MRO Magazine

Research and Markets: Global Cobalt Market 2015-2019 – Market Segmentation By Application & End-Use

December 21, 2015
By Business Wire News


Research and Markets ( has announced the addition of the “Global Cobalt Market 2015-2019” report to their offering.

The report forecasts the global cobalt market to grow at a CAGR of 9.19% over the period 2014-2019.

The market is expected to witness certain key trends that will increase the growth of the market. One such trend is the rise in capacity expansions and mining projects. Potential mining projects that could produce supplementary cobalt raw materials are underway.

According to the report, the boom in reusable energy storage systems is one of the major drivers contributing to the growth of the global cobalt market. Flourishing demand for rechargeable batteries in electronic devices, such as mobile phones, laptops, computers, tablets, and portable devices, is driving demand for cobalt in the market.

Further, the report states that one of the major challenges is the dominance of the DRC and Zambia, which don’t have adequate support technologies or complementary assets, such as sophisticated ports and road transportation.

Key vendors:

  • Freeport-McMoran Copper and Gold
  • Glencore Xstrate
  • Huayou Cobalt
  • Nippon Steel and Sumitomo Metal
  • Sherritt International
  • Umicore

Other prominent vendors:

  • Ambatovy
  • BHP Billiton
  • Chambishi Metals
  • Eramet
  • Formation Metals
  • Gécamines
  • GEM
  • Jiangsu Cobalt Nickel Metal
  • Katanga Mining
  • Minara
  • Mopani Copper
  • Norilsk
  • OMG
  • QNPL
  • Rubamin
  • Vale
  • Votorantim Metais
  • Zhejiang Huayou Cobalt

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Global cobalt market

PART 07: Global cobalt production process

PART 08: Market segmentation by application

PART 09: Market segmentation by end-use

PART 10: Geographical segmentation

PART 11: Key leading countries

PART 12: Market drivers

PART 13: Impact of drivers

PART 14: Market challenges

PART 15: Impact of drivers and challenges

PART 16: Market trends

PART 17: Vendor landscape

PART 18: Key vendor analysis

For more information visit

Research and Markets
Laura Wood, Senior Manager
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Sector: Chemicals