The Global Cobalt Foil Market was valued at USD 48.2 Million in 2024 and is projected to reach USD 68.9 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.8% during the forecast period (2024–2030). This robust growth trajectory is primarily driven by escalating demand from the battery and electronics sectors, increased R&D activities in aerospace and medical devices, and the expansion of high-purity material applications across advanced manufacturing industries.

As the push for high-performance materials intensifies in sectors like lithium-ion battery production, semiconductor manufacturing, and radiation shielding, the importance of reliable cobalt foil suppliers has never been greater. In this detailed analysis, we profile the Top 10 Companies in the Cobalt Foil Industry—specialty chemical suppliers, advanced materials manufacturers, and metal specialists that are critical to the global high-tech supply chain.

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🔟 1. American Elements

Headquarters: Los Angeles, California, USA
Key Offering: Cobalt Foil, Cobalt Sputtering Targets, High-Purity Cobalt Products

American Elements is a global leader in the manufacturing and distribution of advanced materials, including a comprehensive portfolio of cobalt foil products. The company produces foils in various purities (ranging from 99% to 99.999%) and thicknesses, catering to research institutions, aerospace contractors, and battery manufacturers worldwide.

Key Technological Capabilities:

• Custom fabrication of cobalt foil with thicknesses from 0.01mm to 2.0mm

• Extensive R&D support for materials science applications

• ISO 9001:2015 certified manufacturing facilities

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9️⃣ 2. Goodfellow

Headquarters: Huntingdon, Cambridgeshire, UK
Key Offering: Pure Cobalt Foil, Cobalt Alloy Foil, Evaporation Materials

Goodfellow is a leading international supplier of metals, alloys, ceramics, and other materials for research and development. Their cobalt foil products are widely used in laboratories, universities, and industrial R&D departments for experimental work, thin-film deposition, and prototype development.

Key Technological Capabilities:

• Rapid delivery of small-quantity, high-purity metal foils

• Technical support for materials selection and application development

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8️⃣ 3. Alfa Aesar

Headquarters: Ward Hill, Massachusetts, USA
Key Offering: Cobalt Foil, Cobalt Powder, Cobalt Salts

Alfa Aesar, part of Thermo Fisher Scientific, is a premier supplier of research chemicals, metals, and materials. The company offers high-purity cobalt foil for analytical research, catalysis studies, and electronic applications, backed by rigorous quality control standards that ensure batch-to-batch consistency.

Key Technological Capabilities:

• Comprehensive analytical certification for all high-purity products

• Global distribution network serving academic and industrial researchers

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7️⃣ 4. Fine Metals Corporation

Headquarters: Tokyo, Japan
Key Offering: Ultra-High Purity Cobalt Foil, Sputtering Targets

Fine Metals Corporation specializes in high-purity metals for the electronics and semiconductor industries. The company’s cobalt foil products are engineered for applications requiring exceptional purity levels, particularly in thin-film deposition processes used in microelectronics manufacturing.

Key Technological Capabilities:

• Specialization in 99.99% and 99.999% purity cobalt foils

• Customized dimensional tolerances for precision applications

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6️⃣ 5. ALB Materials Inc

Headquarters: Zhejiang, China
Key Offering: Cobalt Foil, Cobalt Rod, Cobalt Wire

ALB Materials Inc is a significant manufacturer and global supplier of high-purity metals and materials. The company produces cobalt foil in various specifications, serving customers in the battery industry, research institutions, and industrial chemical sectors across Asia, Europe, and North America.

Key Technological Capabilities:

• Competitive pricing for industrial-scale orders

• Flexible manufacturing for custom purity and dimension requirements

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5️⃣ 6. MaTecK

Headquarters: Jülich, Germany
Key Offering: High-Purity Cobalt Foil, Cobalt Thin Films

MaTecK is a German-based supplier specializing in high-purity metals and materials for research and industry. The company’s cobalt foil products are particularly valued in European research institutions and technology companies for their consistent quality and technical support services.

Key Technological Capabilities:

• Focus on ultra-high purity materials (up to 99.999%)

• Extensive experience serving nuclear research and aerospace sectors

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4️⃣ 7. Stanford Advanced Materials

Headquarters: Lake Forest, California, USA
Key Offering: Cobalt Foil, Cobalt Sputtering Targets, Evaporation Materials

Stanford Advanced Materials (SAM) supplies high-quality rare earth products, metals, alloys, and ceramics to research and industrial customers worldwide. Their cobalt foil portfolio includes various purity grades and sizes tailored for specific application requirements in electronics and advanced manufacturing.

Key Technological Capabilities:

• Custom fabrication services for specialized research applications

• Technical consultation for material selection and performance optimization

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3️⃣ 8. Reagents

Headquarters: Poznań, Poland
Key Offering: Laboratory-Grade Cobalt Foil, Chemical Reagents

Reagents is a leading European supplier of laboratory chemicals and materials, including high-purity cobalt foil for research applications. The company serves academic institutions, government laboratories, and industrial R&D facilities across Europe with reliable materials and technical expertise.

Key Technological Capabilities:

• Strong distribution network throughout Eastern and Western Europe

• Specialization in materials for analytical chemistry and materials science

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2️⃣ 9. ESPI Metals

Headquarters: Ashland, Oregon, USA
Key Offering: High-Purity Cobalt Foil, Metal Powders

ESPI Metals has been a trusted supplier of high-purity metals since 1950, serving the research, development, and production needs of various high-technology industries. The company’s cobalt foil products are known for their quality and reliability in demanding applications.

Key Technological Capabilities:

• Decades of experience in high-purity metal production

• Extensive inventory of rare and specialty metals

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1️⃣ 10. Glentham Life Sciences

Headquarters: Corsham, Wiltshire, UK
Key Offering: Research-Grade Cobalt Foil, Biochemicals

Glentham Life Sciences supplies fine chemicals and research materials to laboratories worldwide. While broader in scope than some specialty metal suppliers, the company provides high-quality cobalt foil for research applications, particularly in life sciences and materials research.

Key Technological Capabilities:

• Integration of metal materials with broader research chemical offerings

• Efficient supply chain for research institutions and universities

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🌍 Outlook: The Future of Cobalt Foil Is Driven by Technology and Sustainability

The cobalt foil market is experiencing transformation as emerging technologies create new demand patterns while sustainability concerns drive material innovation. While traditional applications in research and catalysis remain important, the most significant growth is occurring in energy storage and advanced electronics.

📈 Key Trends Shaping the Market:

• Increased adoption in lithium-ion battery electrodes and components

• Growing demand for high-purity materials in semiconductor manufacturing

• Expansion of cobalt foil applications in medical device radiation shielding

• Sustainability initiatives driving research into cobalt recycling and alternative materials

The companies profiled above are not only supplying essential materials for current technologies—they’re enabling the next generation of innovations across multiple high-tech industries. Their expertise in material purity, precision manufacturing, and application-specific solutions makes them indispensable partners in technological advancement.

Get Full Report Here: Global Cobalt Foil Market – View in Detailed Research Report