Press release
Palladium Market is Expected to Witness a Steady Growth by 2021
Request to Sample of Report- https://www.persistencemarketresearch.com/samples/4339
The global market for palladium is likely to experience significant growth with declining demand for metals and increasing demand for recycling metals, leading to palladium demand outstripping the supply. In addition, changing prospects of investments in palladium have also contributed to the growth of the market. Several new palladium exchange-traded funds by companies such as Absa Capital in South Africa are expected to create a significant boost for the palladium market.
Growing demand for palladium in catalytic converters in the automotive industry in vehicles exhausts are one of the major growth factors driving the palladium market. Demand for the metal from other sectors such as jewelry and industrial are also anticipated to contribute to the growth of the market. However, rising prices of palladium owing to supply issues in South Africa and declining state stockpiles in Russia are expected to hamper the growth of the market. North America was the largest consumer for palladium, followed by China owing to the presence of the vast automotive industry in the region. Future market growth is expected to be from Asia Pacific with the growing industrial activities in emerging economies such as India. These factors are expected to provide new opportunities for the growth of the market.
Request Report for TOC @ https://www.persistencemarketresearch.com/toc/4339
Aquarius Platinum, Stillwater Mining, Lonmin, First Quantum Minerals, GlencoreXstrata, Lundin Mining, and North American Palladium Ltd. are some of the major manufacturers of palladium dominating the market.
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web:https://www.persistencemarketresearch.com/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Palladium Market is Expected to Witness a Steady Growth by 2021 here
News-ID: 943328 • Views: …
More Releases from Persistence Market Research
Power Quality Equipment Market Size to Reach US$54.2 Billion by 2032, Driven by …
Market Overview
The global power quality equipment market is witnessing significant growth as industries, utilities, and commercial sectors increasingly emphasize uninterrupted and reliable electricity supply. According to Persistence Market Research's projections, the market size is expected to be valued at US$35.8 billion in 2025 and is projected to reach US$54.2 billion by 2032, expanding at a CAGR of 6.1% during the forecast period. This growth is fueled by rapid industrialization, rising…
Anaerobic Adhesives Market Size to Reach US$894.5 Million by 2031, Driven by Exp …
Market Overview
The global anaerobic adhesives market is experiencing steady growth as industries increasingly adopt advanced bonding solutions that enhance durability, reliability, and performance. According to Persistence Market Research's projections, the market is estimated to rise from US$613.9 million in 2024 to US$894.5 million by 2031, expanding at a CAGR of 5.5% during the forecast period. This growth is fueled by the rising demand from sectors such as automotive, aerospace, electronics,…
Textile Coatings Market Size to Reach US$6.8 Billion by 2031, Fueled by Demand f …
Market Overview
The global textile coatings market is witnessing steady growth, driven by the rising demand for functional, durable, and performance-enhancing fabrics across industries such as automotive, construction, healthcare, and fashion. According to Persistence Market Research's projections, the market is estimated to increase from US$4.8 billion in 2024 to US$6.8 billion by 2031, expanding at a CAGR of 5.0% during the forecast period. This growth is underpinned by the increasing adoption…
Architectural LED Products Market to Reach $23.6 Bn by 2032 Driven by Energy-Eff …
The global architectural LED products market is poised for substantial expansion over the next decade. Valued at approximately USD 12.5 billion in 2025, the market is projected to reach USD 23.6 billion by 2032, reflecting a robust compound annual growth rate (CAGR) of 9.4% during the forecast period from 2025 to 2032. This growth trajectory underscores the increasing adoption of LED technologies across residential, commercial, and industrial sectors, driven by…
More Releases for Palladium
Palladium Price Trend and Global Market Dynamics
Palladium, a rare and highly valuable precious metal, has gained immense importance in global markets, especially due to its indispensable role in automotive catalytic converters. Its price movements are highly sensitive to industrial demand, mining output, geopolitical events, and economic sentiment. Tracking the Palladium Price Trend offers crucial insights for stakeholders in the automotive, electronics, jewelry, and investment sectors.
This detailed report explores the current palladium market landscape, historical pricing behavior,…
Global Palladium Membrane Industry Chain Analysis Report 2025
On Jul 11, the latest report "Global Palladium Membrane Market 2025 by Manufacturers, Regions, Types and Applications, Forecast to 2031" from Global Info Research provides a detailed and comprehensive analysis of the global Palladium Membrane market. The report provides both quantitative and qualitative analysis by manufacturers, regions and countries, types and applications. As the market is constantly changing, this report explores market competition, supply and demand trends, and key factors…
Identifying Palladium Capacitors: A Comprehensive Guide
In the world of electronics, capacitors play a vital role in storing and releasing electrical energy, ensuring smooth operation of various devices. Among the various types of capacitors, palladium capacitors stand out for their unique properties and applications. However, identifying these capacitors can be challenging due to their specialized nature and the complexity of the market. This blog post aims to provide a comprehensive guide on how to identify palladium…
Palladium Market to Garner Brimming Revenues by 2026
Palladium Market: Overview
Palladium is a chemical element named after asteroid Pallas. It is denoted with atomic number 46 and symbol 'Pd.' Palladium is lustrous silvery white metal and is rarely found. It is assigned with platinum group of metals (PGMs), as they all have uniform chemical properties. The platinum group of metals consists of palladium, ruthenium, rhodium, platinum, osmium, and iridium. However, palladium is the least dense and has the…
Top 5 Producers Of Palladium Today
The production statistics below are compiled from company annual and operation reports
available from producer websites and is solely based on the website of PMVC Fund
www.pmvcfund.com. Refined platinum production numbers for each company can be found
beside the company’s name.
Norilsk Nickel – 2,731,000 ozs
MMC Norilsk Nickel (“Norilsk”) is the world’s largest producer of nickel (accounting for 17
percent of global production) and palladium (41 percent), and a top ten producer of copper.
The company…
Could Palladium Become More Valuable Than Gold?
For the first time in 16 years, the value of palladium is about to overtake the value of Gold.
The price of palladium has risen more the 30% in the last 6 months and progressively rising.
As of of today 9th October 2018 the current price of Palladium stands at €27,357.02 per kilogram, the highest ever it has risen too.
In addition to palladium’s record-climb last Friday, the metal also managed to trade…
