Cobalt Market: Global Industry Analysis

The Global Cobalt Market demand in 2020 of 115.54 Kilo tons and the Cobalt market is grow at CAGR 9%, and it is expected to reach 193.77 Kilo tons by 2027.
Global Cobalt Market Overview:

Cobalt is metal that is used as a raw material for manufacturing Lithium-ion batteries, Cutting tools, magnetic materials, petrochemical catalysts etc. 98 % of cobalt is a by-product of nickel.

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