Global Cobalt Concentrate Market Growth 2023-2029
After enrichment and other treatments, cobalt ores form ore materials with high cobalt content, also known as cobalt concentrates. Cobalt concentrate is processed or made into cobalt intermediate (generally crude cobalt hydroxide) or directly made into cobalt salt products such as cobalt chloride and cobalt sulfate. Cobalt salt products can be processed into cobalt oxide, cobalt powder, electrolytic cobalt and other cobalt products. The above cobalt products can be further processed to form battery materials, alloys, magnetic materials and other downstream products.
LPI (LP Information)' newest research report, the “Cobalt Concentrate Industry Forecast” looks at past sales and reviews total world Cobalt Concentrate sales in 2022, providing a comprehensive analysis by region and market sector of projected Cobalt Concentrate sales for 2023 through 2029. With Cobalt Concentrate sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Cobalt Concentrate industry.
This Insight Report provides a comprehensive analysis of the global Cobalt Concentrate landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Cobalt Concentrate portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Cobalt Concentrate market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Cobalt Concentrate and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Cobalt Concentrate.
The global Cobalt Concentrate market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
United States market for Cobalt Concentrate is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
China market for Cobalt Concentrate is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Europe market for Cobalt Concentrate is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Global key Cobalt Concentrate players cover ERG, Glencore, Chemaf, Sherritt, Vale, Nornickel, Managem, Karora Resources and Clean TeQ, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.
This report presents a comprehensive overview, market shares, and growth opportunities of Cobalt Concentrate market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Magmatic Type
Hydrothermal Type
Sedimentary Type
Weathering Crust Type
Segmentation by application
Alloy
Electronics
Chemical Industry
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
ERG
Glencore
Chemaf
Sherritt
Vale
Nornickel
Managem
Karora Resources
Clean TeQ
eCobalt
Fortune Minerals
CMOC Group Limited
JINCHUAN GROUP CO.,LTD
Zhejiang Huayou Cobalt Co., Ltd
Metallurgical Corporation Of China Ltd
Key Questions Addressed in this Report
What is the 10-year outlook for the global Cobalt Concentrate market?
What factors are driving Cobalt Concentrate market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Cobalt Concentrate market opportunities vary by end market size?
How does Cobalt Concentrate break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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