Cobalt Market Trends

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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 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.
• and 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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