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Electrolytic Cobalt Market, Global Outlook and Forecast 2023-2030

Electrolytic Cobalt Market, Global Outlook and Forecast 2023-2030

  • Published on : 11 December 2023
  • Pages :72
  • Report Code:SMR-7874171

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Report overview

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

The USA market for Global Electrolytic Cobalt market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

The China market for Global Electrolytic Cobalt market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

The Europe market for Global Electrolytic Cobalt market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

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

  • Global Electrolytic Cobalt Market Revenue, 2018-2023, 2024-2030, ($ millions)
  • Global Electrolytic Cobalt Market Sales, 2018-2023, 2024-2030, (K MT)
  • Global top five Electrolytic Cobalt companies in 2022 (%)
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Above 99.8% Segment to Reach $ Million by 2029, 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 2022, 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, 2018-2023, 2024-2030 ($ Millions) & (K MT)
Global Electrolytic Cobalt Market Segment Percentages, by Type, 2022 (%)
  • Above 99.8%
  • Above 99.9%
Global Electrolytic Cobalt Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (K MT)
Global Electrolytic Cobalt Market Segment Percentages, by Application, 2022 (%)
  • Aerospace Industry
  • Power Generators
  • Chemical Industry
  • Others
Global Electrolytic Cobalt Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (K MT)
Global Electrolytic Cobalt Market Segment Percentages, By Region and Country, 2022 (%)
  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
  • The Middle East and Africa (Middle East, Africa)
  • South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
  • Key companies Electrolytic Cobalt revenues in global market, 2018-2023 (Estimated), ($ millions)
  • Key companies Electrolytic Cobalt revenues share in global market, 2022 (%)
  • Key companies Electrolytic Cobalt sales in global market, 2018-2023 (Estimated), (K MT)
  • Key companies Electrolytic Cobalt sales share in global market, 2022 (%)
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
Outline of Major Chapters:
Chapter 1: Introduces the definition of Electrolytic Cobalt, market overview.
Chapter 2: Global Electrolytic Cobalt market size in revenue and volume.
Chapter 3: Detailed analysis of Electrolytic Cobalt 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 Electrolytic Cobalt 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 Electrolytic Cobalt 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.