The market is segmented based on Segmentation, By Form (Chemical Compound, Metal, Purchased Scrap), Application (Battery Chemicals, Super Alloy, Ceramic and Pigments, Hard Metals, Magnets, Life Science, Binder Material), End User (Electronics, Automotive, Aerospace, Medical) – Industry Trends and Forecast to 2032.
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The Global Cobalt Market size was valued at USD 12.42 USD Billion in 2024.
The Global Cobalt Market is projected to grow at a CAGR of 12.9% during the forecast period of 2025 to 2032.
The major players operating in the market include Dupont , Dow , Umicore , Glencore , Jinchuan Group International Resources Co. Ltd , Huayou Cobalt Co.Ltd , Freeport Cobalt , Sherritt International Corporation , SOLVAY , DAIKIN , BHP , Eramet , Vale , Votorantim Metais SA , and Sumitomo Corporation .
The market report covers data from the U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa.
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