市場調查報告書
商品編碼
1478103
全球銠市場規模、佔有率、成長分析,依類型(合金、金屬和化合物)、依來源(礦物來源和回收資源)、依應用(化學製造、催化劑)- 2024-2031 年行業預測Global Rhodium Market Size, Share, Growth Analysis, By Type(Alloys, metals and compounds), By Source(Mineral source, and recycling resource.), By Application(Chemical manufacturing, catalyst) - Industry Forecast 2024-2031 |
2022年全球銠市場規模為22.2億美元,預計將從2023年的23.5億美元成長到2031年的36.6億美元,預測期間(2024-2031年)複合年成長率為5.7%。
銠是鉑族中一種高反射性和耐腐蝕的金屬。它被認為是世界上最有價值和最稀有的金屬。全球生產的大部分銠用於製造催化劑,以減少汽車廢氣中有害成分的含量。汽車工業對觸媒轉換器的需求以及其他工業部門對銠不斷成長的需求都可能推動全球銠市場的大幅擴張。由於Covid-19疫情,貴金屬價格受到阻礙,銠市場受到嚴重衝擊。對鎖定規範的抵制給汽車產業帶來了重大問題。然而,隨著封鎖限制的解除,市場預計將以良好的速度擴張。
Global Rhodium Market size was valued at USD 2.22 billion in 2022 and is poised to grow from USD 2.35 billion in 2023 to USD 3.66 billion by 2031, growing at a CAGR of 5.7% during the forecast period (2024-2031).
Rhodium is a highly reflective and corrosion-resistant metal in the platinum group. It is regarded as the world's most valuable and scarcest metal. The majority of the rhodium produced worldwide is used to create catalysts that reduce the amount of hazardous components in automobile exhaust. The need for catalytic converters in the automobile industry and the rising demand for rhodium in other industrial sectors might both drive significant expansion in the global rhodium market. The market for rhodium was severely impacted by the Covid-19 epidemic because precious metal prices were hindered. The pushback against lockup norms presented significant issues for the automotive sector. However, following the lifting of the lockdown restrictions, the market is expected to expand at a good pace.
Top-down and bottom-up approaches were used to estimate and validate the size of the Global Rhodium Market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the Market size includes the following details: The key players in the Market were identified through secondary research, and their Market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top Market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Global Rhodium Market Segmental Analysis
The global rhodium market is segmented on the basis of type, source, application, and region. Based on type, the market is segmented into alloys, metals, and compounds. In terms of source, the rhodium market is segmented into mineral source, and recycling resource. With respect to segmentation by application, the market is categorized into chemical manufacturing, catalyst, electrical & electronics, jewellery, and others.
Drivers of the Global Rhodium Market
The welding and automotive sectors' spike in rhodium consumption may help drive the market's expansion. As a catalyst, rhodium has the potential to increase demand in the automobile sector. The growing need for spectrometers and thermoelectric devices is another factor driving the product's demand.
Restraints in the Global Rhodium Market
When compared to other metals, rhodium stands out for its notably higher price point as a product, potentially constraining its demand in specific applications and impeding the overall growth trajectory of the rhodium market. However, despite its premium pricing, rhodium's unique properties, such as its exceptional corrosion resistance and catalytic capabilities, continue to render it indispensable in various industrial sectors, including automotive, electronics, and jewelry manufacturing.
Market Trends of the Global Rhodium Market
The present market trend is an increase in research and development efforts aimed at discovering new applications for rhodium in emerging industrial regions of Europe and Japan. One of the platinum-rhodium alloys that are utilized as efficient catalysts in chemical reactions is the one that produces nitric acid. Rhodium is mostly used to make catalysts that reduce hazardous waste gasses for human health.