Materials & Resources » Chemical Industry » Lithium-ion battery industry | Cobalt demand forecast global distribution by industry 2020

Distribution of forecasted global cobalt demand by end market 2020

Forecasted cobalt demand distribution worldwide in 2020, by industry

The data displays the forecasted distribution of demand for cobalt worldwide in 2020, by industry. It is forecasted that a 62% share of the global demand for cobalt will be attributable to the production of lithium-ion batteries in 2020.

Lithium-ion batteries 62
Superalloys 16
Ceramics & pigments 6
Hard materials 6
Other 10