The global cobalt acetate crystals market is expected to grow at a CAGR of 6.10% during the period 2026-2035. Cobalt Acetate is produced and available as fine crystals with uniform size distribution; employed primarily as a catalyst in the polyester industry. Industrial uses include ion exchange agents, pigments, plating agents and surface treating agents, and processing aids. North America, Europe and Asia are expected to be key markets.
Base Year
Historical Period
Forecast Period
Compound Annual Growth Rate
6.1%
2026-2035
*this image is indicative*
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Cobalt acetate [Co(C2H3O2)2] (also known as Cobalt diacetate tetrahydrate, Cobalt(II) acetate tetrahydrate, cobaltous acetate tetrahydrate) is a moderately water-soluble crystalline cobalt source that breaks down into cobalt oxide when heated. It is considered to be a precursor to several types of oil drying agents. As an ACS grade quality reagent, its chemical specifications are the de facto standards for chemicals used in several high-purity applications and typically designate the highest quality chemical available for laboratory use. Uses include those as a bleaching agent, drier for coatings, catalyst, and foam stabilizer; also employed in sympathetic inks, feed additives, and in anodizing. These uses are expected to boost the global cobalt acetate crystals market. Cobalt acetate is usually immediately available in most volumes. All metallic acetates are inorganic salts that contain a metal cation and the acetate anion, a univalent (-1 charge) polyatomic ion comprising two carbon atoms ionically bound to three hydrogen and two oxygen atoms (symbol: CH3COO) for a total formula weight of 59.05. Acetates are good precursors for the production of ultra-high purity compounds, catalysts, and nanoscale materials. Cobalt acetate crystals are available in several purity grades, including 99%, 99.9%, 99.99%, and 99.999%.
Cobalt acetate is employed in surface treatment, for formulations, and as a catalyst or colourant for the textile, wood and paper industries; it is used to prepare complexes for examination of the properties of metals with unusual coordination geometries. It is also used as a catalyst for oxidation and esterification.
Increasing global population and welfare drive the demand for textiles. The demand for wood-based textile pulps is expected to grow significantly in the near future. Further, pulp and paper would continue to play a major role in the world. Despite technological advancements, use of and demand for wood pulp and paper are expected to grow. These factors are expected to drive the global cobalt acetate crystals market.
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The EMR’s report titled “global cobalt acetate crystals Market Report and Forecast 2026-2035 offers a detailed analysis of the market based on the following segments:
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The report presents a detailed analysis of the following key players in the global cobalt acetate crystals market, looking into their capacity, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
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The global cobalt acetate crystals market is projected to grow at a CAGR of 6.10% between 2026 and 2035.
The major drivers of the market include the increasing expenditure on research and development, increasing demand from end-use sectors, and growing use as a bleaching agent.
Increasing demand from paints and coatings industry and growing uses in textile and wood pulp industries are the key industry trends propelling the market's growth.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The various types of cobalt acetate crystals are crystalline and amorphous.
The major applications of the market are paint driers, catalysts, pigment and textile dyeing, among others.
The major players in the industry are American Elements, Umicore, ICoNiChem Widnes Ltd, Freeport Cobalt, and Liaoyang Synthetic Catalyst Co., Ltd, among others.
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| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
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