Electrolytic manganese dioxide (EMD) is a high purity material used in the production of lithium-ion (Li-ion) cathodes, alkaline and sodium batteries, including electrochemical capacitors and hydrogen production. The electrolytic manganese dioxide (EMD) based electrode in lithium-ion batteries offers a longer power storage time.
The global electrolytic manganese dioxide (EMD) market size is expected to reach US$ 750 million by 2025 from US$ 350 million in 2018.
The primary growth driver for electrolytic manganese dioxide is the rising demand for energy storage around the world. The increasing use of energy storage devices such as batteries in automotive and power grids is boosting the market growth. The demand for EMD will also be driven by its use in lithium-ion batteries and zinc-carbon batteries which will encourage companies to increase electrolytic manganese dioxide production. They are continuously seeking to develop new and better ways of producing EMD.
The growing demand for electric vehicles (EV), together with government incentives promoting EV technology, will have a positive impact on the growth of the global electrolytic manganese dioxide market. Moreover, the growing demand for electrolytic manganese dioxide for water treatment will also stimulate market growth in the coming years.
The hydrometallurgical method is a new progressive development in EMD industry, which is an alternative way of removing manganese from the low-quality ores of manganese oxide. It is capable of converting manganese oxides into pure and high-quality EMD and is used further in lithium-ion and alkaline batteries production.
The hottest trend in the industry is the increase in renewable energy like solar and wind power technologies. The growing demand for solar and wind energy systems batteries creates demand in the electrolytic manganese dioxide market.
The availability of electrolytic manganese dioxide substitutes poses a major market challenge. Furthermore, the instability of manganese prices is projected to have a negative impact on EMD demand. Also, the environmental rules on battery disposal are a major impediment for market growth.