Global Cobalt Alloys Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Cobalt Alloys Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Cobalt-based alloys are cobalt as the main component, containing other metal such as nickel, chromium, tungsten and a small amount of alloying elements such as molybdenum, niobium, tantalum, titanium, lanthanum, and occasionally iron. According to the different components in the alloy, Cobalt-based alloys can be made into castings and forgings metal parts and powder metallurgy parts.

The Cobalt Alloys industry can be broken down into 2 segments, Cobalt-Base Wear-Resistant Alloys, Cobalt-Base High-Temperature Alloys, etc.

According to our (Global Info Research) latest study, the global Cobalt Alloys market size was valued at US$ 333 million in 2023 and is forecast to a readjusted size of USD 404 million by 2030 with a CAGR of 2.8% during review period.

Global key players of Cobalt Alloys include Precision Castparts Corporation, Kennametal, VDM Metals, Carpenter and ATI, etc. Top three players occupy for a share about 41%. North America is the largest market, with a share about 37%, followed by Asia-Pacific and Europe. In terms of product, Cobalt-Base High-Temperature Alloys is the largest segment, with a share over 74%. In terms of application, Aerospace is the largest market, with a share over 57%.

This report is a detailed and comprehensive analysis for global Cobalt Alloys 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 2024, are provided.

Key Features:

Global Cobalt Alloys market size and forecasts, in consumption value ($ Million), sales quantity (MT), and average selling prices (US$/MT), 2019-2030

Global Cobalt Alloys market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MT), and average selling prices (US$/MT), 2019-2030

Global Cobalt Alloys market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MT), and average selling prices (US$/MT), 2019-2030

Global Cobalt Alloys market shares of main players, shipments in revenue ($ Million), sales quantity (MT), and ASP (US$/MT), 2019-2024

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 Alloys

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 Alloys 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 Precision Castparts Corporation, Kennametal, VDM Metals, Carpenter, ATI, Haynes, Hitachi Metals, Shanghai Zhongzhou Special Alloy Materials, Arcam, Kulzer, etc.

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

Market Segmentation

Cobalt Alloys market is split by Type and by Application. For the period 2019-2030, 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-Base Wear-Resistant Alloys
Cobalt-Base High-Temperature Alloys

Market segment by Application
Aerospace
Energy
Medical
Industrial
Other

Major players covered
Precision Castparts Corporation
Kennametal
VDM Metals
Carpenter
ATI
Haynes
Hitachi Metals
Shanghai Zhongzhou Special Alloy Materials
Arcam
Kulzer
EOS
SLM

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 Alloys product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Cobalt Alloys, with price, sales quantity, revenue, and global market share of Cobalt Alloys from 2019 to 2024.

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

Chapter 4, the Cobalt Alloys breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

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 2019 to 2030.

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 2019 to 2024.and Cobalt Alloys market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

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 Alloys.

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