Cobalt (II) acetate is the cobalt salt of acetic acid. It is commonly found as the Cobalt Acetate Crystal Co (CH3CO2)2·4 H2O, abbreviated Co (OAc) 2·4 H2O. It is a very import oxidation catalyst for PTA.
Globally, production of cobalt acetate is mainly dominated by a few companies, such Mechema Chemicals, CoreMax, Freeport Cobalt, Umicore and so on. As for the production base, China is the largest region. In 2018, 80.65% cobalt acetate was produced in these two regions. When considering the consumption, which is dominated by the PTA industry, China, North America and India are the key consumers of cobalt acetate. In 2018, 62.60%, 8.13% and 10.87% cobalt acetate were consumed in those regions respectively.
Global Cobalt Acetate market size will increase to 190.9 Million US$ by 2025, from 141 Million US$ in 2018, at a CAGR of 6.2% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Cobalt Acetate.
This report researches the worldwide Cobalt Acetate market size (value, capacity, production and consumption) in key regions like North America, Europe, China, Japan and Southeast Asia.
This study categorizes the global Cobalt Acetate breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Coremax Corporation
Mechema Chemicals International
Umicore
Freeport Cobalt
Full Yield Industry
Kansai Catalyst
ICoNiChem
Nanjing Chemical Reagent
Liaoyang Synthetic Catalyst
XiaXian Yunli Chemical
Jiangxi Nuclear Industry
Jinhaiwan Chemical
TIANFU CHEMICAL
Dalian Well
Cobalt Acetate Breakdown Data by Type
Cobalt Acetate Solution
Cobalt Acetate Crystal
Cobalt acetate solution takes over 80% market share of cobalt acetate in 2018, and it will continue to grow from 2019 to 2025.
Cobalt acetate crystal holds 18% market share of cobalt acetate in 2018, but the demand for it will increase in the next five years.
Cobalt Acetate Breakdown Data by Application
Paint Driers
Catalysts
Pigment & Textile Dying
Others
Paint driers takes 5.5% market share in 2018, and it won't expand fast in the coming years.
Catalysts take over 89% market share of cobalt acetate in 2018, and it will grow fast from 2019 to 2025.
Pigment and textile dying take below 5% market share of cobalt acetate in 2018.
Cobalt Acetate Production Breakdown Data by Region
North America
Europe
China
Japan
Southeast Asia
Cobalt Acetate Consumption Breakdown Data by Region
North America
United States
Canada
Mexico
Europe
Germany
France
UK
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Central & South America
Brazil
Middle East & Africa
Turkey
GCC Countries
Egypt
South Africa
The study objectives are:
To analyze and research the global Cobalt Acetate capacity, production, value, consumption, status and forecast;
To focus on the key Cobalt Acetate manufacturers and study the capacity, production, value, market share and development plans in next few years.
To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Cobalt Acetate :
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Cobalt Acetate . Industry analysis & Market Report on Cobalt Acetate is a syndicated market report, published as Global Cobalt Acetate Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Cobalt Acetate market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.