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Cobalt Market - Global Industry Analysis, Size, Share, Growth, Trends And Forecast, 2013 - 2019

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Product Synopsis

Cobalt is a metal which is found mostly in a combined form in the earths’ crust. Cobalt and its derivatives has various application in super alloys, reusable energy storage systems, wear resistant alloys, magnets, binder material, thermal spray coatings, orthopedics, life sciences applications and others. Cobalt is mostly combined with other metals and used in the alloy form. Cobalt based alloys exhibits high oxidation resistance and high tolerance to thermal variations.  Cobalt market is mainly driven by increased demand of chemicals used in the rechargeable and recyclable batteries. Another driving factor for the cobalt market is the use of super alloys in light weight vehicles as alloys reduce the weight of the vehicle, thereby improving efficiency. The... Read More

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