Industry: Chemical & Material
Published Date: 2025-05-29
Pages: 94 Pages
Report ld: 4747014
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Cobalt(II) Acetate Market Size(US$)

CAGR 2025-2031
7.1%
Market Size,2031
USD 154
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for Cobalt(II) Acetate was valued at US$ 95 million in the year 2024 and is projected to reach a revised size of US$ 154 million by 2031, growing at a CAGR of 7.1% during the forecast period.
The 2025 U.S. tariff policies introduce profound uncertainty into the global economic landscape. This report critically examines the implications of recent tariff adjustments and international strategic countermeasures on Cobalt(II) Acetate competitive dynamics, regional economic interdependencies, and supply chain reconfigurations.
Cobalt(II) acetate is an organic cobalt salt formed by divalent cobalt ions (Co²⁺) and acetate ions (CH₃COO⁻). It usually exists in anhydrous form or in the form of hydrates containing different crystal waters. The most common is cobalt acetate tetrahydrate (Co(CH₃COO)₂·4H₂O), which appears as pink to red crystals. Cobalt acetate has good solubility and is easily soluble in water and ethanol. It is widely used in chemical synthesis, catalyst manufacturing, ceramic pigments, electroplating industry, and precursors of lithium battery materials. Its stability and physical properties vary with the hydration state. Anhydrous cobalt acetate easily absorbs moisture and transforms into hydrates. As an important organic salt of cobalt, cobalt acetate has important application value in industry and scientific research.
North American market for Cobalt(II) Acetate is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for Cobalt(II) Acetate is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The major global manufacturers of Cobalt(II) Acetate include Merck, Thermo Fisher Scientific, CARL ROTH, Loba Chemie, GFS Chemicals, Santa Cruz Biotechnology, Acmechem, Glentham Life Sciences, Lixing Chemical, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.
REPORT SCOPE
This report aims to provide a comprehensive presentation of the global market for Cobalt(II) Acetate, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Cobalt(II) Acetate.
The Cobalt(II) Acetate market size, estimations, and forecasts are provided in terms of output/shipments (kg) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Cobalt(II) Acetate market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Cobalt(II) Acetate manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
By Company
Merck
Thermo Fisher Scientific
CARL ROTH
Loba Chemie
GFS Chemicals
Santa Cruz Biotechnology
Acmechem
Glentham Life Sciences
Lixing Chemical
Segment by Type
Cobalt Acetate Anhydrous
Cobalt Acetate Hydrate
Others
Segment by Application
Battery Industry
Chemical Industry
Ceramic and Glass Industry
Others
Production by Region
North America
Europe
China
Japan
India
Southeast Asia
Consumption by Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Southeast Asia
Europe
Germany
France
U.K.
Italy
Russia
Latin America
Mexico
Brazil
Argentina
Colombia
Middle East and Africa
Turkey
Saudi Arabia
UAE
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Cobalt(II) Acetate manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Cobalt(II) Acetate by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Cobalt(II) Acetate in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Cobalt(II) Acetate Market Overview
1.1 Product Definition
1.2 Cobalt(II) Acetate by Type
1.2.1 Global Cobalt(II) Acetate Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 Cobalt Acetate Anhydrous
1.2.3 Cobalt Acetate Hydrate
1.2.4 Others
1.3 Cobalt(II) Acetate by Application
1.3.1 Global Cobalt(II) Acetate Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 Battery Industry
1.3.3 Chemical Industry
1.3.4 Ceramic and Glass Industry
1.3.5 Others
1.4 Global Market Growth Prospects
1.4.1 Global Cobalt(II) Acetate Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global Cobalt(II) Acetate Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global Cobalt(II) Acetate Production Estimates and Forecasts (2020-2031)
1.4.4 Global Cobalt(II) Acetate Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Cobalt(II) Acetate Production Market Share by Manufacturers (2020-2025)
2.2 Global Cobalt(II) Acetate Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of Cobalt(II) Acetate, Industry Ranking, 2023 VS 2024
2.4 Global Cobalt(II) Acetate Company Type and Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Cobalt(II) Acetate Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of Cobalt(II) Acetate, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Cobalt(II) Acetate, Product Offered and Application
2.8 Global Key Manufacturers of Cobalt(II) Acetate, Date of Enter into This Industry
2.9 Cobalt(II) Acetate Market Competitive Situation and Trends
2.9.1 Cobalt(II) Acetate Market Concentration Rate
2.9.2 Global 5 and 10 Largest Cobalt(II) Acetate Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Cobalt(II) Acetate Production by Region
3.1 Global Cobalt(II) Acetate Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global Cobalt(II) Acetate Production Value by Region (2020-2031)
3.2.1 Global Cobalt(II) Acetate Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of Cobalt(II) Acetate by Region (2026-2031)
3.3 Global Cobalt(II) Acetate Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global Cobalt(II) Acetate Production Volume by Region (2020-2031)
3.4.1 Global Cobalt(II) Acetate Production by Region (2020-2025)
3.4.2 Global Forecasted Production of Cobalt(II) Acetate by Region (2026-2031)
3.5 Global Cobalt(II) Acetate Market Price Analysis by Region (2020-2025)
3.6 Global Cobalt(II) Acetate Production and Value, Year-over-Year Growth
3.6.1 North America Cobalt(II) Acetate Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe Cobalt(II) Acetate Production Value Estimates and Forecasts (2020-2031)
3.6.3 China Cobalt(II) Acetate Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan Cobalt(II) Acetate Production Value Estimates and Forecasts (2020-2031)
3.6.5 India Cobalt(II) Acetate Production Value Estimates and Forecasts (2020-2031)
3.6.6 Southeast Asia Cobalt(II) Acetate Production Value Estimates and Forecasts (2020-2031)
4 Cobalt(II) Acetate Consumption by Region
4.1 Global Cobalt(II) Acetate Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global Cobalt(II) Acetate Consumption by Region (2020-2031)
4.2.1 Global Cobalt(II) Acetate Consumption by Region (2020-2025)
4.2.2 Global Cobalt(II) Acetate Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America Cobalt(II) Acetate Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America Cobalt(II) Acetate Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Cobalt(II) Acetate Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe Cobalt(II) Acetate Consumption by Country (2020-2031)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Cobalt(II) Acetate Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific Cobalt(II) Acetate Consumption by Region (2020-2031)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Cobalt(II) Acetate Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa Cobalt(II) Acetate Consumption by Country (2020-2031)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Cobalt(II) Acetate Production by Type (2020-2031)
5.1.1 Global Cobalt(II) Acetate Production by Type (2020-2025)
5.1.2 Global Cobalt(II) Acetate Production by Type (2026-2031)
5.1.3 Global Cobalt(II) Acetate Production Market Share by Type (2020-2031)
5.2 Global Cobalt(II) Acetate Production Value by Type (2020-2031)
5.2.1 Global Cobalt(II) Acetate Production Value by Type (2020-2025)
5.2.2 Global Cobalt(II) Acetate Production Value by Type (2026-2031)
5.2.3 Global Cobalt(II) Acetate Production Value Market Share by Type (2020-2031)
5.3 Global Cobalt(II) Acetate Price by Type (2020-2031)
6 Segment by Application
6.1 Global Cobalt(II) Acetate Production by Application (2020-2031)
6.1.1 Global Cobalt(II) Acetate Production by Application (2020-2025)
6.1.2 Global Cobalt(II) Acetate Production by Application (2026-2031)
6.1.3 Global Cobalt(II) Acetate Production Market Share by Application (2020-2031)
6.2 Global Cobalt(II) Acetate Production Value by Application (2020-2031)
6.2.1 Global Cobalt(II) Acetate Production Value by Application (2020-2025)
6.2.2 Global Cobalt(II) Acetate Production Value by Application (2026-2031)
6.2.3 Global Cobalt(II) Acetate Production Value Market Share by Application (2020-2031)
6.3 Global Cobalt(II) Acetate Price by Application (2020-2031)
7 Key Companies Profiled
7.1 Merck
7.1.1 Merck Cobalt(II) Acetate Company Information
7.1.2 Merck Cobalt(II) Acetate Product Portfolio
7.1.3 Merck Cobalt(II) Acetate Production, Value, Price and Gross Margin (2020-2025)
7.1.4 Merck Main Business and Markets Served
7.1.5 Merck Recent Developments/Updates
7.2 Thermo Fisher Scientific
7.2.1 Thermo Fisher Scientific Cobalt(II) Acetate Company Information
7.2.2 Thermo Fisher Scientific Cobalt(II) Acetate Product Portfolio
7.2.3 Thermo Fisher Scientific Cobalt(II) Acetate Production, Value, Price and Gross Margin (2020-2025)
7.2.4 Thermo Fisher Scientific Main Business and Markets Served
7.2.5 Thermo Fisher Scientific Recent Developments/Updates
7.3 CARL ROTH
7.3.1 CARL ROTH Cobalt(II) Acetate Company Information
7.3.2 CARL ROTH Cobalt(II) Acetate Product Portfolio
7.3.3 CARL ROTH Cobalt(II) Acetate Production, Value, Price and Gross Margin (2020-2025)
7.3.4 CARL ROTH Main Business and Markets Served
7.3.5 CARL ROTH Recent Developments/Updates
7.4 Loba Chemie
7.4.1 Loba Chemie Cobalt(II) Acetate Company Information
7.4.2 Loba Chemie Cobalt(II) Acetate Product Portfolio
7.4.3 Loba Chemie Cobalt(II) Acetate Production, Value, Price and Gross Margin (2020-2025)
7.4.4 Loba Chemie Main Business and Markets Served
7.4.5 Loba Chemie Recent Developments/Updates
7.5 GFS Chemicals
7.5.1 GFS Chemicals Cobalt(II) Acetate Company Information
7.5.2 GFS Chemicals Cobalt(II) Acetate Product Portfolio
7.5.3 GFS Chemicals Cobalt(II) Acetate Production, Value, Price and Gross Margin (2020-2025)
7.5.4 GFS Chemicals Main Business and Markets Served
7.5.5 GFS Chemicals Recent Developments/Updates
7.6 Santa Cruz Biotechnology
7.6.1 Santa Cruz Biotechnology Cobalt(II) Acetate Company Information
7.6.2 Santa Cruz Biotechnology Cobalt(II) Acetate Product Portfolio
7.6.3 Santa Cruz Biotechnology Cobalt(II) Acetate Production, Value, Price and Gross Margin (2020-2025)
7.6.4 Santa Cruz Biotechnology Main Business and Markets Served
7.6.5 Santa Cruz Biotechnology Recent Developments/Updates
7.7 Acmechem
7.7.1 Acmechem Cobalt(II) Acetate Company Information
7.7.2 Acmechem Cobalt(II) Acetate Product Portfolio
7.7.3 Acmechem Cobalt(II) Acetate Production, Value, Price and Gross Margin (2020-2025)
7.7.4 Acmechem Main Business and Markets Served
7.7.5 Acmechem Recent Developments/Updates
7.8 Glentham Life Sciences
7.8.1 Glentham Life Sciences Cobalt(II) Acetate Company Information
7.8.2 Glentham Life Sciences Cobalt(II) Acetate Product Portfolio
7.8.3 Glentham Life Sciences Cobalt(II) Acetate Production, Value, Price and Gross Margin (2020-2025)
7.8.4 Glentham Life Sciences Main Business and Markets Served
7.8.5 Glentham Life Sciences Recent Developments/Updates
7.9 Lixing Chemical
7.9.1 Lixing Chemical Cobalt(II) Acetate Company Information
7.9.2 Lixing Chemical Cobalt(II) Acetate Product Portfolio
7.9.3 Lixing Chemical Cobalt(II) Acetate Production, Value, Price and Gross Margin (2020-2025)
7.9.4 Lixing Chemical Main Business and Markets Served
7.9.5 Lixing Chemical Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Cobalt(II) Acetate Industry Chain Analysis
8.2 Cobalt(II) Acetate Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Cobalt(II) Acetate Production Mode & Process Analysis
8.4 Cobalt(II) Acetate Sales and Marketing
8.4.1 Cobalt(II) Acetate Sales Channels
8.4.2 Cobalt(II) Acetate Distributors
8.5 Cobalt(II) Acetate Customer Analysis
9 Cobalt(II) Acetate Market Dynamics
9.1 Cobalt(II) Acetate Industry Trends
9.2 Cobalt(II) Acetate Market Drivers
9.3 Cobalt(II) Acetate Market Challenges
9.4 Cobalt(II) Acetate Market Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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Published: 2026-03-12
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The global Cobalt(II) Acetate market was valued at US$ 102 million in 2025 and is anticipated to reach US$ 164 million by 2032, at a CAGR of 7.1% from 2026 to 2032.
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CHAPTER OUTLINE
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TABLE OF CONTENTS
TABLE OF FIGURES
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