Cobalt Hydroxide is a highly water insoluble crystalline Cobalt source for uses compatible with higher (basic) pH environments. Cobalt(II) hydroxide is most used as a drying agent for paints, varnishes, and inks, in the preparation of other cobalt compounds, as a catalyst and in the manufacture of battery electrodes. The report covers refined cobalt hydroxide with a refined cobalt content of over 61%.

Refined cobalt hydroxide is widely used in cobalt compounds, paint drying agent, ink drying agent and electrode materials. According to the this survey, the cobalt compound preparation application has a market share of 34.06%, while the drying agent has the second largest application share.

Vendors should recognize the importance of emerging markets and potential applications, particularly in Asia Pacific, and are working towards penetrating this market by strengthening their sales and distribution networks. In the future, We predict that more and more companies will join the industry due to its potential market size. But it is suggested that enterprises those have plans to enter this industry have careful analysis of this market and the advantages or disadvantages of themselves.

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According to this study, over the next five years the Cobalt Hydroxide market will register a 0.4% CAGR in terms of revenue, the global market size will reach US$ 640.5 million by 2024, from US$ 627.1 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Cobalt Hydroxide business, shared in Chapter 3.

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

This study considers the Cobalt Hydroxide value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.

  • Industrial Grade
  • Battery Grade

Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.

  • Cobalt Compound Preparation
  • Drying Agent In Paints/Inks
  • Battery Electrode Manufacturing
  • Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.

  • Americas
  • United States
  • Canada
  • Mexico
  • Brazil
  • APAC
  • China
  • Japan
  • Korea
  • Southeast Asia
  • India
  • Australia
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Russia
  • Spain
  • Middle East & Africa
  • Egypt
  • South Africa
  • Israel
  • Turkey
  • GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.

  • Freeport Cobalt
  • The Shepherd Chemical Company
  • Umicore
  • Huayou Cobalt
  • Great Power
  • Hanrui Cobalt
  • Xinwei Nickel & Cobalt
  • ALT Cobalt & Nickel Products

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives

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Table of content


2019-2024 Global Cobalt Hydroxide Consumption Market Report

1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered

2 Executive Summary
2.1 World Market Overview
2.1.1 Global Cobalt Hydroxide Consumption 2014-2024
2.1.2 Cobalt Hydroxide Consumption CAGR by Region
2.2 Cobalt Hydroxide Segment by Type
2.2.1 Industrial Grade
2.2.2 Battery Grade
2.3 Cobalt Hydroxide Consumption by Type
2.3.1 Global Cobalt Hydroxide Consumption Market Share by Type (2014-2019)
2.3.2 Global Cobalt Hydroxide Revenue and Market Share by Type (2014-2019)
2.3.3 Global Cobalt Hydroxide Sale Price by Type (2014-2019)
2.4 Cobalt Hydroxide Segment by Application
2.4.1 Cobalt Compound Preparation
2.4.2 Drying Agent In Paints/Inks
2.4.3 Battery Electrode Manufacturing
2.4.4 Others
2.5 Cobalt Hydroxide Consumption by Application
2.5.1 Global Cobalt Hydroxide Consumption Market Share by Application (2014-2019)
2.5.2 Global Cobalt Hydroxide Value and Market Share by Application (2014-2019)
2.5.3 Global Cobalt Hydroxide Sale Price by Application (2014-2019)

3 Global Cobalt Hydroxide by Manufacturers
3.1 Global Cobalt Hydroxide Sales Market Share by Manufacturers
3.1.1 Global Cob

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