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The cobalt sulfate market is forecasted to grow by USD 502.9 mn during 2023-2028, accelerating at a CAGR of 6.52% during the forecast period. The report on the cobalt sulfate 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 increased demand for cobalt sulfate due to the growth of the electric vehicle industry, the enlarged expansion of the smartphone industry, and the expanded recyclable properties of cobalt.
The cobalt sulfate market is segmented as below:
By Application
- Battery
- Pigment
- Others
By Grade Type
- Battery grade
- Industrial grade
- Agriculture and feed grade
By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
The report on the cobalt sulfate market covers the following areas:
- Cobalt sulfate market sizing
- Cobalt sulfate market forecast
- Cobalt sulfate 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 in addition to 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 research - both primary and secondary. 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 Application
7 Market Segmentation by Grade Type
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 sulfate market: Anglo American plc, Australian Mines Ltd., Dalian Aote Cobalt Nickel New Material Manufacturing Co., DECCAN SULPHATE, Dhruv Chemicals, Freeport McMoRan Inc., Ganzhou Tengyuan Cobalt New Materials Co. Ltd., GEM Co. Ltd., Hunter Chemical LLC, INCASA SA, Jervois Global Ltd., Merck KGaA, Nantong Xinwei Nickel and Cobalt Hightech Development Co. Ltd., PARSHVA CHEMICALS, Parth Industries, PJSC MMC Norilsk Nickel, Umicore SA, Vedanta Ltd, Zhangjiagang Huayi Chemical Co. Ltd., and Zhejiang Huayou Cobalt Co. Ltd.Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is increased emergence of primary cobalt mines.'
According to the report, one of the major drivers for this market is the increased demand for cobalt sulfate due to 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 in addition to 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:
- Anglo American plc
- Australian Mines Ltd.
- Dalian Aote Cobalt Nickel New Material Manufacturing Co.
- DECCAN SULPHATE
- Dhruv Chemicals
- Freeport McMoRan Inc.
- Ganzhou Tengyuan Cobalt New Materials Co. Ltd.
- GEM Co. Ltd.
- Hunter Chemical LLC
- INCASA SA
- Jervois Global Ltd.
- Merck KGaA
- Nantong Xinwei Nickel and Cobalt Hightech Development Co. Ltd.
- PARSHVA CHEMICALS
- Parth Industries
- PJSC MMC Norilsk Nickel
- Umicore SA
- Vedanta Ltd
- Zhangjiagang Huayi Chemical Co. Ltd.
- Zhejiang Huayou Cobalt Co. Ltd.