The Market Reports

Synopsis
The global market for Battery Grade Manganese Sulphate was estimated to be worth US$ 254 million in 2024 and is forecast to a readjusted size of US$ 955 million by 2031 with a CAGR of 17.3% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Battery Grade Manganese Sulphate cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
Battery-grade manganese sulfate (chemical formula: MnSO₄·H₂O), also known as High-Purity Manganese Sulfate Monohydrate (HPMSM), is a critical cathode precursor material used in the production of lithium-ion batteries, particularly in lithium manganese oxide (LMO), nickel-cobalt-manganese (NCM), and lithium iron phosphate-manganese (LMFP) chemistries. To qualify as “battery-grade,” manganese sulfate must meet stringent purity requirements—typically ≥99.9% purity with extremely low heavy metal and water-soluble impurities. Product types include electrolytic manganese-based and chemical precipitation-based HPMSM. Manganese sulfate is favored for its relatively low cost, stability, and ability to enhance thermal stability and specific energy in battery systems. Its application is rapidly expanding across electric vehicles (EVs), energy storage systems (ESS), and portable electronics.
In past five years, China is the largest market of electric vehicle (EV), and the largest market of Li-ion batteries and Battery Grade Manganese Sulfate.
The global Battery Grade Manganese Sulfate market is dominated by few Chinese players due to the mineral resources and EV industry chain development; Chinese players hold a share over 90 percent of global Battery Grade Manganese Sulfate supply. China, Japan, and South Korea are the consumers of Battery Grade Manganese Sulfate, all three have a share over 95%. Battery Cathode Materials is the key market of Battery Grade Manganese Sulfate, currently most of Battery Grade Manganese Sulfateis used for the batteries.
This report aims to provide a comprehensive presentation of the global market for Battery Grade Manganese Sulphate, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Battery Grade Manganese Sulphate by region & country, by Type, and by Application.
The Battery Grade Manganese Sulphate market size, estimations, and forecasts are provided in terms of sales volume (Tons) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Battery Grade Manganese Sulphate.
Market Segmentation
By Company
Guizhou Dalong Huicheng New Material
ISKY Chemicals
Guizhou Redstar Developing
Guizhou Jinrui New Materials
Lantian Chemical
Guangxi Yuding New Materials
Vibrantz Technologies Inc. (Prince)
Guizhou Manganese Mineral Group
Segment by Type
Process Route: from Manganese Ore
Process Route: from Electrolytic Manganese
Resources Recovery
Segment by Application
NCM333
NCM523
NCM622
NCM811
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Battery Grade Manganese Sulphate manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Battery Grade Manganese Sulphate in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Battery Grade Manganese Sulphate in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Index