Product Code: ETC196480 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
The Indonesia Cobalt Oxide Market is likely to experience consistent growth rate gains over the period 2025 to 2029. From 5.60% in 2025, the growth rate steadily ascends to 7.76% in 2029.
By 2027, the Cobalt Oxide market in Indonesia is anticipated to reach a growth rate of 6.63%, as part of an increasingly competitive Asia region, where China remains at the forefront, supported by India, Japan, Australia and South Korea, driving innovations and market adoption across sectors.
Indonesia cobalt oxide is a form of the element cobalt that occurs naturally in its oxide form. It is commonly used as an intense blue pigment, and it also has various industrial uses such as in glass-making or ceramics production. In Indonesia, the primary source of cobalt oxide is from lateritic nickel ore deposits which are mainly located in Sulawesi Island.
The demand for Indonesia cobalt oxide has seen steady growth over recent years due to increasing demand for lithium ion batteries used in electric vehicles and consumer electronics. Its use as a pigment has also grown significantly with the rise of digital printing which requires more vibrant colours than those achievable with alternative pigments like iron oxides or titanium dioxide. As a result, many companies have been investing heavily into research and development surrounding this material to better understand its unique properties and drive up its commercialization potential even further. On top of this, Indonesia growing economy has led to increased investment into its resource industries including mining operations extracting minerals like nickel ore where cobalt can be found alongside other metals like copper, manganese or magnesium.
Some major drivers for the Indonesia cobalt oxide market include rising demand from end-use industries such as automotive, consumer electronics & electrical equipment manufacturing; government initiatives towards electrification & renewable energy sources; cost advantages compared to alternatives; technological advancements in battery technology including higher performance capabilities; expanding global markets etc. For instance, China is one of the world?s largest producer & consumer countries when it comes to battery materials like cobalt making them an important target market for Indonesia producers given their large share on the global supply chain network overall. This being said there are still some challenges involved with doing business within these countries particularly related to taxes , tariffs & protectionism policies among others so firms should make sure they do adequate research before entering new markets overseas. Additionally , environmental regulations must be taken into consideration along with sustainability practices throughout every step of production processes.
The COVID-19 pandemic had an adverse impact on most economic sectors around the globe while some segments managed fairly well despite lockdowns & travel restrictions imposed by governments worldwide. When looking at how Indonesia Cobalt Oxide fared during 2025 , we find that sales decreased slightly due to disruptions caused by transportation issues causing delays across different stages of extraction / processing / trading operations collectively leading towards stockpiling concerns since buyers.
One major challenge facing companies operating in the Indonesia cobalt oxide market is meeting environmental regulations related to emissions and waste management. Companies need to ensure compliance with local environmental laws while also reducing their overall carbon footprint by opting for green production technologies such as recycling or using methods that reduce energy consumption levels. In addition, volatility in prices can be another issue for operators in Indonesia cobalt oxide sector as changes in cost could impact profitability or disrupt operations if not managed properly.
Some key players operating within Indonesia cobalt oxide market include PT Freeport Indonesia, Surya Ananta Mining Group Ltd., PT Weda Bay Nickel (WBN), and Cita Mineral Investindo Tbk (CITA).
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Indonesia Cobalt Oxide Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Cobalt Oxide Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Cobalt Oxide Market - Industry Life Cycle |
3.4 Indonesia Cobalt Oxide Market - Porter's Five Forces |
3.5 Indonesia Cobalt Oxide Market Revenues & Volume Share, By By Type, 2021 & 2031F |
3.6 Indonesia Cobalt Oxide Market Revenues & Volume Share, By By Application, 2021 & 2031F |
4 Indonesia Cobalt Oxide Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Cobalt Oxide Market Trends |
6 Indonesia Cobalt Oxide Market, By Types |
6.1 Indonesia Cobalt Oxide Market, By By Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Cobalt Oxide Market Revenues & Volume, By By Type, 2021-2031F |
6.1.3 Indonesia Cobalt Oxide Market Revenues & Volume, By Cobalt(II) oxide (cobaltous oxide), 2021-2031F |
6.1.4 Indonesia Cobalt Oxide Market Revenues & Volume, By CoO, 2021-2031F |
6.1.5 Indonesia Cobalt Oxide Market Revenues & Volume, By Cobalt(III) oxide (cobaltic oxide), 2021-2031F |
6.1.6 Indonesia Cobalt Oxide Market Revenues & Volume, By Co2O3, 2021-2031F |
6.1.7 Indonesia Cobalt Oxide Market Revenues & Volume, By Cobalt(II,III) oxide, 2021-2031F |
6.1.8 Indonesia Cobalt Oxide Market Revenues & Volume, By Co3O4, 2021-2031F |
6.2 Indonesia Cobalt Oxide Market, By By Application |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Cobalt Oxide Market Revenues & Volume, By Lithium-ion Battery, 2021-2031F |
6.2.3 Indonesia Cobalt Oxide Market Revenues & Volume, By Varistor, 2021-2031F |
6.2.4 Indonesia Cobalt Oxide Market Revenues & Volume, By Hard Alloy, 2021-2031F |
6.2.5 Indonesia Cobalt Oxide Market Revenues & Volume, By Catalyst, 2021-2031F |
6.2.6 Indonesia Cobalt Oxide Market Revenues & Volume, By Other, 2021-2031F |
7 Indonesia Cobalt Oxide Market Import-Export Trade Statistics |
7.1 Indonesia Cobalt Oxide Market Export to Major Countries |
7.2 Indonesia Cobalt Oxide Market Imports from Major Countries |
8 Indonesia Cobalt Oxide Market Key Performance Indicators |
9 Indonesia Cobalt Oxide Market - Opportunity Assessment |
9.1 Indonesia Cobalt Oxide Market Opportunity Assessment, By By Type, 2021 & 2031F |
9.2 Indonesia Cobalt Oxide Market Opportunity Assessment, By By Application, 2021 & 2031F |
10 Indonesia Cobalt Oxide Market - Competitive Landscape |
10.1 Indonesia Cobalt Oxide Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Cobalt Oxide Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |