(1) Manganese-zinc soft magnetic ferrite industry
Due to the development of new industries such as mobile communications, fiber optic communications, EMC, digital TV, new lighting fixtures, new energy vehicles and rail transit, new energy, wireless charging, and the continuous growth of the home appliance industry and industries such as computers, fax machines, and program-controlled switches, the application range and market demand for soft magnetic ferrite continue to grow. As one of the main raw materials for soft magnetic ferrite, Mn3O4 industry will develop benefiting from soft magnetic ferrite and have broad development prospects.
(2) Resistor industry
In recent years, the domestic resistor industry has been intensively improving product performance, and Mn3O4 has certain conditions to enhance the performance of resistor materials. Many resistor manufacturers are in the experimental or semi-industrial experimental stage. Once conditions are mature, domestic Mn3O4 will fully replace imported Mn3O4, leading resistor companies to use Mn3O4 instead of manganese dioxide, expanding the market space for Mn3O4 in the resistor industry.
(3) Petroleum drilling mud weighting agent
Petroleum drilling mud weighting agents have high requirements for loose specific weight. Currently, the domestic market is still in the development stage. If Mn3O4 companies can seize this opportunity and actively promote the development of Mn3O4 in the field of weighting agents, they will gain a market advantage.
(4) LMO industry
In the LMO industry, most companies are experimenting with replacing EMD with Mn3O4 to produce LMO products with better performance and price competitiveness. Mn3O4 companies can take advantage of this opportunity to develop battery-grade Mn3O4 suitable for LMO, which will also bring broader opportunities for Mn3O4.
