Electric vehicle batteries accounted for a ***percent share of the total global demand for cobalt in 2025. In second place that year, portable cobalt batteries accounted for a ** percent share of global cobalt demand.Â
Different applications require different forms of cobalt. For example, lithium-ion batteries, catalysts, soaps and dryers, and pigments consume mostly cobalt chemicals. Magnets and nickel-based alloys on the other hand require only metallic forms of cobalt such as powders and cathodes. These different requirements therefore diversify the types of cobalt demanded and consumed.
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Cobalt Institute. (May 13, 2026). Distribution of cobalt demand worldwide in 2025, by application [Graph]. In ÀÖ²¥´«Ã½app×îа汾. Retrieved August 20, 2026, from /statistics/1143399/global-cobalt-consumption-distribution-by-application/
Cobalt Institute. "Distribution of cobalt demand worldwide in 2025, by application." Chart. May 13, 2026. ÀÖ²¥´«Ã½app×îа汾. Accessed August 20, 2026. /statistics/1143399/global-cobalt-consumption-distribution-by-application/
Cobalt Institute. (2026). Distribution of cobalt demand worldwide in 2025, by application. ÀÖ²¥´«Ã½app×îа汾. ÀÖ²¥´«Ã½app×îа汾 Inc.. Accessed: August 20, 2026. /statistics/1143399/global-cobalt-consumption-distribution-by-application/
Cobalt Institute. "Distribution of Cobalt Demand Worldwide in 2025, by Application." ÀÖ²¥´«Ã½app×îа汾, ÀÖ²¥´«Ã½app×îа汾 Inc., 13 May 2026, /statistics/1143399/global-cobalt-consumption-distribution-by-application/
Cobalt Institute, Distribution of cobalt demand worldwide in 2025, by application ÀÖ²¥´«Ã½app×îа汾, /statistics/1143399/global-cobalt-consumption-distribution-by-application/ (last visited August 20, 2026)
Distribution of cobalt demand worldwide in 2025, by application [Graph], Cobalt Institute, May 13, 2026. [Online]. Available: /statistics/1143399/global-cobalt-consumption-distribution-by-application/
