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  • Writer's picturemegha chitare

Battery Grade Cobalt Sulfate Market, Global Outlook and Forecast 2023-2030

The global Battery Grade Cobalt Sulfate market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.


Cobalt sulfate, a power battery material, is mainly used to produce ternary precursors.


This report aims to provide a comprehensive presentation of the global market for Battery Grade Cobalt Sulfate, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Battery Grade Cobalt Sulfate. This report contains market size and forecasts of Battery Grade Cobalt Sulfate in global, including the following market information:


  • Global Battery Grade Cobalt Sulfate Market Revenue, 2018-2023, 2024-2030, ($ millions)

  • Global Battery Grade Cobalt Sulfate Market Sales, 2018-2023, 2024-2030, (K MT)

  • Global top five Battery Grade Cobalt Sulfate companies in 2022 (%)


The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.

Virgin Material Segment to Reach $ Million by 2029, with a % CAGR in next six years.


The global key manufacturers of Battery Grade Cobalt Sulfate include Huayou Cobalt, GME, 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 and MMC Norilsk Nickel, etc. in 2022, the global top five players have a share approximately % in terms of revenue.

We surveyed the Battery Grade Cobalt Sulfate manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.


Total Market by Segment:


Global Battery Grade Cobalt Sulfate Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (K MT)

Global Battery Grade Cobalt Sulfate Market Segment Percentages, by Type, 2022 (%)


  • Virgin Material

  • Recycled Material


Global Battery Grade Cobalt Sulfate Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (K MT)

Global Battery Grade Cobalt Sulfate Market Segment Percentages, by Application, 2022 (%)


  • Power Battery Materials

  • Plating

  • Other


Global Battery Grade Cobalt Sulfate Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (K MT)

Global Battery Grade Cobalt Sulfate Market Segment Percentages, By Region and Country, 2022 (%)

North America (United States, Canada, Mexico)


  • Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)

  • Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)

  • The Middle East and Africa (Middle East, Africa)

  • South and Central America (Brazil, Argentina, Rest of SCA)

Competitor Analysis

The report also provides analysis of leading market participants including:


  • Key companies Battery Grade Cobalt Sulfate revenues in global market, 2018-2023 (Estimated), ($ millions)

  • Key companies Battery Grade Cobalt Sulfate revenues share in global market, 2022 (%)

  • Key companies Battery Grade Cobalt Sulfate sales in global market, 2018-2023 (Estimated), (K MT)

  • Key companies Battery Grade Cobalt Sulfate sales share in global market, 2022 (%)

key players include:


  • Huayou Cobalt

  • GME

  • 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

  • Shanghai Qingong

  • Nantong Xinwei

  • Freeport Cobalt


Outline of Major Chapters:

Chapter 1: Introduces the definition of Battery Grade Cobalt Sulfate, market overview.

Chapter 2: Global Battery Grade Cobalt Sulfate market size in revenue and volume.

Chapter 3: Detailed analysis of Battery Grade Cobalt Sulfate manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Battery Grade Cobalt Sulfate in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global Battery Grade Cobalt Sulfate capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.


Table of content

1 Introduction to Research & Analysis Reports 1.1 Battery Grade Cobalt Sulfate Market Definition 1.2 Market Segments 1.2.1 Market by Type 1.2.2 Market by Application 1.3 Global Battery Grade Cobalt Sulfate Market Overview 1.4 Features & Benefits of This Report 1.5 Methodology & Sources of Information 1.5.1 Research Methodology 1.5.2 Research Process 1.5.3 Base Year 1.5.4 Report Assumptions & Caveats 2 Global Battery Grade Cobalt Sulfate Overall Market Size 2.1 Global Battery Grade Cobalt Sulfate Market Size: 2022 VS 2030 2.2 Global Battery Grade Cobalt Sulfate Revenue, Prospects & Forecasts: 2018-2030 2.3 Global Battery Grade Cobalt Sulfate Sales: 2018-2030 3 Company Landscape 3.1 Top Battery Grade Cobalt Sulfate Players in Global Market 3.2 Top Global Battery Grade Cobalt Sulfate Companies Ranked by Revenue 3.3 Global Battery Grade Cobalt Sulfate Revenue by Companies 3.4 Global Battery Grade Cobalt Sulfate Sales by Companies 3.5 Global Battery Grade Cobalt Sulfate Price by Manufacturer (2018-2023) 3.6 Top 3 and Top 5 Battery Grade Cobalt Sulfate Companies in Global Market, by Revenue in 2022 3.7 Global Manufacturers Battery Grade Cobalt Sulfate Product Type 3.8 Tier 1, Tier 2 and Tier 3 Battery Grade Cobalt Sulfate Players in Global Market 3.8.1 List of Global Tier 1 Battery Grade Cobalt Sulfate Companies 3.8.2 List of Glob

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