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Global Cobalt Precursor Market Growth 2025-2031

Published Aug 12, 2025
Length 93 Pages
SKU # LPI20296104

Description

The global Cobalt Precursor market size is predicted to grow from US$ 94 million in 2025 to US$ 142 million in 2031; it is expected to grow at a CAGR of 7.1% from 2025 to 2031.

The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.

A cobalt precursor is a chemical compound used in the process of depositing cobalt-containing thin films or layers in various applications, particularly in the semiconductor and electronics industries. Cobalt precursors are essential for the fabrication of advanced materials such as thin films, coatings, and nanostructures with specific properties and functionalities. These precursors serve as a source of cobalt atoms during deposition processes such as chemical vapor deposition (CVD) and atomic layer deposition (ALD).

United States market for Cobalt Precursor is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Cobalt Precursor is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Cobalt Precursor is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Cobalt Precursor players cover Merck, UP Chemical (Yak Technology), Air Liquide Group, DNF Solutions, Nanmat, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LP Information, Inc. (LPI) ' newest research report, the “Cobalt Precursor Industry Forecast” looks at past sales and reviews total world Cobalt Precursor sales in 2024, providing a comprehensive analysis by region and market sector of projected Cobalt Precursor sales for 2025 through 2031. With Cobalt Precursor sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Cobalt Precursor industry.

This Insight Report provides a comprehensive analysis of the global Cobalt Precursor landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Cobalt Precursor portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Cobalt Precursor market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Cobalt Precursor and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Cobalt Precursor.

This report presents a comprehensive overview, market shares, and growth opportunities of Cobalt Precursor market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Organic Metal Compounds
Halide

Segmentation by Application:
Semiconductor Industry
Battery Industry
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Merck
UP Chemical (Yak Technology)
Air Liquide Group
DNF Solutions
Nanmat
Strem Chemicals
Adchem-tech
Gelest
Wonik Materials

Key Questions Addressed in this Report

What is the 10-year outlook for the global Cobalt Precursor market?

What factors are driving Cobalt Precursor market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Cobalt Precursor market opportunities vary by end market size?

How does Cobalt Precursor break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.

Table of Contents

93 Pages
*This is a tentative TOC and the final deliverable is subject to change.*
1 Scope of the Report
2 Executive Summary
3 Global by Company
4 World Historic Review for Cobalt Precursor by Geographic Region
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Manufacturing Cost Structure Analysis
11 Marketing, Distributors and Customer
12 World Forecast Review for Cobalt Precursor by Geographic Region
13 Key Players Analysis
14 Research Findings and Conclusion
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