Press release
Cobalt-Chrome Alloys Market will reach 15 million US$ in 2023
Cobalt-chrome (CoCr) is a metal alloy that has outstanding strength, as well as wear and corrosion resistance. Because of these features and it’s biocompatibility, Cobalt-chrome is often used for making dental/orthopedic implants.
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Global Cobalt-Chrome Alloys Market: Forecast by Type / Application / Region
CoCr alloys are widely used for medical prosthetic implant devices. The alloys are especially used where high stiffness or a highly polished and extremely wear-resistant material is required. CoCr alloys are the materials of choice for applications such as knee implants, metal-to-metal hip joints and dental prosthetics.
Although there are substitutes of cobalt-chrome alloys, it can’t be replaced easily and has been widely used in downstream industry. Backed with increasing demand from water industry, it is estimated that global cobalt-chrome alloys industry will be worthy of 15.00 million USD in 2024, with the CAGR of 1.16% during the period of 2017 to 2024.
The worldwide market for Cobalt-Chrome Alloys is expected to grow at a CAGR of roughly 1.0% over the next five years, will reach 15 million US$ in 2023, from 14 million US$ in 2017, according to a new GIR (Global Info Research) study.
Global Nonferrous Metal Recycling Market:Key Players
Arcam
CarTech
VDM Metals
Kulzer
EOS
SLM
Dentaurum
3DMT
AMC Powders
ACME
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Related Information:
United States Cobalt-Chrome Alloys Market 2018 Forecast to 2023
Europe Cobalt-Chrome Alloys Market 2018 Forecast to 2023
North America Cobalt-Chrome Alloys Market 2018 Forecast to 2023
Asia-Pacific Cobalt-Chrome Alloys Market 2018 Forecast to 2023
China Cobalt-Chrome Alloys Market 2018 Forecast to 2023
EMEA Cobalt-Chrome Alloys Market 2018 Forecast to 2023
Global Cobalt-Chrome Alloys Market 2018 Forecast to 2023
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