Europe Cobalt Sulphate Market Size, Share & Trends Analysis Report By Application (Batteries, Alloys, Magnets, Hard Materials, Catalyst, Inks & Dyes and Others), By Country and Growth Forecast, 2023

Description

List of Tables

The Europe Cobalt Sulphate Market would witness market growth of 5.8% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 122.1 Hundred Tonnes, showcasing a growth of 5.1% (2019-2022).

This compound is utilized in the ceramics and glass industry as a coloring agent. It imparts a blue color to glass and ceramic products, making it valuable in producing colored tiles, glassware, and decorative items. This compound acts as a drying agent in manufacturing paints and inks. It accelerates the drying process of these products, contributing to their quality and durability. Moreover, in certain electroplating processes, this compound deposits thin layers of cobalt onto metal surfaces. This electroplating method enhances the corrosion resistance and appearance of the coated materials.

In addition, the market has witnessed some degree of consolidation as companies seek to strengthen their positions and secure a consistent supply of cobalt. Strategic alliances between mining companies, battery manufacturers, and automotive companies are becoming more common, ensuring a streamlined supply chain and fostering innovation in battery technologies.

As per the data from the International Energy Agency, after the surge in 2020, electric vehicle sales in Europe increased by over 65 percent annually to 2.3 million in 2021. Norway (86 percent), Iceland (72 percent), Sweden (43%), and the Netherlands (30 percent) were expected to hold the largest market shares for new electric vehicle sales in Europe in 2021, followed by France (19 percent), Italy (9 percent), and Spain (8%). Therefore, the growing electric vehicle sales in Europe is expected to boost the demand for this compound in the region.

The Germany market dominated the Europe Cobalt Sulphate Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $81.2 million by 2030. The UK market is exhibiting a CAGR of 4.9% during (2023 - 2030). Additionally, The France market would experience a CAGR of 6.6% during (2023 - 2030).

Based on Application, the market is segmented into Batteries, Alloys, Magnets, Hard Materials, Catalyst, Inks & Dyes and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

List of Key Companies Profiled

JERVOIS GLOBAL LIMITED
Shepherd Chemical Company
Nantong Xinwei Nickel & Cobalt Hightech Development Co.,Ltd.
Freeport-McMoRan Inc.
Umicore NV-SA
Hunter Chemical, LLC
Merck KGaA
Incasa S.A

Europe Cobalt Sulphate Market Report Segmentation

By Application (Volume, Hundred Tonnes, USD Billion, 2019-2030)

Batteries
Alloys
Magnets
Hard Materials
Catalyst
Inks & Dyes
Others

By Country (Volume, Hundred Tonnes, USD Billion, 2019-2030)

Germany
UK
France
Russia
Spain
Italy
Rest of Europe

Chapter 1.Market Scope & Methodology

1.1Market Definition
1.2Objectives
1.3Market Scope
1.4Segmentation
- 1.4.1Europe Cobalt Sulphate Market, by Application
- 1.4.2Europe Cobalt Sulphate Market, by Country
1.5Methodology for the research

Chapter 2.Market at a Glance

2.1Key Highlights

Chapter 3.Market Overview

3.1Introduction
- 3.1.1Overview
  - 3.1.1.1Market Composition and Scenario
3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Restraints
- 3.2.3Market Opportunities
- 3.2.4Market Challenges
3.3Porter Five Forces Analysis

Chapter 4.Europe Cobalt Sulphate Market by Application

4.1Europe Batteries Market by Country
4.2Europe Alloys Market by Country
4.3Europe Magnets Market by Country
4.4Europe Hard Materials Market by Country
4.5Europe Catalyst Market by Country
4.6Europe Inks & Dyes Market by Country
4.7Europe Others Market by Country

Chapter 5.Europe Cobalt Sulphate Market by Country

5.1Germany Cobalt Sulphate Market
- 5.1.1Germany Cobalt Sulphate Market by Application
5.2UK Cobalt Sulphate Market
- 5.2.1UK Cobalt Sulphate Market by Application
5.3France Cobalt Sulphate Market
- 5.3.1France Cobalt Sulphate Market by Application
5.4Russia Cobalt Sulphate Market
- 5.4.1Russia Cobalt Sulphate Market by Application
5.5Spain Cobalt Sulphate Market
- 5.5.1Spain Cobalt Sulphate Market by Application
5.6Italy Cobalt Sulphate Market
- 5.6.1Italy Cobalt Sulphate Market by Application
5.7Rest of Europe Cobalt Sulphate Market
- 5.7.1Rest of Europe Cobalt Sulphate Market by Application

Chapter 6.Company Profiles

6.1JERVOIS GLOBAL LIMITED
- 6.1.1Company Overview
- 6.1.2Financial Analysis
6.2Shepherd Chemical Company
- 6.2.1Company Overview
6.3Nantong Xinwei Nickel & Cobalt Hightech Development Co.,Ltd.
- 6.3.1Company Overview
6.4Umicore NV-SA
- 6.4.1Company Overview
- 6.4.2Financial Analysis
6.5Hunter Chemical, LLC
- 6.5.1Company Overview
6.6Incasa S.A
- 6.6.1Company Overview
6.7Freeport-McMoRan Inc.
- 6.7.1Company Overview
- 6.7.2Financial Analysis
6.8Merck KGaA
- 6.8.1Company Overview
- 6.8.2Financial Analysis
- 6.8.3Segmental and Regional Analysis
- 6.8.4Research & Development Expense
- 6.8.5SWOT Analysis

LIST OF TABLES

TABLE 1Europe Cobalt Sulphate Market, 2019 - 2022, USD Million
TABLE 2Europe Cobalt Sulphate Market, 2023 - 2030, USD Million
TABLE 3Europe Cobalt Sulphate Market, 2019 - 2022, Hundred Tonnes
TABLE 4Europe Cobalt Sulphate Market, 2023 - 2030, Hundred Tonnes
TABLE 5Europe Cobalt Sulphate Market by Application, 2019 - 2022, USD Million
TABLE 6Europe Cobalt Sulphate Market by Application, 2023 - 2030, USD Million
TABLE 7Europe Cobalt Sulphate Market by Application, 2019 - 2022, Hundred Tonnes
TABLE 8Europe Cobalt Sulphate Market by Application, 2023 - 2030, Hundred Tonnes
TABLE 9Europe Batteries Market by Country, 2019 - 2022, USD Million
TABLE 10Europe Batteries Market by Country, 2023 - 2030, USD Million
TABLE 11Europe Batteries Market by Country, 2019 - 2022, Hundred Tonnes
TABLE 12Europe Batteries Market by Country, 2023 - 2030, Hundred Tonnes
TABLE 13Europe Alloys Market by Country, 2019 - 2022, USD Million
TABLE 14Europe Alloys Market by Country, 2023 - 2030, USD Million
TABLE 15Europe Alloys Market by Country, 2019 - 2022, Hundred Tonnes
TABLE 16Europe Alloys Market by Country, 2023 - 2030, Hundred Tonnes
TABLE 17Europe Magnets Market by Country, 2019 - 2022, USD Million
TABLE 18Europe Magnets Market by Country, 2023 - 2030, USD Million
TABLE 19Europe Magnets Market by Country, 2019 - 2022, Hundred Tonnes
TABLE 20Europe Magnets Market by Country, 2023 - 2030, Hundred Tonnes
TABLE 21Europe Hard Materials Market by Country, 2019 - 2022, USD Million
TABLE 22Europe Hard Materials Market by Country, 2023 - 2030, USD Million
TABLE 23Europe Hard Materials Market by Country, 2019 - 2022, Hundred Tonnes
TABLE 24Europe Hard Materials Market by Country, 2023 - 2030, Hundred Tonnes
TABLE 25Europe Catalyst Market by Country, 2019 - 2022, USD Million
TABLE 26Europe Catalyst Market by Country, 2023 - 2030, USD Million
TABLE 27Europe Catalyst Market by Country, 2019 - 2022, Hundred Tonnes
TABLE 28Europe Catalyst Market by Country, 2023 - 2030, Hundred Tonnes
TABLE 29Europe Inks & Dyes Market by Country, 2019 - 2022, USD Million
TABLE 30Europe Inks & Dyes Market by Country, 2023 - 2030, USD Million
TABLE 31Europe Inks & Dyes Market by Country, 2019 - 2022, Hundred Tonnes
TABLE 32Europe Inks & Dyes Market by Country, 2023 - 2030, Hundred Tonnes
TABLE 33Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 34Europe Others Market by Country, 2023 - 2030, USD Million
TABLE 35Europe Others Market by Country, 2019 - 2022, Hundred Tonnes
TABLE 36Europe Others Market by Country, 2023 - 2030, Hundred Tonnes
TABLE 37Europe Cobalt Sulphate Market by Country, 2019 - 2022, USD Million
TABLE 38Europe Cobalt Sulphate Market by Country, 2023 - 2030, USD Million
TABLE 39Europe Cobalt Sulphate Market by Country, 2019 - 2022, Hundred Tonnes
TABLE 40Europe Cobalt Sulphate Market by Country, 2023 - 2030, Hundred Tonnes
TABLE 41Germany Cobalt Sulphate Market, 2019 - 2022, USD Million
TABLE 42Germany Cobalt Sulphate Market, 2023 - 2030, USD Million
TABLE 43Germany Cobalt Sulphate Market, 2019 - 2022, Hundred Tonnes
TABLE 44Germany Cobalt Sulphate Market, 2023 - 2030, Hundred Tonnes
TABLE 45Germany Cobalt Sulphate Market by Application, 2019 - 2022, USD Million
TABLE 46Germany Cobalt Sulphate Market by Application, 2023 - 2030, USD Million
TABLE 47Germany Cobalt Sulphate Market by Application, 2019 - 2022, Hundred Tonnes
TABLE 48Germany Cobalt Sulphate Market by Application, 2023 - 2030, Hundred Tonnes
TABLE 49UK Cobalt Sulphate Market, 2019 - 2022, USD Million
TABLE 50UK Cobalt Sulphate Market, 2023 - 2030, USD Million
TABLE 51UK Cobalt Sulphate Market, 2019 - 2022, Hundred Tonnes
TABLE 52UK Cobalt Sulphate Market, 2023 - 2030, Hundred Tonnes
TABLE 53UK Cobalt Sulphate Market by Application, 2019 - 2022, USD Million
TABLE 54UK Cobalt Sulphate Market by Application, 2023 - 2030, USD Million
TABLE 55UK Cobalt Sulphate Market by Application, 2019 - 2022, Hundred Tonnes
TABLE 56UK Cobalt Sulphate Market by Application, 2023 - 2030, Hundred Tonnes
TABLE 57France Cobalt Sulphate Market, 2019 - 2022, USD Million
TABLE 58France Cobalt Sulphate Market, 2023 - 2030, USD Million
TABLE 59France Cobalt Sulphate Market, 2019 - 2022, Hundred Tonnes
TABLE 60France Cobalt Sulphate Market, 2023 - 2030, Hundred Tonnes
TABLE 61France Cobalt Sulphate Market by Application, 2019 - 2022, USD Million
TABLE 62France Cobalt Sulphate Market by Application, 2023 - 2030, USD Million
TABLE 63France Cobalt Sulphate Market by Application, 2019 - 2022, Hundred Tonnes
TABLE 64France Cobalt Sulphate Market by Application, 2023 - 2030, Hundred Tonnes
TABLE 65Russia Cobalt Sulphate Market, 2019 - 2022, USD Million
TABLE 66Russia Cobalt Sulphate Market, 2023 - 2030, USD Million
TABLE 67Russia Cobalt Sulphate Market, 2019 - 2022, Hundred Tonnes
TABLE 68Russia Cobalt Sulphate Market, 2023 - 2030, Hundred Tonnes
TABLE 69Russia Cobalt Sulphate Market by Application, 2019 - 2022, USD Million
TABLE 70Russia Cobalt Sulphate Market by Application, 2023 - 2030, USD Million
TABLE 71Russia Cobalt Sulphate Market by Application, 2019 - 2022, Hundred Tonnes
TABLE 72Russia Cobalt Sulphate Market by Application, 2023 - 2030, Hundred Tonnes
TABLE 73Spain Cobalt Sulphate Market, 2019 - 2022, USD Million
TABLE 74Spain Cobalt Sulphate Market, 2023 - 2030, USD Million
TABLE 75Spain Cobalt Sulphate Market, 2019 - 2022, Hundred Tonnes
TABLE 76Spain Cobalt Sulphate Market, 2023 - 2030, Hundred Tonnes
TABLE 77Spain Cobalt Sulphate Market by Application, 2019 - 2022, USD Million
TABLE 78Spain Cobalt Sulphate Market by Application, 2023 - 2030, USD Million
TABLE 79Spain Cobalt Sulphate Market by Application, 2019 - 2022, Hundred Tonnes
TABLE 80Spain Cobalt Sulphate Market by Application, 2023 - 2030, Hundred Tonnes
TABLE 81Italy Cobalt Sulphate Market, 2019 - 2022, USD Million
TABLE 82Italy Cobalt Sulphate Market, 2023 - 2030, USD Million
TABLE 83Italy Cobalt Sulphate Market, 2019 - 2022, Hundred Tonnes
TABLE 84Italy Cobalt Sulphate Market, 2023 - 2030, Hundred Tonnes
TABLE 85Italy Cobalt Sulphate Market by Application, 2019 - 2022, USD Million
TABLE 86Italy Cobalt Sulphate Market by Application, 2023 - 2030, USD Million
TABLE 87Italy Cobalt Sulphate Market by Application, 2019 - 2022, Hundred Tonnes
TABLE 88Italy Cobalt Sulphate Market by Application, 2023 - 2030, Hundred Tonnes
TABLE 89Rest of Europe Cobalt Sulphate Market, 2019 - 2022, USD Million
TABLE 90Rest of Europe Cobalt Sulphate Market, 2023 - 2030, USD Million
TABLE 91Rest of Europe Cobalt Sulphate Market, 2019 - 2022, Hundred Tonnes
TABLE 92Rest of Europe Cobalt Sulphate Market, 2023 - 2030, Hundred Tonnes
TABLE 93Rest of Europe Cobalt Sulphate Market by Application, 2019 - 2022, USD Million
TABLE 94Rest of Europe Cobalt Sulphate Market by Application, 2023 - 2030, USD Million
TABLE 95Rest of Europe Cobalt Sulphate Market by Application, 2019 - 2022, Hundred Tonnes
TABLE 96Rest of Europe Cobalt Sulphate Market by Application, 2023 - 2030, Hundred Tonnes
TABLE 97Key Information - JERVOIS GLOBAL LIMITED
TABLE 98Key Information - Shepherd Chemical Company
TABLE 99Key Information - Nantong Xinwei Nickel & Cobalt Hightech Development CO., LTD.
TABLE 100Key Information - Umicore NV-SA
TABLE 101Key Information - Hunter Chemical, LLC
TABLE 102Key Information - Incasa S.A
TABLE 103Key Information - Freeport-McMoRan Inc.
TABLE 104key Information - Merck KGaA

Europe Cobalt Sulphate Market Size, Share & Trends Analysis Report By Application (Batteries, Alloys, Magnets, Hard Materials, Catalyst, Inks & Dyes and Others), By Country and Growth Forecast, 2023 - 2030