Cobalt Market Industry Analysis Size, Share, Key Player, by type, technology, application.

The Cobalt Market demand in 2023 of 137.26 Kilo tons and the Cobalt market is grow at CAGR 9%, and it is expected to reach 250.92 Kilo tons by 2030.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.