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Global Cobalt Market Industry Trends and
Forecast to 2026
Global Cobalt Market By Application ( Reusable
Energy Storage System, Super Alloys, Wear-
Resistant Alloys, Thermal Spray Coatings,
Magnets, Orthopaedics, Binder Material, Life
Sciences), End- User (Electronics, Automotive,
Aerospace, Medical), Geography (North America,
South America, Europe, Asia-Pacific, Middle East
and Africa)
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global-cobalt-market
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Report Description
Global Cobalt Market is estimated to grow with a
stable CAGR of 10.47 in the forecast period of
2019-2026. The report contains data from the
historic year of 2017, and the base year of 2018.
Increase in the lithium- ion battery is the major
factor for the growth of this market. Cobalt is
a chemical element which is found on the earth as
an alloy and is extracted by mining. It is a hard
and brittle metallic element which resembles
nickel and iron and can be magnetised. They
usually have high temperature. They are used to
produce string, corrosion and heat resistant
alloys, permanent magnets and hard metals.
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Major Key Players

• Some of the major players operating in this
  market are
• China Molybdenum Co., Ltd.
• Glencore
• Norilsk Nickel
• Sheritt International Corporation
• Vale
• SUMITOMO METAL MINING CO LTD.
• Jinchuan Group Co Ltd.
• Yantai Cash Industrial Co Ltd.
• GEM CO., LTD.

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cobalt-market
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Market Segmentation

• By Application ( Reusable Energy Storage System,
  Super Alloys, Wear- Resistant Alloys, Thermal
  Spray Coatings, Magnets, Orthopaedics, Binder
  Material, Life Sciences)
• By End- User (Electronics, Automotive,
  Aerospace, Medical)
• By Geography (North America, South America,
  Europe, Asia-Pacific, Middle East and Africa)

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l-cobalt-market
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Regional Analysis

• Based on geography, the market is segmented into
  five geographical regions
• North America
• Europe
• Asia-Pacific
• South America
• Middle East
• Africa

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