Global Cobalt Acetate Crystal Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Cobalt Acetate Crystal market size was valued at US$ 72.8 million in 2024 and is forecast to a readjusted size of USD 150 million by 2031 with a CAGR of 11.0% during review period.

Cobalt acetate crystals are a vibrant, rose-red compound typically used as a catalyst in various chemical reactions, particularly in the synthesis of terephthalic acid and dimethyl terephthalate, which are key components in the production of PET plastics and polyester fibers. These crystals are highly soluble in water and alcohol, making them useful in numerous industrial applications, including the dyeing and coloring of ceramics and glass. Additionally, cobalt acetate serves as a precursor in the production of other cobalt salts and as a drying agent in paints and varnishes, highlighting its versatility across different industries.

The cobalt acetate crystals market has experienced a notable shift in recent years, driven by increasing demand in various industrial applications. One of the primary factors contributing to this trend is the growth in the production of polyester and PET plastics. As industries expand their use of these materials for packaging, textiles, and consumer goods, the demand for cobalt acetate as a catalyst in the production processes has risen significantly. Additionally, the rise in automotive and electronics industries, which utilize cobalt in various components, has further fueled the market growth.

Another significant trend influencing the cobalt acetate crystals market is the growing emphasis on sustainability and environmental regulations. With increasing awareness of the environmental impact of industrial processes, there has been a push for more efficient and eco-friendly catalysts. Cobalt acetate, being a key player in this area, is seeing increased interest from manufacturers seeking to meet stricter environmental standards. Furthermore, advancements in recycling technologies and the development of cobalt-based catalysts that reduce waste are contributing to the market's expansion.

Geographically, the cobalt acetate crystals market is witnessing varied growth patterns. Regions with a strong manufacturing base, such as North America, Europe, and parts of Asia-Pacific, are leading in demand due to their established industrial infrastructure and technological advancements. Emerging markets, particularly in Southeast Asia and Latin America, are also showing increasing demand as they industrialize and expand their production capabilities. Overall, the cobalt acetate crystals market is poised for continued growth, driven by industrial demands and evolving environmental considerations.

This report is a detailed and comprehensive analysis for global Cobalt Acetate Crystal market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Cobalt Acetate Crystal market size and forecasts, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Kg), 2020-2031

Global Cobalt Acetate Crystal market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Kg), 2020-2031

Global Cobalt Acetate Crystal market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Kg), 2020-2031

Global Cobalt Acetate Crystal market shares of main players, shipments in revenue ($ Million), sales quantity (Tons), and ASP (US$/Kg), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Cobalt Acetate Crystal

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Cobalt Acetate Crystal market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Coremax, Mechema Chemicals International, Umicore, Freeport Cobalt, Kansai Catalyst, ICoNiChem, Liaoyang Synthetic Catalyst Co., Ltd., Jiangxi Nuclear Industry Xingzhong New Material Co., Ltd., Hangzhou Goldenbay Chemical Co., Ltd., Henan Tianfu Chemical Co., Ltd., etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Cobalt Acetate Crystal market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Cobalt(II) Acetate Etrahydrate
Cobalt(II) Acetate

Market segment by Application
Paint & Coating
Catalysts
Pigment and Dyeing
Other

Major players covered
Coremax
Mechema Chemicals International
Umicore
Freeport Cobalt
Kansai Catalyst
ICoNiChem
Liaoyang Synthetic Catalyst Co., Ltd.
Jiangxi Nuclear Industry Xingzhong New Material Co., Ltd.
Hangzhou Goldenbay Chemical Co., Ltd.
Henan Tianfu Chemical Co., Ltd.
Wuxi Yangshan Biochemical Co., Ltd.
Yixing Tianpeng Group Co., Ltd.
Shanghai Hui Long Chemicals Co., Ltd.
Zhangjiagang Huayi Chemical Co., Ltd.
Dalian Yushan Chemicals Co., Ltd.

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Cobalt Acetate Crystal product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Cobalt Acetate Crystal, with price, sales quantity, revenue, and global market share of Cobalt Acetate Crystal from 2020 to 2025.

Chapter 3, the Cobalt Acetate Crystal competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Cobalt Acetate Crystal breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Cobalt Acetate Crystal market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Cobalt Acetate Crystal.

Chapter 14 and 15, to describe Cobalt Acetate Crystal sales channel, distributors, customers, research findings and conclusion.