Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Cobalt Borylate Market by Type (Cobalt Content%: 22.5 ± 0.5, Cobalt Content%: 15.5 ± 0.5), By Application (Tube, Tires) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Cobalt Borylate Market by Type (Cobalt Content%: 22.5 ± 0.5, Cobalt Content%: 15.5 ± 0.5), By Application (Tube, Tires) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 358399 4200 Chemical & Material 377 219 Pages 4.9 (39)
                                          

Market Overview:


The global cobalt borylate market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for cobalt borylate in various applications such as tubes and tires. North America is expected to lead the market during the forecast period, followed by Europe and Asia Pacific.


Global Cobalt Borylate Industry Outlook


Product Definition:


Cobalt Borylate is a boronate ester of cobalt. It is used as an intermediate in the synthesis of some pharmaceuticals and agrochemicals.


Cobalt Content%: 22.5 ± 0.5:


Cobalt is a chemical element that is found in the earth's crust as a part of many minerals. It was first discovered in 1723 by the Swedish scientist Carl Wilhelm Scheele. Cobalt metal has been used by humans for thousands of years; however, its modern-day use dates back to around 1803 when it was first used to produce steel and then later on as an alloying agent in various alloys such as nickel-cobalt and iron-cobalt.


Cobalt Content%: 15.5 ± 0.5:


Cobalt (Co) is a chemical element that is a part of the basket of metals. It has an atomic number 27 and an electrical charge of 6. However, it can only be found in trace quantities in the earth's crust. The primary source for cobalt is from two sources: as a result of corrosion-based mineralization or as a result of solution mining during ore processing.


Application Insights:


The application segment includes the use of cobalt borylate in the manufacturing of tubes and tires. In terms of volume, the tire application segment dominated the global market with a share of over 60% in 2017. The growth can be attributed to factors such as increasing automotive production across various countries worldwide coupled with high consumer demand for premium quality tires.


Cobalt borylate is used to manufacture tubular goods that are used extensively in construction, transportation and electrical & electronics applications owing to its excellent strength-to-weight ratio and corrosion resistance properties. These characteristics have resulted in an increased demand for such products from these sectors, which is expected to drive growth over the forecast period.


Regional Analysis:


Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of key manufacturers such as NITC, XXXXXXX, and Dongfeng Motor Corporation in China has resulted in high production of motor vehicles across this region. In addition, rising demand for electric vehicles is anticipated to drive regional growth over the coming years.


North America emerged as a major consumer due to increasing automotive sales coupled with growing technological advancements pertaining to fuel efficiency of automobiles.


Growth Factors:


  • Increasing demand from end-use industries such as paints and coatings, adhesives and sealants, plastics and rubber, medical devices, and others
  • Rising awareness about the benefits of cobalt borylate among consumers
  • Growing investments by key players in research and development to develop new applications for cobalt borylate
  • Expansion of production capacities by key manufacturers to cater to the increasing demand for cobalt borylate globally
  • Emerging economies are expected to offer lucrative growth opportunities for the Cobalt Borylate market in the coming years

Scope Of The Report

Report Attributes

Report Details

Report Title

Cobalt Borylate Market Research Report

By Type

Cobalt Content%: 22.5 ± 0.5, Cobalt Content%: 15.5 ± 0.5

By Application

Tube, Tires

By Companies

Shepherd Chemical, Jaingsu Kaou Chemical, Lutai Chemical, Comar Chemicals, Futai Chemical

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

219

Number of Tables & Figures

154

Customization Available

Yes, the report can be customized as per your need.


Global Cobalt Borylate Market Report Segments:

The global Cobalt Borylate market is segmented on the basis of:

Types

Cobalt Content%: 22.5 ± 0.5, Cobalt Content%: 15.5 ± 0.5

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Tube, Tires

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Shepherd Chemical
  2. Jaingsu Kaou Chemical
  3. Lutai Chemical
  4. Comar Chemicals
  5. Futai Chemical

Global Cobalt Borylate Market Overview


Highlights of The Cobalt Borylate Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Cobalt Content%: 22.5 ± 0.5
    2. Cobalt Content%: 15.5 ± 0.5
  1. By Application:

    1. Tube
    2. Tires
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Cobalt Borylate Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Cobalt Borylate Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Cobalt borylate is a cobalt compound with the chemical formula Co(BO 3 ) 6 . It is a colorless solid that is soluble in water and most organic solvents. Cobalt borylate can be used as an additive to metal alloys to improve their strength and hardness.

Some of the major companies in the cobalt borylate market are Shepherd Chemical, Jaingsu Kaou Chemical, Lutai Chemical, Comar Chemicals, Futai Chemical.

The cobalt borylate market is expected to grow at a compound annual growth rate of 5.5%.

                                            
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cobalt Borylate Market Overview    4.1 Introduction       4.1.1 Market Taxonomy       4.1.2 Market Definition       4.1.3 Macro-Economic Factors Impacting the Market Growth    4.2 Cobalt Borylate Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 Cobalt Borylate Market - Supply Chain Analysis       4.3.1 List of Key Suppliers       4.3.2 List of Key Distributors       4.3.3 List of Key Consumers    4.4 Key Forces Shaping the Cobalt Borylate Market       4.4.1 Bargaining Power of Suppliers       4.4.2 Bargaining Power of Buyers       4.4.3 Threat of Substitution       4.4.4 Threat of New Entrants       4.4.5 Competitive Rivalry    4.5 Global Cobalt Borylate Market Size & Forecast, 2020-2028       4.5.1 Cobalt Borylate Market Size and Y-o-Y Growth       4.5.2 Cobalt Borylate Market Absolute $ Opportunity

Chapter 5 Global  Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2  Market Size Forecast by Type
      5.2.1 Cobalt Content%: 22.5 ± 0.5
      5.2.2 Cobalt Content%: 15.5 ± 0.5
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global  Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2  Market Size Forecast by Applications
      6.2.1 Tube
      6.2.2 Tires
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Cobalt Borylate Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Cobalt Borylate Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America  Analysis and Forecast
   9.1 Introduction
   9.2 North America  Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America  Market Size Forecast by Type
      9.6.1 Cobalt Content%: 22.5 ± 0.5
      9.6.2 Cobalt Content%: 15.5 ± 0.5
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America  Market Size Forecast by Applications
      9.10.1 Tube
      9.10.2 Tires
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe  Analysis and Forecast
   10.1 Introduction
   10.2 Europe  Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe  Market Size Forecast by Type
      10.6.1 Cobalt Content%: 22.5 ± 0.5
      10.6.2 Cobalt Content%: 15.5 ± 0.5
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe  Market Size Forecast by Applications
      10.10.1 Tube
      10.10.2 Tires
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific  Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific  Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific  Market Size Forecast by Type
      11.6.1 Cobalt Content%: 22.5 ± 0.5
      11.6.2 Cobalt Content%: 15.5 ± 0.5
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific  Market Size Forecast by Applications
      11.10.1 Tube
      11.10.2 Tires
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America  Analysis and Forecast
   12.1 Introduction
   12.2 Latin America  Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America  Market Size Forecast by Type
      12.6.1 Cobalt Content%: 22.5 ± 0.5
      12.6.2 Cobalt Content%: 15.5 ± 0.5
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America  Market Size Forecast by Applications
      12.10.1 Tube
      12.10.2 Tires
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA)  Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA)  Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA)  Market Size Forecast by Type
      13.6.1 Cobalt Content%: 22.5 ± 0.5
      13.6.2 Cobalt Content%: 15.5 ± 0.5
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA)  Market Size Forecast by Applications
      13.10.1 Tube
      13.10.2 Tires
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 Cobalt Borylate Market: Competitive Dashboard
   14.2 Global Cobalt Borylate Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Shepherd Chemical
      14.3.2 Jaingsu Kaou Chemical
      14.3.3 Lutai Chemical
      14.3.4 Comar Chemicals
      14.3.5 Futai Chemical

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