Cobalt-60 Market Examined in New Research Report Available at MarketPublishers.com

Global cobalt-60 market may face supply shortage in the years ahead.

LONDON, United Kingdom, May 05, 2016 --(PR.com)-- TD The Market Publishers, Ltd. is happy to inform that new research study exploring the cobalt-60 market is now available in its online catalogue at MarketPublishers.com.

At present, cobalt-60 is produced in nuclear reactors, and Candu power reactors are the most commonly used reactors where cobalt-60 is manufactured. However, cobalt-60 supply is relatively limited since there are a small number of reactors able to produce it.

Canada, Argentina, Russia, China and South Korea are some of the world’s largest cobalt-60 producers, and they are expected to maintain this position in the upcoming years.

The global marketplace may face a certain supply shortage in the years to come given planned closures of certain production units. However, with a half life of more than 5 years of cobalt-60 can be stockpiled.

The report expects that the demand for this product will grow tremendously from the sterilization application in the years to come. Population ageing and rising demand for healthcare services will also drive growth of the cobalt-60 demand.

More information on the cobalt-60 marketplace can be found at https://marketpublishers.com/report/industry/chemicals_petrochemicals/cobalt_60-10198-40-0_market_research_report.html
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