Press release
Cobalt Sulphate Market Size to Reach $1.9 Billion by 2030 | CAGR: 6.4%: AMR
Cobalt Sulphate Market
Access Full Summary @ https://www.alliedmarketresearch.com/cobalt-sulphate-market
Increase in demand for battery storage product and rise in demand for high performance magnets and inks & dyes drive the growth of the global cobalt sulphate market. However, health related risk associated with inhalation of cobalt sulphate restrains the market to some extent. On the other hand, growth in use of cobalt sulphate in electroplating and ceramic pigment applications presents new opportunities in the upcoming years.
Download Sample PDF (310 Pages PDF with Insights): https://www.alliedmarketresearch.com/request-sample/2149
COVID-19 scenario:
The outbreak of the COVID-19 pandemic led to global lockdown and temporary closure of a number of industry verticals, thereby affecting the overall growth of the global cobalt sulphate market.
It further disrupted the whole supply chain, leading to difficulty in the supply of raw materials, which in turn, affected the market demand.
However, the global cobalt sulphate market is expected to recover soon.
The report offers detailed segmentation of the global cobalt sulphate market based on application and region.
Based on application, the batteries segment held the largest market share in 2020, holding half of the total market share, and is expected to continue its leadership status during the forecast period. However, the magnets segment is projected to register the highest CAGR of 7.1% from 2021 to 2030.
Request the Covid19 Impact Analysis @ https://www.alliedmarketresearch.com/request-for-customization/2149?reqfor=covid
Based on region, LAMEA contributed to the highest share in terms of revenue in 2020, holding nearly half of the total market share, and is estimated to continue its dominant share by 2030. Moreover, the same region is projected to manifest the fastest CAGR of 7.2% during the forecast period.
Leading players of the global cobalt sulphate market analyzed in the research include Jervois Finland, Ganzhou Tengyuan Cobalt Industrial Co. Ltd., Zhangjiagang Huayi Chemical Co. Ltd., Nantong Xinwei Nickel & Cobalt Hightech Development Co. Ltd., Norilsk Nickel, Umicore, Hunter Chemical LLC, Jiayuan Cobalt Holdings Limited, Merck KGaA, and Jinchuan Group International Resources Co. Ltd.
Interested in Procuring this Report? Visit Here: https://www.alliedmarketresearch.com/cobalt-sulphate-market/purchase-options
Contact:
David Correa
Portland, OR, United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research
About Us
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Cobalt Sulphate Market Size to Reach $1.9 Billion by 2030 | CAGR: 6.4%: AMR here
News-ID: 2583686 • Views: …
More Releases from Allied Market Research
3D Printing Filament Market Comprehensive Growth Outlook and Trend Analysis, 202 …
According to the report, the global 3D printing filament market was valued at $0.9 billion in 2023 and is projected to reach $2.3 billion by 2031, registering a CAGR of 12.8% from 2024 to 2031.
Download Sample Pages of Research Overview: https://www.alliedmarketresearch.com/3d-printing-filament-market-A11572
Key Growth Drivers:
The growth of the 3D printing filament market is fueled by continuous advancements in filament materials-such as carbon fiber-reinforced composites, metal-infused filaments, and high-performance engineering plastics. These innovations…
Wet Chemicals Market Detailed Analysis, Growth Trends, and Future Outlook 2025-2 …
According to a recent report by Allied Market Research (AMR), the global wet chemicals market is poised for substantial growth, projected to reach a value of $5.9 billion by 2031, up from $3.2 billion in 2021. This comprehensive analysis explores market dynamics, growth drivers, and strategic initiatives while highlighting key opportunities across regions and industry segments.
Download Sample Pages of Research Overview: https://www.alliedmarketresearch.com/request-sample/A17425
The study delves into development trends, investment frameworks, and…
Nonwoven Fabrics Market Outlook to 2033 Projected High CAGR and Growth Opportuni …
A new report titled "Nonwoven Fabrics Market by Polymer Type (Polypropylene (PP), Polyethylene (PE), Polyethylene Terephthalate (PET), Wood Pulp, Rayon, and Others), Function (Disposables and Durables), Technology (Spunbond, Dry Laid, Air Laid, Wet Laid, Meltblown, and Others), and Application (Hygiene, Wipes, Medical, Filtration, Automotive, Building & Construction, and Others): Global Opportunity Analysis and Industry Forecast, 2024-2033" has been released by Allied Market Research.
Key Highlights:
- Market Size (2023): $58.4 Billion
- Projected…
Utilities Asset Management Market Poised for 11.3% CAGR Growth, Key Players, Mar …
According to the report published by Allied Market Research, the global utilities asset management market generated $4.3 billion in 2021, and is projected to reach $12.4 billion by 2031, growing at a CAGR of 11.3% from 2022 to 2031.
The report offers a detailed analysis of the top winning strategies, evolving market trends, market size and estimations, value chain, key investment pockets, drivers & opportunities, competitive landscape and regional landscape.…
More Releases for Cobalt
Cobalt Powder Market Growth Opportunities And Forecast to 2033 Hanrui Cobalt, Um …
Cobalt powder is a fine, metallic powder derived from the element cobalt, which is a transition metal. It is commonly used in various industrial applications, such as the production of high-performance alloys, magnets, and catalysts. Cobalt powder is known for its ability to withstand high temperatures and corrosion, making it crucial in aerospace, electronics, and battery technologies. It is also used in the manufacturing of rechargeable batteries, particularly in lithium-ion…
Global Cobalt Hydroxide Market 2024 Targets Impressive Growth of 8.97% CAGR (202 …
The global Cobalt Hydroxide Market size reached 163.84 USD Million in 2023. Looking forward, MarketsGlob expects the market to reach 325.74 USD Million by 2031, exhibiting a growth rate (CAGR) of 8.97% during 2024-2031.
The worldwide market research report for Cobalt Hydroxide presents a thorough examination of the market environment. This includes a detailed evaluation of prominent industry leaders, pricing patterns, as well as the broader factors influencing the market, both…
Cobalt Powder Market 2023 Leading Competitors - Umicore, Freeport Cobalt, Hanrui …
Global Cobalt Powder Market prepared by MarketsandResearch.biz features a detailed overview of different industry segments, including influential leading players and their visions, to assist readers in evaluating growth opportunities. The report provides many business organizations with the required information to proliferate their business' reach within the global Cobalt Powder market. The report is the collection of all the market-related details right from the finances, regional development to the future market…
Cobalt Powder Market Upcoming Trends, Top Company Analysis and Forecast by 2028 …
The Cobalt Powder global market is thoroughly researched in this report, noting important aspects like market competition, global and regional growth, market segmentation and market structure. The report author analysts have estimated the size of the global market in terms of value and volume using the latest research tools and techniques. The report also includes estimates for market share, revenue, production, consumption, gross profit margin, CAGR, and other key factors.…
Cobalt Hydroxide Oxide (CAS 12016-80-7) Market Actual Need Outlook, Supportive J …
Report Ocean releases a new report about Global Cobalt Hydroxide Oxide (CAS 12016-80-7) Market analysis and insights, which aims to provide deep insight into numerous factors that are vital to the growth of this industry.
The information presented in this report will chart trends in the market, analyst opinions and views, competitive landscapes, and key regions from a systematic perspective. A report on the Global Cobalt Hydroxide Oxide (CAS 12016-80-7) Market…
Cobalt Sulphate Market to see 1.8% CAGR till 2023 | Freeport Cobalt Oy, Ganzhou …
The research offers a detailed segmentation of the global sulphate market. Key segments analyzed in the research include type, process, shell material, application, end user and geography. Extensive analysis of sales, revenue, growth rate, and market share of each type, process, shell material, application and end user for the historic period and the forecast period is offered with the help of tables.
The market is analyzed based on regions and competitive…
