Cobalt Oxalate Market, By Product Type, By Application, By End-Use Industry, By Distribution Channel (Direct Sales, Distributors/Wholesalers, Online Retailers, and Others), By Purity Level, By Geography

Description

Global Cobalt Oxalate Market size is estimated to reach US$ 1,159.8 Mn by 2030, from US$ 792 Mn in 2023, at a CAGR of 5.6% during the forecast period.

Report Coverage		Report Details
Base Year:	2022	Market Size in 2023:	US$ 792 Mn
Historical Data for:	2018 to 2021	Forecast Period:	2023 - 2030
Forecast Period 2023 to 2030 CAGR:	5.60%	2030 Value Projection:	US$ 1,159.8 Mn

Figure 1. Global Cobalt Oxalate Market Share (%), By Region, 2023

Global cobalt oxalate market has been growing steadily over the past few years. Cobalt oxalate is an inorganic compound that finds numerous applications across various end-use industries like electronics, aerospace, metallurgy, and chemicals. It exhibits high thermal stability and is characterized by properties like corrosion resistance and excellent binding strength. Rising consumption from lithium-ion battery industry has been a major factor driving growth in the cobalt oxalate market. Increasing reliance on rechargeable batteries to power various consumer electronics and electric vehicles is anticipated to significantly boost market demand over the coming years. Expanding production capacities of cobalt oxalate by key manufacturers to cater to growing need from diverse application sectors will further support the market expansion through 2030.

Market Dynamics

Lithium-ion batteries are essential ingredients which are widely used in portable electronic gadgets, electric cars, and energy storage systems, are made with the help of cobalt oxalate. The demand for cobalt oxalate has greatly increased since electric vehicles and renewable energy sources are being adopted at a growing rate. Growing adoption of Electric Vehicle (EVs) worldwide in line with increasing focus on reducing vehicular emissions offers significant opportunities for market players. The use of cobalt oxalate as a cathode material in lithium-ion batteries is particularly increasing. On the other hand, stringent environmental regulations pertaining to cobalt mining and processing may hinder the market growth. Key market players are investing in research and development (R&D) to develop advanced and more efficient production technologies to capitalize on opportunities.

The cobalt supply chain is intricate and susceptible to errors. The Democratic Republic of the Congo (DRC) is the main country where cobalt is produced, which offers geopolitical dangers and worries about stability and transparency. Cobalt oxalate availability and pricing may be impacted by supply chain issues such as potential political instability, trade limitations, and price volatility.

Key features of the study:

This report provides in-depth analysis of the global cobalt oxalate market, and provides market size (US$ Mn) and compound annual growth rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global cobalt oxalate market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Umicore N.V., Freeport-McMoRan Inc., Glencore plc., Huayou Cobalt Co., Ltd., Sherritt International Corporation, Jinchuan Group International Resources Co. Ltd.,Sumitomo Metal Mining Co., Ltd., Norilsk Nickel, ERAMET SA, and Umicore Cobalt & Specialty Materials (formerly known as Cobalt & Specialty Materials)
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
Global cobalt oxalate market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global cobalt oxalate market

Global Cobalt Oxalate Market Detailed Segmentation:

By Product Type:
- Cobalt Oxalate Monohydrate
- Cobalt Oxalate Dihydrate
- Cobalt Oxalate Anhydrous
By Application:
- Catalysts
- Pigments
- Electroplating
- Battery Materials
- Other Applications
By Distribution Channel:
- Direct Sales (B2B)
- Distributors/Wholesalers
- Online Retailers
- Others
By Purity Level:
- High Purity Cobalt Oxalate
- Standard Purity Cobalt Oxalate
By End-Use Industry:
- Chemicals
- Automotive
- Electronics
- Pharmaceuticals
- Energy Storage
- Others
By Geography:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Top Companies in the Global Cobalt Oxalate Market:
- Umicore N.V.
- Freeport-McMoRan Inc.
- Glencore plc.
- Huayou Cobalt Co., Ltd.
- Sherritt International Corporation
- Jinchuan Group International Resources Co. Ltd.
- Sumitomo Metal Mining Co., Ltd.
- Norilsk Nickel
- ERAMET SA
- Umicore Cobalt & Specialty Materials (formerly known as Cobalt & Specialty Materials)

Product Code: CMI5974

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By Application
- Market Snippet, By Distribution Channel
- Market Snippet, By Purity Level
- Market Snippet, By End-Use Industry
- Market Snippet, By Geography
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
Growing demand for rechargeable batteries
- Restraints
Supply chain challenges
- Opportunities
Expansion of renewable energy storage
Key Highlights
Regulatory Scenario
Recent Trends
Product Launches/Approvals
PEST Analysis
PORTER's Analysis
Mergers, Acquisitions, and Collaborations

4. Global Cobalt Oxalate Market - Impact of Coronavirus (COVID-19) Pandemic

COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact

5. Global Cobalt Oxalate Market, By Product Type, 2018-2030, (US$ Mn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
Cobalt Oxalate Monohydarate
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)
Cobalt Oxalate Dihydrate
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)
Cobalt Oxalate Anhydrous
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)

6. Global Cobalt Oxalate Market, By Application, 2018-2030, (US$ Mn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
Catalysts
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)
Pigments
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)
Electroplating
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)
Battery Materials
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)
Other Applications
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)

7. Global Cobalt Oxalate Market, By Distribution Channel, 2018-2030, (US$ Mn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
Direct Sales (B2B)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)
Distributors/Wholesalers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)
Online Retailers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)

8. Global Cobalt Oxalate Market, By Purity Level, 2018-2030, (US$ Mn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
High Purity Cobalt Oxalate
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)
Standard Purity Cobalt Oxalate
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)

9. Global Cobalt Oxalate Market, By End-Use Industry, 2018-2030, (US$ Mn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
Chemicals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)
Automotive
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)
Electronics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)
Pharmaceuticals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)
Energy Storage
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)

10. Global Cobalt Oxalate Market, By Geography, 2018-2030, (US$ Mn)

Introduction
- Market Share Analysis, By Sub-region, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Sub-region, 2018 -2030
- Country Trends
North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel , 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Purity Level, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End-Use Industry, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2023-2030,(US$ Mn)
U.S.
Canada
Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel , 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Purity Level, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End-Use Industry, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2023-2030,(US$ Mn)
Germany
U.K.
France
Italy
Russia
Spain
Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel , 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Purity Level, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End-Use Industry, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2023-2030,(US$ Mn)
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel , 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Purity Level, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End Use Industry, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2023-2030,(US$ Mn)
Brazil
Argentina
Mexico
Rest of Latin America
Middle East & Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel , 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Purity Level, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End Use Industry, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country/Sub-region, 2023-2030,(US$ Mn)
GCC Countries
Israel
South Africa
Central Africa
North Africa
Rest of Middle East

11. Competitive Landscape

Company Profile
- Umicore N.V.
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
- Freeport-McMoRan Inc.
- Glencore plc
- Huayou Cobalt Co., Ltd.
- Sherritt International Corporation
- Jinchuan Group International Resources Co. Ltd.
- Sumitomo Metal Mining Co., Ltd.
- Norilsk Nickel
- ERAMET SA
- Umicore Cobalt & Specialty Materials
- Analyst Views

12. Section

References
Research Methodology
About us