Infinity Market Research
Infinity Market Research

Global Cobalt Sulphate Market Growth 2025-2031


Oct 2025

Chemicals and Materials

Pages: 107

LPI25254

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The global Cobalt Sulphate market size is predicted to grow from US$ 808 million in 2025 to US$ 995 million in 2031; it is expected to grow at a CAGR of 3.5% 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.


Cobalt sulfate is an inorganic, divalent cobalt salt of sulfuric acid, represented by the chemical formula, CoSO4. It is an odorless reddish metallic salt, which is readily soluble in water and methanol. Cobalt oxide or other cobalt derivatives are dissolved in dilute sulfuric acid, which crystallizes to form cobalt sulfate. In addition, large amount of cobalt sulfate is produced as a by-product during the manufacturing of various metals, such as nickel and copper.


The global cobalt sulphate market is segmented based on application and region. Based on application, it is bifurcated into super alloy, hard facing/HSS & other alloy, magnet, hard material, catalyst, color, and battery, and others. Super alloys are high-performance alloys, used in situations that require exceptional properties, such as high mechanical strength, resistance to high temperatures, corrosion, and other stress situations. Besides the batteries segment, a major share of the cobalt sulphate industry has accounted by the super alloys segment due to their applications in aircraft manufacturing.


Infinity Market Research newest research report, the Cobalt Sulphate Industry Forecast looks at past sales and reviews total world Cobalt Sulphate sales in 2024, providing a comprehensive analysis by region and market sector of projected Cobalt Sulphate sales for 2025 through 2031. With Cobalt Sulphate sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Cobalt Sulphate industry.


This Insight Report provides a comprehensive analysis of the global Cobalt Sulphate 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 Sulphate portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms unique position in an accelerating global Cobalt Sulphate market.


This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Cobalt Sulphate 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 Sulphate.


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


Segmentation by Type:


    Battery
    Pigment


Segmentation by Application:


    Super Alloy
    Hard Facing/ HSS & Other Alloy
    Magnet
    Hard Material
    Catalyst
    Color
    Battery
    Others


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 companys coverage, product portfolio, its market penetration.


    Freeport Cobalt Oy
    Ganzhou Tengyuan Cobalt Industrial Co., Ltd
    Jiayuan Cobalt Holdings
    Jilin Jien Nickel Industry Co., Ltd.
    Jinchuan Group Co., Ltd.
    Nickel & Cobalt Hightech Development
    Nicomet Industries Limited
    MMC Norilsk Nickel
    Umicore
    Zhangjiagang Huayi Chemical Co. Ltd.
    Dalian Ruiyuan
    Hebei Kingway
    Nantong Xinwei


Key Questions Addressed in this Report


What is the 10-year outlook for the global Cobalt Sulphate market?
What factors are driving Cobalt Sulphate market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Cobalt Sulphate market opportunities vary by end market size?
How does Cobalt Sulphate break out by Type, by Application?

Cobalt Sulphate Market Scope

Report AttributeDetails
Market Size (Start Year)USD XX Million
Market Size (End Year)USD XX Million
Compound Annual Growth Rate (CAGR)USD XX Million
Forecast PeriodUSD XX Million
Base YearUSD XX Million
Historical DataUSD XX Million
Key PlayersUSD XX Million

📘 Frequently Asked Questions

1. What is the market size of Global Cobalt Sulphate Market?

Answer: The global Cobalt Sulphate market size is predicted to grow from US$ 808 million in 2025 to US$ 995 million in 2031; it is expected to grow at a CAGR of 3.5% from 2025 to 2031.

2. Which regions are analyzed in the Global Cobalt Sulphate Market report?

Answer: The Global Cobalt Sulphate Market report covers major regions such as Europe, Middle East & Africa. Each region is analyzed for trends, opportunities, and market dynamics.

3. What methodology is used for forecasting of Global Cobalt Sulphate Market?

Answer: The Global Cobalt Sulphate Market report uses a mix of primary research, secondary data, and expert analysis to build its forecasts. Models include both qualitative and quantitative approaches.

4. Are emerging markets analyzed separately in the Global Cobalt Sulphate Market?

Answer: Yes, the Global Cobalt Sulphate Market report highlights high-growth emerging regions with dedicated insights. These include untapped opportunities, risks, and potential for expansion.

5. Does the report include competitive benchmarking of Global Cobalt Sulphate Market?

Answer: Yes, Global Cobalt Sulphate Market report compares major players based on revenue, product portfolio, innovation, and regional presence. This helps assess competitive positioning.

6. Can I access country-level data within the Global Cobalt Sulphate Market report?

Answer: Yes, Global Cobalt Sulphate Market report includes detailed data by country, especially for key markets. This allows for localized insights and decision-making.

7. Can I get customized insights or data from the Global Cobalt Sulphate Market report?

Answer: Yes, we offer customization options to align with your specific business needs. You can request tailored sections or regional breakdowns.

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