Press release
Global Cobalt Acetate Market Expected to Witness a Sustainable Growth over 2025
This report focuses on the key global Cobalt Acetate players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Cobalt Acetate with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
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Cobalt (II) acetate is the cobalt salt of acetic acid. It is commonly found as the Cobalt Acetate Crystal Co (CH3CO2)2·4 H2O, abbreviated Co (OAc) 2·4 H2O. It is a very import oxidation catalyst for PTA.
Globally, production of cobalt acetate is mainly dominated by a few companies, such Mechema Chemicals, CoreMax, Freeport Cobalt, Umicore and so on. As for the production base, China is the largest region. In 2018, 80.65% cobalt acetate was produced in these two regions. When considering the consumption, which is dominated by the PTA industry, China, North America and India are the key consumers of cobalt acetate. In 2018, 62.60%, 8.13% and 10.87% cobalt acetate were consumed in those regions respectively.
The global Cobalt Acetate market was 141 million US$ in 2018 and is expected to 190.9 million US$ by the end of 2025, growing at a CAGR of 6.2% between 2019 and 2025.
Market Segment by Manufacturers, this report covers
Coremax Corporation
Mechema Chemicals International
Umicore
Freeport Cobalt
Full Yield Industry
Kansai Catalyst
ICoNiChem
Nanjing Chemical Reagent
Liaoyang Synthetic Catalyst
XiaXian Yunli Chemical
Jiangxi Nuclear Industry
Jinhaiwan Chemical
TIANFU CHEMICAL
Dalian Well
Market Segment by Type, covers
Cobalt Acetate Solution
Cobalt Acetate Crystal
Market Segment by Applications, can be divided into
Paint Driers
Catalysts
Pigment & Textile Dying
Others
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Related Information:
North America Cobalt Acetate Market Growth 2019-2024
United States Cobalt Acetate Market Growth 2019-2024
Asia-Pacific Cobalt Acetate Market Growth 2019-2024
Europe Cobalt Acetate Market Growth 2019-2024
EMEA Cobalt Acetate Market Growth 2019-2024
Global Cobalt Acetate Market Growth 2019-2024
China Cobalt Acetate Market Growth 2019-2024
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