Global Cobalt-60 Industry Research Report, Growth Trends and Competitive Analysis 2024-2030

Cobalt 60 is an isotope of cobalt. The radioactive source of cobalt 60 is widely used in agriculture, industry, medicine and other fields. It can be used for radiation breeding, stimulation of yield increase, radiation control of insect pests, food irradiation preservation and preservation, non-destructive inspection, radiation disinfection, Radiation processing, radiation treatment waste, thickness, density measurement and online automatic control, and radiotherapy for cancer and tumor. At present, only a few countries in the world, such as Canada, China, and Russia, have cobalt 60 production capacity, and the international market has a bright future. In the mid-1950s the increasing demand for sterile single-use medical devices led to a rapid expansion in the use of gamma irradiation to sterilize products as the technology provided a very effective means of ensuring sterility. Since then the range of applications that benefit from Cobalt-60 irradiation has grown enormously. A diverse array of products are now routinely processed to improve their characteristics and to meet market requirements. Irradiation using Cobalt-60 is an international industry that positively impacts daily on the health and wellbeing of a large proportion of the world's population.

The global Cobalt-60 market size was US$ 269 million in 2023 and is forecast to a readjusted size of US$ 387.8 million by 2030 with a CAGR of 5.3% during the forecast period 2024-2030.

Global Cobalt-60 key players include Bruce Power, Rosatom, China National Nuclear Corporation, etc. Global top three manufacturers hold a share about 96%. North America is the largest market, with a share about 40%, followed by Asia Pacific and Europe, both have a share over 52 percent. In terms of product, General Cobalt-60 is the largest segment, with a share over 95%. And in terms of application, the largest application is Medical Devices, followed by Industrial, etc.

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In terms of production side, this report researches the Cobalt-60 capacity, production, growth rate, market share by manufacturers, region level and country level, from 2019 to 2024, and forecast to 2030.

In terms of sales (consumption) side, this report focuses on the sales of Cobalt-60 by region (Countries), company, type and application. from 2019 to 2024 and forecast to 2030.

The global Cobalt-60 market is thoroughly, accurately, and comprehensively assessed in the report with a large focus on market dynamics, market competition, regional growth, segmental analysis, and key growth strategies. Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by type segment of the global Cobalt-60 market. These figures have been provided in terms of both revenue and volume for the period 2019-2030. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.

Market Segmentation

By Company

Bruce Power

Rosatom

China National Nuclear Corporation

Eckert & Ziegler

By Type

High Specific Activity Cobalt-60

General Cobalt-60

By Application

Medical Devices

Medical Radiotherapy

Industrial

Other

Production by Region

North America

Europe

China

Japan

Sales by Region

North America

U.S.

Canada

China

APAC (excluding China)

Japan

South Korea

China Taiwan

Southeast Asia

Europe

Germany

France

U.K.

Italy

Russia

Middle East, Africa, Latin America

Brazil

Mexico

Turkey

Israel

GCC Countries

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by type and 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: Sales (consumption), revenue of Cobalt-60 in global, 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 of each country in the world.

Chapter 3: Cobalt-60 production/output of global and key producers (regions/countries). It provides a quantitative analysis of the production, and development potential of each producer in the next six years.

Chapter 4: Detailed analysis of Cobalt-60 manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.

Chapter 5: Provides the analysis of various market segments by type, covering the sales, revenue, average price, 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 sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 7: North America by company, by type, by application and by country, sales, and revenue for each segment.

Chapter 8: Europe by company, by type, by application and by country, sales, and revenue for each segment.

Chapter 9: China by company, by type and by application, sales, and revenue for each segment.

Chapter 10: APAC (excluding China) by company, by type, by application and by region, sales, and revenue for each segment.

Chapter 11: Middle East, Africa, and Latin America by company, by type, by application and by country, sales, and revenue for each segment.

Chapter 12: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Cobalt-60 sales, revenue, price, gross margin, and recent development, etc.

Chapter 13: Analysis of industrial chain, sales channel, key raw materials, distributors, and customers.

Chapter 14: 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 15: The main points and conclusions of the report.

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