Platinum Market Analysis, Size, Regional Outlook, Competitive Strategies and Forecasts to 2027

Market Research Engine has published a new report titled asPlatinum Market Size by Source (Primary, Secondary), By Application (Exhaust Systems, Jewelry, Chemical Catalysts, Glass Production, Electronics, Other Applications), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast 2021-2027.”

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.

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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

  • Primary
  • Secondary

Platinum Market, By Application

  • Exhaust Systems
  • Jewelry
  • Chemical Catalysts
  • Glass Production
  • Electronics
  • Other Applications

Platinum Market, By Region

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

Platinum Market, By Company

  • 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

The report covers:

  • Global Platinum market sizes from 2021 to 2027, along with CAGR for 2021-2026
  • Market size comparison for 2021 vs 2027, with actual data for 2021, estimates for 2020 and forecast from 2021 to 2027
  • Global Platinum market trends, covering comprehensive range of consumer trends & manufacturer trends
  • Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Platinum market
  • Major market opportunities and challenges in forecast timeframe to be focused
  • Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
  • Comprehensive company profiles of the key industry players

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.

Reasons to Buy this Report:

  • Gain detailed insights on the Platinum industry trends
  • Find complete analysis on the market status
  • Identify the Platinum market opportunities and growth segments
  • Analyse competitive dynamics by evaluating business segments & product portfolios
  • Facilitate strategy planning and industry dynamics to enhance decision making


Customized report as per the requirement can be offered with appropriate recommendations

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Table of Contents:

  1.  Introduction
    1.1.    Key Points
    1.2.    Report Description
    1.3.    Markets Covered
    1.4.    Stakeholders
    2.    Research Methodology
    3.    Executive Summary
    4.    Market Overview

    5.    Platinum Market, By Source
    6.    Platinum Market, By Application 
    7.    Competitive Landscape
    8.    Company Profiles
    8.1 Vale SA
    8.2 Asahi Holdings, Inc.,
    8.3 African Rainbow Minerals
    8.4 Eastern Platinum
    8.5 Eurasia Mining PLC
    8.6 Anglo American Platinum Ltd.
    8.7 Implats Platinum Ltd.
    8.8 Sibanye-Stillwater
    8.9 Norilsk Nickel
    8.10 Northam Platinum Ltd


Market Research Engine is a global market research and consulting organization. We provide market intelligence in emerging, niche technologies and markets. Our market analysis powered by rigorous methodology and quality metrics provide information and forecasts across emerging markets, emerging technologies and emerging business models. Our deep focus on industry verticals and country reports help our clients to identify opportunities and develop business strategies.

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