Platinum Market
PUBLISHED: 2020 ID: SMRC19990
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Platinum Market

Platinum - Global Market Outlook (2019 -2027)

4.7 (18 reviews)
4.7 (18 reviews)
Published: 2020 ID: SMRC19990

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Platinum Market is accounted for $5.97 billion in 2019 and is expected to reach $10.12 billion by 2027 growing at a CAGR of 6.8% during the forecast period. Rise in the usage of platinum in the petrochemical industry for speeding up processes and growth in the automotive industry utilising platinum catalyst for toxic emission control are the major factor propelling the market growth. However, high cost is hampering the market growth.

 

Platinum - Global Market Outlook  (2019 -2027)

 

Platinum is a gray-white colored precious metal. It has important applications in the global production of autocatalysts, jewelry, chemicals, and many more. It is a biologically compatible metal because of its non-toxic nature. It is highly resistant to corrosion, among other desirable traits, and thus has a value somewhat similar to gold.

Based on the application, the automotive segment is estimated to have lucrative growth due to the greater use of commodity to manufacturer catalytic converters for vehicles. The increasing pressure from regulatory bodies around the globe has pushed the automotive vendors to enhance their fuel efficiency while minimizing the overall pollutant emission. This is anticipated to remain a key driver for the segment growth over the forecast period.

By geography, Asia Pacific is going to have lucrative growth during the forecast period due to the presence of automotive manufacturing powerhouses, such as India, China, and Japan. In addition, the implementation of new regulatory norms, such as BS-VI in Indian automotive sector, is likely to push the manufacturers to reduce pollutant emission and enhance fuel efficiency. Another key aspect of promoting regional growth is a strong demand for the product as an investment commodity.

Some of the key players profiled in the Platinum Market include African Rainbow Minerals, Anglo American Platinum Ltd., Asahi Holdings, Inc., Eastern Platinum, Eurasia Mining PLC, Implats Platinum Ltd., Norilsk Nickel, Northam Platinum Ltd., Sibanye-Stillwater, Vale SA, Chimet SpA, Heesung PMTech, Hindustan Platinum Pvt. Ltd, Heraeus Holding, and Johnson Matthey.

Sources Covered:
• Secondary
• Primary

Types Covered:
• Purity 99%
• Purity 10%
• Purity 5%

Applications Covered:
• Automotive
• Industrial
• Investment
• Jewelry
• Electronics
• Exhaust Systems
• Chemical Catalysts
• Glass Production
• Flat Panel Monitors
• Medical Tools
• Alloying Agent

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan        
o China        
o India        
o Australia  
o New Zealand
o South Korea
o Rest of Asia Pacific    
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa 
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019 2020, 2024, and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary             
               
2 Preface  
           
 2.1 Abstract             
 2.2 Stake Holders            
 2.3 Research Scope            
 2.4 Research Methodology           
  2.4.1 Data Mining           
  2.4.2 Data Analysis           
  2.4.3 Data Validation           
  2.4.4 Research Approach           
 2.5 Research Sources            
  2.5.1 Primary Research Sources          
  2.5.2 Secondary Research Sources          
  2.5.3 Assumptions           
               
3 Market Trend Analysis  
         
 3.1 Introduction            
 3.2 Drivers             
 3.3 Restraints            
 3.4 Opportunities            
 3.5 Threats             
 3.6 Application Analysis           
 3.7 Emerging Markets            
 3.8 Impact of Covid-19            
               
4 Porters Five Force Analysis            
 4.1 Bargaining power of suppliers           
 4.2 Bargaining power of buyers           
 4.3 Threat of substitutes           
 4.4 Threat of new entrants           
 4.5 Competitive rivalry            
               
5 Global Platinum Market, By Source           
 5.1 Introduction            
 5.2 Secondary            
 5.3 Primary             
               
6 Global Platinum Market, By Type           
 6.1 Introduction            
 6.2 Purity 99%            
 6.3 Purity 10%            
 6.4 Purity 5%             
               
7 Global Platinum Market, By Application           
 7.1 Introduction            
 7.2 Automotive            
 7.3 Industrial             
 7.4 Investment            
 7.5 Jewelry             
 7.6 Electronics            
 7.7 Exhaust Systems            
 7.8 Chemical Catalysts            
 7.9 Glass Production            
 7.10 Flat Panel Monitors            
 7.11 Medical Tools            
 7.12 Alloying Agent            
               
8 Global Platinum Market, By Geography  
        
 8.1 Introduction            
 8.2 North America            
  8.2.1 US            
  8.2.2 Canada            
  8.2.3 Mexico            
 8.3 Europe             
  8.3.1 Germany            
  8.3.2 UK            
  8.3.3 Italy            
  8.3.4 France            
  8.3.5 Spain            
  8.3.6 Rest of Europe           
 8.4 Asia Pacific            
  8.4.1 Japan            
  8.4.2 China            
  8.4.3 India            
  8.4.4 Australia            
  8.4.5 New Zealand           
  8.4.6 South Korea           
  8.4.7 Rest of Asia Pacific           
 8.5 South America            
  8.5.1 Argentina           
  8.5.2 Brazil            
  8.5.3 Chile            
  8.5.4 Rest of South America          
 8.6 Middle East & Africa           
  8.6.1 Saudi Arabia           
  8.6.2 UAE            
  8.6.3 Qatar            
  8.6.4 South Africa           
  8.6.5 Rest of Middle East & Africa          
               
9 Key Developments      
      
 9.1 Agreements, Partnerships, Collaborations and Joint Ventures        
 9.2 Acquisitions & Mergers           
 9.3 New Product Launch           
 9.4 Expansions            
 9.5 Other Key Strategies           
               
10 Company Profiling             
 10.1 African Rainbow Minerals           
 10.2 Anglo American Platinum Ltd.           
 10.3 Asahi Holdings, Inc.,           
 10.4 Eastern Platinum            
 10.5 Eurasia Mining PLC            
 10.6 Implats Platinum Ltd.           
 10.7 Norilsk Nickel            
 10.8 Northam Platinum Ltd.           
 10.9 Sibanye-Stillwater            
 10.10 Vale SA             
 10.11 Chimet SpA            
 10.12 Heesung PMTech            
 10.13 Hindustan Platinum Pvt. Ltd           
 10.14 Heraeus Holding            
 10.15 Johnson Matthey                        


List of Tables              
1 Global Platinum Market Outlook, By Region (2018-2027) ($MN)        
2 Global Platinum Market Outlook, By Source (2018-2027) ($MN)        
3 Global Platinum Market Outlook, By Secondary (2018-2027) ($MN)        
4 Global Platinum Market Outlook, By Primary (2018-2027) ($MN)        
5 Global Platinum Market Outlook, By Type (2018-2027) ($MN)         
6 Global Platinum Market Outlook, By Purity 99% (2018-2027) ($MN)        
7 Global Platinum Market Outlook, By Purity 10% (2018-2027) ($MN)        
8 Global Platinum Market Outlook, By Purity 5% (2018-2027) ($MN)        
9 Global Platinum Market Outlook, By Application (2018-2027) ($MN)        
10 Global Platinum Market Outlook, By Automotive (2018-2027) ($MN)        
11 Global Platinum Market Outlook, By Industrial (2018-2027) ($MN)        
12 Global Platinum Market Outlook, By Investment (2018-2027) ($MN)        
13 Global Platinum Market Outlook, By Jewelry (2018-2027) ($MN)        
14 Global Platinum Market Outlook, By Electronics (2018-2027) ($MN)        
15 Global Platinum Market Outlook, By Exhaust Systems (2018-2027) ($MN)        
16 Global Platinum Market Outlook, By Chemical Catalysts (2018-2027) ($MN)       
17 Global Platinum Market Outlook, By Glass Production (2018-2027) ($MN)        
18 Global Platinum Market Outlook, By Flat Panel Monitors (2018-2027) ($MN)       
19 Global Platinum Market Outlook, By Medical Tools (2018-2027) ($MN)        
20 Global Platinum Market Outlook, By Alloying Agent (2018-2027) ($MN)        
21 North America Platinum Market Outlook, By Country (2018-2027) ($MN)        
22 North America Platinum Market Outlook, By Source (2018-2027) ($MN)        
23 North America Platinum Market Outlook, By Secondary (2018-2027) ($MN)       
24 North America Platinum Market Outlook, By Primary (2018-2027) ($MN)        
25 North America Platinum Market Outlook, By Type (2018-2027) ($MN)        
26 North America Platinum Market Outlook, By Purity 99% (2018-2027) ($MN)       
27 North America Platinum Market Outlook, By Purity 10% (2018-2027) ($MN)       
28 North America Platinum Market Outlook, By Purity 5% (2018-2027) ($MN)       
29 North America Platinum Market Outlook, By Application (2018-2027) ($MN)       
30 North America Platinum Market Outlook, By Automotive (2018-2027) ($MN)       
31 North America Platinum Market Outlook, By Industrial (2018-2027) ($MN)       
32 North America Platinum Market Outlook, By Investment (2018-2027) ($MN)       
33 North America Platinum Market Outlook, By Jewelry (2018-2027) ($MN)        
34 North America Platinum Market Outlook, By Electronics (2018-2027) ($MN)       
35 North America Platinum Market Outlook, By Exhaust Systems (2018-2027) ($MN)       
36 North America Platinum Market Outlook, By Chemical Catalysts (2018-2027) ($MN)       
37 North America Platinum Market Outlook, By Glass Production (2018-2027) ($MN)       
38 North America Platinum Market Outlook, By Flat Panel Monitors (2018-2027) ($MN)      
39 North America Platinum Market Outlook, By Medical Tools (2018-2027) ($MN)       
40 North America Platinum Market Outlook, By Alloying Agent (2018-2027) ($MN)       
41 Europe Platinum Market Outlook, By Country (2018-2027) ($MN)        
42 Europe Platinum Market Outlook, By Source (2018-2027) ($MN)        
43 Europe Platinum Market Outlook, By Secondary (2018-2027) ($MN)        
44 Europe Platinum Market Outlook, By Primary (2018-2027) ($MN)        
45 Europe Platinum Market Outlook, By Type (2018-2027) ($MN)         
46 Europe Platinum Market Outlook, By Purity 99% (2018-2027) ($MN)        
47 Europe Platinum Market Outlook, By Purity 10% (2018-2027) ($MN)        
48 Europe Platinum Market Outlook, By Purity 5% (2018-2027) ($MN)        
49 Europe Platinum Market Outlook, By Application (2018-2027) ($MN)        
50 Europe Platinum Market Outlook, By Automotive (2018-2027) ($MN)        
51 Europe Platinum Market Outlook, By Industrial (2018-2027) ($MN)        
52 Europe Platinum Market Outlook, By Investment (2018-2027) ($MN)        
53 Europe Platinum Market Outlook, By Jewelry (2018-2027) ($MN)        
54 Europe Platinum Market Outlook, By Electronics (2018-2027) ($MN)        
55 Europe Platinum Market Outlook, By Exhaust Systems (2018-2027) ($MN)       
56 Europe Platinum Market Outlook, By Chemical Catalysts (2018-2027) ($MN)       
57 Europe Platinum Market Outlook, By Glass Production (2018-2027) ($MN)       
58 Europe Platinum Market Outlook, By Flat Panel Monitors (2018-2027) ($MN)       
59 Europe Platinum Market Outlook, By Medical Tools (2018-2027) ($MN)        
60 Europe Platinum Market Outlook, By Alloying Agent (2018-2027) ($MN)        
61 Asia Pacific Platinum Market Outlook, By Country (2018-2027) ($MN)        
62 Asia Pacific Platinum Market Outlook, By Source (2018-2027) ($MN)        
63 Asia Pacific Platinum Market Outlook, By Secondary (2018-2027) ($MN)        
64 Asia Pacific Platinum Market Outlook, By Primary (2018-2027) ($MN)        
65 Asia Pacific Platinum Market Outlook, By Type (2018-2027) ($MN)        
66 Asia Pacific Platinum Market Outlook, By Purity 99% (2018-2027) ($MN)        
67 Asia Pacific Platinum Market Outlook, By Purity 10% (2018-2027) ($MN)        
68 Asia Pacific Platinum Market Outlook, By Purity 5% (2018-2027) ($MN)        
69 Asia Pacific Platinum Market Outlook, By Application (2018-2027) ($MN)        
70 Asia Pacific Platinum Market Outlook, By Automotive (2018-2027) ($MN)        
71 Asia Pacific Platinum Market Outlook, By Industrial (2018-2027) ($MN)        
72 Asia Pacific Platinum Market Outlook, By Investment (2018-2027) ($MN)        
73 Asia Pacific Platinum Market Outlook, By Jewelry (2018-2027) ($MN)        
74 Asia Pacific Platinum Market Outlook, By Electronics (2018-2027) ($MN)        
75 Asia Pacific Platinum Market Outlook, By Exhaust Systems (2018-2027) ($MN)       
76 Asia Pacific Platinum Market Outlook, By Chemical Catalysts (2018-2027) ($MN)       
77 Asia Pacific Platinum Market Outlook, By Glass Production (2018-2027) ($MN)       
78 Asia Pacific Platinum Market Outlook, By Flat Panel Monitors (2018-2027) ($MN)       
79 Asia Pacific Platinum Market Outlook, By Medical Tools (2018-2027) ($MN)       
80 Asia Pacific Platinum Market Outlook, By Alloying Agent (2018-2027) ($MN)       
81 South America Platinum Market Outlook, By Country (2018-2027) ($MN)        
82 South America Platinum Market Outlook, By Source (2018-2027) ($MN)        
83 South America Platinum Market Outlook, By Secondary (2018-2027) ($MN)       
84 South America Platinum Market Outlook, By Primary (2018-2027) ($MN)        
85 South America Platinum Market Outlook, By Type (2018-2027) ($MN)        
86 South America Platinum Market Outlook, By Purity 99% (2018-2027) ($MN)       
87 South America Platinum Market Outlook, By Purity 10% (2018-2027) ($MN)       
88 South America Platinum Market Outlook, By Purity 5% (2018-2027) ($MN)       
89 South America Platinum Market Outlook, By Application (2018-2027) ($MN)       
90 South America Platinum Market Outlook, By Automotive (2018-2027) ($MN)       
91 South America Platinum Market Outlook, By Industrial (2018-2027) ($MN)       
92 South America Platinum Market Outlook, By Investment (2018-2027) ($MN)       
93 South America Platinum Market Outlook, By Jewelry (2018-2027) ($MN)        
94 South America Platinum Market Outlook, By Electronics (2018-2027) ($MN)       
95 South America Platinum Market Outlook, By Exhaust Systems (2018-2027) ($MN)       
96 South America Platinum Market Outlook, By Chemical Catalysts (2018-2027) ($MN)       
97 South America Platinum Market Outlook, By Glass Production (2018-2027) ($MN)       
98 South America Platinum Market Outlook, By Flat Panel Monitors (2018-2027) ($MN)      
99 South America Platinum Market Outlook, By Medical Tools (2018-2027) ($MN)       
100 South America Platinum Market Outlook, By Alloying Agent (2018-2027) ($MN)       
101 Middle East & Africa Platinum Market Outlook, By Country (2018-2027) ($MN)       
102 Middle East & Africa Platinum Market Outlook, By Source (2018-2027) ($MN)       
103 Middle East & Africa Platinum Market Outlook, By Secondary (2018-2027) ($MN)       
104 Middle East & Africa Platinum Market Outlook, By Primary (2018-2027) ($MN)       
105 Middle East & Africa Platinum Market Outlook, By Type (2018-2027) ($MN)       
106 Middle East & Africa Platinum Market Outlook, By Purity 99% (2018-2027) ($MN)       
107 Middle East & Africa Platinum Market Outlook, By Purity 10% (2018-2027) ($MN)       
108 Middle East & Africa Platinum Market Outlook, By Purity 5% (2018-2027) ($MN)       
109 Middle East & Africa Platinum Market Outlook, By Application (2018-2027) ($MN)       
110 Middle East & Africa Platinum Market Outlook, By Automotive (2018-2027) ($MN)       
111 Middle East & Africa Platinum Market Outlook, By Industrial (2018-2027) ($MN)       
112 Middle East & Africa Platinum Market Outlook, By Investment (2018-2027) ($MN)       
113 Middle East & Africa Platinum Market Outlook, By Jewelry (2018-2027) ($MN)       
114 Middle East & Africa Platinum Market Outlook, By Electronics (2018-2027) ($MN)       
115 Middle East & Africa Platinum Market Outlook, By Exhaust Systems (2018-2027) ($MN)      
116 Middle East & Africa Platinum Market Outlook, By Chemical Catalysts (2018-2027) ($MN)      
117 Middle East & Africa Platinum Market Outlook, By Glass Production (2018-2027) ($MN)      
118 Middle East & Africa Platinum Market Outlook, By Flat Panel Monitors (2018-2027) ($MN)      
119 Middle East & Africa Platinum Market Outlook, By Medical Tools (2018-2027) ($MN)      
120 Middle East & Africa Platinum Market Outlook, By Alloying Agent (2018-2027) ($MN)

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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