* Forecast.
** Includes automotive (hybrid-, plug-in hybrid-, and battery-electric vehicles), trucks and buses (light, medium, and heavy), two and three wheelers, machinery (forklifts and others), grid storage, and consumer electronics.
This statistic shows the demand for cobalt worldwide from 2010 to 2017, with a forecast for 2025, by end use. In 2017, some ** thousand tons of the global demand for cobalt was attributable to battery manufacturing.
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McKinsey & Company (McKinsey Basic Materials Institute). (June 26, 2018). Cobalt demand worldwide from 2010 to 2025, by end use (in 1,000 tons) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 22, 2026, from /statistics/875814/cobalt-demand-worldwide-by-end-use/
McKinsey & Company (McKinsey Basic Materials Institute). "Cobalt demand worldwide from 2010 to 2025, by end use (in 1,000 tons)." Chart. June 26, 2018. ÌÇÐÄÆƽâ°æ. Accessed July 22, 2026. /statistics/875814/cobalt-demand-worldwide-by-end-use/
McKinsey & Company (McKinsey Basic Materials Institute). (2018). Cobalt demand worldwide from 2010 to 2025, by end use (in 1,000 tons). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 22, 2026. /statistics/875814/cobalt-demand-worldwide-by-end-use/
McKinsey & Company (McKinsey Basic Materials Institute). "Cobalt Demand Worldwide from 2010 to 2025, by End Use (in 1,000 Tons)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 26 Jun 2018, /statistics/875814/cobalt-demand-worldwide-by-end-use/
McKinsey & Company (McKinsey Basic Materials Institute), Cobalt demand worldwide from 2010 to 2025, by end use (in 1,000 tons) ÌÇÐÄÆƽâ°æ, /statistics/875814/cobalt-demand-worldwide-by-end-use/ (last visited July 22, 2026)
Cobalt demand worldwide from 2010 to 2025, by end use (in 1,000 tons) [Graph], McKinsey & Company (McKinsey Basic Materials Institute), June 26, 2018. [Online]. Available: /statistics/875814/cobalt-demand-worldwide-by-end-use/
