| Product Code: ETC5352292 | 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 |
Suriname cobalt sulfate import market in 2024 saw a high level of concentration, with top exporters being China, Netherlands, Dem. People`s Rep. of Korea, Colombia, and Malaysia. Despite a significant negative compound annual growth rate (CAGR) of -23.4% from 2020-24, the growth rate in 2024 alone was even more drastic at -79.56%. The market dynamics indicate challenges and fluctuations in demand for cobalt sulfate in Suriname, potentially influenced by global economic conditions and trade relationships with key exporting countries.

Suriname's Cobalt Sulfate market is anticipated to experience a stable growth rate of 1.95% by 2027, reflecting trends observed in the largest economy Brazil, followed by Mexico, Argentina, Colombia and Chile.

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 Suriname Cobalt Sulfate Market Overview |
3.1 Suriname Country Macro Economic Indicators |
3.2 Suriname Cobalt Sulfate Market Revenues & Volume, 2021 & 2031F |
3.3 Suriname Cobalt Sulfate Market - Industry Life Cycle |
3.4 Suriname Cobalt Sulfate Market - Porter's Five Forces |
3.5 Suriname Cobalt Sulfate Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Suriname 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 Growing focus on renewable energy sources, leading to higher demand for cobalt sulfate in energy storage solutions. |
4.2.3 Technological advancements in cobalt sulfate production processes, leading to cost efficiencies and improved quality. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of cobalt in the global market, impacting the production cost and profitability of cobalt sulfate. |
4.3.2 Environmental concerns related to cobalt mining and processing, leading to potential regulatory challenges. |
4.3.3 Competition from alternative materials or substitutes in the battery industry, affecting the demand for cobalt sulfate. |
5 Suriname Cobalt Sulfate Market Trends |
6 Suriname Cobalt Sulfate Market Segmentations |
6.1 Suriname Cobalt Sulfate Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Suriname Cobalt Sulfate Market Revenues & Volume, By Battery, 2021-2031F |
6.1.3 Suriname Cobalt Sulfate Market Revenues & Volume, By Pigment, 2021-2031F |
6.1.4 Suriname Cobalt Sulfate Market Revenues & Volume, By Others, 2021-2031F |
7 Suriname Cobalt Sulfate Market Import-Export Trade Statistics |
7.1 Suriname Cobalt Sulfate Market Export to Major Countries |
7.2 Suriname Cobalt Sulfate Market Imports from Major Countries |
8 Suriname Cobalt Sulfate Market Key Performance Indicators |
8.1 Cobalt prices index: Tracking the trend in cobalt prices to assess potential impact on the cost of cobalt sulfate production. |
8.3 Cobalt recycling rate: Measuring the percentage of cobalt that is recycled, indicating sustainability efforts and resource efficiency in the market. |
8.4 Battery manufacturers' partnerships: Tracking the number of partnerships between cobalt sulfate producers and battery manufacturers to gauge market penetration and growth opportunities. |
8.5 Percentage of cobalt sulfate in battery compositions: Monitoring the proportion of cobalt sulfate used in battery manufacturing to understand market demand and potential growth. |
9 Suriname Cobalt Sulfate Market - Opportunity Assessment |
9.1 Suriname Cobalt Sulfate Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Suriname Cobalt Sulfate Market - Competitive Landscape |
10.1 Suriname Cobalt Sulfate Market Revenue Share, By Companies, 2024 |
10.2 Suriname Cobalt Sulfate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |