Due to the COVID-19 pandemic, the global Platinum Ingots market size is estimated to be worth US$ 6323 million in 2022 and is forecast to a readjusted size of US$ 8431 million by 2028 with a CAGR of 4.48% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, 99.95% accounting for 61.3% of the Platinum Ingots global market in 2021, is projected to value US$ 1078 million by 2028, growing at a revised 4.42% CAGR from 2022 to 2028. While Automotive Catalysts segment is altered to an 4.53 % CAGR throughout this forecast period.
South Africa Platinum Ingots market size was US$ 4754 million in 2021, while Russia was US$ 511 million. The proportion of the South Africa was 75% in 2021, while Russia percentage was 8%, and it is predicted that Russia market share will reach 6% in 2028, trailing a CAGR of 0.04 % through the analysis period.
The global major manufacturers of Platinum Ingots include Nornickel, Anglo American Platinum (ANGPY), Impala Platinum, SBYSF, Northam Platinum, Heraeus, and etc. In terms of revenue, the global three largest players hold a 65% market share of Platinum Ingots in 2021.
Palladium supplies are likely to remain tight until at least 2025, after which prices are expected to fall to around $1,500 an ounce. We believe that the palladium market will be in substantial contraction until 2025. In the long term, we do not see palladium prices staying above $2,000 an ounce, and likely to fall to around $1,500, and we expect platinum prices to rise sharply. Platinum prices could rise to $2,500 to $2,700 an ounce from 2025 as automakers switch to using more platinum.
Drivers and Restrains:
The research report has incorporated the analysis of different factors that augment the market's growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milesK ozes. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert's opinions have been taken to understand the market better.
Segment Analysis:
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 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
By Company
- Anglo American Platinum (ANGPY)
- Impala Platinum
- SBYSF
- Northam Platinum
- Nornickel
- Heraeus
- American Elements
- Sino-Platinum Metals
- Jiangsu BGRIMM Metal Recycling
Segment by Type
Segment by Application
- Automotive Catalysts
- Jewelry
- Industrial
- Investments
Production by Region
- South Africa
- Russia
- Zimbabwe
- Canada
- U.S.
Consumption by Region
- Asia-Pacific
- China
- Japan
- South Korea
- China Taiwan
- Southeast Asia
- India
- Australia
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Rest of Europe
- South America
- Mexico
- Brazil
- Rest of South America
TABLE OF CONTENTS
1 PLATINUM INGOTS MARKET OVERVIEW
- 1.1 PRODUCT OVERVIEW AND SCOPE OF PLATINUM INGOTS
- 1.2 PLATINUM INGOTS SEGMENT BY TYPE
- 1.3 PLATINUM INGOTS SEGMENT BY APPLICATION
- 1.3.1 GLOBAL PLATINUM INGOTS MARKET SIZE GROWTH RATE ANALYSIS BY APPLICATION: 2022 VS 2028
- 1.3.2 AUTOMOTIVE CATALYSTS
- 1.3.3 JEWELRY
- 1.3.4 INDUSTRIAL
- 1.3.5 INVESTMENTS
- 1.4 GLOBAL MARKET GROWTH PROSPECTS
- 1.4.1 GLOBAL PLATINUM INGOTS REVENUE ESTIMATES AND FORECASTS (2017-2028)
- 1.4.2 GLOBAL PLATINUM INGOTS PRODUCTION CAPACITY ESTIMATES AND FORECASTS (2017-2028)
- 1.4.3 GLOBAL PLATINUM INGOTS PRODUCTION ESTIMATES AND FORECASTS (2017-2028)
- 1.5 GLOBAL MARKET SIZE BY REGION
- 1.5.1 GLOBAL PLATINUM INGOTS MARKET SIZE ESTIMATES AND FORECASTS BY REGION: 2017 VS 2022 VS 2028
- 1.5.2 SOUTH AFRICA PLATINUM INGOTS ESTIMATES AND FORECASTS (2017-2028)
- 1.5.3 RUSSIA PLATINUM INGOTS ESTIMATES AND FORECASTS (2017-2028)
- 1.5.4 ZIMBABWE PLATINUM INGOTS ESTIMATES AND FORECASTS (2017-2028)
- 1.5.5 CANADA PLATINUM INGOTS ESTIMATES AND FORECASTS (2017-2028)
- 1.5.6 U.S. PLATINUM INGOTS ESTIMATES AND FORECASTS (2017-2028)
2 MARKET COMPETITION BY MANUFACTURERS
- 2.1 GLOBAL PLATINUM INGOTS PRODUCTION CAPACITY MARKET SHARE BY MANUFACTURERS (2017-2022)
- 2.2 GLOBAL PLATINUM INGOTS REVENUE MARKET SHARE BY MANUFACTURERS (2017-2022)
- 2.3 PLATINUM INGOTS MARKET SHARE BY COMPANY TYPE (TIER 1, TIER 2, AND TIER 3)
- 2.4 GLOBAL PLATINUM INGOTS AVERAGE PRICE BY MANUFACTURERS (2017-2022)
- 2.5 MANUFACTURERS PLATINUM INGOTS PRODUCTION SITES, AREA SERVED, PRODUCT TYPE
- 2.6 PLATINUM INGOTS MARKET COMPETITIVE SITUATION AND TRENDS
- 2.6.1 PLATINUM INGOTS MARKET CONCENTRATION RATE
- 2.6.2 GLOBAL 5 AND 10 LARGEST PLATINUM INGOTS PLAYERS MARKET SHARE BY REVENUE
- 2.6.3 MERGERS & ACQUISITIONS, EXPANSION
3 PRODUCTION CAPACITY BY REGION
- 3.1 GLOBAL PRODUCTION OF PLATINUM INGOTS MARKET SHARE BY REGION (2017-2022)
- 3.2 GLOBAL PLATINUM INGOTS REVENUE MARKET SHARE BY REGION (2017-2022)
- 3.3 GLOBAL PLATINUM INGOTS PRODUCTION CAPACITY, REVENUE, PRICE AND GROSS MARGIN (2017-2022)
- 3.4 SOUTH AFRICA PLATINUM INGOTS PRODUCTION
- 3.4.1 SOUTH AFRICA PLATINUM INGOTS PRODUCTION GROWTH RATE (2017-2022)
- 3.4.2 SOUTH AFRICA PLATINUM INGOTS PRODUCTION, REVENUE, PRICE AND GROSS MARGIN (2017-2022)
- 3.5 RUSSIA PLATINUM INGOTS PRODUCTION
- 3.5.1 RUSSIA PLATINUM INGOTS PRODUCTION GROWTH RATE (2017-2022)
- 3.5.2 RUSSIA PLATINUM INGOTS PRODUCTION, REVENUE, PRICE AND GROSS MARGIN (2017-2022)
- 3.6 ZIMBABWE PLATINUM INGOTS PRODUCTION (2017-2022)
- 3.6.1 ZIMBABWE PLATINUM INGOTS PRODUCTION GROWTH RATE (2017-2022)
- 3.6.2 ZIMBABWE PLATINUM INGOTS PRODUCTION, REVENUE, PRICE AND GROSS MARGIN (2017-2022)
- 3.7 CANADA PLATINUM INGOTS PRODUCTION (2017-2022)
- 3.7.1 CANADA PLATINUM INGOTS PRODUCTION GROWTH RATE (2017-2022)
- 3.7.2 CANADA PLATINUM INGOTS PRODUCTION, REVENUE, PRICE AND GROSS MARGIN (2017-2022)
- 3.8 U.S. PLATINUM INGOTS PRODUCTION (2017-2022)
- 3.8.1 U.S. PLATINUM INGOTS PRODUCTION GROWTH RATE (2017-2022)
- 3.8.2 U.S. PLATINUM INGOTS PRODUCTION, REVENUE, PRICE AND GROSS MARGIN (2017-2022)
4 PLATINUM INGOTS CONSUMPTION BY REGION
- 4.1 GLOBAL PLATINUM INGOTS CONSUMPTION BY REGION
- 4.1.1 GLOBAL PLATINUM INGOTS CONSUMPTION BY REGION
- 4.1.2 GLOBAL PLATINUM INGOTS CONSUMPTION MARKET SHARE BY REGION
- 4.2 NORTH AMERICA
- 4.2.1 NORTH AMERICA PLATINUM INGOTS CONSUMPTION BY COUNTRY
- 4.2.2 U.S.
- 4.2.3 CANADA
- 4.3 EUROPE
- 4.3.1 EUROPE PLATINUM INGOTS CONSUMPTION BY COUNTRY
- 4.3.2 GERMANY
- 4.3.3 FRANCE
- 4.3.4 U.K.
- 4.3.5 ITALY
- 4.3.6 RUSSIA
- 4.4 ASIA PACIFIC
- 4.4.1 ASIA PACIFIC PLATINUM INGOTS CONSUMPTION BY REGION
- 4.4.2 CHINA
- 4.4.3 JAPAN
- 4.4.4 SOUTH KOREA
- 4.4.5 CHINA TAIWAN
- 4.4.6 SOUTHEAST ASIA
- 4.4.7 INDIA
- 4.4.8 AUSTRALIA
- 4.5 LATIN AMERICA
- 4.5.1 LATIN AMERICA PLATINUM INGOTS CONSUMPTION BY COUNTRY
- 4.5.2 MEXICO
- 4.5.3 BRAZIL
5 SEGMENT BY TYPE
- 5.1 GLOBAL PLATINUM INGOTS PRODUCTION MARKET SHARE BY TYPE (2017-2022)
- 5.2 GLOBAL PLATINUM INGOTS REVENUE MARKET SHARE BY TYPE (2017-2022)
- 5.3 GLOBAL PLATINUM INGOTS PRICE BY TYPE (2017-2022)
6 SEGMENT BY APPLICATION
- 6.1 GLOBAL PLATINUM INGOTS PRODUCTION MARKET SHARE BY APPLICATION (2017-2022)
- 6.2 GLOBAL PLATINUM INGOTS REVENUE MARKET SHARE BY APPLICATION (2017-2022)
- 6.3 GLOBAL PLATINUM INGOTS PRICE BY APPLICATION (2017-2022)
7 KEY COMPANIES PROFILED
- 7.1 ANGLO AMERICAN PLATINUM (ANGPY)
- 7.1.1 ANGLO AMERICAN PLATINUM (ANGPY) PLATINUM INGOTS CORPORATION INFORMATION
- 7.1.2 ANGLO AMERICAN PLATINUM (ANGPY) PLATINUM INGOTS PRODUCTION CAPACITY, REVENUE, PRICE AND GROSS MARGIN (2017-2022)
- 7.1.3 ANGLO AMERICAN PLATINUM (ANGPY) MAIN BUSINESS AND MARKETS SERVED
- 7.1.4 ANGLO AMERICAN PLATINUM (ANGPY) RECENT DEVELOPMENTS/UPDATES
- 7.2 IMPALA PLATINUM
- 7.2.1 IMPALA PLATINUM PLATINUM INGOTS CORPORATION INFORMATION
- 7.2.2 IMPALA PLATINUM PLATINUM INGOTS PRODUCTION CAPACITY, REVENUE, PRICE AND GROSS MARGIN (2017-2022)
- 7.2.3 IMPALA PLATINUM MAIN BUSINESS AND MARKETS SERVED
- 7.2.4 IMPALA PLATINUM RECENT DEVELOPMENTS/UPDATES
- 7.3 SBYSF
- 7.3.1 SBYSF PLATINUM INGOTS CORPORATION INFORMATION
- 7.3.2 SBYSF PLATINUM INGOTS PRODUCTION CAPACITY, REVENUE, PRICE AND GROSS MARGIN (2017-2022)
- 7.3.3 SBYSF MAIN BUSINESS AND MARKETS SERVED
- 7.3.4 SBYSF RECENT DEVELOPMENTS/UPDATES
- 7.4 NORTHAM PLATINUM
- 7.4.1 NORTHAM PLATINUM PLATINUM INGOTS CORPORATION INFORMATION
- 7.4.2 NORTHAM PLATINUM PLATINUM INGOTS PRODUCTION CAPACITY, REVENUE, PRICE AND GROSS MARGIN (2017-2022)
- 7.4.3 NORTHAM PLATINUM MAIN BUSINESS AND MARKETS SERVED
- 7.4.4 NORTHAM PLATINUM RECENT DEVELOPMENTS/UPDATES
- 7.5 NORNICKEL
- 7.5.1 NORNICKEL PLATINUM INGOTS CORPORATION INFORMATION
- 7.5.2 NORNICKEL PLATINUM INGOTS PRODUCT PORTFOLIO
- 7.5.3 NORNICKEL PLATINUM INGOTS PRODUCTION CAPACITY, REVENUE, PRICE AND GROSS MARGIN (2017-2022)
- 7.5.4 NORNICKEL MAIN BUSINESS AND MARKETS SERVED
- 7.5.5 NORNICKEL RECENT DEVELOPMENTS/UPDATES
- 7.6 HERAEUS
- 7.6.1 HERAEUS PLATINUM INGOTS CORPORATION INFORMATION
- 7.6.2 HERAEUS PLATINUM INGOTS PRODUCT PORTFOLIO
- 7.6.3 HERAEUS PLATINUM INGOTS PRODUCTION CAPACITY, REVENUE, PRICE AND GROSS MARGIN (2017-2022)
- 7.6.4 HERAEUS MAIN BUSINESS AND MARKETS SERVED
- 7.7 AMERICAN ELEMENTS
- 7.7.1 AMERICAN ELEMENTS PLATINUM INGOTS CORPORATION INFORMATION
- 7.7.2 AMERICAN ELEMENTS PLATINUM INGOTS PRODUCT PORTFOLIO
- 7.7.3 AMERICAN ELEMENTS PLATINUM INGOTS PRODUCTION CAPACITY, REVENUE, PRICE AND GROSS MARGIN (2017-2022)
- 7.7.4 AMERICAN ELEMENTS MAIN BUSINESS AND MARKETS SERVED
- 7.8 SINO-PLATINUM METALS
- 7.8.1 SINO-PLATINUM METALS PLATINUM INGOTS CORPORATION INFORMATION
- 7.8.2 SINO-PLATINUM METALS PLATINUM INGOTS PRODUCT PORTFOLIO
- 7.8.3 SINO-PLATINUM METALS PLATINUM INGOTS PRODUCTION CAPACITY, REVENUE, PRICE AND GROSS MARGIN (2017-2022)
- 7.8.4 SINO-PLATINUM METALS MAIN BUSINESS AND MARKETS SERVED
- 7.9 JIANGSU BGRIMM METAL RECYCLING
- 7.9.1 JIANGSU BGRIMM METAL RECYCLING PLATINUM INGOTS CORPORATION INFORMATION
- 7.9.2 JIANGSU BGRIMM METAL RECYCLING PLATINUM INGOTS PRODUCT PORTFOLIO
- 7.9.3 JIANGSU BGRIMM METAL RECYCLING PLATINUM INGOTS PRODUCTION CAPACITY, REVENUE, PRICE AND GROSS MARGIN (2017-2022)
- 7.9.4 JIANGSU BGRIMM METAL RECYCLING MAIN BUSINESS AND MARKETS SERVED
8 PLATINUM INGOTS MANUFACTURING COST ANALYSIS
- 8.1 PLATINUM INGOTS KEY RAW MATERIALS ANALYSIS
- 8.1.1 KEY RAW MATERIALS
- 8.1.2 KEY SUPPLIERS OF RAW MATERIALS
- 8.2 MANUFACTURING PROCESS ANALYSIS OF PLATINUM INGOTS
- 8.3 PLATINUM INGOTS INDUSTRIAL CHAIN ANALYSIS
9 MARKETING CHANNEL, DISTRIBUTORS AND CUSTOMERS
- 9.1 MARKETING CHANNEL
- 9.2 PLATINUM INGOTS DISTRIBUTORS LIST
- 9.3 PLATINUM INGOTS CUSTOMERS
10 PLATINUM INGOTS MARKET DYNAMICS
- 10.1 PLATINUM INGOTS INDUSTRY TRENDS AND DRIVERS
- 10.2 PLATINUM INGOTS MARKET CHALLENGES AND RESTRAINTS
11 PRODUCTION AND SUPPLY FORECAST
- 11.1 GLOBAL FORECASTED PRODUCTION OF PLATINUM INGOTS BY REGION (2023-2028)
- 11.2 SOUTH AFRICA PLATINUM INGOTS PRODUCTION, REVENUE FORECAST (2023-2028)
- 11.3 RUSSIA PLATINUM INGOTS PRODUCTION, REVENUE FORECAST (2023-2028)
- 11.4 ZIMBABWE PLATINUM INGOTS PRODUCTION, REVENUE FORECAST (2023-2028)
- 11.5 CANADA PLATINUM INGOTS PRODUCTION, REVENUE FORECAST (2023-2028)
- 11.6 U.S. PLATINUM INGOTS PRODUCTION, REVENUE FORECAST (2023-2028)
12 CONSUMPTION AND DEMAND FORECAST
- 12.1 GLOBAL FORECASTED DEMAND ANALYSIS OF PLATINUM INGOTS
- 12.2 NORTH AMERICA FORECASTED CONSUMPTION OF PLATINUM INGOTS BY COUNTRY
- 12.3 EUROPE MARKET FORECASTED CONSUMPTION OF PLATINUM INGOTS BY COUNTRY
- 12.4 ASIA PACIFIC MARKET FORECASTED CONSUMPTION OF PLATINUM INGOTS BY REGION
- 12.5 LATIN AMERICA FORECASTED CONSUMPTION OF PLATINUM INGOTS BY COUNTRY
13 FORECAST BY TYPE AND BY APPLICATION
- 13.1 GLOBAL PRODUCTION, REVENUE AND PRICE FORECAST BY TYPE (2023-2028)
- 13.1.1 GLOBAL FORECASTED PRODUCTION OF PLATINUM INGOTS BY TYPE (2023-2028)
- 13.1.2 GLOBAL FORECASTED REVENUE OF PLATINUM INGOTS BY TYPE (2023-2028)
- 13.1.3 GLOBAL FORECASTED PRICE OF PLATINUM INGOTS BY TYPE (2023-2028)
- 13.2 GLOBAL PRODUCTION, REVENUE AND PRICE FORECAST BY APPLICATION (2023-2028)
- 13.2.1 GLOBAL FORECASTED PRODUCTION OF PLATINUM INGOTS BY APPLICATION (2023-2028)
- 13.2.2 GLOBAL FORECASTED REVENUE OF PLATINUM INGOTS BY APPLICATION (2023-2028)
- 13.2.3 GLOBAL FORECASTED PRICE OF PLATINUM INGOTS BY APPLICATION (2023-2028)
14 RESEARCH FINDINGS AND CONCLUSION
15 METHODOLOGY AND DATA SOURCE
- 15.1 METHODOLOGY/RESEARCH APPROACH
- 15.1.1 RESEARCH PROGRAMS/DESIGN
- 15.1.2 MARKET SIZE ESTIMATION
- 15.1.3 MARKET BREAKDOWN AND DATA TRIANGULATION
- 15.2 DATA SOURCE
- 15.2.1 SECONDARY SOURCES
- 15.2.2 PRIMARY SOURCES
- 15.3 AUTHOR LIST
- 15.4 DISCLAIMER