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Global Platinum Group Metals Market 2017-2021

Global Platinum Group Metals Market 2017-2021

About Platinum Group Metals

PGMs consist of six chemical elements, which include platinum, palladium, rhodium, ruthenium, osmium, and iridium that are clustered together in the periodic table. These elements are called transition metals, and they have similar physical and chemical properties and appear in the d-block (groups 8, 9, and 10 and periods 5 and 6) of the periodic table.

Technavio’s analysts forecast the global platinum group metals market to grow at a CAGR of 3.09% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global platinum group metals market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of platinum group metals.

The market is divided into the following segments based on geography:

  • APAC
  • Europe
  • North America
  • ROW
Technavio's report, Global Platinum Group Metals Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Anglo American Platinum
  • Impala Platinum
  • JSC MMC Norilsk Nickel
  • Lonmin
  • Stillwater Mining
Other prominent vendors
  • North American Palladium
  • African Rainbow Minerals
  • Eastern Platinum
  • Glencore Xstrata
  • Aquarius Platinum
  • Johnson Matthey
Market driver
  • Increasing use of PGMs in automobiles
  • For a full, detailed list, view our report
Market challenge
  • Volatility in prices
  • For a full, detailed list, view our report
Market trend
  • Advances in technology
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Platinum Group Metals Market 2017-2021

Technavio recognizes the following companies as the key players in the global platinum group metals market: Anglo American Platinum, Impala Platinum, JSC MMC Norilsk Nickel, Lonmin, and Stillwater Mining.

Other Prominent Vendors in the market are: North American Palladium, African Rainbow Minerals,

Eastern Platinum, Glencore Xstrata, Aquarius Platinum, and Johnson Matthey.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is advances in technology. PGMs play a significant role in many technological innovations in many markets in recent years. These metals are used in the production of glass fiber for fiber optic cables, which helps in advanced telecommunication. PGMs are widely used in implants and tools in the medicine. They are also being considered a treatment option for cancer, and platinum is used as an active ingredient in chemotherapy drugs and also in the treatment of Parkinson's disease.”

According to the report, one of the major drivers for this market is increasing use of PGMs in automobiles. PGMs are widely used in autocatalysts that reduce the emission of various hazardous gases such as CO2 and NO2 from vehicles. In addition, these metals are also used in other automobile components such as antilock braking systems, air bag initiators, and spark plugs.

Further, the report states that one of the major factors hindering the growth of this market is volatility in prices. Metal prices are subject to fluctuation. Since South Africa is the major revenue contributor to the global PGM market, the rand to US dollar exchange plays an important role in this market's dynamics. A rise in the value of the rand will affect operating and production costs, thereby reducing the profit margins of the vendors.

Companies Mentioned

Anglo American Platinum, Impala Platinum, JSC MMC Norilsk Nickel, Lonmin, Stillwater Mining, North American Palladium, African Rainbow Minerals, Eastern Platinum, Glencore Xstrata, Aquarius Platinum, and Johnson Matthey.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Key market highlights
      • Table Classification of PGMs
  • Market landscape
    • Market overview
      • Table Segmentation of global PGMs market 2016-2021
    • Market size and forecast
      • Table Global PGMs market 2016 and 2021 (thousand ounces)
      • Table Market forecast: Global PGMs market 2016-2021
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by metal
    • Table Global PGMs market by metal 2016
    • Table Global PGMs market by metal 2021
    • Global market for palladium
      • Table Global market for palladium 2016 and 2021 (thousand ounces)
      • Table Market forecast: Global market for palladium 2016-2021
    • Global market for platinum
      • Table Global market for platinum 2016 and 2021 (thousand ounces)
      • Table Market forecast: Global market for platinum 2016-2021
    • Global market for ruthenium
      • Table Global market for ruthenium 2016 and 2021 (thousand ounces)
      • Table Market forecast: Global market for ruthenium 2016-2021
      • Table Global market for other PGMs 2016 and 2021 (thousand ounces)
      • Table Market forecast: Global market for other PGMs 2016-2021
  • Market segmentation by application
    • Table Global PGMs market by application 2016
    • Table Global PGMs market by application 2021
    • Global PGMs market for autocatalyst
      • Table Global PGMs market for autocatalyst 2016 and 2021 (thousand ounces)
      • Table Market forecast: Global PGMs market for autocatalyst 2016-2021
    • Global PGMs market for chemical manufacturing
      • Table Global PGMs market for chemical manufacturing 2016 and 2021 (thousand ounces)
      • Table Market forecast: Global PGMs market for chemical manufacturing 2016-2021
    • Global PGMs market for electricals and electronics
      • Table Global PGMs market for electricals and electronics 2016 and 2021 (thousand ounces)
      • Table Market forecast: Global PGMs market for electricals and electronics 2016-2021
    • Global PGMs market for jewelry
      • Table Global PGMs market for jewelry 2016 and 2021 (thousand ounces)
      • Table Market forecast: Global PGMs market for jewelry 2016-2021
    • Global PGMs market for other applications
      • Table Global PGMs market for other applications 2016 and 2021 (thousand ounces)
      • Table Market forecast: Global PGMs market for other applications 2016-2021
  • Geographic segmentation
    • Table Global PGMs market by geography 2016
    • Table Global PGMs market by geography 2021
    • PGMs market in APAC
      • Table PGMs market in APAC 2016 and 2021 (thousand ounces)
      • Table Market forecast: PGMs market in APAC 2016-2021
    • PGMs market in North America
      • Table PGMs market in North America 2016 and 2021 (thousand ounces)
      • Table Market forecast: PGMs market in North America 2016-2021
    • PGMs market in Europe
      • Table PGMs market in Europe 2016 and 2021 (thousand ounces)
      • Table Market forecast: PGMs market in Europe 2016-2021
    • PGMs market in ROW
      • Table PGMs market in ROW 2016 and 2021 (thousand ounces)
      • Table Market forecast: PGMs market in ROW 2016-2021
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Global automobile sales 2015-2020 (million units)
    • Impact of drivers on key regions
      • Table Impact of drivers
    • Market challenges
    • Impact of challenges on key regions
      • Table Impact of challenges
  • Market trends
    • Advances in technology
    • Production of PGMs from nuclear wastes
  • Vendor landscape
    • Competitive scenario
      • Table Key vendors of PGMs market
      • Table Key competitive factors of market
    • Other prominent vendors
  • Key vendor analysis
    • Anglo American Platinum
      • Table Anglo American Platinum: Business segmentation
      • Table Anglo American Platinum in PGMs market
    • Impala Platinum
      • Table Impala Platinum: Business segmentation
    • JSC MMC Norilsk Nickel
      • Table JSC MMC Norilsk Nickel: Business segmentation
    • Lonmin
      • Table Lonmin: Business segmentation
    • Stillwater Mining
      • Table Stillwater Mining: Business segmentation
  • Appendix
    • List of abbreviations
  • Explore Technavio

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