Thursday 30 June 2016

Global Cobalt Market to Grow at a CAGR of 9.19% by 2019: Radiant Insights

About cobalt

Cobalt is a chemical element obtained in combination with other elements in minerals such as skutterudite (a cobalt-nickel arsenide), carrollite (a copper-cobalt-(nickel) sulfide), and asbolane (a nickel-cobalt-manganese oxide). Cobalt is obtained from three main ore deposits: sediment-hosted stratiform copper deposits, magmatic nickel sulfide deposits, and nickel laterite deposits. It is generally processed as a byproduct of processed nickel and copper ores. Cobalt and its alloys find application in numerous industries such as battery chemicals, superalloys, defense, and catalysts.
Technavio's analysts forecast the global cobalt market to grow at a CAGR of 9.19% over the period 2014-2019.

Covered in this report

The global cobalt market can be segmented into six based on application: battery chemicals, superalloys, hard metals, catalysts, ceramics/pigments, and others.
Technavio's report, Global Cobalt Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers APAC, Europe, North America, and ROW; it also covers the global cobalt market landscape and its growth prospects in the coming years.

The report also includes a discussion of the key vendors operating in this market.

Key regions
• APAC
• Europe
• North America
• ROW

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