Cobalt sulfate is an inorganic, divalent cobalt salt of sulfuric acid, represented by the chemical formula, CoSO4. It is an odorless reddish metallic salt, which is readily soluble in water and methanol. Cobalt oxide or other cobalt derivatives are dissolved in dilute sulfuric acid, which crystallizes to form cobalt sulfate. In addition, large amount of cobalt sulfate is produced as a by-product during the manufacturing of various metals, such as nickel and copper.
The global cobalt sulphate market is segmented based on application and region. Based on application, it is bifurcated into super alloy, hard facing/HSS & other alloy, magnet, hard material, catalyst, color, and battery, and others. Super alloys are high-performance alloys, used in situations that require exceptional properties, such as high mechanical strength, resistance to high temperatures, corrosion, and other stress situations. Besides the batteries segment, a major share of the cobalt sulphate industry has accounted by the super alloys segment due to their applications in aircraft manufacturing.
The global Cobalt Sulphate market was valued at 970 million US$ in 2018 and will reach 1100 million US$ by the end of 2025, growing at a CAGR of 1.6% during 2019-2025.
This report focuses on Cobalt Sulphate volume and value at global level, regional level and company level. From a global perspective, this report represents overall Cobalt Sulphate market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Cobalt Sulphate in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Cobalt Sulphate manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.
The following manufacturers are covered:
Freeport Cobalt Oy
Ganzhou Tengyuan Cobalt Industrial Co., Ltd
Jiayuan Cobalt Holdings
Jilin Jien Nickel Industry Co., Ltd.
Jinchuan Group Co., Ltd.
Nickel & Cobalt Hightech Development
Nicomet Industries Limited
MMC Norilsk Nickel
Umicore
Zhangjiagang Huayi Chemical Co. Ltd.
Dalian Ruiyuan
Hebei Kingway
Shanghai Qingong
Nantong Xinwei
Segment by Regions
North America
Europe
China
Japan
Southeast Asia
India
Segment by Type
Battery
Pigment
Segment by Application
Super Alloy
Hard Facing/ HSS & Other Alloy
Magnet
Hard Material
Catalyst
Color
Battery
Others
Summary:
Get latest Market Research Reports on Cobalt Sulphate. Industry analysis & Market Report on Cobalt Sulphate is a syndicated market report, published as Global Cobalt Sulphate Market Professional Survey Report 2019. It is complete Research Study and Industry Analysis of Cobalt Sulphate market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.