According to our (Global Info Research) latest study, the global Mixed Metal Oxide (MMO) Electrode market size was valued at US$ 1181 million in 2025 and is forecast to a readjusted size of US$ 1665 million by 2032 with a CAGR of 5.1% during review period.
In 2025, global MMO electrode production reached approximately 238.5 k Sqm, with an average global market price of around US$4814 per Sqm. Mixed metal oxide (MMO) electrodes, also called Dimensionally Stable Anodes (DSA), are devices with high conductivity and corrosion resistance for use as anodes in electrolysis. They are made by coating a substrate, such as pure titanium plate or expanded mesh, with several kinds of metal oxides. One oxide is usually RuO2, IrO2, or PtO2, which conducts electricity and catalyzes the desired reaction such as the production of chlorine gas. The other metal oxide is typically titanium dioxide which does not conduct or catalyze the reaction, but is cheaper and prevents corrosion of the interior.
The global market for Mixed Metal Oxide (MMO) electrodes is evolving from traditional applications in chlor-alkali, electroplating, and hydrometallurgy into emerging fields like water electrolysis for green hydrogen, fuel cells, and CO₂ conversion. Major electrochemical companies, such as De Nora, have installed over 50,000 DSA anodes worldwide, demonstrating established market penetration. Current development trends focus on creating catalytic coatings for alkaline and PEM water electrolysis to produce green hydrogen, alongside advanced oxidation electrodes for water treatment. Growth opportunities are driven by the global energy transition and circular economy policies, increasing demand for MMO electrodes in green hydrogen production, precious metal recovery, and wastewater purification. However, significant barriers remain: the reliance on expensive and supply‑chain‑critical precious metals like iridium and ruthenium; technical challenges regarding coating durability under harsh operating conditions; and competition from alternative materials such as non‑precious metal catalysts and carbon‑based electrodes.
This report is a detailed and comprehensive analysis for global Mixed Metal Oxide (MMO) Electrode market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Mixed Metal Oxide (MMO) Electrode market size and forecasts, in consumption value ($ Million), sales quantity (K Sqm), and average selling prices (US$/Sq m), 2021-2032
Global Mixed Metal Oxide (MMO) Electrode market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Sqm), and average selling prices (US$/Sq m), 2021-2032
Global Mixed Metal Oxide (MMO) Electrode market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Sqm), and average selling prices (US$/Sq m), 2021-2032
Global Mixed Metal Oxide (MMO) Electrode market shares of main players, shipments in revenue ($ Million), sales quantity (K Sqm), and ASP (US$/Sq m), 2021-2026
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Mixed Metal Oxide (MMO) Electrode
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Mixed Metal Oxide (MMO) Electrode market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Magneto, De Nora, Matcor, Umicore, Uyemura, Jennings Anodes, Farwest Corrosion, Borna Electronics, BAC Corrosion Control, NMT Electrodes, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Mixed Metal Oxide (MMO) Electrode market is split by Type and by Application. For the period 2021-2032, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Oxygen Evolution Anodes
Chlorine Evolution Anodes
Market segment by Coating
Ruthenium-based Coated
Iridium-based Coated
Market segment by Shape
Tube Electrode
Rod Electrode
Ribbon Electrode
Others
Market segment by Application
Electrolytic Copper
Water Treatment
Metal Plating
PCB Plating
Hydrometallurgy
Others
Major players covered
Magneto
De Nora
Matcor
Umicore
Uyemura
Jennings Anodes
Farwest Corrosion
Borna Electronics
BAC Corrosion Control
NMT Electrodes
Matsuda Sangyo
SPF Co., Ltd.
Xian Taijin Industrial Electrochemical Technology
Jiangyin Miracle
Jiangyin Annuo Electrode
Baoji Changli Special Metal
UTron Technology
Zhejiang Yuxi Corrosion Control Corporation
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Mixed Metal Oxide (MMO) Electrode product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Mixed Metal Oxide (MMO) Electrode, with price, sales quantity, revenue, and global market share of Mixed Metal Oxide (MMO) Electrode from 2021 to 2026.
Chapter 3, the Mixed Metal Oxide (MMO) Electrode competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Mixed Metal Oxide (MMO) Electrode breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2021 to 2032.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2021 to 2032.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2021 to 2026.and Mixed Metal Oxide (MMO) Electrode market forecast, by regions, by Type, and by Application, with sales and revenue, from 2027 to 2032.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Mixed Metal Oxide (MMO) Electrode.
Chapter 14 and 15, to describe Mixed Metal Oxide (MMO) Electrode sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Mixed Metal Oxide (MMO) Electrode. Industry analysis & Market Report on Mixed Metal Oxide (MMO) Electrode is a syndicated market report, published as Global Mixed Metal Oxide (MMO) Electrode Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032. It is complete Research Study and Industry Analysis of Mixed Metal Oxide (MMO) Electrode market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.