World Cobalt Market to See Robust Growth to 2021, States Daedal Research in Its In-demand Report Published at MarketPublishers.com19 Sep 2017 • by Natalie Aster
LONDON – The world cobalt market is anticipated to gain momentum at a rapid CAGR through to 2021. The growth of the market is underpinned by a range of various factors such as rise in Li-ion (LIB) battery production, excellent energy density (ED) and a sharp increase in the manufacturing of electric vehicles.
Nevertheless, developing battery chemicals and substitution materials are some of the challenges the market is facing. Emerging methods of the recovery of this metallic element, hike in cobalt development projects, upsurge in cobalt prices and expanding application of cobalt in consumer electronics are amid the most recent trends in the marketplace.
The market is inhabited by a number of big players, including Sherritt International, Glencore Plc, Gecamines S.A. and Vale S.A.
In-demand research publication “Global Cobalt Market: Size, Trends & Forecasts (2017-2021)” drawn up by Daedal Research is devoted to giving an extensive analysis of the market. It offers an all-round evaluation of the market size pertaining to production by source, volume, and country; demand by volume, end-use sector, product type; provides detailed market segmentation.
The research study also gives an all-round regional analysis of the cobalt marketplace across DR Congo, Canada and Australia, consisting of its cobalt market based on production. It sheds light on the competitive landscape and gives a discussion of the various players active in the global cobalt market, comparing them by their market share. Furthermore, the report evaluates major opportunities in the market and limelights the factors that are and will likely be fuelling the growth of the sector. It provides exhaustive projections of the growth patterns of the total cobalt market through to 2021, taking into consideration the historical growth, the growth drivers and present-day and future trends. The research offers granular profiles of the dominant players, covering their business overview, financials and the major strategies.
For a complete collection of the publisher’s insightful market research reports follow Daedal Research page at MarketPublishers.com.