Press release
Platinum Powder Coating: Unlocking Higher Catalytic Efficiency and Electrode Durability
Compared with bulk platinum parts or uneven plated layers, platinum powder coatings offer higher material utilization efficiency, precise coating control, and reduced precious-metal consumption. Their ability to form stable, high-purity catalytic surfaces makes them indispensable for applications requiring long service life, high reaction efficiency, and minimal performance degradation.
The above case highlights how Platinum Powder Coatings enable performance optimization and cost control in high-value industrial and energy applications. QY Research has recently published a comprehensive market study on this specialized coating segment. Key findings are summarized below.
https://www.qyresearch.com/reports/5516849/platinum-powder-coating
Core Market Data
Global market size: USD 1.9 billion
CAGR (2024-2030): 7.2%
Average price: USD 1 million per ton
Annual production: 1950 tons
Gross margin: 42%
Production capacity: 2300 tons
List of Main Players
PPG Industries (USA)
AkzoNobel (Netherlands)
Axalta Coating (USA)
TIGER Coatings (Germany)
Kansai Paint (Japan)
Jotun (Norway)
Hempel (Denmark)
Sherwin-Williams (USA)
Asian Paints (India)
Tikkurila (Finland)
Nippon Paint (Japan)
Teknopox (Poland)
Eckart (Germany)
Whitford (USA)
1. By Coating Technology
Epoxy-Platinum Coating
Polyester-Platinum Coating
Polyurethane-Platinum Coating
2. By Platinum Powder Characteristics
Low-Pt Metallic Effect (0.5-3%)
Medium-Pt Functional (3-10%)
High-Pt High-Performance (Over 10%)
3. By Application
Construction
Automotive
Aerospace
Oil & Gas
Power Generation
Industrial Machinery
Semiconductor
Case Study for Bidding
Time: June 2024
Supplier: Johnson Matthey
Buyer: Hydrogen Technology OEM (Europe)
Product: High-Surface-Area Platinum Powder Coating (Fuel Cell Grade)
Quantity: 3.2 tons (platinum-equivalent)
Contract Value: USD 128 million
Delivery Timeline: April 2025
Detailed Application Scenario
The hydrogen equipment OEM applied Johnson Matthey's platinum powder coating to membrane electrode assemblies (MEAs) and metallic bipolar plates used in proton exchange membrane (PEM) fuel cells. The uniform dispersion and controlled particle size of the platinum powder maximized electrochemically active surface area, improving hydrogen oxidation and oxygen reduction reaction efficiency while minimizing precious-metal loading.
The coating demonstrated exceptional adhesion and corrosion resistance under acidic, high-humidity operating conditions, maintaining stable performance over extended duty cycles. By optimizing platinum usage and coating thickness, the manufacturer achieved lower cost per kilowatt output, extended component lifespan, and improved overall system efficiency. The project underscored how platinum powder coatings are critical for advancing hydrogen energy systems and other high-performance industrial technologies.
About QY Research
QY Research has established close partnerships with over 71,000 global leading players. With more than 20,000 industry experts worldwide, we maintain a strong global network to efficiently gather insights and raw data.
Our 36-step verification system ensures the reliability and quality of our data. With over 2 million reports, we have become the world's largest market report vendor. Our global database spans more than 2,000 sources and covers data from most countries, including import and export details.
We have partners in over 160 countries, providing comprehensive coverage of both sales and research networks. A 90% client return rate and long-term cooperation with key partners demonstrate the high level of service and quality QY Research delivers.
More than 30 IPOs and over 5,000 global media outlets and major corporations have used our data, solidifying QY Research as a global leader in data supply. We are committed to delivering services that exceed both client and societal expectations.
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Email: global@qyresearch.com
www.qyresearch.com
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