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Platinum Group Metals Market Size, Share & Trends Analysis Report By Metal Type (Platinum, Palladium, Rhodium, Ruthenium), By Application (Automotive, Chemical, Jewellery), By Region, And Segment Forecasts, 2024 - 2030
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Glencore
Norilsk Nickel
African Rainbow Minerals Limited
AngloAmerican
Impala Platinum Holdings Limited
Johnson Matthey PLC
Platinum Group Metals Limited
Sibanye-Stillwater
Northam Platinum Holdings Limited
Vale
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"2030 platinum group metals market value to reach USD 35.14 billion."
Platinum Group Metals Market Trends:
The global platinum group metals market size was estimated at USD 30.41 billion in 2023 and is estimated to grow at a CAGR of 4.6% from 2024 to 2030. The market is primarily driven by the rising demand for these metals in automotive catalytic converters and the growing chemical industry.
Palladium, holding the largest market share, plays a critical role in automotive applications, particularly in reducing vehicle emissions, while rhodium is emerging as the fastest-growing segment due to its increasing usage in chemical applications.
Global Platinum Group Metals Report Segmentation
This report forecasts volume & revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global platinum group metals market report on the basis of metal type, application, and region.
Metal Type Outlook (Volume, Kilotons; Revenue, USD Billion, 2018 - 2030)
Platinum
Palladium
Rhodium
Ruthenium
Iridium
Application Outlook (Volume, Kilotons; Revenue, USD Billion, 2018 - 2030)
Automotive
Jewellery
Chemical
Others
Regional Outlook (Volume, Kilotons; Revenue, USD Billion, 2018 - 2030)
North America
Europe
Germany
UK
Spain
France
Italy
Asia Pacific
China
India
Japan
South Korea
Central & South America
Middle East & Africa
Table of Contents
Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Information Analysis
1.3.2. Market Formulation & Data Visualization
1.3.3. Data Validation & Publishing
1.4. Research Scope and Assumptions
1.4.1. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Snapshot
2.2. Segmental Outlook
2.3. Competitive Outlook
Chapter 3. Market Variables, Trends, and Scope
3.1. Global Platinum Group Metals Market Outlook
3.2. Value Chain Analysis
3.3. Technology Overview
3.4. Regulatory Framework
3.5. Market Dynamics
3.5.1. Market Driver Analysis
3.5.2. Market Restraint Analysis
3.5.3. Market Opportunities
3.6. Porter's Five Forces Analysis
3.6.1. Bargaining Power of Suppliers
3.6.2. Bargaining Power of Buyers
3.6.3. Threat of Substitution
3.6.4. Threat of New Entrants
3.6.5. Competitive Rivalry
3.7. PESTLE Analysis
3.7.1. Political
3.7.2. Economic
3.7.3. Social Landscape
3.7.4. Technology
3.7.5. Environmental
3.7.6. Legal
Chapter 4. Platinum Group Metals Market: Metal Type Estimates & Trend Analysis
4.1. Platinum Group Metals Market: Metal Type Movement Analysis, 2023 & 2030
4.2. Platinum
4.2.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
4.2.2. Market estimates and forecasts, 2018 - 2030 (Kilotons)
4.3. Palladium
4.3.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
4.3.2. Market estimates and forecasts, 2018 - 2030 (Kilotons)
4.4. Rhodium
4.4.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
4.4.2. Market estimates and forecasts, 2018 - 2030 (Kilotons)
4.5. Ruthenium
4.5.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
4.5.2. Market estimates and forecasts, 2018 - 2030 (Kilotons)
4.6. Iridium
4.6.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
4.6.2. Market estimates and forecasts, 2018 - 2030 (Kilotons)
Chapter 5. Platinum Group Metals Market: Application Estimates & Trend Analysis
5.1. Platinum Group Metals Market: Application Movement Analysis, 2023 & 2030
5.2. Automotive
5.2.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
5.2.2. Market estimates and forecasts, 2018 - 2030 (Kilotons)
5.3. Jewellery
5.3.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
5.3.2. Market estimates and forecasts, 2018 - 2030 (Kilotons)
5.4. Chemical
5.4.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
5.4.2. Market estimates and forecasts, 2018 - 2030 (Kilotons)
5.5. Others
5.5.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
5.5.2. Market estimates and forecasts, 2018 - 2030 (Kilotons)
Chapter 6. Platinum Group Metals Market: Regional Estimates & Trend Analysis
6.1. Regional Analysis, 2023 & 2030
6.2. North America
6.2.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
6.2.2. Market estimates and forecasts, 2018 - 2030 (Kilotons)
6.2.3. Market estimates and forecasts, by metal type, 2018 - 2030 (USD Billion)
6.2.4. Market estimates and forecasts, by metal type, 2018 - 2030 (Kilotons)
6.2.5. Market estimates and forecasts, by application, 2018 - 2030 (USD Billion)
6.2.6. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons)
6.2.7. U.S.
6.2.7.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
6.2.7.2. Market estimates and forecasts, 2018 - 2030 (Kilotons)
6.2.7.3. Market estimates and forecasts, by metal type, 2018 - 2030 (USD Billion)
6.2.7.4. Market estimates and forecasts, by metal type, 2018 - 2030 (Kilotons)
6.2.7.5. Market estimates and forecasts, by application, 2018 - 2030 (USD Billion)
6.2.7.6. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons)
6.2.8. Canada
6.2.8.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
6.2.8.2. Market estimates and forecasts, 2018 - 2030 (Kilotons)
6.2.8.3. Market estimates and forecasts, by metal type, 2018 - 2030 (USD Billion)
6.2.8.4. Market estimates and forecasts, by metal type, 2018 - 2030 (Kilotons)
6.2.8.5. Market estimates and forecasts, by application, 2018 - 2030 (USD Billion)
6.2.8.6. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons)
6.2.9. Mexico
6.2.9.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
6.2.9.2. Market estimates and forecasts, 2018 - 2030 (Kilotons)
6.2.9.3. Market estimates and forecasts, by metal type, 2018 - 2030 (USD Billion)
6.2.9.4. Market estimates and forecasts, by metal type, 2018 - 2030 (Kilotons)
6.2.9.5. Market estimates and forecasts, by application, 2018 - 2030 (USD Billion)
6.2.9.6. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons)
6.3. Europe
6.3.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
6.3.2. Market estimates and forecasts, 2018 - 2030 (Kilotons)
6.3.3. Market estimates and forecasts, by metal type, 2018 - 2030 (USD Billion)
6.3.4. Market estimates and forecasts, by metal type, 2018 - 2030 (Kilotons)
6.3.5. Market estimates and forecasts, by application, 2018 - 2030 (USD Billion)
6.3.6. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons)
6.3.7. Germany
6.3.7.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
6.3.7.2. Market estimates and forecasts, 2018 - 2030 (Kilotons)
6.3.7.3. Market estimates and forecasts, by metal type, 2018 - 2030 (USD Billion)
6.3.7.4. Market estimates and forecasts, by metal type, 2018 - 2030 (Kilotons)
6.3.7.5. Market estimates and forecasts, by application, 2018 - 2030 (USD Billion)
6.3.7.6. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons)
6.3.8. UK
6.3.8.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
6.3.8.2. Market estimates and forecasts, 2018 - 2030 (Kilotons)
6.3.8.3. Market estimates and forecasts, by metal type, 2018 - 2030 (USD Billion)
6.3.8.4. Market estimates and forecasts, by metal type, 2018 - 2030 (Kilotons)
6.3.8.5. Market estimates and forecasts, by application, 2018 - 2030 (USD Billion)
6.3.8.6. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons)
6.3.9. Spain
6.3.9.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
6.3.9.2. Market estimates and forecasts, 2018 - 2030 (Kilotons)
6.3.9.3. Market estimates and forecasts, by metal type, 2018 - 2030 (USD Billion)
6.3.9.4. Market estimates and forecasts, by metal type, 2018 - 2030 (Kilotons)
6.3.9.5. Market estimates and forecasts, by application, 2018 - 2030 (USD Billion)
6.3.9.6. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons)
6.3.10. France
6.3.10.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
6.3.10.2. Market estimates and forecasts, 2018 - 2030 (Kilotons)
6.3.10.3. Market estimates and forecasts, by metal type, 2018 - 2030 (USD Billion)
6.3.10.4. Market estimates and forecasts, by metal type, 2018 - 2030 (Kilotons)
6.3.10.5. Market estimates and forecasts, by application, 2018 - 2030 (USD Billion)
6.3.10.6. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons)
6.3.11. Italy
6.3.11.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
6.3.11.2. Market estimates and forecasts, 2018 - 2030 (Kilotons)
6.3.11.3. Market estimates and forecasts, by metal type, 2018 - 2030 (USD Billion)
6.3.11.4. Market estimates and forecasts, by metal type, 2018 - 2030 (Kilotons)
6.3.11.5. Market estimates and forecasts, by application, 2018 - 2030 (USD Billion)
6.3.11.6. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons)
6.4. Asia Pacific
6.4.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
6.4.2. Market estimates and forecasts, 2018 - 2030 (Kilotons)
6.4.3. Market estimates and forecasts, by metal type, 2018 - 2030 (USD Billion)
6.4.4. Market estimates and forecasts, by metal type, 2018 - 2030 (Kilotons)
6.4.5. Market estimates and forecasts, by application, 2018 - 2030 (USD Billion)
6.4.6. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons)
6.4.7. China
6.4.7.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
6.4.7.2. Market estimates and forecasts, 2018 - 2030 (Kilotons)
6.4.7.3. Market estimates and forecasts, by metal type, 2018 - 2030 (USD Billion)
6.4.7.4. Market estimates and forecasts, by metal type, 2018 - 2030 (Kilotons)
6.4.7.5. Market estimates and forecasts, by application, 2018 - 2030 (USD Billion)
6.4.7.6. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons)
6.4.8. India
6.4.8.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
6.4.8.2. Market estimates and forecasts, 2018 - 2030 (Kilotons)
6.4.8.3. Market estimates and forecasts, by metal type, 2018 - 2030 (USD Billion)
6.4.8.4. Market estimates and forecasts, by metal type, 2018 - 2030 (Kilotons)
6.4.8.5. Market estimates and forecasts, by application, 2018 - 2030 (USD Billion)
6.4.8.6. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons)
6.4.9. Japan
6.4.9.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
6.4.9.2. Market estimates and forecasts, 2018 - 2030 (Kilotons)
6.4.9.3. Market estimates and forecasts, by metal type, 2018 - 2030 (USD Billion)
6.4.9.4. Market estimates and forecasts, by metal type, 2018 - 2030 (Kilotons)
6.4.9.5. Market estimates and forecasts, by application, 2018 - 2030 (USD Billion)
6.4.9.6. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons)
6.4.10. South Korea
6.4.10.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
6.4.10.2. Market estimates and forecasts, 2018 - 2030 (Kilotons)
6.4.10.3. Market estimates and forecasts, by metal type, 2018 - 2030 (USD Billion)
6.4.10.4. Market estimates and forecasts, by metal type, 2018 - 2030 (Kilotons)
6.4.10.5. Market estimates and forecasts, by application, 2018 - 2030 (USD Billion)
6.4.10.6. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons)
6.5. Central & South America
6.5.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
6.5.2. Market estimates and forecasts, 2018 - 2030 (Kilotons)
6.5.3. Market estimates and forecasts, by metal type, 2018 - 2030 (USD Billion)
6.5.4. Market estimates and forecasts, by metal type, 2018 - 2030 (Kilotons)
6.5.5. Market estimates and forecasts, by application, 2018 - 2030 (USD Billion)
6.5.6. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons)
6.5.7. Brazil
6.5.7.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
6.5.7.2. Market estimates and forecasts, 2018 - 2030 (Kilotons)
6.5.7.3. Market estimates and forecasts, by metal type, 2018 - 2030 (USD Billion)
6.5.7.4. Market estimates and forecasts, by metal type, 2018 - 2030 (Kilotons)
6.5.7.5. Market estimates and forecasts, by application, 2018 - 2030 (USD Billion)
6.5.7.6. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons)
6.6. Middle East & Africa
6.6.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
6.6.2. Market estimates and forecasts, 2018 - 2030 (Kilotons)
6.6.3. Market estimates and forecasts, by metal type, 2018 - 2030 (USD Billion)
6.6.4. Market estimates and forecasts, by metal type, 2018 - 2030 (Kilotons)
6.6.5. Market estimates and forecasts, by application, 2018 - 2030 (USD Billion)
6.6.6. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons)
6.6.7. Saudi Arabia
6.6.7.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
6.6.7.2. Market estimates and forecasts, 2018 - 2030 (Kilotons)
6.6.7.3. Market estimates and forecasts, by metal type, 2018 - 2030 (USD Billion)
6.6.7.4. Market estimates and forecasts, by metal type, 2018 - 2030 (Kilotons)
6.6.7.5. Market estimates and forecasts, by application, 2018 - 2030 (USD Billion)
6.6.7.6. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons)
6.6.8. UAE
6.6.8.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
6.6.8.2. Market estimates and forecasts, 2018 - 2030 (Kilotons)
6.6.8.3. Market estimates and forecasts, by metal type, 2018 - 2030 (USD Billion)
6.6.8.4. Market estimates and forecasts, by metal type, 2018 - 2030 (Kilotons)
6.6.8.5. Market estimates and forecasts, by application, 2018 - 2030 (USD Billion)
6.6.8.6. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons)
Chapter 7. Competitive Landscape
7.1. Recent Developments & Impact Analysis, By Key Market Participants
7.2. Company Categorization
7.3. Heat Map Analysis
7.4. Vendor Landscape
7.4.1. List of Raw Material Suppliers
7.4.2. List of Distributors
7.4.3. List of Other Prominent Manufacturers
7.5. List of Prospective End-Users
7.6. Strategy Mapping
7.7. Company Profiles/Listing
7.7.1. Glencore
7.7.1.1. Company Overview
7.7.1.2. Financial Performance
7.7.1.3. Product Benchmarking
7.7.2. Norilsk Nickel
7.7.2.1. Company Overview
7.7.2.2. Financial Performance
7.7.2.3. Product Benchmarking
7.7.3. African Rainbow Minerals Limited
7.7.3.1. Company Overview
7.7.3.2. Financial Performance
7.7.3.3. Product Benchmarking
7.7.4. AngloAmerican
7.7.4.1. Company Overview
7.7.4.2. Financial Performance
7.7.4.3. Product Benchmarking
7.7.5. Impala Platinum Holdings Limited
7.7.5.1. Company Overview
7.7.5.2. Financial Performance
7.7.5.3. Product Benchmarking
7.7.6. Johnson Matthey PLC
7.7.6.1. Company Overview
7.7.6.2. Financial Performance
7.7.6.3. Product Benchmarking
7.7.7. Platinum Group Metals Limited
7.7.7.1. Company Overview
7.7.7.2. Financial Performance
7.7.7.3. Product Benchmarking
7.7.8. Sibanye-Stillwater
7.7.8.1. Company Overview
7.7.8.2. Financial Performance
7.7.8.3. Product Benchmarking
7.7.9. Northam Platinum Holdings Limited
7.7.9.1. Company Overview
7.7.9.2. Financial Performance
7.7.9.3. Product Benchmarking
7.7.10. Vale
7.7.10.1. Company Overview
7.7.10.2. Financial Performance
7.7.10.3. Product Benchmarking
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