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

Published: Feb 2024 Pages: 165 SKU: IRTNTR73182

Cobalt Sulfate Market 2024-2028

The cobalt sulfate market size is forecast to increase by USD 502.9 million, at a CAGR of 6.52% between 2023 and 2028. The growth rate of the market depends on several factors, including increased demand for cobalt sulfate due to the growth of the electric vehicle industry, enlarged expansion of the smartphone industry, and expanded recyclable properties of cobalt. 

The report includes a comprehensive outlook on the market offering forecasts for the industry segmented by Application, which comprises battery, pigment, and others. Additionally, it categorizes Grade Type into battery grade, industrial grade, and agriculture and feed grade and covers Region, including North America, APAC, Europe, Middle East and Africa, and South America. The report provides market size, historical data spanning from 2018 to 2022, and future projections, all presented in terms of value in USD million for each of the mentioned segments.

What will be the Market Size During the Forecast Period?

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Market Definition 

Cobalt sulfate is a chemical compound composed of cobalt, sulfur, and oxygen. It is commonly used as a source of cobalt in various industrial applications. Cobalt sulfate is known for its vibrant pink color, making it useful in the production of pigments and dyes. It also serves as a precursor for other cobalt compounds and acts as a catalyst in certain chemical reactions. Additionally, cobalt sulfate is utilized in agriculture as a nutritional supplement for livestock and as a fungicide in plant protection.

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Market Key Drivers, Trends, Challenges

Key Market Growth Analysis Driver

The expanded recyclable property of cobalt is notably driving market development. Countries such as the US have started recycling cobalt and using it for various purposes. Cobalt is primarily used in rechargeable batteries, and many companies have developed methods to extract cobalt from old rechargeable batteries and use them in new batteries. Pyrometallurgy is a recycling process in which old batteries are heated in a high-temperature environment to extract cobalt. Vendors such as Umicore, Retriev Technologies, and American Manganese are involved in the extraction of cobalt and other metals from old batteries.

Further, Umicore uses a combination of pyrometallurgy and a chemical process called hydrometallurgy to extract cobalt and other metals. Retriev Technologies, a US-based company, recycles lithium-ion batteries and recovers cobalt and other metals from them. American Manganese, a critical metal company, retrieves cobalt along with other metals from batteries. Thus, the Increased recyclable properties of cobalt will drive the market growth and trends during the forecast period.

Significant Market Trends and Analysis

The emergence of new cobalt recovery technology is an emerging trend shaping market growth. Another trend is the recycling and cobalt recovery to meet the increasing demand for cobalt. Manufacturers are looking for different methods to meet the growing cobalt demand, and emerging technology is electrowin. It is one of the best ways of recovering cobalt from low-concentration solutions. emewCorporation's electrowinning technology has a number of advantages over conventional cobalt electrowinning.

However, this process can produce cobalt with purity levels above 99%. emewCorporation's electrowinning process is different from the traditional electrowin in terms of the high mass transfer of an emew cell. This high mass transfer of a new cell has the capacity for higher current efficiency and can withstand higher current densities. This enables increased extraction of cobalt. Thus, the emergence of new cobalt recovery technology will drive the growth of the market during the forecast period.

Major Challenge

The availability of substitutes such as nickel sulfate is a significant challenge hindering market growth. The short supply of cobalt is leading to a hike in the prices of cobalt across the world. The increasing prices of cobalt are expected to lead to the development of low-cobalt batteries. This short supply of cobalt is benefiting the nickel industry. Manufacturers of battery technologies such as NCA and NCM, which use a lot of cobalt, are slowly shifting to the use of nickel sulfate. 

Moreover, batteries such as 622 batteries (with two parts cobalt for six parts nickel), which were used in many European EV battery applications, are expected to be replaced by 811 chemistry (with only one part of cobalt for eight parts nickel). Such substitutes are expected to pose a major threat to the growth of the market during the forecast period.

Segmentation by End-User, Application, Grade Type, and Geography

End-user Analysis 

The market share growth by the battery segment will be significant during the forecast years. Cobalt sulfate is a critical component used in lithium-ion batteries, which find extensive applications in electric vehicles (EVs), energy storage systems, and portable electronic devices. The increasing demand for EVs is a major driving factor for the growth of the battery segment in the market. As countries worldwide focus on transitioning to cleaner and more sustainable modes of transportation, the EV industry has witnessed remarkable growth.

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The battery segment was the largest and was valued at USD 822.02 million in 2018. The rising demand for energy storage systems, both for residential and commercial purposes, also contributes to the growth of the battery segment in the market. These systems utilize lithium-ion batteries to store excess energy generated from renewable sources such as solar and wind power. Cobalt sulfate is crucial in maintaining the efficiency and longevity of these energy storage systems. The battery segment is witnessing significant growth due to the increasing demand for electric vehicles and energy storage systems, which, in turn, will drive the growth of the market during the forecast period.

Grade Type Analysis 

Based on the grade type, the market has been segmented into battery grade, industrial grade, and agriculture and feed grade. The battery grade?segment will account for the largest share of this segment.?The battery grade segment in the global cobalt sulfate market is a crucial and rapidly growing sector. With the increasing demand for electric vehicles and the shift towards sustainable energy sources, the demand for cobalt sulfate has also witnessed a significant surge. This growth is primarily driven by the rising adoption of electric vehicles as an environmentally friendly transportation alternative and the expansion of renewable energy projects globally. Thus, cobalt sulfate plays a critical role in the development of the electric vehicle and renewable energy industries, which, in turn, will drive the growth of the battery grade segment in the market during the forecast period. 

Region Analysis

APAC is estimated to contribute 43% to the growth of the global market during the projection 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 projection period.

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Further, the major driver for this region is the growth of the EV market in China. China was once again the frontrunner, accounting for around 60% of global electric vehicle sales. More than half of all-electric vehicles on the road today are in China, and the government has already exceeded its 2025 target for new energy vehicle sales. China is the greatest market for electric vehicles, accounting for 40% of overall sales by 2030, according to IEA Stated Policies Scenario (STEPS). The major driver for the growth of electric car stock in China is China's rapidly growing battery electric vehicles (BEVs) market, where BEVs have continued to dominate over plug-in hybrid electric vehicles (PHEVs). The other APAC countries such as Japan, India, and Indonesia also have their share of cobalt consumption. Along with China, Japan also has a strong interest in cobalt supply as the country is looking to increase its electric vehicle production.

In addition, EV sales in India are expected to increase by the end of 2022, which will boost the market in the country. Initiatives such as the National Electric Mobility Mission Plan (NEMMP) 2013 and Faster Adoption and Manufacturing of Hybrid & Electric Vehicles (FAME) 2015 promoted the use of EVs in India. Under the NEMMP initiative, around 6-7 million EVs/hybrid vehicles are expected to be on the road by the end of 2022. Such factors are expected to drive the regional market growth during the forecast period. 

Key Companies

Companies are implementing various market growth and forecasting strategies by analyzing factors such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product or service launches, to enhance their presence in the market.

Anglo American plc: The company offers cobalt sulphate that is refined and tailor made for specific requirements.

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including Anglo American plc, Australian Mines Ltd., Dalian Aote Cobalt Nickel New Material Manufacturing Co., DECCAN SULPHATE, Dhruv Chemicals, Freeport McMoRan Inc., Ganzhou Tengyuan Cobalt New Materials Co. Ltd., GEM Co. Ltd., Hunter Chemical LLC, INCASA SA, Jervois Global Ltd., Merck KGaA, Nantong Xinwei Nickel and Cobalt Hightech Development Co. Ltd., PARSHVA CHEMICALS, Parth Industries, PJSC MMC Norilsk Nickel, Umicore SA, Vedanta Ltd, Zhangjiagang Huayi Chemical Co. Ltd., and Zhejiang Huayou Cobalt Co. Ltd.

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.

Segment Overview

The market research and growth report predicts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028. 

  • Application Outlook 
    • Battery
    • Pigment
    • Others
  • Grade Type Outlook
    • Battery grade
    • Industrial grade
    • Agriculture and feed grade
  • Region Outlook 
    • North America
      • The U.S.
      • Canada
    • South America
      • Chile
      • Brazil
      • Argentina 
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Cobalt Sulfate Market Scope

Report Coverage

Details

Page number

165

Base year

2023

Historic period

 2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 6.52%

Market Growth 2024-2028

USD 502.9 million

Market structure

Fragmented

YoY growth 2023-2024(%)

5.94

Regional analysis

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

Performing market contribution

APAC at 43%

Key countries

US, China, Japan, India, and Russia

Competitive landscape

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

Key companies profiled

Anglo American plc, Australian Mines Ltd., Dalian Aote Cobalt Nickel New Material Manufacturing Co., DECCAN SULPHATE, Dhruv Chemicals, Freeport McMoRan Inc., Ganzhou Tengyuan Cobalt New Materials Co. Ltd., GEM Co. Ltd., Hunter Chemical LLC, INCASA SA, Jervois Global Ltd., Merck KGaA, Nantong Xinwei Nickel and Cobalt Hightech Development Co. Ltd., PARSHVA CHEMICALS, Parth Industries, PJSC MMC Norilsk Nickel, Umicore SA, Vedanta Ltd, Zhangjiagang Huayi Chemical Co. Ltd., and Zhejiang Huayou Cobalt Co. Ltd.

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.

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What are the Key Data Covered in this Cobalt Sulfate 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 market size and its contribution of the market in focus to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market across APAC, Europe, North America, Middle East and Africa, and South America
  • 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 Application
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Grade Type
    • 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 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
      • 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 sulfate market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global cobalt sulfate market 2018 - 2022 ($ million)
    • 4.2 Application Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – Application Segment 2018 - 2022 ($ million)
    • 4.3 Grade Type Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – Grade Type Segment 2018 - 2022 ($ million)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ million)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ million)

    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 Application

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

    7 Market Segmentation by Grade Type

    • 7.1 Market segments
      • Exhibit 48: Chart on Grade Type - Market share 2023-2028 (%)
      • Exhibit 49: Data Table on Grade Type - Market share 2023-2028 (%)
    • 7.2 Comparison by Grade Type
      • Exhibit 50: Chart on Comparison by Grade Type
      • Exhibit 51: Data Table on Comparison by Grade Type
    • 7.3 Battery grade - Market size and forecast 2023-2028
      • Exhibit 52: Chart on Battery grade - Market size and forecast 2023-2028 ($ million)
      • Exhibit 53: Data Table on Battery grade - Market size and forecast 2023-2028 ($ million)
      • Exhibit 54: Chart on Battery grade - Year-over-year growth 2023-2028 (%)
      • Exhibit 55: Data Table on Battery grade - Year-over-year growth 2023-2028 (%)
    • 7.4 Industrial grade - Market size and forecast 2023-2028
      • Exhibit 56: Chart on Industrial grade - Market size and forecast 2023-2028 ($ million)
      • Exhibit 57: Data Table on Industrial grade - Market size and forecast 2023-2028 ($ million)
      • Exhibit 58: Chart on Industrial grade - Year-over-year growth 2023-2028 (%)
      • Exhibit 59: Data Table on Industrial grade - Year-over-year growth 2023-2028 (%)
    • 7.5 Agriculture and feed grade - Market size and forecast 2023-2028
      • Exhibit 60: Chart on Agriculture and feed grade - Market size and forecast 2023-2028 ($ million)
      • Exhibit 61: Data Table on Agriculture and feed grade - Market size and forecast 2023-2028 ($ million)
      • Exhibit 62: Chart on Agriculture and feed grade - Year-over-year growth 2023-2028 (%)
      • Exhibit 63: Data Table on Agriculture and feed grade - Year-over-year growth 2023-2028 (%)
    • 7.6 Market opportunity by Grade Type
      • Exhibit 64: Market opportunity by Grade Type ($ million)
      • Exhibit 65: Data Table on Market opportunity by Grade Type ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 67: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 68: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 69: Chart on Geographic comparison
      • Exhibit 70: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2023-2028
      • Exhibit 71: Chart on APAC - Market size and forecast 2023-2028 ($ million)
      • Exhibit 72: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
      • Exhibit 73: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 74: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.4 Europe - Market size and forecast 2023-2028
      • Exhibit 75: Chart on Europe - Market size and forecast 2023-2028 ($ million)
      • Exhibit 76: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
      • Exhibit 77: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 78: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.5 North America - Market size and forecast 2023-2028
      • Exhibit 79: Chart on North America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 80: Data Table on North America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 81: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.6 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.7 South America - Market size and forecast 2023-2028
      • Exhibit 87: Chart on South America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 88: Data Table on South America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 89: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.8 China - Market size and forecast 2023-2028
      • Exhibit 91: Chart on China - Market size and forecast 2023-2028 ($ million)
      • Exhibit 92: Data Table on China - Market size and forecast 2023-2028 ($ million)
      • Exhibit 93: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.9 US - Market size and forecast 2023-2028
      • Exhibit 95: Chart on US - Market size and forecast 2023-2028 ($ million)
      • Exhibit 96: Data Table on US - Market size and forecast 2023-2028 ($ million)
      • Exhibit 97: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.10 Russia - Market size and forecast 2023-2028
      • Exhibit 99: Chart on Russia - Market size and forecast 2023-2028 ($ million)
      • Exhibit 100: Data Table on Russia - Market size and forecast 2023-2028 ($ million)
      • Exhibit 101: Chart on Russia - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on Russia - Year-over-year growth 2023-2028 (%)
    • 9.11 Japan - Market size and forecast 2023-2028
      • Exhibit 103: Chart on Japan - Market size and forecast 2023-2028 ($ million)
      • Exhibit 104: Data Table on Japan - Market size and forecast 2023-2028 ($ million)
      • Exhibit 105: Chart on Japan - Year-over-year growth 2023-2028 (%)
      • Exhibit 106: Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • 9.12 India - Market size and forecast 2023-2028
      • Exhibit 107: Chart on India - Market size and forecast 2023-2028 ($ million)
      • Exhibit 108: Data Table on India - Market size and forecast 2023-2028 ($ million)
      • Exhibit 109: Chart on India - Year-over-year growth 2023-2028 (%)
      • Exhibit 110: Data Table on India - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 111: Market opportunity by geography ($ million)
      • Exhibit 112: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 113: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 115: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 116: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 117: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 118: Matrix on vendor position and classification
            • 12.3 Anglo American plc
              • Exhibit 119: Anglo American plc - Overview
              • Exhibit 120: Anglo American plc - Business segments
              • Exhibit 121: Anglo American plc - Key news
              • Exhibit 122: Anglo American plc - Key offerings
              • Exhibit 123: Anglo American plc - Segment focus
            • 12.4 Australian Mines Ltd.
              • Exhibit 124: Australian Mines Ltd. - Overview
              • Exhibit 125: Australian Mines Ltd. - Product / Service
              • Exhibit 126: Australian Mines Ltd. - Key offerings
            • 12.5 Dalian Aote Cobalt Nickel New Material Manufacturing Co.
              • Exhibit 127: Dalian Aote Cobalt Nickel New Material Manufacturing Co. - Overview
              • Exhibit 128: Dalian Aote Cobalt Nickel New Material Manufacturing Co. - Product / Service
              • Exhibit 129: Dalian Aote Cobalt Nickel New Material Manufacturing Co. - Key offerings
            • 12.6 Freeport McMoRan Inc.
              • Exhibit 130: Freeport McMoRan Inc. - Overview
              • Exhibit 131: Freeport McMoRan Inc. - Business segments
              • Exhibit 132: Freeport McMoRan Inc. - Key news
              • Exhibit 133: Freeport McMoRan Inc. - Key offerings
              • Exhibit 134: Freeport McMoRan Inc. - Segment focus
            • 12.7 Ganzhou Tengyuan Cobalt New Materials Co. Ltd.
              • Exhibit 135: Ganzhou Tengyuan Cobalt New Materials Co. Ltd. - Overview
              • Exhibit 136: Ganzhou Tengyuan Cobalt New Materials Co. Ltd. - Product / Service
              • Exhibit 137: Ganzhou Tengyuan Cobalt New Materials Co. Ltd. - Key offerings
            • 12.8 GEM Co. Ltd.
              • Exhibit 138: GEM Co. Ltd. - Overview
              • Exhibit 139: GEM Co. Ltd. - Product / Service
              • Exhibit 140: GEM Co. Ltd. - Key offerings
            • 12.9 Hunter Chemical LLC
              • Exhibit 141: Hunter Chemical LLC - Overview
              • Exhibit 142: Hunter Chemical LLC - Product / Service
              • Exhibit 143: Hunter Chemical LLC - Key offerings
            • 12.10 INCASA SA
              • Exhibit 144: INCASA SA - Overview
              • Exhibit 145: INCASA SA - Product / Service
              • Exhibit 146: INCASA SA - Key offerings
            • 12.11 Jervois Global Ltd.
              • Exhibit 147: Jervois Global Ltd. - Overview
              • Exhibit 148: Jervois Global Ltd. - Product / Service
              • Exhibit 149: Jervois Global Ltd. - Key offerings
            • 12.12 Nantong Xinwei Nickel and Cobalt Hightech Development Co. Ltd.
              • Exhibit 150: Nantong Xinwei Nickel and Cobalt Hightech Development Co. Ltd. - Overview
              • Exhibit 151: Nantong Xinwei Nickel and Cobalt Hightech Development Co. Ltd. - Product / Service
              • Exhibit 152: Nantong Xinwei Nickel and Cobalt Hightech Development Co. Ltd. - Key offerings
            • 12.13 PJSC MMC Norilsk Nickel
              • Exhibit 153: PJSC MMC Norilsk Nickel - Overview
              • Exhibit 154: PJSC MMC Norilsk Nickel - Business segments
              • Exhibit 155: PJSC MMC Norilsk Nickel - Key news
              • Exhibit 156: PJSC MMC Norilsk Nickel - Key offerings
              • Exhibit 157: PJSC MMC Norilsk Nickel - Segment focus
            • 12.14 Umicore SA
              • Exhibit 158: Umicore SA - Overview
              • Exhibit 159: Umicore SA - Business segments
              • Exhibit 160: Umicore SA - Key news
              • Exhibit 161: Umicore SA - Key offerings
              • Exhibit 162: Umicore SA - Segment focus
            • 12.15 Vedanta Ltd
              • Exhibit 163: Vedanta Ltd - Overview
              • Exhibit 164: Vedanta Ltd - Business segments
              • Exhibit 165: Vedanta Ltd - Key offerings
              • Exhibit 166: Vedanta Ltd - Segment focus
            • 12.16 Zhangjiagang Huayi Chemical Co. Ltd.
              • Exhibit 167: Zhangjiagang Huayi Chemical Co. Ltd. - Overview
              • Exhibit 168: Zhangjiagang Huayi Chemical Co. Ltd. - Product / Service
              • Exhibit 169: Zhangjiagang Huayi Chemical Co. Ltd. - Key offerings
            • 12.17 Zhejiang Huayou Cobalt Co. Ltd.
              • Exhibit 170: Zhejiang Huayou Cobalt Co. Ltd. - Overview
              • Exhibit 171: Zhejiang Huayou Cobalt Co. Ltd. - Product / Service
              • Exhibit 172: Zhejiang Huayou Cobalt Co. Ltd. - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 173: Inclusions checklist
                • Exhibit 174: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 175: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 176: Research methodology
                • Exhibit 177: Validation techniques employed for market sizing
                • Exhibit 178: Information sources
              • 13.5 List of abbreviations
                • Exhibit 179: 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

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              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?

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