Cobalt Oxide Global Market Insights 2025, Analysis and Forecast to 2030, by Manufacturers, Regions, Technology, Application

February 2025 | 87 pages | ID: C7CB870CD249EN
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Cobalt Oxide Market Review 2025

The Cobalt Oxide Market is poised to experience considerable growth in the upcoming years, driven by increasing demand from various end-use industries and technological advancements. This market review provides an analytical overview of the Cobalt Oxide Market in 2025, covering market size, share, trends, key players, regional insights, and forecasts from 2025 to 2030.

Market Overview
Cobalt oxide, primarily used in the manufacture of lithium-ion battery precursors, ceramics, and glass industry applications, has become an integral part of modern technology. The rising demand for electric vehicles (EVs) and energy storage systems is significantly driving market growth. The market is characterized by a shift towards higher performance materials and suppliers focusing on sustainable sourcing practices.

Market Size
As of 2025, the Cobalt Oxide Market is projected to reach approximately $5.5 billion with a compound annual growth rate (CAGR) of around 7.5% from 2025 to 2030. This growth can be attributed to an increase in the production of lithium-ion batteries, which have become a staple in consumer electronics and EVs.

Market Share & Trends Analysis

By Product Type: Nanostructured Cobalt Oxide
The market for nanostructured cobalt oxide is expected to witness substantial growth, accounting for about 20%-30% of the total market share. Its applications across several industries due to enhanced properties such as higher electrical conductivity and larger surface area are driving demand.

By Key Players
The competitive landscape of the Cobalt Oxide Market is characterized by several key players, including:

Umicore
Huayou Cobalt
GEM Co., Ltd.
CNGR Advanced Material
Jinchuan Group
Ganzhou Tengyuan Cobalt
CoreMax Corporation

These companies are focusing on innovations, expansion of capacities, and strategic partnerships to maintain their market positions.

By Process
The Cobalt Oxide Market can be segmented into hydrometallurgical and pyrometallurgical processes. Hydrometallurgy is expected to dominate the market, accounting for around 60% of the market share due to its higher efficiency and lower environmental impact.

By Application

Li-ion Battery Precursor: Expected to hold the largest segment, contributing about 40% of the market due to the booming demand for EVs and portable electronics.
Pottery Enamel: This segment will also grow, valued at approximately $1 billion by 2025, driven by the demand for aesthetic finishes.
Glass: A vital market segment, projected to account for 15% due to its usage in special glass applications.
Others: Including catalysts, with an estimated contribution of 10%-15%.


By End-Use
The Cobalt Oxide Market serves various end-use industries, primarily:

Electronics: Rapidly growing, with expectations to represent 35% of total demand, driven by the constant innovation in consumer electronics.
Automotive: Projected to grow at a CAGR of 8% as electric vehicle production rises.
Aerospace & Defense: Although smaller, this segment remains crucial due to stringent quality and performance standards.


By Region
The geographical segmentation of the Cobalt Oxide Market indicates that:

Asia Pacific is anticipated to dominate, accounting for more than 40% of the market share owing to the increasing manufacturing capabilities in countries like China.
North America and Europe will follow, with market shares of about 25% and 20% respectively, driven by the growing investment in green technologies and EV adoption.
Latin America and Middle East & Africa: These regions together are expected to account for the remaining 15%.


Market News on Policy and Companies
Recent policies focusing on sustainable mining practices and increasing demand for cobalt recycling have emerged globally. Governments are encouraging companies to adopt eco-friendly practices in cobalt extraction and trading, supporting the development of a circular economy.
Key players in the cobalt oxide market are actively pursuing strategic acquisitions and joint ventures to enhance their production capabilities. For instance, Umicore has recently announced plans to expand its battery materials segment through a significant investment of $1.5 billion in research and development of cobalt-free battery technologies.

Segment Forecasts, 2025 - 2030
The forecasts for the Cobalt Oxide Market from 2025 to 2030 indicate robust growth across all segments. The Li-ion battery precursor application is set to continue its dominance, with a projected CAGR of 8%. Pottery enamel and glass applications will also experience healthy growth rates, driven by the recovery of the construction sector post-pandemic.
Overall, the Cobalt Oxide Market is expected to maintain an upward trajectory due to sustained demand from emerging technologies and the growing focus on renewable energy sources.

Conclusion
In conclusion, the Cobalt Oxide Market shows promising growth prospects through 2025 and beyond, fueled by advancements in technology, increasing consumer demand, and supportive government policies. Companies that focus on innovation and sustainability are likely to thrive in this evolving market landscape.
CHAPTER 1 EXECUTIVE SUMMARY

CHAPTER 2 ABBREVIATION AND ACRONYMS

CHAPTER 3 PREFACE

3.1 Research Scope
3.2 Research Sources
  3.2.1 Data Sources
  3.2.2 Assumptions
3.3 Research Method

CHAPTER 4 MARKET LANDSCAPE

4.1 Market Overview
4.2 Classification/Types
4.3 Application/End Users

CHAPTER 5 MARKET TREND ANALYSIS

5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Threats

CHAPTER 6 INDUSTRY CHAIN ANALYSIS

6.1 Upstream/Suppliers Analysis
6.2 Cobalt Oxide Analysis
  6.2.1 Technology Analysis
  6.2.2 Cost Analysis
  6.2.3 Market Channel Analysis
6.3 Downstream Buyers/End Users

CHAPTER 7 LATEST MARKET DYNAMICS

7.1 Latest News
7.2 Merger and Acquisition
7.3 Planned/Future Project
7.4 Policy Dynamics

CHAPTER 8 TRADING ANALYSIS

8.1 Export of Cobalt Oxide by Region
8.2 Import of Cobalt Oxide by Region
8.3 Balance of Trade

CHAPTER 9 HISTORICAL AND FORECAST COBALT OXIDE MARKET IN NORTH AMERICA (2020-2030)

9.1 Cobalt Oxide Market Size
9.2 Cobalt Oxide Demand by End Use
9.3 Competition by Players/Suppliers
9.4 Type Segmentation and Price
9.5 Key Countries Analysis
  9.5.1 United States
  9.5.2 Canada
  9.5.3 Mexico

CHAPTER 10 HISTORICAL AND FORECAST COBALT OXIDE MARKET IN SOUTH AMERICA (2020-2030)

10.1 Cobalt Oxide Market Size
10.2 Cobalt Oxide Demand by End Use
10.3 Competition by Players/Suppliers
10.4 Type Segmentation and Price
10.5 Key Countries Analysis
  10.5.1 Brazil
  10.5.2 Argentina
  10.5.3 Chile
  10.5.4 Peru

CHAPTER 11 HISTORICAL AND FORECAST COBALT OXIDE MARKET IN ASIA & PACIFIC (2020-2030)

11.1 Cobalt Oxide Market Size
11.2 Cobalt Oxide Demand by End Use
11.3 Competition by Players/Suppliers
11.4 Type Segmentation and Price
11.5 Key Countries Analysis
  11.5.1 China
  11.5.2 India
  11.5.3 Japan
  11.5.4 South Korea
  11.5.5 Southest Asia
  11.5.6 Australia

CHAPTER 12 HISTORICAL AND FORECAST COBALT OXIDE MARKET IN EUROPE (2020-2030)

12.1 Cobalt Oxide Market Size
12.2 Cobalt Oxide Demand by End Use
12.3 Competition by Players/Suppliers
12.4 Type Segmentation and Price
12.5 Key Countries Analysis
  12.5.1 Germany
  12.5.2 France
  12.5.3 United Kingdom
  12.5.4 Italy
  12.5.5 Spain
  12.5.6 Belgium
  12.5.7 Netherlands
  12.5.8 Austria
  12.5.9 Poland
  12.5.10 Russia

CHAPTER 13 HISTORICAL AND FORECAST COBALT OXIDE MARKET IN MEA (2020-2030)

13.1 Cobalt Oxide Market Size
13.2 Cobalt Oxide Demand by End Use
13.3 Competition by Players/Suppliers
13.4 Type Segmentation and Price
13.5 Key Countries Analysis
  13.5.1 Egypt
  13.5.2 Israel
  13.5.3 South Africa
  13.5.4 Gulf Cooperation Council Countries
  13.5.5 Turkey

CHAPTER 14 SUMMARY FOR GLOBAL COBALT OXIDE MARKET (2020-2025)

14.1 Cobalt Oxide Market Size
14.2 Cobalt Oxide Demand by End Use
14.3 Competition by Players/Suppliers
14.4 Type Segmentation and Price

CHAPTER 15 GLOBAL COBALT OXIDE MARKET FORECAST (2025-2030)

15.1 Cobalt Oxide Market Size Forecast
15.2 Cobalt Oxide Demand Forecast
15.3 Competition by Players/Suppliers
15.4 Type Segmentation and Price Forecast

CHAPTER 16 ANALYSIS OF GLOBAL KEY VENDORS

16.1 Umicore
  16.1.1 Company Profile
  16.1.2 Main Business and Cobalt Oxide Information
  16.1.3 SWOT Analysis of Umicore
  16.1.4 Umicore Cobalt Oxide Sales, Revenue, Price and Gross Margin (2020-2025)
16.2 Huayou Cobalt
  16.2.1 Company Profile
  16.2.2 Main Business and Cobalt Oxide Information
  16.2.3 SWOT Analysis of Huayou Cobalt
  16.2.4 Huayou Cobalt Cobalt Oxide Sales, Revenue, Price and Gross Margin (2020-2025)
16.3 GEM
  16.3.1 Company Profile
  16.3.2 Main Business and Cobalt Oxide Information
  16.3.3 SWOT Analysis of GEM
  16.3.4 GEM Cobalt Oxide Sales, Revenue, Price and Gross Margin (2020-2025)
16.4 CNGR
  16.4.1 Company Profile
  16.4.2 Main Business and Cobalt Oxide Information
  16.4.3 SWOT Analysis of CNGR
  16.4.4 CNGR Cobalt Oxide Sales, Revenue, Price and Gross Margin (2020-2025)
16.5 Jinchuan
  16.5.1 Company Profile
  16.5.2 Main Business and Cobalt Oxide Information
  16.5.3 SWOT Analysis of Jinchuan
  16.5.4 Jinchuan Cobalt Oxide Sales, Revenue, Price and Gross Margin (2020-2025)
16.6 Ganzhou Tengyuan Cobalt
  16.6.1 Company Profile
  16.6.2 Main Business and Cobalt Oxide Information
  16.6.3 SWOT Analysis of Ganzhou Tengyuan Cobalt
  16.6.4 Ganzhou Tengyuan Cobalt Cobalt Oxide Sales, Revenue, Price and Gross Margin (2020-2025)
Please ask for sample pages for full companies list
Tables and Figures
Table Abbreviation and Acronyms List
Table Research Scope of Cobalt Oxide Report
Table Data Sources of Cobalt Oxide Report
Table Major Assumptions of Cobalt Oxide Report
Figure Market Size Estimated Method
Figure Major Forecasting Factors
Figure Cobalt Oxide Picture
Table Cobalt Oxide Classification
Table Cobalt Oxide Applications List
Table Drivers of Cobalt Oxide Market
Table Restraints of Cobalt Oxide Market
Table Opportunities of Cobalt Oxide Market
Table Threats of Cobalt Oxide Market
Table Raw Materials Suppliers List
Table Different Production Methods of Cobalt Oxide
Table Cost Structure Analysis of Cobalt Oxide
Table Key End Users List
Table Latest News of Cobalt Oxide Market
Table Merger and Acquisition List
Table Planned/Future Project of Cobalt Oxide Market
Table Policy of Cobalt Oxide Market
Table 2020-2030 Regional Export of Cobalt Oxide
Table 2020-2030 Regional Import of Cobalt Oxide
Table 2020-2030 Regional Trade Balance
Figure 2020-2030 Regional Trade Balance
Table 2020-2030 North America Cobalt Oxide Market Size and Market Volume List
Figure 2020-2030 North America Cobalt Oxide Market Size and CAGR
Figure 2020-2030 North America Cobalt Oxide Market Volume and CAGR
Table 2020-2030 North America Cobalt Oxide Demand List by Application
Table 2020-2025 North America Cobalt Oxide Key Players Sales List
Table 2020-2025 North America Cobalt Oxide Key Players Market Share List
Table 2020-2030 North America Cobalt Oxide Demand List by Type
Table 2020-2025 North America Cobalt Oxide Price List by Type
Table 2020-2030 United States Cobalt Oxide Market Size and Market Volume List
Table 2020-2030 United States Cobalt Oxide Import & Export List
Table 2020-2030 Canada Cobalt Oxide Market Size and Market Volume List
Table 2020-2030 Canada Cobalt Oxide Import & Export List
Table 2020-2030 Mexico Cobalt Oxide Market Size and Market Volume List
Table 2020-2030 Mexico Cobalt Oxide Import & Export List
Table 2020-2030 South America Cobalt Oxide Market Size and Market Volume List
Figure 2020-2030 South America Cobalt Oxide Market Size and CAGR
Figure 2020-2030 South America Cobalt Oxide Market Volume and CAGR
Table 2020-2030 South America Cobalt Oxide Demand List by Application
Table 2020-2025 South America Cobalt Oxide Key Players Sales List
Table 2020-2025 South America Cobalt Oxide Key Players Market Share List
Table 2020-2030 South America Cobalt Oxide Demand List by Type
Table 2020-2025 South America Cobalt Oxide Price List by Type
Table 2020-2030 Brazil Cobalt Oxide Market Size and Market Volume List
Table 2020-2030 Brazil Cobalt Oxide Import & Export List
Table 2020-2030 Argentina Cobalt Oxide Market Size and Market Volume List
Table 2020-2030 Argentina Cobalt Oxide Import & Export List
Table 2020-2030 Chile Cobalt Oxide Market Size and Market Volume List
Table 2020-2030 Chile Cobalt Oxide Import & Export List
Table 2020-2030 Peru Cobalt Oxide Market Size and Market Volume List
Table 2020-2030 Peru Cobalt Oxide Import & Export List
Table 2020-2030 Asia & Pacific Cobalt Oxide Market Size and Market Volume List
Figure 2020-2030 Asia & Pacific Cobalt Oxide Market Size and CAGR
Figure 2020-2030 Asia & Pacific Cobalt Oxide Market Volume and CAGR
Table 2020-2030 Asia & Pacific Cobalt Oxide Demand List by Application
Table 2020-2025 Asia & Pacific Cobalt Oxide Key Players Sales List
Table 2020-2025 Asia & Pacific Cobalt Oxide Key Players Market Share List
Table 2020-2030 Asia & Pacific Cobalt Oxide Demand List by Type
Table 2020-2025 Asia & Pacific Cobalt Oxide Price List by Type
Table 2020-2030 China Cobalt Oxide Market Size and Market Volume List
Table 2020-2030 China Cobalt Oxide Import & Export List
Table 2020-2030 India Cobalt Oxide Market Size and Market Volume List
Table 2020-2030 India Cobalt Oxide Import & Export List
Table 2020-2030 Japan Cobalt Oxide Market Size and Market Volume List
Table 2020-2030 Japan Cobalt Oxide Import & Export List
Table 2020-2030 South Korea Cobalt Oxide Market Size and Market Volume List
Table 2020-2030 South Korea Cobalt Oxide Import & Export List
Table 2020-2030 Southeast Asia Cobalt Oxide Market Size List
Table 2020-2030 Southeast Asia Cobalt Oxide Market Volume List
Table 2020-2030 Southeast Asia Cobalt Oxide Import List
Table 2020-2030 Southeast Asia Cobalt Oxide Export List
Table 2020-2030 Australia Cobalt Oxide Market Size and Market Volume List
Table 2020-2030 Australia Cobalt Oxide Import & Export List
Table 2020-2030 Europe Cobalt Oxide Market Size and Market Volume List
Figure 2020-2030 Europe Cobalt Oxide Market Size and CAGR
Figure 2020-2030 Europe Cobalt Oxide Market Volume and CAGR
Table 2020-2030 Europe Cobalt Oxide Demand List by Application
Table 2020-2025 Europe Cobalt Oxide Key Players Sales List
Table 2020-2025 Europe Cobalt Oxide Key Players Market Share List
Table 2020-2030 Europe Cobalt Oxide Demand List by Type
Table 2020-2025 Europe Cobalt Oxide Price List by Type
Table 2020-2030 Germany Cobalt Oxide Market Size and Market Volume List
Table 2020-2030 Germany Cobalt Oxide Import & Export List
Table 2020-2030 France Cobalt Oxide Market Size and Market Volume List
Table 2020-2030 France Cobalt Oxide Import & Export List
Table 2020-2030 United Kingdom Cobalt Oxide Market Size and Market Volume List
Table 2020-2030 United Kingdom Cobalt Oxide Import & Export List
Table 2020-2030 Italy Cobalt Oxide Market Size and Market Volume List
Table 2020-2030 Italy Cobalt Oxide Import & Export List
Table 2020-2030 Spain Cobalt Oxide Market Size and Market Volume List
Table 2020-2030 Spain Cobalt Oxide Import & Export List
Table 2020-2030 Belgium Cobalt Oxide Market Size and Market Volume List
Table 2020-2030 Belgium Cobalt Oxide Import & Export List
Table 2020-2030 Netherlands Cobalt Oxide Market Size and Market Volume List
Table 2020-2030 Netherlands Cobalt Oxide Import & Export List
Table 2020-2030 Austria Cobalt Oxide Market Size and Market Volume List
Table 2020-2030 Austria Cobalt Oxide Import & Export List
Table 2020-2030 Poland Cobalt Oxide Market Size and Market Volume List
Table 2020-2030 Poland Cobalt Oxide Import & Export List
Table 2020-2030 Russia Cobalt Oxide Market Size and Market Volume List
Table 2020-2030 Russia Cobalt Oxide Import & Export List
Table 2020-2030 MEA Cobalt Oxide Market Size and Market Volume List
Figure 2020-2030 MEA Cobalt Oxide Market Size and CAGR
Figure 2020-2030 MEA Cobalt Oxide Market Volume and CAGR
Table 2020-2030 MEA Cobalt Oxide Demand List by Application
Table 2020-2025 MEA Cobalt Oxide Key Players Sales List
Table 2020-2025 MEA Cobalt Oxide Key Players Market Share List
Table 2020-2030 MEA Cobalt Oxide Demand List by Type
Table 2020-2025 MEA Cobalt Oxide Price List by Type
Table 2020-2030 Egypt Cobalt Oxide Market Size and Market Volume List
Table 2020-2030 Egypt Cobalt Oxide Import & Export List
Table 2020-2030 Israel Cobalt Oxide Market Size and Market Volume List
Table 2020-2030 Israel Cobalt Oxide Import & Export List
Table 2020-2030 South Africa Cobalt Oxide Market Size and Market Volume List
Table 2020-2030 South Africa Cobalt Oxide Import & Export List
Table 2020-2030 Gulf Cooperation Council Countries Cobalt Oxide Market Size and Market Volume List
Table 2020-2030 Gulf Cooperation Council Countries Cobalt Oxide Import & Export List
Table 2020-2030 Turkey Cobalt Oxide Market Size and Market Volume List
Table 2020-2030 Turkey Cobalt Oxide Import & Export List
Table 2020-2025 Global Cobalt Oxide Market Size List by Region
Table 2020-2025 Global Cobalt Oxide Market Size Share List by Region
Table 2020-2025 Global Cobalt Oxide Market Volume List by Region
Table 2020-2025 Global Cobalt Oxide Market Volume Share List by Region
Table 2020-2025 Global Cobalt Oxide Demand List by Application
Table 2020-2025 Global Cobalt Oxide Demand Market Share List by Application
Table 2020-2025 Global Cobalt Oxide Capacity List
Table 2020-2025 Global Cobalt Oxide Key Vendors Capacity Share List
Table 2020-2025 Global Cobalt Oxide Key Vendors Production List
Table 2020-2025 Global Cobalt Oxide Key Vendors Production Share List
Figure 2020-2025 Global Cobalt Oxide Capacity Production and Growth Rate
Table 2020-2025 Global Cobalt Oxide Key Vendors Production Value List
Figure 2020-2025 Global Cobalt Oxide Production Value and Growth Rate
Table 2020-2025 Global Cobalt Oxide Key Vendors Production Value Share List
Table 2020-2025 Global Cobalt Oxide Demand List by Type
Table 2020-2025 Global Cobalt Oxide Demand Market Share List by Type
Table 2020-2025 Regional Cobalt Oxide Price List
Table 2025-2030 Global Cobalt Oxide Market Size List by Region
Table 2025-2030 Global Cobalt Oxide Market Size Share List by Region
Table 2025-2030 Global Cobalt Oxide Market Volume List by Region
Table 2025-2030 Global Cobalt Oxide Market Volume Share List by Region
Table 2025-2030 Global Cobalt Oxide Demand List by Application
Table 2025-2030 Global Cobalt Oxide Demand Market Share List by Application
Table 2025-2030 Global Cobalt Oxide Capacity List
Table 2025-2030 Global Cobalt Oxide Key Vendors Capacity Share List
Table 2025-2030 Global Cobalt Oxide Key Vendors Production List
Table 2025-2030 Global Cobalt Oxide Key Vendors Production Share List
Figure 2025-2030 Global Cobalt Oxide Capacity Production and Growth Rate
Table 2025-2030 Global Cobalt Oxide Key Vendors Production Value List
Figure 2025-2030 Global Cobalt Oxide Production Value and Growth Rate
Table 2025-2030 Global Cobalt Oxide Key Vendors Production Value Share List
Table 2025-2030 Global Cobalt Oxide Demand List by Type
Table 2025-2030 Global Cobalt Oxide Demand Market Share List by Type
Table 2025-2030 Cobalt Oxide Regional Price List
Table Umicore Information
Table SWOT Analysis of Umicore
Table 2020-2025 Umicore Cobalt Oxide Product Capacity Production Price Cost Production Value
Figure 2020-2025 Umicore Cobalt Oxide Capacity Production and Growth Rate
Figure 2020-2025 Umicore Cobalt Oxide Market Share
Table Huayou Cobalt Information
Table SWOT Analysis of Huayou Cobalt
Table 2020-2025 Huayou Cobalt Cobalt Oxide Product Capacity Production Price Cost Production Value
Figure 2020-2025 Huayou Cobalt Cobalt Oxide Capacity Production and Growth Rate
Figure 2020-2025 Huayou Cobalt Cobalt Oxide Market Share
Table GEM Information
Table SWOT Analysis of GEM
Table 2020-2025 GEM Cobalt Oxide Product Capacity Production Price Cost Production Value
Figure 2020-2025 GEM Cobalt Oxide Capacity Production and Growth Rate
Figure 2020-2025 GEM Cobalt Oxide Market Share
Table CNGR Information
Table SWOT Analysis of CNGR
Table 2020-2025 CNGR Cobalt Oxide Product Capacity Production Price Cost Production Value
Figure 2020-2025 CNGR Cobalt Oxide Capacity Production and Growth Rate
Figure 2020-2025 CNGR Cobalt Oxide Market Share
Table Jinchuan Information
Table SWOT Analysis of Jinchuan
Table 2020-2025 Jinchuan Cobalt Oxide Product Capacity Production Price Cost Production Value
Figure 2020-2025 Jinchuan Cobalt Oxide Capacity Production and Growth Rate
Figure 2020-2025 Jinchuan Cobalt Oxide Market Share
Table Ganzhou Tengyuan Cobalt Information
Table SWOT Analysis of Ganzhou Tengyuan Cobalt
Table 2020-2025 Ganzhou Tengyuan Cobalt Cobalt Oxide Product Capacity Production Price Cost Production Value
Figure 2020-2025 Ganzhou Tengyuan Cobalt Cobalt Oxide Capacity Production and Growth Rate
Figure 2020-2025 Ganzhou Tengyuan Cobalt Cobalt Oxide Market Share
Table CoreMax Corporation Information
Table SWOT Analysis of CoreMax Corporation
Table 2020-2025 CoreMax Corporation Cobalt Oxide Product Capacity Production Price Cost Production Value
Figure 2020-2025 CoreMax Corporation Cobalt Oxide Capacity Production and Growth Rate
Figure 2020-2025 CoreMax Corporation Cobalt Oxide Market Share
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