Product Code: ETC095683 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The IndiaManganese Sulphate market is expected to witness major growth over the forecast period owing to growing demand for food additives, fertilizers and animal feed. Moreover, increasing demand from industries such as construction, automotive, and engineering is also driving the growth of this market in India. The Government???s initiatives towards agricultural modernization and expansion of industrial activities are likely to boost the demand for manganese sulphate further.
Manganese sulphate is an important industrial chemical and its demand in India is mainly driven by the rising consumption from various end-use industries including chemicals, fertilizers, animal feed, food additives and water treatment. Growing population resulting in increased urbanization in the country has been leading to increasing production of agricultural commodities like grains, fruits & vegetables that require manganese sulphate for their proper growth as a micronutrient. Additionally, growing developments in infrastructure activities such as construction of bridge or highways have led to higher demand for steel which further boosts the market growth of manganese sulphate in India due to its use as a fluxing agent during steel manufacturing process. Moreover, increasing government initiatives towards sustainable development along with stringent regulations related to environment protection are also driving the market growth for manganese sulphate due to growing awareness about environmental concerns caused by synthetic nitrate pollution.
Challenges faced by India Manganese Sulphate Market include high import duties imposed on raw materials from China which hampers smooth supply chain operations and restricts availability of competitively priced raw materials leading to higher product prices further limiting their consumption levels among end users across various industries such as batteries & chemicals; food additives; fertilizers; paints; and others (textiles, leathers). There has also been increased pressure towards reducing emissions caused by certain manufacturing processes used for producing manganese sulfates which can further add additional cost burden on manufacturers if not properly managed or governed through environmental policy regulations
Some major players operating in this space include Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC), Jost Chemical Co., United Phosphorus Ltd., Tata Chemicals Ltd., Kothari Ferrites & Minerals Pvt Ltd., Shiva Group Of Industries etc
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Manganese sulphate Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Manganese sulphate Market Revenues & Volume, 2021 & 2031F |
3.3 India Manganese sulphate Market - Industry Life Cycle |
3.4 India Manganese sulphate Market - Porter's Five Forces |
3.5 India Manganese sulphate Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Manganese sulphate Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Manganese sulphate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Manganese sulphate Market Trends |
6 India Manganese sulphate Market, By Types |
6.1 India Manganese sulphate Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Manganese sulphate Market Revenues & Volume, By Type, 2018 - 2031F |
6.1.3 India Manganese sulphate Market Revenues & Volume, By Agricultural Grade, 2018 - 2031F |
6.1.4 India Manganese sulphate Market Revenues & Volume, By Battery Grade, 2018 - 2031F |
6.1.5 India Manganese sulphate Market Revenues & Volume, By Industrial Grade, 2018 - 2031F |
6.2 India Manganese sulphate Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Manganese sulphate Market Revenues & Volume, By Agro-Industries, 2018 - 2031F |
6.2.3 India Manganese sulphate Market Revenues & Volume, By Industrial Fields, 2018 - 2031F |
6.2.4 India Manganese sulphate Market Revenues & Volume, By Batteries, 2018 - 2031F |
7 India Manganese sulphate Market Import-Export Trade Statistics |
7.1 India Manganese sulphate Market Export to Major Countries |
7.2 India Manganese sulphate Market Imports from Major Countries |
8 India Manganese sulphate Market Key Performance Indicators |
9 India Manganese sulphate Market - Opportunity Assessment |
9.1 India Manganese sulphate Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Manganese sulphate Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Manganese sulphate Market - Competitive Landscape |
10.1 India Manganese sulphate Market Revenue Share, By Companies, 2024 |
10.2 India Manganese sulphate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |