Electrolytic cobalt can be applied to a wide array of purposes as an alloy element for special steels or magnetic materials (magnets), etc. Especially in recent times, its strong magnetism is utilized for small headphones or small motors. It is also attracting attention as an indispensable material for the aerospace industry, power generators, tool steels, etc., due to its two characteristics of being superior in abrasion resistance and heat resistance.
This report contains market size and forecasts of Electrolytic Cobalt in global, including the following market information:
- Global Electrolytic Cobalt Market Revenue, 2017-2022, 2023-2028, ($ millions)
- Global Electrolytic Cobalt Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five Electrolytic Cobalt companies in 2021 (%)
The global Electrolytic Cobalt market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Above 99.8% Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Electrolytic Cobalt include Sumitomo Metal Mining (SMM), Nornickel, OM Group, Cometal, Freeport Cobalt, Hanrui Cobalt and Umicore, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Electrolytic Cobalt 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 Electrolytic Cobalt Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Electrolytic Cobalt Market Segment Percentages, by Type, 2021 (%)
Global Electrolytic Cobalt Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Electrolytic Cobalt Market Segment Percentages, by Application, 2021 (%)
- Aerospace Industry
- Power Generators
- Chemical Industry
- Others
Global Electrolytic Cobalt Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Electrolytic Cobalt Market Segment Percentages, By Region and Country, 2021 (%)
- 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 Electrolytic Cobalt revenues in global market, 2017-2022 (Estimated), ($ millions)
- Key companies Electrolytic Cobalt revenues share in global market, 2021 (%)
- Key companies Electrolytic Cobalt sales in global market, 2017-2022 (Estimated), (K MT)
- Key companies Electrolytic Cobalt sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Sumitomo Metal Mining (SMM)
- Nornickel
- OM Group
- Cometal
- Freeport Cobalt
- Hanrui Cobalt
- Umicore
