Cobalt Hydroxide Market

Cobalt Hydroxide is a highly water insoluble crystalline Cobalt source for uses compatible with higher (basic) pH environments. Cobalt(II) hydroxide is most used as a drying agent for paints, varnishes, and inks, in the preparation of other cobalt compounds, as a catalyst and in the manufacture of battery electrodes. The report covers refined cobalt hydroxide with a refined cobalt content of over 61%.

Cobalt Hydroxide Market aims to provide a comprehensive presentation of the global market for Cobalt Hydroxide, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Cobalt Hydroxide. Cobalt Hydroxide Market contains market size and forecasts of Cobalt Hydroxide in global, including the following market information:

Global Cobalt Hydroxide Market Revenue, 2018-2023, 2024-2029, ($ millions)

Global Cobalt Hydroxide Market Sales, 2018-2023, 2024-2029, (MT)

Global top five Cobalt Hydroxide companies in 2022 (%)

The global Cobalt Hydroxide market was valued at US$ 153.9 million in 2022 and is projected to reach US$ 276.2 million by 2029, at a CAGR of 8.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Global key players of Cobalt Hydroxide include Umicore, Huayou Cobalt, Freeport Cobalt, Great Power and ICoNiChem, etc. Top two players occupy for a share about 58%. Asia Pacific is the largest market, with a share about 68%, followed by North America and Europe. In terms of product, Industrial Grade is the largest segment, with a share over 83%. In terms of application, Cobalt Compound Preparation is the largest market, with a share over 66%.

We surveyed the Cobalt Hydroxide manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Cobalt Hydroxide Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (MT)

Global Cobalt Hydroxide Market Segment Percentages, by Type, 2022 (%)

Industrial Grade

Battery Grade

Global Cobalt Hydroxide Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (MT)

Global Cobalt Hydroxide Market Segment Percentages, by Application, 2022 (%)

Cobalt Compound Preparation

Drying Agent In Paints/Inks

Battery Electrode Manufacturing

Others

Global Cobalt Hydroxide Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (MT)

Global Cobalt Hydroxide Market Segment Percentages, By Region and Country, 2022 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Cobalt Hydroxide revenues in global market, 2018-2023 (Estimated), ($ millions)

Key companies Cobalt Hydroxide revenues share in global market, 2022 (%)

Key companies Cobalt Hydroxide sales in global market, 2018-2023 (Estimated), (MT)

Key companies Cobalt Hydroxide sales share in global market, 2022 (%)

Further, the report presents profiles of competitors in the market, key players include:

Freeport Cobalt

The Shepherd Chemical Company

Umicore

Huayou Cobalt

Great Power

Hanrui Cobalt

Xinwei Nickel & Cobalt

ALT Cobalt & Nickel Products

ICoNiChem

Outline of Major Chapters:

Chapter 1: Introduces the definition of Cobalt Hydroxide, market overview.

Chapter 2: Global Cobalt Hydroxide market size in revenue and volume.

Chapter 3: Detailed analysis of Cobalt Hydroxide manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Cobalt Hydroxide in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global Cobalt Hydroxide capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.