| Product Code: ETC4873896 | Publication Date: Nov 2023 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The cobalt carbonate market in Taiwan is influenced by the growing demand for cobalt-based materials in various industries, including electronics, batteries, and catalysts. Cobalt carbonate serves as a vital precursor for producing cobalt oxide and other cobalt compounds, which are essential in the manufacturing of rechargeable batteries, particularly in electric vehicles. As Taiwan pushes towards sustainable energy solutions and electric mobility, the demand for cobalt carbonate is expected to rise significantly, prompting local manufacturers to explore innovative production methods and sustainable sourcing practices.
The cobalt carbonate market in Taiwan is witnessing growth due to the increasing demand for cobalt in batteries and other applications. With the rise of electric vehicles and renewable energy storage, cobalt has become a critical component in lithium-ion batteries. The Taiwanese government is supporting initiatives to promote cobalt production and recycling, contributing to market growth. As the demand for sustainable energy solutions increases, the cobalt carbonate market is expected to thrive.
The Taiwan cobalt carbonate market faces challenges from fluctuating cobalt prices, environmental concerns over cobalt mining, and competition from alternative battery materials. High production costs also constrain market growth.
Taiwan industrial policies promoting the development of its battery manufacturing sector drive demand for cobalt carbonate, a key material in lithium-ion batteries. Government support for electric vehicles and renewable energy technologies boosts the market.
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 Taiwan Cobalt Carbonate Market Overview |
3.1 Taiwan Country Macro Economic Indicators |
3.2 Taiwan Cobalt Carbonate Market Revenues & Volume, 2021 & 2031F |
3.3 Taiwan Cobalt Carbonate Market - Industry Life Cycle |
3.4 Taiwan Cobalt Carbonate Market - Porter's Five Forces |
3.5 Taiwan Cobalt Carbonate Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Taiwan Cobalt Carbonate Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Taiwan Cobalt Carbonate Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Taiwan Cobalt Carbonate Market Revenues & Volume Share, By Industry Vertical, 2021 & 2031F |
4 Taiwan Cobalt Carbonate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for cobalt carbonate in the battery industry due to the growing popularity of electric vehicles. |
4.2.2 Technological advancements leading to the development of new applications for cobalt carbonate. |
4.2.3 Government initiatives promoting the use of renewable energy sources, driving the demand for cobalt carbonate in energy storage solutions. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of cobalt in the global market impacting the cost of cobalt carbonate production. |
4.3.2 Environmental concerns and regulations regarding the mining and processing of cobalt. |
4.3.3 Competition from alternative materials or substitutes in certain applications. |
5 Taiwan Cobalt Carbonate Market Trends |
6 Taiwan Cobalt Carbonate Market Segmentations |
6.1 Taiwan Cobalt Carbonate Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Taiwan Cobalt Carbonate Market Revenues & Volume, By Natural, 2021-2031F |
6.1.3 Taiwan Cobalt Carbonate Market Revenues & Volume, By Synthetic, 2021-2031F |
6.2 Taiwan Cobalt Carbonate Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Taiwan Cobalt Carbonate Market Revenues & Volume, By Wet Solid, 2021-2031F |
6.2.3 Taiwan Cobalt Carbonate Market Revenues & Volume, By Dry Powder, 2021-2031F |
6.3 Taiwan Cobalt Carbonate Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Taiwan Cobalt Carbonate Market Revenues & Volume, By Paint Additives, 2021-2031F |
6.3.3 Taiwan Cobalt Carbonate Market Revenues & Volume, By Chemical Intermediates, 2021-2031F |
6.3.4 Taiwan Cobalt Carbonate Market Revenues & Volume, By Pigments, 2021-2031F |
6.3.5 Taiwan Cobalt Carbonate Market Revenues & Volume, By Coatings, 2021-2031F |
6.3.6 Taiwan Cobalt Carbonate Market Revenues & Volume, By Others, 2021-2031F |
6.4 Taiwan Cobalt Carbonate Market, By Industry Vertical |
6.4.1 Overview and Analysis |
6.4.2 Taiwan Cobalt Carbonate Market Revenues & Volume, By Chemical, 2021-2031F |
6.4.3 Taiwan Cobalt Carbonate Market Revenues & Volume, By Automotive, 2021-2031F |
6.4.4 Taiwan Cobalt Carbonate Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.4.5 Taiwan Cobalt Carbonate Market Revenues & Volume, By Agricultural, 2021-2031F |
6.4.6 Taiwan Cobalt Carbonate Market Revenues & Volume, By Others, 2021-2031F |
7 Taiwan Cobalt Carbonate Market Import-Export Trade Statistics |
7.1 Taiwan Cobalt Carbonate Market Export to Major Countries |
7.2 Taiwan Cobalt Carbonate Market Imports from Major Countries |
8 Taiwan Cobalt Carbonate Market Key Performance Indicators |
8.1 Average selling price of cobalt carbonate in Taiwan. |
8.2 Number of patents filed for new applications of cobalt carbonate. |
8.3 Percentage of cobalt carbonate sourced from ethical and sustainable suppliers. |
8.4 Research and development expenditure on cobalt carbonate production technologies. |
8.5 Adoption rate of cobalt carbonate in emerging industries. |
9 Taiwan Cobalt Carbonate Market - Opportunity Assessment |
9.1 Taiwan Cobalt Carbonate Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Taiwan Cobalt Carbonate Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 Taiwan Cobalt Carbonate Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Taiwan Cobalt Carbonate Market Opportunity Assessment, By Industry Vertical, 2021 & 2031F |
10 Taiwan Cobalt Carbonate Market - Competitive Landscape |
10.1 Taiwan Cobalt Carbonate Market Revenue Share, By Companies, 2024 |
10.2 Taiwan Cobalt Carbonate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |