The Platinum Market is expected to be around US$ 9.90 Billion by 2027 at a CAGR of 5.3% in the given forecast period.
Platinum is a chemical component, precious metal, and commodity that producers use primarily for jewelry, automobiles and electronics. It appears on the periodic table of fundamentals by the atomic number 78 and symbol Pt. Platinum is an extremely precious, ductile, unreactive, dense, silverish-white transition metal which is mostly used in automotive exhaust systems and jewelry. The industrial application segment comprises of key sectors, such as glass, medical & biomedical, petroleum, chemical, electrical, and others. Within this segment, chemical sector had a steady demand for the commodity owing to production of synthetic fibers, nitric acid, fertilizers, and others. Processing of the aforementioned chemical products necessitates platinum as a catalytic agent during manufacturing operations. Primary platinum is the mined commodity whereas secondary platinum refers to the commodity obtained post recycling. The usage of the product as a catalytic converter is likely to remain a dominant point of application. These catalytic convertors decrease the pollutant emission from the vehicles, thereby, dropping overall carbon footprint. Owing to the aforementioned factors, the demand for secondary platinum is expected to grow tremendously over the forecast period.
The global Platinum market is segregated on the basis of Source as Primary and Secondary. Based on Application the global Platinum market is segmented in Exhaust Systems, Jewelry, Chemical Catalysts, Glass Production, Electronics, and Other Applications.
The global Platinum market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Platinum market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Vale SA, Asahi Holdings, Inc., African Rainbow Minerals, Eastern Platinum, Eurasia Mining PLC, Anglo American Platinum Ltd., Implats Platinum Ltd., Sibanye-Stillwater, Norilsk Nickel, Northam Platinum Ltd, and others are among the major players in the global Platinum market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Platinum Market has been segmented as below:
Platinum Market, By Source
Platinum Market, By Application
Platinum Market, By Region
Platinum Market, By Company
The report covers:
Report Scope:
The global Platinum market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Platinum market share. Major industry players with significant revenue share include Vale SA, Asahi Holdings, Inc.,, African Rainbow Minerals, Eastern Platinum, Eurasia Mining PLC, Anglo American Platinum Ltd., Implats Platinum Ltd., Sibanye-Stillwater, Norilsk Nickel, Northam Platinum Ltd, and others.
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Below are our new reports:
1. Introduction
1.1. Key Points
1.2. Report Description
1.3. Markets Covered
1.4. Stakeholders
2. Research Methodology
2.1. Research Scope
2.2. Research Methodology
2.2.1. Market Research Process
2.2.2. Research Methodology
2.2.2.1. Secondary Research
2.2.2.2. Primary Research
2.2.2.3. Models for Estimation
2.3. Market Size Estimation
2.3.1. Bottom-Up Approach
2.3.2. Top-Down Approach
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Drivers
4.3. Restraints
4.4. Opportunities
4.5. Challenges
5. Platinum Market, By Source
5.1. Key Points
5.2. Primary
5.3. Secondary
6. Platinum Market, By Application
6.1. Key Points
6.2. Exhaust Systems
6.3. Jewelry
6.4. Chemical Catalysts
6.5. Glass Production
6.6. Electronics
6.7. Other Applications
7. Competitive Landscape
7.1. Introduction
7.2. Recent Developments
7.2.1. Mergers & Acquisitions
7.2.2. New Product Developments
7.2.3. Portfolio/Production Capacity Expansions
7.2.4. Joint Ventures, Collaborations, Partnerships & Agreements
7.2.5. Others
8. Company Profiles
8.1 Vale SA
8.1.1 Company Overview
8.1.2 Product/Service Landscape
8.1.3 Financial Overview
8.1.4 Recent Developments
8.2 Asahi Holdings, Inc.,
8.2.1 Company Overview
8.2.2 Product/Service Landscape
8.2.3 Financial Overview
8.2.4 Recent Developments
8.3 African Rainbow Minerals
8.3.1 Company Overview
8.3.2 Product/Service Landscape
8.3.3 Financial Overview
8.3.4 Recent Developments
8.4 Eastern Platinum
8.4.1 Company Overview
8.4.2 Product/Service Landscape
8.4.3 Financial Overview
8.4.4 Recent Developments
8.5 Eurasia Mining PLC
8.5.1 Company Overview
8.5.2 Product/Service Landscape
8.5.3 Financial Overview
8.5.4 Recent Developments
8.6 Anglo American Platinum Ltd.
8.6.1 Company Overview
8.6.2 Product/Service Landscape
8.6.3 Financial Overview
8.6.4 Recent Developments
8.7 Implats Platinum Ltd.
8.7.1 Company Overview
8.7.2 Product/Service Landscape
8.7.3 Financial Overview
8.7.4 Recent Developments
8.8 Sibanye-Stillwater
8.8.1 Company Overview
8.8.2 Product/Service Landscape
8.8.3 Financial Overview
8.8.4 Recent Developments
8.8 Norilsk Nickel
8.8.1 Company Overview
8.8.2 Product/Service Landscape
8.8.3 Financial Overview
8.8.4 Recent Developments
8.9 Northam Platinum Ltd
8.9.1 Company Overview
8.9.2 Product/Service Landscape
8.9.3 Financial Overview
8.9.4 Recent Developments
The Platinum Market has been segmented as below:
Platinum Market, By Source
Platinum Market, By Application
Platinum Market, By Region
Platinum Market, By Company
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