| Product Code: ETC196461 | Publication Date: May 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 |
In 2024, the United Kingdom import trend for cobalt oxide experienced a decline, with a growth rate of -35.29% compared to the previous year. However, the compound annual growth rate (CAGR) for 2020-2024 stood at a healthy 13.2%. This decline in import momentum could be attributed to shifts in demand, potentially influenced by evolving market dynamics or altered trade policies impacting the United Kingdom cobalt oxide market.
Cobalt oxide finds applications in ceramics, glass, and battery industries due to its properties as a pigment and cathode material in batteries. In the UK, the market is driven by advancements in battery technologies and regulatory shifts towards sustainable energy solutions. Cobalt oxide prices are sensitive to global supply chain disruptions and technological innovations.
The UK cobalt oxide market is driven by its applications in batteries, ceramics, and electronics. Cobalt oxide is a key material in the production of lithium-ion batteries, which are widely used in electric vehicles, portable electronics, and renewable energy storage systems. The rising demand for energy-efficient and high-capacity batteries fuels the need for cobalt oxide. Furthermore, its use in producing pigments for ceramics and glass enhances the market`s growth prospects. Technological advancements and increasing investments in research and development to improve battery performance and material properties further drive the demand for cobalt oxide in the UK.
In the UK cobalt oxide market, challenges arise from the complexity of manufacturing processes and the need for consistent product quality. Maintaining purity levels and optimizing production efficiency are critical amid fluctuating raw material costs and evolving regulatory requirements. Market players must invest in research and development to enhance product performance and meet changing consumer demands for sustainable and eco-friendly solutions.
UK policies for the cobalt oxide market focus on chemical safety, product quality standards, and environmental protection measures. Regulations aim to minimize emissions and promote safe handling of cobalt oxide compounds.
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 United Kingdom (UK) Cobalt Oxide Market Overview |
3.1 United Kingdom (UK) Country Macro Economic Indicators |
3.2 United Kingdom (UK) Cobalt Oxide Market Revenues & Volume, 2021 & 2031F |
3.3 United Kingdom (UK) Cobalt Oxide Market - Industry Life Cycle |
3.4 United Kingdom (UK) Cobalt Oxide Market - Porter's Five Forces |
3.5 United Kingdom (UK) Cobalt Oxide Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 United Kingdom (UK) Cobalt Oxide Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 United Kingdom (UK) Cobalt Oxide Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for rechargeable batteries in the automotive and electronics industries |
4.2.2 Growing focus on sustainable energy solutions and renewable technologies |
4.2.3 Government initiatives promoting the adoption of electric vehicles and clean energy sources |
4.3 Market Restraints |
4.3.1 Volatility in cobalt prices due to supply chain disruptions and geopolitical factors |
4.3.2 Environmental concerns regarding cobalt mining and processing |
4.3.3 Competition from alternative materials and technologies in the battery industry |
5 United Kingdom (UK) Cobalt Oxide Market Trends |
6 United Kingdom (UK) Cobalt Oxide Market, By Types |
6.1 United Kingdom (UK) Cobalt Oxide Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 United Kingdom (UK) Cobalt Oxide Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 United Kingdom (UK) Cobalt Oxide Market Revenues & Volume, By Cobalt(II) oxide (cobaltous oxide), 2021-2031F |
6.1.4 United Kingdom (UK) Cobalt Oxide Market Revenues & Volume, By CoO, 2021-2031F |
6.1.5 United Kingdom (UK) Cobalt Oxide Market Revenues & Volume, By Cobalt(III) oxide (cobaltic oxide), 2021-2031F |
6.1.6 United Kingdom (UK) Cobalt Oxide Market Revenues & Volume, By Co2O3, 2021-2031F |
6.1.7 United Kingdom (UK) Cobalt Oxide Market Revenues & Volume, By Cobalt(II,III) oxide, 2021-2031F |
6.1.8 United Kingdom (UK) Cobalt Oxide Market Revenues & Volume, By Co3O4, 2021-2031F |
6.2 United Kingdom (UK) Cobalt Oxide Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 United Kingdom (UK) Cobalt Oxide Market Revenues & Volume, By Lithium-ion Battery, 2021-2031F |
6.2.3 United Kingdom (UK) Cobalt Oxide Market Revenues & Volume, By Varistor, 2021-2031F |
6.2.4 United Kingdom (UK) Cobalt Oxide Market Revenues & Volume, By Hard Alloy, 2021-2031F |
6.2.5 United Kingdom (UK) Cobalt Oxide Market Revenues & Volume, By Catalyst, 2021-2031F |
6.2.6 United Kingdom (UK) Cobalt Oxide Market Revenues & Volume, By Other, 2021-2031F |
7 United Kingdom (UK) Cobalt Oxide Market Import-Export Trade Statistics |
7.1 United Kingdom (UK) Cobalt Oxide Market Export to Major Countries |
7.2 United Kingdom (UK) Cobalt Oxide Market Imports from Major Countries |
8 United Kingdom (UK) Cobalt Oxide Market Key Performance Indicators |
8.1 Average selling price of cobalt oxide in the UK market |
8.2 Adoption rate of cobalt oxide in rechargeable battery production |
8.3 Number of new product innovations or technological advancements in cobalt oxide applications |
8.4 Percentage of cobalt oxide sourced from ethical and sustainable supply chains |
8.5 Investment trends in cobalt oxide production and processing facilities in the UK |
9 United Kingdom (UK) Cobalt Oxide Market - Opportunity Assessment |
9.1 United Kingdom (UK) Cobalt Oxide Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 United Kingdom (UK) Cobalt Oxide Market Opportunity Assessment, By Application, 2021 & 2031F |
10 United Kingdom (UK) Cobalt Oxide Market - Competitive Landscape |
10.1 United Kingdom (UK) Cobalt Oxide Market Revenue Share, By Companies, 2024 |
10.2 United Kingdom (UK) Cobalt Oxide Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |