2025年锰酸锂市场盘点：出货量13.2万吨创历史新高，博石高科蝉联第一

Core Viewpoint - The article highlights the growth and competitive landscape of the lithium manganese oxide market, projecting a significant increase in shipment volumes and emphasizing the dominance of key players in the industry [1][3]. Group 1: Shipment Volume and Market Share - The shipment volume of lithium manganese oxide is expected to reach 132,000 tons by 2025, representing a year-on-year growth of 15.4% [1]. - BoShi High-Tech remains the leader in shipment volume, approaching 40,000 tons, maintaining a significant lead over competitors [3]. - The market concentration is high, with BoShi High-Tech holding over 30% market share, and the top five companies accounting for over 70% of the market [4]. Group 2: Cost and Supply Dynamics - The cost of manganese sources has surged due to supply constraints, cost support, and improved demand, with expectations of continued price increases into 2026 [6]. - Companies like BoShi High-Tech, which have established a complete industrial chain from manganese mining to lithium manganese oxide production, are better positioned to manage these cost pressures [6]. Group 3: Innovation and Future Outlook - BoShi High-Tech is investing in the development of high-voltage nickel manganese lithium materials, which are seen as the future direction for manganese oxide enterprises due to their superior performance characteristics [8]. - The penetration rate of lithium batteries in various applications, including two-wheeled vehicles, digital tools, energy storage, and automotive power, is expected to increase, with total shipments projected to reach 150,000 tons in 2026 [8].