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Global High Purity Cobalt Market Research Report 2025
Synopsis
Cobalt is a chemical element; it has symbol Co and atomic number 27. As with nickel, cobalt is found in the Earth's crust only in a chemically combined form, save for small deposits found in alloys of natural meteoric iron. The free element, produced by reductive smelting, is a hard, lustrous, silvery metal.
The global High Purity Cobalt market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
North American market for High Purity Cobalt is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for High Purity Cobalt is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of High Purity Cobalt include Sumitomo Metal Mining (SMM), Nornickel, OM Group, Cometal, Freeport Cobalt, Hanrui Cobalt and Umicore, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for High Purity Cobalt, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding High Purity Cobalt.
Report Scope
The High Purity Cobalt market size, estimations, and forecasts are provided in terms of output/shipments (Tons) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global High Purity Cobalt market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the High Purity Cobalt manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Sumitomo Metal Mining (SMM)
Nornickel
OM Group
Cometal
Freeport Cobalt
Hanrui Cobalt
Umicore
Segment by Type
Purity＜99.9%
Purity≥99.9%
Segment by Application
Carbide
Superalloy
Battery
Magnetic Material
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Netherlands
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of High Purity Cobalt manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of High Purity Cobalt by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of High Purity Cobalt in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Cobalt is a chemical element; it has symbol Co and atomic number 27. As with nickel, cobalt is found in the Earth's crust only in a chemically combined form, save for small deposits found in alloys of natural meteoric iron. The free element, produced by reductive smelting, is a hard, lustrous, silvery metal.
The global High Purity Cobalt market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
North American market for High Purity Cobalt is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for High Purity Cobalt is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of High Purity Cobalt include Sumitomo Metal Mining (SMM), Nornickel, OM Group, Cometal, Freeport Cobalt, Hanrui Cobalt and Umicore, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for High Purity Cobalt, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding High Purity Cobalt.
Report Scope
The High Purity Cobalt market size, estimations, and forecasts are provided in terms of output/shipments (Tons) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global High Purity Cobalt market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the High Purity Cobalt manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Sumitomo Metal Mining (SMM)
Nornickel
OM Group
Cometal
Freeport Cobalt
Hanrui Cobalt
Umicore
Segment by Type
Purity＜99.9%
Purity≥99.9%
Segment by Application
Carbide
Superalloy
Battery
Magnetic Material
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Netherlands
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of High Purity Cobalt manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of High Purity Cobalt by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of High Purity Cobalt in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 High Purity Cobalt Market Overview
1.1 Product Definition
1.2 High Purity Cobalt Segment by Type
1.2.1 Global High Purity Cobalt Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Purity＜99.9%
1.2.3 Purity≥99.9%
1.3 High Purity Cobalt Segment by Application
1.3.1 Global High Purity Cobalt Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Carbide
1.3.3 Superalloy
1.3.4 Battery
1.3.5 Magnetic Material
1.3.6 Others
1.4 Global Market Growth Prospects
1.4.1 Global High Purity Cobalt Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global High Purity Cobalt Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global High Purity Cobalt Production Estimates and Forecasts (2019-2030)
1.4.4 Global High Purity Cobalt Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global High Purity Cobalt Production Market Share by Manufacturers (2019-2024)
2.2 Global High Purity Cobalt Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of High Purity Cobalt, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global High Purity Cobalt Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global High Purity Cobalt Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of High Purity Cobalt, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of High Purity Cobalt, Product Offered and Application
2.8 Global Key Manufacturers of High Purity Cobalt, Date of Enter into This Industry
2.9 High Purity Cobalt Market Competitive Situation and Trends
2.9.1 High Purity Cobalt Market Concentration Rate
2.9.2 Global 5 and 10 Largest High Purity Cobalt Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 High Purity Cobalt Production by Region
3.1 Global High Purity Cobalt Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global High Purity Cobalt Production Value by Region (2019-2030)
3.2.1 Global High Purity Cobalt Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of High Purity Cobalt by Region (2025-2030)
3.3 Global High Purity Cobalt Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global High Purity Cobalt Production by Region (2019-2030)
3.4.1 Global High Purity Cobalt Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of High Purity Cobalt by Region (2025-2030)
3.5 Global High Purity Cobalt Market Price Analysis by Region (2019-2024)
3.6 Global High Purity Cobalt Production and Value, Year-over-Year Growth
3.6.1 North America High Purity Cobalt Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe High Purity Cobalt Production Value Estimates and Forecasts (2019-2030)
3.6.3 China High Purity Cobalt Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan High Purity Cobalt Production Value Estimates and Forecasts (2019-2030)
4 High Purity Cobalt Consumption by Region
4.1 Global High Purity Cobalt Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global High Purity Cobalt Consumption by Region (2019-2030)
4.2.1 Global High Purity Cobalt Consumption by Region (2019-2024)
4.2.2 Global High Purity Cobalt Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America High Purity Cobalt Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America High Purity Cobalt Consumption by Country (2019-2030)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe High Purity Cobalt Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe High Purity Cobalt Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Netherlands
4.5 Asia Pacific
4.5.1 Asia Pacific High Purity Cobalt Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific High Purity Cobalt Consumption by Region (2019-2030)
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 High Purity Cobalt Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa High Purity Cobalt Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global High Purity Cobalt Production by Type (2019-2030)
5.1.1 Global High Purity Cobalt Production by Type (2019-2024)
5.1.2 Global High Purity Cobalt Production by Type (2025-2030)
5.1.3 Global High Purity Cobalt Production Market Share by Type (2019-2030)
5.2 Global High Purity Cobalt Production Value by Type (2019-2030)
5.2.1 Global High Purity Cobalt Production Value by Type (2019-2024)
5.2.2 Global High Purity Cobalt Production Value by Type (2025-2030)
5.2.3 Global High Purity Cobalt Production Value Market Share by Type (2019-2030)
5.3 Global High Purity Cobalt Price by Type (2019-2030)
6 Segment by Application
6.1 Global High Purity Cobalt Production by Application (2019-2030)
6.1.1 Global High Purity Cobalt Production by Application (2019-2024)
6.1.2 Global High Purity Cobalt Production by Application (2025-2030)
6.1.3 Global High Purity Cobalt Production Market Share by Application (2019-2030)
6.2 Global High Purity Cobalt Production Value by Application (2019-2030)
6.2.1 Global High Purity Cobalt Production Value by Application (2019-2024)
6.2.2 Global High Purity Cobalt Production Value by Application (2025-2030)
6.2.3 Global High Purity Cobalt Production Value Market Share by Application (2019-2030)
6.3 Global High Purity Cobalt Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Sumitomo Metal Mining (SMM)
7.1.1 Sumitomo Metal Mining (SMM) High Purity Cobalt Corporation Information
7.1.2 Sumitomo Metal Mining (SMM) High Purity Cobalt Product Portfolio
7.1.3 Sumitomo Metal Mining (SMM) High Purity Cobalt Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Sumitomo Metal Mining (SMM) Main Business and Markets Served
7.1.5 Sumitomo Metal Mining (SMM) Recent Developments/Updates
7.2 Nornickel
7.2.1 Nornickel High Purity Cobalt Corporation Information
7.2.2 Nornickel High Purity Cobalt Product Portfolio
7.2.3 Nornickel High Purity Cobalt Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Nornickel Main Business and Markets Served
7.2.5 Nornickel Recent Developments/Updates
7.3 OM Group
7.3.1 OM Group High Purity Cobalt Corporation Information
7.3.2 OM Group High Purity Cobalt Product Portfolio
7.3.3 OM Group High Purity Cobalt Production, Value, Price and Gross Margin (2019-2024)
7.3.4 OM Group Main Business and Markets Served
7.3.5 OM Group Recent Developments/Updates
7.4 Cometal
7.4.1 Cometal High Purity Cobalt Corporation Information
7.4.2 Cometal High Purity Cobalt Product Portfolio
7.4.3 Cometal High Purity Cobalt Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Cometal Main Business and Markets Served
7.4.5 Cometal Recent Developments/Updates
7.5 Freeport Cobalt
7.5.1 Freeport Cobalt High Purity Cobalt Corporation Information
7.5.2 Freeport Cobalt High Purity Cobalt Product Portfolio
7.5.3 Freeport Cobalt High Purity Cobalt Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Freeport Cobalt Main Business and Markets Served
7.5.5 Freeport Cobalt Recent Developments/Updates
7.6 Hanrui Cobalt
7.6.1 Hanrui Cobalt High Purity Cobalt Corporation Information
7.6.2 Hanrui Cobalt High Purity Cobalt Product Portfolio
7.6.3 Hanrui Cobalt High Purity Cobalt Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Hanrui Cobalt Main Business and Markets Served
7.6.5 Hanrui Cobalt Recent Developments/Updates
7.7 Umicore
7.7.1 Umicore High Purity Cobalt Corporation Information
7.7.2 Umicore High Purity Cobalt Product Portfolio
7.7.3 Umicore High Purity Cobalt Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Umicore Main Business and Markets Served
7.7.5 Umicore Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 High Purity Cobalt Industry Chain Analysis
8.2 High Purity Cobalt Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 High Purity Cobalt Production Mode & Process
8.4 High Purity Cobalt Sales and Marketing
8.4.1 High Purity Cobalt Sales Channels
8.4.2 High Purity Cobalt Distributors
8.5 High Purity Cobalt Customers
9 High Purity Cobalt Market Dynamics
9.1 High Purity Cobalt Industry Trends
9.2 High Purity Cobalt Market Drivers
9.3 High Purity Cobalt Market Challenges
9.4 High Purity Cobalt 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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