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Cobalt Market Size, Share, Analysis and Forecast 2018-2025


Latest Report Available at Adroit Market Research "Cobalt Market 2018-2025" provides pin-point analysis for changing competitive dynamics and a forward looking perspective on different factors driving or restraining industry growth. – PowerPoint PPT presentation

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Title: Cobalt Market Size, Share, Analysis and Forecast 2018-2025

Global Cobalt Market
  • Size 2017 by Application (Battery Chemicals (LCO,
    NMC, NCA), Superalloys, Hard Metals, Ceramics
    Pigments, Catalysts, and Others), by Region
    (North America, Europe, Asia Pacific, and Rest of
    the World) and Forecast 2018 to 2025

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Global Cobalt Market Size and Share-Global
Forecast to 2025
  • The global cobalt market size is projected to be
    valued at USD 12.93 billion by 2025, according to
    a new study by Adroit Market Research. The
    Global Cobalt Market Size 2017 By Application
    (Battery Chemicals (LCO, NMC, NCA), Super Alloys,
    Hard Metals, Ceramics Pigments, Catalysts,
    Others), By Region (North America, Europe, Asia
    Pacific, Rest of the World) and Forecast 2018 to
    2025 study covers key trends, such as drivers,
    restraints, and opportunities. The study contains
    global cobalt indicators in terms of value (USD
    Million) and volume (Tons) for a period ranging
    between 2015 and 2025. Furthermore, the study
    encompasses PESTLE analysis, value chain
    analysis, Porters Five Forces analysis, and
    vendor landscape analysis.
  • Cobalt is one of the most important critical raw
    materials among the list of 26 materials,
    according to the European Commission. China is by
    far the largest player in the market and supplies
    the world with the majority of critical
    materials, for instance, refined cobalt. It is
    also worth noting that at the same time China is
    the biggest consumer of many of those materials
    which create competition for supplies across the
  • Cobalt is a valuable metal due to its properties
    namely high melting point and good corrosion
    resistance. This is crucial for withstanding the
    high temperatures in batteries as well as

Global Cobalt Market Size and Share-Global
Forecast to 2025
  • An unfavorable aspect of cobalt is the level of
    difficulty and the high cost of its separation
    from nickel and copper. Political instability and
    fluctuating supply are the other key restraints
    slowing down its application in the battery and
    metallurgical applications of cobalt. Katanga is
    the new source of supply for the future cobalt
    market however, any disturbances to this mine
    causing a ramp-up could cause the cobalt market
    to return to its current deficit state in the
    coming years.
  • Several factors that have impacted the cobalt
    market in terms of price increase include lack of
    credit tied to Chinese deleveraging, changes in
    payment terms in China, new EVs subsidiary policy
    in China, and tensions in the trade with the US.
    However, companies that were optimistic about the
    future demand for the battery metal in 2017 faced
    challenges in 2018 owing to increase in prices
    and supply shortage that are likely caused owing
    to artisanal supply-side response out of the
    Democratic Republic of Congo that created
    pressure on the prices.
  • Key players in this market include Umicore,
    Glencore Xstrata plc, Jinchuan Gr Intl, Huayou
    Cobalt Co. Ltd., Freeport-McMoRan Inc., Sherritt
    International Corporation, Nippon Steel
    Sumitomo Metal Corporation, Jiangsu Cobalt Nickel
    Metal Co., Ltd., Eramet, and BHP.

Global Cobalt Market Size and Share-Global
Forecast to 2025
  • Application Overview, 2015-2025 (Tons) (USD
  • Battery Chemicals
  • (LCO) Lithium cobalt oxide
  • (NMC) Lithium nickel manganese cobalt
  • (NCA) Lithium nickel cobalt aluminum oxide
  • Superalloys
  • Hard Metals
  • Ceramics Pigments
  • Catalysts
  • Others
  • Regional Overview, 2015-2025 (Tons) (USD Million)
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

About Us
  • Adroit Market Research is an India-based business
    analytics and consulting company. Our target
    audience is a wide range of corporations,
    manufacturing companies, product/technology
    development institutions and industry
    associations that require understanding of a
    markets size, key trends, participants and
    future outlook of an industry. We intend to
    become our clients knowledge partner and provide
    them with valuable market insights to help create
    opportunities that increase their revenues. We
    follow a code Explore, Learn and Transform. At
    our core, we are curious people who love to
    identify and understand industry patterns, create
    an insightful study around our findings and churn
    out money-making roadmaps. Our analysts have
    tracked high growth markets in chemicals
    materials, healthcare pharmaceuticals,
    semiconductor electronics, energy power, food
    retail, consumer goods, technology, and
    machinery equipment sectors across the world to
    identify new opportunities, potential customers,
    prepare go-to-market (GTM) strategies, identify
    segments for revenue growth for companies, and
    many more.
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    Dallas, TX 75204 ,U.S.A 
  • Phone 1 (214) 884-6068
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