Global Platinum Group Metals (PGM) Market (Platinum, Palladium & Rhodium): Insights & Forecast with Potential Impact of COVID-19 (2020-2024)

Publisher Name :
Date: 26-Jan-2021
No. of pages: 134
Inquire Before Buying

The global platinum group metals (PGM) supply is forecasted to reach 22.44 million ounces in 2024, growing at a CAGR of 6.8% for the period spanning 2020-2024.

The factors such as accelerating industrialization, rapid urbanization, increasing fuel cell demand and high adoption of platinum-based medicines are expected to drive the market. However, growth of the industry would be challenged by stringent regulations. Few notable trends include growing demand of PGM in light vehicles, technological advancements and rising industry consolidations activities. In 2020, the outbreak of COVID-19 pandemic has created an unfavorable impact on the market as the great lockdown has crushed the global economy and with it the manufacturing sector.

The six platinum-group metals are ruthenium, rhodium, palladium, osmium, iridium, and platinum. They have similar physical & chemical properties and tend to occur together in same mineral deposits. PGM is mostly valued for their wide range of industrial, medical, and electronic applications. These versatile metals play a significant role in many of the products which population use every day. Pyro-metallurgical processes are favoured for the recycling of PGM-bearing materials such as catalytic converters because of the high recovery rates. Wavelength dispersive x-ray fluorescence (WDXRF) technology is well established for the analysis of the recovered metal in either scenario because it offers high sensitivity down to low atomic number elements, high repeatability and element selectivity.

The fastest growing regional market is the South Africa owing to improving economic conditions, increasing smartphone consumption and growing number of platinum smelters in the region.

Scope of the report:


  • The report provides a comprehensive analysis of the global platinum group metals market grouped into platinum, palladium and rhodium.

  • The major markets (South Africa, Russia and North America) have been analysed.

  • The market dynamics such as growth drivers, market trends and challenges are analysed in-depth.

  • The competitive landscape of the market, along with the company profiles of leading players (Anglo American Platinum Limited, Impala Platinum Holdings Limited, The Norilsk Nickel Group, Northam Platinum Limited, Vale S.A. and Glencore PLC) are also presented in detail.


Key Target Audience:


  • PGM Suppliers

  • End Users

  • Consulting Firms

  • Investment Banks

  • Government Bodies & Regulating Authorities

Global Platinum Group Metals (PGM) Market (Platinum, Palladium & Rhodium): Insights & Forecast with Potential Impact of COVID-19 (2020-2024)

Table of Contents

1. Market Overview
1.1 Introduction
1.2 Classification of PGM
1.3 Characteristics of PGM
1.4 PGM Extraction and Refining
1.5 Applications

2. Impact of COVID-19
2.1 Introduction
2.2 High PGM Demand in HealthCare Sector
2.3 Rise in PGM Prices
2.4 Regional Impact

3. Global Platinum Group Metals (PGM) Market Analysis
3.1 Global PGM Supply
3.2 Global PGM Supply Forecast
3.3 Global PGM Supply by Types
3.3.1 Global Palladium Supply
3.3.2 Global Palladium Supply Forecast
3.3.3 Global Primary Palladium Supply by Region
3.3.4 Global Platinum Supply
3.3.5 Global Platinum Supply Forecast
3.3.6 Global Primary Platinum Supply by Region
3.3.7 Global Rhodium Supply
3.3.8 Global Rhodium Supply Forecast
3.3.9 Global Primary Rhodium Supply by Region
3.4 Global PGM Demand
3.5 Global PGM Demand Forecast
3.6 Global PGM Demand by Applications
3.6.1 Global Auto-catalyst PGM Demand
3.6.2 Global Auto-catalyst PGM Demand Forecast
3.6.3 Global Jewellery PGM Demand
3.6.4 Global Jewellery PGM Demand Forecast
3.6.5 Global Chemical PGM Demand
3.6.6 Global Chemical PGM Demand Forecast
3.6.7 Global Electrical PGM Demand
3.6.8 Global Electrical PGM Demand Forecast
3.7 Global PGM Demand by Types
3.7.1 Global Palladium Demand
3.7.2 Global Palladium Demand Forecast
3.7.3 Global Palladium Demand by Applications
3.7.4 Global Platinum Demand
3.7.5 Global Platinum Demand Forecast
3.7.6 Global Platinum Demand by Applications
3.7.7 Global Rhodium Demand
3.7.8 Global Rhodium Demand Forecast
3.7.9 Global Rhodium Demand by Applications

4. Regional Platinum Group Metals (PGM) Market Analysis
4.1 South Africa
4.1.1 South Africa Primary PGM Supply
4.1.2 South Africa Primary PGM Supply Forecast
4.1.3 South Africa Primary PGM Supply by Types
4.1.4 South Africa Primary Platinum Supply
4.1.5 South Africa Primary Platinum Supply Forecast
4.1.6 South Africa Primary Palladium Supply
4.1.7 South Africa Primary Palladium Supply Forecast
4.1.8 South Africa Primary Rhodium Supply
4.1.9 South Africa Primary Rhodium Supply Forecast
4.2 Russia
4.2.1 Russia Primary PGM Supply
4.2.2 Russia Primary PGM Supply Forecast
4.2.3 Russia Primary PGM Supply by Types
4.2.4 Russia Primary Palladium Supply
4.2.5 Russia Primary Palladium Supply Forecast
4.2.6 Russia Primary Platinum Supply
4.2.7 Russia Primary Platinum Supply Forecast
4.2.8 Russia Primary Rhodium Supply
4.2.9 Russia Primary Rhodium Supply Forecast
4.3 North America
4.3.1 North America Primary PGM Supply Forecast
4.3.2 North America Primary PGM Supply Forecast
4.3.3 North America Primary PGM Supply by Types
4.3.4 North America Primary Palladium Supply
4.3.5 North America Primary Palladium Supply Forecast
4.3.6 North America Primary Platinum Supply
4.3.7 North America Primary Platinum Supply Forecast
4.3.8 North America Primary Rhodium Supply
4.3.9 North America Primary Rhodium Supply Forecast

5. Market Dynamics
5.1 Growth Drivers
5.1.1 Accelerating Industrialization
5.1.2 Rapid Urbanization
5.1.3 Increasing Fuel Cell Demand
5.1.4 High Adoption of Platinum-based Medicines
5.2 Key Trends and Developments
5.2.1 Growing Demand of PGM in Light Vehicles
5.2.2 Technological Advancements
5.2.3 Rising Industry Consolidation Activities
5.3 Challenges
5.3.1 Stringent Regulations

6. Competitive Landscape
6.1 Global PGM Market
6.1.1 Key Players – Revenues Comparison
6.1.2 Key Players – Market Cap Comparison
6.1.3 Key Players – Primary Platinum Production Comparison

7. Company Profiles
7.1 Anglo American Platinum Limited
7.1.1 Business Overview
7.1.2 Financial Overview
7.1.3 Business Strategies
7.2 Impala Platinum Holdings Limited
7.2.1 Business Overview
7.2.2 Financial Overview
7.2.3 Business Strategies
7.3 The Norilsk Nickel Group
7.3.1 Business Overview
7.3.2 Financial Overview
7.3.3 Business Strategies
7.4 Northam Platinum Limited
7.4.1 Business Overview
7.4.2 Financial Overview
7.4.3 Business Strategies
7.5 Vale S.A.
7.5.1 Business Overview
7.5.2 Financial Overview
7.5.3 Business Strategies
7.6 Glencore PLC
7.6.1 Business Overview
7.6.2 Financial Overview
7.6.3 Business Strategies

List of Figures

Classification of PGM
Global PGM Supply (2015-2019)
Global PGM Supply Forecast (2020-2024)
Global PGM Supply by Types (2019)
Global Palladium Supply (2015-2019)
Global Palladium Supply Forecast (2020-2024)
Global Primary Palladium Supply by Region (2019)
Global Platinum Supply (2015-2019)
Global Platinum Supply Forecast (2020-2024)
Global Primary Platinum Supply by Region (2019)
Global Rhodium Supply (2015-2019)
Global Rhodium Supply Forecast (2020-2024)
Global Primary Rhodium Supply by Region (2019)
Global PGM Demand (2015-2019)
Global PGM Demand Forecast (2020-2024)
Global PGM Demand by Applications (2019)
Global Auto-catalyst PGM Demand (2015-2019)
Global Auto-catalyst PGM Demand Forecast (2020-2024)
Global Jewellery PGM Demand (2015-2019)
Global Jewellery PGM Demand Forecast (2020-2024)
Global Chemical PGM Demand (2015-2019)
Global Chemical PGM Demand Forecast (2020-2024)
Global Electrical PGM Demand (2015-2019)
Global Electrical PGM Demand Forecast (2020-2024)
Global PGM Demand by Types (2019)
Global Palladium Demand (2015-2019)
Global Palladium Demand Forecast (2020-2024)
Global Palladium Demand by Applications (2019)
Global Platinum Demand (2015-2019)
Global Platinum Demand Forecast (2020-2024)
Global Platinum Demand by Applications (2019)
Global Rhodium Demand (2015-2019)
Global Rhodium Demand Forecast (2020-2024)
Global Rhodium Demand by Applications (2019)
South Africa Primary PGM Supply (2015-2019)
South Africa Primary PGM Supply Forecast (2020-2024)
South Africa Primary PGM Supply by Types (2019)
South Africa Primary Platinum Supply (2015-2019)
South Africa Primary Platinum Supply Forecast (2020-2024)
South Africa Primary Palladium Supply (2015-2019)
South Africa Primary Palladium Supply Forecast (2020-2024)
South Africa Primary Rhodium Supply (2015-2019)
South Africa Primary Rhodium Supply Forecast (2020-2024)
Russia Primary PGM Supply (2015-2019)
Russia Primary PGM Supply Forecast (2020-2024)
Russia Primary PGM Supply by Types (2019)
Russia Primary Palladium Supply (2015-2019)
Russia Primary Palladium Supply Forecast (2020-2024)
Russia Primary Platinum Supply (2015-2019)
Russia Primary Platinum Supply Forecast (2020-2024)
Russia Primary Rhodium Supply (2015-2019)
Russia Primary Rhodium Supply Forecast (2020-2024)
North America Primary PGM Supply (2015-2019)
North America Primary PGM Supply Forecast (2020-2024)
North America Primary PGM Supply by Types (2019)
North America Primary Palladium Supply (2015-2019)
North America Primary Palladium Supply Forecast (2020-2024)
North America Primary Platinum Supply (2015-2019)
North America Primary Platinum Supply Forecast (2020-2024)
North America Primary Rhodium Supply (2015-2019)
North America Primary Rhodium Supply Forecast (2020-2024)
Global GDP per Capita (2015-2019)
Global Urban Population (2015-2019)
Global Fuel Cell Market (2015-2019)
Global PGM Consumption per Million Light Vehicles (2015-2019)
Key Players – Market Cap Comparison
Anglo American Platinum Revenues and Profit (Loss) (2015-2019)
Impala Platinum Revenues and Profit (Loss) (2016-2020)
Norilsk Nickel Revenues and Profit (2015-2019)
Norilsk Nickel Revenues by Segment (2019)
Northam Platinum Revenues and Profit (Loss) (2016-2020)
Vale Net Revenues and Net Income (Loss) (2015-2019)
Vale Net Revenues by Segments (2019)
Vale Net Revenues by Region (2019)
Glencore Revenues and Income (Loss) (2015-2019)
Glencore Revenues by Segment (2019)
Glencore Revenues by Region (2019)

List of Tables

Characteristics of PGM
PGM Prices (2019-2020)
Global Platinum Supply by Region (3Q2019-3Q2020)
Global PGM Market Consolidation (2019)
Key Players – Revenues Comparison (2019)
Key Players – Primary Platinum Production Comparison (2019)
Glencore Segment Areas

  • Global Photonic Crystals Market Growth 2021-2026
    Published: 25-Feb-2021        Price: US 3660 Onwards        Pages: 164
    According to this latest study, the 2020 growth of Photonic Crystals will have significant change from previous year. By the most conservative estimates of global Photonic Crystals market size (most likely outcome) will be a year-over-year revenue growth rate of XX% in 2020, from US$ 33720 million in 2019. Over the next five years the Photonic Crystals market will register a 6.6% CAGR in terms of revenue, the global market size will reach US$ 43600 million by 2025. This report pre......
  • Global Aluminum Foam Market Research Report 2021
    Published: 25-Feb-2021        Price: US 2900 Onwards        Pages: 99
    The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth. Segment by Type - Compressed Foam - Special Foam ......
  • Global One Component Foam Market Research Report 2021
    Published: 25-Feb-2021        Price: US 2900 Onwards        Pages: 121
    The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth. Segment by Type - MDI (Methylene Diphenyl Diisocyanate) ......
  • Global Antibacterial Glass Market Research Report 2021
    Published: 25-Feb-2021        Price: US 2900 Onwards        Pages: 116
    The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth. Segment by Type - Soluble Antimicrobial Glass - Porous A......
  • Global Nanoclay Reinforcement Market Research Report 2021
    Published: 25-Feb-2021        Price: US 2900 Onwards        Pages: 123
    The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth. Segment by Type - Sol-Gel Process - Intercalating Method......
  • Global Dichroic Filters Market Growth 2021-2026
    Published: 24-Feb-2021        Price: US 3660 Onwards        Pages: 166
    According to this latest study, the 2020 growth of Dichroic Filters will have significant change from previous year. By the most conservative estimates of global Dichroic Filters market size (most likely outcome) will be a year-over-year revenue growth rate of XX% in 2020, from US$ xx million in 2019. Over the next five years the Dichroic Filters market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2025. This report presents a co......
  • Global Plate Glass Market Growth 2021-2026
    Published: 24-Feb-2021        Price: US 3660 Onwards        Pages: 138
    According to this latest study, the 2020 growth of Plate Glass will have significant change from previous year. By the most conservative estimates of global Plate Glass market size (most likely outcome) will be a year-over-year revenue growth rate of XX% in 2020, from US$ xx million in 2019. Over the next five years the Plate Glass market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2025. This report presents a comprehensive ove......
  • Global Low Iron Glass for Concentrating Solar Power (CSP) Market Growth 2021-2026
    Published: 24-Feb-2021        Price: US 3660 Onwards        Pages: 137
    According to this latest study, the 2020 growth of Low Iron Glass for Concentrating Solar Power (CSP) will have significant change from previous year. By the most conservative estimates of global Low Iron Glass for Concentrating Solar Power (CSP) market size (most likely outcome) will be a year-over-year revenue growth rate of XX% in 2020, from US$ xx million in 2019. Over the next five years the Low Iron Glass for Concentrating Solar Power (CSP) market will register a xx% CAGR in terms of reven......
  • Global Metal Material for 3D Printing Market Growth 2021-2026
    Published: 24-Feb-2021        Price: US 3660 Onwards        Pages: 161
    According to this latest study, the 2020 growth of Metal Material for 3D Printing will have significant change from previous year. By the most conservative estimates of global Metal Material for 3D Printing market size (most likely outcome) will be a year-over-year revenue growth rate of XX% in 2020, from US$ xx million in 2019. Over the next five years the Metal Material for 3D Printing market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2025......
  • SERVICES
    Value for Money
    We believe in "optimum utilization of available budget and resources". While servicing our clients' (your) market research requirements, we keep the same approach in focus to help you get the best value for your $$s.
    Ever Growing Inventory
    Ranging from the smallest feasible / required data (datasheets, data facts, SWOT analysis, company profiles, etc) to full research reports that help you make decisions, our inventory is updated almost on a daily basis with the latest industry reports from domain experts that track more than 5000 niche sectors.
    One Stop Solution
    Need a custom research report on medical devices market? Require all available business intelligence on 3D printing industry? Exploring F&B sector of a particular country/region? RnRMarketResearch.com is your one-stop-solution to all market intelligence needs. We not only offer custom research and consulting services, we also "bundle" reports to meet your needs and help you fetch the data analysis you require for your business.
    Dedicated Client Engagement
    Not limited to only "finding" relevant reports for you, our client engagement team dedicates its efforts to understand your "business need" and accordingly maps available research data to help you move forward. Call "your" client engagement executive any time of your day and get your questions answered in order to make the correct business decision.
    Saving Time and Efforts
    Simply share your research requirement details with us and let us do all the hard work to find required intelligence for you. When you add up our "one stop solution" and "dedicated client engagement" services mentioned above, you obviously know the time and effort saving you do by working with us.
    Payment Flexibility
    Working with Fortune 500 organizations, we understand the importance of being flexible for payments. Share your payment terms with us and we will surely match up to them to ensure you get access to required business intelligence data without having to wait for the payment to be done.
    Post-Purchase Research Support
    Have questions after reading a report / datasheet bought through us? Not sure about the methodology used for data available in the research? Talk to us / Share your questions with us and if required, we will connect you with the analyst(s)/author(s) of the report(s) and ensure you get satisfactory answers for the same. Need more data / analysis / report(s) on the topic of your research/project? The RnRMarketResearch.com team is here for you 24X7 to support you with your post-purchase requirements. Subscription Offers & Packages (Get in touch with us for more details - [email protected] / +1 888 391 5441 )
    • Ad Hoc
    • Pay - as - you - go / Bucket Subscriptions
    • Fixed Cost for #of reports
    • Customize / Personalize as per your needs