The global cobalt market size was valued at approximately USD 16.96 billion in 2024 and is projected to grow significantly, reaching a value of around USD 25.91 billion by 2030. This anticipated expansion reflects a compound annual growth rate (CAGR) of 6.7% from 2025 to 2030. One of the major driving forces behind this market growth is the increasing global production and adoption of electric...

"Comprehensive Outlook on Executive Summary Cobalt Market Size and Share Global cobalt market size was valued at USD 12.42 billion in 2024 and is projected to reach USD 32.78 billion by 2032, with a CAGR of 12.90% during the forecast period of 2025 to 2032. Cobalt Market research report unearths different industry verticals such as company profile, contact details of manufacturer,...

"Regional Overview of Executive Summary Cobalt Market by Size and Share Global cobalt market size was valued at USD 12.42 billion in 2024 and is projected to reach USD 32.78 billion by 2032, with a CAGR of 12.90% during the forecast period of 2025 to 2032. With the superior Cobalt Market report, get knowledge about the industry which explains what market definition, classifications,...

Global Cobalt Market – Comprehensive Insights and Forecast 1. Introduction The global cobalt market has gained immense significance in recent years due to its vital role in powering the clean energy transition and supporting technological advancements. Known primarily for its use in rechargeable batteries, cobalt is a critical mineral fueling industries such as electric vehicles...