The Manganese Alloys Market report explores the international and Southeast Asia major industry players in detail. In this part, the report presents the company profile, product specifications, capacity, production value, and 2013-2018 market shares for each company.
DUBLIN, United States – January 9, 2019 —
Manganese Alloys Market, 2018-2023
Manganese alloy also called as mangalloy is an alloy steel that contains approximately 13% manganese. They are made by alloying steel which has 0.8% to 1.25% carbon content along with 11% to 15% alloy content. Manganese alloys are unique non-magnetic steel displaying anti-wear properties, and they are highly resistant to abrasion and can achieve up to three times its surface hardness upon impact. Manganese alloys are usually used in surfaces critical flat steel products such as sheets and plates and few long steel products such as consumer appliances, pipes, and tubes for the oil and gas industry and rails among others.
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Market Analysis Manganese Alloys Market:
The ‘Global and Southeast Asia Manganese Alloys Market, 2013-2023 Research Report’ is a professional and in-depth study on the current state of the global Manganese Alloys industry with a focus on the Southeast Asia market. The report provides key statistics on the market status of the Manganese Alloys manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry
Research and Development of this Manganese Alloys Market:
Manganese is considered to be the world’s fourth largest consumed metal as they are widely used to improve the strength of certain steel including structural steel and high strength flat steel. Rising construction activities across the globe is one of the key factors responsible for the growth of the manganese alloys market at present. China, India, Japan, Germany, and the U.S. are the five major construction markets in the world, and these countries have a heavy impact on the growth of the manganese alloys market. Moreover, rising demand for high strength steel from the automotive sector is another major factor driving market growth.
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Asia Pacific dominated the demand and supply of manganese alloys accounting for more than 65% of the market in 2018, followed by Europe. China is the frontrunner to the growth of the industry in Asia Pacific. The Chinese earthquake/building resistance standards are expected to strengthen in the coming years, thus resulting in higher manganese content in steel, especially rebar. Further, strong demand for manganese alloys in India and other emerging nations in Asia Pacific is expected to drive the growth of manganese alloys in the coming years as well.
The statistical analysis, the report depicts the global and Southeast Asia total market of Manganese Alloys industry including capacity, production, production value, cost/profit, supply/demand and Southeast Asia import/export. The total market is further divided by company, by country, and by application/type for the competitive landscape analysis. The report then estimates 2018-2023 market development trends of Manganese Alloys industry. Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out. In the end, the report makes some important proposals for a new project of Manganese Alloys Industry before evaluating its feasibility. Overall, the report provides an in-depth insight of 2013-2023 global and Southeast Asia Manganese Alloys industry covering all important parameters.
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This news is published on Reuters.