Global Cobalt-60 Supply, Demand and Key Producers, 2026-2032
Description
The global Cobalt-60 market size is expected to reach $ 502 million by 2032, rising at a market growth of 5.4% CAGR during the forecast period (2026-2032).
Cobalt-60 is a radioactive isotope of cobalt, with a half-life of about 5.27 years. It's produced artificially by bombarding natural cobalt-59 with neutrons in a nuclear reactor. Cobalt-60 is widely used in various applications, including medical, industrial, and scientific fields. In medicine, it's utilized in radiotherapy to treat cancer, as it emits high-energy gamma rays that can destroy cancer cells. In industry, it's employed for sterilization of medical equipment and food irradiation to extend shelf life and kill bacteria. However, its radioactive nature requires careful handling and disposal to prevent harm to human health and the environment.
Global key players of Cobalt-60 include Nordion, China National Nuclear Corporation, Rosatom, Eckert & Ziegler Strahlen, Polatom, etc. The top five players hold a share about 85%. North America is the world's largest market for Cobalt-60 and holds a share about 45%, followed by Europe and China, with share about 26% and 16%, separately. In terms of product type, Low Specific Activity is the largest segment, accounting for a share about 69%. In terms of application, Industrial is the largest field with a share about 65 percent.
This report studies the global Cobalt-60 production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Cobalt-60 and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Cobalt-60 that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Cobalt-60 total production and demand, 2021-2032, (M Curie)
Global Cobalt-60 total production value, 2021-2032, (USD Million)
Global Cobalt-60 production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (M Curie), (based on production site)
Global Cobalt-60 consumption by region & country, CAGR, 2021-2032 & (M Curie)
U.S. VS China: Cobalt-60 domestic production, consumption, key domestic manufacturers and share
Global Cobalt-60 production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (M Curie)
Global Cobalt-60 production by Type, production, value, CAGR, 2021-2032, (USD Million) & (M Curie)
Global Cobalt-60 production by Application, production, value, CAGR, 2021-2032, (USD Million) & (M Curie)
This report profiles key players in the global Cobalt-60 market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Nordion, China National Nuclear Corporation, Rosatom, Eckert & Ziegler Strahlen, Polatom, NTP, DIOXITEK, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Cobalt-60 market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (M Curie) and average price (US$/Curie) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Cobalt-60 Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Cobalt-60 Market, Segmentation by Type:
Low Specific Activity
High Specific Activity
Global Cobalt-60 Market, Segmentation by Application:
Medical Application
Industrial Application
Others
Companies Profiled:
Nordion
China National Nuclear Corporation
Rosatom
Eckert & Ziegler Strahlen
Polatom
NTP
DIOXITEK
Key Questions Answered:
1. How big is the global Cobalt-60 market?
2. What is the demand of the global Cobalt-60 market?
3. What is the year over year growth of the global Cobalt-60 market?
4. What is the production and production value of the global Cobalt-60 market?
5. Who are the key producers in the global Cobalt-60 market?
6. What are the growth factors driving the market demand?
Cobalt-60 is a radioactive isotope of cobalt, with a half-life of about 5.27 years. It's produced artificially by bombarding natural cobalt-59 with neutrons in a nuclear reactor. Cobalt-60 is widely used in various applications, including medical, industrial, and scientific fields. In medicine, it's utilized in radiotherapy to treat cancer, as it emits high-energy gamma rays that can destroy cancer cells. In industry, it's employed for sterilization of medical equipment and food irradiation to extend shelf life and kill bacteria. However, its radioactive nature requires careful handling and disposal to prevent harm to human health and the environment.
Global key players of Cobalt-60 include Nordion, China National Nuclear Corporation, Rosatom, Eckert & Ziegler Strahlen, Polatom, etc. The top five players hold a share about 85%. North America is the world's largest market for Cobalt-60 and holds a share about 45%, followed by Europe and China, with share about 26% and 16%, separately. In terms of product type, Low Specific Activity is the largest segment, accounting for a share about 69%. In terms of application, Industrial is the largest field with a share about 65 percent.
This report studies the global Cobalt-60 production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Cobalt-60 and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Cobalt-60 that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Cobalt-60 total production and demand, 2021-2032, (M Curie)
Global Cobalt-60 total production value, 2021-2032, (USD Million)
Global Cobalt-60 production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (M Curie), (based on production site)
Global Cobalt-60 consumption by region & country, CAGR, 2021-2032 & (M Curie)
U.S. VS China: Cobalt-60 domestic production, consumption, key domestic manufacturers and share
Global Cobalt-60 production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (M Curie)
Global Cobalt-60 production by Type, production, value, CAGR, 2021-2032, (USD Million) & (M Curie)
Global Cobalt-60 production by Application, production, value, CAGR, 2021-2032, (USD Million) & (M Curie)
This report profiles key players in the global Cobalt-60 market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Nordion, China National Nuclear Corporation, Rosatom, Eckert & Ziegler Strahlen, Polatom, NTP, DIOXITEK, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Cobalt-60 market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (M Curie) and average price (US$/Curie) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Cobalt-60 Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Cobalt-60 Market, Segmentation by Type:
Low Specific Activity
High Specific Activity
Global Cobalt-60 Market, Segmentation by Application:
Medical Application
Industrial Application
Others
Companies Profiled:
Nordion
China National Nuclear Corporation
Rosatom
Eckert & Ziegler Strahlen
Polatom
NTP
DIOXITEK
Key Questions Answered:
1. How big is the global Cobalt-60 market?
2. What is the demand of the global Cobalt-60 market?
3. What is the year over year growth of the global Cobalt-60 market?
4. What is the production and production value of the global Cobalt-60 market?
5. Who are the key producers in the global Cobalt-60 market?
6. What are the growth factors driving the market demand?
Table of Contents
104 Pages
- 1 Supply Summary
- 2 Demand Summary
- 3 World Manufacturers Competitive Analysis
- 4 United States VS China VS Rest of the World
- 5 Market Analysis by Type
- 6 Market Analysis by Application
- 7 Company Profiles
- 8 Industry Chain Analysis
- 9 Research Findings and Conclusion
- 10 Appendix
Pricing
Currency Rates
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