코발트 시장 : 제품별, 최종사용자별 - 세계 예측(2025-2030년)

The Cobalt Market was valued at USD 10.83 billion in 2023, expected to reach USD 12.18 billion in 2024, and is projected to grow at a CAGR of 12.62%, to USD 24.88 billion by 2030.

Cobalt is a strategic metal with varied applications across several industries, primarily driven by its use in rechargeable battery technology, especially lithium-ion batteries essential for electric vehicles (EVs) and portable electronics. Its necessity is underscored by the rising demand for sustainable energy solutions, making cobalt pivotal in the shift towards electrification and green energy. The end-use scope extends to aerospace, healthcare, and electronics, where cobalt alloys, magnets, and catalysts play crucial roles. Market growth is significantly influenced by the burgeoning EV market, advancements in battery technology, and government regulations favoring low-carbon technologies. Key opportunities lie in the development of recycling technologies to reduce dependency on primary cobalt sources and innovations in cobalt-free and low-cobalt battery technologies that cater to sustainability demands. Despite these growth trajectories, the market faces challenges such as supply chain uncertainties, geopolitical tensions, and ethical issues concerning mining practices in cobalt-rich regions like the Democratic Republic of Congo. Issues of price volatility and environmental concerns also pose limitations. To foster business growth and remain competitive, companies are advised to invest in sustainable practices, such as ethical sourcing and transparent supply chains, and explore opportunities in alternative chemistries and battery recycling technologies. Potential areas of innovation are in the refinement of extraction processes and improving recycling efficiencies to ensure a sustainable supply of cobalt. Additionally, research in cobalt alloy compositions that enhance performance in specific applications can spur growth. The market's nature is dynamic, marked by periodic supply-demand disruptions, thus requiring agile strategies to mitigate risks and capitalize on emerging trends. Overall, while cobalt presents substantial opportunities in a transitioning energy landscape, strategic foresight and ethical considerations are paramount for long-term sustainability and profitability.

Market Dynamics: Unveiling Key Market Insights in the Rapidly Evolving Cobalt Market

The Cobalt Market is undergoing transformative changes driven by a dynamic interplay of supply and demand factors. Understanding these evolving market dynamics prepares business organizations to make informed investment decisions, refine strategic decisions, and seize new opportunities. By gaining a comprehensive view of these trends, business organizations can mitigate various risks across political, geographic, technical, social, and economic domains while also gaining a clearer understanding of consumer behavior and its impact on manufacturing costs and purchasing trends.

• Market Drivers
  • Rapid growth in electric vehicles worldwide
  • Growing usage of smartphones and laptops with increasing demand for rechargeable batteries
• Market Restraints
  • High cost of development of cobalt
• Market Opportunities
  • Growing technological advances in the recycling of cobalt
  • Expanding focus on renewable energy worldwide
• Market Challenges
  • Environmental concerns with the mining process of cobalt

Porter's Five Forces: A Strategic Tool for Navigating the Cobalt Market

Porter's five forces framework is a critical tool for understanding the competitive landscape of the Cobalt Market. It offers business organizations with a clear methodology for evaluating their competitive positioning and exploring strategic opportunities. This framework helps businesses assess the power dynamics within the market and determine the profitability of new ventures. With these insights, business organizations can leverage their strengths, address weaknesses, and avoid potential challenges, ensuring a more resilient market positioning.

PESTLE Analysis: Navigating External Influences in the Cobalt Market

External macro-environmental factors play a pivotal role in shaping the performance dynamics of the Cobalt Market. Political, Economic, Social, Technological, Legal, and Environmental factors analysis provides the necessary information to navigate these influences. By examining PESTLE factors, businesses can better understand potential risks and opportunities. This analysis enables business organizations to anticipate changes in regulations, consumer preferences, and economic trends, ensuring they are prepared to make proactive, forward-thinking decisions.

Market Share Analysis: Understanding the Competitive Landscape in the Cobalt Market

A detailed market share analysis in the Cobalt Market provides a comprehensive assessment of vendors' performance. Companies can identify their competitive positioning by comparing key metrics, including revenue, customer base, and growth rates. This analysis highlights market concentration, fragmentation, and trends in consolidation, offering vendors the insights required to make strategic decisions that enhance their position in an increasingly competitive landscape.

FPNV Positioning Matrix: Evaluating Vendors' Performance in the Cobalt Market

The Forefront, Pathfinder, Niche, Vital (FPNV) Positioning Matrix is a critical tool for evaluating vendors within the Cobalt Market. This matrix enables business organizations to make well-informed decisions that align with their goals by assessing vendors based on their business strategy and product satisfaction. The four quadrants provide a clear and precise segmentation of vendors, helping users identify the right partners and solutions that best fit their strategic objectives.

Strategy Analysis & Recommendation: Charting a Path to Success in the Cobalt Market

A strategic analysis of the Cobalt Market is essential for businesses looking to strengthen their global market presence. By reviewing key resources, capabilities, and performance indicators, business organizations can identify growth opportunities and work toward improvement. This approach helps businesses navigate challenges in the competitive landscape and ensures they are well-positioned to capitalize on newer opportunities and drive long-term success.

Key Company Profiles

The report delves into recent significant developments in the Cobalt Market, highlighting leading vendors and their innovative profiles. These include All Metal Sales Inc., BHP Group, Carter Alloys Co, Coal India Limited, Eramet Group, Eurasian Resources Group S.a r.l., Freeport-McMoRan Inc. by Jervois Global Ltd., Glencore PLC, Huayou Cobalt Co., Ltd., Jinchuan Group International Resources Co. Ltd, MISSOURI COBALT, LLC, Panoramic Resources, Sherritt International Corporation, Sumitomo Metal Mining Co., Ltd., The Nornickel Group, Umicore, Vale S.A., Vedanta Limited, Wheaton Precious Metals Corp, and Yantai Cash Industrial Co. Ltd.

Market Segmentation & Coverage

This research report categorizes the Cobalt Market to forecast the revenues and analyze trends in each of the following sub-markets:

• Based on Product, market is studied across Cobalt Metal, Cobalt Oxide, and Cobalt Sulfate.
• Based on End-User, market is studied across Aerospace & Defense, Automotive & Transportation, Chemical, Construction, Electronics, Healthcare, Oil & Gas, and Pharmaceuticals.
• Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

The report offers a comprehensive analysis of the market, covering key focus areas:

1. Market Penetration: A detailed review of the current market environment, including extensive data from top industry players, evaluating their market reach and overall influence.

2. Market Development: Identifies growth opportunities in emerging markets and assesses expansion potential in established sectors, providing a strategic roadmap for future growth.

3. Market Diversification: Analyzes recent product launches, untapped geographic regions, major industry advancements, and strategic investments reshaping the market.

4. Competitive Assessment & Intelligence: Provides a thorough analysis of the competitive landscape, examining market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, and technological advancements of key players.

5. Product Development & Innovation: Highlights cutting-edge technologies, R&D activities, and product innovations expected to drive future market growth.

The report also answers critical questions to aid stakeholders in making informed decisions:

1. What is the current market size, and what is the forecasted growth?

2. Which products, segments, and regions offer the best investment opportunities?

3. What are the key technology trends and regulatory influences shaping the market?

4. How do leading vendors rank in terms of market share and competitive positioning?

5. What revenue sources and strategic opportunities drive vendors' market entry or exit strategies?

Table of Contents

1. Preface

• 1.1. Objectives of the Study
• 1.2. Market Segmentation & Coverage
• 1.3. Years Considered for the Study
• 1.4. Currency & Pricing
• 1.5. Language
• 1.6. Stakeholders

2. Research Methodology

• 2.1. Define: Research Objective
• 2.2. Determine: Research Design
• 2.3. Prepare: Research Instrument
• 2.4. Collect: Data Source
• 2.5. Analyze: Data Interpretation
• 2.6. Formulate: Data Verification
• 2.7. Publish: Research Report
• 2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

• 5.1. Market Dynamics
  • 5.1.1. Drivers
    • 5.1.1.1. Rapid growth in electric vehicles worldwide
    • 5.1.1.2. Growing usage of smartphones and laptops with increasing demand for rechargeable batteries
  • 5.1.2. Restraints
    • 5.1.2.1. High cost of development of cobalt
  • 5.1.3. Opportunities
    • 5.1.3.1. Growing technological advances in the recycling of cobalt
    • 5.1.3.2. Expanding focus on renewable energy worldwide
  • 5.1.4. Challenges
    • 5.1.4.1. Environmental concerns with the mining process of cobalt
• 5.2. Market Segmentation Analysis
• 5.3. Porter's Five Forces Analysis
  • 5.3.1. Threat of New Entrants
  • 5.3.2. Threat of Substitutes
  • 5.3.3. Bargaining Power of Customers
  • 5.3.4. Bargaining Power of Suppliers
  • 5.3.5. Industry Rivalry
• 5.4. PESTLE Analysis
  • 5.4.1. Political
  • 5.4.2. Economic
  • 5.4.3. Social
  • 5.4.4. Technological
  • 5.4.5. Legal
  • 5.4.6. Environmental

6. Cobalt Market, by Product

• 6.1. Introduction
• 6.2. Cobalt Metal
• 6.3. Cobalt Oxide
• 6.4. Cobalt Sulfate

7. Cobalt Market, by End-User

• 7.1. Introduction
• 7.2. Aerospace & Defense
• 7.3. Automotive & Transportation
• 7.4. Chemical
• 7.5. Construction
• 7.6. Electronics
• 7.7. Healthcare
• 7.8. Oil & Gas
• 7.9. Pharmaceuticals

8. Americas Cobalt Market

• 8.1. Introduction
• 8.2. Argentina
• 8.3. Brazil
• 8.4. Canada
• 8.5. Mexico
• 8.6. United States

9. Asia-Pacific Cobalt Market

• 9.1. Introduction
• 9.2. Australia
• 9.3. China
• 9.4. India
• 9.5. Indonesia
• 9.6. Japan
• 9.7. Malaysia
• 9.8. Philippines
• 9.9. Singapore
• 9.10. South Korea
• 9.11. Taiwan
• 9.12. Thailand
• 9.13. Vietnam

10. Europe, Middle East & Africa Cobalt Market

• 10.1. Introduction
• 10.2. Denmark
• 10.3. Egypt
• 10.4. Finland
• 10.5. France
• 10.6. Germany
• 10.7. Israel
• 10.8. Italy
• 10.9. Netherlands
• 10.10. Nigeria
• 10.11. Norway
• 10.12. Poland
• 10.13. Qatar
• 10.14. Russia
• 10.15. Saudi Arabia
• 10.16. South Africa
• 10.17. Spain
• 10.18. Sweden
• 10.19. Switzerland
• 10.20. Turkey
• 10.21. United Arab Emirates
• 10.22. United Kingdom

11. Competitive Landscape

• 11.1. Market Share Analysis, 2023
• 11.2. FPNV Positioning Matrix, 2023
• 11.3. Competitive Scenario Analysis
• 11.4. Strategy Analysis & Recommendation

Companies Mentioned

• 1. All Metal Sales Inc.
• 2. BHP Group
• 3. Carter Alloys Co
• 4. Coal India Limited
• 5. Eramet Group
• 6. Eurasian Resources Group S.a r.l.
• 7. Freeport-McMoRan Inc. by Jervois Global Ltd.
• 8. Glencore PLC
• 9. Huayou Cobalt Co., Ltd.
• 10. Jinchuan Group International Resources Co. Ltd
• 11. MISSOURI COBALT, LLC
• 12. Panoramic Resources
• 13. Sherritt International Corporation
• 14. Sumitomo Metal Mining Co., Ltd.
• 15. The Nornickel Group
• 16. Umicore
• 17. Vale S.A.
• 18. Vedanta Limited
• 19. Wheaton Precious Metals Corp
• 20. Yantai Cash Industrial Co. Ltd