Asia Pacific 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 Asia Pacific Cobalt Sulphate Market would witness market growth of 6.4% CAGR during the forecast period (2023-2030). In the year 2021, the Asia Pacific market's volume surged to 395.5 Hundred Tonnes, showcasing a growth of 5.6% (2019-2022).

Innovations in cobalt extraction from ores are a focus area within the industry. New and more sustainable extraction technologies aim to minimize the environmental impact of cobalt mining, addressing concerns related to deforestation, water pollution, and other ecological challenges associated with traditional mining methods. Researchers are developing selective recovery techniques to target specific metals, including cobalt, in extraction. This reduces the need for extensive processing steps and minimizes the impact on non-target elements in the ore.

Moreover, as part of a broader sustainable approach, there is a growing emphasis on recycling cobalt from end-of-life products, such as batteries. Urban mining, or the recovery of metals from electronic waste, is gaining attention as a means to reduce the reliance on traditional mining. Efficient recycling processes contribute to a circular economy and minimize the environmental footprint of cobalt production.

As per the data from the State Council of China, the nation possessed a cumulative installed renewable energy capacity of 1.06 billion kilowatts by the conclusion of 2021, constituting 44.8 percent of the overall installed power generation capacity. China produced 2.48 trillion kWh of electricity from renewable sources in 2021, representing 29.8 percent of the nation's overall electricity usage. Moreover, as per Invest India, the nation's electronics production will be $300 Bn by FY26. The domestic production of electronics is valued at $101 Bn in FY23 and is segmented (based on FY22 data) as Mobile Phones (43%), IT Hardware (5%), and Consumer Electronics (12%). Thus, the rising electronics and renewable energy sector in Asia Pacific will assist in the expansion of the regional market.

The China market dominated the Asia Pacific Cobalt Sulphate Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $226.5 million by 2030. The Japan market is registering a CAGR of 5.8% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 7.1% 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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

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

Asia Pacific 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)

China
Japan
India
South Korea
Singapore
Malaysia
Rest of Asia Pacific

Chapter 1.Market Scope & Methodology

1.1Market Definition
1.2Objectives
1.3Market Scope
1.4Segmentation
- 1.4.1Asia Pacific Cobalt Sulphate Market, by Application
- 1.4.2Asia Pacific 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.Asia Pacific Cobalt Sulphate Market by Application

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

Chapter 5.Asia Pacific Cobalt Sulphate Market by Country

5.1China Cobalt Sulphate Market
- 5.1.1China Cobalt Sulphate Market by Application
5.2Japan Cobalt Sulphate Market
- 5.2.1Japan Cobalt Sulphate Market by Application
5.3India Cobalt Sulphate Market
- 5.3.1India Cobalt Sulphate Market by Application
5.4South Korea Cobalt Sulphate Market
- 5.4.1South Korea Cobalt Sulphate Market by Application
5.5Singapore Cobalt Sulphate Market
- 5.5.1Singapore Cobalt Sulphate Market by Application
5.6Malaysia Cobalt Sulphate Market
- 5.6.1Malaysia Cobalt Sulphate Market by Application
5.7Rest of Asia Pacific Cobalt Sulphate Market
- 5.7.1Rest of Asia Pacific 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 1Asia Pacific Cobalt Sulphate Market, 2019 - 2022, USD Million
TABLE 2Asia Pacific Cobalt Sulphate Market, 2023 - 2030, USD Million
TABLE 3Asia Pacific Cobalt Sulphate Market, 2019 - 2022, Hundred Tonnes
TABLE 4Asia Pacific Cobalt Sulphate Market, 2023 - 2030, Hundred Tonnes
TABLE 5Asia Pacific Cobalt Sulphate Market by Application, 2019 - 2022, USD Million
TABLE 6Asia Pacific Cobalt Sulphate Market by Application, 2023 - 2030, USD Million
TABLE 7Asia Pacific Cobalt Sulphate Market by Application, 2019 - 2022, Hundred Tonnes
TABLE 8Asia Pacific Cobalt Sulphate Market by Application, 2023 - 2030, Hundred Tonnes
TABLE 9Asia Pacific Batteries Market by Country, 2019 - 2022, USD Million
TABLE 10Asia Pacific Batteries Market by Country, 2023 - 2030, USD Million
TABLE 11Asia Pacific Batteries Market by Country, 2019 - 2022, Hundred Tonnes
TABLE 12Asia Pacific Batteries Market by Country, 2023 - 2030, Hundred Tonnes
TABLE 13Asia Pacific Alloys Market by Country, 2019 - 2022, USD Million
TABLE 14Asia Pacific Alloys Market by Country, 2023 - 2030, USD Million
TABLE 15Asia Pacific Alloys Market by Country, 2019 - 2022, Hundred Tonnes
TABLE 16Asia Pacific Alloys Market by Country, 2023 - 2030, Hundred Tonnes
TABLE 17Asia Pacific Magnets Market by Country, 2019 - 2022, USD Million
TABLE 18Asia Pacific Magnets Market by Country, 2023 - 2030, USD Million
TABLE 19Asia Pacific Magnets Market by Country, 2019 - 2022, Hundred Tonnes
TABLE 20Asia Pacific Magnets Market by Country, 2023 - 2030, Hundred Tonnes
TABLE 21Asia Pacific Hard Materials Market by Country, 2019 - 2022, USD Million
TABLE 22Asia Pacific Hard Materials Market by Country, 2023 - 2030, USD Million
TABLE 23Asia Pacific Hard Materials Market by Country, 2019 - 2022, Hundred Tonnes
TABLE 24Asia Pacific Hard Materials Market by Country, 2023 - 2030, Hundred Tonnes
TABLE 25Asia Pacific Catalyst Market by Country, 2019 - 2022, USD Million
TABLE 26Asia Pacific Catalyst Market by Country, 2023 - 2030, USD Million
TABLE 27Asia Pacific Catalyst Market by Country, 2019 - 2022, Hundred Tonnes
TABLE 28Asia Pacific Catalyst Market by Country, 2023 - 2030, Hundred Tonnes
TABLE 29Asia Pacific Inks & Dyes Market by Country, 2019 - 2022, USD Million
TABLE 30Asia Pacific Inks & Dyes Market by Country, 2023 - 2030, USD Million
TABLE 31Asia Pacific Inks & Dyes Market by Country, 2019 - 2022, Hundred Tonnes
TABLE 32Asia Pacific Inks & Dyes Market by Country, 2023 - 2030, Hundred Tonnes
TABLE 33Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 34Asia Pacific Others Market by Country, 2023 - 2030, USD Million
TABLE 35Asia Pacific Others Market by Country, 2019 - 2022, Hundred Tonnes
TABLE 36Asia Pacific Others Market by Country, 2023 - 2030, Hundred Tonnes
TABLE 37Asia Pacific Cobalt Sulphate Market by Country, 2019 - 2022, USD Million
TABLE 38Asia Pacific Cobalt Sulphate Market by Country, 2023 - 2030, USD Million
TABLE 39Asia Pacific Cobalt Sulphate Market by Country, 2019 - 2022, Hundred Tonnes
TABLE 40Asia Pacific Cobalt Sulphate Market by Country, 2023 - 2030, Hundred Tonnes
TABLE 41China Cobalt Sulphate Market, 2019 - 2022, USD Million
TABLE 42China Cobalt Sulphate Market, 2023 - 2030, USD Million
TABLE 43China Cobalt Sulphate Market, 2019 - 2022, Hundred Tonnes
TABLE 44China Cobalt Sulphate Market, 2023 - 2030, Hundred Tonnes
TABLE 45China Cobalt Sulphate Market by Application, 2019 - 2022, USD Million
TABLE 46China Cobalt Sulphate Market by Application, 2023 - 2030, USD Million
TABLE 47China Cobalt Sulphate Market by Application, 2019 - 2022, Hundred Tonnes
TABLE 48China Cobalt Sulphate Market by Application, 2023 - 2030, Hundred Tonnes
TABLE 49Japan Cobalt Sulphate Market, 2019 - 2022, USD Million
TABLE 50Japan Cobalt Sulphate Market, 2023 - 2030, USD Million
TABLE 51Japan Cobalt Sulphate Market, 2019 - 2022, Hundred Tonnes
TABLE 52Japan Cobalt Sulphate Market, 2023 - 2030, Hundred Tonnes
TABLE 53Japan Cobalt Sulphate Market by Application, 2019 - 2022, USD Million
TABLE 54Japan Cobalt Sulphate Market by Application, 2023 - 2030, USD Million
TABLE 55Japan Cobalt Sulphate Market by Application, 2019 - 2022, Hundred Tonnes
TABLE 56Japan Cobalt Sulphate Market by Application, 2023 - 2030, Hundred Tonnes
TABLE 57India Cobalt Sulphate Market, 2019 - 2022, USD Million
TABLE 58India Cobalt Sulphate Market, 2023 - 2030, USD Million
TABLE 59India Cobalt Sulphate Market, 2019 - 2022, Hundred Tonnes
TABLE 60India Cobalt Sulphate Market, 2023 - 2030, Hundred Tonnes
TABLE 61India Cobalt Sulphate Market by Application, 2019 - 2022, USD Million
TABLE 62India Cobalt Sulphate Market by Application, 2023 - 2030, USD Million
TABLE 63India Cobalt Sulphate Market by Application, 2019 - 2022, Hundred Tonnes
TABLE 64India Cobalt Sulphate Market by Application, 2023 - 2030, Hundred Tonnes
TABLE 65South Korea Cobalt Sulphate Market, 2019 - 2022, USD Million
TABLE 66South Korea Cobalt Sulphate Market, 2023 - 2030, USD Million
TABLE 67South Korea Cobalt Sulphate Market, 2019 - 2022, Hundred Tonnes
TABLE 68South Korea Cobalt Sulphate Market, 2023 - 2030, Hundred Tonnes
TABLE 69South Korea Cobalt Sulphate Market by Application, 2019 - 2022, USD Million
TABLE 70South Korea Cobalt Sulphate Market by Application, 2023 - 2030, USD Million
TABLE 71South Korea Cobalt Sulphate Market by Application, 2019 - 2022, Hundred Tonnes
TABLE 72South Korea Cobalt Sulphate Market by Application, 2023 - 2030, Hundred Tonnes
TABLE 73Singapore Cobalt Sulphate Market, 2019 - 2022, USD Million
TABLE 74Singapore Cobalt Sulphate Market, 2023 - 2030, USD Million
TABLE 75Singapore Cobalt Sulphate Market, 2019 - 2022, Hundred Tonnes
TABLE 76Singapore Cobalt Sulphate Market, 2023 - 2030, Hundred Tonnes
TABLE 77Singapore Cobalt Sulphate Market by Application, 2019 - 2022, USD Million
TABLE 78Singapore Cobalt Sulphate Market by Application, 2023 - 2030, USD Million
TABLE 79Singapore Cobalt Sulphate Market by Application, 2019 - 2022, Hundred Tonnes
TABLE 80Singapore Cobalt Sulphate Market by Application, 2023 - 2030, Hundred Tonnes
TABLE 81Malaysia Cobalt Sulphate Market, 2019 - 2022, USD Million
TABLE 82Malaysia Cobalt Sulphate Market, 2023 - 2030, USD Million
TABLE 83Malaysia Cobalt Sulphate Market, 2019 - 2022, Hundred Tonnes
TABLE 84Malaysia Cobalt Sulphate Market, 2023 - 2030, Hundred Tonnes
TABLE 85Malaysia Cobalt Sulphate Market by Application, 2019 - 2022, USD Million
TABLE 86Malaysia Cobalt Sulphate Market by Application, 2023 - 2030, USD Million
TABLE 87Malaysia Cobalt Sulphate Market by Application, 2019 - 2022, Hundred Tonnes
TABLE 88Malaysia Cobalt Sulphate Market by Application, 2023 - 2030, Hundred Tonnes
TABLE 89Rest of Asia Pacific Cobalt Sulphate Market, 2019 - 2022, USD Million
TABLE 90Rest of Asia Pacific Cobalt Sulphate Market, 2023 - 2030, USD Million
TABLE 91Rest of Asia Pacific Cobalt Sulphate Market, 2019 - 2022, Hundred Tonnes
TABLE 92Rest of Asia Pacific Cobalt Sulphate Market, 2023 - 2030, Hundred Tonnes
TABLE 93Rest of Asia Pacific Cobalt Sulphate Market by Application, 2019 - 2022, USD Million
TABLE 94Rest of Asia Pacific Cobalt Sulphate Market by Application, 2023 - 2030, USD Million
TABLE 95Rest of Asia Pacific Cobalt Sulphate Market by Application, 2019 - 2022, Hundred Tonnes
TABLE 96Rest of Asia Pacific 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

Asia Pacific 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