Global Cobalt Metal Market Growth 2023-2029

Global Cobalt Metal Market Growth 2023-2029

Cobalt is one of the few metals that retains its magnetism when magnetized once. Because of its superior magnetic properties, cobalt is used in a large number of applications in the manufacture of high-performance magnetic materials.

LPI (LP Information)' newest research report, the “Cobalt Metal Industry Forecast” looks at past sales and reviews total world Cobalt Metal sales in 2022, providing a comprehensive analysis by region and market sector of projected Cobalt Metal sales for 2023 through 2029. With Cobalt Metal sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Cobalt Metal industry.

This Insight Report provides a comprehensive analysis of the global Cobalt Metal 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 Metal portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Cobalt Metal market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Cobalt Metal 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 Metal.

The global Cobalt Metal 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 Metal 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 Metal 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 Metal 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 Metal players cover China Molybdenum, Hanrui Cobalt, Huayou Cobalt, GEM, Shandong Jinling Mining, Pengxin, Glencore, ERG Africa and Wanbao Mining, 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 Metal market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Electrolytic Cobalt
Cobalt Powder
Cobalt Salt

Segmentation by application
Magnetic Materials
Battery Material
Alloy
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.
China Molybdenum
Hanrui Cobalt
Huayou Cobalt
GEM
Shandong Jinling Mining
Pengxin
Glencore
ERG Africa
Wanbao Mining
Chemaf
Umicore

Key Questions Addressed in this Report

What is the 10-year outlook for the global Cobalt Metal market?

What factors are driving Cobalt Metal market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Cobalt Metal market opportunities vary by end market size?

How does Cobalt Metal 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.