市场调查报告书
商品编码
1478103
全球铑市场规模、份额、成长分析,按类型(合金、金属和化合物)、按来源(矿物来源和回收资源)、按应用(化学製造、催化剂)- 2024-2031 年行业预测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年全球铑市场规模为22.2亿美元,预计将从2023年的23.5亿美元成长到2031年的36.6亿美元,预测期间(2024-2031年)复合年增长率为5.7%。
铑是铂族中一种高反射性和耐腐蚀的金属。它被认为是世界上最有价值和最稀有的金属。全球生产的大部分铑用于製造催化剂,以减少汽车废气中有害成分的含量。汽车工业对触媒转换器的需求以及其他工业部门对铑不断增长的需求都可能推动全球铑市场的大幅扩张。由于Covid-19疫情,贵金属价格受到阻碍,铑市场受到严重衝击。对锁定规范的抵制给汽车产业带来了重大问题。然而,随着封锁限制的解除,市场预计将以良好的速度扩张。
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.