Platinum Series Metals Market

The catalytic properties of the six platinum group metals (PGM)? iridium, osmium, palladium, platinum, rhodium, and ruthenium ? are outstanding. Platinum's wear and tarnish resistance characteristics are well suited for making fine jewelry. Other distinctive properties include resistance to chemical attack, excellent high-temperature characteristics, and stable electrical properties. All these properties have been exploited for industrial applications. Platinum, platinum alloys, and iridium are used as crucible materials for the growth of single crystals, especially oxides. The chemical industry uses a significant amount of either platinum or a platinum-rhodium alloy catalyst in the form of gauze to catalyze the partial oxidation of ammonia to yield nitric oxide, which is the raw material for fertilizers, explosives, and nitric acid. In recent years, a number of PGM have become important as catalysts in synthetic organic chemistry. Ruthenium dioxide is used as coatings on dimensionally stable titanium anodes used in the production of chlorine and caustic. Platinum supported catalysts are used in the refining of crude oil, reforming, and other processes used in the production of high-octane gasoline and aromatic compounds for the petrochemical industry. Since 1979, the automotive industry has emerged as the principal consumer of PGM. Palladium, platinum, and rhodium have been used as oxidation catalyst in catalytic converters to treat automobile exhaust emissions. A wide range of PGM alloy compositions is used in low-voltage and low-energy contacts, thick- and thin-film circuits, thermocouples and furnace components, and electrodes.

Platinum Series Metals Market aims to provide a comprehensive presentation of the global market for Platinum Series Metals, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Platinum Series Metals. Platinum Series Metals Market contains market size and forecasts of Platinum Series Metals in global, including the following market information:

Global Platinum Series Metals Market Revenue, 2018-2023, 2024-2029, ($ millions)

Global Platinum Series Metals Market Sales, 2018-2023, 2024-2029, (KG)

Global top five Platinum Series Metals companies in 2022 (%)

The global Platinum Series Metals market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges.

We surveyed the Platinum Series Metals manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Platinum Series Metals Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (KG)

Global Platinum Series Metals Market Segment Percentages, by Type, 2022 (%)

Iridium Metal

Rhodium Metal

Palladium Metal

Platinum Metal

Osmium Metal

Ruthenium Metal

Global Platinum Series Metals Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (KG)

Global Platinum Series Metals Market Segment Percentages, by Application, 2022 (%)

Catalyst

Chemical Manufacturing

Electricals and Electronics

Jewellery

Others

Global Platinum Series Metals Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (KG)

Global Platinum Series Metals Market Segment Percentages, By Region and Country, 2022 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Platinum Series Metals revenues in global market, 2018-2023 (Estimated), ($ millions)

Key companies Platinum Series Metals revenues share in global market, 2022 (%)

Key companies Platinum Series Metals sales in global market, 2018-2023 (Estimated), (KG)

Key companies Platinum Series Metals sales share in global market, 2022 (%)

Further, the report presents profiles of competitors in the market, key players include:

Anglo American

Impala

Lonmin

Norilsk Nickel

Platina

Aquarius

Wesizwe

Zimplats

Sedibelo

Northam

Incwala

Royal Bafokeng

Eastplats

Outline of Major Chapters:

Chapter 1: Introduces the definition of Platinum Series Metals, market overview.

Chapter 2: Global Platinum Series Metals market size in revenue and volume.

Chapter 3: Detailed analysis of Platinum Series Metals manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Platinum Series Metals in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global Platinum Series Metals capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.