Research Summary
Cobalt is a chemical element with the symbol Co and atomic number 27. It is a hard, lustrous, and silvery metal that belongs to the transition metal group. Cobalt is commonly found in the Earth＇s crust and is widely distributed in the form of ores, such as cobaltite, erythrite, and smaltite. It has a variety of industrial applications, including in the production of high-strength alloys used in aircraft engines, gas turbines, and magnets. Cobalt-based alloys are also used in the medical field for dental prosthetics and orthopedic implants. Additionally, cobalt is a crucial component in lithium-ion batteries, which power various electronic devices and electric vehicles. Cobalt compounds are used as pigments in ceramics, glass, and paint industries, with cobalt blue being a well-known example. However, it＇s important to note that cobalt mining and processing can have environmental and social challenges, and efforts are being made to ensure responsible sourcing of this valuable metal.
According to DIResearch's in-depth investigation and research, the global Cobalt market size was valued at XX Million USD in 2024 and is projected to reach XX Million USD by 2032, with a CAGR of XX% (2025-2032). Notably, the China market has changed rapidly in the past few years. By 2024, China's market size is expected to be XX Million USD, representing approximately XX% of the global market share. By 2032, it is anticipated to grow further to XX Million USD, contributing XX% to the worldwide market share.
The major global manufacturers of Cobalt include Green Eco-Manufacturer, Jinchuan Group, Hanrui Cobalt, Nantong Xinwei Nickel & Cobalt, Yantai CASH Industrial, Shandong Jinling Mining, Umicore etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of Cobalt. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Cobalt market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include North America, Europe, China, APAC (excl. China), Latin America and Middle East and Africa, covering the Cobalt market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Cobalt industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of Cobalt Include:
Green Eco-Manufacturer
Jinchuan Group
Hanrui Cobalt
Nantong Xinwei Nickel & Cobalt
Yantai CASH Industrial
Shandong Jinling Mining
Umicore
Cobalt Product Segment Include:
Electrolytic Cobalt
Cobalt Powder
Cobalt Product Application Include:
Cobalt-based Alloys
Permanent Magnetic Materials
Catalyst
Others
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trends
Chapter 2: Global Cobalt Capacity and Production Analysis
Chapter 3: Global Cobalt Industry PESTEL Analysis
Chapter 4: Global Cobalt Industry Porter's Five Forces Analysis
Chapter 5: Global Cobalt Major Regional Market Size (Revenue, Sales, Price) and Forecast Analysis
Chapter 6: Global Cobalt Market Size and Forecast by Type and Application Analysis
Chapter 7: North America Cobalt Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 8: Europe Cobalt Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 9: China Cobalt Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 10: APAC (Excl. China) Cobalt Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 11: Latin America Cobalt Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 12: Middle East and Africa Cobalt Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 13: Global Cobalt Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 14: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)
Chapter 15: Industrial Chain Analysis, Include Raw Material Suppliers, Distributors and Customers
Chapter 16: Research Findings and Conclusion
Chapter 17: Methodology and Data Sources
- 1 Cobalt Market Overview
- 1.1 Product Definition and Statistical Scope
- 1.2 Cobalt Product by Type
- 1.2.1 Electrolytic Cobalt
- 1.2.2 Cobalt Powder
- 1.3 Cobalt Product by Application
- 1.3.1 Cobalt-based Alloys
- 1.3.2 Permanent Magnetic Materials
- 1.3.3 Catalyst
- 1.3.4 Others
- 1.4 Global Cobalt Market Revenue and Sales Analysis
- 1.4.1 Global Cobalt Revenue Market Size Analysis (2020-2032)
- 1.4.2 Global Cobalt Sales Market Size Analysis (2020-2032)
- 1.4.3 Global Cobalt Market Sales Price Trend Analysis (2020-2032)
- 1.5 Cobalt Industry Trends and Innovation
- 1.5.1 Cobalt Industry Trends and Innovation
- 1.5.2 Cobalt Market Drivers and Challenges
- 2 Global Cobalt Capacity and Production Analysis
- 2.1 Global Cobalt Capacity, Production and Utilization (2020-2032)
- 2.2 Global Cobalt Production Growth Trend by Region: 2024 VS 2025 VS 2030
- 2.3 Global Cobalt Production by Region
- 2.3.1 Global Cobalt Production by Region (2020-2025)
- 2.3.2 Global Cobalt Production Forecast by Region (2026-2032)
- 2.3.3 Global Cobalt Production Market Share by Region (2020-2032)
- 3 Cobalt Market PESTEL Analysis
- 3.1 Political Factors Analysis
- 3.2 Economic Factors Analysis
- 3.3 Social Factors Analysis
- 3.4 Technological Factors Analysis
- 3.5 Environmental Factors Analysis
- 3.6 Legal Factors Analysis
- 4 Cobalt Market Porter's Five Forces Analysis
- 4.1 Competitive Rivalry
- 4.2 Threat of New Entrants
- 4.3 Bargaining Power of Suppliers
- 4.4 Bargaining Power of Buyers
- 4.5 Threat of Substitutes
- 5 Global Cobalt Market Analysis by Regions
- 5.1 Cobalt Overall Market: 2024 VS 2025 VS 2032
- 5.2 Global Cobalt Revenue and Forecast Analysis (2020-2032)
- 5.2.1 Global Cobalt Revenue and Market Share by Region (2020-2025)
- 5.2.2 Global Cobalt Revenue and Market Forecast by Region (2026-2032)
- 5.3 Global Cobalt Sales and Forecast Analysis (2020-2032)
- 5.3.1 Global Cobalt Sales and Market Share by Region (2020-2025)
- 5.3.2 Global Cobalt Sales and Market Forecast by Region (2026-2032)
- 5.4 Global Cobalt Sales Price Trend Analysis (2020-2032)
- 6 Global Cobalt Market Size by Type and Application
- 6.1 Global Cobalt Market Size by Type
- 6.1.1 Global Cobalt Revenue and Forecast Analysis by Type (2020-2032)
- 6.1.2 Global Cobalt Sales and Forecast Analysis by Type (2020-2032)
- 6.2 Global Cobalt Market Size by Application
- 6.2.1 Global Cobalt Revenue and Forecast Analysis by Application (2020-2032)
- 6.2.2 Global Cobalt Sales and Forecast Analysis by Application (2020-2032)
- 7 North America
- 7.1 North America Cobalt Market Size and Growth Rate Analysis (2020-2032)
- 7.2 North America Key Manufacturers Analysis
- 7.3 North America Cobalt Market Size by Type
- 7.3.1 North America Cobalt Sales by Type (2020-2032)
- 7.3.2 North America Cobalt Revenue by Type (2020-2032)
- 7.4 North America Cobalt Market Size by Application
- 7.4.1 North America Cobalt Sales by Application (2020-2032)
- 7.4.2 North America Cobalt Revenue by Application (2020-2032)
- 7.5 North America Cobalt Market Size by Country
- 7.5.1 US
- 7.5.2 Canada
- 8 Europe
- 8.1 Europe Cobalt Market Size and Growth Rate Analysis (2020-2032)
- 8.2 Europe Key Manufacturers Analysis
- 8.3 Europe Cobalt Market Size by Type
- 8.3.1 Europe Cobalt Sales by Type (2020-2032)
- 8.3.2 Europe Cobalt Revenue by Type (2020-2032)
- 8.4 Europe Cobalt Market Size by Application
- 8.4.1 Europe Cobalt Sales by Application (2020-2032)
- 8.4.2 Europe Cobalt Revenue by Application (2020-2032)
- 8.5 Europe Cobalt Market Size by Country
- 8.5.1 Germany
- 8.5.2 France
- 8.5.3 United Kingdom
- 8.5.4 Italy
- 8.5.5 Spain
- 8.5.6 Benelux
- 9 China
- 9.1 China Cobalt Market Size and Growth Rate Analysis (2020-2032)
- 9.2 China Key Manufacturers Analysis
- 9.3 China Cobalt Market Size by Type
- 9.3.1 China Cobalt Sales by Type (2020-2032)
- 9.3.2 China Cobalt Revenue by Type (2020-2032)
- 9.4 China Cobalt Market Size by Application
- 9.4.1 China Cobalt Sales by Application (2020-2032)
- 9.4.2 China Cobalt Revenue by Application (2020-2032)
- 10 APAC (excl. China)
- 10.1 APAC (excl. China) Cobalt Market Size and Growth Rate Analysis (2020-2032)
- 10.2 APAC (excl. China) Key Manufacturers Analysis
- 10.3 APAC (excl. China) Cobalt Market Size by Type
- 10.3.1 APAC (excl. China) Cobalt Sales by Type (2020-2032)
- 10.3.2 APAC (excl. China) Cobalt Revenue by Type (2020-2032)
- 10.4 APAC (excl. China) Cobalt Market Size by Application
- 10.4.1 APAC (excl. China) Cobalt Sales by Application (2020-2032)
- 10.4.2 APAC (excl. China) Cobalt Revenue by Application (2020-2032)
- 10.5 APAC (excl. China) Cobalt Market Size by Country
- 10.5.1 Japan
- 10.5.2 South Korea
- 10.5.3 India
- 10.5.4 Australia
- 10.5.5 Southeast Asia
- 11 Latin America
- 11.1 Latin America Cobalt Market Size and Growth Rate Analysis (2020-2032)
- 11.2 Latin America Key Manufacturers Analysis
- 1`.3 Latin America Cobalt Market Size by Type
- 11.3.1 Latin America Cobalt Sales by Type (2020-2032)
- 11.3.2 Latin America Cobalt Revenue by Type (2020-2032)
- 11.4 Latin America Cobalt Market Size by Application
- 11.4.1 Latin America Cobalt Sales by Application (2020-2032)
- 11.4.2 Latin America Cobalt Revenue by Application (2020-2032)
- 11.5 Latin America Cobalt Market Size by Country
- 11.6 Latin America Cobalt Market Size by Country
- 11.6.1 Mexico
- 11.6.2 Brazil
- 12 Middle East & Africa
- 12.1 Middle East & Africa Cobalt Market Size and Growth Rate Analysis (2020-2032)
- 12.2 Middle East & Africa Key Manufacturers Analysis
- 12.3 Middle East & Africa Cobalt Market Size by Type
- 12.3.1 Middle East & Africa Cobalt Sales by Type (2020-2032)
- 12.3.2 Middle East & Africa Cobalt Revenue by Type (2020-2032)
- 12.4 Middle East & Africa Cobalt Market Size by Application
- 12.4.1 Middle East & Africa Cobalt Sales by Application (2020-2032)
- 12.4.2 Middle East & Africa Cobalt Revenue by Application (2020-2032)
- 12.5 Middle East Cobalt Market Size by Country
- 12.5.1 Saudi Arabia
- 12.5.2 South Africa
- 13 Competition by Manufacturers
- 13.1 Global Cobalt Market Sales, Revenue and Price by Key Manufacturers (2021-2025)
- 13.1.1 Global Cobalt Market Sales by Key Manufacturers (2021-2025)
- 13.1.2 Global Cobalt Market Revenue by Key Manufacturers (2021-2025)
- 13.1.3 Global Cobalt Average Sales Price by Manufacturers (2021-2025)
- 13.2 Cobalt Competitive Landscape Analysis and Market Dynamic
- 13.2.1 Cobalt Competitive Landscape Analysis
- 13.2.2 Global Key Manufacturers Headquarter Location and Key Area Sales
- 13.2.3 Market Dynamic
- 14 Key Companies Analysis
- 14.1 Green Eco-Manufacturer
- 14.1.1 Green Eco-Manufacturer Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.1.2 Green Eco-Manufacturer Cobalt Product Portfolio
- 14.1.3 Green Eco-Manufacturer Cobalt Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 14.2 Jinchuan Group
- 14.2.1 Jinchuan Group Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.2.2 Jinchuan Group Cobalt Product Portfolio
- 14.2.3 Jinchuan Group Cobalt Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 14.3 Hanrui Cobalt
- 14.3.1 Hanrui Cobalt Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.3.2 Hanrui Cobalt Cobalt Product Portfolio
- 14.3.3 Hanrui Cobalt Cobalt Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 14.4 Nantong Xinwei Nickel & Cobalt
- 14.4.1 Nantong Xinwei Nickel & Cobalt Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.4.2 Nantong Xinwei Nickel & Cobalt Cobalt Product Portfolio
- 14.4.3 Nantong Xinwei Nickel & Cobalt Cobalt Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 14.5 Yantai CASH Industrial
- 14.5.1 Yantai CASH Industrial Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.5.2 Yantai CASH Industrial Cobalt Product Portfolio
- 14.5.3 Yantai CASH Industrial Cobalt Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 14.6 Shandong Jinling Mining
- 14.6.1 Shandong Jinling Mining Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.6.2 Shandong Jinling Mining Cobalt Product Portfolio
- 14.6.3 Shandong Jinling Mining Cobalt Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 14.7 Umicore
- 14.7.1 Umicore Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.7.2 Umicore Cobalt Product Portfolio
- 14.7.3 Umicore Cobalt Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 15 Industry Chain Analysis
- 15.1 Cobalt Industry Chain Analysis
- 15.2 Cobalt Industry Raw Material and Suppliers Analysis
- 15.2.1 Cobalt Key Raw Material Supply Analysis
- 15.2.2 Raw Material Suppliers and Contact Information
- 15.3 Cobalt Typical Downstream Customers
- 15.4 Cobalt Sales Channel Analysis
- 16 Research Findings and Conclusion
- 17 Methodology and Data Source
- 17.1 Methodology/Research Approach
- 17.2 Research Scope
- 17.3 Benchmarks and Assumptions
- 17.4 Date Source
- 17.4.1 Primary Sources
- 17.4.2 Secondary Sources
- 17.5 Data Cross Validation
- 17.6 Disclaimer
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