Cobalt Recycling Market 2018 Industry Size, Share, Trends, Demand, Business Growth, Revenue and 2025 Forecasts Report
Cobalt Recycling Market Global Industry Research report provides information regarding market share, size, and growth, segments, trends, and Cobalt Recycling Industry scenario during the forecast period 2018-2025.
December 11, 2018 /MarketersMedia/ —
The Cobalt Recycling Industry based on geographic classification is studied for industry analysis, size, share, growth, trends, segment, top company analysis, outlook, manufacturing cost structure, capacity, supplier and forecast to 2025. Along with the reports on the global aspect, these reports cater regional aspects as well as global for the organizations. The market size estimations have been provided in terms of value (USD million).
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Cobalt is a rare metal with extensive industrial Sources. Cobalt is used in electric battery, aircraft component and chemical industry as catalysts. More than half of known reserves of Cobalt are in Congo. Socio-political disturbances in Congo have made sourcing of the metal from countries mines difficult. Recycling Cobalt is being increasing seen as an alternative to directly sourcing it. Cobalt can be recovered from recyclable batteries and old equipments. Increasing demand for Li ion batteries is anticipated to be key driver for Cobalt recycling. Li ion batteries, which use cobalt, are used in electric batteries.
The technology to extract Cobalt from old batteries, equipment, hard materials and alloys is in its developing state and limited to very few countries. The market growth is restricted by technological challenges. However major Automobile companies are investing in R&D of Cobalt recycling technology, which is expect to bring impetus to the Cobalt recycling market.
The Asia Pacific segment of Cobalt Recycling accounted for the largest market share in 2017 and is expected to grow considerably during the projected period. Growing demand from Electric vehicle batteries market is expected to drive the regional Cobalt recycling market. Demand from Cobalt user industries is further expected to drive the market growth. North America is the second biggest Cobalt recycling market. Automobile companies have developed technology to extract cobalt from Li ion batteries. The regional Cobalt recycling market is expected to be driven by increasing in demand for electric vehicles.
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Some of the key players operating in this market include China Molybdenum, Glencore, Jinchuan Group International Resources Co. Ltd, Norilsk Nickel, Sherritt International and Vale S.A. among others.
Key benefits of the report:
• Global, Regional, Country, Source, and By Technology Market Size and Forecast from 2014-2025
• Detailed market dynamics, industry outlook with market specific PESTLE, Value Chain, Supply Chain, and SWOT Analysis to better understand the market and build strategies
• Identification of key companies that can influence this market on a global and regional scale
• Expert interviews and their insights on market shift, current and future outlook and factors impacting vendors short term and long term strategies
• Detailed insights on emerging regions, By Technology & Source, and competitive landscape with qualitative and quantitative information and facts
• Emerging technologies benefitting the market
Target Audience:
* Metal Recyclers
* Distributors
* Research and consulting firms
* Government and research organizations
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Research Methodology
The market is derived through extensive use of secondary, primary, in-house research followed by expert validation and third party perspective like analyst report of investment banks. The secondary research forms the base of our study where we conducted extensive data mining, referring to verified data sources such as government and regulatory published materials, technical journals, trade magazines, and paid data sources.
For forecasting, regional demand & supply factor, investment, market dynamics including technical scenario, consumer behavior, and end use industry trends and dynamics, capacity Production, spending were taken into consideration.
We have assigned weights to these parameters and quantified their market impacts using the weighted average analysis to derive the expected market growth rate.
The market estimates and forecasts have been verified through exhaustive primary research with the Key Industry Participants (KIPs) which typically include:
* Metal Recyclers
* Technical consulting companies
* Industry experts
TABLE OF CONTENT
1 Executive Summary
2 Methodology And Market Scope
3 Cobalt Recycling Market — Industry Outlook
4 Cobalt Recycling Market Source Outlook
5 Cobalt Recycling Market Regional Outlook
6 Competitive Landscape
End of the report
Disclaimer
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