QYR Market Research Global Cobalt Powder market research | Page 5

QYR
• In consumption market, the growth rate of global consumption is
stable relatively. EU is still the mainly consumption regions due to
the advanced downstream industries and recover of economy.
However, China is also an important consumer country.
• Cobalt Powder can be classified as two types according to the purity,
include 99.8% Grade, and 99.3% Grade. It can be widely used in
many industries. Survey results showed that 40% of the Cobalt
Powder market is Carbide industry, 32% is used in Superalloy
industry. The downstream market demand is from Superalloy field.