What is the market or research trend for Cobalt(2+) dibromide (CAS: 7789-43-7)?

The market for Cobalt(2+) dibromide is stable but shows growth in applications such as catalysts in organic synthesis and as a colorant. Research trends include its use in electrochemistry and as a precursor in the synthesis of other cobalt compounds. However, due to environmental concerns, there is an increasing interest in developing more sustainable alternatives.