Portugal Cobalt Sulfate Market (2025-2031) | Trends, Outlook, Segmentation, Size, Analysis, Growth, Value, Industry, Forecast, Companies, Revenue & Share

Market Forecast By Application (Battery, Pigment, Others) And Competitive Landscape
Product Code: ETC5352273 Publication Date: Nov 2023 Updated Date: Nov 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Ravi Bhandari No. of Pages: 60 No. of Figures: 30 No. of Tables: 5

Portugal Cobalt Sulfate Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Portugal`s cobalt sulfate import shipments in 2024 saw significant growth, with top exporting countries including Spain, Germany, Belgium, China, and Brazil. The market remained highly concentrated, with a high Herfindahl-Hirschman Index (HHI) indicating limited competition. Despite a negative compound annual growth rate (CAGR) between 2020 and 2024, the industry experienced a remarkable growth spurt in 2024, with a growth rate of 119.55% from the previous year. The influx of cobalt sulfate from key exporting nations underscores the importance of this raw material in Portugal`s industrial landscape.

Cobalt Sulfate Market: Portugal vs Top 5 Major Economies in 2027 (Europe)


In the Europe region, the Cobalt Sulfate market in Portugal is projected to expand at a stable growth rate of 1.66% by 2027. The largest economy is Germany, followed by United Kingdom, France, Italy and Russia.

Cobalt Sulfate Market: Portugal vs Top 5 Major Economies in 2027 (Europe)

Key Highlights of the Report:

  • Portugal Cobalt Sulfate Market Outlook
  • Market Size of Portugal Cobalt Sulfate Market, 2024
  • Forecast of Portugal Cobalt Sulfate Market, 2031
  • Historical Data and Forecast of Portugal Cobalt Sulfate Revenues & Volume for the Period 2021-2031
  • Portugal Cobalt Sulfate Market Trend Evolution
  • Portugal Cobalt Sulfate Market Drivers and Challenges
  • Portugal Cobalt Sulfate Price Trends
  • Portugal Cobalt Sulfate Porter`s Five Forces
  • Portugal Cobalt Sulfate Industry Life Cycle
  • Historical Data and Forecast of Portugal Cobalt Sulfate Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Portugal Cobalt Sulfate Market Revenues & Volume By Battery for the Period 2021-2031
  • Historical Data and Forecast of Portugal Cobalt Sulfate Market Revenues & Volume By Pigment for the Period 2021-2031
  • Historical Data and Forecast of Portugal Cobalt Sulfate Market Revenues & Volume By Others for the Period 2021-2031
  • Portugal Cobalt Sulfate Import Export Trade Statistics
  • Market Opportunity Assessment By Application
  • Portugal Cobalt Sulfate Top Companies Market Share
  • Portugal Cobalt Sulfate Competitive Benchmarking By Technical and Operational Parameters
  • Portugal Cobalt Sulfate Company Profiles
  • Portugal Cobalt Sulfate Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

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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 Portugal Cobalt Sulfate Market Overview

3.1 Portugal Country Macro Economic Indicators

3.2 Portugal Cobalt Sulfate Market Revenues & Volume, 2021 & 2031F

3.3 Portugal Cobalt Sulfate Market - Industry Life Cycle

3.4 Portugal Cobalt Sulfate Market - Porter's Five Forces

3.5 Portugal Cobalt Sulfate Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Portugal Cobalt Sulfate Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for electric vehicles, as cobalt sulfate is a key component in lithium-ion batteries.

4.2.2 Growth in the renewable energy sector, particularly in wind and solar power generation, which requires cobalt sulfate for battery storage.

4.2.3 Advancements in technology leading to the development of new applications for cobalt sulfate, such as in aerospace and healthcare industries.

4.3 Market Restraints

4.3.1 Volatility in cobalt prices due to supply chain disruptions or geopolitical factors.

4.3.2 Environmental concerns and regulations related to cobalt mining and processing.

4.3.3 Competition from alternative materials or technologies that could potentially replace cobalt sulfate in certain applications.

5 Portugal Cobalt Sulfate Market Trends

6 Portugal Cobalt Sulfate Market Segmentations

6.1 Portugal Cobalt Sulfate Market, By Application

6.1.1 Overview and Analysis

6.1.2 Portugal Cobalt Sulfate Market Revenues & Volume, By Battery, 2021-2031F

6.1.3 Portugal Cobalt Sulfate Market Revenues & Volume, By Pigment, 2021-2031F

6.1.4 Portugal Cobalt Sulfate Market Revenues & Volume, By Others, 2021-2031F

7 Portugal Cobalt Sulfate Market Import-Export Trade Statistics

7.1 Portugal Cobalt Sulfate Market Export to Major Countries

7.2 Portugal Cobalt Sulfate Market Imports from Major Countries

8 Portugal Cobalt Sulfate Market Key Performance Indicators

8.1 Average selling price of cobalt sulfate in Portugal.

8.2 Number of new product developments or innovations in the cobalt sulfate market.

8.3 Percentage of cobalt sulfate sourced from ethical or sustainable supply chains.

8.4 Research and development investment in cobalt sulfate-related projects.

8.5 Adoption rate of cobalt sulfate in emerging industries or applications.

9 Portugal Cobalt Sulfate Market - Opportunity Assessment

9.1 Portugal Cobalt Sulfate Market Opportunity Assessment, By Application, 2021 & 2031F

10 Portugal Cobalt Sulfate Market - Competitive Landscape

10.1 Portugal Cobalt Sulfate Market Revenue Share, By Companies, 2024

10.2 Portugal Cobalt Sulfate Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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