Global Platinum-Group Metals Market Growth 2024-2030

Global Platinum-Group Metals Market Growth 2024-2030

The global Platinum-Group Metals market size is projected to grow from US$ 10650 million in 2023 to US$ 14650 million in 2030; it is expected to grow at a CAGR of 4.7% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Platinum-Group Metals Industry Forecast” looks at past sales and reviews total world Platinum-Group Metals sales in 2023, providing a comprehensive analysis by region and market sector of projected Platinum-Group Metals sales for 2024 through 2030. With Platinum-Group Metals sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Platinum-Group Metals industry.

This Insight Report provides a comprehensive analysis of the global Platinum-Group Metals landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Platinum-Group Metals portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Platinum-Group Metals market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Platinum-Group Metals and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Platinum-Group Metals.

Catalytic Converters: PGMs are crucial in catalytic converters for vehicles, helping to reduce harmful emissions by converting pollutants into less harmful substances. Stricter emission standards worldwide drive the demand for PGMs in this application.

Automotive Industry: PGMs are extensively used in the automotive industry for various emission control systems, including diesel particulate filters and exhaust gas recirculation (EGR) systems.

Electric Vehicles (EVs): The growth of electric vehicles, particularly those using fuel cells, is increasing the demand for PGMs in the development of proton exchange membrane fuel cells (PEMFC), which use platinum as a catalyst.

This report presents a comprehensive overview, market shares, and growth opportunities of Platinum-Group Metals market by product type, application, key manufacturers and key regions and countries.

Segmentation by type
Iridium Metal
Rhodium Metal
Palladium Metal
Platinum Metal
Osmium Metal
Ruthenium Metal

Segmentation by application
Catalyst
Glass Fiber Crucible
Optical Glass
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Anglo American
Impala
Lonmin
Norilsk Nickel
Platina
Aquarius
Wesizwe
Zimplats
Sedibelo
Northam
Incwala
Royal Bafokeng
Eastplats
Platinum Group Metals
Sino-platinum
Jinchuan
Caisson Laboratories

Key Questions Addressed in this Report

What is the 10-year outlook for the global Platinum-Group Metals market?

What factors are driving Platinum-Group Metals market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Platinum-Group Metals market opportunities vary by end market size?

How does Platinum-Group Metals break out type, application?

Please note: The report will take approximately 2 business days to prepare and deliver.