Cobalt Sulphate Market Research Report 2019-2025

Cobalt Sulphate is an inorganic, divalent cobalt salt of sulfuric acid, represented by the chemical formula, CoSO4. It is an odorless reddish metallic salt, which is readily soluble in water and methanol. Cobalt oxide or other cobalt derivatives are dissolved in dilute sulfuric acid, which crystallizes to form cobalt sulfate. In addition, large amount of cobalt sulfate is produced as a by-product during the manufacturing of various metals, such as nickel and copper.

The global cobalt sulphate market is segmented based on application and region. Based on application, it is bifurcated into super alloy, hard facing/HSS & other alloy, magnet, hard material, catalyst, color, and battery, and others. Super alloys are high-performance alloys, used in situations that require exceptional properties, such as high mechanical strength, resistance to high temperatures, corrosion, and other stress situations. Besides the batteries segment, a major share of the cobalt sulphate industry has accounted by the super alloys segment due to their applications in aircraft manufacturing.

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- Charts
- Research Methodology

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In 2019, the market size of Cobalt Sulphate is 970 million US$ and it will reach 1100 million US$ in 2025, growing at a CAGR of 1.6% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.

In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Cobalt Sulphate.

This report studies the global market size of Cobalt Sulphate, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).

This study presents the Cobalt Sulphate production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.

For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.

In global market, the following companies are covered:

• Freeport Cobalt Oy
• Ganzhou Tengyuan Cobalt Industrial Co., Ltd
• Jiayuan Cobalt Holdings
• Jilin Jien Nickel Industry Co., Ltd.
• Jinchuan Group Co., Ltd.
• Nickel & Cobalt Hightech Development
• Nicomet Industries Limited
• MMC Norilsk Nickel
• Umicore
• Zhangjiagang Huayi Chemical Co. Ltd.
• To know more companies

Market Segment by Product Type

• Battery
• Pigment

Market Segment by Application

• Super Alloy
• Hard Facing/ HSS & Other Alloy
• Magnet
• Hard Material
• Catalyst
• Color
• Battery
• Others

Key Regions split in this report: breakdown data for each region.

• United States
• China
• European Union
• Rest of World (Japan, Korea, India and Southeast Asia)

The study objectives are:

• To analyze and research the Cobalt Sulphate status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
• To present the key Cobalt Sulphate manufacturers, presenting the sales, revenue, market share, and recent development for key players.
• To split the breakdown data by regions, type, companies and applications
• To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
• To identify significant trends, drivers, influence factors in global and regions
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market

In this study, the years considered to estimate the market size of Cobalt Sulphate are as follows:

• History Year: 2014-2018
• Base Year: 2018
• Estimated Year: 2019
• Forecast Year 2019 to 2025

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