Press release
Cobalt Market to Reach USD 230.21 Kilo by 2029, emerging at a CAGR of 9 percent and forecast 2023-2029
Cobalt Market Report Scope:The comprehensive Cobalt Market Report provides a detailed analysis of the global cobalt market, covering various aspects such as market dynamics, applications, supply sources, key players, and regional insights.
Get More Report Details: https://www.maximizemarketresearch.com/market-report/global-cobalt-market/83884/
Cobalt Market Research Methodology:
The report employs a rigorous research methodology, utilizing both primary and secondary data sources. It includes data collection, analysis, and validation to ensure the accuracy and reliability of the findings.
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What are Cobalt Market Dynamics:
The battery industry will become increasingly crucial for cobalt consumption as electric vehicle sales are expected to climb by 30% annually. Since its inception in December 2022, cobalt futures have gained a lot of traction, with an open interest notional value of around $100 million at the beginning of July.
Cobalt Market Regional Insights:
The Africa region led the cobalt market, with the Democratic Republic of Congo being the largest producer, contributing about 70% of the global market. North America, particularly Canada, also plays a significant role in cobalt reserves, focusing on ethical mining practices.
The report emphasizes the need for responsible sourcing, with over 380 companies committing to obtain cobalt from ethical sources. Initiatives led by industry leaders like BMW, Ford, IBM, and Tesla are reshaping the landscape of cobalt mining.
What is Cobalt Market Segmentation:
by Application
Battery Chemicals
Super alloys
Ceramics and pigments
Hard metals
Magnet
Binder Materials
Life Science
Others
by Form
Metal
Chemical compound
by End User
Alloys
Magnets
Hard Materials
Catalyst
Inks and Dyes
Batteries
Others
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Who are Cobalt Market Key Players:
1. Glencore plc (Switzerland)
2. Umicore (Belgium)
3. Vale S.A. (Brazil)
4. Jinchuan Group Internation Resources Co. Ltd. (Hong Kong)
5. Huayou cobalt Co Ltd (China)
6. Freeport cobalt (Finland)
7. Sherrit International Corporation (Canada)
8. BHP (Australia)
9. Eramet (France)
10. Votorantim Metals SA (Brazil)
11. Sumitomo Corporation (Japan)
12. CMOC International
13. Missouri Cobalt, LLC
14. China Molybdenum Co., Ltd.
15. Norilsk Nickel
16. GEM Co., Ltd.
17. Yantai Cash Industrial Co Ltd.
18. Horizonte Minerals
19. Jervois Mining
20. FLEURETTE PROPERTIES LIMITED
Table of content for the Cobalt Market includes:
1. Cobalt Market: Research Methodology
1. Cobalt Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3.Cobalt Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
1. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Request a Free Sample Copy or View Report Summary: https://www.maximizemarketresearch.com/request-sample/83884
Key Offerings:
• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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