Thursday 9 April 2015

Manganese Carbonate Market - Global Industry Analysis, Size, Share, Trends And Forecast 2014 - 2020

Chemical_Materials
Manganese carbonate is a faint pink colored chemical compound naturally occurring as the rhodochrosite mineral. However, manganese carbonate is industrially produced by salts of manganese through precipitation with hydrogen carbonates or through alkali-metal carbonates. Manganese carbonate is used in various industrial applications owing to its chemical properties. Manganese carbonate is highly insoluble in water however is easily soluble in weak inorganic acid and faintly soluble in organic acid salt. Manganese carbonate (feed grade) forms one of the major micronutrient (used as an additive in the fertilizer) in agriculture industry.
Additionally, manganese carbonate of industrial grade is used as a glaze colorant in ceramics, used in ferrites, pharmacy and even in medical applications. The major application in agriculture industry as a micronutrient is expected to boost the demand of manganese carbonate in the next six years. Other major applications include use in medical industry as hematinic is also expected to boost the demand for manganese carbonate in the next six years. The market for manganese carbonate is expected to increase globally considering the significant requirement in end-user applications especially in agriculture industry. The extensive growth in agriculture in developing economies of Asia Pacific region is anticipated to be the major market for manganese carbonate in the next six years.
Manganese carbonate is used primarily as a micro nutrient in fertilizer industry. The lack of availability of sufficient amount of manganese content in crops results in low crop yield. Thus considering the importance played by micronutrients in crop growth, the demand for manganese carbonate is anticipated to increase in the forecast period. Furthermore, the medical application as a hematinic is also likely to play a major role in the global market for manganese carbonate. The industrial grade manganese carbonate is used in ceramic industry as a glaze colorant. Manganese carbonate shows high color uniformity compared to manganese dioxide, which is also used in ceramics as glaze colorant. Moreover, manganese carbonate being naturally available in form of mineral requires little or no processing for direct application in ceramics application. Also the application as health foods is projected the augment the demand for manganese carbonate in the next six years. Considering the wide array of application the market for manganese carbonate is anticipated to grow considerably in the forecast period.
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The developing economies across Asia Pacific region are expected to be the fastest growing markets for manganese carbonate in the next few years. The major reason for this is the high potential demand for manganese carbonate from agriculture industry as a micro nutrient and pharmaceutical industry. Asia Pacific countries such as India, China, Malaysia and Indonesia are anticipated to be the major markets for these products considering the substantial growth of agriculture and various other end-user industries using manganese carbonate. In addition to this, the developed regions such as North America and Europe are further expected to increase their existing demand for manganese carbonate considering its requirement in agriculture and ceramic industry thereby propelling the global demand for manganese carbonate. The growth in ceramics industry across the globe is likely to drive the market for manganese carbonate in the next six years. Manganese carbonate market is expected to have significant growth owing to increase in demand from the several existing and potential end-user industries.
Some of the key players operating in manganese carbonate market are Xiangtan Qianrong Chemical Co., ltd, Airedale Chemical Company Limited., Zncus Chemical Co.,Ltd, ERACHEM Comilog and Shanghai Yuejiang Titanium Chemical Manufacturer Co., Ltd.

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