Regional Analysis
Global Cobalt Oxalate Market Regional Insights
- Asia Pacific is the largest market for cobalt oxalate, accounting for a market share of over 40% in 2022. The market growth in this region is driven by the increasing demand for cobalt in the production of lithium-ion batteries and magnets. China is the largest market for cobalt oxalate in Asia Pacific, followed by India and South Korea.
- North America is the second-largest market for cobalt oxalate, accounting for a market share of over 25% in 2022. The market growth in this region is driven by the increasing demand for cobalt in the production of electric vehicles and wind turbines. The U.S.is the largest market for cobalt oxalate in North America, followed by Canada and Mexico.
- Europe is the third-largest market for cobalt oxalate, accounting for a market share of over 15% in 2022. The market share in this region is driven by the increasing demand for cobalt in the production of magnets and lithium-ion batteries. Germany is the largest market for cobalt oxalate in Europe, followed by France and Italy.
| Geographies covered: |
- North America: U.S. and Canada
- Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
- Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
- Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
- Middle East & Africa: GCC Countries, Israel, South Africa, North Africa, and Central Africa and Rest of Middle East
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