Summary
The global and Chinese economies were hit hard in 2020, and the global GDP grew by XX% in 2021. Although the global growth prospects improved and there was a V-shaped rebound, this does not mean that the economy has really recovered to the level before the epidemic. The vast majority of countries are still in the stage of recovery after heavy damage and are far from achieving real recovery.
2023 is a year of continuous recovery. Global supply chain disturbance, geopolitical tension, energy price fluctuation, local labor shortage and rising raw material prices will affect the resilience of economic recovery. The International Monetary Fund (IMF) predicts that the world economy will grow by XX% in 2023, of which the U.S. economy will grow by about XX%. Driven by China and India, Asia is expected to become the fastest growing region in the world in 2023. However, China's economic growth has slowed down. The 2023 government work report shows that the expected target of economic growth is set at about XX%.
According to research, China has set a growth rate of about XX%, which not only focuses on the speed of economic growth, but also anchors the quality of economic development. Scientific and technological innovation, economic and social digitization and green development will be the long-term goals of China's economic development. It is expected that in 2023, major economies such as the United States, Europe and China will introduce more favorable policies to drive the development of switching power supply industry.
VIC Research released the 《Global Cobalt Market Segment Research Report 2023》, which aims to sort out the development status and trends of the Cobalt industry at home and abroad, estimate the overall market scale of the Cobalt industry and the market share of major countries, Cobalt industry, and study and judge the downstream market demand of Cobalt through systematic research, Analyze the competition pattern of Cobalt, so as to help solve the pain points of various stakeholders in Cobalt industry. This industry research report combines desktop research, qualitative interviews with insiders or experts and other methods to strive for the objectivity and integrity of conclusions and data.
Regional Segmentation (Value; Revenue, USD Million, 2019-2029) of Cobalt Market by VIC Research Include
USA
Europe
China
Japan
India
Korea
Southeast Asia
Competitive Analysis; Who are the Major Players in Cobalt Market?
Green Eco-Manufacturer
Hanrui Cobalt
OMG(Freeport Joint Venture)
Chambishi
Umicore
ICCI/Sherritt
Xstrata
Sumitomo
Major Type of Cobalt Covered in VIC Research report:
Chemical
Powders
Metal
Application Segments Covered in VIC Research Market
Batteries (Automotives)
Superalloy
Catalyst
Ceramics/pigment
Magnets
For any other requirements, please feel free to contact us and we will provide you customized report.
Table of Contents
Global Cobalt Market Segment Research Report 2023
1. Research Scope
2. Market Overview
2.1 Product Introduction, Application, Picture
2.2 Global Cobalt Market by Value
2.2.1 Global Cobalt Revenue by Type
2.2.2 Global Cobalt Market by Value
2.3 Global Cobalt Market by Sales
2.3.1 Global Cobalt Sales by Type
2.3.2 Global Cobalt Market by Sales
3. The Major Driver of Cobalt Industry
3.1 Historical & Forecast Global Cobalt Sales and Revenue (2019-2029)
3.2 Largest Application for Cobalt (2019-2029)
3.3 The Major Downstream Company in China Market 2023
4. Global and Regional Cobalt Market
4.1 Regional Market Size in Terms of Sales (2023 & 2029)
4.2 Regional Market Share in Terms of Revenue (2023 & 2029)
4.3 Concentration Ratio (CR5& CR10) of Cobalt Market
4.4 Mergers & Acquisitions, Expansion Plans
5. US Cobalt Sales (2019-2029)
5.1 Current and Estimated Sales Breakdown by Type (2019-2029)
5.2 Current and Estimated Sales Breakdown by Application (2019-2029)
5.3 Current and Estimated Revenue Breakdown by Type (2019-2029)
5.4 Current and Estimated Revenue Breakdown by Application (2019-2029)
6. Europe Cobalt Sales (2019-2029)
6.1 Current and Estimated Sales Breakdown by Type (2019-2029)
6.2 Current and Estimated Sales Breakdown by Application (2019-2029)
6.3 Current and Estimated Revenue Breakdown by Type (2019-2029)
6.4 Current and Estimated Revenue Breakdown by Application (2019-2029)
7. China Cobalt Sales (2019-2029)
7.1 Current and Estimated Sales Breakdown by Type (2019-2029)
7.2 Current and Estimated Sales Breakdown by Application (2019-2029)
7.3 Current and Estimated Revenue Breakdown by Type (2019-2029)
7.4 Current and Estimated Revenue Breakdown by Application (2019-2029)
8. Japan Cobalt Sales (2019-2029)
8.1 Current and Estimated Sales Breakdown by Type (2019-2029)
8.2 Current and Estimated Sales Breakdown by Application (2019-2029)
8.3 Current and Estimated Revenue Breakdown by Type (2019-2029)
8.4 Current and Estimated Revenue Breakdown by Application (2019-2029)
9. India Cobalt Sales (2019-2029)
9.1 Current and Estimated Sales Breakdown by Type (2019-2029)
9.2 Current and Estimated Sales Breakdown by Application (2019-2029)
9.3 Current and Estimated Revenue Breakdown by Type (2019-2029)
9.4 Current and Estimated Revenue Breakdown by Application (2019-2029)
10. Korea Cobalt Sales (2019-2029)
10.1 Current and Estimated Sales Breakdown by Type (2019-2029)
10.2 Current and Estimated Sales Breakdown by Application (2019-2029)
10.3 Current and Estimated Revenue Breakdown by Type (2019-2029)
10.4 Current and Estimated Revenue Breakdown by Application (2019-2029)
11. Southeast Asia Cobalt Sales (2019-2029)
11.1 Current and Estimated Sales Breakdown by Type (2019-2029)
11.2 Current and Estimated Sales Breakdown by Application (2019-2029)
11.3 Current and Estimated Revenue Breakdown by Type (2019-2029)
11.4 Current and Estimated Revenue Breakdown by Application (2019-2029)
12. South America Cobalt Sales (2019-2029)
12.1 Current and Estimated Sales Breakdown by Type (2019-2029)
12.2 Current and Estimated Sales Breakdown by Application (2019-2029)
12.3 Current and Estimated Revenue Breakdown by Type (2019-2029)
12.4 Current and Estimated Revenue Breakdown by Application (2019-2029)
13. Global Cobalt Average Price Trend
13.1 Market Price for Each Type of Cobalt in US (2019-2023)
13.2 Market Price for Each Type of Cobalt in Europe (2019-2023)
13.3 Market Price for Each Type of Cobalt in China (2019-2023)
13.4 Market Price for Each Type of Cobalt in Japan (2019-2023)
13.5 Market Price for Each Type of Cobalt in India (2019-2023)
13.6 Market Price for Each Type of Cobalt in Korea (2019-2023)
13.7 Market Price for Each Type of Cobalt in Southeast Asia (2019-2023)
13.8 Market Price for Each Type of Cobalt in South America (2019-2023)
14. Industrial Chain (Impact of COVID-19)
14.1 Cobalt Industrial Chain Analysis
14.2 Downstream
14.3 Impact of COVID-19
14.4 Post-pandemic Era
14.5 Technology Trends of Cobalt
15. Cobalt Competitive Landscape
15.1 Green Eco-Manufacturer
15.1.1 Green Eco-Manufacturer Company Profiles
15.1.2 Green Eco-Manufacturer Product Introduction
15.1.3 Green Eco-Manufacturer Cobalt Sales, Revenue (2019-2023)
15.1.4 Strategic initiatives
15.2 Hanrui Cobalt
15.2.1 Hanrui Cobalt Company Profiles
15.2.2 Hanrui Cobalt Product Introduction
15.2.3 Hanrui Cobalt Cobalt Sales, Revenue (2019-2023)
15.2.4 Strategic initiatives
15.3 OMG(Freeport Joint Venture)
15.3.1 OMG(Freeport Joint Venture) Company Profiles
15.3.2 OMG(Freeport Joint Venture) Product Introduction
15.3.3 OMG(Freeport Joint Venture) Cobalt Sales, Revenue (2019-2023)
15.3.4 Strategic initiatives
15.4 Chambishi
15.4.1 Chambishi Company Profiles
15.4.2 Chambishi Product Introduction
15.4.3 Chambishi Cobalt Sales, Revenue (2019-2023)
15.4.4 Strategic initiatives
15.5 Umicore
15.5.1 Umicore Company Profiles
15.5.2 Umicore Product Introduction
15.5.3 Umicore Cobalt Sales, Revenue (2019-2023)
15.5.4 Strategic initiatives
15.6 ICCI/Sherritt
15.6.1 ICCI/Sherritt Company Profiles
15.6.2 ICCI/Sherritt Product Introduction
15.6.3 ICCI/Sherritt Cobalt Sales, Revenue (2019-2023)
15.6.4 Strategic initiatives
15.7 Xstrata
15.7.1 Xstrata Company Profiles
15.7.2 Xstrata Product Introduction
15.7.3 Xstrata Cobalt Sales, Revenue (2019-2023)
15.7.4 Strategic initiatives
15.8 Sumitomo
15.8.1 Sumitomo Company Profiles
15.8.2 Sumitomo Product Introduction
15.8.3 Sumitomo Cobalt Sales, Revenue (2019-2023)
15.8.4 Strategic initiatives
16. Conclusion
17. Methodology and Data Source
List of Tables and Figures
Figure 1. Total Sales by Application of Cobalt Industry (Volume)
Figure 2. Cobalt Sales by Regions in 2023
Figure 3. Regional Market Share in Terms of Revenue (2023&2029)
Figure 4. The Top 10 and 5 Players Market Share by Cobalt Revenue in 2023
Figure 5. US Cobalt Sales (2019-2029)
Figure 6. Sales Breakdown by Type (%)
Figure 7. Sales Breakdown by Type (%)
Figure 8. Sales Breakdown by Application (%)
Figure 9. Revenue Breakdown by Type (%)
Figure 10. Revenue Breakdown by Application (%)
Figure 11. Europe Cobalt Sales (2019-2029)
Figure 12. Sales Breakdown by Type (%)
Figure 13. Sales Breakdown by Type (%)
Figure 14. Sales Breakdown by Application (%)
Figure 15. Revenue Breakdown by Type (%)
Figure 16. Revenue Breakdown by Application (%)
Figure 17. China Cobalt Sales (2019-2029)
Figure 18. Sales Breakdown by Type (%)
Figure 19. Sales Breakdown by Type (%)
Figure 20. Sales Breakdown by Application (%)
Figure 21. Current and Estimated Revenue Breakdown by Type
Figure 22. Revenue Breakdown by Type (%)
Figure 23. Revenue Breakdown by Application (%)
Figure 24. Japan Cobalt Sales (2019-2029)
Figure 25. Sales Breakdown by Type (%)
Figure 26. Sales Breakdown by Type (%)
Figure 27. Sales Breakdown by Application (%)
Figure 28. Revenue Breakdown by Type (%)
Figure 29. Revenue Breakdown by Application (%)
Figure 30. India Cobalt Sales (2019-2029)
Figure 31. Sales Breakdown by Type (%)
Figure 32. Sales Breakdown by Type (%)
Figure 33. Sales Breakdown by Application (%)
Figure 34. Revenue Breakdown by Type (%)
Figure 35. Revenue Breakdown by Application (%)
Figure 36. Korea Cobalt Sales (2019-2029)
Figure 37. Sales Breakdown by Type (%)
Figure 38. Sales Breakdown by Type (%)
Figure 39. Sales Breakdown by Application (%)
Figure 40. Revenue Breakdown by Type (%)
Figure 41. Revenue Breakdown by Application (%)
Figure 42. Southeast Asia Cobalt Sales (2019-2029)
Figure 43. Current and Estimated Sales Breakdown by Type (2019-2029)
Figure 44. Sales Breakdown by Type (%)
Figure 45. Sales Breakdown by Type (%)
Figure 46. Revenue Breakdown by Type (%)
Figure 47. Revenue Breakdown by Application (%)
Figure 48. Industrial Chain
Table 1. Top Manufacturers and Market Segmentation
Table 2. Product Introduction, Application, Picture
Table 3. Cobalt Revenue, by Type (Million USD) (2019-2029)
Table 4. Cobalt Sales, by Type (K Unit) (2019-2029)
Table 5. Cobalt Sales (K Unit) by Application (2019-2029)
Table 6. Cobalt Sales (Million USD) by Application (2019-2029)
Table 7. The Major Downstream Company in China
Table 8. Regional Market Share in Terms of Sales (2023)
Table 9. Regional Market Share in Terms of Revenue (2023&2029)
Table 10. Ranking of Global Top Cobalt Companies by Revenue, Concentration Ratio in 2023
Table 11. Mergers & Acquisitions, Expansion Plans
Table 12. US Cobalt Sales (K Unit), Market Revenue (Million USD) (2019-2029)
Table 13. Current and Estimated Sales Breakdown by Type (2019-2029)
Table 14. Current and Estimated Sales Breakdown by Type (2019-2029)
Table 15. Current and Estimated Sales Breakdown by Application (2019-2029)
Table 16. Current and Estimated Revenue Breakdown by Type
Table 17. Current and Estimated Revenue Breakdown by Application
Table 18. Europe Cobalt Sales (K Unit), Market Revenue (Million USD) (2019-2029)
Table 19. Current and Estimated Sales Breakdown by Type (2019-2029)
Table 20. Current and Estimated Sales Breakdown by Type (2019-2029)
Table 21. Current and Estimated Sales Breakdown by Application (2019-2029)
Table 22. Current and Estimated Revenue Breakdown by Type
Table 23. Current and Estimated Revenue Breakdown by Application
Table 24. China Cobalt Sales (K Unit), Market Revenue (Million USD) (2019-2029)
Table 25. Table Current and Estimated Sales Breakdown by Type
Table 26. Current and Estimated Sales Breakdown by Type
Table 27. Current and Estimated Sales Breakdown by Application
Table 28. Current and Estimated Revenue Breakdown by Application
Table 29. Japan Cobalt Sales (K Unit), Market Revenue (Million USD) (2019-2029)
Table 30. Current and Estimated Sales Breakdown by Type (2019-2029)
Table 31. Current and Estimated Sales Breakdown by Type (2019-2029)
Table 32. Current and Estimated Sales Breakdown by Application (2019-2029)
Table 33. Current and Estimated Revenue Breakdown by Type
Table 34. Current and Estimated Revenue Breakdown by Application
Table 35. India Cobalt Sales (K Unit), Market Revenue (Million USD) (2019-2029)
Table 36. Current and Estimated Sales Breakdown by Type (2019-2029)
Table 37. Current and Estimated Sales Breakdown by Type (2019-2029)
Table 38. Current and Estimated Sales Breakdown by Application (2019-2029)
Table 39. Current and Estimated Revenue Breakdown by Type
Table 40. Current and Estimated Revenue Breakdown by Application
Table 41. Korea Cobalt Sales (K Unit), Market Revenue (Million USD) (2019-2029)
Table 42. Current and Estimated Sales Breakdown by Type (2019-2029)
Table 43. Current and Estimated Sales Breakdown by Type (2019-2029)
Table 44. Current and Estimated Sales Breakdown by Application (2019-2029)
Table 45. Current and Estimated Revenue Breakdown by Type
Table 46. Current and Estimated Revenue Breakdown by Application
Table 47. Southeast Asia Cobalt Sales (K Unit), Market Revenue (Million USD) (2019-2029)
Table 48. Table Current and Estimated Sales Breakdown by Type (2019-2029)
Table 49. Current and Estimated Sales Breakdown by Application (2019-2029)
Table 50. Current and Estimated Revenue Breakdown by Type
Table 51. Current and Estimated Revenue Breakdown by Application
Table 52. Market Price (USD/Unit) for Each Type of Cobalt in US (2019-2023)
Table 53. Market Price (USD/Unit) for Each Type of Cobalt in Europe (2019-2023)
Table 54. Market Price (USD/Unit) for Each Type of Cobalt in China (2019-2023)
Table 55. Market Price (USD/Unit) for Each Type of Cobalt in Japan (2019-2023)
Table 56. Market Price (USD/Unit) for Each Type of Cobalt in India (2019-2023)
Table 57. Market Price (USD/Unit) for Each Type of Cobalt in Korea (2019-2023)
Table 58. Market Price (USD/Unit) for Each Type of Cobalt in Southeast Asia (2019-2023)
Table 59. Key Downstream Customer in Each Application Field
Table 60. Green Eco-Manufacturer Profiles
Table 61. Green Eco-Manufacturer Cobalt Product Introduction
Table 62. Green Eco-Manufacturer Cobalt Sales (Unit), Revenue (Million USD) (2019-2023)
Table 63. Green Eco-Manufacturer Strategic initiatives
Table 64. Hanrui Cobalt Profiles
Table 65. Hanrui Cobalt Cobalt Product Introduction
Table 66. Hanrui Cobalt Cobalt Sales (Unit), Revenue (Million USD) (2019-2023)
Table 67. Hanrui Cobalt Strategic initiatives
Table 68. OMG(Freeport Joint Venture) Profiles
Table 69. OMG(Freeport Joint Venture) Cobalt Product Introduction
Table 70. OMG(Freeport Joint Venture) Cobalt Sales (Unit), Revenue (Million USD) (2019-2023)
Table 71. OMG(Freeport Joint Venture) Strategic initiatives
Table 72. Chambishi Profiles
Table 73. Chambishi Cobalt Product Introduction
Table 74. Chambishi Cobalt Sales (Unit), Revenue (Million USD) (2019-2023)
Table 75. Chambishi Strategic initiatives
Table 76. Umicore Profiles
Table 77. Umicore Cobalt Product Introduction
Table 78. Umicore Cobalt Sales (Unit), Revenue (Million USD) (2019-2023)
Table 79. Umicore Strategic initiatives
Table 80. ICCI/Sherritt Profiles
Table 81. ICCI/Sherritt Cobalt Product Introduction
Table 82. ICCI/Sherritt Cobalt Sales (Unit), Revenue (Million USD) (2019-2023)
Table 83. ICCI/Sherritt Strategic initiatives
Table 84. Xstrata Profiles
Table 85. Xstrata Cobalt Product Introduction
Table 86. Xstrata Cobalt Sales (Unit), Revenue (Million USD) (2019-2023)
Table 87. Xstrata Strategic initiatives
Table 88. Sumitomo Profiles
Table 89. Sumitomo Cobalt Product Introduction
Table 90. Sumitomo Cobalt Sales (Unit), Revenue (Million USD) (2019-2023)
Table 91. Sumitomo Strategic initiatives
The research methodology employed by VICResearch has been subjected by numerous procedures in order to guarantee the quality and accuracy of the data contained within the reports. The analysts are employed full-time and received more than six months training to satisfy the standard of VICResearch. VICResearch’s methodology can be divided into five stages:
Stage 1: Secondary research
The research team first works with magazines, industry trade group, and administration that operate in the research field. The information provided by our in-house documentation service helps us carrying out further research. Our team which has the experience as well as the knowledge efficiently extracts the accurate information from existing source.
Stage 2: Primary research: interviews with trade sources
After the first stage, the research team conducts large number of face-to-face or telephone interviews with the representative companies operating in the research field. The analysts attempt to obtain a chance to talk with leading players in the field as well as with small companies. The upstream suppliers, manufacturers, distributors, importers, installers, wholesalers and consumers are all included in the interviews. The data gathered during the interview is then carefully checked and compared with the secondary research.
Stage 3: Analysis of the gathered data
The analysis team checks and synthesizes the data gathered during the first two stages. To validate the data, a second series of interviews can be conducted.
Stage 4: Quantitative data
The quantitative data such as market estimates, production and capacity of manufacturer, market forecasts and investment feasibility is provided by VICResearch. The data is based on the estimates obtained during stage 3.
The research team also provides appreciation and analysis of the market and the quantitative data contained in the reports. The data is consequently unique to VICResearch.
Stage 5: Quality control
Before publishing, every report goes under a rigorous checking and editing process, which is done by experience management team to ensure the reliability of the published data. Each analyst in the research team receives support and on-going training which is part of the VICResearch’s internal quality process.
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