| Product Code: ETC5352234 | Publication Date: Nov 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Israel Cobalt Sulfate Market is projected to witness mixed growth rate patterns during 2025 to 2029. Commencing at 9.90% in 2025, growth builds up to 10.47% by 2029.

By 2027, the Cobalt Sulfate market in Israel is anticipated to reach a growth rate of 8.71%, as part of an increasingly competitive Europe region, where Germany remains at the forefront, supported by United Kingdom, France, Italy and Russia, driving innovations and market adoption across sectors.

In Israel, the cobalt sulfate market has experienced notable growth due to the rising demand for battery-grade cobalt sulfate in lithium-ion battery production. As the country focuses on reducing its dependence on fossil fuels and transitioning towards renewable energy sources, there is a growing need for energy storage solutions, driving the demand for cobalt sulfate. Additionally, cobalt sulfate`s use as an animal feed supplement and in electroplating applications further contributes to market expansion.
Israel cobalt sulfate market is influenced by the growing demand for cobalt-based materials in rechargeable batteries, particularly for EVs and portable electronic devices. Additionally, advancements in cobalt sulfate production technologies and efforts to optimize battery performance drive the market growth.
The Israel Cobalt Sulfate Market faces challenges related to supply chain resilience and sustainability concerns. With cobalt sulfate being a crucial component in battery manufacturing, ensuring a stable supply amidst geopolitical uncertainties and increasing demand from the electric vehicle sector is a significant challenge. Additionally, complying with environmental regulations and reducing the carbon footprint of cobalt sulfate production remain key challenges for market players in Israel.
The Israel cobalt sulfate market is influenced by government policies aimed at regulating the production, import, and export of cobalt sulfate, which is widely used in the manufacture of rechargeable batteries and agricultural fertilizers. The government promotes investment in cobalt sulfate production facilities and encourages collaboration between industry players and research institutions to drive technological advancements and market growth.
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 Israel Cobalt Sulfate Market Overview |
3.1 Israel Country Macro Economic Indicators |
3.2 Israel Cobalt Sulfate Market Revenues & Volume, 2021 & 2031F |
3.3 Israel Cobalt Sulfate Market - Industry Life Cycle |
3.4 Israel Cobalt Sulfate Market - Porter's Five Forces |
3.5 Israel Cobalt Sulfate Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Israel Cobalt Sulfate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for electric vehicles and rechargeable batteries, where cobalt sulfate is a key component. |
4.2.2 Growth in the electronics industry, particularly smartphones and laptops, which also use cobalt sulfate in their batteries. |
4.2.3 Government initiatives promoting clean energy solutions and sustainable practices, driving the adoption of cobalt sulfate in various applications. |
4.3 Market Restraints |
4.3.1 Volatility in cobalt prices, which can impact the overall cost of cobalt sulfate production. |
4.3.2 Environmental concerns related to cobalt mining and processing, leading to potential regulatory challenges. |
4.3.3 Competition from alternative battery technologies that may reduce the reliance on cobalt sulfate. |
5 Israel Cobalt Sulfate Market Trends |
6 Israel Cobalt Sulfate Market Segmentations |
6.1 Israel Cobalt Sulfate Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Israel Cobalt Sulfate Market Revenues & Volume, By Battery, 2021-2031F |
6.1.3 Israel Cobalt Sulfate Market Revenues & Volume, By Pigment, 2021-2031F |
6.1.4 Israel Cobalt Sulfate Market Revenues & Volume, By Others, 2021-2031F |
7 Israel Cobalt Sulfate Market Import-Export Trade Statistics |
7.1 Israel Cobalt Sulfate Market Export to Major Countries |
7.2 Israel Cobalt Sulfate Market Imports from Major Countries |
8 Israel Cobalt Sulfate Market Key Performance Indicators |
8.1 Average selling price of cobalt sulfate in the market. |
8.2 Adoption rate of electric vehicles and rechargeable batteries in Israel. |
8.3 Investment in research and development for cobalt sulfate production technologies. |
8.4 Percentage of cobalt sulfate sourced from ethical and sustainable mining practices. |
8.5 Number of patents filed for innovative applications of cobalt sulfate in different industries. |
9 Israel Cobalt Sulfate Market - Opportunity Assessment |
9.1 Israel Cobalt Sulfate Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Israel Cobalt Sulfate Market - Competitive Landscape |
10.1 Israel Cobalt Sulfate Market Revenue Share, By Companies, 2024 |
10.2 Israel Cobalt Sulfate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |