Table of Content

1. Executive Summary


2. Introduction

2.1 Cobalt: An Overview
2.1.1 Introduction to Cobalt
2.1.2 Uses of Cobalt

2.2 Cobalt Segmentation: An Overview
2.2.1 Cobalt Segmentation


3. Global Market Analysis

3.1 Global Cobalt Market: An Analysis

3.1.1 Global Cobalt Market: An Overview
3.1.2 Global Cobalt Market by Value
3.1.3 Global Cobalt Market by Form (Chemical and Metal)

3.2 Global Cobalt Market: Form Analysis

3.2.1 Global Cobalt Market by Form: An Overview
3.2.2 Global Chemical Cobalt Market by Value
3.2.3 Global Metal Cobalt Market by Value

3.3 Global Cobalt Market: Mined Supply Analysis

3.3.1 Global Cobalt Market by Mined Supply: An Overview
3.3.2 Global Cobalt Market by Mined Supply
3.3.3 Global Cobalt Market Mined Supply by Source (Copper, Nickel, Primary Cobalt, and Others)
3.3.4 Global Cobalt Market Mined Supply by Region (Congo (DRC), Indonesia, Russia, Australia, Canada, Cuba, Madagascar, and Rest of the World)

3.4 Global Cobalt Market: Refined Supply Analysis

3.4.1 Global Cobalt Market by Refined Supply: An Overview
3.4.2 Global Cobalt Market by Refined Supply
3.4.3 Global Cobalt Market Refined Supply by Type (Primary and Secondary)
3.4.4 Global Cobalt Market Refined Supply by Form (Chemical and Metal)
3.4.5 Global Cobalt Market Refined Supply by Region (China, Finland, Canada, Norway, Australia, Madagascar, DRC, Morocco, Russia, and Rest of the World)

3.5 Global Cobalt Market Refined Supply: Type Analysis

3.5.1 Global Cobalt Market Refined Supply by Type: An Overview
3.5.2 Global Cobalt Market by Primary Refined Supply
3.5.3 Global Cobalt Market by Secondary Refined Supply

3.6 Global Cobalt Market: Demand Analysis

3.6.1 Global Cobalt Market by Demand: An Overview
3.6.2 Global Cobalt Market by Demand
3.6.3 Global Cobalt Market Demand by Application (Batteries and Non-Batteries)
3.6.4 Global Cobalt Market Demand by Region (Asia Pacific, Europe, North America, Latin America, and Middle East and Africa)

3.7 Global Cobalt Market Demand: Application Analysis

3.7.1 Global Cobalt Market Demand by Application: An Overview
3.7.2 Global Batteries Cobalt Market by Demand
3.7.3 Global Batteries Cobalt Market Demand by Type (Electric Vehicles, Electronics, Energy Storage System, and Power Devices & Motive Products)
3.7.4 Global Batteries Cobalt Market Type by Demand
3.7.5 Global Non-Batteries Cobalt Market by Demand

3.8 Global Cobalt Market: Reserve Analysis

3.8.1 Global Cobalt Market by Reserves: An Overview
3.8.2 Global Cobalt Market by Reserves


4. Regional Market Analysis

4.1 Congo (DRC) Cobalt Market Mined Supply: An Analysis
4.1.1 Congo (DRC) Cobalt Market by Mined Supply: An Overview
4.1.2 Congo (DRC) Cobalt Market by Mined Supply

4.2 Indonesia Cobalt Market Mined Supply: An Analysis
4.2.1 Indonesia Cobalt Market by Mined Supply: An Overview
4.2.2 Indonesia Cobalt Market by Mined Supply

4.3 Russia Cobalt Market Mined Supply: An Analysis
4.3.1 Russia Cobalt Market by Mined Supply: An Overview
4.3.2 Russia Cobalt Market by Mined Supply

4.4 Australia Cobalt Market Mined Supply: An Analysis
4.4.1 Australia Cobalt Market by Mined Supply: An Overview
4.4.2 Australia Cobalt Market by Mined Supply

4.5 Canada Cobalt Market Mined Supply: An Analysis
4.5.1 Canada Cobalt Market by Mined Supply: An Overview
4.5.2 Canada Cobalt Market by Mined Supply

4.6 Cuba Cobalt Market Mined Supply: An Analysis
4.6.1 Cuba Cobalt Market by Mined Supply: An Overview
4.6.2 Cuba Cobalt Market by Mined Supply

4.7 Madagascar Cobalt Market Mined Supply: An Analysis
4.7.1 Madagascar Cobalt Market by Mined Supply: An Overview
4.7.2 Madagascar Cobalt Market by Mined Supply

4.8 Rest of World Cobalt Market Mined Supply: An Analysis
4.8.1 Rest of World Cobalt Market by Mined Supply: An Overview
4.8.2 Rest of World Cobalt Market by Mined Supply


5. Impact of COVID-19

5.1 Impact of COVID-19 on Global Cobalt Market
5.2 Post COVID-19 Impact on Global Cobalt Market


6. Market Dynamics

6.1 Growth Drivers
6.1.1 Escalating Demand for EV Batteries
6.1.2 Increasing Adoption of Renewable Energy Sources
6.1.3 Increasing Demand for Consumer Electronics
6.1.4 Rapid Urbanization
6.1.5 Increasing Nickel and Copper Production
6.1.6 Wide Range of Industrial Applications
6.1.7 Escalating Use in Chemical Industry

6.2 Challenges
6.2.1 Fluctuating Prices
6.2.2 Resource Scarcity
6.2.3 Environmental and Ethical Challenges

6.3 Market Trends
6.3.1 Integration of IoT in Cobalt Market
6.3.2 Increasing Exploration and Development of Cobalt Deposits
6.3.3 Technological Advancements
6.3.4 Sustainable Mining Practices
6.3.5 Increasing Recyclability and the Circular Economy
6.3.6 Favorable Government Initiatives
6.3.7 Increasing Green Financing
6.3.8 Increasing Establishment of Battery Gigafactory


7. Competitive Landscape

7.1 Global Cobalt Market Players by Cobalt Production
7.2 Global Cobalt Market Players: Resources Comparison
7.3 Global Cobalt Market Players: Ore Reserves Comparison
7.4 Global Cobalt Market Players: Operating Mines Comparison
7.5 Global Cobalt Market Players: Developing Mines Comparison


8. Company Profiles

8.1 Glencore Plc
8.1.1 Business Overview
8.1.2 Operating Segments
8.1.3 Business Strategy

8.2 Umicore
8.2.1 Business Overview
8.2.2 Operating Segments
8.2.3 Business Strategy

8.3 Vale S.A.
8.3.1 Business Overview
8.3.2 Revenue by Business Area
8.3.3 Business Strategy

8.4 Jinchuan Group International Resources Co. Ltd.
8.4.1 Business Overview
8.4.2 Operating Segments
8.4.3 Business Strategy

8.5 Zhejiang Huayou Cobalt Co., Ltd.
8.5.1 Business Overview
8.5.2 Revenue by Goods or Services
8.5.3 Business Strategy

8.6 Sherritt International Corporation
8.6.1 Business Overview
8.6.2 Operating Segments
8.6.3 Business Strategy

8.7 BHP Group Limited
8.7.1 Business Overview
8.7.2 Operating Segments
8.7.3 Business Strategy

8.8 Norilsk Nickel
8.8.1 Business Overview
8.8.2 Operating Segments
8.8.3 Business Strategy

8.9 Eramet Group
8.9.1 Business Overview
8.9.2 Turnover by Activities
8.9.3 Business Strategy

8.10 CMOC Group Limited
8.10.1 Business Overview
8.10.2 Operating Revenue by Category
8.10.3 Business Strategy

8.11 Sumitomo Corporation
8.11.1 Business Overview
8.11.2 Operating Segments
8.11.3 Business Strategy

8.12 Jervois Global Limited
8.12.1 Business Overview
8.12.2 Operating Segments
8.12.3 Business Strategy

List of Figures

Figure 1: Cobalt Segmentation
Figure 2: Global Cobalt Market by Value; 2018-2022 (US$ Billion)
Figure 3: Global Cobalt Market by Value; 2023-2028 (US$ Billion)
Figure 4: Global Cobalt Market by Form; 2022 (Percentage, %)
Figure 5: Global Chemical Cobalt Market by Value; 2018-2022 (US$ Billion)
Figure 6: Global Chemical Cobalt Market by Value; 2023-2028 (US$ Billion)
Figure 7: Global Metal Cobalt Market by Value; 2018-2022 (US$ Billion)
Figure 8: Global Metal Cobalt Market by Value; 2023-2028 (US$ Billion)
Figure 9: Global Cobalt Market by Mined Supply; 2018-2022 (Kilotonnes)
Figure 10: Global Cobalt Market by Mined Supply; 2023-2028 (Kilotonnes)
Figure 11: Global Cobalt Market Mined Supply by Source; 2022 (Percentage, %)
Figure 12: Global Cobalt Market Mined Supply by Region; 2022 (Percentage, %)
Figure 13: Global Cobalt Market by Refined Supply; 2018-2022 (Kilotonnes)
Figure 14: Global Cobalt Market by Refined Supply; 2023-2028 (Kilotonnes)
Figure 15: Global Cobalt Market Refined Supply by Type; 2022 (Percentage, %)
Figure 16: Global Cobalt Market Refined Supply by Form; 2022 (Percentage, %)
Figure 17: Global Cobalt Market Refined Supply by Region; 2022 (Percentage, %)
Figure 18: Global Cobalt Market by Primary Refined Supply; 2018-2022 (Kilotonnes)
Figure 19: Global Cobalt Market by Primary Refined Supply; 2023-2028 (Kilotonnes)
Figure 20: Global Cobalt Market by Secondary Refined Supply; 2018-2022 (Kilotonnes)
Figure 21: Global Cobalt Market by Secondary Refined Supply; 2023-2028 (Kilotonnes)
Figure 22: Global Cobalt Market by Demand; 2018-2022 (Kilotonnes)
Figure 23: Global Cobalt Market by Demand; 2023-2028 (Kilotonnes)
Figure 24: Global Cobalt Market Demand by Application; 2022 (Percentage, %)
Figure 25: Global Cobalt Market Demand by Region; 2022 (Percentage, %)
Figure 26: Global Batteries Cobalt Market by Demand; 2018-2022 (Kilotonnes)
Figure 27: Global Batteries Cobalt Market by Demand; 2023-2028 (Kilotonnes)
Figure 28: Global Batteries Cobalt Market Demand by Type; 2022 (Percentage, %)
Figure 29: Global Batteries Cobalt Market Type by Demand; 2018-2022 (Kilotonnes)
Figure 30: Global Batteries Cobalt Market Type by Demand; 2023-2028 (Kilotonnes)
Figure 31: Global Non-Batteries Cobalt Market by Demand; 2018-2022 (Kilotonnes)
Figure 32: Global Non-Batteries Cobalt Market by Demand; 2023-2028 (Kilotonnes)
Figure 33: Global Cobalt Market by Reserves; 2018- 2022 (Million Tonnes)
Figure 34: Global Cobalt Market Reserves by Region; 2022 (Million Tonnes)
Figure 35: Congo (DRC) Cobalt Market by Mined Supply; 2018-2022 (Kilotonnes)
Figure 36: Congo (DRC) Cobalt Market by Mined Supply; 2023-2028 (Kilotonnes)
Figure 37: Indonesia Cobalt Market by Mined Supply; 2020-2022 (Kilotonnes)
Figure 38: Indonesia Cobalt Market by Mined Supply; 2023-2028 (Kilotonnes)
Figure 39: Russia Cobalt Market by Mined Supply; 2018-2022 (Kilotonnes)
Figure 40: Russia Cobalt Market by Mined Supply; 2023-2028 (Kilotonnes)
Figure 41: Australia Cobalt Market by Mined Supply; 2018-2022 (Kilotonnes)
Figure 42: Australia Cobalt Market by Mined Supply; 2023-2028 (Kilotonnes)
Figure 43: Canada Cobalt Market by Mined Supply; 2018-2022 (Kilotonnes)
Figure 44: Canada Cobalt Market by Mined Supply; 2023-2028 (Kilotonnes)
Figure 45: Cuba Cobalt Market by Mined Supply; 2018-2022 (Kilotonnes)
Figure 46: Cuba Cobalt Market by Mined Supply; 2023-2028 (Kilotonnes)
Figure 47: Madagascar Cobalt Market by Mined Supply; 2020-2022 (Kilotonnes)
Figure 48: Madagascar Cobalt Market by Mined Supply; 2023-2028 (Kilotonnes)
Figure 49: Rest of World Cobalt Market by Mined Supply; 2018-2022 (Kilotonnes)
Figure 50: Rest of World Cobalt Market by Mined Supply; 2023-2028 (Kilotonnes)
Figure 51: Global Demand for EV Batteries; 2018-2025 (GWH)
Figure 52: Global Net Renewable Capacity Additions; 2018-2022 (GW)
Figure 53: Global Consumer Electronics Market Revenue; 2018-2023 (US$ Billion)
Figure 54: Share of Urban Population in Total Population by Group of Economies; 2016, 2021 & 2050 (Percentage, %)
Figure 55: Global Nickel and Copper Mine Production; 2018-2022 (Million Tons)
Figure 56: Global Cobalt Prices; 2017-2022 (US$/Tonne)
Figure 57: Global Number of Active IoT Connections; 2020-2027 (Billion)
Figure 58: Global Cobalt Market Players by Cobalt Production; 2021-2022 (Kilo tonnes)
Figure 59: Glencore Plc Revenue by Segment; 2022 (Percentage, %)
Figure 60: Umicore Turnover by Segment; 2022 (Percentage, %)
Figure 61: Vale S.A. Revenue by Business Area; 2022 (Percentage, %)
Figure 62: Jinchuan Group International Resources Co. Ltd. Revenue by Segment; 2022 (Percentage, %)
Figure 63: Zhejiang Huayou Cobalt Co., Ltd. Revenue by Goods or Services; 2022 (Percentage, %)
Figure 64: Sherritt International Corporation Revenue by Segment; 2022 (Percentage, %)
Figure 65: BHP Group Limited Revenue by Segment; 2022 (Percentage, %)
Figure 66: Norilsk Nickel Revenue by Segment; 2022 (Percentage, %)
Figure 67: Eramet Group Turnover by Activities; 2022 (Percentage, %)
Figure 68: CMOC Group Limited Operating Revenue by Category; 2022 (Percentage, %)
Figure 69: Sumitomo Corporation Revenues by Segment; 2023 (Percentage, %)
Figure 70: Jervois Global Limited Revenue by Segment; 2022 (Percentage, %)
Table 1: Global Cobalt Market Players: Resources Comparison (2022)
Table 2: Global Cobalt Market Players: Ore Reserves Comparison (2022)
Table 3: Global Cobalt Market Players: Operating Mines Comparison
Table 4: Global Cobalt Market Players: Developing Mines Comparison