High Purity Manganese Sulphate (HPMSM) Market Size(US$)

CAGR 2025-2031
17.3%
Market Size,2031
USD 955
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for High Purity Manganese Sulphate (HPMSM) was valued at US$ 254 million in the year 2024 and is projected to reach a revised size of US$ 955 million by 2031, growing at a CAGR of 17.3% during the forecast period.
The 2025 U.S. tariff policies introduce profound uncertainty into the global economic landscape. This report critically examines the implications of recent tariff adjustments and international strategic countermeasures on High Purity Manganese Sulphate (HPMSM) competitive dynamics, regional economic interdependencies, and supply chain reconfigurations.
High Purity Manganese Sulphate (HPMSM), also known as Battery-grade manganese sulfate (chemical formula: MnSO₄·H₂O), 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.
Currently the High Purity Manganese Sulphate (HPMSM) are mainly produced and consumed in China.
According to the International Energy Agency (IEA) Global EV Outlook 2024, global electric vehicle sales are projected to reach 17.1 million units in 2024, representing a 25% year-over-year growth, driven by policy support, improved battery economics, and consumer adoption. China leads the market with over 10 million units expected to be sold, accounting for nearly 60% of global sales. Europe follows with approximately 3.5 million units, and the United States with about 1.56 million units, respectively making up 20% and 9% of global sales. On the production side, China is the dominant hub due to its vertically integrated battery and EV manufacturing ecosystem. Meanwhile, Europe and North America are accelerating domestic production to reduce reliance on Asian supply chains. Emerging markets such as India, Southeast Asia, and Latin America, while still nascent, are forecasted to grow at >40% CAGR over the next three years. Looking forward, EV growth will be catalyzed by declining battery costs (targeting <$70/kWh by 2026), expansion of fast-charging infrastructure, and regulatory mandates like zero-emission vehicle (ZEV) programs globally.
Report Scope
This report aims to provide a comprehensive presentation of the global market for High Purity Manganese Sulphate (HPMSM), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding High Purity Manganese Sulphate (HPMSM).
The High Purity Manganese Sulphate (HPMSM) market size, estimations, and forecasts are provided in terms of output/shipments (Tons) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global High Purity Manganese Sulphate (HPMSM) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the High Purity Manganese Sulphate (HPMSM) manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
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
Manganese Ore Route
Electrolytic Manganese Route
Resources Recovery Route
Segment by Application
NCM333
NCM523
NCM622
NCM811
Others
Production by Region
Europe
China
Consumption by Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Southeast Asia
Europe
Germany
France
U.K.
Italy
Russia
Latin America
Mexico
Brazil
Argentina
Middle East and Africa
Turkey
Saudi Arabia
UAE
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of High Purity Manganese Sulphate (HPMSM) manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of High Purity Manganese Sulphate (HPMSM) by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of High Purity Manganese Sulphate (HPMSM) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces 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 10: The main points and conclusions of the report.
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Table of Contents
1 High Purity Manganese Sulphate (HPMSM) Market Overview
1.1 Product Definition
1.2 High Purity Manganese Sulphate (HPMSM) by Type
1.2.1 Global High Purity Manganese Sulphate (HPMSM) Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 Manganese Ore Route
1.2.3 Electrolytic Manganese Route
1.2.4 Resources Recovery Route
1.3 High Purity Manganese Sulphate (HPMSM) by Application
1.3.1 Global High Purity Manganese Sulphate (HPMSM) Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 NCM333
1.3.3 NCM523
1.3.4 NCM622
1.3.5 NCM811
1.3.6 Others
1.4 Global Market Growth Prospects
1.4.1 Global High Purity Manganese Sulphate (HPMSM) Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global High Purity Manganese Sulphate (HPMSM) Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global High Purity Manganese Sulphate (HPMSM) Production Estimates and Forecasts (2020-2031)
1.4.4 Global High Purity Manganese Sulphate (HPMSM) Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global High Purity Manganese Sulphate (HPMSM) Production Market Share by Manufacturers (2020-2025)
2.2 Global High Purity Manganese Sulphate (HPMSM) Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of High Purity Manganese Sulphate (HPMSM), Industry Ranking, 2023 VS 2024
2.4 Global High Purity Manganese Sulphate (HPMSM) Company Type and Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global High Purity Manganese Sulphate (HPMSM) Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of High Purity Manganese Sulphate (HPMSM), Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of High Purity Manganese Sulphate (HPMSM), Product Offered and Application
2.8 Global Key Manufacturers of High Purity Manganese Sulphate (HPMSM), Date of Enter into This Industry
2.9 High Purity Manganese Sulphate (HPMSM) Market Competitive Situation and Trends
2.9.1 High Purity Manganese Sulphate (HPMSM) Market Concentration Rate
2.9.2 Global 5 and 10 Largest High Purity Manganese Sulphate (HPMSM) Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 High Purity Manganese Sulphate (HPMSM) Production by Region
3.1 Global High Purity Manganese Sulphate (HPMSM) Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global High Purity Manganese Sulphate (HPMSM) Production Value by Region (2020-2031)
3.2.1 Global High Purity Manganese Sulphate (HPMSM) Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of High Purity Manganese Sulphate (HPMSM) by Region (2026-2031)
3.3 Global High Purity Manganese Sulphate (HPMSM) Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global High Purity Manganese Sulphate (HPMSM) Production Volume by Region (2020-2031)
3.4.1 Global High Purity Manganese Sulphate (HPMSM) Production by Region (2020-2025)
3.4.2 Global Forecasted Production of High Purity Manganese Sulphate (HPMSM) by Region (2026-2031)
3.5 Global High Purity Manganese Sulphate (HPMSM) Market Price Analysis by Region (2020-2025)
3.6 Global High Purity Manganese Sulphate (HPMSM) Production and Value, Year-over-Year Growth
3.6.1 Europe High Purity Manganese Sulphate (HPMSM) Production Value Estimates and Forecasts (2020-2031)
3.6.2 China High Purity Manganese Sulphate (HPMSM) Production Value Estimates and Forecasts (2020-2031)
4 High Purity Manganese Sulphate (HPMSM) Consumption by Region
4.1 Global High Purity Manganese Sulphate (HPMSM) Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global High Purity Manganese Sulphate (HPMSM) Consumption by Region (2020-2031)
4.2.1 Global High Purity Manganese Sulphate (HPMSM) Consumption by Region (2020-2025)
4.2.2 Global High Purity Manganese Sulphate (HPMSM) Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America High Purity Manganese Sulphate (HPMSM) Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America High Purity Manganese Sulphate (HPMSM) Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe High Purity Manganese Sulphate (HPMSM) Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe High Purity Manganese Sulphate (HPMSM) Consumption by Country (2020-2031)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific High Purity Manganese Sulphate (HPMSM) Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific High Purity Manganese Sulphate (HPMSM) Consumption by Region (2020-2031)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa High Purity Manganese Sulphate (HPMSM) Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa High Purity Manganese Sulphate (HPMSM) Consumption by Country (2020-2031)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global High Purity Manganese Sulphate (HPMSM) Production by Type (2020-2031)
5.1.1 Global High Purity Manganese Sulphate (HPMSM) Production by Type (2020-2025)
5.1.2 Global High Purity Manganese Sulphate (HPMSM) Production by Type (2026-2031)
5.1.3 Global High Purity Manganese Sulphate (HPMSM) Production Market Share by Type (2020-2031)
5.2 Global High Purity Manganese Sulphate (HPMSM) Production Value by Type (2020-2031)
5.2.1 Global High Purity Manganese Sulphate (HPMSM) Production Value by Type (2020-2025)
5.2.2 Global High Purity Manganese Sulphate (HPMSM) Production Value by Type (2026-2031)
5.2.3 Global High Purity Manganese Sulphate (HPMSM) Production Value Market Share by Type (2020-2031)
5.3 Global High Purity Manganese Sulphate (HPMSM) Price by Type (2020-2031)
6 Segment by Application
6.1 Global High Purity Manganese Sulphate (HPMSM) Production by Application (2020-2031)
6.1.1 Global High Purity Manganese Sulphate (HPMSM) Production by Application (2020-2025)
6.1.2 Global High Purity Manganese Sulphate (HPMSM) Production by Application (2026-2031)
6.1.3 Global High Purity Manganese Sulphate (HPMSM) Production Market Share by Application (2020-2031)
6.2 Global High Purity Manganese Sulphate (HPMSM) Production Value by Application (2020-2031)
6.2.1 Global High Purity Manganese Sulphate (HPMSM) Production Value by Application (2020-2025)
6.2.2 Global High Purity Manganese Sulphate (HPMSM) Production Value by Application (2026-2031)
6.2.3 Global High Purity Manganese Sulphate (HPMSM) Production Value Market Share by Application (2020-2031)
6.3 Global High Purity Manganese Sulphate (HPMSM) Price by Application (2020-2031)
7 Key Companies Profiled
7.1 Guizhou Dalong Huicheng New Material
7.1.1 Guizhou Dalong Huicheng New Material High Purity Manganese Sulphate (HPMSM) Company Information
7.1.2 Guizhou Dalong Huicheng New Material High Purity Manganese Sulphate (HPMSM) Product Portfolio
7.1.3 Guizhou Dalong Huicheng New Material High Purity Manganese Sulphate (HPMSM) Production, Value, Price and Gross Margin (2020-2025)
7.1.4 Guizhou Dalong Huicheng New Material Main Business and Markets Served
7.1.5 Guizhou Dalong Huicheng New Material Recent Developments/Updates
7.2 ISKY Chemicals
7.2.1 ISKY Chemicals High Purity Manganese Sulphate (HPMSM) Company Information
7.2.2 ISKY Chemicals High Purity Manganese Sulphate (HPMSM) Product Portfolio
7.2.3 ISKY Chemicals High Purity Manganese Sulphate (HPMSM) Production, Value, Price and Gross Margin (2020-2025)
7.2.4 ISKY Chemicals Main Business and Markets Served
7.2.5 ISKY Chemicals Recent Developments/Updates
7.3 Guizhou Redstar Developing
7.3.1 Guizhou Redstar Developing High Purity Manganese Sulphate (HPMSM) Company Information
7.3.2 Guizhou Redstar Developing High Purity Manganese Sulphate (HPMSM) Product Portfolio
7.3.3 Guizhou Redstar Developing High Purity Manganese Sulphate (HPMSM) Production, Value, Price and Gross Margin (2020-2025)
7.3.4 Guizhou Redstar Developing Main Business and Markets Served
7.3.5 Guizhou Redstar Developing Recent Developments/Updates
7.4 Guizhou Jinrui New Materials
7.4.1 Guizhou Jinrui New Materials High Purity Manganese Sulphate (HPMSM) Company Information
7.4.2 Guizhou Jinrui New Materials High Purity Manganese Sulphate (HPMSM) Product Portfolio
7.4.3 Guizhou Jinrui New Materials High Purity Manganese Sulphate (HPMSM) Production, Value, Price and Gross Margin (2020-2025)
7.4.4 Guizhou Jinrui New Materials Main Business and Markets Served
7.4.5 Guizhou Jinrui New Materials Recent Developments/Updates
7.5 Lantian Chemical
7.5.1 Lantian Chemical High Purity Manganese Sulphate (HPMSM) Company Information
7.5.2 Lantian Chemical High Purity Manganese Sulphate (HPMSM) Product Portfolio
7.5.3 Lantian Chemical High Purity Manganese Sulphate (HPMSM) Production, Value, Price and Gross Margin (2020-2025)
7.5.4 Lantian Chemical Main Business and Markets Served
7.5.5 Lantian Chemical Recent Developments/Updates
7.6 Guangxi Yuding New Materials
7.6.1 Guangxi Yuding New Materials High Purity Manganese Sulphate (HPMSM) Company Information
7.6.2 Guangxi Yuding New Materials High Purity Manganese Sulphate (HPMSM) Product Portfolio
7.6.3 Guangxi Yuding New Materials High Purity Manganese Sulphate (HPMSM) Production, Value, Price and Gross Margin (2020-2025)
7.6.4 Guangxi Yuding New Materials Main Business and Markets Served
7.6.5 Guangxi Yuding New Materials Recent Developments/Updates
7.7 Vibrantz Technologies Inc. (Prince)
7.7.1 Vibrantz Technologies Inc. (Prince) High Purity Manganese Sulphate (HPMSM) Company Information
7.7.2 Vibrantz Technologies Inc. (Prince) High Purity Manganese Sulphate (HPMSM) Product Portfolio
7.7.3 Vibrantz Technologies Inc. (Prince) High Purity Manganese Sulphate (HPMSM) Production, Value, Price and Gross Margin (2020-2025)
7.7.4 Vibrantz Technologies Inc. (Prince) Main Business and Markets Served
7.7.5 Vibrantz Technologies Inc. (Prince) Recent Developments/Updates
7.8 Guizhou Manganese Mineral Group
7.8.1 Guizhou Manganese Mineral Group High Purity Manganese Sulphate (HPMSM) Company Information
7.8.2 Guizhou Manganese Mineral Group High Purity Manganese Sulphate (HPMSM) Product Portfolio
7.8.3 Guizhou Manganese Mineral Group High Purity Manganese Sulphate (HPMSM) Production, Value, Price and Gross Margin (2020-2025)
7.8.4 Guizhou Manganese Mineral Group Main Business and Markets Served
7.8.5 Guizhou Manganese Mineral Group Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 High Purity Manganese Sulphate (HPMSM) Industry Chain Analysis
8.2 High Purity Manganese Sulphate (HPMSM) Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 High Purity Manganese Sulphate (HPMSM) Production Mode & Process Analysis
8.4 High Purity Manganese Sulphate (HPMSM) Sales and Marketing
8.4.1 High Purity Manganese Sulphate (HPMSM) Sales Channels
8.4.2 High Purity Manganese Sulphate (HPMSM) Distributors
8.5 High Purity Manganese Sulphate (HPMSM) Customer Analysis
9 High Purity Manganese Sulphate (HPMSM) Market Dynamics
9.1 High Purity Manganese Sulphate (HPMSM) Industry Trends
9.2 High Purity Manganese Sulphate (HPMSM) Market Drivers
9.3 High Purity Manganese Sulphate (HPMSM) Market Challenges
9.4 High Purity Manganese Sulphate (HPMSM) Market Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Table of Figures
List of Tables
List of Figures
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