Cobalt Market Analysis APAC, North America, Europe, South America, Middle East and Africa - US, China, Japan, India, Russia - Size and Forecast 2024-2028

Published: Feb 2024 Pages: 178 SKU: IRTNTR71663

Cobalt Market Forecast 2024-2028

The cobalt market size is projected to increase by USD 8.01 billion, at a CAGR of 12.73% between 2023 and 2028. The market growth depends on several factors such as the growth of the electric vehicle industry, the increasing mining projects, and the availability of substitutes. Our market report examines historic data from 2018-2022, besides analyzing the current and forecasted market scenario.

What will be the Size of the Market During the Forecast Period?

To learn more about this report, Request Free Sample

Market Definition

Cobalt is a transition metal with the symbol Co and atomic number 27. It is a lustrous, hard, and silver-blue metal with high-temperature resistance, corrosion resistance, high melting point, and high tensile strength that is found in the Earth's crust. This product is extracted from the Earth's crust in the form of minerals cobaltite, erythrite, and smaltite.

Market Segment Insights

Type Insights

The cobalt surface segment is estimated to witness a significant increase during the forecast period. This is utilized in rechargeable batteries for various consumer electronics devices such as smartphones, laptops, and tablets. The ongoing growth in consumer electronics markets, particularly in emerging economies, contributes to the demand for this globally. Infrastructure projects such as transportation, construction, and urbanization contribute to the demand for these materials. This product is used in high-strength alloys, coatings, and catalysts employed in infrastructure components. Economic development and urbanization fuel infrastructure investments, thereby supporting the demand for this product will increase.

Get a glance at the market contribution of various segments View the PDF Sample

The cobalt sulfate segment was the largest segment and was valued at USD 4.57 billion in 2018. Further, the strategic relationship with Stellantis N.V. supports sustainable European battery value chain solutions while also validating the potential of Norway's battery metals project portfolio. Therefore, the demand is driven by various factors, including the growth of EVs, renewable energy storage, consumer electronics, industrial applications, and infrastructure development, which will boost this segment of the market during the forecast period.

Application Insights 

The batteries and electronics?segment will account for the largest share of this segment.? These products essential in rechargeable batteries like lithium-ion, power portable devices, electric vehicles, and renewable energy systems. Its presence in cathodes—lithium oxide, nickel manganese, and nickel aluminum oxides—ensures durability and high energy density. Lithium-ion batteries offer longer shelf life and thermal stability. These product compounds also find applications in semiconductors, magnetic devices, and data recording, driving the electronics markets. Thus, the growing demand for batteries, semiconductors, and integrated circuits will drive the batteries and electronics segment of the market during the forecast period.

Market Regional Insights

APAC Region

APAC is estimated to contribute 68% to the growth of the global market during the forecast period. Technavio's analysts have provided extensive insight into the market forecasting, detailing the regional trends and drivers influencing the market's trajectory throughout the forecast period.

For more insights on the market share of various regions Download PDF Sample now!

APAC, including China, Japan, and South Korea, sees rising EV adoption fueled by government incentives and eco-awareness. The demand for this product surges across industries like aerospace and electronics, driven by rapid industrialization. Investments in renewable energy, like wind and solar, further boost the demand. Indonesia and China invest in domestic mining to secure supply chains. Partnerships like PT Vale Indonesia Tbk and Glencore plc reinforce regional market growth during the forecast period. 

Market: Key Market Growth and Trends 

The growth of the electric vehicle industry is the key factor driving the market. Increasing awareness among consumers concerning pollution and the implementation of stringent emission and fuel-efficiency norms worldwide are pushing the demand for electric vehicles. Many countries, such as China, India, Norway, France, and the UK, plan to end the production and sale of diesel and gasoline cars in the long run. Further, the electric vehicle count has already reached two million, and it continues to grow. This will lead to an increase in electric vehicle battery production, which, in turn, would spur demand, thereby driving the market during the forecast period.

Increasing cobalt mining projects is the primary trend shaping the market. The development of new mining projects contributes to an increase the supply. As more mines come online and existing operations expand, the market experiences a boost in production volumes. This increased supply can help alleviate concerns about shortages and supply chain constraints, particularly as demand grows in industries such as electric vehicles and renewable energy storage. For instance, the Dominican Republic's Santo Domingo nickel-cobalt project is expected to be operating at full capacity by the end of 2024. Thus, such advancements will drive market growth during the forecast period.

The availability of substitutes for cobalt is a challenge that affects the market. This product plays a key role in various industries. However, the high level of dependence on cobalt is paving the way for future consequences. Consequently, battery makers have undertaken R&D to find substitutes. Furthermore, R and D activities are in place to investigate zinc-air, Li-sulfur, or Li-air battery systems for the next-generation rechargeable batteries. Other potential substitutes for this product in various applications include barium or strontium ferrites, neodymium-iron-boron, and nickel-iron alloy. Thus, such factors may impede the market during the forecast period. 

Who are the Major Market Companies?

Companies are implementing various market trends and analysis strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market and result of the market analysis.

  • Ambatovy: The company offers cobalt used in different chemical, metallurgical, and industrial products such as high-temperature, wear-resistant super alloys, catalysts, magnetic alloys, electronics, and rechargeable batteries.

The  market  growth and forecasting report also includes detailed analyses of the competitive landscape of the market and information about 10 market companies, including:

BHP Group plc, China Molybdenum Co. Ltd., COBALT CORP., ELECTRA BATTERY MATERIALS CORP., Eramet, European Cobalt Ltd., Freeport McMoRan Inc., Glencore Plc, Jervois Global Ltd., Missouri Cobalt LLC, MMG Ltd., PJSC MMC Norilsk Nickel, Red Rock Resources plc, Sherritt International Corp., Sumitomo Metal Mining Co. Ltd., Umicore SA, Vale SA, Zhejiang Huayou Cobalt Co. Ltd., and Eurasian Resources Group.

The market analysis and report of qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Market Customer Landscape

The market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. The market research and growth report focuses on adoption rates in different regions based on penetration. Furthermore, the market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market and forecasting growth strategies.

Global Market Customer Landscape

Market Analyst Overview:

The cobalt market is intricately tied to various sectors, notably the automobile industry, electronics industry, and oil and gas industry. With its indispensable role in producing high-speed cutting tools and Lithium-ion batteries (LIBs), the demand for this product is further boosted by the rising prominence of Electric vehicle market. The surge in Battery electric vehicles (BEVs) and Plug-in hybrid electric vehicles (PHEVs) has significantly augmented the need for cobalt, particularly in LiCoO2 (LCO) cathode production. As per the Consumer Technology Association and the Bureau of Economic Analysis, the importance of this product in electrical appliances, computer, and electronic products manufacturing remains unparalleled. With its diverse applications across key industries, it continues to be a pivotal resource driving innovation and technological advancement.

Cobalt Market Scope

Report Coverage

Details

Page number

178

Base year

2023

Historic period

2017-2021

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 12.73%

Market growth 2024-2028

USD 8.01 billion

Market structure

Fragmented

YoY growth 2023-2024(%)

12.23

Regional analysis

APAC, North America, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 68%

Key countries

US, China, Japan, India, and Russia

Competitive landscape

 Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Ambatovy, BHP Group plc, China Molybdenum Co. Ltd., COBALT CORP., ELECTRA BATTERY MATERIALS CORP., Eramet, European Cobalt Ltd., Freeport McMoRan Inc., Glencore Plc, Jervois Global Ltd., Missouri Cobalt LLC, MMG Ltd., PJSC MMC Norilsk Nickel, Red Rock Resources plc, Sherritt International Corp., Sumitomo Metal Mining Co. Ltd., Umicore SA, Vale SA, Zhejiang Huayou Cobalt Co. Ltd., and Eurasian Resources Group.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

View PDF Sample

What are the Key Data Covered in this Market Research Report?

  • CAGR of the market forecast during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2024 and 2028
  • Precise estimation of the size of the market  size and its contribution of the market in focus to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behaviour
  • Growth of the market industry across APAC, North America, Europe, South America, and Middle East and Africa
  • Thorough market analysis and report of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

We can help! Our analysts can customize this market research report to meet your requirements. 

Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global cobalt market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global cobalt market 2018 - 2022 ($ billion)
    • 4.2 Type Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – Type Segment 2018 - 2022 ($ billion)
    • 4.3 Application Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – Application Segment 2018 - 2022 ($ billion)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by Type

    • 6.1 Market segments
      • Exhibit 30: Chart on Type - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on Type - Market share 2023-2028 (%)
    • 6.2 Comparison by Type
      • Exhibit 32: Chart on Comparison by Type
      • Exhibit 33: Data Table on Comparison by Type
    • 6.3 Cobalt sulfate - Market size and forecast 2023-2028
      • Exhibit 34: Chart on Cobalt sulfate - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 35: Data Table on Cobalt sulfate - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 36: Chart on Cobalt sulfate - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on Cobalt sulfate - Year-over-year growth 2023-2028 (%)
    • 6.4 Cobalt oxide - Market size and forecast 2023-2028
      • Exhibit 38: Chart on Cobalt oxide - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 39: Data Table on Cobalt oxide - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 40: Chart on Cobalt oxide - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on Cobalt oxide - Year-over-year growth 2023-2028 (%)
    • 6.5 Cobalt metal - Market size and forecast 2023-2028
      • Exhibit 42: Chart on Cobalt metal - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 43: Data Table on Cobalt metal - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 44: Chart on Cobalt metal - Year-over-year growth 2023-2028 (%)
      • Exhibit 45: Data Table on Cobalt metal - Year-over-year growth 2023-2028 (%)
    • 6.6 Market opportunity by Type
      • Exhibit 46: Market opportunity by Type ($ billion)
      • Exhibit 47: Data Table on Market opportunity by Type ($ billion)

    7 Market Segmentation by Application

    • 7.1 Market segments
      • Exhibit 48: Chart on Application - Market share 2023-2028 (%)
      • Exhibit 49: Data Table on Application - Market share 2023-2028 (%)
    • 7.2 Comparison by Application
      • Exhibit 50: Chart on Comparison by Application
      • Exhibit 51: Data Table on Comparison by Application
    • 7.3 Batteries and electronics - Market size and forecast 2023-2028
      • Exhibit 52: Chart on Batteries and electronics - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 53: Data Table on Batteries and electronics - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 54: Chart on Batteries and electronics - Year-over-year growth 2023-2028 (%)
      • Exhibit 55: Data Table on Batteries and electronics - Year-over-year growth 2023-2028 (%)
    • 7.4 Super alloys - Market size and forecast 2023-2028
      • Exhibit 56: Chart on Super alloys - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 57: Data Table on Super alloys - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 58: Chart on Super alloys - Year-over-year growth 2023-2028 (%)
      • Exhibit 59: Data Table on Super alloys - Year-over-year growth 2023-2028 (%)
    • 7.5 Pigments - Market size and forecast 2023-2028
      • Exhibit 60: Chart on Pigments - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 61: Data Table on Pigments - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 62: Chart on Pigments - Year-over-year growth 2023-2028 (%)
      • Exhibit 63: Data Table on Pigments - Year-over-year growth 2023-2028 (%)
    • 7.6 Hard materials - Market size and forecast 2023-2028
      • Exhibit 64: Chart on Hard materials - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 65: Data Table on Hard materials - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 66: Chart on Hard materials - Year-over-year growth 2023-2028 (%)
      • Exhibit 67: Data Table on Hard materials - Year-over-year growth 2023-2028 (%)
    • 7.7 Others - Market size and forecast 2023-2028
      • Exhibit 68: Chart on Others - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 69: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 70: Chart on Others - Year-over-year growth 2023-2028 (%)
      • Exhibit 71: Data Table on Others - Year-over-year growth 2023-2028 (%)
    • 7.8 Market opportunity by Application
      • Exhibit 72: Market opportunity by Application ($ billion)
      • Exhibit 73: Data Table on Market opportunity by Application ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 74: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 75: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 76: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 77: Chart on Geographic comparison
      • Exhibit 78: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2023-2028
      • Exhibit 79: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 80: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 81: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.4 North America - Market size and forecast 2023-2028
      • Exhibit 83: Chart on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 84: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 85: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.5 Europe - Market size and forecast 2023-2028
      • Exhibit 87: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 88: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 89: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.6 South America - Market size and forecast 2023-2028
      • Exhibit 91: Chart on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 92: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 93: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 95: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 96: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 97: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.8 China - Market size and forecast 2023-2028
      • Exhibit 99: Chart on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 100: Data Table on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 101: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.9 US - Market size and forecast 2023-2028
      • Exhibit 103: Chart on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 104: Data Table on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 105: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 106: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.10 Russia - Market size and forecast 2023-2028
      • Exhibit 107: Chart on Russia - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 108: Data Table on Russia - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 109: Chart on Russia - Year-over-year growth 2023-2028 (%)
      • Exhibit 110: Data Table on Russia - Year-over-year growth 2023-2028 (%)
    • 9.11 India - Market size and forecast 2023-2028
      • Exhibit 111: Chart on India - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 112: Data Table on India - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 113: Chart on India - Year-over-year growth 2023-2028 (%)
      • Exhibit 114: Data Table on India - Year-over-year growth 2023-2028 (%)
    • 9.12 Japan - Market size and forecast 2023-2028
      • Exhibit 115: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 116: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 117: Chart on Japan - Year-over-year growth 2023-2028 (%)
      • Exhibit 118: Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 119: Market opportunity by geography ($ billion)
      • Exhibit 120: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 121: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 122: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 123: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 124: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 125: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 126: Matrix on vendor position and classification
            • 12.3 Ambatovy
              • Exhibit 127: Ambatovy - Overview
              • Exhibit 128: Ambatovy - Product / Service
              • Exhibit 129: Ambatovy - Key offerings
            • 12.4 BHP Group plc
              • Exhibit 130: BHP Group plc - Overview
              • Exhibit 131: BHP Group plc - Business segments
              • Exhibit 132: BHP Group plc - Key offerings
              • Exhibit 133: BHP Group plc - Segment focus
            • 12.5 China Molybdenum Co. Ltd.
              • Exhibit 134: China Molybdenum Co. Ltd. - Overview
              • Exhibit 135: China Molybdenum Co. Ltd. - Product / Service
              • Exhibit 136: China Molybdenum Co. Ltd. - Key offerings
            • 12.6 ELECTRA BATTERY MATERIALS CORP.
              • Exhibit 137: ELECTRA BATTERY MATERIALS CORP. - Overview
              • Exhibit 138: ELECTRA BATTERY MATERIALS CORP. - Product / Service
              • Exhibit 139: ELECTRA BATTERY MATERIALS CORP. - Key offerings
            • 12.7 Eramet
              • Exhibit 140: Eramet - Overview
              • Exhibit 141: Eramet - Business segments
              • Exhibit 142: Eramet - Key news
              • Exhibit 143: Eramet - Key offerings
              • Exhibit 144: Eramet - Segment focus
            • 12.8 Eurasian Resources Group.
              • Exhibit 145: Eurasian Resources Group. - Overview
              • Exhibit 146: Eurasian Resources Group. - Product / Service
              • Exhibit 147: Eurasian Resources Group. - Key offerings
            • 12.9 European Cobalt Ltd.
              • Exhibit 148: European Cobalt Ltd. - Overview
              • Exhibit 149: European Cobalt Ltd. - Product / Service
              • Exhibit 150: European Cobalt Ltd. - Key offerings
            • 12.10 Freeport McMoRan Inc.
              • Exhibit 151: Freeport McMoRan Inc. - Overview
              • Exhibit 152: Freeport McMoRan Inc. - Business segments
              • Exhibit 153: Freeport McMoRan Inc. - Key news
              • Exhibit 154: Freeport McMoRan Inc. - Key offerings
              • Exhibit 155: Freeport McMoRan Inc. - Segment focus
            • 12.11 Glencore Plc
              • Exhibit 156: Glencore Plc - Overview
              • Exhibit 157: Glencore Plc - Business segments
              • Exhibit 158: Glencore Plc - Key offerings
              • Exhibit 159: Glencore Plc - Segment focus
            • 12.12 Jervois Global Ltd.
              • Exhibit 160: Jervois Global Ltd. - Overview
              • Exhibit 161: Jervois Global Ltd. - Product / Service
              • Exhibit 162: Jervois Global Ltd. - Key offerings
            • 12.13 Missouri Cobalt LLC
              • Exhibit 163: Missouri Cobalt LLC - Overview
              • Exhibit 164: Missouri Cobalt LLC - Product / Service
              • Exhibit 165: Missouri Cobalt LLC - Key offerings
            • 12.14 Red Rock Resources plc
              • Exhibit 166: Red Rock Resources plc - Overview
              • Exhibit 167: Red Rock Resources plc - Product / Service
              • Exhibit 168: Red Rock Resources plc - Key offerings
            • 12.15 Sherritt International Corp.
              • Exhibit 169: Sherritt International Corp. - Overview
              • Exhibit 170: Sherritt International Corp. - Business segments
              • Exhibit 171: Sherritt International Corp. - Key offerings
              • Exhibit 172: Sherritt International Corp. - Segment focus
            • 12.16 Sumitomo Metal Mining Co. Ltd.
              • Exhibit 173: Sumitomo Metal Mining Co. Ltd. - Overview
              • Exhibit 174: Sumitomo Metal Mining Co. Ltd. - Business segments
              • Exhibit 175: Sumitomo Metal Mining Co. Ltd. - Key offerings
              • Exhibit 176: Sumitomo Metal Mining Co. Ltd. - Segment focus
            • 12.17 Umicore SA
              • Exhibit 177: Umicore SA - Overview
              • Exhibit 178: Umicore SA - Business segments
              • Exhibit 179: Umicore SA - Key news
              • Exhibit 180: Umicore SA - Key offerings
              • Exhibit 181: Umicore SA - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 182: Inclusions checklist
                • Exhibit 183: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 184: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 185: Research methodology
                • Exhibit 186: Validation techniques employed for market sizing
                • Exhibit 187: Information sources
              • 13.5 List of abbreviations
                • Exhibit 188: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

              PURCHASE FULL REPORT OF

              cobalt market market

              QUICK BUY

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

              Why should you prefer Technavio's market insights report?

              • Off-the-shelf research reports
              • Reports can be tailored to meet the customer's needs
              • Trusted by more than 100 fortune 500 organizations
              • Information about the market's key drivers, trends, and challenges
              • Parent market analysis
              • Every week, 50,000 people visit our subscription platform
              • Detailed vendors report with competitive landscape
              • Covid-19 impact and recovery analysis
              • Data on revenue-generating market segments
              • Details on the market shares of various regions
              • Five-force market analysis