Furthermore, surge in pricing owing to democratic imbalance in most of the major economies is acting as a hurdle in the growth of the cobalt sulfate market.īased on product, the cobalt sulfate market can be segmented into powder form and solution form. On the other hand, rise in pressure of extracting cobalt with limited raw materials is one of the key factors hampering the cobalt sulfate market. Rise in use of Li-ion batteries in vehicles is also augmenting the cobalt sulfate market. Global Cobalt Sulfate Market: Key Segmentsĭevelopment of electric and hybrid vehicles is one of the major factors propelling the cobalt sulfate market. Cobalt sulfate is obtained by the treatment of cobalt oxide with sulfuric acid for such purposes. Cobalt (II) sulfate has wide applications in storage batteries and electroplating baths, sympathetic inks, and as additive to soils and animal feeds. Cobalt sulfate pigments are also employed in porcelain and glass. It is also used in the manufacture of other cobalt salts. In hydrated form, cobalt sulfate is used in the preparation of pigments. Its formation takes place by the reaction of metallic cobalt, its oxide, hydroxide, or carbonate with aqueous sulfuric acid. It is soluble in water, slightly soluble in ethanol, and especially soluble in methanol. Cobalt (II) sulfate heptahydrate appears as a red monoclinic crystal that liquefies at around 100☌ and becomes anhydrous at 250☌. Cobalt sulfate usually refers to the hydrate CoSO4.7H2O, which is one of the most commonly available salts of cobalt. Cobalt sulfate is defined as any of the inorganic compounds with the formula CoSO4(H2O)x.
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