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1754316

白金族の市場規模、シェア、動向、予測：金属の種類、用途、地域別、2025-2033年

Platinum Group Metals Market Size, Share, Trends and Forecast by Metal Type, Application, and Region, 2025-2033

出版日: 2025年06月02日
発行: IMARC
ページ情報: 英文 146 Pages
納期: 2～3営業日

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全表示
概要
図表
目次

概要

サンプル依頼リストに入れる

白金族の世界市場規模は、2024年に415億9,000万米ドルとなりました。今後、IMARC Groupは、2033年には566億1,000万米ドルに達し、2025年から2033年にかけて3.31%のCAGRを示すと予測しています。現在、アジア太平洋地域が市場を独占しており、2024年には44.0%以上の市場シェアを占めています。これは、自動車産業への強い関心と、産業部門およびクリーンエネルギー市場での需要拡大に後押しされています。供給は一部の地域に集中しているが、リサイクルや技術の進歩が供給力に影響を与えています。さらに、価格変動、環境政策、地政学的要因が市場力学と投資決定を形成しています。

白金族（PGM）市場は、特に自動車、エレクトロニクス、化学産業における工業用消費によって支配されています。触媒コンバーターにおけるPGMの需要は引き続き主要な原動力となっており、世界中で排ガス規制が強化されているため、自動車の排気システムにおけるプラチナ、パラジウム、ロジウムの需要が高まっています。PGMはまた、電気分解における主要触媒として水素の生産にも不可欠であり、クリーンエネルギーへの志向の高まりから利益をもたらしています。燃料電池と再生可能エネルギーの応用における技術革新は、PGMの市場需要をさらに押し上げます。加えて、宝飾品や投資ポートフォリオにおけるPGMの重要性の高まりが需要を牽引しています。

米国では、PGMの市場は国際的動向を反映するが、環境規制とエネルギー転換プログラムに関する政府政策のような地域的影響も受ける。米国はPGMの主要ユーザーであり、特に自動車製造ではプラチナとパラジウムが排ガス規制を遵守する上で重要な役割を果たしています。たとえば、業界の報告によると、2024年には、米国で電気自動車（EV）の購入を検討している消費者の80%以上が、完全な電気自動車モデルよりもプラグイン・ハイブリッド電気自動車（PHEV）を好むようになります。PHEVは従来のガソリン車よりも10～15%多くのプラチナを必要とするため、このような嗜好の変化は白金族（PGM）の需要増につながる可能性があり、プラチナ需要のさらなる増加を促しています。加えて、米国はグリーンテクノロジーと水素燃料電池への注力を強めており、PGMに新たな成長機会をもたらしています。

白金族市場動向：

電気自動車（EV）需要の増大

電気自動車（EV）への移行は、白金族、特にプラチナとパラジウムの需要拡大の最も大きな原動力の一つです。プラチナとパラジウムは、ガソリンやディーゼルなどの化石燃料エンジンの排ガスを管理する自動車産業の触媒コンバーターに主に使用されています。国際エネルギー機関（IEA）のデータによると、2022年のEV世界販売台数は1,050万台で、前年比55％増となります。排ガス規制がより厳しい国では、ハイブリッド車はまだ必要であり、顧客にEVへの移行を促すインセンティブがぶら下がっています。また、純粋な電気自動車はドライブトレイン自体にPGMを使用しないが、ハイブリッド車やプラグインハイブリッド車（PHEV）には、プラチナやパラジウムを使用する触媒コンバーターのスペースが残っています。持続可能性に対する世界の要求から、自動車部門は電化されつつあり、そのためPGMの需要が高まっています。今後、このような動向は、排出ガス削減と環境保護技術の採用に重点を置く主要マーケットプレースである欧州、中国、北米を中心に、EVの普及が進むにつれて拡大すると予想されます。

水素燃料電池の技術的進歩

水素燃料電池は、プラチナを中心とする白金族の需要を大量に創出する技術進歩のひとつと考えられています。Hydrogen Councilによると、水素経済は2050年までに2兆5,000億米ドルの収益を生み出す可能性があり、世界の水素市場は2023年から2030年までCAGR14.1%で拡大すると予測されています。プラチナを触媒として利用する水素燃料電池は、未来の「クリーン・エネルギー」として急速に台頭しつつあります。家庭用発電、産業用エネルギー生産、輸送部門までもが水素に依存する可能性があります。水素は水蒸気以外の排出物を出さないため、化石燃料に代わるクリーンな選択肢となり、二酸化炭素排出量を削減する魅力的な提案となります。プラチナの特性は、水素を効率的に製造・利用する燃料電池の触媒に不可欠です。国や企業がカーボンニュートラルの実現に向けて前進するなか、水素自動車やさまざまな産業用アプリケーションもまた、台頭の一途をたどっています。最近、特に欧州、日本、米国で、グリーン水素技術への大規模な投資が見られるようになり、その膨大な需要がプラチナ市場を大幅に押し上げると予想されています。水素燃料電池技術は、白金族市場の今後の成長を牽引する最も重要な理由のひとつです。

供給制約と地政学的リスク

地政学的要因が金属の入手可能性に大きく影響するため、PGM市場の供給リスクは非常に高いです。主要生産国は南アフリカ、ロシア、ジンバブエで、世界中で多くのプラチナとパラジウムを生産しています。地政学的な緊張、政情不安、労働争議などがあれば、供給力に影響を及ぼす可能性があります。市場で経験する供給不足は、価格変動につながる可能性があります。たとえば、南アフリカの採掘事業は世界のプラチナの約70%を占めているが、報道によると、労働争議や規制上の問題が発生しています。パラジウムの重要な供給国のひとつであるロシアは、国際的な制裁と貿易制限の強化を受けており、これが供給ストレスに拍車をかけています。このような供給の混乱は世界中に衝撃を与え、PGM価格に上昇圧力と不確実性をもたらすに違いないです。つまり、自動車メーカーや電子機器メーカーなど、生産にPGMを使用する企業は、PGMの代金をより多く支払う可能性があり、市況はより不安定になるということです。

北米
- 米国
- カナダ
アジア太平洋地域
- 中国
- 日本
- インド
- 韓国
- オーストラリア
- インドネシア
- その他
欧州
- ドイツ
- フランス
- 英国
- イタリア
- スペイン
- ロシア
- その他
ラテンアメリカ
- ブラジル
- メキシコ
- その他
中東・アフリカ
- 市場内訳：国別

第9章 SWOT分析

概要
強み
弱み
機会
脅威

第10章バリューチェーン分析

第11章ポーターのファイブフォース分析

概要
買い手の交渉力
供給企業の交渉力
競合の程度
新規参入業者の脅威
代替品の脅威

第12章価格分析

第13章競合情勢

市場構造
主要企業
主要企業のプロファイル
- African Rainbow Minerals Limited
- Anglo American Platinum Limited
- Eastern Platinum Limited
- Glencore plc
- Impala Platinum Holdings Limited
- Johnson Matthey
- Northam Platinum Limited
- Royal Bafokeng Platinum Ltd.
- Sibanye-Stillwater

図表

List of Figures

Figure 1: Global: Platinum Group Metals Market: Major Drivers and Challenges
Figure 2: Global: Platinum Group Metals Market: Sales Value (in Billion USD), 2019-2024
Figure 3: Global: Platinum Group Metals Market Forecast: Sales Value (in Billion USD), 2025-2033
Figure 4: Global: Platinum Group Metals Market: Breakup by Metal Type (in %), 2024
Figure 5: Global: Platinum Group Metals Market: Breakup by Application (in %), 2024
Figure 6: Global: Platinum Group Metals Market: Breakup by Region (in %), 2024
Figure 7: Global: Platinum Group Metals (Platinum) Market: Sales Value (in Million USD), 2019 & 2024
Figure 8: Global: Platinum Group Metals (Platinum) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 9: Global: Platinum Group Metals (Palladium) Market: Sales Value (in Million USD), 2019 & 2024
Figure 10: Global: Platinum Group Metals (Palladium) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 11: Global: Platinum Group Metals (Rhodium) Market: Sales Value (in Million USD), 2019 & 2024
Figure 12: Global: Platinum Group Metals (Rhodium) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 13: Global: Platinum Group Metals (Iridium) Market: Sales Value (in Million USD), 2019 & 2024
Figure 14: Global: Platinum Group Metals (Iridium) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 15: Global: Platinum Group Metals (Ruthenium) Market: Sales Value (in Million USD), 2019 & 2024
Figure 16: Global: Platinum Group Metals (Ruthenium) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 17: Global: Platinum Group Metals (Osmium) Market: Sales Value (in Million USD), 2019 & 2024
Figure 18: Global: Platinum Group Metals (Osmium) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 19: Global: Platinum Group Metals (Auto Catalysts) Market: Sales Value (in Million USD), 2019 & 2024
Figure 20: Global: Platinum Group Metals (Auto Catalysts) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 21: Global: Platinum Group Metals (Electrical and Electronics) Market: Sales Value (in Million USD), 2019 & 2024
Figure 22: Global: Platinum Group Metals (Electrical and Electronics) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 23: Global: Platinum Group Metals (Fuel Cells) Market: Sales Value (in Million USD), 2019 & 2024
Figure 24: Global: Platinum Group Metals (Fuel Cells) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 25: Global: Platinum Group Metals (Glass, Ceramics and Pigments) Market: Sales Value (in Million USD), 2019 & 2024
Figure 26: Global: Platinum Group Metals (Glass, Ceramics and Pigments) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 27: Global: Platinum Group Metals (Jewellery) Market: Sales Value (in Million USD), 2019 & 2024
Figure 28: Global: Platinum Group Metals (Jewellery) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 29: Global: Platinum Group Metals (Medical (Dental and Pharmaceuticals)) Market: Sales Value (in Million USD), 2019 & 2024
Figure 30: Global: Platinum Group Metals (Medical (Dental and Pharmaceuticals)) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 31: Global: Platinum Group Metals (Chemicals) Market: Sales Value (in Million USD), 2019 & 2024
Figure 32: Global: Platinum Group Metals (Chemicals) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 33: Global: Platinum Group Metals (Other Applications) Market: Sales Value (in Million USD), 2019 & 2024
Figure 34: Global: Platinum Group Metals (Other Applications) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 35: North America: Platinum Group Metals Market: Sales Value (in Million USD), 2019 & 2024
Figure 36: North America: Platinum Group Metals Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 37: United States: Platinum Group Metals Market: Sales Value (in Million USD), 2019 & 2024
Figure 38: United States: Platinum Group Metals Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 39: Canada: Platinum Group Metals Market: Sales Value (in Million USD), 2019 & 2024
Figure 40: Canada: Platinum Group Metals Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 41: Asia-Pacific: Platinum Group Metals Market: Sales Value (in Million USD), 2019 & 2024
Figure 42: Asia-Pacific: Platinum Group Metals Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 43: China: Platinum Group Metals Market: Sales Value (in Million USD), 2019 & 2024
Figure 44: China: Platinum Group Metals Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 45: Japan: Platinum Group Metals Market: Sales Value (in Million USD), 2019 & 2024
Figure 46: Japan: Platinum Group Metals Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 47: India: Platinum Group Metals Market: Sales Value (in Million USD), 2019 & 2024
Figure 48: India: Platinum Group Metals Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 49: South Korea: Platinum Group Metals Market: Sales Value (in Million USD), 2019 & 2024
Figure 50: South Korea: Platinum Group Metals Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 51: Australia: Platinum Group Metals Market: Sales Value (in Million USD), 2019 & 2024
Figure 52: Australia: Platinum Group Metals Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 53: Indonesia: Platinum Group Metals Market: Sales Value (in Million USD), 2019 & 2024
Figure 54: Indonesia: Platinum Group Metals Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 55: Others: Platinum Group Metals Market: Sales Value (in Million USD), 2019 & 2024
Figure 56: Others: Platinum Group Metals Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 57: Europe: Platinum Group Metals Market: Sales Value (in Million USD), 2019 & 2024
Figure 58: Europe: Platinum Group Metals Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 59: Germany: Platinum Group Metals Market: Sales Value (in Million USD), 2019 & 2024
Figure 60: Germany: Platinum Group Metals Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 61: France: Platinum Group Metals Market: Sales Value (in Million USD), 2019 & 2024
Figure 62: France: Platinum Group Metals Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 63: United Kingdom: Platinum Group Metals Market: Sales Value (in Million USD), 2019 & 2024
Figure 64: United Kingdom: Platinum Group Metals Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 65: Italy: Platinum Group Metals Market: Sales Value (in Million USD), 2019 & 2024
Figure 66: Italy: Platinum Group Metals Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 67: Spain: Platinum Group Metals Market: Sales Value (in Million USD), 2019 & 2024
Figure 68: Spain: Platinum Group Metals Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 69: Russia: Platinum Group Metals Market: Sales Value (in Million USD), 2019 & 2024
Figure 70: Russia: Platinum Group Metals Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 71: Others: Platinum Group Metals Market: Sales Value (in Million USD), 2019 & 2024
Figure 72: Others: Platinum Group Metals Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 73: Latin America: Platinum Group Metals Market: Sales Value (in Million USD), 2019 & 2024
Figure 74: Latin America: Platinum Group Metals Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 75: Brazil: Platinum Group Metals Market: Sales Value (in Million USD), 2019 & 2024
Figure 76: Brazil: Platinum Group Metals Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 77: Mexico: Platinum Group Metals Market: Sales Value (in Million USD), 2019 & 2024
Figure 78: Mexico: Platinum Group Metals Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 79: Others: Platinum Group Metals Market: Sales Value (in Million USD), 2019 & 2024
Figure 80: Others: Platinum Group Metals Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 81: Middle East and Africa: Platinum Group Metals Market: Sales Value (in Million USD), 2019 & 2024
Figure 82: Middle East and Africa: Platinum Group Metals Market: Breakup by Country (in %), 2024
Figure 83: Middle East and Africa: Platinum Group Metals Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 84: Global: Platinum Group Metals Industry: SWOT Analysis
Figure 85: Global: Platinum Group Metals Industry: Value Chain Analysis
Figure 86: Global: Platinum Group Metals Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Platinum Group Metals Market: Key Industry Highlights, 2024 and 2033
Table 2: Global: Platinum Group Metals Market Forecast: Breakup by Metal Type (in Million USD), 2025-2033
Table 3: Global: Platinum Group Metals Market Forecast: Breakup by Application (in Million USD), 2025-2033
Table 4: Global: Platinum Group Metals Market Forecast: Breakup by Region (in Million USD), 2025-2033
Table 5: Global: Platinum Group Metals Market: Competitive Structure
Table 6: Global: Platinum Group Metals Market: Key Players

Product Code: SR112025A5894

The global platinum group metals market size was valued at USD 41.59 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 56.61 Billion by 2033, exhibiting a CAGR of 3.31% from 2025-2033. Asia Pacific currently dominates the market, holding a market share of over 44.0% in 2024, propelled by strong automotive industry interest and growing demand in the industrial sector and clean energy market. Supply remains concentrated in a few regions, while recycling and technological advancements influence availability. Moreover, price volatility, environmental policies, and geopolitical factors shape market dynamics and investment decisions.

The market for platinum group metals (PGMs) is dominated by industrial consumption, especially in the automotive, electronics, and chemical industries. Demand for PGMs in catalytic converters continues to be a major driver, with stricter emission controls around the world fueling demand for platinum, palladium, and rhodium in exhaust systems for vehicles. PGMs are also vital in the production of hydrogen as key catalysts in electrolysis, which gains from the increasing drive towards clean energy. Technological innovation in fuel cells and applications of renewable energy further boosts PGMs' market demand. Additionally, increasing significance of PGMs in jewelry and investment portfolios is driving demand, as these metals are viewed as a store of value in times of economic uncertainty.

In the United States, the market for PGMs mirrors international trends but is also subject to local influences like government policy regarding environmental regulations and energy transition programs. The U.S. is a major user of PGMs, especially in automotive manufacturing, where platinum and palladium play a critical role in complying with emission requirements. For instance, as per industry reports, in 2024, more than 80% of consumers in the United States who were considering purchasing an electric vehicle (EV) preferred a plug-in hybrid electric vehicle (PHEV) over a fully electric model. This shift in preference could lead to increased demand for platinum group metals (PGMs), as PHEVs require 10-15% more platinum than conventional petrol vehicles, which is driving further increased platinum demand. Additionally, the country's increasing focus on green technologies and hydrogen fuel cells offers new growth opportunities for PGMs, positioning the U.S. as a critical player in shaping global demand.

Platinum Group Metals Market Trends:

Increasing Demand for Electric Vehicles (EVs)

The transition to electric vehicles (EVs) is among the most significant drivers of growth in demand for platinum group metals, particularly platinum and palladium. They are predominantly utilized in catalytic converters by the automotive industry to manage exhaust emissions in fossil fuel engines like gasoline and diesel. Based on the data by International Energy Agency (IEA), global EV sales were 10.5 million units in 2022, a 55% rise compared to the last year. Hybrid cars are still required for nations with stricter emission controls that hold incentives dangling to prompt customers to transition to EVs. Besides, though pure electric vehicles do not use PGMs in the drivetrain themselves, hybrid and plug-in hybrid electric vehicles (PHEVs) still have space for catalytic converters that use platinum and palladium. Because of worldwide demands for sustainability, the automotive sector is becoming electrified, thus making PGMs more sought after. In the future, this type of trend can be anticipated to expand as EVs keep on gaining popularity, mainly in the key marketplaces of Europe, China, and North America, all of which are placing a strong emphasis on emissions reduction and greener technology adoption.

Technological Advancements in Hydrogen Fuel Cells

Hydrogen fuel cells are considered to be among the technological advancement that will massively create a demand for platinum group metals, mainly for platinum. According to the Hydrogen Council, the hydrogen economy could generate USD 2.5 trillion in revenue by 2050, with the global hydrogen market projected to expand at a compound annual growth rate (CAGR) of 14.1% from 2023 to 2030. Hydrogen fuel cells, utilizing platinum as a catalyst, are fast emerging as the 'clean energy' for the future. Even residential power generation, industrial energy production, and transportation sectors may depend on it. Hydrogen provides a cleaner option for fossil fuels, as it produces no emissions except for water vapor, making it an attractive proposition to reduce carbon footprints. Platinum's features make it essential for the catalyst in fuel cells to produce and utilize hydrogen efficiently. As countries and businesses move ahead to achieve carbon-neutrality, hydrogen-powered vehicles and various industrial applications are also on the rising edge. Major investments in the technology of green hydrogen have lately been seen, especially in Europe, Japan, and the U.S. Its huge demand is expected to boost the platinum market substantially. Hydrogen fuel cell technology is one of the most crucial reasons for driving the future growth of the platinum group metals market.

Supply Constraints and Geopolitical Risks

Supply risks in the PGM market are very high as geopolitical factors considerably influence the metal's availability. Key producing countries are South Africa, Russia, and Zimbabwe and produce a lot of platinum and palladium around the world. Any form of tension between geopolitics, political instability, or labor strikes could affect the availability of supply. The shortages experienced in the markets could result in price volatility. For example, mining operations in South Africa account for about 70% of the world's platinum and have experienced labor unrest and regulatory issues, as per reports. Russia, which is one of the significant suppliers of palladium, has been subject to increased international sanctions and trade restrictions, which only added to supply stress. Such supply disruptions are bound to send shockwaves around the world and cause upward pressure on PGM prices and create uncertainty. That means that companies that use PGMs for production, such as automotive producers and electronics manufacturers, may pay more for it and market conditions will be more volatile.

Platinum Group MetalsIndustry Segmentation:

Analysis by Metal Type:

Platinum
Palladium
Rhodium
Iridium
Ruthenium
Osmium

Platinum leads the market with around 31.8% of market share in 2024, driven by its versatility and critical applications. It is widely used in automotive catalytic converters to reduce emissions, representing a significant portion of global demand. Platinum's function also includes hydrogen production, where it is used as a catalyst in fuel cells, facilitating the shift to clean energy. Platinum's uses in electronics, jewelry, and chemical industries also cement its market leadership. Platinum's high corrosion resistance and superior catalytic properties render it irreplaceable, guaranteeing sustained demand regardless of volatile market conditions and supply limitations.

Analysis by Application:

Auto Catalysts
Electrical and Electronics
Fuel Cells
Glass, Ceramics and Pigments
Jewellery
Medical (Dental and Pharmaceuticals)
Chemicals
Others

Auto catalyst leads the market with around 26.5% of market share in 2024, accounting for a significant share of overall demand. PGMs, particularly platinum, palladium, and rhodium, are essential in automotive catalytic converters, where they reduce harmful emissions from vehicle exhaust systems. As governments worldwide enforce stricter emission standards, the demand for PGMs in auto catalysts has surged. This trend is further supported by the global shift towards electric vehicles and cleaner combustion technologies. Despite evolving automotive technologies, auto catalysts remain a critical application, driving the majority of platinum group metal consumption in the automotive industry.

Regional Analysis:

North America
- United States
- Canada
Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
Latin America
- Brazil
- Mexico
- Others
Middle East and Africa

In 2024, Asia Pacific accounted for the largest market share of over 44.0%, primarily due to its significant automotive and industrial sectors. Countries like China, Japan, and India are major consumers of PGMs, with a strong focus on catalytic converters for emission control in vehicles. The region's rapid industrialization and expanding manufacturing base drive further demand for PGMs in electronics, chemical processes, and hydrogen production technologies. Additionally, Asia Pacific's growing commitment to environmental regulations and clean energy solutions supports the increasing adoption of PGMs in green technologies. For instance, as per s 2023 report by UN ESCAP, renewable energy investment in Asia-Pacific surged to over USD 335 billion in 2022, representing approximately 55% of global funding. As a result, the region remains the largest consumer and a key driver of global PGM market growth.

Key Regional Takeaways:

United States Platinum Group Metal Market Analysis

The demand from automotive, electronics, and jewellery sectors dominates the U.S. Platinum Group Metals (PGM). According to the World Bank International Trade Statistics, in 2023, the U.S. imported about 56,244 kg of platinum and 62,220 kilograms of palladium. Then again, the automotive sector is the biggest consumer, using platinum and palladium in catalytic converters. The rising demand for electric vehicles (EVs) has seen a shift in demand dynamics; with palladium gradually being replaced by platinum in fuel cells as traditional vehicle applications are substituted. In addition, the U.S. government is investing in clean energy technologies and, as such, the demand for PGMs is anticipated to rise significantly, particularly platinum. Among market players, major contributors are Johnson Matthey and Anglo-American Platinum with significant presence in the United States and the benefit of utilization on both sides-domestic and exports. Innovations in the area of technologies relating to battery and hydrogen fuel cell are further set to improve growth in this market.

North America Platinum Group Metal Market Analysis

The North America platinum group metals (PGMs) market is driven by strong demand from the automotive and industrial sectors. The automotive industry relies on PGMs, particularly platinum, palladium, and rhodium, for catalytic converters to meet stringent emission regulations. The growing focus on clean energy technologies, such as hydrogen fuel cells, also supports PGM demand. Furthermore, PGMs are vital in electronics, chemical production, and jewelry. The U.S. and Canada's commitment to environmental standards and green energy initiatives accelerates the adoption of PGMs in various applications. For instance, in June 2024, four leading North American catalytic converter recyclers-PGM of Texas, Legend Smelting and Recycling, Daniel Ball Converter Recycling, and Maryland Core, Inc.-rebranded as Elemental North America. This consolidation reflects their expanded capabilities in recovering and refining strategic metals, including PGMs, to support green initiatives and sustainable development. Despite supply challenges, including limited mining activity and geopolitical factors, North America's market remains a key contributor to global PGM consumption.

Europe Platinum Group Metal Market Analysis

Europe's PGM market is booming with the growing automotive production. The increasing growth in the industry is further influenced by the increasing shift towards electric vehicles (EVs) and hydrogen fuel cells. According to recent data published by the European Commission, the EU has offered around €800 million (around USD 874 million) for the "European Hydrogen Bank" auction as the first investment in green hydrogen projects in the bloc. Germany, another major producer, has also significantly invested in clean automotive technologies. In 2023, €6 billion (USD 6.5 billion) was dedicated to hydrogen development, as per reports. Platinum and palladium are used in both automotive emissions reduction technologies and industrial applications. In addition, Europe's jewellery and electronics industries drive demand, using platinum in high-end items and semiconductor manufacturing. The region's strict environmental laws are forcing the automobile manufacturers to opt for cleaner technologies, thus increasing the demand for PGMs. Large players like Impala Platinum and Norilsk Nickel are active in Europe and supply both the automotive and industrial sectors.

Asia Pacific Platinum Group Metal Market Analysis

The Asia Pacific PGM market is growing steadily, mainly influenced by the vibrant automotive sector that has been registering high growths in China and India. Indeed, China has produced 26.3 million vehicles in the year 2023, bringing in a phenomenal demand for both palladium and platinum in their catalytic converters, as per reports. India's automobile sector is also following an upward trend, with a proposed defense budget for 2023-2024 estimated at USD 72.6 billion as per an industrial report, further driving up consumption of PGM in defense related applications. Electronics manufacturing leadership in Japan continues to expand platinum demand in semiconductor applications. Increased push toward FCEVs by China has driven platinum demand and plays a significant role in the consumption of PGM at the global level. Regional investments in hydrogen fuel cells and renewable energy technologies, such as in South Korea, are expected to support further demand growth. Market leaders like Sumitomo Metal Mining and Anglo-American Platinum are well-positioned to capitalize on these trends.

Latin America Platinum Group Metal Market Analysis

In Latin America, the market for PGM can be supported by steady growth in automotive production and mining. According to a report from the Brazilian Mining Institute, some of the platinum reserves in the region are among the largest in the world, thus making for steady domestic supply. Industrial report has indicated that Brazil's automobile sector is thriving. In the country, there will be production of 2.2 million vehicles in 2023, as per reports. Palladium usage in catalytic converters will also increase due to such demand. Demand for platinum has also risen lately in jewellery-making industries due to increased interests from countries such as Colombia and Argentina. Some mining companies within the country include Vale, whose local extraction can support both national and international supplies. Brazil is bound to increase investment in cleaner technologies and sustainable mining practices, further boosting demand for PGM, especially platinum for hydrogen fuel cells. Government policies targeting the strengthening of local mining activities and curtailing imports will further cement this region's presence in the international PGM market.

Middle East and Africa Platinum Group Metal Market Analysis

The Middle East and Africa region has a mixed demand for PGMs. Growth in this region is being influenced by automotive, jewellery, and industrial sectors. South Africa is a leading player in the PGM market, holding some of the largest platinum reserves worldwide, contributing highly to exports. In 2022, South Africa was the source of around 70% of the global platinum produced, according to the International Platinum Group Metals Association. The automotive segment in the region, especially from countries like UAE and Saudi, is driving a demand for these metals in their catalytic converter applications. A rise in the investment in the clean energy segment and hydrogen-related technologies, predominantly in Saudi and UAE, may increase platinum-based fuel cell requirements. The investments in electronics and jewellery sectors add to the requirements of PGMs in this region. Anglo American Platinum and Impala Platinum are the biggest players in the region, still capitalizing on both local and global demand.

Competitive Landscape:

The platinum group metals (PGMs) market is highly competitive, with a few key players dominating production and refining activities. These major producers control the majority of global PGM supply, primarily from regions such as South Africa and Russia. For instance, according to industry reports, South Africa produced 120,000 kg of platinum in 2023, becoming the world's leading producer. Alongside mining, the market includes companies focused on refining, recycling, and trading PGMs, which helps stabilize supply amid disruptions. Competition is further shaped by technological advancements, particularly in recycling and catalytic applications, which drive demand. Additionally, fluctuating metal prices, geopolitical factors, and strict environmental regulations play crucial roles in influencing market dynamics, requiring companies to adapt quickly to shifting supply and demand conditions.

The report provides a comprehensive analysis of the competitive landscape in the platinum group metals market with detailed profiles of all major companies, including:

African Rainbow Minerals Limited
Anglo American Platinum Limited
Eastern Platinum Limited
Glencore plc
Impala Platinum Holdings Limited
Johnson Matthey
Northam Platinum Limited
Royal Bafokeng Platinum Ltd.
Sibanye-Stillwater

1 Preface

2 Scope and Methodology

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

4.1 Overview
4.2 Key Industry Trends

5 Global Platinum Group Metals Market

5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 Market Breakup by Metal Type

6.1 Platinum
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
6.2 Palladium
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
6.3 Rhodium
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
6.4 Iridium
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
6.5 Ruthenium
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
6.6 Osmium
- 6.6.1 Market Trends
- 6.6.2 Market Forecast

7 Market Breakup by Application

7.1 Auto Catalysts
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
7.2 Electrical and Electronics
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
7.3 Fuel Cells
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
7.4 Glass, Ceramics and Pigments
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
7.5 Jewellery
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
7.6 Medical (Dental and Pharmaceuticals)
- 7.6.1 Market Trends
- 7.6.2 Market Forecast
7.7 Chemicals
- 7.7.1 Market Trends
- 7.7.2 Market Forecast
7.8 Others
- 7.8.1 Market Trends
- 7.8.2 Market Forecast

8 Market Breakup by Region

8.1 North America
- 8.1.1 United States
  - 8.1.1.1 Market Trends
  - 8.1.1.2 Market Forecast
- 8.1.2 Canada
  - 8.1.2.1 Market Trends
  - 8.1.2.2 Market Forecast
8.2 Asia-Pacific
- 8.2.1 China
  - 8.2.1.1 Market Trends
  - 8.2.1.2 Market Forecast
- 8.2.2 Japan
  - 8.2.2.1 Market Trends
  - 8.2.2.2 Market Forecast
- 8.2.3 India
  - 8.2.3.1 Market Trends
  - 8.2.3.2 Market Forecast
- 8.2.4 South Korea
  - 8.2.4.1 Market Trends
  - 8.2.4.2 Market Forecast
- 8.2.5 Australia
  - 8.2.5.1 Market Trends
  - 8.2.5.2 Market Forecast
- 8.2.6 Indonesia
  - 8.2.6.1 Market Trends
  - 8.2.6.2 Market Forecast
- 8.2.7 Others
  - 8.2.7.1 Market Trends
  - 8.2.7.2 Market Forecast
8.3 Europe
- 8.3.1 Germany
  - 8.3.1.1 Market Trends
  - 8.3.1.2 Market Forecast
- 8.3.2 France
  - 8.3.2.1 Market Trends
  - 8.3.2.2 Market Forecast
- 8.3.3 United Kingdom
  - 8.3.3.1 Market Trends
  - 8.3.3.2 Market Forecast
- 8.3.4 Italy
  - 8.3.4.1 Market Trends
  - 8.3.4.2 Market Forecast
- 8.3.5 Spain
  - 8.3.5.1 Market Trends
  - 8.3.5.2 Market Forecast
- 8.3.6 Russia
  - 8.3.6.1 Market Trends
  - 8.3.6.2 Market Forecast
- 8.3.7 Others
  - 8.3.7.1 Market Trends
  - 8.3.7.2 Market Forecast
8.4 Latin America
- 8.4.1 Brazil
  - 8.4.1.1 Market Trends
  - 8.4.1.2 Market Forecast
- 8.4.2 Mexico
  - 8.4.2.1 Market Trends
  - 8.4.2.2 Market Forecast
- 8.4.3 Others
  - 8.4.3.1 Market Trends
  - 8.4.3.2 Market Forecast
8.5 Middle East and Africa
- 8.5.1 Market Trends
- 8.5.2 Market Breakup by Country
- 8.5.3 Market Forecast

9 SWOT Analysis

9.1 Overview
9.2 Strengths
9.3 Weaknesses
9.4 Opportunities
9.5 Threats

10 Value Chain Analysis

11 Porters Five Forces Analysis

11.1 Overview
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Competition
11.5 Threat of New Entrants
11.6 Threat of Substitutes

12 Price Analysis

13 Competitive Landscape

13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
- 13.3.1 African Rainbow Minerals Limited
  - 13.3.1.1 Company Overview
  - 13.3.1.2 Product Portfolio
  - 13.3.1.3 Financials
- 13.3.2 Anglo American Platinum Limited
  - 13.3.2.1 Company Overview
  - 13.3.2.2 Product Portfolio
  - 13.3.2.3 Financials
  - 13.3.2.4 SWOT Analysis
- 13.3.3 Eastern Platinum Limited
  - 13.3.3.1 Company Overview
  - 13.3.3.2 Product Portfolio
  - 13.3.3.3 Financials
  - 13.3.3.4 SWOT Analysis
- 13.3.4 Glencore plc
  - 13.3.4.1 Company Overview
  - 13.3.4.2 Product Portfolio
  - 13.3.4.3 Financials
  - 13.3.4.4 SWOT Analysis
- 13.3.5 Impala Platinum Holdings Limited
  - 13.3.5.1 Company Overview
  - 13.3.5.2 Product Portfolio
  - 13.3.5.3 Financials
- 13.3.6 Johnson Matthey
  - 13.3.6.1 Company Overview
  - 13.3.6.2 Product Portfolio
  - 13.3.6.3 Financials
  - 13.3.6.4 SWOT Analysis
- 13.3.7 Northam Platinum Limited
  - 13.3.7.1 Company Overview
  - 13.3.7.2 Product Portfolio
- 13.3.8 Royal Bafokeng Platinum Ltd.
  - 13.3.8.1 Company Overview
  - 13.3.8.2 Product Portfolio
  - 13.3.8.3 Financials
- 13.3.9 Sibanye-Stillwater
  - 13.3.9.1 Company Overview
  - 13.3.9.2 Product Portfolio

白金族の市場規模、シェア、動向、予測：金属の種類、用途、地域別、2025-2033年

Platinum Group Metals Market Size, Share, Trends and Forecast by Metal Type, Application, and Region, 2025-2033

白金族市場動向：

目次

第1章 序文

第2章 調査範囲と調査手法

第3章 エグゼクティブサマリー

第4章 イントロダクション

第5章 世界の白金族市場

第6章 市場内訳：金属の種類別

第7章 市場内訳：用途別

第8章 市場内訳：地域別

第9章 SWOT分析

第10章 バリューチェーン分析

第11章 ポーターのファイブフォース分析

第12章 価格分析

第13章 競合情勢