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 irradiation, and medical therapies. Both humans and animals need cobalt as a trace element. It is a part of vitamin B12, which is essential for the neurological system, the brain, and the synthesis of red blood cells. Anemia can result from a cobalt shortage, while symptoms of cobalt poisoning, such as deafness, eye problems, and thyroid disorders, can occur from excessive exposure. According to the Straits Research, Cobalt Market Size is Projected to grow at a CAGR of 9.3% during the forecast period. Cobalt Market Scope report covers market trends and development, drivers, capacities, technologies, and the changing dynamics of the Cobalt Market. Get Free Request Sample Report @ https://straitsresearch.com/report/cobalt-market/request-sample