Cobalt Oxide Market - Global Outlook and Forecast 2022-2028

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Cobalt Oxide Market - Global Outlook and Forecast 2022-2028 Published on : 23 Feb 2022

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Report Studies • Cobalt(II,III) oxide is an inorganic compound with the formula Co3O4. It is one of two well characterized cobalt oxides. It is a black antiferromagnetic solid. As a mixed valence compound, its formula is sometimes written as CoIICoIII2O4 and sometimes as CoOCo2O3. Cobalt(II) oxide or cobalt monoxide is an inorganic compound that appears as olive-green to red crystals, or as a greyish or black powder. It is used extensively in the ceramics industry as an additive to create blue colored glazes and enamels as well as in the chemical industry for producing cobalt(II) salts. Cobalt (III) oxide is the inorganic compound with the formula of Co2O3. Although only two oxides of cobalt are well characterized, CoO and Co3O4, procedures claiming to give Co2O3 have been described. Thus treatment of Co(II) salts such as cobalt(II) nitrate with an aqueous solution of sodium hypochlorite (also known as bleach) gives a black solid. Some formulations of the catalyst hopcalite contain "Co2O3".

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Market Value

• The global Cobalt Oxide market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period. ©All Rights Reserved, Stats market research

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