Global Cobalt Market Size, Share and Forecast to 2030 | Straits Research
Cobalt Market Growth
Cobalt (Co) is a ferromagnetic, hard, shiny, silver-white, brittle metal that is a member of the periodic table's transition metals group. Its atomic mass is 58.933 g/mol and its atomic number is 27. Cobalt makes up just 0.003% of the makeup of the earth's crust, where it is present in trace proportions.The melting and boiling points of cobalt are 1495°C and 2927°C, respectively. The density of it is 8.86 g/cm³. Cobalt does not react with water and is stable in air. With diluted acids, it reacts slowly. Cobalt can be found in both +2 and +3 oxidation states, where it can create a variety of coordination compounds.The main application for cobalt is in the creation of superalloys, which are extremely resistant to heat and corrosion because of their hardness.
Magnetic recording media and magnets both use it. The chemical and petroleum sectors employ cobalt as a catalyst. It is applied to paints and inks as a drying agent. Paints, enamels, glass, ceramics, and porcelain all employ cobalt blue as a color.Cobalt-60 is a radioactive isotope that is utilized in industrial radiography, food ir
Cobalt Market Growth
Cobalt (Co) is a ferromagnetic, hard, shiny, silver-white, brittle metal that is a member of the periodic table's transition metals group. Its atomic mass is 58.933 g/mol and its atomic number is 27. Cobalt makes up just 0.003% of the makeup of the earth's crust, where it is present in trace proportions.The melting and boiling points of cobalt are 1495°C and 2927°C, respectively. The density of it is 8.86 g/cm³. Cobalt does not react with water and is stable in air. With diluted acids, it reacts slowly. Cobalt can be found in both +2 and +3 oxidation states, where it can create a variety of coordination compounds.The main application for cobalt is in the creation of superalloys, which are extremely resistant to heat and corrosion because of their hardness.
Magnetic recording media and magnets both use it. The chemical and petroleum sectors employ cobalt as a catalyst. It is applied to paints and inks as a drying agent. Paints, enamels, glass, ceramics, and porcelain all employ cobalt blue as a color.Cobalt-60 is a radioactive isotope that is utilized in industrial radiography, food ir
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