 2024 to 2030. The Asia Pacific region led the market, valued at USD 448.77 million in 2023, and is expected to reach USD 1.029 billion by 2030, growing at a CAGR of 47.5% during the forecast period. This dominance is primarily due to extensive industrial activities and significant demand for manganese in steel production, particularly in China, India, Japan, and South Korea. Europe also demonstrated substantial growth, with the market valued at USD 246.24 million in 2023 and projected to reach USD 574.12 million by 2030, at a CAGR of 13.6%. This growth is driven by stringent environmental regulations and a strong emphasis on sustainability initiatives. The North American manganese recycling market held a significant position, accounting for over 35% of global revenue in 2023, fueled by robust automotive and construction industries. Europe followed closely with a market share of approximately 30%, influenced by strict environmental regulations and circular economy initiatives. The Asia Pacific region is anticipated to experience the fastest growth, with a projected CAGR exceeding 6%, driven by expanding steel and infrastructure sectors. South America and the Middle East and Africa, though smaller in market size, are also showing growth as governments prioritize sustainable practices and promote the use of recycled materials. Opportunities in the manganese recycling market include technological advancements that enhance recovery processes and government initiatives promoting sustainable practices through incentives and subsidies. Challenges involve high initial investments for recycling infrastructure and complexities in collecting and sorting manganese rich materials.
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Hanwa
OmniSource
LLC
Ferrous Processing and Trading (FPT)
Schnitzer
SA Recycling
David J. Joseph Co. (DJJ)
CMC Recycling
Sims Metal
Alter Trading Inc
Mervis Industries
Alnor Industry
Yano Metals Co.
Ltd.
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Manganese Recycling Market
Manganese Ore Processing Waste
Manganese Alloy Manufacturing Waste
Steel and Iron Production Scrap
Battery Recycling Materials
Electrical Components Scrap
Steel and Alloys
Batteries and Energy Storage Systems
Chemicals and Catalysts
Aerospace and Automotive
Electronics and Semiconductors
Pyrometallurgical Recycling
Hydrometallurgical Recycling
Biotechnological Recycling
Mechanical Recycling
Chemical Recycling
Manganese Oxides
Manganese Alloys
Electrolytic Manganese Dioxide (EMD)
High-Purity Manganese
Manganese Sulfate
Large Enterprises
Medium-sized Enterprises
Small-scale Enterprises
Start-ups
Research Institutions
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Manganese Recycling Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Manganese Recycling Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Manganese Recycling Market, By Type
6. Global Manganese Recycling Market, By Application
7. Global Manganese Recycling Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Manganese Recycling Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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