Insights on the Cobalt Global Market to 2027 - Featuring Carter Alloys, Coal India and Glencore Among Others - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Cobalt Market Research Report by Application, by End User, by Region - Global Forecast to 2027 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.

The Global Cobalt Market size was estimated at USD 7,647.94 million in 2020, is expected to reach USD 8,572.49 million in 2021, and is projected to grow at a CAGR of 12.45% to reach USD 17,393.70 million by 2027.

Competitive Strategic Window:

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Cobalt Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Cobalt Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Cobalt Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Cobalt Market?

4. What is the competitive strategic window for opportunities in the Global Cobalt Market?

5. What are the technology trends and regulatory frameworks in the Global Cobalt Market?

6. What is the market share of the leading vendors in the Global Cobalt Market?

7. What modes and strategic moves are considered suitable for entering the Global Cobalt Market?

Market Dynamics

Drivers

• Increasing demand for Lithium ion batteries in electric vehicles
• Favorable government initiatives to promote the use of electric automobile
• Rising application of cobalt in metallurgical sector

Restraints

• Health associated risks upon contact of cobalt dust such as asthma and shortness of breath

Opportunities

• Growing application in the production of cemented carbides to make hard alloys for construction and transportation industry
• Emerging demand from aerospace industry for aerospace engines

Challenges

• Strict regulatory mandates on the application of cobalt

Companies Mentioned

• A & C Metals - Sawing, Inc
• ALL METAL SALES, INC.
• Carter Alloys Co
• China Molybdenum Company Limited
• Coal India Limited
• Eramet Group
• Eurasian Resources Group S.a r.l.
• Ferralloy Inc.
• Freeport-McMoRan Inc
• Glencore PLC
• Gecamines SA
• Hindalco Industries Ltd
• Huayou Cobalt Co., Ltd
• Jinchuan Group Ltd.
• MISSOURI COBALT, LLC
• Sherritt International Corporation
• Sumitomo Metal Mining Co., Ltd.
• The Nornickel Group
• Umicore N.V
• Vale S.A
• Vedanta Resources Limited
• Yantai Cash Industrial Co Ltd

For more information about this report visit https://www.researchandmarkets.com/r/jch2y5