Europe Cobalt Sulphate Market Size, Share & Trends Analysis Report By Application (Batteries, Alloys, Magnets, Hard Materials, Catalyst, Inks & Dyes and Others), By Country and Growth Forecast, 2023 - 2030

The Europe Cobalt Sulphate Market would witness market growth of 5.8% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 122.1 Hundred Tonnes, showcasing a growth of 5.1% (2019-2022).

This compound is utilized in the ceramics and glass industry as a coloring agent. It imparts a blue color to glass and ceramic products, making it valuable in producing colored tiles, glassware, and decorative items. This compound acts as a drying agent in manufacturing paints and inks. It accelerates the drying process of these products, contributing to their quality and durability. Moreover, in certain electroplating processes, this compound deposits thin layers of cobalt onto metal surfaces. This electroplating method enhances the corrosion resistance and appearance of the coated materials.

In addition, the market has witnessed some degree of consolidation as companies seek to strengthen their positions and secure a consistent supply of cobalt. Strategic alliances between mining companies, battery manufacturers, and automotive companies are becoming more common, ensuring a streamlined supply chain and fostering innovation in battery technologies.

As per the data from the International Energy Agency, after the surge in 2020, electric vehicle sales in Europe increased by over 65 percent annually to 2.3 million in 2021. Norway (86 percent), Iceland (72 percent), Sweden (43%), and the Netherlands (30 percent) were expected to hold the largest market shares for new electric vehicle sales in Europe in 2021, followed by France (19 percent), Italy (9 percent), and Spain (8%). Therefore, the growing electric vehicle sales in Europe is expected to boost the demand for this compound in the region.

The Germany market dominated the Europe Cobalt Sulphate Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $81.2 million by 2030. The UK market is exhibiting a CAGR of 4.9% during (2023 - 2030). Additionally, The France market would experience a CAGR of 6.6% during (2023 - 2030).

Free Valuable Insights: The Global Cobalt Sulphate Market will Hit $1.8 Billion by 2030, at a CAGR of 6.1%

Based on Application, the market is segmented into Batteries, Alloys, Magnets, Hard Materials, Catalyst, Inks & Dyes and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

List of Key Companies Profiled

• JERVOIS GLOBAL LIMITED
• Shepherd Chemical Company
• Nantong Xinwei Nickel & Cobalt Hightech Development Co.,Ltd.
• Freeport-McMoRan Inc.
• Umicore NV-SA
• Hunter Chemical, LLC
• Merck KGaA
• Incasa S.A

Europe Cobalt Sulphate Market Report Segmentation

By Application (Volume, Hundred Tonnes, USD Billion, 2019-2030)

• Batteries
• Alloys
• Magnets
• Hard Materials
• Catalyst
• Inks & Dyes
• Others

By Country (Volume, Hundred Tonnes, USD Billion, 2019-2030)

• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Cobalt Sulphate Market, by Application
1.4.2 Europe Cobalt Sulphate Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis

Chapter 4. Europe Cobalt Sulphate Market by Application
4.1 Europe Batteries Market by Country
4.2 Europe Alloys Market by Country
4.3 Europe Magnets Market by Country
4.4 Europe Hard Materials Market by Country
4.5 Europe Catalyst Market by Country
4.6 Europe Inks & Dyes Market by Country
4.7 Europe Others Market by Country

Chapter 5. Europe Cobalt Sulphate Market by Country
5.1 Germany Cobalt Sulphate Market
5.1.1 Germany Cobalt Sulphate Market by Application
5.2 UK Cobalt Sulphate Market
5.2.1 UK Cobalt Sulphate Market by Application
5.3 France Cobalt Sulphate Market
5.3.1 France Cobalt Sulphate Market by Application
5.4 Russia Cobalt Sulphate Market
5.4.1 Russia Cobalt Sulphate Market by Application
5.5 Spain Cobalt Sulphate Market
5.5.1 Spain Cobalt Sulphate Market by Application
5.6 Italy Cobalt Sulphate Market
5.6.1 Italy Cobalt Sulphate Market by Application
5.7 Rest of Europe Cobalt Sulphate Market
5.7.1 Rest of Europe Cobalt Sulphate Market by Application

Chapter 6. Company Profiles
6.1 JERVOIS GLOBAL LIMITED
6.1.1 Company Overview
6.1.2 Financial Analysis
6.2 Shepherd Chemical Company
6.2.1 Company Overview
6.3 Nantong Xinwei Nickel & Cobalt Hightech Development Co.,Ltd.
6.3.1 Company Overview
6.4 Umicore NV-SA
6.4.1 Company Overview
6.4.2 Financial Analysis
6.5 Hunter Chemical, LLC
6.5.1 Company Overview
6.6 Incasa S.A
6.6.1 Company Overview
6.7 Freeport-McMoRan Inc.
6.7.1 Company Overview
6.7.2 Financial Analysis
6.8 Merck KGaA
6.8.1 Company Overview
6.8.2 Financial Analysis
6.8.3 Segmental and Regional Analysis
6.8.4 Research & Development Expense
6.8.5 SWOT Analysis

TABLE 1 Europe Cobalt Sulphate Market, 2019 - 2022, USD Million
TABLE 2 Europe Cobalt Sulphate Market, 2023 - 2030, USD Million
TABLE 3 Europe Cobalt Sulphate Market, 2019 - 2022, Hundred Tonnes
TABLE 4 Europe Cobalt Sulphate Market, 2023 - 2030, Hundred Tonnes
TABLE 5 Europe Cobalt Sulphate Market by Application, 2019 - 2022, USD Million
TABLE 6 Europe Cobalt Sulphate Market by Application, 2023 - 2030, USD Million
TABLE 7 Europe Cobalt Sulphate Market by Application, 2019 - 2022, Hundred Tonnes
TABLE 8 Europe Cobalt Sulphate Market by Application, 2023 - 2030, Hundred Tonnes
TABLE 9 Europe Batteries Market by Country, 2019 - 2022, USD Million
TABLE 10 Europe Batteries Market by Country, 2023 - 2030, USD Million
TABLE 11 Europe Batteries Market by Country, 2019 - 2022, Hundred Tonnes
TABLE 12 Europe Batteries Market by Country, 2023 - 2030, Hundred Tonnes
TABLE 13 Europe Alloys Market by Country, 2019 - 2022, USD Million
TABLE 14 Europe Alloys Market by Country, 2023 - 2030, USD Million
TABLE 15 Europe Alloys Market by Country, 2019 - 2022, Hundred Tonnes
TABLE 16 Europe Alloys Market by Country, 2023 - 2030, Hundred Tonnes
TABLE 17 Europe Magnets Market by Country, 2019 - 2022, USD Million
TABLE 18 Europe Magnets Market by Country, 2023 - 2030, USD Million
TABLE 19 Europe Magnets Market by Country, 2019 - 2022, Hundred Tonnes
TABLE 20 Europe Magnets Market by Country, 2023 - 2030, Hundred Tonnes
TABLE 21 Europe Hard Materials Market by Country, 2019 - 2022, USD Million
TABLE 22 Europe Hard Materials Market by Country, 2023 - 2030, USD Million
TABLE 23 Europe Hard Materials Market by Country, 2019 - 2022, Hundred Tonnes
TABLE 24 Europe Hard Materials Market by Country, 2023 - 2030, Hundred Tonnes
TABLE 25 Europe Catalyst Market by Country, 2019 - 2022, USD Million
TABLE 26 Europe Catalyst Market by Country, 2023 - 2030, USD Million
TABLE 27 Europe Catalyst Market by Country, 2019 - 2022, Hundred Tonnes
TABLE 28 Europe Catalyst Market by Country, 2023 - 2030, Hundred Tonnes
TABLE 29 Europe Inks & Dyes Market by Country, 2019 - 2022, USD Million
TABLE 30 Europe Inks & Dyes Market by Country, 2023 - 2030, USD Million
TABLE 31 Europe Inks & Dyes Market by Country, 2019 - 2022, Hundred Tonnes
TABLE 32 Europe Inks & Dyes Market by Country, 2023 - 2030, Hundred Tonnes
TABLE 33 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 34 Europe Others Market by Country, 2023 - 2030, USD Million
TABLE 35 Europe Others Market by Country, 2019 - 2022, Hundred Tonnes
TABLE 36 Europe Others Market by Country, 2023 - 2030, Hundred Tonnes
TABLE 37 Europe Cobalt Sulphate Market by Country, 2019 - 2022, USD Million
TABLE 38 Europe Cobalt Sulphate Market by Country, 2023 - 2030, USD Million
TABLE 39 Europe Cobalt Sulphate Market by Country, 2019 - 2022, Hundred Tonnes
TABLE 40 Europe Cobalt Sulphate Market by Country, 2023 - 2030, Hundred Tonnes
TABLE 41 Germany Cobalt Sulphate Market, 2019 - 2022, USD Million
TABLE 42 Germany Cobalt Sulphate Market, 2023 - 2030, USD Million
TABLE 43 Germany Cobalt Sulphate Market, 2019 - 2022, Hundred Tonnes
TABLE 44 Germany Cobalt Sulphate Market, 2023 - 2030, Hundred Tonnes
TABLE 45 Germany Cobalt Sulphate Market by Application, 2019 - 2022, USD Million
TABLE 46 Germany Cobalt Sulphate Market by Application, 2023 - 2030, USD Million
TABLE 47 Germany Cobalt Sulphate Market by Application, 2019 - 2022, Hundred Tonnes
TABLE 48 Germany Cobalt Sulphate Market by Application, 2023 - 2030, Hundred Tonnes
TABLE 49 UK Cobalt Sulphate Market, 2019 - 2022, USD Million
TABLE 50 UK Cobalt Sulphate Market, 2023 - 2030, USD Million
TABLE 51 UK Cobalt Sulphate Market, 2019 - 2022, Hundred Tonnes
TABLE 52 UK Cobalt Sulphate Market, 2023 - 2030, Hundred Tonnes
TABLE 53 UK Cobalt Sulphate Market by Application, 2019 - 2022, USD Million
TABLE 54 UK Cobalt Sulphate Market by Application, 2023 - 2030, USD Million
TABLE 55 UK Cobalt Sulphate Market by Application, 2019 - 2022, Hundred Tonnes
TABLE 56 UK Cobalt Sulphate Market by Application, 2023 - 2030, Hundred Tonnes
TABLE 57 France Cobalt Sulphate Market, 2019 - 2022, USD Million
TABLE 58 France Cobalt Sulphate Market, 2023 - 2030, USD Million
TABLE 59 France Cobalt Sulphate Market, 2019 - 2022, Hundred Tonnes
TABLE 60 France Cobalt Sulphate Market, 2023 - 2030, Hundred Tonnes
TABLE 61 France Cobalt Sulphate Market by Application, 2019 - 2022, USD Million
TABLE 62 France Cobalt Sulphate Market by Application, 2023 - 2030, USD Million
TABLE 63 France Cobalt Sulphate Market by Application, 2019 - 2022, Hundred Tonnes
TABLE 64 France Cobalt Sulphate Market by Application, 2023 - 2030, Hundred Tonnes
TABLE 65 Russia Cobalt Sulphate Market, 2019 - 2022, USD Million
TABLE 66 Russia Cobalt Sulphate Market, 2023 - 2030, USD Million
TABLE 67 Russia Cobalt Sulphate Market, 2019 - 2022, Hundred Tonnes
TABLE 68 Russia Cobalt Sulphate Market, 2023 - 2030, Hundred Tonnes
TABLE 69 Russia Cobalt Sulphate Market by Application, 2019 - 2022, USD Million
TABLE 70 Russia Cobalt Sulphate Market by Application, 2023 - 2030, USD Million
TABLE 71 Russia Cobalt Sulphate Market by Application, 2019 - 2022, Hundred Tonnes
TABLE 72 Russia Cobalt Sulphate Market by Application, 2023 - 2030, Hundred Tonnes
TABLE 73 Spain Cobalt Sulphate Market, 2019 - 2022, USD Million
TABLE 74 Spain Cobalt Sulphate Market, 2023 - 2030, USD Million
TABLE 75 Spain Cobalt Sulphate Market, 2019 - 2022, Hundred Tonnes
TABLE 76 Spain Cobalt Sulphate Market, 2023 - 2030, Hundred Tonnes
TABLE 77 Spain Cobalt Sulphate Market by Application, 2019 - 2022, USD Million
TABLE 78 Spain Cobalt Sulphate Market by Application, 2023 - 2030, USD Million
TABLE 79 Spain Cobalt Sulphate Market by Application, 2019 - 2022, Hundred Tonnes
TABLE 80 Spain Cobalt Sulphate Market by Application, 2023 - 2030, Hundred Tonnes
TABLE 81 Italy Cobalt Sulphate Market, 2019 - 2022, USD Million
TABLE 82 Italy Cobalt Sulphate Market, 2023 - 2030, USD Million
TABLE 83 Italy Cobalt Sulphate Market, 2019 - 2022, Hundred Tonnes
TABLE 84 Italy Cobalt Sulphate Market, 2023 - 2030, Hundred Tonnes
TABLE 85 Italy Cobalt Sulphate Market by Application, 2019 - 2022, USD Million
TABLE 86 Italy Cobalt Sulphate Market by Application, 2023 - 2030, USD Million
TABLE 87 Italy Cobalt Sulphate Market by Application, 2019 - 2022, Hundred Tonnes
TABLE 88 Italy Cobalt Sulphate Market by Application, 2023 - 2030, Hundred Tonnes
TABLE 89 Rest of Europe Cobalt Sulphate Market, 2019 - 2022, USD Million
TABLE 90 Rest of Europe Cobalt Sulphate Market, 2023 - 2030, USD Million
TABLE 91 Rest of Europe Cobalt Sulphate Market, 2019 - 2022, Hundred Tonnes
TABLE 92 Rest of Europe Cobalt Sulphate Market, 2023 - 2030, Hundred Tonnes
TABLE 93 Rest of Europe Cobalt Sulphate Market by Application, 2019 - 2022, USD Million
TABLE 94 Rest of Europe Cobalt Sulphate Market by Application, 2023 - 2030, USD Million
TABLE 95 Rest of Europe Cobalt Sulphate Market by Application, 2019 - 2022, Hundred Tonnes
TABLE 96 Rest of Europe Cobalt Sulphate Market by Application, 2023 - 2030, Hundred Tonnes
TABLE 97 Key Information – JERVOIS GLOBAL LIMITED
TABLE 98 Key Information – Shepherd Chemical Company
TABLE 99 Key Information – Nantong Xinwei Nickel & Cobalt Hightech Development CO., LTD.
TABLE 100 Key Information – Umicore NV-SA
TABLE 101 Key Information – Hunter Chemical, LLC
TABLE 102 Key Information – Incasa S.A
TABLE 103 Key Information – Freeport-McMoRan Inc.
TABLE 104 key Information – Merck KGaA

List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Cobalt Sulphate Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Cobalt Sulphate Market
FIG 4 Porter’s Five Forces Analysis – Cobalt Sulphate Market
FIG 5 Europe Cobalt Sulphate Market share by Application, 2022
FIG 6 Europe Cobalt Sulphate Market share by Application, 2030
FIG 7 Europe Cobalt Sulphate Market by Application, 2019 - 2030, USD Million
FIG 8 Europe Cobalt Sulphate Market share by Country, 2022
FIG 9 Europe Cobalt Sulphate Market share by Country, 2030
FIG 10 Europe Cobalt Sulphate Market by Country, 2019 - 2030, USD Million
FIG 11 Swot Analysis: Merck KGaA