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Global Cobalt Market: Size, Trends & Forecasts (2017-2021)

Global Cobalt Market: Size, Trends & Forecasts (2017-2021)

Scope of the Report

The report entitled “Global Cobalt Market: Size, Trends & Forecasts (2017-2021)”, provides analysis of the global cobalt market, with detailed analysis of market size in terms of production, demand and segments.

The report also includes a detailed regional analysis of the Cobalt market in regions such as Democratic Republic of Congo, Australia and Canada, comprising of its Cobalt market by production. Under competitive landscape different players in the global Cobalt market have been compared on basis of their market share.

Moreover, the report assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall Cobalt market has also been forecasted for the years 2017-2021, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

Glencore Plc, Sherritt International, Vale S.A. and Gecamines S.A. are some of the key players operating in the global Cobalt market whose company profiling is done in the report. In this segment of the report, business overview, financial overview and the business strategies of the companies are provided.

Company Coverage

Glencore Plc
Sherritt International
Vale S.A.
Gecamines S.A.

Executive Summary

Cobalt is a hard metallic element found in the Earth's crust only in chemically combined form. Bulk of the cobalt around the world is found as a by product of nickel and cobalt extraction processes consisting of mining and processing ore into concentrate or a semi refined product. It possesses some crucial features such as remarkable energy density, high melting point, etc. Properties like these make Cobalt an ideal element for use in various industrial applications such as aerospace, automotive, electronics and even in the medical domain.

The Cobalt market can be divided on the basis of its use in various end markets such as battery chemicals, super alloys, hard metals, ceramics, catalyst, wear products and rubber additives. The global Cobalt market is expected to increase at high growth rates during the forecast period (2017-2021). The global Cobalt market is supported by various factors such as rise in Lithium ion battery production, superior energy density and spike in production of electric vehicles.

However, evolving battery chemicals and substitution materials are some of the challenges faced by the market. Emerging methods of Cobalt recovery, upsurge in Cobalt development projects, rise in Cobalt prices and increasing use of Cobalt in consumer electronics are some of the latest trends existing in the market.


1. Executive Summary
2. Introduction
2.1 Cobalt: An Overview
2.2 History of Cobalt
2.3 Cobalt Recovery Processing Routes
Table 1: Different Cobalt Extraction Methods from Ores
2.4 Global Cobalt Market Overview
Table 2: Cobalt Market Overview
2.5 Global Cobalt Market Segments
Table 3: Cobalt Product by End Market
3. Global Market Analysis
3.1 Global Cobalt Market: Production Analysis
3.1.1 Global Cobalt Market Production by Source
Table 4: Global Cobalt Market Production by Source; 2016
3.1.2 Global Cobalt Market by Production Volume
Table 5: Global Cobalt Market by Production Volume; 2016-2021 (Kilo Tonnes)
3.1.3 Global Cobalt Market Production by Country
Table 6: Global Cobalt Market Production by Country; 2016
3.1.4 Global Cobalt Reserves by Country
Table 7: Global Cobalt Reserves by Country; 2016
3.1.5 Global Refined Cobalt Market by Country
Table 8: Global Refined Cobalt Market by Country; 2015
3.1.6 Global Mined Cobalt Market by Primary Metal
Table 9: Global Mined Cobalt Market by Primary Metal; 2015
3.2 Global Cobalt Market: Demand Analysis
3.2.1 Global Cobalt Market Demand by Volume
Table 10: Global Cobalt Market Demand by Volume; 2009-2016 (Kilo Tonnes)
Table 11: Global Cobalt Market Demand by Volume; 2017-2021 (Kilo Tonnes)
3.2.2 Global Cobalt Market Demand by End Use
Table 12: Global Cobalt Market Demand by End Use; 2016
3.2.3 Global Battery Chemicals Segment of Cobalt Market Demand by Volume
Table 13: Global Battery Chemicals Segment of Cobalt Market Demand by Volume; 2009-2016 (Kilo Tonnes)
Table 14: Global Battery Chemicals Segment of Cobalt Market Demand by Volume; 2017-2021(Kilo Tonnes)
3.2.4 Global Super Alloys Segment of Cobalt Market Demand by Volume
Table 15: Global Super Alloys Segment of Cobalt Market Demand by Volume; 2009-2016 (Kilo Tonnes)
Table 16: Global Super Alloys Segment of Cobalt Market Demand by Volume; 2017-2021 (Kilo Tonnes)
3.2.5 Global Hard Metals Segment of Cobalt Market Demand by Volume
Table 17: Global Hard Metals Segment of Cobalt Market Demand by Volume; 2009-2016
(Kilo Tonnes)
Table 18: Global Hard Metals Segment of Cobalt Market Demand by Volume; 2017-2021
(Kilo Tonnes)
3.2.6 Global Cobalt Market Demand by Product Type
Table 19: Global Cobalt Market Demand by Product Type; 2016
3.2.7 Global Specialty Chemicals Segment of Cobalt Market Demand by Volume
Table 20: Global Specialty Chemicals Segment of Cobalt Market Demand by Volume; 2017-2021 (Kilo Tonnes)
3.2.8 Global Coarse Powder Segment of Cobalt Market Demand by Volume
Table 21: Global Coarse Powder Segment of Cobalt Market Demand by Volume; 2017-2021 (Kilo Tonnes)
3.2.9 Global Cathode Fragments Segment of Cobalt Market Demand by Volume
Table 22: Global Cathode Fragments Segment of Cobalt Market Demand by Volume; 2017-2021 (Kilo Tonnes)
3.2.10 Global Briquettes Cobalt Segment of Cobalt Market Demand by Volume
Table 23: Global Briquettes Cobalt Segment of Cobalt Market Demand by Volume; 2017-2021 (Kilo Tonnes)
4. Regional Analysis
4.1 DRC Cobalt Market: Production Analysis
4.1.1 DRC Cobalt Market by Production
Table 24: DRC Cobalt Market by Production; 2016-2021 (Kilo Tonnes)
4.2 Australia Cobalt Market: Production Analysis
4.2.1 Australia Cobalt Market by Production
Table 25: Australia Cobalt Market by Production; 2016-2021 (Kilo Tonnes)
4.3 Canada Cobalt Market: Production Analysis
4.3.1 Canada Cobalt Market by Production
Table 26: Canada Cobalt Market by Production; 2016-2021 (Kilo Tonnes)
5. Market Dynamics
5.1 Growth Drivers
5.1.1 Increase in Lithium Ion Battery Production
Table 27: Global Installed Lithium Ion Battery Energy Capacity; 2016-2021 (GWh)
5.1.2 Superior Energy Density
Table 28: Specific Energy Density of Non Cobalt and Cobalt Based Cathodes
5.1.3 Spike in Electric Vehicle Production
Table 29: Global Electric Vehicle Production; 2016-2021 (Million Units)
5.2 Challenges
5.2.1 Evolving Battery Chemistries
Table 30: Metal Oxide Composition within Nickel-Cobalt Battery Cathodes (% of Cathode Weight per kWh)
5.2.2 Substitution Materials
5.3 Market Trends
5.3.1 Emerging Methods of Cobalt Recovery
5.3.2 Growing Use of Cobalt Based Cathodes in Consumer Electronics
Table 31: Li- B Types according to Cathode Chemistry
5.3.3 Upsurge in Cobalt Development Projects
Table 31: Cobalt Development Projects
5.3.4 Upsurge in Cobalt Prices
Table 33: Cobalt Market Price Forecast (2017-2021); US$/lb
6. Competitive Landscape
6.1 Global Cobalt Market by Players
6.1.1 Global Mined Cobalt Market Players by Share
Table 34: Global (Mined) Cobalt Market Players by Share; 2016
7. Company Profiling
7.1 Glencore Plc
7.1.1 Business Overview
7.1.2 Financial Overview
Table 35: Glencore Revenues; 2012-2016 (US$ Billion)
Table 36: Glencore Revenues by Segments; 2016
7.1.3 Business Strategy
7.2 Sherritt International
7.2.1 Business Overview
7.2.2 Financial Overview
Table 37: Sherritt Revenues; 2012-2016 (US$ Million)
Table 38: Sherritt Revenues by Segments; 2016
7.2.3 Business Strategy
7.3 Vale S.A.
7.3.1 Business Overview
7.3.2 Financial Overview
Table 39: Vale Revenues; 2012-2016 (US$ Billion)
Table 40: Vale Revenues by Segments; 2016
Table 41: Vale Revenues by Region; 2016
7.3.3 Business Strategy
7.4 Gecamines S.A.
7.4.1 Business Overview
7.4.2 Business Strategy

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