openPR Logo
Press release

Palladium Market is Expected to Witness a Steady Growth by 2021

02-14-2018 12:25 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Persistence Market Research

/ PR Agency: Persistence Market Research
Palladium Market is Expected to Witness a Steady Growth by 2021

Palladium is a lustrous silvery-white rare metal used in a diverse range of applications. The metal with other elements such as osmium, iridium, ruthenium, rhodium, and platinum are referred to as Platinum Group Metals (PGM). Palladium is majorly consumed in the automotive industry as catalytic converters, manufacturing of electronics and jewelry, as well as chemical and dental applications. Palladium is sourced from two major sources, viz., mine production and recycling.

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

Retail Glass Packaging Market Projected to Reach US$77.0 Billion by 2032 at 5.3% CAGR - Persistence Market Research
Retail Glass Packaging Market Projected to Reach US$77.0 Billion by 2032 at 5.3% …
The retail glass packaging market continues to play a crucial role in the global packaging ecosystem, particularly across food, beverage, cosmetics, and pharmaceutical retail channels. Glass packaging remains a preferred solution due to its premium appearance, chemical inertness, recyclability, and ability to preserve product integrity. As consumers increasingly prioritize sustainability, safety, and high quality packaging, retail glass packaging has regained strategic importance across both developed and emerging economies. Brands are
Quinoa Market to Reach $2.5B by 2033, Driven by Rising Health-Conscious Trends
Quinoa Market to Reach $2.5B by 2033, Driven by Rising Health-Conscious Trends
The global quinoa market is projected to experience substantial growth over the forecast period, driven by increasing consumer awareness of healthy and nutrient-rich food options. The market size is estimated at US$ 1.3 billion in 2026 and is expected to reach US$ 2.5 billion by 2033, representing a compound annual growth rate (CAGR) of 9.8% from 2026 to 2033. Quinoa's rich nutritional profile, including high protein content, essential amino acids, vitamins,
Cold-Pressed Oil Market to Reach $53.1B by 2033 Driven by Health-Conscious Demand
Cold-Pressed Oil Market to Reach $53.1B by 2033 Driven by Health-Conscious Deman …
The global cold-pressed oil market is poised for significant expansion over the next decade, driven by rising health awareness, demand for natural and minimally processed products, and increasing adoption of plant-based dietary patterns. Current market estimates indicate that the market is expected to reach a valuation of US$ 35.8 billion in 2026, with projections pointing toward US$ 53.1 billion by 2033. This represents a compound annual growth rate (CAGR) of
Molded Case Circuit Breaker Market to Reach US$ 15.1 Billion by 2033 - Persistence Market Research
Molded Case Circuit Breaker Market to Reach US$ 15.1 Billion by 2033 - Persisten …
The molded case circuit breaker market plays a critical role in the global power distribution and electrical protection ecosystem. Molded case circuit breakers commonly referred to as MCCBs are essential components in low voltage electrical systems where they provide overload protection short circuit protection and isolation capabilities. These devices are widely used across residential commercial and industrial infrastructures to ensure electrical safety reliability and operational continuity. As energy demand continues

All 5 Releases


More Releases for Palladium

Track Palladium Price Trend Historical and Forecasts
Palladium Price Trend and Forecast Global Market Outlook with Regional Analysis for North America, APAC, and Europe Executive Summary The global palladium market has experienced pronounced volatility over the past several quarters, shaped by shifting automotive demand, supply disruptions from key producing regions, evolving logistics conditions, and structural changes driven by electric vehicle adoption. Between Q4 2024 and Q3 2025, palladium prices moved through distinct cycles of supply-led rallies, inventory-driven corrections, and region-specific
Mezzanine Floor Manufacturer in India | Palladium Dynamics
Mezzanine Floor Manufacturer | Leading the Future of Industrial Space Optimization When it comes to optimizing industrial or commercial spaces without the need for new construction, mezzanine floors stand out as the ultimate solution. As a trusted Mezzanine Floor Manufacturer in India, Palladium Dynamics designs, engineers, and installs robust and modular mezzanine floor systems tailored to your business needs. 🏗️ Who We Are - Palladium Dynamics Palladium Dynamics is a leading name in
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,
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
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