| Product Code: ETC4873821 | Publication Date: Nov 2023 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2023, Gabon saw a surge in cobalt carbonate import shipments, with top exporters being Germany, India, Japan, China, and other areas. The market remained highly concentrated, with a high Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) of 52.65% indicates rapid expansion, while the growth rate of 23.57% signifies sustained momentum. This data suggests a robust demand for cobalt carbonate in Gabon, with key players from around the world contributing to the country`s import market landscape.

The Gabon Cobalt Carbonate Market is part of the broader cobalt market, which is driven by demand for cobalt in various applications, including batteries, electronics, and catalysts. Cobalt carbonate is an essential precursor in the production of cobalt-based materials. As the global demand for electric vehicles (EVs) and renewable energy storage solutions increases, Gabons role as a significant supplier of cobalt and its derivatives, including cobalt carbonate, is expected to grow. The mining and processing of cobalt in Gabon will continue to be a vital industry, contributing to the countrys economic development.
The Gabon cobalt carbonate market is primarily driven by the growing demand for cobalt in the production of rechargeable batteries, especially for electric vehicles and portable electronics. As global electric vehicle sales continue to rise, the demand for cobalt, which is a key component in lithium-ion batteries, has surged. Gabons rich cobalt deposits and its strategic position as a supplier of this valuable resource are enhancing the country`s role in the global cobalt market.
The cobalt carbonate market in Gabon is impacted by limited local mining and refining capabilities. Gabon relies heavily on exports of raw materials, which limits the ability to create a value-added industry for cobalt-based products. Fluctuating global demand for cobalt also affects the market.
Gabon is fostering the growth of its cobalt carbonate market through policies aimed at supporting mining and refining activities. The government is prioritizing the development of value chains to ensure that extracted minerals contribute to local economic development.
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 Gabon Cobalt Carbonate Market Overview |
3.1 Gabon Country Macro Economic Indicators |
3.2 Gabon Cobalt Carbonate Market Revenues & Volume, 2021 & 2031F |
3.3 Gabon Cobalt Carbonate Market - Industry Life Cycle |
3.4 Gabon Cobalt Carbonate Market - Porter's Five Forces |
3.5 Gabon Cobalt Carbonate Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Gabon Cobalt Carbonate Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Gabon Cobalt Carbonate Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Gabon Cobalt Carbonate Market Revenues & Volume Share, By Industry Vertical, 2021 & 2031F |
4 Gabon Cobalt Carbonate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Gabon Cobalt Carbonate Market Trends |
6 Gabon Cobalt Carbonate Market Segmentations |
6.1 Gabon Cobalt Carbonate Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Gabon Cobalt Carbonate Market Revenues & Volume, By Natural, 2021-2031F |
6.1.3 Gabon Cobalt Carbonate Market Revenues & Volume, By Synthetic, 2021-2031F |
6.2 Gabon Cobalt Carbonate Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Gabon Cobalt Carbonate Market Revenues & Volume, By Wet Solid, 2021-2031F |
6.2.3 Gabon Cobalt Carbonate Market Revenues & Volume, By Dry Powder, 2021-2031F |
6.3 Gabon Cobalt Carbonate Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Gabon Cobalt Carbonate Market Revenues & Volume, By Paint Additives, 2021-2031F |
6.3.3 Gabon Cobalt Carbonate Market Revenues & Volume, By Chemical Intermediates, 2021-2031F |
6.3.4 Gabon Cobalt Carbonate Market Revenues & Volume, By Pigments, 2021-2031F |
6.3.5 Gabon Cobalt Carbonate Market Revenues & Volume, By Coatings, 2021-2031F |
6.3.6 Gabon Cobalt Carbonate Market Revenues & Volume, By Others, 2021-2031F |
6.4 Gabon Cobalt Carbonate Market, By Industry Vertical |
6.4.1 Overview and Analysis |
6.4.2 Gabon Cobalt Carbonate Market Revenues & Volume, By Chemical, 2021-2031F |
6.4.3 Gabon Cobalt Carbonate Market Revenues & Volume, By Automotive, 2021-2031F |
6.4.4 Gabon Cobalt Carbonate Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.4.5 Gabon Cobalt Carbonate Market Revenues & Volume, By Agricultural, 2021-2031F |
6.4.6 Gabon Cobalt Carbonate Market Revenues & Volume, By Others, 2021-2031F |
7 Gabon Cobalt Carbonate Market Import-Export Trade Statistics |
7.1 Gabon Cobalt Carbonate Market Export to Major Countries |
7.2 Gabon Cobalt Carbonate Market Imports from Major Countries |
8 Gabon Cobalt Carbonate Market Key Performance Indicators |
9 Gabon Cobalt Carbonate Market - Opportunity Assessment |
9.1 Gabon Cobalt Carbonate Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Gabon Cobalt Carbonate Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 Gabon Cobalt Carbonate Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Gabon Cobalt Carbonate Market Opportunity Assessment, By Industry Vertical, 2021 & 2031F |
10 Gabon Cobalt Carbonate Market - Competitive Landscape |
10.1 Gabon Cobalt Carbonate Market Revenue Share, By Companies, 2024 |
10.2 Gabon Cobalt Carbonate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |