Cobalt Sulphate Market

Cobalt sulfate is an inorganic, divalent cobalt salt of sulfuric acid, represented by the chemical formula, CoSO4. It is an odorless reddish metallic salt, which is readily soluble in water and methanol. Cobalt oxide or other cobalt derivatives are dissolved in dilute sulfuric acid, which crystallizes to form cobalt sulfate. In addition, large amount of cobalt sulfate is produced as a by-product during the manufacturing of various metals, such as nickel and copper.

Cobalt Sulphate Market aims to provide a comprehensive presentation of the global market for Cobalt Sulphate, 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 Sulphate. Cobalt Sulphate Market contains market size and forecasts of Cobalt Sulphate in global, including the following market information:

Global Cobalt Sulphate Market Revenue, 2018-2023, 2024-2030, ($ millions)

Global Cobalt Sulphate Market Sales, 2018-2023, 2024-2030, (K MT)

Global top five Cobalt Sulphate companies in 2022 (%)

The global Cobalt Sulphate market was valued at US$ 862.9 million in 2022 and is projected to reach US$ 1079.8 million by 2030, at a CAGR of 3.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

The global cobalt sulphate market is segmented based on application and region. Based on application, it is bifurcated into super alloy, hard facing/HSS & other alloy, magnet, hard material, catalyst, color, and battery, and others. Super alloys are high-performance alloys, used in situations that require exceptional properties, such as high mechanical strength, resistance to high temperatures, corrosion, and other stress situations. Besides the batteries segment, a major share of the cobalt sulphate industry has accounted by the super alloys segment due to their applications in aircraft manufacturing.

We surveyed the Cobalt Sulphate 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 Sulphate Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (K MT)

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

Battery

Pigment

Global Cobalt Sulphate Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (K MT)

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

Super Alloy

Hard Facing/ HSS & Other Alloy

Magnet

Hard Material

Catalyst

Color

Battery

Others

Global Cobalt Sulphate Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (K MT)

Global Cobalt Sulphate 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 Sulphate revenues in global market, 2018-2023 (Estimated), ($ millions)

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

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

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

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

Freeport Cobalt Oy

Ganzhou Tengyuan Cobalt Industrial Co., Ltd

Jiayuan Cobalt Holdings

Jilin Jien Nickel Industry Co., Ltd.

Jinchuan Group Co., Ltd.

Nickel & Cobalt Hightech Development

Nicomet Industries Limited

MMC Norilsk Nickel

Umicore

Zhangjiagang Huayi Chemical Co. Ltd.

Dalian Ruiyuan

Hebei Kingway

Nantong Xinwei

Outline of Major Chapters:

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

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

Chapter 3: Detailed analysis of Cobalt Sulphate 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 Sulphate 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 Sulphate 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.