| Product Code: ETC209916 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 |
The India cobalt silicide market import shipment experienced a slight decline with a negative CAGR from 2020-2024. The growth rate between 2023 and 2024 notably decreased, indicating a further slowdown in market expansion. Overall, the market trend shows a gradual deceleration during this period.
The India cobalt silicide market has shown steady growth due to its applications in the electronics and semiconductor industries. Cobalt silicide is a compound formed by the reaction of cobalt and silicon, and it is used as a contact material in integrated circuits and other electronic devices. Its excellent electrical properties, such as low resistivity and good thermal stability, make it a valuable component in microelectronics. The increasing demand from the electronics and semiconductor sectors has contributed to the expansion of the cobalt silicide market in India.
Several factors drive the growth of the cobalt silicide market in India. Firstly, the rapidly evolving electronics industry`s demand for miniaturized and high-performance devices has increased the use of cobalt silicide in integrated circuits. Secondly, the semiconductor industry`s focus on advanced materials for efficient and reliable device manufacturing has further boosted its consumption. Additionally, the growing adoption of cobalt silicide in research and development for next-generation technologies drives market growth.
Despite its positive outlook, the cobalt silicide market in India faces certain challenges. One of the significant challenges is the complexity of manufacturing processes and the need for stringent quality control in electronic device fabrication. The precise deposition of cobalt silicide films and compatibility with other materials are critical for ensuring device reliability. Moreover, the availability and cost of high-purity cobalt and silicon precursors impact production costs and can influence market competitiveness.
The Covid-19 pandemic had varying effects on the cobalt silicide market in India. While the initial disruptions in supply chains and manufacturing activities posed challenges, certain industries, such as electronics and semiconductor, experienced increased demand for devices used in remote working and communication during lockdowns. The overall impact on the market was dependent on specific industry requirements and the economic situation during the pandemic.
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 India Cobalt Silicide Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Cobalt Silicide Market Revenues & Volume, 2021 & 2031F |
3.3 India Cobalt Silicide Market - Industry Life Cycle |
3.4 India Cobalt Silicide Market - Porter's Five Forces |
3.5 India Cobalt Silicide Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Cobalt Silicide Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Cobalt Silicide Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for cobalt silicide in the electronics industry for manufacturing of semiconductors and integrated circuits. |
4.2.2 Growing investments in research and development activities for the advancement of cobalt silicide technologies. |
4.2.3 Government initiatives promoting the use of cobalt silicide in renewable energy applications. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in the production of cobalt silicide. |
4.3.2 Stringent regulations and environmental concerns related to the mining and processing of cobalt. |
4.3.3 Intense competition from alternative materials with similar properties. |
5 India Cobalt Silicide Market Trends |
6 India Cobalt Silicide Market, By Types |
6.1 India Cobalt Silicide Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Cobalt Silicide Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Cobalt Silicide Market Revenues & Volume, By Purity 99%, 2021-2031F |
6.1.4 India Cobalt Silicide Market Revenues & Volume, By Purity 99.9%, 2021-2031F |
6.1.5 India Cobalt Silicide Market Revenues & Volume, By Purity 99.99%, 2021-2031F |
6.1.6 India Cobalt Silicide Market Revenues & Volume, By Purity 99.999%, 2021-2031F |
6.1.7 India Cobalt Silicide Market Revenues & Volume, By Others, 2021-2031F |
6.2 India Cobalt Silicide Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Cobalt Silicide Market Revenues & Volume, By Laboratory, 2021-2031F |
6.2.3 India Cobalt Silicide Market Revenues & Volume, By Chemical Industry, 2021-2031F |
6.2.4 India Cobalt Silicide Market Revenues & Volume, By Industrial Application, 2021-2031F |
6.2.5 India Cobalt Silicide Market Revenues & Volume, By Semiconductor, 2021-2031F |
6.2.6 India Cobalt Silicide Market Revenues & Volume, By Others, 2021-2031F |
7 India Cobalt Silicide Market Import-Export Trade Statistics |
7.1 India Cobalt Silicide Market Export to Major Countries |
7.2 India Cobalt Silicide Market Imports from Major Countries |
8 India Cobalt Silicide Market Key Performance Indicators |
8.1 Percentage of research and development budget allocated to cobalt silicide technologies. |
8.2 Number of patents filed for cobalt silicide applications. |
8.3 Adoption rate of cobalt silicide in emerging industries such as electric vehicles and renewable energy sectors. |
9 India Cobalt Silicide Market - Opportunity Assessment |
9.1 India Cobalt Silicide Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Cobalt Silicide Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Cobalt Silicide Market - Competitive Landscape |
10.1 India Cobalt Silicide Market Revenue Share, By Companies, 2024 |
10.2 India Cobalt Silicide Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |