Global Cobalt Chloride Hexahydrate Market to Hit $83.7M by 2030, Propelled by Battery and Electroplating Demand.
The Global Cobalt Chloride Hexahydrate Market is projected to grow from USD 48.2 million in 2023 to USD 83.7 million by 2030, at a robust 6.8% CAGR. This strong expansion is driven by its crucial use in electroplating, advanced catalyst technology for petroleum refining, and rapidly emerging demand from the energy storage (battery) sector.
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