Lithium Cobalt oxide, also called lithium cobaltate or lithium cobaltite, is a dark blue or bluish-gray crystalline solid. It is commonly used in the positive electrodes of lithium-ion batteries. The compound is now being used as cathode in some rechargeable lithium-ion batteries.
Increase in demand for lithium-ion batteries in various applications such as mobiles and computers and increase in demand for lithium cobalt oxide in battery applications are some of the factors that have supported long-term expansion for Lithium Cobalt Batteries Market.
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Prominent Players
- NICHIA
- TODAKOGYO
- L&F
- Tianjin B&M
- ShanShan Co.
- Hunan Rui Xiang New Material
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Asia Pacific to Dominate the Market
Asia Pacific is a major consumer of lithium cobalt oxide across the globe. China and India possess significant potential for many application areas of lithium cobalt oxide. Being a major manufacturing hub for electronic products, China holds immense potential for the growth of the lithium cobalt oxide market.
Lithium Cobalt Batteries Market Segmentation:
On the basis of Application:
· Battery
· Others
Based on region:
· Asia Pacific
· North America
· Europe
· South America
· Middle East & Africa
The Report helps to identify the opportunities in Global Regions:
· North America (the United States, Canada, and Mexico)
· Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
· Asia-Pacific (China, Japan, Korea, India, Australia, and Southeast Asia (Indonesia, Thailand, Philippines, Malaysia, and Vietnam))
· South America (Brazil etc.)
· The Middle East and Africa (North Africa and GCC Countries)
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