Global High-Purity Battery Grade Cobalt Sulfate Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global High-Purity Battery Grade Cobalt Sulfate Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

High-purity battery-grade cobalt sulfate refers to a refined form of cobalt sulfate specifically manufactured for use in lithium-ion batteries. Cobalt sulfate is an essential component in the cathode material of lithium-ion batteries, which are widely used in electric vehicles (EVs), portable electronic devices, and energy storage systems.

According to our (Global Info Research) latest study, the global High-Purity Battery Grade Cobalt Sulfate market size was valued at US$ 685 million in 2023 and is forecast to a readjusted size of USD 1164 million by 2030 with a CAGR of 9.0% during review period.

Global key players of High-Purity Battery Grade Cobalt Sulfate include Tengyuan Cobalt Industrial, GEM, Greatpower Nickel and Cobalt, etc. The top three players hold a share of 57%. China is the largest market, with a share of 78%. In terms of product type, Crystal Powder is the largest segment, occupied for 93%. And in terms of application, Power Battery has a share of 66%.

This report is a detailed and comprehensive analysis for global High-Purity Battery Grade Cobalt Sulfate 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 High-Purity Battery Grade Cobalt Sulfate market size and forecasts, in consumption value ($ Million), sales quantity (K Tons), and average selling prices (US$/Ton), 2019-2030

Global High-Purity Battery Grade Cobalt Sulfate market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Tons), and average selling prices (US$/Ton), 2019-2030

Global High-Purity Battery Grade Cobalt Sulfate market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Tons), and average selling prices (US$/Ton), 2019-2030

Global High-Purity Battery Grade Cobalt Sulfate market shares of main players, shipments in revenue ($ Million), sales quantity (K Tons), and ASP (US$/Ton), 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 High-Purity Battery Grade Cobalt Sulfate

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 High-Purity Battery Grade Cobalt Sulfate 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 Ganzhou Tengyuan Cobalt Industrial, GEM, Greatpower Nickel and Cobalt Materials, CoreMax Corporation, Huayou Cobalt, Guangxi Yinyi Advanced Material, Guangdong Jin Sheng New Energy, Hunan Jin Yuan New Material, Nornickel, Terrafame Ltd, etc.

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

Market Segmentation

High-Purity Battery Grade Cobalt Sulfate 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 Sulfate Solution
Cobalt Sulfate Crystal Powder

Market segment by Application
Power Battery
Consumer Battery
Others

Major players covered
Ganzhou Tengyuan Cobalt Industrial
GEM
Greatpower Nickel and Cobalt Materials
CoreMax Corporation
Huayou Cobalt
Guangxi Yinyi Advanced Material
Guangdong Jin Sheng New Energy
Hunan Jin Yuan New Material
Nornickel
Terrafame Ltd
Ji En Nickel Industry
Trimegah Bangun Persada (TBP)
Dalian Ruiyuan Power
Zhangjiagang Huayi Chemical
Gaungdong Fangyuan Environment
Jiangxi Grand Green Technology
Jiangsu Miracle Logistics System Engineering
Shaanxi Jutai New Material Technology
Sichuan Shunying Power Battery Material
Guangdong Guanghua Sci-Tech Co., Ltd
Jiangxi Tungsten Industry Group
Jiana Energy

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 High-Purity Battery Grade Cobalt Sulfate product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of High-Purity Battery Grade Cobalt Sulfate, with price, sales quantity, revenue, and global market share of High-Purity Battery Grade Cobalt Sulfate from 2019 to 2024.

Chapter 3, the High-Purity Battery Grade Cobalt Sulfate competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the High-Purity Battery Grade Cobalt Sulfate 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 High-Purity Battery Grade Cobalt Sulfate 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 High-Purity Battery Grade Cobalt Sulfate.

Chapter 14 and 15, to describe High-Purity Battery Grade Cobalt Sulfate sales channel, distributors, customers, research findings and conclusion.