Cobalt Market Outlook 2025-2034: Growth, Trends, and Opportunities
The global cobalt market size reached an estimated volume of 200.10 KMT in 2024, driven by increasing demand in battery production, renewable energy storage, and industrial applications. As the push for electrification and sustainable energy solutions grows, the market is expected to expand at a compound annual growth rate (CAGR) of 8.90% between 2025 and 2034. By the end of this forecast...
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