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Cobalt Market Growth Forecast (2025-2034)

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The global cobalt market, valued at 200.10 KMT in 2024, is poised for significant growth. With a projected CAGR of 8.90%, the market is expected to reach nearly 431.02 KMT by 2034. This growth is driven by increasing demand for cobalt in electric vehicle (EV) batteries, renewable energy storage, and electronics. https://www.expertmarketresearch.com/reports/cobalt-market

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