Asia Pacific Cobalt Market Size & Outlook, 2024-2030
Asia Pacific cobalt market, 2018-2030 (US$M)
Related Markets
Asia Pacific cobalt market highlights
- The Asia Pacific cobalt market generated a revenue of USD 12,592.5 million in 2022.
- The market is expected to grow at a CAGR of 6.7% from 2023 to 2030.
- In terms of segment, cobalt sulfate was the largest revenue generating product in 2022.
- Cobalt Sulfate is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 12,592.5 million |
| Market revenue in 2030 | USD 21,131.4 million |
| Growth rate | 6.7% (CAGR from 2022 to 2030) |
| Largest segment | Cobalt sulfate |
| Fastest growing segment | Cobalt Sulfate |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cobalt Sulfate, Cobalt Oxide, Cobalt Metal |
| Key market players worldwide | CMOC Group Ltd Class H, Eurasian Resources Group, Freeport-McMoRan Inc, Glencore PLC, Sumitomo Metal Mining Co Ltd, Umicore SA ADR |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 78.9% of the global cobalt market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 21,131.4 million by 2030.
Key Regions: Japan , U.S. , UK , China , South Korea
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Cobalt Market Scope
Cobalt Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific cobalt market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cobalt market will help companies and investors design strategic landscapes.
Cobalt sulfate was the largest segment with a revenue share of 70.62% in 2024. Horizon Databook has segmented the Asia Pacific cobalt market based on cobalt sulfate, cobalt oxide, cobalt metal covering the revenue growth of each sub-segment from 2018 to 2030.
Reasons to subscribe to Asia Pacific cobalt market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Asia Pacific cobalt market databook
-
Our clientele includes a mix of cobalt market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific cobalt market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific cobalt market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Asia Pacific cobalt market size, by country, 2018-2030 (US$M)
Asia Pacific Cobalt Market Outlook Share, 2024 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
