Product Code: ETC086589 | Publication Date: Jun 2021 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Kenya Cobalt Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 10.89% in 2027, following an initial rate of 9.31%, before easing to 9.17% at the end of the period.
By 2027, Kenya's Cobalt market is forecasted to achieve a high growth rate of 10.89%, with Egypt leading the Africa region, followed by South Africa, Ethiopia, Algeria and Nigeria.
The Kenya Cobalt Market plays a critical role in global supply chains, with cobalt being an essential component in rechargeable batteries for electric vehicles, electronics, and energy storage systems. Kenya cobalt reserves contribute to the global cobalt supply, although the market is influenced by geopolitical factors, supply chain transparency, and ethical sourcing concerns. Market dynamics are intertwined with developments in battery technologies, recycling initiatives, and sustainability standards.
In Kenya, the cobalt market is experiencing growth propelled by the demand for cobalt-based alloys, chemicals, and battery materials in various industries such as aerospace, automotive, and electronics. Cobalt, a critical metal with properties such as hardness, corrosion resistance, and magnetic conductivity, finds applications in superalloys, magnetic materials, and rechargeable batteries. The market expansion is driven by factors such as the growth of electric vehicle (EV) manufacturing, the adoption of renewable energy storage solutions, and the increasing demand for cobalt in aerospace and defense applications.
Kenya cobalt market faces challenges related to geopolitical instability in cobalt-producing regions and fluctuating demand from industries such as electronics and batteries. Additionally, environmental concerns surrounding cobalt mining impact market dynamics.
The Kenya government may implement policies to regulate the cobalt market, including licensing requirements for cobalt exploration and mining activities, environmental regulations, and export controls. Additionally, there may be initiatives to promote value addition in the cobalt supply chain, support local processing and manufacturing industries, and attract investment in cobalt-related infrastructure.
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 Kenya Cobalt Market Overview |
3.1 Kenya Country Macro Economic Indicators |
3.2 Kenya Cobalt Market Revenues & Volume, 2021 & 2031F |
3.3 Kenya Cobalt Market - Industry Life Cycle |
3.4 Kenya Cobalt Market - Porter's Five Forces |
3.5 Kenya Cobalt Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 Kenya Cobalt Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Kenya Cobalt Market Revenues & Volume Share, By End-Users, 2021 & 2031F |
4 Kenya Cobalt Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Kenya Cobalt Market Trends |
6 Kenya Cobalt Market, By Types |
6.1 Kenya Cobalt Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 Kenya Cobalt Market Revenues & Volume, By Form, 2021-2031F |
6.1.3 Kenya Cobalt Market Revenues & Volume, By Chemical Compound, 2021-2031F |
6.1.4 Kenya Cobalt Market Revenues & Volume, By Metal, 2021-2031F |
6.1.5 Kenya Cobalt Market Revenues & Volume, By Purchased Scrap, 2021-2031F |
6.2 Kenya Cobalt Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Kenya Cobalt Market Revenues & Volume, By Battery Chemicals, 2021-2031F |
6.2.3 Kenya Cobalt Market Revenues & Volume, By Super Alloy, 2021-2031F |
6.2.4 Kenya Cobalt Market Revenues & Volume, By Ceramic & Pigments, 2021-2031F |
6.2.5 Kenya Cobalt Market Revenues & Volume, By Hard Metals, 2021-2031F |
6.2.6 Kenya Cobalt Market Revenues & Volume, By Magnets, 2021-2031F |
6.2.7 Kenya Cobalt Market Revenues & Volume, By Life Science, 2021-2031F |
6.3 Kenya Cobalt Market, By End-Users |
6.3.1 Overview and Analysis |
6.3.2 Kenya Cobalt Market Revenues & Volume, By Electronics, 2021-2031F |
6.3.3 Kenya Cobalt Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.4 Kenya Cobalt Market Revenues & Volume, By Aerospace, 2021-2031F |
6.3.5 Kenya Cobalt Market Revenues & Volume, By Medical, 2021-2031F |
7 Kenya Cobalt Market Import-Export Trade Statistics |
7.1 Kenya Cobalt Market Export to Major Countries |
7.2 Kenya Cobalt Market Imports from Major Countries |
8 Kenya Cobalt Market Key Performance Indicators |
9 Kenya Cobalt Market - Opportunity Assessment |
9.1 Kenya Cobalt Market Opportunity Assessment, By Form, 2021 & 2031F |
9.2 Kenya Cobalt Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Kenya Cobalt Market Opportunity Assessment, By End-Users, 2021 & 2031F |
10 Kenya Cobalt Market - Competitive Landscape |
10.1 Kenya Cobalt Market Revenue Share, By Companies, 2024 |
10.2 Kenya Cobalt Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |