Global Cobalt Powder Market Research Report, Competitive, Technology and Forecast Analysis 2025-2032

Market Overview

According to DIResearch"s in-depth investigation and research, the global Cobalt Powder market size will reach 1,100.17 Million USD in 2025 and is projected to reach 1,688.41 Million USD by 2032, with a CAGR of 6.31% (2025-2032). Notably, the China Cobalt Powder market has changed rapidly in the past few years. By 2025, China"s market size is expected to be Million USD, representing approximately % of the global market share.

Research Summary

Cobalt powder is a fine, metallic powder consisting of small particles of cobalt. It is produced through various methods, such as atomization, reduction, or electrolytic processes. Cobalt powder has a silvery-gray appearance and possesses unique properties, including high magnetic permeability, excellent corrosion resistance, and good thermal conductivity. These characteristics make it valuable for various industrial applications. Cobalt powder is commonly used as a raw material in the production of magnets, magnetic alloys, and other magnetic components. It is also utilized in the manufacturing of rechargeable batteries, such as lithium-ion batteries, due to its ability to improve battery performance and stability. Additionally, cobalt powder finds applications in the aerospace, automotive, and electronics industries, where it is used in the production of high-strength alloys, cutting tools, and metal coatings. As a crucial component in advanced materials and technologies, cobalt powder plays a vital role in driving innovation and enhancing the performance of numerous industrial products.

The major global  manufacturers of Cobalt Powder include Umicore, Freeport Cobalt, Hanrui Cobalt, Green Eco-Manufacturer, Bailuoda (Umicore), etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.

This report studies the market size, price trends and future development prospects of Cobalt Powder. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Cobalt Powder market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.

The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Cobalt Powder market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Cobalt Powder industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.    

The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.

Global Key Manufacturers of Cobalt Powder Include:

Umicore

Freeport Cobalt

Hanrui Cobalt

Green Eco-Manufacturer

Bailuoda (Umicore)

Cobalt Powder Product Segment Include:

Purity: 0.998

Purity: 0.993

Others

Cobalt Powder Product Application Include:

Carbide

Superalloy

Battery

Magnetic Material

Others

Chapter Scope

Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend

Chapter 2: Global Cobalt Powder Capacity and Production Analysis

Chapter 3: Global Cobalt Powder Industry PESTEL Analysis

Chapter 4: Global Cobalt Powder Industry Porter's Five Forces Analysis

Chapter 5: Global Cobalt Powder Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis

Chapter 6: Global Cobalt Powder Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)

Chapter 7: Global Cobalt Powder Sales, Revenue, Price and Forecast by Product Type

Chapter 8: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)

Chapter 9: Industrial Chain Analysis, Cobalt Powder Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis

Chapter 10: Research Findings and Conclusion

Chapter 11: Methodology and Data Sources