市場調查報告書
商品編碼
1468608
2024-2032 年按形式(粉末、溶液)、應用(合金、磁鐵、硬質材料、催化劑、油墨和染料、電池等)和地區分類的硫酸鈷市場報告Cobalt Sulphate Market Report by Form (Powder, Solution), Application (Alloys, Magnets, Hard Materials, Catalyst, Inks and Dyes, Batteries, and Others), and Region 2024-2032 |
IMARC Group年,全球硫酸鈷市場規模達12億美元。電動車銷量的增加、政府推廣再生能源措施的實施以及消費性電子產品利用率的提高是推動市場的一些關鍵因素。
硫酸鈷的化學式為CoSO4,是一種由鈷、硫和氧組成的化合物。它與硫酸混合形成七水硫酸鈷,也可以透過電鍍製程生產,其中使用含有硫酸鈷的電解質溶液將鈷沉積到金屬基材上。極易溶於水,常溫下穩定,能耐高溫不分解。它廣泛用於生產可充電電池,特別是用於電動車、攜帶式電子設備和儲能系統的鋰離子電池。它也被用作牲畜和家禽的飼料添加劑,以防止鈷缺乏症,鈷缺乏症可能導致動物的健康問題。近年來,硫酸鈷的發展勢頭強勁,因為它在各種工業垂直領域都有廣泛的應用,例如用作油漆和油墨的乾燥劑以及牲畜的飼料補充劑。
該市場主要受到全球電動車銷量激增的推動。硫酸鈷用於製造鋰離子電池,鋰離子電池是電動車的關鍵零件。此外,消費性電子產品的需求不斷成長是另一個主要的成長誘導因素。硫酸鈷也用於生產智慧型手機、筆記型電腦和其他電子設備的充電電池。除此之外,許多國家的政府正在推廣使用再生能源以減少碳排放。這導致太陽能電池板和風力渦輪機的產量增加,這些渦輪機在其結構中使用硫酸鈷。再加上陶瓷和玻璃產業產品採用率的不斷上升,推動了市場的成長。硫酸鈷在陶瓷和玻璃生產中用作著色劑,以提供深色顏料。此外,中國和印度等新興市場正在快速工業化,這增加了對硫酸鈷作為各種工業應用的關鍵原料的需求。隨著這些經濟體的持續成長,硫酸鈷的需求預計將進一步上升。此外,硫酸鈷廣泛用作畜禽飼料添加劑,以防止動物缺乏鈷,這也為全球創造了良好的市場前景。
The global cobalt sulphate market size reached US$ 1.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 2.0 Billion by 2032, exhibiting a growth rate (CAGR) of 5.02% during 2024-2032. The increasing sales of electric vehicles, the implementation of government initiatives to promote renewable energy, and the rising utilization of consumer electronics represent some of the key factors driving the market.
Cobalt sulfate, with the formula CoSO4, is a chemical compound that consists of cobalt, sulfur, and oxygen. It is mixed with sulfuric acid to form cobalt sulfate heptahydrate and can also be produced through a process known as electroplating, wherein cobalt is deposited onto a metal substrate using an electrolyte solution containing cobalt sulphate. It is highly soluble in water, stable at room temperature, and can withstand high temperatures without decomposition. It is widely used in the production of rechargeable batteries, particularly in lithium-ion batteries used in electric vehicles, portable electronic devices, and energy storage systems. It is also utilized as a feed additive for livestock and poultry to prevent cobalt deficiency, which can lead to health issues in animals. In recent years, cobalt sulphate has gained momentum as it finds extensive applications across various industrial verticals such as it is used as a drying agent for paints and inks, and as a feed supplement for livestock.
The market is primarily driven by the surging sales of electric vehicles across the globe. Cobalt sulfate is used in manufacturing lithium-ion batteries, which are a key component of EVs. In addition, the increasing demand for consumer electronics represents another major growth-inducing factor. Cobalt sulfate is also used to produce rechargeable batteries for smartphones, laptops, and other electronic devices. Besides this, governments of numerous countries are promoting the use of renewable energy sources to reduce carbon emissions. This has led to increased production of solar panels and wind turbines, which use cobalt sulfate in their construction. This, coupled with the rising product adoption in the ceramic and glass industry, is contributing to the market growth. Cobalt sulphate is used as a colorant in ceramics and glass production to provide deep pigment. Moreover, emerging markets such as China and India are rapidly industrializing, which is increasing the demand for cobalt sulphate as a key raw material for various industrial applications. As these economies continue to grow, the demand for cobalt sulfate is expected to rise further. Furthermore, cobalt sulphate is widely used as a feed additive for livestock and poultry to prevent cobalt deficiency in animals which is also creating a favorable market outlook across the globe.
IMARC Group provides an analysis of the key trends in each segment of the global cobalt sulphate market, along with forecasts at the global, regional, and country levels from 2024-2032. Our report has categorized the market based on form and application.
Powder
Solution
The report has provided a detailed breakup and analysis of the cobalt sulphate market based on the form. This includes powder and solution. According to the report, powder represented the largest segment.
Alloys
Magnets
Hard Materials
Catalyst
Inks and Dyes
Batteries
Others
A detailed breakup and analysis of the cobalt sulphate market based on the application has also been provided in the report. This includes alloys, magnets, hard materials, catalyst, inks and dyes, batteries, and others. According to the report, batteries accounted for the largest market share.
North America
United States
Canada
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific was the largest market for cobalt sulphate. Some of the factors driving the Asia Pacific cobalt sulphate market include increasing sales of electric vehicles, escalating demand for consumer electronics, and rapid industrialization.
The report has also provided a comprehensive analysis of the competitive landscape in the global cobalt sulphate market. Detailed profiles of all major companies have also been provided. Some of the companies covered include Anglo American plc, Ganzhou Tengyuan Cobalt New Material Co. Ltd., GEM Co. Ltd., Hunter Chemical LLC, Incasa S.A., Jervois Finland, Merck KGaA, Nantong Xinwei Nickel & Cobalt Hightech Development Co. Ltd., Norilsk Nickel, Umicore N.V., Zhangjiagang Huayi Chemical Co. Ltd., etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.