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The cobalt market is forecasted to grow by USD 8.01 bn during 2023-2028, accelerating at a CAGR of 12.73% during the forecast period. The report on the cobalt market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the growth of the electric vehicle industry, increasing demand for superalloys in the aerospace industry, and a rise in demand for lightweight materials.
The cobalt market is segmented as below:
By Type
- Cobalt sulfate
- Cobalt oxide
- Cobalt metal
By Application
- Batteries and electronics
- Super alloys
- Pigments
- Hard materials
- Others
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
The report on the cobalt market covers the following areas:
- Cobalt market sizing
- Cobalt market forecast
- Cobalt market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape and an analysis of the key vendors.
The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global cobalt market: Ambatovy, BHP Group plc, China Molybdenum Co. Ltd., COBALT CORP., ELECTRA BATTERY MATERIALS CORP., Eramet, European Cobalt Ltd., Freeport McMoRan Inc., Glencore Plc, Jervois Global Ltd., Missouri Cobalt LLC, MMG Ltd., PJSC MMC Norilsk Nickel, Red Rock Resources plc, Sherritt International Corp., Sumitomo Metal Mining Co. Ltd., Umicore SA, Vale SA, Zhejiang Huayou Cobalt Co. Ltd., and Eurasian Resources Group.Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is increasing cobalt mining projects.'
According to the report, one of the major drivers for this market is the growth of the electric vehicle industry.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape and a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Ambatovy
- BHP Group plc
- China Molybdenum Co. Ltd.
- COBALT CORP.
- ELECTRA BATTERY MATERIALS CORP.
- Eramet
- European Cobalt Ltd.
- Freeport McMoRan Inc.
- Glencore Plc
- Jervois Global Ltd.
- Missouri Cobalt LLC
- MMG Ltd.
- PJSC MMC Norilsk Nickel
- Red Rock Resources plc
- Sherritt International Corp.
- Sumitomo Metal Mining Co. Ltd.
- Umicore SA
- Vale SA
- Zhejiang Huayou Cobalt Co. Ltd.
- Eurasian Resources Group.
