Global Cobalt Supply, Demand and Key Producers, 2024-2030
Page: 104
Published Date: 21 Feb 2024
Category: Chemical & Material
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- Description
- Table of Contents
- Table of Figures
- Research Methodology
- Companies Mentioned
- Related Reports
- Product Tags
Description
The global Cobalt market size is expected to reach $ million by 2030, rising at a market growth of % CAGR during the forecast period (2024-2030).
In China, Cobalt key players include Green Eco-Manufacturer, Jinchuan Group, Hanrui Cobalt, Nantong Xinwei Nickel & Cobalt, Yantai CASH Industrial, etc.
In terms of product, Electrolytic Cobalt is the largest segment of Cobalt, with a share about 65%. And in terms of application, the largest application is Cobalt-based Alloys, followed by Permanent Magnetic Materials.
Cobalt is a hard, lustrous, silver-gray metal. It is found only in chemically combined form in the Earth's crust, so cobalt metal is extracted by human from cobalt ore.
This report studies the global Cobalt production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Cobalt, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2023 as the base year. This report explores demand trends and competition, as well as details the characteristics of Cobalt that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Cobalt total production and demand, 2019-2030, (MT)
Global Cobalt total production value, 2019-2030, (USD Million)
Global Cobalt production by region & country, production, value, CAGR, 2019-2030, (USD Million) & (MT)
Global Cobalt consumption by region & country, CAGR, 2019-2030 & (MT)
U.S. VS China: Cobalt domestic production, consumption, key domestic manufacturers and share
Global Cobalt production by manufacturer, production, price, value and market share 2019-2024, (USD Million) & (MT)
Global Cobalt production by Type, production, value, CAGR, 2019-2030, (USD Million) & (MT)
Global Cobalt production by Application production, value, CAGR, 2019-2030, (USD Million) & (MT).
This reports profiles key players in the global Cobalt market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Green Eco-Manufacturer, Jinchuan Group, Hanrui Cobalt, Nantong Xinwei Nickel & Cobalt, Yantai CASH Industrial, Umicore and Shandong Jinling Mining, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Cobalt market.
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (MT) and average price (USD/MT) by manufacturer, by Type, and by Application. Data is given for the years 2019-2030 by year with 2023 as the base year, 2024 as the estimate year, and 2025-2030 as the forecast year.
Global Cobalt Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Cobalt Market, Segmentation by Type
Electrolytic Cobalt
Cobalt Powder
Global Cobalt Market, Segmentation by Application
Cobalt-based Alloys
Permanent Magnetic Materials
Catalyst
Others
Companies Profiled:
Green Eco-Manufacturer
Jinchuan Group
Hanrui Cobalt
Nantong Xinwei Nickel & Cobalt
Yantai CASH Industrial
Umicore
Shandong Jinling Mining
Key Questions Answered
1. How big is the global Cobalt market?
2. What is the demand of the global Cobalt market?
3. What is the year over year growth of the global Cobalt market?
4. What is the production and production value of the global Cobalt market?
5. Who are the key producers in the global Cobalt market?
Table of Contents
1 Supply Summary
1.1 Cobalt Introduction
1.2 World Cobalt Supply & Forecast
1.2.1 World Cobalt Production Value (2019 & 2023 & 2030)
1.2.2 World Cobalt Production (2019-2030)
1.2.3 World Cobalt Pricing Trends (2019-2030)
1.3 World Cobalt Production by Region (Based on Production Site)
1.3.1 World Cobalt Production Value by Region (2019-2030)
1.3.2 World Cobalt Production by Region (2019-2030)
1.3.3 World Cobalt Average Price by Region (2019-2030)
1.3.4 China Cobalt Production (2019-2030)
1.4 Market Drivers, Restraints and Trends
1.4.1 Cobalt Market Drivers
1.4.2 Factors Affecting Demand
1.4.3 Cobalt Major Market Trends
2 Demand Summary
2.1 World Cobalt Demand (2019-2030)
2.2 World Cobalt Consumption by Region
2.2.1 World Cobalt Consumption by Region (2019-2024)
2.2.2 World Cobalt Consumption Forecast by Region (2025-2030)
2.3 United States Cobalt Consumption (2019-2030)
2.4 China Cobalt Consumption (2019-2030)
2.5 Europe Cobalt Consumption (2019-2030)
2.6 Japan Cobalt Consumption (2019-2030)
2.7 South Korea Cobalt Consumption (2019-2030)
2.8 ASEAN Cobalt Consumption (2019-2030)
2.9 India Cobalt Consumption (2019-2030)
3 World Cobalt Manufacturers Competitive Analysis
3.1 World Cobalt Production Value by Manufacturer (2019-2024)
3.2 World Cobalt Production by Manufacturer (2019-2024)
3.3 World Cobalt Average Price by Manufacturer (2019-2024)
3.4 Cobalt Company Evaluation Quadrant
3.5 Industry Rank and Concentration Rate (CR)
3.5.1 Global Cobalt Industry Rank of Major Manufacturers
3.5.2 Global Concentration Ratios (CR4) for Cobalt in 2023
3.5.3 Global Concentration Ratios (CR8) for Cobalt in 2023
3.6 Cobalt Market: Overall Company Footprint Analysis
3.6.1 Cobalt Market: Region Footprint
3.6.2 Cobalt Market: Company Product Type Footprint
3.6.3 Cobalt Market: Company Product Application Footprint
3.7 Competitive Environment
3.7.1 Historical Structure of the Industry
3.7.2 Barriers of Market Entry
3.7.3 Factors of Competition
3.8 New Entrant and Capacity Expansion Plans
3.9 Mergers, Acquisition, Agreements, and Collaborations
4 United States VS China VS Rest of the World
4.1 United States VS China: Cobalt Production Value Comparison
4.1.1 United States VS China: Cobalt Production Value Comparison (2019 & 2023 & 2030)
4.1.2 United States VS China: Cobalt Production Value Market Share Comparison (2019 & 2023 & 2030)
4.2 United States VS China: Cobalt Production Comparison
4.2.1 United States VS China: Cobalt Production Comparison (2019 & 2023 & 2030)
4.2.2 United States VS China: Cobalt Production Market Share Comparison (2019 & 2023 & 2030)
4.3 United States VS China: Cobalt Consumption Comparison
4.3.1 United States VS China: Cobalt Consumption Comparison (2019 & 2023 & 2030)
4.3.2 United States VS China: Cobalt Consumption Market Share Comparison (2019 & 2023 & 2030)
4.4 United States Based Cobalt Manufacturers and Market Share, 2019-2024
4.4.1 United States Based Cobalt Manufacturers, Headquarters and Production Site (States, Country)
4.4.2 United States Based Manufacturers Cobalt Production Value (2019-2024)
4.4.3 United States Based Manufacturers Cobalt Production (2019-2024)
4.5 China Based Cobalt Manufacturers and Market Share
4.5.1 China Based Cobalt Manufacturers, Headquarters and Production Site (Province, Country)
4.5.2 China Based Manufacturers Cobalt Production Value (2019-2024)
4.5.3 China Based Manufacturers Cobalt Production (2019-2024)
4.6 Rest of World Based Cobalt Manufacturers and Market Share, 2019-2024
4.6.1 Rest of World Based Cobalt Manufacturers, Headquarters and Production Site (State, Country)
4.6.2 Rest of World Based Manufacturers Cobalt Production Value (2019-2024)
4.6.3 Rest of World Based Manufacturers Cobalt Production (2019-2024)
5 Market Analysis by Type
5.1 World Cobalt Market Size Overview by Type: 2019 VS 2023 VS 2030
5.2 Segment Introduction by Type
5.2.1 Electrolytic Cobalt
5.2.2 Cobalt Powder
5.3 Market Segment by Type
5.3.1 World Cobalt Production by Type (2019-2030)
5.3.2 World Cobalt Production Value by Type (2019-2030)
5.3.3 World Cobalt Average Price by Type (2019-2030)
6 Market Analysis by Application
6.1 World Cobalt Market Size Overview by Application: 2019 VS 2023 VS 2030
6.2 Segment Introduction by Application
6.2.1 Cobalt-based Alloys
6.2.2 Permanent Magnetic Materials
6.2.3 Catalyst
6.2.4 Others
6.3 Market Segment by Application
6.3.1 World Cobalt Production by Application (2019-2030)
6.3.2 World Cobalt Production Value by Application (2019-2030)
6.3.3 World Cobalt Average Price by Application (2019-2030)
7 Company Profiles
7.1 Green Eco-Manufacturer
7.1.1 Green Eco-Manufacturer Details
7.1.2 Green Eco-Manufacturer Major Business
7.1.3 Green Eco-Manufacturer Cobalt Product and Services
7.1.4 Green Eco-Manufacturer Cobalt Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.1.5 Green Eco-Manufacturer Recent Developments/Updates
7.1.6 Green Eco-Manufacturer Competitive Strengths & Weaknesses
7.2 Jinchuan Group
7.2.1 Jinchuan Group Details
7.2.2 Jinchuan Group Major Business
7.2.3 Jinchuan Group Cobalt Product and Services
7.2.4 Jinchuan Group Cobalt Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.2.5 Jinchuan Group Recent Developments/Updates
7.2.6 Jinchuan Group Competitive Strengths & Weaknesses
7.3 Hanrui Cobalt
7.3.1 Hanrui Cobalt Details
7.3.2 Hanrui Cobalt Major Business
7.3.3 Hanrui Cobalt Cobalt Product and Services
7.3.4 Hanrui Cobalt Cobalt Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.3.5 Hanrui Cobalt Recent Developments/Updates
7.3.6 Hanrui Cobalt Competitive Strengths & Weaknesses
7.4 Nantong Xinwei Nickel & Cobalt
7.4.1 Nantong Xinwei Nickel & Cobalt Details
7.4.2 Nantong Xinwei Nickel & Cobalt Major Business
7.4.3 Nantong Xinwei Nickel & Cobalt Cobalt Product and Services
7.4.4 Nantong Xinwei Nickel & Cobalt Cobalt Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.4.5 Nantong Xinwei Nickel & Cobalt Recent Developments/Updates
7.4.6 Nantong Xinwei Nickel & Cobalt Competitive Strengths & Weaknesses
7.5 Yantai CASH Industrial
7.5.1 Yantai CASH Industrial Details
7.5.2 Yantai CASH Industrial Major Business
7.5.3 Yantai CASH Industrial Cobalt Product and Services
7.5.4 Yantai CASH Industrial Cobalt Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.5.5 Yantai CASH Industrial Recent Developments/Updates
7.5.6 Yantai CASH Industrial Competitive Strengths & Weaknesses
7.6 Umicore
7.6.1 Umicore Details
7.6.2 Umicore Major Business
7.6.3 Umicore Cobalt Product and Services
7.6.4 Umicore Cobalt Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.6.5 Umicore Recent Developments/Updates
7.6.6 Umicore Competitive Strengths & Weaknesses
7.7 Shandong Jinling Mining
7.7.1 Shandong Jinling Mining Details
7.7.2 Shandong Jinling Mining Major Business
7.7.3 Shandong Jinling Mining Cobalt Product and Services
7.7.4 Shandong Jinling Mining Cobalt Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.7.5 Shandong Jinling Mining Recent Developments/Updates
7.7.6 Shandong Jinling Mining Competitive Strengths & Weaknesses
8 Industry Chain Analysis
8.1 Cobalt Industry Chain
8.2 Cobalt Upstream Analysis
8.2.1 Cobalt Core Raw Materials
8.2.2 Main Manufacturers of Cobalt Core Raw Materials
8.3 Midstream Analysis
8.4 Downstream Analysis
8.5 Cobalt Production Mode
8.6 Cobalt Procurement Model
8.7 Cobalt Industry Sales Model and Sales Channels
8.7.1 Cobalt Sales Model
8.7.2 Cobalt Typical Customers
9 Research Findings and Conclusion
10 Appendix
10.1 Methodology
10.2 Research Process and Data Source
10.3 Disclaimer
Table of Figures
List of Tables
Table 1. World Cobalt Production Value by Region (2019, 2023 and 2030) & (USD Million)
Table 2. World Cobalt Production Value by Region (2019-2024) & (USD Million)
Table 3. World Cobalt Production Value by Region (2025-2030) & (USD Million)
Table 4. World Cobalt Production Value Market Share by Region (2019-2024)
Table 5. World Cobalt Production Value Market Share by Region (2025-2030)
Table 6. World Cobalt Production by Region (2019-2024) & (MT)
Table 7. World Cobalt Production by Region (2025-2030) & (MT)
Table 8. World Cobalt Production Market Share by Region (2019-2024)
Table 9. World Cobalt Production Market Share by Region (2025-2030)
Table 10. World Cobalt Average Price by Region (2019-2024) & (USD/MT)
Table 11. World Cobalt Average Price by Region (2025-2030) & (USD/MT)
Table 12. Cobalt Major Market Trends
Table 13. World Cobalt Consumption Growth Rate Forecast by Region (2019 & 2023 & 2030) & (MT)
Table 14. World Cobalt Consumption by Region (2019-2024) & (MT)
Table 15. World Cobalt Consumption Forecast by Region (2025-2030) & (MT)
Table 16. World Cobalt Production Value by Manufacturer (2019-2024) & (USD Million)
Table 17. Production Value Market Share of Key Cobalt Producers in 2023
Table 18. World Cobalt Production by Manufacturer (2019-2024) & (MT)
Table 19. Production Market Share of Key Cobalt Producers in 2023
Table 20. World Cobalt Average Price by Manufacturer (2019-2024) & (USD/MT)
Table 21. Global Cobalt Company Evaluation Quadrant
Table 22. World Cobalt Industry Rank of Major Manufacturers, Based on Production Value in 2023
Table 23. Head Office and Cobalt Production Site of Key Manufacturer
Table 24. Cobalt Market: Company Product Type Footprint
Table 25. Cobalt Market: Company Product Application Footprint
Table 26. Cobalt Competitive Factors
Table 27. Cobalt New Entrant and Capacity Expansion Plans
Table 28. Cobalt Mergers & Acquisitions Activity
Table 29. United States VS China Cobalt Production Value Comparison, (2019 & 2023 & 2030) & (USD Million)
Table 30. United States VS China Cobalt Production Comparison, (2019 & 2023 & 2030) & (MT)
Table 31. United States VS China Cobalt Consumption Comparison, (2019 & 2023 & 2030) & (MT)
Table 32. United States Based Cobalt Manufacturers, Headquarters and Production Site (States, Country)
Table 33. United States Based Manufacturers Cobalt Production Value, (2019-2024) & (USD Million)
Table 34. United States Based Manufacturers Cobalt Production Value Market Share (2019-2024)
Table 35. United States Based Manufacturers Cobalt Production (2019-2024) & (MT)
Table 36. United States Based Manufacturers Cobalt Production Market Share (2019-2024)
Table 37. China Based Cobalt Manufacturers, Headquarters and Production Site (Province, Country)
Table 38. China Based Manufacturers Cobalt Production Value, (2019-2024) & (USD Million)
Table 39. China Based Manufacturers Cobalt Production Value Market Share (2019-2024)
Table 40. China Based Manufacturers Cobalt Production (2019-2024) & (MT)
Table 41. China Based Manufacturers Cobalt Production Market Share (2019-2024)
Table 42. Rest of World Based Cobalt Manufacturers, Headquarters and Production Site (States, Country)
Table 43. Rest of World Based Manufacturers Cobalt Production Value, (2019-2024) & (USD Million)
Table 44. Rest of World Based Manufacturers Cobalt Production Value Market Share (2019-2024)
Table 45. Rest of World Based Manufacturers Cobalt Production (2019-2024) & (MT)
Table 46. Rest of World Based Manufacturers Cobalt Production Market Share (2019-2024)
Table 47. World Cobalt Production Value by Type, (USD Million), 2019 & 2023 & 2030
Table 48. World Cobalt Production by Type (2019-2024) & (MT)
Table 49. World Cobalt Production by Type (2025-2030) & (MT)
Table 50. World Cobalt Production Value by Type (2019-2024) & (USD Million)
Table 51. World Cobalt Production Value by Type (2025-2030) & (USD Million)
Table 52. World Cobalt Average Price by Type (2019-2024) & (USD/MT)
Table 53. World Cobalt Average Price by Type (2025-2030) & (USD/MT)
Table 54. World Cobalt Production Value by Application, (USD Million), 2019 & 2023 & 2030
Table 55. World Cobalt Production by Application (2019-2024) & (MT)
Table 56. World Cobalt Production by Application (2025-2030) & (MT)
Table 57. World Cobalt Production Value by Application (2019-2024) & (USD Million)
Table 58. World Cobalt Production Value by Application (2025-2030) & (USD Million)
Table 59. World Cobalt Average Price by Application (2019-2024) & (USD/MT)
Table 60. World Cobalt Average Price by Application (2025-2030) & (USD/MT)
Table 61. Green Eco-Manufacturer Basic Information, Manufacturing Base and Competitors
Table 62. Green Eco-Manufacturer Major Business
Table 63. Green Eco-Manufacturer Cobalt Product and Services
Table 64. Green Eco-Manufacturer Cobalt Production (MT), Price (USD/MT), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 65. Green Eco-Manufacturer Recent Developments/Updates
Table 66. Green Eco-Manufacturer Competitive Strengths & Weaknesses
Table 67. Jinchuan Group Basic Information, Manufacturing Base and Competitors
Table 68. Jinchuan Group Major Business
Table 69. Jinchuan Group Cobalt Product and Services
Table 70. Jinchuan Group Cobalt Production (MT), Price (USD/MT), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 71. Jinchuan Group Recent Developments/Updates
Table 72. Jinchuan Group Competitive Strengths & Weaknesses
Table 73. Hanrui Cobalt Basic Information, Manufacturing Base and Competitors
Table 74. Hanrui Cobalt Major Business
Table 75. Hanrui Cobalt Cobalt Product and Services
Table 76. Hanrui Cobalt Cobalt Production (MT), Price (USD/MT), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 77. Hanrui Cobalt Recent Developments/Updates
Table 78. Hanrui Cobalt Competitive Strengths & Weaknesses
Table 79. Nantong Xinwei Nickel & Cobalt Basic Information, Manufacturing Base and Competitors
Table 80. Nantong Xinwei Nickel & Cobalt Major Business
Table 81. Nantong Xinwei Nickel & Cobalt Cobalt Product and Services
Table 82. Nantong Xinwei Nickel & Cobalt Cobalt Production (MT), Price (USD/MT), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 83. Nantong Xinwei Nickel & Cobalt Recent Developments/Updates
Table 84. Nantong Xinwei Nickel & Cobalt Competitive Strengths & Weaknesses
Table 85. Yantai CASH Industrial Basic Information, Manufacturing Base and Competitors
Table 86. Yantai CASH Industrial Major Business
Table 87. Yantai CASH Industrial Cobalt Product and Services
Table 88. Yantai CASH Industrial Cobalt Production (MT), Price (USD/MT), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 89. Yantai CASH Industrial Recent Developments/Updates
Table 90. Yantai CASH Industrial Competitive Strengths & Weaknesses
Table 91. Umicore Basic Information, Manufacturing Base and Competitors
Table 92. Umicore Major Business
Table 93. Umicore Cobalt Product and Services
Table 94. Umicore Cobalt Production (MT), Price (USD/MT), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 95. Umicore Recent Developments/Updates
Table 96. Shandong Jinling Mining Basic Information, Manufacturing Base and Competitors
Table 97. Shandong Jinling Mining Major Business
Table 98. Shandong Jinling Mining Cobalt Product and Services
Table 99. Shandong Jinling Mining Cobalt Production (MT), Price (USD/MT), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 100. Global Key Players of Cobalt Upstream (Raw Materials)
Table 101. Cobalt Typical Customers
Table 102. Cobalt Typical Distributors
List of Figure
Figure 1. Cobalt Picture
Figure 2. World Cobalt Production Value: 2019 & 2023 & 2030, (USD Million)
Figure 3. World Cobalt Production Value and Forecast (2019-2030) & (USD Million)
Figure 4. World Cobalt Production (2019-2030) & (MT)
Figure 5. World Cobalt Average Price (2019-2030) & (USD/MT)
Figure 6. World Cobalt Production Value Market Share by Region (2019-2030)
Figure 7. World Cobalt Production Market Share by Region (2019-2030)
Figure 8. China Cobalt Production (2019-2030) & (MT)
Figure 9. Cobalt Market Drivers
Figure 10. Factors Affecting Demand
Figure 11. World Cobalt Consumption (2019-2030) & (MT)
Figure 12. World Cobalt Consumption Market Share by Region (2019-2030)
Figure 13. United States Cobalt Consumption (2019-2030) & (MT)
Figure 14. China Cobalt Consumption (2019-2030) & (MT)
Figure 15. Europe Cobalt Consumption (2019-2030) & (MT)
Figure 16. Japan Cobalt Consumption (2019-2030) & (MT)
Figure 17. South Korea Cobalt Consumption (2019-2030) & (MT)
Figure 18. ASEAN Cobalt Consumption (2019-2030) & (MT)
Figure 19. India Cobalt Consumption (2019-2030) & (MT)
Figure 20. Producer Shipments of Cobalt by Manufacturer Revenue ($MM) and Market Share (%): 2023
Figure 21. Global Four-firm Concentration Ratios (CR4) for Cobalt Markets in 2023
Figure 22. Global Four-firm Concentration Ratios (CR8) for Cobalt Markets in 2023
Figure 23. United States VS China: Cobalt Production Value Market Share Comparison (2019 & 2023 & 2030)
Figure 24. United States VS China: Cobalt Production Market Share Comparison (2019 & 2023 & 2030)
Figure 25. United States VS China: Cobalt Consumption Market Share Comparison (2019 & 2023 & 2030)
Figure 26. United States Based Manufacturers Cobalt Production Market Share 2023
Figure 27. China Based Manufacturers Cobalt Production Market Share 2023
Figure 28. Rest of World Based Manufacturers Cobalt Production Market Share 2023
Figure 29. World Cobalt Production Value by Type, (USD Million), 2019 & 2023 & 2030
Figure 30. World Cobalt Production Value Market Share by Type in 2023
Figure 31. Electrolytic Cobalt
Figure 32. Cobalt Powder
Figure 33. World Cobalt Production Market Share by Type (2019-2030)
Figure 34. World Cobalt Production Value Market Share by Type (2019-2030)
Figure 35. World Cobalt Average Price by Type (2019-2030) & (USD/MT)
Figure 36. World Cobalt Production Value by Application, (USD Million), 2019 & 2023 & 2030
Figure 37. World Cobalt Production Value Market Share by Application in 2023
Figure 38. Cobalt-based Alloys
Figure 39. Permanent Magnetic Materials
Figure 40. Catalyst
Figure 41. Others
Figure 42. World Cobalt Production Market Share by Application (2019-2030)
Figure 43. World Cobalt Production Value Market Share by Application (2019-2030)
Figure 44. World Cobalt Average Price by Application (2019-2030) & (USD/MT)
Figure 45. Cobalt Industry Chain
Figure 46. Cobalt Procurement Model
Figure 47. Cobalt Sales Model
Figure 48. Cobalt Sales Channels, Direct Sales, and Distribution
Figure 49. Methodology
Figure 50. Research Process and Data Source
Research Methodology
Client Requirements
Review and analyze client requirements
Discussion of all the project requirements and queries
Flexibility Check
Project Feasibility Analysis
Finalizing tentative research programme
Structuring project proposal with scope, timeline, and costs
Analyzing Market Dynamics
Determination of key drivers, restraints, challenge, and opportunity
Identifies market needs and trends
Market Size Estimation & Forecast
Estimation of historical data based on secondary and primary data
Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)
Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies
Consideration of geography, region-specific product/service demand for region segments
Consideration of product utilization rates, product demand outlook for segments by application or end-user.
Data Source
Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports,
paid database, press releases, blogs, newsletters,and GIR repositories.
Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts
to verify insights.
Validation
and
triangulation of
secondary and primary source.
Collection of data
Cumulating and collating the essential qualitative and quantitative data
Generation of report in client requested format by research analysts
Reviews by expert analysts
Final quality check
Clarifying queries
Receiving feedback
Ensuring satisfaction
01 Identification of data
This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.
02 Evaluation of Market Dynamic
This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.
03 Collection of Data
This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.
04 Collaboration of Data
This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.
05 Verification and Analysis
This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.
Companies Mentioned
Green Eco-Manufacturer Jinchuan Group Hanrui Cobalt Nantong Xinwei Nickel & Cobalt Yantai CASH Industrial Umicore Shandong Jinling Mining
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