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Global Platinum Market Size, Industry Analysis By Segmentations, Top Key Players, Trends, Future Development & Forecast 2024-2035

  • PUBLISHED ON
  • 3/1/2023
  • NO OF PAGES
  • 216
  • CATEGORY
  • Chemicals & Materials
Platinum market report presents a global overview of market shares, size, statistics, trends, demand, revenue and growth opportunities by key players, regions and countries. This report offers a complete market overview during the past, present, and the forecast period till 2032 which helps to identify future opportunities, risk factors, growing areas. Report also highlight on recent developments, technological innovations, market affecting factors, demographics analysis, demand and supply chain which gives brief strategy of market growth during the forecast period. It also gives in-depth insights on SWOT and PESTLE analysis based on industry segmentations and regional developments.

Market Overview:
The report provides a basic overview of the industry including definitions, classifications, and industry chain structure. The Platinum market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand, price, revenue and gross margins.

Report Scope:
The primary and secondary research is done in order to access up-to-date government regulations, market information and industry data. Data were collected from the Platinum manufacturers, distributors, end users, industry associations, governments’ industry bureaus, industry publications, industry experts, third party database, and our in-house databases. The report combines extensive quantitative analysis and exhaustive qualitative analysis, ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment by type, application and region and as a result provides a holistic view of as well as a deep insight into the Platinum market covering all its essential aspects.

Global Platinum Market: Segmentations


Global Platinum Market: By Types
Purity 5%
Purity 10%
Purity 99%
Others

Global Platinum Market: By Applications
Catalysis
Medical Tools
Flat Panel Monitors
Alloying Agent
Others

Global Platinum Market: Major Players
Anglo American Platinum
Stillwater Mining
Lonmin
Impala Platinum
Eastern Platinum
Norilsk Nickel
Glencore Xstrata
African Rainbow Minerals
North American Palladium

Global Platinum Market: By Regions
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)


Key Benefits:
• The analysis provides an overview of the factors driving and limiting the growth of the market including trends, structure and others.
• Market estimation for type and geographic segments is derived from the current market scenario and expected market trends.
• Porter’s Five Force Model and SWOT analysis are used to study the global Platinum market and would help stakeholders make strategic decisions.
• The analysis assists in understanding the strategies adopted by the companies for the growth of this market.
• In-depth analysis of the types of Platinum would help in identifying future applications in this market.

Reasons to Purchase this Report:
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support

Objectives of the Study:
• To provide with an exhaustive analysis on the Platinum Market by Product, By Application, By End User and by Region.
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions— North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
• To record and evaluate competitive landscape mapping- product launches, technological advancements, mergers and expansions
Base Year: 2023
Historic Year: 2016-2022
Forecast: 2024-2035
1 Market Overview
1.1 Platinum Introduction
1.2 Market Analysis by Type
1.2.1 Overview: Global Platinum Revenue by Type: 2017 Versus 2022 Versus 2032
1.2.2 Purity 5%
1.2.3 Purity 10%
1.2.4 Purity 99%
1.2.5 Others
1.3 Market Analysis by Application
1.3.1 Overview: Global Platinum Revenue by Application: 2017 Versus 2022 Versus 2032
1.3.2 Catalysis
1.3.3 Medical Tools
1.3.4 Flat Panel Monitors
1.3.5 Alloying Agent
1.3.6 Others
1.4 Global Platinum Market Size & Forecast
1.4.1 Global Platinum Sales in Value (2017-2032))
1.4.2 Global Platinum Sales in Volume (2017-2032)
1.4.3 Global Platinum Price by Type (2017-2032) & (USD/Kg)
1.5 Global Platinum Production Capacity Analysis
1.5.1 Global Platinum Total Production Capacity (2017-2032)
1.5.2 Global Platinum Production Capacity by Geographic Region
1.6 Market Drivers, Restraints and Trends
1.6.1 Platinum Market Drivers
1.6.2 Platinum Market Restraints
1.6.3 Platinum Trends Analysis
2 Manufacturers Profiles
2.1 Anglo American Platinum
2.1.1 Anglo American Platinum Details
2.1.2 Anglo American Platinum Major Business
2.1.3 Anglo American Platinum Platinum Product and Services
2.1.4 Anglo American Platinum Platinum Sales, Price, Revenue, Gross Margin and Market Share (2017-2022)
2.2 Stillwater Mining
2.2.1 Stillwater Mining Details
2.2.2 Stillwater Mining Major Business
2.2.3 Stillwater Mining Platinum Product and Services
2.2.4 Stillwater Mining Platinum Sales, Price, Revenue, Gross Margin and Market Share (2017-2022)
2.3 Lonmin
2.3.1 Lonmin Details
2.3.2 Lonmin Major Business
2.3.3 Lonmin Platinum Product and Services
2.3.4 Lonmin Platinum Sales, Price, Revenue, Gross Margin and Market Share (2017-2022)
2.4 Impala Platinum
2.4.1 Impala Platinum Details
2.4.2 Impala Platinum Major Business
2.4.3 Impala Platinum Platinum Product and Services
2.4.4 Impala Platinum Platinum Sales, Price, Revenue, Gross Margin and Market Share (2017-2022)
2.5 Eastern Platinum
2.5.1 Eastern Platinum Details
2.5.2 Eastern Platinum Major Business
2.5.3 Eastern Platinum Platinum Product and Services
2.5.4 Eastern Platinum Platinum Sales, Price, Revenue, Gross Margin and Market Share (2017-2022)
2.6 Norilsk Nickel
2.6.1 Norilsk Nickel Details
2.6.2 Norilsk Nickel Major Business
2.6.3 Norilsk Nickel Platinum Product and Services
2.6.4 Norilsk Nickel Platinum Sales, Price, Revenue, Gross Margin and Market Share (2017-2022)
2.7 Glencore Xstrata
2.7.1 Glencore Xstrata Details
2.7.2 Glencore Xstrata Major Business
2.7.3 Glencore Xstrata Platinum Product and Services
2.7.4 Glencore Xstrata Platinum Sales, Price, Revenue, Gross Margin and Market Share (2017-2022)
2.8 African Rainbow Minerals
2.8.1 African Rainbow Minerals Details
2.8.2 African Rainbow Minerals Major Business
2.8.3 African Rainbow Minerals Platinum Product and Services
2.8.4 African Rainbow Minerals Platinum Sales, Price, Revenue, Gross Margin and Market Share (2017-2022)
2.9 North American Palladium
2.9.1 North American Palladium Details
2.9.2 North American Palladium Major Business
2.9.3 North American Palladium Platinum Product and Services
2.9.4 North American Palladium Platinum Sales, Price, Revenue, Gross Margin and Market Share (2017-2022)
3 Platinum Sales by Manufacturer
3.1 Global Platinum Sales in Volume by Manufacturer (2017-2022e)
3.2 Global Platinum Revenue by Manufacturer (2017-2022e)
3.3 Key Manufacturer Market Position in Platinum
3.4 Market Concentration Rate
3.4.1 Top 3 Platinum Manufacturer Market Share
3.4.2 Top 6 Platinum Manufacturer Market Share
3.5 Global Platinum Production Capacity by Company
3.6 Manufacturer by Geography: Head Office and Platinum Production Site
3.7 New Entrant and Capacity Expansion Plans
3.8 Mergers & Acquisitions
4 Market Analysis by Region
4.1 Global Platinum Market Size by Region
4.1.1 Global Platinum Sales in Volume by Region (2017-2032)
4.1.2 Global Platinum Revenue by Region (2017-2032)
4.2 North America Platinum Revenue (2017-2032)
4.3 Europe Platinum Revenue (2017-2032)
4.4 Asia-Pacific Platinum Revenue (2017-2032)
4.5 South America Platinum Revenue (2017-2032)
4.6 Middle East and Africa Platinum Revenue (2017-2032)
5 Market Segment by Type
5.1 Global Platinum Sales in Volume by Type (2017-2032)
5.2 Global Platinum Revenue by Type (2017-2032)
5.3 Global Platinum Price by Type (2017-2032)
6 Market Segment by Application
6.1 Global Platinum Sales in Volume by Application (2017-2032)
6.2 Global Platinum Revenue by Application (2017-2032)
6.3 Global Platinum Price by Application (2017-2032)
7 North America by Country, by Type, and by Application
7.1 North America Platinum Sales by Type (2017-2032)
7.2 North America Platinum Sales by Application (2017-2032)
7.3 North America Platinum Market Size by Country
7.3.1 North America Platinum Sales in Volume by Country (2017-2032)
7.3.2 North America Platinum Revenue by Country (2017-2032)
7.3.3 United States Market Size and Forecast (2017-2032)
7.3.4 Canada Market Size and Forecast (2017-2032)
7.3.5 Mexico Market Size and Forecast (2017-2032)
8 Europe by Country, by Type, and by Application
8.1 Europe Platinum Sales by Type (2017-2032)
8.2 Europe Platinum Sales by Application (2017-2032)
8.3 Europe Platinum Market Size by Country
8.3.1 Europe Platinum Sales in Volume by Country (2017-2032)
8.3.2 Europe Platinum Revenue by Country (2017-2032)
8.3.3 Germany Market Size and Forecast (2017-2032)
8.3.4 France Market Size and Forecast (2017-2032)
8.3.5 United Kingdom Market Size and Forecast (2017-2032)
8.3.6 Russia Market Size and Forecast (2017-2032)
8.3.7 Italy Market Size and Forecast (2017-2032)
9 Asia-Pacific by Country, by Type, and by Application
9.1 Asia-Pacific Platinum Sales by Type (2017-2032)
9.2 Asia-Pacific Platinum Sales by Application (2017-2032)
9.3 Asia-Pacific Platinum Market Size by Region
9.3.1 Asia-Pacific Platinum Sales in Volume by Region (2017-2032)
9.3.2 Asia-Pacific Platinum Revenue by Region (2017-2032)
9.3.3 China Market Size and Forecast (2017-2032)
9.3.4 Japan Market Size and Forecast (2017-2032)
9.3.5 Korea Market Size and Forecast (2017-2032)
9.3.6 India Market Size and Forecast (2017-2032)
9.3.7 Southeast Asia Market Size and Forecast (2017-2032)
9.3.8 Australia Market Size and Forecast (2017-2032)
10 South America by Country, by Type, and by Application
10.1 South America Platinum Sales by Type (2017-2032)
10.2 South America Platinum Sales by Application (2017-2032)
10.3 South America Platinum Market Size by Country
10.3.1 South America Platinum Sales in Volume by Country (2017-2032)
10.3.2 South America Platinum Revenue by Country (2017-2032)
10.3.3 Brazil Market Size and Forecast (2017-2032)
10.3.4 Argentina Market Size and Forecast (2017-2032)
11 Middle East & Africa by Country, by Type, and by Application
11.1 Middle East & Africa Platinum Sales by Type (2017-2032)
11.2 Middle East & Africa Platinum Sales by Application (2017-2032)
11.3 Middle East & Africa Platinum Market Size by Country
11.3.1 Middle East & Africa Platinum Sales in Volume by Country (2017-2032)
11.3.2 Middle East & Africa Platinum Revenue by Country (2017-2032)
11.3.3 Turkey Market Size and Forecast (2017-2032)
11.3.4 Egypt Market Size and Forecast (2017-2032)
11.3.5 Saudi Arabia Market Size and Forecast (2017-2032)
11.3.6 South Africa Market Size and Forecast (2017-2032)
12 Sales Channel, Distributors, Traders and Dealers
12.1 Sales Channel
12.1.1 Direct Marketing
12.1.2 Indirect Marketing
12.2 Platinum Typical Distributors
12.3 Platinum Typical Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Methodology
14.2 Research Process and Data Source
14.3 Disclaimer

Quality Assurance Process

  1. We Market Research’s Quality Assurance program strives to deliver superior value to our clients.

We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.

Market Research Process




We Market Research monitors 3 important attributes during the QA process- Cost, Schedule & Quality. We believe them as a critical benchmark in achieving a project’s success.

To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
  • Project kickoff meeting with client
  • Conduct frequent client communications
  • Form project steering committee
  • Assign a senior SR executive as QA Executive
  • Conduct internal editorial & quality reviews of project deliverables
  • Certify project staff in SR methodologies & standards
  • Monitor client satisfaction
  • Monitor realized value post-project

Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached Straits Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2028.

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