DUBLIN--(BUSINESS WIRE)--The "Manganese Cathode Market By Technology (Rechargeable and Replaceable), By Applications (Consumer Electronics, Transportation, Industrial and Others) and By Geography - Global Driver, Restraints, Opportunities, Trends, and Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The global manganese cathode market is expected to grow at a CAGR of 10.0% during the forecast period to reach $10.11 billion by 2023.
The replaceable technology is expected to maintain global dominance, which is currently driven by China. Asia Pacific is expected to contribute the highest toward the global manganese cathode market during the forecast period.
The stringent regulations toward environment protection coupled with rising demand for hybrid vehicles have helped the battery market to expand. The developing countries, such as India and China, are significant markets for electronics with promising growth potential and maximum demand for manganese cathode. Asia Pacific is leading the manganese cathode market due to the advantage of having bigger market share for the advanced electronic equipment. North American countries are also developing high demand due to the higher consumer acceptance and large automotive market. Europe is the third largest market for manganese cathode due to heavy industrialization and consumer acceptance. Large infrastructure and high consumer spending in North America and Europe are the factors responsible for increasing demand for manganese cathode in these regions.
The study provides market size information and market trends along with the factors and parameters impacting the market in both short-term and long-term. The study ensures a 360-degree view, bringing out the key insights of the industry in detail. These insights will help the business decision-makers to devise better plans and make informed decisions for future profitability and growth of their businesses. In addition, the study helps venture capitalists in understanding the companies better and make intelligent decisions.
Few of the key players in the manganese cathode market are Targray, Hitachi Chemicals, Exide Industries, Arkema, and Tesla.
- Growing Demand For End-Use Application
- Rising Health Concerns And Stringent Regulatory Environment
- High Price Of The Material
- Low Awareness Of Manganese Or Energy Storage In Emerging Economies
- Technological Development In The Products
- Large Untapped Market In Developing And Underdeveloped Countries
Key Topics Covered:
1 Report Outline
2 Executive Summary
3 Market Positioning
4 Market Outlook
5 Market Characteristics
6 By Technology: Market Size And Analysis
7 End-User: Market Size And Analysis
8 Regions: Market Size And Analysis
9 Companies To Watch For
10 Competitive Landscape
11 Expert's Views
- Exide Industries
- Hitachi Chemicals
For more information about this report visit https://www.researchandmarkets.com/research/l2xjf6/manganese_cathode?w=4