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Global Battery Grade Cobalt Chloride Market Research Report 2025
Synopsis
Battery-grade cobalt chloride is a highly purified chemical compound used in the production of rechargeable lithium-ion batteries. It is known for its ability to enhance battery performance, stability, and energy density. Cobalt chloride is added to the cathode material of batteries as a catalyst to facilitate the movement of lithium ions, improving energy transfer and extending battery life. With the increasing demand for electric vehicles and renewable energy storage, the market prospects for battery-grade cobalt chloride are promising. However, concerns about ethical and environmental issues related to cobalt extraction and supply chain sustainability are also influencing the market dynamics of this compound.
Global Battery Grade Cobalt Chloride market is projected to reach US$ million in 2029, increasing from US$ million in 2022, with the CAGR of % during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Battery Grade Cobalt Chloride market research.
The market prospect for battery-grade cobalt chloride is expected to be positive due to the increasing demand for lithium-ion batteries in various applications, including electric vehicles and renewable energy storage systems. Cobalt chloride is a crucial component that enhances battery performance and energy density. However, the market is also influenced by concerns regarding the ethical sourcing and environmental impact of cobalt mining. Efforts to reduce cobalt usage and explore alternative materials may impact the demand for cobalt chloride in the future. Nonetheless, the growth of the electric vehicle market and the expansion of renewable energy infrastructure indicate a strong market potential for battery-grade cobalt chloride.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Battery Grade Cobalt Chloride market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Zhejiang Huayou Cobalt
Ganzhou Teng Yuan Cobalt New Material
Nantong Xinwei Nickel & Cobalt Hightech Development
Zhangjiagang Huayi Chemical
Hebei Kingway Chemical Industry
Umicore
Guangdong Jiana Energy Technology
GEM
Segment by Type
Purity 2N
Purity 3N
Purity 4N
Segment by Application
Consumer Battery
Power Battery
Energy Storage Battery
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
The Battery Grade Cobalt Chloride report covers below items:
Chapter 1: Product Basic Information (Definition, type and application)
Chapter 2: Manufacturers’ Competition Patterns
Chapter 3: Production Region Distribution and Analysis
Chapter 4: Country Level Sales Analysis
Chapter 5: Product Type Analysis
Chapter 6: Product Application Analysis
Chapter 7: Manufacturers’ Outline
Chapter 8: Industry Chain, Market Channel and Customer Analysis
Chapter 9: Market Opportunities and Challenges
Chapter 10: Market Conclusions
Chapter 11: Research Methodology and Data Source
Battery-grade cobalt chloride is a highly purified chemical compound used in the production of rechargeable lithium-ion batteries. It is known for its ability to enhance battery performance, stability, and energy density. Cobalt chloride is added to the cathode material of batteries as a catalyst to facilitate the movement of lithium ions, improving energy transfer and extending battery life. With the increasing demand for electric vehicles and renewable energy storage, the market prospects for battery-grade cobalt chloride are promising. However, concerns about ethical and environmental issues related to cobalt extraction and supply chain sustainability are also influencing the market dynamics of this compound.
Global Battery Grade Cobalt Chloride market is projected to reach US$ million in 2029, increasing from US$ million in 2022, with the CAGR of % during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Battery Grade Cobalt Chloride market research.
The market prospect for battery-grade cobalt chloride is expected to be positive due to the increasing demand for lithium-ion batteries in various applications, including electric vehicles and renewable energy storage systems. Cobalt chloride is a crucial component that enhances battery performance and energy density. However, the market is also influenced by concerns regarding the ethical sourcing and environmental impact of cobalt mining. Efforts to reduce cobalt usage and explore alternative materials may impact the demand for cobalt chloride in the future. Nonetheless, the growth of the electric vehicle market and the expansion of renewable energy infrastructure indicate a strong market potential for battery-grade cobalt chloride.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Battery Grade Cobalt Chloride market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Zhejiang Huayou Cobalt
Ganzhou Teng Yuan Cobalt New Material
Nantong Xinwei Nickel & Cobalt Hightech Development
Zhangjiagang Huayi Chemical
Hebei Kingway Chemical Industry
Umicore
Guangdong Jiana Energy Technology
GEM
Segment by Type
Purity 2N
Purity 3N
Purity 4N
Segment by Application
Consumer Battery
Power Battery
Energy Storage Battery
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
The Battery Grade Cobalt Chloride report covers below items:
Chapter 1: Product Basic Information (Definition, type and application)
Chapter 2: Manufacturers’ Competition Patterns
Chapter 3: Production Region Distribution and Analysis
Chapter 4: Country Level Sales Analysis
Chapter 5: Product Type Analysis
Chapter 6: Product Application Analysis
Chapter 7: Manufacturers’ Outline
Chapter 8: Industry Chain, Market Channel and Customer Analysis
Chapter 9: Market Opportunities and Challenges
Chapter 10: Market Conclusions
Chapter 11: Research Methodology and Data Source
Index1 Battery Grade Cobalt Chloride Market Overview
1.1 Product Definition
1.2 Battery Grade Cobalt Chloride Segment by Type
1.2.1 Global Battery Grade Cobalt Chloride Market Value Growth Rate Analysis by Type 2022 VS 2029
1.2.2 Purity 2N
1.2.3 Purity 3N
1.2.4 Purity 4N
1.3 Battery Grade Cobalt Chloride Segment by Application
1.3.1 Global Battery Grade Cobalt Chloride Market Value Growth Rate Analysis by Application: 2022 VS 2029
1.3.2 Consumer Battery
1.3.3 Power Battery
1.3.4 Energy Storage Battery
1.4 Global Market Growth Prospects
1.4.1 Global Battery Grade Cobalt Chloride Production Value Estimates and Forecasts (2018-2029)
1.4.2 Global Battery Grade Cobalt Chloride Production Capacity Estimates and Forecasts (2018-2029)
1.4.3 Global Battery Grade Cobalt Chloride Production Estimates and Forecasts (2018-2029)
1.4.4 Global Battery Grade Cobalt Chloride Market Average Price Estimates and Forecasts (2018-2029)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Battery Grade Cobalt Chloride Production Market Share by Manufacturers (2018-2023)
2.2 Global Battery Grade Cobalt Chloride Production Value Market Share by Manufacturers (2018-2023)
2.3 Global Key Players of Battery Grade Cobalt Chloride, Industry Ranking, 2021 VS 2022 VS 2023
2.4 Global Battery Grade Cobalt Chloride Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Battery Grade Cobalt Chloride Average Price by Manufacturers (2018-2023)
2.6 Global Key Manufacturers of Battery Grade Cobalt Chloride, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Battery Grade Cobalt Chloride, Product Offered and Application
2.8 Global Key Manufacturers of Battery Grade Cobalt Chloride, Date of Enter into This Industry
2.9 Battery Grade Cobalt Chloride Market Competitive Situation and Trends
2.9.1 Battery Grade Cobalt Chloride Market Concentration Rate
2.9.2 Global 5 and 10 Largest Battery Grade Cobalt Chloride Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Battery Grade Cobalt Chloride Production by Region
3.1 Global Battery Grade Cobalt Chloride Production Value Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.2 Global Battery Grade Cobalt Chloride Production Value by Region (2018-2029)
3.2.1 Global Battery Grade Cobalt Chloride Production Value Market Share by Region (2018-2023)
3.2.2 Global Forecasted Production Value of Battery Grade Cobalt Chloride by Region (2024-2029)
3.3 Global Battery Grade Cobalt Chloride Production Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.4 Global Battery Grade Cobalt Chloride Production by Region (2018-2029)
3.4.1 Global Battery Grade Cobalt Chloride Production Market Share by Region (2018-2023)
3.4.2 Global Forecasted Production of Battery Grade Cobalt Chloride by Region (2024-2029)
3.5 Global Battery Grade Cobalt Chloride Market Price Analysis by Region (2018-2023)
3.6 Global Battery Grade Cobalt Chloride Production and Value, Year-over-Year Growth
3.6.1 North America Battery Grade Cobalt Chloride Production Value Estimates and Forecasts (2018-2029)
3.6.2 Europe Battery Grade Cobalt Chloride Production Value Estimates and Forecasts (2018-2029)
3.6.3 China Battery Grade Cobalt Chloride Production Value Estimates and Forecasts (2018-2029)
3.6.4 Japan Battery Grade Cobalt Chloride Production Value Estimates and Forecasts (2018-2029)
4 Battery Grade Cobalt Chloride Consumption by Region
4.1 Global Battery Grade Cobalt Chloride Consumption Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
4.2 Global Battery Grade Cobalt Chloride Consumption by Region (2018-2029)
4.2.1 Global Battery Grade Cobalt Chloride Consumption by Region (2018-2023)
4.2.2 Global Battery Grade Cobalt Chloride Forecasted Consumption by Region (2024-2029)
4.3 North America
4.3.1 North America Battery Grade Cobalt Chloride Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.3.2 North America Battery Grade Cobalt Chloride Consumption by Country (2018-2029)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe Battery Grade Cobalt Chloride Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.4.2 Europe Battery Grade Cobalt Chloride Consumption by Country (2018-2029)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Battery Grade Cobalt Chloride Consumption Growth Rate by Region: 2018 VS 2022 VS 2029
4.5.2 Asia Pacific Battery Grade Cobalt Chloride Consumption by Region (2018-2029)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Battery Grade Cobalt Chloride Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.6.2 Latin America, Middle East & Africa Battery Grade Cobalt Chloride Consumption by Country (2018-2029)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Battery Grade Cobalt Chloride Production by Type (2018-2029)
5.1.1 Global Battery Grade Cobalt Chloride Production by Type (2018-2023)
5.1.2 Global Battery Grade Cobalt Chloride Production by Type (2024-2029)
5.1.3 Global Battery Grade Cobalt Chloride Production Market Share by Type (2018-2029)
5.2 Global Battery Grade Cobalt Chloride Production Value by Type (2018-2029)
5.2.1 Global Battery Grade Cobalt Chloride Production Value by Type (2018-2023)
5.2.2 Global Battery Grade Cobalt Chloride Production Value by Type (2024-2029)
5.2.3 Global Battery Grade Cobalt Chloride Production Value Market Share by Type (2018-2029)
5.3 Global Battery Grade Cobalt Chloride Price by Type (2018-2029)
6 Segment by Application
6.1 Global Battery Grade Cobalt Chloride Production by Application (2018-2029)
6.1.1 Global Battery Grade Cobalt Chloride Production by Application (2018-2023)
6.1.2 Global Battery Grade Cobalt Chloride Production by Application (2024-2029)
6.1.3 Global Battery Grade Cobalt Chloride Production Market Share by Application (2018-2029)
6.2 Global Battery Grade Cobalt Chloride Production Value by Application (2018-2029)
6.2.1 Global Battery Grade Cobalt Chloride Production Value by Application (2018-2023)
6.2.2 Global Battery Grade Cobalt Chloride Production Value by Application (2024-2029)
6.2.3 Global Battery Grade Cobalt Chloride Production Value Market Share by Application (2018-2029)
6.3 Global Battery Grade Cobalt Chloride Price by Application (2018-2029)
7 Key Companies Profiled
7.1 Zhejiang Huayou Cobalt
7.1.1 Zhejiang Huayou Cobalt Battery Grade Cobalt Chloride Corporation Information
7.1.2 Zhejiang Huayou Cobalt Battery Grade Cobalt Chloride Product Portfolio
7.1.3 Zhejiang Huayou Cobalt Battery Grade Cobalt Chloride Production, Value, Price and Gross Margin (2018-2023)
7.1.4 Zhejiang Huayou Cobalt Main Business and Markets Served
7.1.5 Zhejiang Huayou Cobalt Recent Developments/Updates
7.2 Ganzhou Teng Yuan Cobalt New Material
7.2.1 Ganzhou Teng Yuan Cobalt New Material Battery Grade Cobalt Chloride Corporation Information
7.2.2 Ganzhou Teng Yuan Cobalt New Material Battery Grade Cobalt Chloride Product Portfolio
7.2.3 Ganzhou Teng Yuan Cobalt New Material Battery Grade Cobalt Chloride Production, Value, Price and Gross Margin (2018-2023)
7.2.4 Ganzhou Teng Yuan Cobalt New Material Main Business and Markets Served
7.2.5 Ganzhou Teng Yuan Cobalt New Material Recent Developments/Updates
7.3 Nantong Xinwei Nickel & Cobalt Hightech Development
7.3.1 Nantong Xinwei Nickel & Cobalt Hightech Development Battery Grade Cobalt Chloride Corporation Information
7.3.2 Nantong Xinwei Nickel & Cobalt Hightech Development Battery Grade Cobalt Chloride Product Portfolio
7.3.3 Nantong Xinwei Nickel & Cobalt Hightech Development Battery Grade Cobalt Chloride Production, Value, Price and Gross Margin (2018-2023)
7.3.4 Nantong Xinwei Nickel & Cobalt Hightech Development Main Business and Markets Served
7.3.5 Nantong Xinwei Nickel & Cobalt Hightech Development Recent Developments/Updates
7.4 Zhangjiagang Huayi Chemical
7.4.1 Zhangjiagang Huayi Chemical Battery Grade Cobalt Chloride Corporation Information
7.4.2 Zhangjiagang Huayi Chemical Battery Grade Cobalt Chloride Product Portfolio
7.4.3 Zhangjiagang Huayi Chemical Battery Grade Cobalt Chloride Production, Value, Price and Gross Margin (2018-2023)
7.4.4 Zhangjiagang Huayi Chemical Main Business and Markets Served
7.4.5 Zhangjiagang Huayi Chemical Recent Developments/Updates
7.5 Hebei Kingway Chemical Industry
7.5.1 Hebei Kingway Chemical Industry Battery Grade Cobalt Chloride Corporation Information
7.5.2 Hebei Kingway Chemical Industry Battery Grade Cobalt Chloride Product Portfolio
7.5.3 Hebei Kingway Chemical Industry Battery Grade Cobalt Chloride Production, Value, Price and Gross Margin (2018-2023)
7.5.4 Hebei Kingway Chemical Industry Main Business and Markets Served
7.5.5 Hebei Kingway Chemical Industry Recent Developments/Updates
7.6 Umicore
7.6.1 Umicore Battery Grade Cobalt Chloride Corporation Information
7.6.2 Umicore Battery Grade Cobalt Chloride Product Portfolio
7.6.3 Umicore Battery Grade Cobalt Chloride Production, Value, Price and Gross Margin (2018-2023)
7.6.4 Umicore Main Business and Markets Served
7.6.5 Umicore Recent Developments/Updates
7.7 Guangdong Jiana Energy Technology
7.7.1 Guangdong Jiana Energy Technology Battery Grade Cobalt Chloride Corporation Information
7.7.2 Guangdong Jiana Energy Technology Battery Grade Cobalt Chloride Product Portfolio
7.7.3 Guangdong Jiana Energy Technology Battery Grade Cobalt Chloride Production, Value, Price and Gross Margin (2018-2023)
7.7.4 Guangdong Jiana Energy Technology Main Business and Markets Served
7.7.5 Guangdong Jiana Energy Technology Recent Developments/Updates
7.8 GEM
7.8.1 GEM Battery Grade Cobalt Chloride Corporation Information
7.8.2 GEM Battery Grade Cobalt Chloride Product Portfolio
7.8.3 GEM Battery Grade Cobalt Chloride Production, Value, Price and Gross Margin (2018-2023)
7.8.4 GEM Main Business and Markets Served
7.7.5 GEM Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Battery Grade Cobalt Chloride Industry Chain Analysis
8.2 Battery Grade Cobalt Chloride Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Battery Grade Cobalt Chloride Production Mode & Process
8.4 Battery Grade Cobalt Chloride Sales and Marketing
8.4.1 Battery Grade Cobalt Chloride Sales Channels
8.4.2 Battery Grade Cobalt Chloride Distributors
8.5 Battery Grade Cobalt Chloride Customers
9 Battery Grade Cobalt Chloride Market Dynamics
9.1 Battery Grade Cobalt Chloride Industry Trends
9.2 Battery Grade Cobalt Chloride Market Drivers
9.3 Battery Grade Cobalt Chloride Market Challenges
9.4 Battery Grade Cobalt Chloride Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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