Toluene diisocyanate manufacturer News Manganese sulfate has a wide range of applications and the market for electronic grade manganese sulfate is growing rapidly.

Manganese sulfate has a wide range of applications and the market for electronic grade manganese sulfate is growing rapidly.

Manganese sulfate has a wide range of applications and the electronic grade manganese sulfate market is growing rapidly

Manganese sulfate is an inorganic compound that usually exists in the form of hydrates, which are reddish rhombic crystals. Manganese sulfate is easily soluble in water, insoluble in ethanol, odorless, non-flammable, easily deliquescent, and can be decomposed at high temperatures. Depending on the degree of heating, manganese sulfate can release SO3, SO2 or oxygen, and the residue is manganese dioxide or trioxide. manganese. In the industrial field, manganese sulfate is mainly produced from manganese dioxide ore powder, pyrite powder, and sulfuric acid.

Manganese sulfate is an important basic inorganic salt with a wide range of downstream applications. In the agricultural field, manganese sulfate can be added as a trace element to fertilizers and feeds to achieve the purposes of increasing production, fertilization, and growth promotion. In the chemical industry, manganese sulfate is used to manufacture manganese. The raw material of salt is also widely used in coatings, papermaking, ceramics, electronics, textiles and other fields. In recent years, thanks to my country’s sustained economic growth, the market demand for manganese sulfate has been continuously released, and the industry scale has expanded accordingly.

According to the “2022-2026 China Manganese Sulfate Industry Market In-depth Research and Development Prospects Forecast Report released by the Industrial Research Center, in 2020 In 2021, the outbreak of the new coronavirus pneumonia epidemic had a huge impact on the global economy, and the scale of the manganese sulfate market shrank accordingly. However, with the successful development of the new coronavirus vaccine, the global economy began to recover, and the manganese sulfate market achieved substantial growth. In 2021, the global manganese sulfate market The scale exceeded 3.1 billion yuan. It is expected that the global manganese sulfate market will maintain an average annual compound growth rate of about 12.4% from 2022 to 2026.

According to different application fields, manganese sulfate can be divided into electronic grade manganese sulfate, fertilizer grade manganese sulfate, industrial grade manganese sulfate, etc. In recent years, thanks to the rapid development of new energy vehicles, consumer electronics and other industries, the electronic grade manganese sulfate market has developed rapidly , its growth rate is higher than that of traditional markets. In 2021, global electronic-grade manganese sulfate sales will reach 224,000 tons, accounting for approximately 40% of manganese sulfate sales. In the future, with the development of downstream markets, the electronic-grade manganese sulfate market still has room for growth.

Manganese sulfate production capacity is mainly distributed in China, India and South America, and consumer markets are distributed in Europe, North America, Asia and other regions. Globally, my country is the largest manganese sulfate production and consumption region. In 2021, domestic manganese sulfate production accounted for approximately two-thirds of the world’s production. In China, the main manganese sulfate manufacturers include Huicheng New Materials, Guizhou Hongxing Development, Guangxi Esokai New Materials, Xiangtan Electrochemical, CITIC Dameng, Hunan Huitong, Xinglong New Energy Materials, Qinzhou Lantian Chemical, etc.

Industry analysts said that manganese sulfate has a wide range of applications. In recent years, my country’s economy has continued to develop, providing broad development for the manganese sulfate market. Space, at this stage, my country has become the world’s largest producer and consumer of manganese sulfate. There are many manganese sulfate production enterprises in my country. Under fierce market competition, strict environmental protection policies, and supply-side structural reforms, backward enterprises have gradually withdrawn from the market. The manganese sulfate industrial structure has been optimized, and the industry has been upgraded to high-end and high-purification directions.

This article is from the Internet, does not represent the position of Toluene diisocyanate reproduced please specify the source.https://www.allhdi.com/archives/32138

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